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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Nov. 12, 1902)
Wednesday, November 12 1902 SOMETHING ENTIRELY NEW THE CONSTELLATION THE SUMPTER MINER p Hflk MBBMi 1 r FIRST OFFERING Of STOCK Constellation Gold iM P. O. Box REVIVAL IN GRANITE DISTRICT. Observations of a Spokane Mining Man on Recent Visit. O. .1. Johnson Iihh returned from u trii In thn Scaudia Tunnel iiml Climax min ing irciMTlicM ut (Sranllo, Oregon, lie htitd'M limit lu Scaudia Tumid was in (JiicIhv dill 11 distance of HNkl (cut last Saturday, and that tho big lodge should In ittrui'k now iiliniiMt iiny iluy. The tllllliol llMH Ih'011 llriviMI ItlMIIlt 'JtH) ft't't lioyoiid tin- llrst big lodge, where it hIiiIWH llll till' HUrfltCO, llllt tliodipllf tlio vein carries it beyond that point with depth. Tln lull); huh is being drilled iiitu tin iiiiiiiiituiii UN rapidly 11 h pos trihlo. On tln Climax niinii tlm tunnel in now hi .1 iIMmiii ( about HOO foot, ami M feet inure will bring it to tho rich shoot 011 tho cross lodge. Tim tunnel 1m in good oro mill several samploa havti lieeii li might to Spokane (or assays. Tho Cnug.ir uiiuo at liratilto has just iuM.tllod toaxlors and tho proerty will mmiii l running it tuillH with a largo (mcit u( iiicii In less than three weeks th.it properly will h treating 'JM tons of orod.tily, which will make it tho largest producei in t do dint rii't . A Imii.I Icii Imhii taken on tho Hold Hill group fur $10,0(10 and work will bo .igoioiinly pushed on tho proerty. Tln'-n cUum aro located only afow him dro.l yanln from tho Climax group, and is tho nuking of a big iiiino. Tho M.iguolia Iihh also chanson! IiiiiiiIh ami a iMworful eastern company will de velop tho property. Several rich Htrikoi havo boon mailo recently on (iranito t-icok, ciii.iug groat excite ment in tho camp. Mr. John. mi states that thero in inure liiiiiuoiM going on ami mom activity in th (iiitnite rauii now than there ha .ovet Iksmi before, ami predicts a great THE PROPERTIES OF THE CONSTELLATION GOLD MINING COMPANY Comprising Ten full claims, Mill Sito and Water Right, are located in the rich Cable Cove District of the Sumpter Gold Fields. Upwards of 1000 feet of Development Work prove a Continuous Ore Body, $ to 8 feet wide, from which Fifty assays give values of 4.50 to $39.50 per ton. j The officers and directors of the company comprise some of the best known mining operators of this district. . The Company is Incorporated for 1,000,000, Par Value Shares $1; One-half, or 500,000 shares, is reserved as Treasury Stock for Development Purposes. To provide an immediate De velopment Fund the company offers to the investing public 100,000 SHARES OF TREASURY STOCK AT TEN CENTS PER SHARE FOR PROSPECTUS, MAPS, ETC., ADDRESS C. H. McCOLLOCH, 185 Immhu for that district in near future. Kastcru caiital in ouring into the ilia, trict iiml many iroH'rtieH are changing IiiiiiiIh. Spokane Chronicle. Pomeroy Dredge Made Big Money. Tho moiiHter I'omoroy dredge, huilt to mine tho placer iMittnm of tho north fork of tho John Day ami of Canyon crook, which Iihh hecu in nieratiou over two mouths on the north fork lielow John Day city, will not run thin winter. Work will Mop a m hood an hud weather sots in. Tho dredge Iihh hail a fairly uninter rupted run since starting, lack of fuel lieing alMiut tho only ditllcillty. So uiammoth aro tho proMirtioiiM of this milling IniiiI that a ilor.en cord of fuel a day aro required to run it, and iih tliin Iihh to lie cut ami brought (low u from tho surrounding uiountaitiH, tho supply gave out at times. A largo crow- will hh'iuI tho major portion of tho winter getting a big amount ahead, and next season's run will prohably bo clear. The dredge Ih naid to have made big money, extract ing sometime iih high an $1000 a day, hut accurate llgurcK on tho output could not ho obtained. It in claimed that aulli dent concession aro owned by tho com puny to keep the