THE SUMPTER MINER
Wednesday, June 17, 1905
El
RECENT DEALS IN
GOLCONDA STOCK.
Interesting Reports of Some
Huge Transactions.
ltoKarriliiK recent deiilH in Onluoudn
ntouk Hoinu very lntorcnUiiK and,
apparently, well iiuthontlcitted
HtorloHiiro Iming related, under IioixIh
of Htmrooy, liy people who Intro tho
reputation of IkiIiik on tho limldo of
tliiiiKH Kcnorally.
Oiki of tlioHo 1m that an a roritilt of
a vIhII to Huniptor and (ho (iolconda
iiiinn two or throe wcokx hIiiuo ly
lion Norman, of Chicago, Hcurotnry
.1. A, Howard roiilred an order a fow
dayN hIihio for 50,000 Hliaron of Htock
at a prico much higher than that
received liy any of the local Htock
holdera, when they Intro "nlnlfod olf"
a Hinall block on tho (pilot, to rulMi
a llttlo iniioli needed ready money.
And, hoiiio people will Hay, hIiuiiko
to rolato, tho ordor ran not ho Mind,
Tho InloroHtiiiK feature of thin
inuldont Ih that lion Norman Ih
privato Nonrotary for .1. II. Kekoln,
comptroller of tho currouey during
tho Cleveland adinliiNtratlon, and
at proHont protddont of tint Conti
nental National Imnk, of CIiIcmko.
Air. Eckelx, It Ih roportod, already
owiih '!(), 000 nharoH of (Iolconda and
wIhIioh to InoroiiHo IiIh holding, at a
llKiiro vory llttlo lend than that aHkod
for troiiHiiry Htock, an quoted ly Loo
8. Ovltt, tho lineal iiKout.
Another roport Ih that G. H. Wado,
tho I'oudlotnu Imnkor, who Ih porlinpM
tho lurwHt Individual Htockholdor in
tlm company, hart during tho puhI
fow wiH)kn bought 100,000 Hliaron;
lircriiiniiilily from pooplo wIioho feet
Itocuino cold, IIhIoiiIuk to tho con-
tlnnoiiH pnrforiuanco of tho knocking
ohoriiH, which Ihim been particularly
actlvo in condiimniiiK thin mini). It
Ih quite Kouorally known that hoiiio
of tho I'ondloton pooplo who put
inonoy into thin company when It wmh
rourKauized about a year ago, havo
folt very noro over the fact that
certain of tho promote havo
unloaded tholr Interest; from which
fact they vory naturally concluded
that they wore left "holding tho
Hack." Home eekH Hluce the rumor
win cliciilalcil around amoiiK thexo
minority Htock holder that Mr. Wade
waH hIho realiiiiK prolltn an fimt an
poHHllde. On hearing thin report, ho
promptly produced IiIh Mock cert III
eaten, proving thai ho had not nold
ii bhure and demount rut ili the fact
thai he wiih playing the Kami) liko u
wiiaro thoroughbred.
The Miner huIiiiiHh IIiIh, pomdhly,
unimportant piece of corroborative
evidence in Hiipporl of the correct ness
of thin report of Mr. Wnde'n recent
purcluiHii: Until within ahoul nix
vvcckn nlnce, the (Solcouda manage
incut wiih over a trllle more than
willing to furiitHli the press with the
details of all encouraging uewn
pertaining to tho miuo; ovory
uuuBiinlly high assuy was reported,
every now body of oro uncovored was
promptly cotnnninlcutcd to tho
uowHpaporH in fact, tho proposition
had tho ear mark of an olfort to boom
Htock hiiI oh. liut about six weeks
hIiico Seerotury Howard informed
u Miner representative that ho had
Im;oii instructed to glvo' out no moro
information to the press. It Is not a
"far fetched "conclusion that tho
purpose of this chimgo of policy
wiih to incroiiHO tho dogrco of
frigidity of those who woro Mifforiug
from cold feot, that Mr. Wado might
moro easily relievo them of their
HUfforingH.
All of which, Interpreted in to
plain oiikIIhIi, Is that tho Uolcoudii
Ih what Iiiih been cliiimoJ for it, u
great, rich miuo; that tho Mayors,
the men with norvo uro tho pooplo
who will iniike tho big inonoy and
that tho quitters have mado inoroly
n ChineHo digging! cleanup and
that Ih iih It should bo.
Spokano county, and superintendent
of tho mineral department of tho
Spokan fair to bo held October 5th
and Kith Inclusive, arrived in tho
city this week to got a collection of
j ores together from this district.
Mr Coplen says, that a great deal
of interest is shown at Spokano in
this camp, much capital is being in
! vested, and ho would liko to have a
I croditablo exhibit from hero. Ho
i will bo in tho city about a week and
j will visit tho different properties in
tho vicinity.
j Use Giant Powder, Fuse and Caps.
SEE THE LATEST STYLES III HATS AT THE
THE SEIV MILLINERY
AND DRESSMAKING
PARLORS
NIXT DOOR TO NR1T NAT L IANK, GRANITE T
Draw Cutting School In Connection.
