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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (May 6, 1903)
X Wednesday, May 6, 1903 THE SUMPTER MINER it A PROMISE FULFILLED THE GOLCONDA'S IMPROVEMENTS NEARLY COMPLETED. &&& . .'t r . - v n. 1 111 K w HEN THE GOLCONDA CONSOLIDATED GOLD MINES COMPANY made Ita promise to investors last fall, it intended to llvo up to them. Wheu this compauy put itsolf ou record ami wild "WE WILL," it meant to do these things aud IT HAS FULFILLED THESE PROMISES. Never has tho invest lug public had a bettor opportunity of putting mono? into a' first-class mining proposition than that offorod by tho GOLCONDA. From a rich mine needing Improvements it has been ovolvod into a great mluo alroady entering upon its period of GREATER PRODUCTION. WHAT THE GOLCONDA CONSOLIDATED GOLD MINES COMPANY HAS DONE It is not what a compauy promises that counts; It is what it does. Tho Golcoudu Consolidated Gold Minos Company doos uot como before Inventors now with moroly what it will do. It can toll what It HAS DONE. Tho Milling Plant is now running to its fullest capacity 20 stamps, 12 Johnson Concentrators aud a Rock Breaker, aud it is reducing 100 TONS OF ORE EACH 24 HOURS During January tho company lustalled an additional 80-H. P. Phoonlx Uollor, equipped with a Camorou pump and an Amoricau 80-H. P. food water heater. During January, also, was lustallod a 10x14 75-11. P. VULCAN GEARED HOISTING ENGINE, oqulppod with a BOLTHOFF INDICATOR aud a No. 2 SINGLE DECKED CAGE, hung with a inch plow steel wire cable. THIS HOIST HAS A LIFTING CAPACITY OF 5,000 pounds, 450 foot PER MINUTE aud is ADEQUATE TO ENABLE WORKINGS TO THE 1200-FOOT LEVEL. Tho old track from tho tram GOO foot iu lougth was takou out and a now track of No. 12 stool was laid aud tho tram has boon carefully balastod. NEW CARS havo boon purchased to enable tho company to carry Its oro from tho mine to tho mill by tho train load, thus greatly facilitating tho mutter of transportation. As motlvo power a horse or a small electric motor oporatod by trolloy wire will bo used. Tho company has 750 cords of wood, 0,000 lagging aud 10,000 lluoul foot of pooled tamarack stulls on its proporty. DEVELOPMENT WORK DURING THE MONTH OF JANUARY During January tho following workings woro driveu: , . 00 foot of drift iu tho tunnel lovol; ' '' 70 foot of crosscut iu tho tunuol lovol stopos; 45 foot of drift ou tho 100-foot lovol; 40 foot of crosscut ou tho 100-foot lovol; 20 foot of drift ou tho 200-foot lovol ; 30 foot of drift on tho !l00-foot lovol. 1 ..Tho work of doop sinking will bo continued until tho oro bodies havo boon opouod to tho 1200-foot lovol. GOLCONDA STOCK AND THE CONSERVATIVE INVESTOR GOLCONDA Stock has boon aud is tho stock of tho conservative investor. Its tremendous Improvements, its original known value aud tho fact that it will doclaro a dividend iu April, aro proofs enough of its intrinsic valuo. Nowhere iu the world of Investments is stock backed by more tangible worth than it is in tho Gulcouda mi no. This stock is COLLATERAL; it is secured by enough gold oro to pay dividends for u gouoratiou, aud a milling and hoisting plant well ablo to turn tho latent wealth Into motalic gold. As lineal agont I havo uovor hesitated iu publicly expressing my utmost coulldouco iu tho future of this groat mine. I havo always considered that tho work accomp lished by Messrs. English aud Son was moroly preliminary. I consider their do volopmouts more scratchings that proved tho valuo of this property. Their work mado a fortuuo for thorn, but tho real values aro now being uncovered aud tho enlarged plaut will lucrcaso tho production of this mluo where it will pay dividends com monsurato with its mlnoral wealth. Stockholders buying stock prior to tho declaration of dividouds will rocelvo their proportiouato sharo of tho earnings. THIS IS STOCK IN A PRODUCING MINE THAT IS READY TO PAY DIVIDENDS Investors who recogulzo a valuablo security should procure stock, NOW. Tho Golcouda has been brought up to an industrial poriod aud Is iu tho sumo rauks as are the largor and moro prosperous manufacturing outorprlsos of tho country. If YOU wish further information on ths miuo, or wish to mako your investmout while Golconda stock remains on sale, address all communications to LEE S. OVITT FISCAL. AGENT M. THIRD FLOOR MERRILL BUILDING, MILWAUKEE, WISCONSIN New York Office, Suite 120, 280 Broadway. Pittsburg Office, 700 Perm Building. WRITE ME TO ANY OF THE ABOVE OFFICES. ltantnn nillc. RSI Board of Trade Building. St. Jxmie Office, 417 Odd Fellows Building. ii ,U i