dredge in operation tho year round for it century. "Now b the Appointed Time." Tho U. li. & N. Co. has just tatted a handsomely illustrated pamphlet en tilled, "Oregon, Washington and Idaho and their resources." People in the east aro auxiouM for information about the I'acillc northwoHt. If you will give the O. H. A N. coniany agent at Itakor City a Hat of name of eastern (leople, who aro likely to bo interested, tho booklet will be nmiliHl free to biicIi per son, lour truly, A. I.. Craig, deneral Passenger Agent. Use Giant powder, fuse and rap. Mining Company SECRETARY Sumpter, Oregon Mining the Thing for Small Investor. There aro two methodH of producing wealth in our present social system. Olio in by labor, tho other in by invest nienl The great uuiubor of individ uals who secure u livelihood by men iih of their own lulMir in the United Statoa in a fact that in attracting attention throughout tho world. Tho proHerity of them ImlividualH in coiiHtautly in creaHing; that Ih to nay, they are re ceiving bottvr wages and aro enabled to lay aside iiccumulatioiiH after providing for necessities, which cause our wiviugH bauka to show a greater accumulation of capital than any in tho world. Theao aavingH draw but a comparatively hiiiiiII rate of intorcHt. A itio8tion for tho hiiiiiII investor to consider Ih, "How ran I invest my savings safely, so that they will produce a higher rato of interest than that paid by savings banks?" "How can I, with my small reserve capital, partakoof tho largo profits that aro obtained by tho largo capitalist, who is able to invest in those enter prises which uro today most profitable?" "enterprises which help to develop the natural resources of the country require largo capital for that purpose. A smull investor cannot, of course, seculato safely. Ho cannot afford to buy rail road slocks or other securities quoted on the street. These aro subject to HuctuatioiiH controlled, in a measure, by capital aggregating millions. There are securities, however, in which a small investor can today place Ula Having and receive a rate of dividends far greater than that provided by savings banks, and equally as safe and even greater than that aid by stocks listed on tho exchange. Those securities are de velopments of tho condition existing in the mining business. Dead wood Inde liendent. No headache from Giant powder. i MINE j& AN ALL ABIDING FAITH. Tho Illinois Central Itailroud company liasjiin all abiding faith in the future of the great Northwest. A short time ago. this was manifested by the establish ment in Seattle of an agency to take care of their interests there. The latest effort is to put on a splendidly equipped new train service between St. Paul and Chicago. The new trains will be run niug Sunday, November '2. They will use their own rails between Chicago and Albert Lea, Minnesota, and the Minuo a'wlin fc St. Paul Ity. track from Albert U'tt to Minneapolis and St. Paul, run ning into the union deot at St. Paul, which is the same that is used by all lines in that city. Tho train is to be known as "Tho Chi cago, St. Paul & Minneapolis Limited" and will consist of sleeping car, buffet, library car and reclining chair car, through without change between Chi cago and Minneapolis and St. Paul. Dining car service will also Im main tained, super being served out of Chi cago and breakfast into Chicago. Trains will leave St. Paul at 7:10 p. m. and arrive in Chicago 0 :30 a. in. Icuve Chi cago at (1:10 p. in. and arrive at St. Paul 8:40 a. m., making close connection at St. Paul with all western lines. Tickets can bo purchased via this line, in con nection with all western Hues, at all stations. For further information regarding rates, routes, time, etc., call on or ad dress, U. 11. Trumri'i.l, Commercial Agent III. Cent. It. R., 142 Third St., Portland, Ore. Paul B. Thompson, Freight A Passenger Agent, III. Cent. R. R., Seattle, Wash. T. U. Harrison, aeent for Giant dow-1 der company. n