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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 4, 1903)
iSHHiS tA VOL IV. SUMPTER, OREGON, MARCH 4, 190$. NO. 26. FINANCED THE LUCKY BOY, P. D. HEALY RETURNED FROM A SUCCESSFUL TRIP EAST. Vitiled Worcester, Mass.. After an Ab ttact of Fifteen Yean Plenty of Cheap Money there But People Have Queer Notions of Mining Investments Gold Fields of Eastern Oregon Little Known. Mr. and Mrs. P. I). Ilcaly reached homo HiIh forenoon from Worcester, Massachusetts, where tliey huvo boon, spending the winter. lioforo coming to Oregon they lived there and this Is tholr first trip back in llfteon yearn. Mr. Ilealey nays that If ho wero thoro broke, ho would walk to Oregon, In preforenco to remaining. Not- withstanding their desire to return home, they enjoyed tho visit with old friends and relatives IIo roportti that thoro 1h any quantity of idlo money throughout Now England Hooking investment, as three per cent annually 1h about all it will earn there. The gold Holds of eastern Oregon are, howoror, scarcely known to the general public, and mining investments are regarded with more or less suspicion, owing to many people having boon swindled by fraudulent oporutors. Worcester people wore, a your or so sinco ileoced by one company, a Cali fornia fake, of more than $.'100,000. But if you can convince them that your proposition is all right, there is no trouble to raise all tho money needed for legltiiimto purposes In a milling venture. Another feature ho noticed about the attitude of eastern people regard lug milling Investments, is some what amusing to the milling camp mind. Husiness men who seek the reputation of lieiug conservative, still wish to accumulate money more rapidly than can be done in tho over crowded channels of trade there, and some of them have been convinced that this can ho accomplished by buying mining stocks; yet they will not do so openly, fearing that their baukors might not approvo and with draw the credit that every business mail needs at times. Tho uninformed buck thero still classify mining in vestments in tho same category with stock speculation ami betting on a horse race. This being tho case, they certainly are in need of enlightenment through missionary eifort, and Mr. Hoaly preached the living truth to them on this subject with more or less bene ficial effect. IIo succeeded in financiering the Lucky Hoy company, which owns a group of claims of far more than or dinary promise, out in tho Honanza district. Ample funds will lie pro vided for developing this property, work on which will bo commenced as soon as tho snow molts stitlicioiitly to hand in supplies. To a Minneapolis man he has also practically sold Ills llnrnt river placer ground. ACQUIRES MORE CLAIMS. BIG DEAL IN MINES AT QUARTZBURG. Killen, Warner, Stewart Com pany Buys Three Groups. Tammany Secures two Adjoining, by Location. E. Hut, Sr. was in town today on his way from Ills homo in Haker City to the Tammany mine, of which ho is the general manager, rep resenting tho Michigan capitalists who own a control In tho company. For four or live weeks past Mr. llutz has l)eoii coullnod to his tied with sickness. He says that tho company has ro- coutly acquired two more cluimirr by location, which have boon added to tho group. They cover a parallel to tho original Tammauy vein, that is of recent discover', ud looks to bo, judged from surfaco Indications, equally as valuable. A party of Michigan men are ex pected to arrive in Sumpter at an early dato to examine this property, with a view of buying a largo block of treasury stock. Tho mine is being worked continu ously this winter and all reports aro to the effect that a magnlllcont ore body is being blocked out prior to tho erection of a mill. Annual Meeting of Red Boy Stockholders. The annual meeting of tho stock holders of the lied lioy Consolidated (Sold Mining company was held In Haker City this afternoon. Tho foll owing directors wero elected : 10. .7. (Sodfroy, W. A. Thatcher, Edward Jusseu, .1. T. Dnonelly, C. II .Wado and J. A. Howard. Tho directors will hold a meeting tills evening and elect olllcers. It has been reported that there has been some friction in tho company; but tho above director ate looks as if these differences had been adjusted, as the different inter ests are represented. Will Buy Amalgam and Dust April I. (iouoral Manager Mueller, of tho smolter, says that his company will lo ready to buy amalgam and gold dust by April 1. When asked when ho would begin buying ores aud con centrates, ho replied with a sin Ho ou his face, that was u cross between amusement and exasperation just as soon as the gentlemen iu chargo of the niaiiagomeut