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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Dec. 10, 1902)
Wednesday, December 10, 1902 ADVANCE ADVANCE THE SUMPTER MINER If you want to make an investment in a mining enterprise, Investigate Ours. There is no system more fair and equal for all concerned than we have adopted. ADVANCE YOU need not fear that the large interest will swallow up the small interest. All stand on the same footing and share alike in the product of the mine. Our company is conducted on the most eco nomical principles to insure good returns. No man shall receive a salary unless he performs service henelici.il to the company. Better pay two miners three dollars each for a day's labor than to pay six dollars for the services of a needless manager or superintendent. We can place you where the investment of a small amount of money will bring you large returns. We ask an opportunity of explaining to you our system of conducting a mining enterprise. We want to prove to you why and how we are bound to be successful. We want to tell you how to secure good mining stock at a low figure. We would not ask you to place your money where we would not place our own. Taking all things into consideration, we can offer you the best opportunity for investment that you can find anywhere. It does not require a fortune to become interested with us, where the indications point to speedy and most profitable returns. We are in this business to make it a success, and will do it by systematic development and good management. We invite the strictest investigation of our properties and our company. Write to us for full particulars how you may become in terested in a good mine for small investment, and we will convince you that every word we advertise is true. We can furnish you the best of references. Address ADVANCE MINING CO. ADVANCE : SUMPTER, OREGON ADVANCE ADVANCE IS IN ADVANCE. Notes of a Valuable Cable Cove Property. TlniinuM .1. Cmtello, of tint Advance Mining cunipHiiy in in tin city (nun tin m'.'iiK u( iiHr.Uiiiiix of that concern In tlin Cabin Cove iliNtrii't, 15 miles nnrtli o( Suuiptur. Tim prnpcrtx now being developed In wli.it im known .n the Storm Kill); crimp, cnuti'diiig n ,cn claims. About (3(XX) 1 1 mk Ikm'ii ok )'iiilfl on surface property It icli Iiiih mi thoroughly piovi'ii tint viiluit of tint ground that tint manage incut in in hic'ioii of nil information hh lion' to pioccod with future develop iiimit 111 Ilit limit effective mill econ oniii'.il iiiauuci A wnikiug lnfi in now being sunk un rapidly hh tw .hilts i'iiii ni 11k it. Ntt.irly tin fiiiint shaft in in pay ore which carrier, .in average of (80, nr ton in gold, silver ..ihI i-opvr. Three min ing tt(HtrtH li.ivo examined thisprcrty mill .ill have expressed tlicmsclvei. as luting vory niiii'li surprised that such a imigiiiticeiit showing win. not Uk.tn up lung before tho aUive named company actiiicl it. Slock in lliii .'iiiupiiuy was placed on tho.iu.irkot at .p)ll cents Hr Hluini, hut no Knt.il llltit Ufll till' .l.tlllllllll tluit it has advanced t.if t.llil,iiml it iselalniol there h no dlltlculty in disposing of it at tluit tlgUIH. Tint ur.i now being extracted will Ut Htiircl during tln winter uml ship-ted totliortincltcr next spring. Tliit iir N almost what may ' toniunl self lluxing. It 1 tains iron ami lime In iimutitii'n sullicicut to reduce it. Money la Low Grade Ore. Low grade properties urn tint ht'Ht money makers. They necessitate law 1'iipitiil for operating them, hut th.y arc Hunt. Investors aro looking fur proper tics of thin kiml uml not for mines carry inn narrow hi'iiiiih of high irntUt ore. biw grade tiiiu.'H, a h a rule, nr.t morn satisfactory hiiiI yield in tint aggregate uiui'h larger returns. Thomiuesot Ana t'oii.ht uml Hutlii am iih a rulo low grade, a are those of the Cocur d'Alcue. In dividual miners would hav.t starved to death attempting to iiiak.t money out of the Hnuiestako or Trcadwell mines, mid it wan only hy tho employment of I large quantities of ma.'hin.try ami bun I dreds of men that they luivchccn ahl.t to ' pay enormous dividends, (.urge, Uxlics I of low grade ore can Ut prolitahly and more economically handled thauHUialler I mining enterprises. .lounul for In Ventura. An Idaho Bonanza. The American Mining Nuwa, of the 'JO iiiHt., Iim the following to my of the KriiUy Mine: The Friday mine, of Snmpter, Oregon, in being opened rapid ly. With each successive Htage of the work lha value of the proerty becomes mure apparent. Four thousand live hundred tonn of ore, of an average value of ('JO ier ton, are all ready for the mill, which is expected to Ut in teratiou J within a few weeks. The cost of min ing is being kept at rock bottom not over (1 ht ton ami in eonseijuenco dividends seem cure as soon as the mill Is in open.tion. Messrs. SorcnsonA Co. who are placing a small block of the stock, are very much pleased at the out look. Leave your measure for a suit of clothes at Neill Mercantile company's. AN INTERESTING REPORT How the Homettakc Pays Dividends on $3.53 Ore. The annual report of the superinten dent and secretary of the llomeitake Mining company of the lllack Hills has recently Ueu issued to the shareholders, mid it is interesting reading whether one is pcrt-uually interested or not. The llonicstiiKo, produced in bullion (4,303,077.67 for the year ending .luue I, UK):', at-aiust (3,030,33:.03 for the year ending .luue 1, MM)I. The fix stamp mills of the company produced LM I, 'J07.HH ounces of bullion, gross. This was worth (3,747,400.14 in gold mid ('J8,4lMt.74 in silver. Mint charges against this amounted to (10, O8I..V1, which left (:,7iK 8J3.34 The priK'eeds of concentrates amount to (430.4!i. The different mills of the company re duced during the year I,'JI8,083 tons of ore. Of thin the llomestake mill re duced 287,134 tons, the (iolden Star, 'J88.:Ul; Amicus, UW.015; Dead wood- Terra, UMUJo; Monroe, I.W,'-tX); Mineral Point, 8:t,7ar); PocahoutaH, 57,'JUO. Tho monthly average of ore milled has been 101,507 tons, or altout 'J.8.S0 tons a day. This ore has yielded :t.M a ton net. The monthly cleanups at the stamp mills have amounted to (3M,tU8. 74 on the average, and the cyanide plant ha yielded a monthly average of (44,810.31. The financial report of the secretary furnishes some interesting figures, among the receipts, In addition to the bullion account, are shown hills pay able, (:t00,0tXi ; proceeds of rale ".lack Hills and Fort Pierre railroad to C. It. A Q., (1,000,000; balance of cash trans ferred, (ltl,0:t7.40; new capital stock issued, 8,400 shares at (7tr a share, (030,. 000, With numerous minor items and various balances the receipts are brought up to (0,017,010.03. I carry a fine line of silverware, jewelry watches, docks, solid silver novelites, souvenir goods of Sumpter in solid silver and aluminum. New goods arriving dally. F.vcrythiug suitable for a fine Christmas present. F. C. Hhodik, .Jeweler. Granite street, opposite Hotel Sumpter. Timber and Homestead Filings. Timlier and homestead tilings, as well as llnal proofs, can Ut made before Charles II. Chance, United States com missioner, olllce in First Hank of Sump ter building, Sumpter, thus saving ap plicants expense of a trip to La Grande. STOCKS FOR SALE Hyson 00?X Archuleta Oil 00 Navajo Oil 10 Constellation 07.!i Sumpter Gail liordeu 00?4' Maryland 03 Listen Lake L'.OO Northwestern Con l.'JS WANTKll Hlue Bird Sampson A good prosHct Wilson & Bucknum MINING INVESTMENTS Glcason llldg SUMITEll, OKE. ,j