CHALLENGE TO
DRILL AGAIN.
Bourne Team Dissatisfied With
Results At Granite
Saturday.
The Uoitrno contingent at tho
drilling contest at (Jraiilto Saturday
Ih somewhat dissatisfied with tho
roHiiltH. Tho Houruo team, Hendor
hoii and .Johns, won third placo, drill
ing thirty-four and sevou-olghth
inches iu tho allotted timo. ThU
wiih tho first team to drill through
tho rock, and It Ih claimed that there
wiih some delay on account of this
unexpected exigency which might
havo changed tho decision. Anyway
it gave tho following teams tho
bouellt of the first oiio'h oxporiouco,
and it Ih claimed iu a measure
obviated tho delay whou tho rock
wiih drilled through.
F. K. lloliimn, of liourue, was In
(ho city Monday, and states that tho
citizens of Houruo will put up u
purse of from 6100 to 9200 and
back their team agaiiiHt the first or
second teams iu tho (Iranlto contest
at any ilato between now and tho -5th
of June, and pay all necessary ex
penses. In view of the fact that tho
rock was not siilllelently large, and
their team had to contend with tho
confusion of being tho llrst one to go
through it, he says that they do not
think it wiih exactly a square deal.
ORE COLLECTION
FOR SPOKANE FAIR.
Mr. Coplen Here (or Thli Purpose and
Will Visit PropttlU.
W. A. Coplen of Spokane, St.
Louis Imposition Commissioner for,
IUESSEN & CLARKE
MINING & CIVIL ENGINEERS
SPECIALTIES
Expert Eliminations. Reports on Mining Properties.
Designing and Installing Mills anJ Cower Plants.
U. S. Mineral ni UnJerurounJ Surveys.
Management of Mining Properties.
SUMPTER, OREOON.
PHILBRICK & FENNER
MINING & CIVIL CNCINEERS
U. S. DEPUTY MINCRALSURVEYORS
EXAMINATIONS AND REPORTS
ON MINES
ROOMS 2 4 4, BANK Of SUMPTER
BLDQ. SUMPTER, OREOON.
LADIES' BAZAAR
Mrs. J. H. Bray
Mill St., seenni door south of StoJJirJ's Store
Ladies' and Children's HOME MADE APRONS
DRESS MAKING
HOTEL DIRECTORY
...TIlB...
- METROPOLITAN
MRS. SMITH
CENTER NORTH STREETS
SUMPTER - - OREGON
...THE CAPITAL HOTEL...
EUROPEAN PLAN
rates: si To.si.eo per day
FREE BUS TO & FROM TRAINS
NO CHINAMEN EMPLOYED
A. J. DENNY, Prop.
Hotel Griffin
H. S. GRIFFIN. Po.
RaUs: $1 and 1.26 Par Day
All Modern Improvement
Haarfquartars for Mlnars
and Worklnaman
SUMPTER OREGON
Books are now open for subscriptions
to the Pacific Lumber nnd Live Stock
Company, an industrial of unusual
merit. Look into it.
A group of mines with 000 feet of de
velopment work done, demonstrating
value will be sold as a whole or will sell
one-half interest and work the property
in connection with purchaser. Best
chance in the district.
Buy Listen Lake stock at $2.00 before
the advance.
F. O. BUCKNUM
SUMPTER, - OREGON
COLOEN EAGLE HOTEL
W. II. MATHER, lROIR.
A Flitt Class. Madern Hetsl
RiUs; 11.00 and 11.00 par day
Half Hack from Oapot
SUM ITER
ORKGON
Delmonico Hotel
M. SPENOLER, PROPR.
RATEB, SI. 2B PER OAY AND UP
FREE BATHB ron ntaui4n 04iiol'
COR, COLUMBIA A AUBURN STS.
ONE BLOCK EAST OF DEPOT
Sl'MITKU - OUKUON
fjotpe's
Cafe &
Cobging
OPEN ALL NIGHT
THE BEST SERVICE
IN TOWN
(5. IP. l0ttC
proprietor
ZTtar Depot Sumptcr, Oregon
kfvtttvy'.'fvfvfyfyy
p lurniniu uiuiiin uruio p
t XMCniUMR MIRIRb RLffO
IS THE ONLY
genuine mime newspaper
IN THE EAST
OHicitli ol tee National torermnsnt
Recegniie it as an Authority.
COLORADO ROOMING HOUSE
GRANITK STRKKT
MRS. K. O. M'KKN.IE, l'uop.
NICKI.YFURNISIIKDROOMS
J..r)0 1KK WKKK AMI HI1
No one interested iu mining can
afford to be without it.
Sample free if you mention the 5
SUMl'TER MINER. 5
r Published every Saturday by
AMERICAN MINING NEWS CO.
4 11 Broadway, New York.
U1
ew iorK. 0
-vayfyfyfyj
New Merchant Tailor
MILL STREET, OPPOSITE BANK OF SUMPTER
I Have Received a Large and Elegant Line of Suitini,
and Trouserings for Coming Season, Which You are Kindly
Invited to Inspect. Truly Yours,
aje , CHARLES GEE