Wednesday, July 15, 190
THE SUMPTER MINER
11
Sumpter District
Sumpter District
CAPITAL STOCK
$150,000.
Full Paid and Non
Assessable. PAR VALUE 10 CTS.
1,500,000 Shares. 1,000,
000 Shares Tooled nnd
will not come on Market
in Cometition with
Treasury Stock.
1 The Pulaski J
X Gold Mining and Milling
T Company
500,000 SHARES
TREASURY STOCK.
PROCEEDS SOLELY
FOR DEVELOP
MENT WORK.
mtfcMtirafcMiMiMriitafc)iM
Nine Claims, Lead Traced Over 3,000 Feet Across the Claims. One and
a Half Miles From Smelter. One Mile From Railway. Water Power on
the Property. Plenty of Timber. 70 Per Cent Free Gold. Magnificent
Mill Site. Property Opened up by Open Cuts, Shafts and Tunnels. &
YITE have all the Requisites of a Magnificent Property. The Investor has the Money. We have the
Investment. You want a Straight, Legitimate Business Proposition. We have it. We require
funds to continue development. You have the funds. We need them. You can Purchase our First
issue of Treasury Stock at
FOUR CENTS PER SHARE
Can we not exchange? Remember our rxrentcs are eiy low and that otir dollar grows an we continue Development. Our latent anxayn
of average Hock, made by Kobbius A Uobbiiis and McKwen & McHwen of Similiter, pave from '-'.HO to $l!tl.H0. Picked sample gavof 154.10,
$1118.00 and $100.00, and' we are still 200 feet (estimated) from tlio ledge. J Write for our "Kpitomo of Facta." Stock may bo purchased
on the Installment Plan, 30 per Cent down, balance in two monthly payments. Remit by Hunk Draft, Postolllce Order or Registered letter.
wMMmxjw
Bankers The First National Bank of Sumpter.
Address all communications to
J. hi MacCallum, Secy,
SUMPTER, OREGON.
TO INVESTORS.
Why Shares Are Offered In
Mining Properties.
To many pooplo it is bard to
understand why it is uocossary to
offer for sale shares of any good
miuiug proposition. Thoy soom to
think that local capital should
gobble up uud control ull tho good
Investments in sight, and becuuso
this is not done, thoy soom to feel
that tho Investment is uot as good
as it should bo.
That this idea is outiroly wroug
a few minutes' thought will oonvluco
almost anyone who is open to con
vlction. Knowing what an oxpenslve
operation it is to develop a mine
properly it only seems uecossary to
count the number of mines in a
country or district to realize that
millions of dollars are invested thoro
in development work, and It will
not take long to arrive at the
conclusion that there is not local
capital enough to furnish more than
a very small part of this sum. It
becomes necessary, therefore, to
attract and interest capital from
other places, for which purpose stock
or shares are sold.
Nor Is this mode of opration con
fined to mining investments only.
We find the same thing done in
railroading, in the industrials, in
fact, iu all buslucssos whoro it is
necessary to raiso capital iu order to
accomplish certain results.
A man would bo considered
oxrtomoly foolish if ho assorted thut
tho shares aud bonds of our 'largo
railroad companies or oven our
government bonds should bo looked
upon with suspicion bocuuso thoy aro
offered for salo to tho public at
largo. Vet these bonds aud shares ure
sold to raiso monoy to accomplish
oortaln objocts. Tako, for example,
sonio or tlio big railroads, liko tlio
Suutu Fo uud Union Pacific, who aro
issuing millions of dollars' worth of
bonds to raiso tho amount of mouoy
uecossary to equip thoir ongluos
with oil burners. Thoso bouds uro
bought all ovor tho world, yet no
ono would dare say that that tho in
vestment was u suspicious one bocauso
local capital did not tako tho wholo
issuo. Tho United States Stool Trust
at its couception offerod its stock to
tho general public, and the genoral
public all ovor the world subscribed
for it. The Russian government
came here to raise $50,000,000, yet
it would seem that there is sufficient
wealth In Russia to take up such au
amount locally.
It must be remembered that local
capital has a good many, calls upon
it, and no man cares to put all he
possesses in one thing. lie figures
that money well scattered Is well
protected and he Is perfectly right.
A good business man will examlno
different investments before invest
ing a dollar; then, if he is well
impressed, ho will buy stock iu tho
different ouos, always rosorvlng a few
dollars for hoiiio other good proposi
tion that is bound to como along.
Au Inventor should not, therefore,
Jump to the conclusion that becuuso
ho has tho opportunity offered him
of Inventing iu it good initio, tho pro
position is of tio value simply bocauso
local capital hus uot yot takou it up.
On tho contrary, if his Investigation
is satisfactory, ho should lotto no
time iu thanking tho one who gave
him tho opportunity. National
llankor.
Fine BaUocts.
Tho onglueoriug and assaying firm
of Juorisen &. Clurko has placed a
vory fluo Smith &. Thompson balance
in Its laboratory. It is the only
one of tho kiud in tho city. It has
fixed leases for reading the beam
aud pointer, aud will weigh to a very
small fraction.
Tlio celebrated (.iiind's "tlio beer of
good cheer" always on draught at Dun
phy's The Club
IUESSEN A CLARKE
MINING & CIVIL INGINCCRS
PCCIALTICa-
I'xperl examination. Reiwrli on Mining I'ropeilles.
Oetlgnlng and Intuiting Mill anj I'owcr I'lanti.
II. S. Mineral nJ UnJervrounJ Survey.
Management l Mining I'roprillet.
bUMniw, OMCOON.
Bfc'f'VyByByf'.'SySy1
mCKYLl UORHOUS
. JOHN GAGEN, Propr.
Jobbers in
i Wines, Liquors and Cigars j
Sumpter Bottling Works j;
at All KiikIh ot uarhonutcd wrinks a
The New Olympia
E.E. HAUSER, PROP.
FINE OLD (1S4) HERMITAOE WHISKEY
FINEST HANOI OP
WINES, ALES AND PORTERS. OLYMPIA BEER,
BOTTLED OR DRAUGHT. FINE CIGARS.
CLUB ROOM IN CONNECTION,
CENTER STREET, OPPOSITE P. O. SUMPTER, OREGON
WXilMt(lt(W&