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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 25, 1903)
Wednesday, March a$, iqo? THE SUMPTER MINER 1 1 A PROMISE FULFILLED THE GOLCONDA'S IMPROVEMENTS NEARLY COMPLETED &dt L w ,,..-? NCD39I AU 1 .it i! )'. jf t'4J iJ W HEN THE GOLCONDA CONSOLIDATED HOLD JUNES COMPANY inado its promise to investors hist fall, it Intended to live up to them. When this com puny put itself on record mid wild "WE WILL," It iriennt to do thoso thlugs and IT HAS FULFILLED THESE r . . , PROMISES. Never has the Investing publlo hnd h better opportunity of putting money into a first-class mining proposition thnn that offered by the GOLCONDA. From u rich miuo needing improvements It has boon evolved Into a great initio already entering upon its period of GREATER PRODUCTION. WHAT THE GOLCONDA CONSOLIDATED GOLD MINES COMPANY HAS DONE It in not what a com puny promises that counts; it is what it does. Tho (iolcondn Cousolidutod Gold Mines Company does not come before investors now with merely what it will do. It can toll what It HAS DONE, v Tho Milling Platit is now running to its fullest capacity 20 stamps, 12 Johnson Concentrators niuLa Rock Breaker, and it is reducing 100 TONS OF ORE EACH 24 HOURS During January tho company installed an additional HO-II. P. Phoenix Holler, equipped with a Cameron pump and an American 8011. P. feed water heater. During January, also, was iiibtalled a 10x14 70-11. P. VULCAN GEARED HOISTING ENGINE, equipped with a HOLTHOFF INDICATOR and a No. 2 SINGLE 'i i , DECKED CAGE, hung with a J, inch plow steel wire cablo. THIS HOIST HAS A LIFTING CAPACITY OF 5,000 pounds, 450 feet PER MINUTE and is ADEQUATE TO ENAHLE WORKINGS TO THE 1200-FOOT LEVEL. Tho old track from tlio tram GOO foot in length was taken out and a new track of No. 12 stool was laid and tho tram has lieou carefully bulastod. NEW CARS have boon purchased to enable the company to carry its ore from tho miuo to tho mill by tho train load, thus greatly facilitating tho matter of transportation. As motiro power a horse or a small oloctrlo motor operated by trolley wire will ,' be used. The company has 700 cords of wood, 0,000 lagging and 15,000 lineal feet of ; peelod tamarack stulls on its property. DEVELOPMENT WORK DURING THE MONTH OF JANUARY During January tho following workiugs woro driven: , ' 00 foot of drift in tho tuuuol lovol; ' ,-' 70 foot of crosscut in tho tuuuol lovol stopcs; ' : 45 foot of drift on tho 100-foot lovol; 40 feot of crosscut on tho 100-foot lovol; 20 foot of drift on tho 200-foot lovol; , i 30 foot of drift on tho 300-foot lovol. Tho work of deep sluklug will bo contlnuod until tho oro bodies have boon oponed to tho 1200-foot lovol. GOLCONDA STOCK AND THE CONSERVATIVE INVESTOR GOLCONDA Stock has been and is the stock of the conservative iuvostor. Its tremendous improvements, its original known valuo and the fact that it will declare a divldoud In April, aro proofs onough of its Intrinsic value. Nowhere iu tho world of investments is stock backed by moro tauglblo worth than it is in tho Golconda miuo. This stock la COLLATERAL; it la secured by enough gold oro to pay dividends for a generation, aud a milling and hoisting plant well ablo to turn tho latent wealth into motalio gold. As II seal ageut I have novor hesitated In publicly expressing my utmost cbnfldonco in tho futuro of this groat miuo. I have always considered that tho work accomp lished by Messrs. English aud Son was merely preliminary. I cousldor their 'de velopments moro scratcblugs that proved tho valuo of this property. Their work mado a fortuuo for them, but the real values aro now being uncovered and tho oularged plant will iucreaso tho production of this miuo whore it will pay dividends com uiousurnto with its miuoral wealth. Stockholders buying stock prior to tho declaration of dividends will rocelvo their proportionate share of the earnings. THIS IS STOCK IN A PRODUCING MINE THAT IS READY TO PAY DIVIDENDS Investors who recognize a valuablo security should procure stock NOW. Tho Golcouda has boon brought up to an industrial period aud is iu tho same ranks as aro tho larger and more prosperous manufacturing enterprises of tho country. If YOU wish furthor Information on thB miuo, or wish to make your investment while Golcouda Btock remains on sale, address all communications to l E E S O V I T T FISCAL AGENT M. THIRD FLOOR MERRILL BUILDING, MILWAUKEE, WISCONSIN. New York Office, Suite 129, 280 Broadway. Boston Office, 831 Board of Trade Building. Pittsburg Office, 700 Penn Building. St. Louis Office, 417 Odd Fellows Building. WRITE ME TO ANY OF THE ABOVE OFFICES.