of tho Sumpter Val ley railrway build that side trek to our sampling works. From what is considered a reliable source, THE MINER learns that tint Killen, Warner, Stewart company lias about closed a deal that is sine to rank as one of the most important transactions iu mines of the year. The properties involved are throe of the best known groups Iu the Qiiart.burg district, on which much development work has boon done. They will lie consolidated Into olio gigautlu company, articles of in corporation of which aro now being drafted. Members of this tlrm, when ques tioned by TIIK MINER representa tive, declined to discuss tho matter. Thoy acknowledged, however, that there'll "something doing" and vent u red tho prediction that in ten days or two wooks tho deal would lie taken down from the hooks, where it has beou hanging for a couple of months. This is tho first transaction of any magnitude in Qiuirtzburg mines par ticipated in by Sumpter operators, but it won't be tho last for thero is not a more promising district in tho state. fALK OF THE TOWN. Mrs N. C. Richards' sister, who bus been visiting her for some days past, left this afternoon for her home in Seattle. Mrs. J. II. Hngland presented her husband with u lino girl b.iby Sunday night. Hoth motherand child are doing well. President Michaels, of the Tiiruignlu Arm company, leaves MlmicupoliH to day for Sumpter, anil will arrive here Saturday or Sunday. Zocth I looser, principal owner of the Standard, (imirt.hurg distric, came iu from the mine yesterday and left on the afternoon train for I'eiidletou. Hon. J. II. KnhhiiiH Is sick abed iu Portland and has been for a week past. Mrs. ItohbiiiN is with him, and It Is not known when they will return home. David Wilson arrived iu Sumpter this forenoon from SMkanu, where he is now making his headquarters, lie has re cently returned from a business trip cast. J. W. Pennington, who reformed and abandoned the bad habit of working Iu a nowHpuer ofllcu fifteen years ago, has fallen from grace and is this week doing a turn for Tiik Minkk. Domestic felicity is said to have re celved considerable of a jolt In one Sump ter home a few evenings since, through the medium of occular demonstration that marital vows had slipped a cog. Nell Sorensen Is down Portland way, somewhere iu Willamette valley; Otto llerlocker is iu Haker City and Frank Sheltou says he is too buisy to talk for publication regarding what is being done at the Highland this week. Mr. and Mrs. Hoy Miller went to Ha ker City Monday afternoon to attend tho Daniel Sully performance. Mrs. Miller has received the cheering news from her sister, Mrs. Hrock, that their mother is much improved and is now out of danger. Next Sunday will 1 observed as Kiln catioual Day at the Methodist church. The snrman in the morning will be ou Christian education in Oregon. An offer ing will le taken for the Willamette university. Kvcrylmdy Is invited to all the services. it Is now tho First National Hank of Sumpter, the old institution, the First Hank ol Sumpter having passed out of existence February 28. Tho National Hank charter was grantod several months ago, but ronko delay wait en countered in securing supplies. While drunk Sunday, II. K. McFnd deu, from the Greenhorns, stabbed M. Vaughn with a ocket-knife, without provocation. In default of $MX) bonds, llxed by Judge Evans, he was taken to the county jail. Dr. Pearce attended tho wounded man and has no fear of serious results. Judged by the roorts published in the Haker Cfty papers, that alledged mob of won Id-be lynchers from Haines, that visited the linker City jail Monday night, merely put up a very transparent bluff, (or delegations visited the jail sev eral times during the evening and by their actions virtually informed tho Sheriff of their intentions. Tiir Minkk has just llulshcd what Is undoubtedly the largest single order for job printing ever turned out by an east ern Oregon shop. The work was for the First National Hank of this city and consisted of over a quarter of a million pieces of p.iper, every one of which was placed in tabs. Tho paper consumed In lllling the order weighed over 1,500 Miuuds. More than 100,000 impressions were required. Sale of Summit Butterfly Group. Mr. and Mrs. J. II. Fryer, returned to Sumpter last Friday from tho Willamette valley, where they spent tho winter. Mr. Fryer has sold to a syndicate of Yamhill people tho Summit Ilutterlly group, Cable Cove district. These gentlemen aro men of ample means and will develop this properly ou an extensive scale during the present season. Work has al ready been commenced. Mr. aud Mrs. Fryer's many friends will bo pleased to learn that they exect to remain in Sumpter. H f M