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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Aug. 26, 1903)
Wednesday, August 26, iqoj THE SUMPTER MINER Sumpter District Sumpter District CAPITAL STOCK $150,000. Full Paid and Non Assessable. PAR VALUE 10 CTS. 1,600,000 Shares. 1,000, 000 Shares Pooled and will not come on Market in Competition with Treasury Stock. j The Pulaski J Gold Mining and Milling & I Company 500,000 SHARES TREASURY STOCK. PROCEEDS SOLELY FOR DEVELOP MENT WORK. MrtlMiMMillMlMlWMrtrtM , . . , , ,. . INine Uaims, Lead I raced Uver o,UUU reet Across the Uaims. une 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, rE 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 expenses are veiy low and that your dollar grows ns we continue Development. Our Intent assays 01 average Kock, made by itoumns x KouDins ana mctvwen iv Alcbwen 01 hummer, gave irom .;tuio fjii.mj. nckou sample gavosiiH.iu, 11(18.00 and 11(0.00, and we are still LtX) leet (estimated), from the ledge. J Write lor our "Kpttomo ni fuels." Stock may tie tmrchatied on the Installment Plan, SO per cent down, balance in two monthly payments. Remit by Bank Dralt, Postotllce Order or Registered letter. ;iUtUWmlUWlUtWtWtHiWiWW J Bankers The First National Bank of Sumpter. Address all communications to J. H. MacCallum, Secy. SUMPTER, OREGON. PUBLICITY NEEDED. Government Should Collect Accurate Data Concern ing Mines. The New Nork Commercial makes some wholesome observations anent Heinze's objections to the publication of information concerning his mines by tho United States Geological Survey. It eays: "Mr. F. Augustus Helnzn protests against tho publication of statistics and information concerning his mines by the United States Geological Survey. He eets up the claim, that the government representative was permitted to insect the mines only after he had promised that his deductions should not be made public until thelitigation between Heinze and the Amalgamated Copper company was concluded. That reads like a jest. Without going Into the legal require ments of this department of the govern ment we may be pardoned for express ing in a few words our opinion as to what it should be it carefully executed. ''In the first place, agents of the United States Geological Survey are presumed to collect accurate data of mineral depos its and to make them known in published form for the benefit of all, else what is the useof the department? These reports are often used by mine owners in boom ing their properties when it is desired to soil stock to the public. If their informa tion is Inaccurate or incomplete it is mis leading in its results. Certainly it is no part of the duty of the geologist to ex press opinions on tho value of individual properties. "In tho case under discussion Mr. Heinze had the promise of the govern ment agent, so he asserts, that informa tion gathered by him would not bo made public until tho litigation between Heinze and tho Amalgamated company was settled. As that is only among the vague possibilities, the government's geological report on Montana mines would be dry reading for years to como, likely, if these conditions were strictly adhered to. "The protest of Mr. Heinze and the discussion that vl follow it call atten tion to the fact that more publicity isde sirablo on such subjects. Mines, organ ized into a corporation and offering its stock to the public, with the promise o dividends thereon, become in a measure public property and the owners who are tho stockholders have a right to know all about them. It Is not the custom of some of these corporations to make such reports, for the reason that the directorate is so controlled by cer tain stockholders that other owners of the property are powerless to have a word in its conduct. The principal one of these is the Amalgamated Copper company. Its mines are good, its re ceipts are large, it pays a dividend not a reasonable one, perhaps but thous ands of its stockholders are in absolute ignorance of what is being done. This is where the state and government should act. There are certain facts that should Ikj public property in connection with our mines. Wo hoto the Interna tional Mining Congress will have some thing to say ubout this mutter in its next convention." DELEGATES APPOINTED. Governor Announces Representatives to Mining Congress at Deadwood-Lead. Governor George E. Chamberlain has announced the appointment of tho following an delegates to ropro Hout Oregon at tho American Mining Congress tu hold ut Dead wood, S. 1)., aoxt mouth : P. V. Druko, John T. Grayson, T. K. Muir, Philip S. HiitoH and Clark Tubor, of Portlund ; U. W. McCoy, Albort Golsor and A. J. Panting, of Uukor City; Johu C. Lowitt and J. W. Virtue, of Lolaud; J. W. Cnunellu uud S. II. Hell, of Sumpter; Arthur Coukliu, of Grant's Push; C. A. Kcumcri, Jacksonville; Churlos K. R3dliold, Heppuor. Most of tho delegates have signi fied their Intention of attending the cougrosH uud aro coufldout that Port laud will have the honor of enter taining tho minora iu 1000. Already promises have boou made by dolo gutos of different states to that offect. IUESSEN & CLARKE MINING & CIVIL ENGINEERS SPCCIALTICB- Expert Examinations. Re portion Mining Properties. Designing nj Installing Milts anj Power Plants. U. S. Mineral an J UnJergrounJ Surveys. Management o Mining Properties. SUMI'IliH, OHIIOON. MINING AND INDUSTRIAL Back From Spokane. Floyd II. Dennis, with the Killen Warner Stewart company, returned last week from Spokane, where he was called on account of his mother's illness. She is very much improved, he states. Hooks aro now xu for subscriptions to tho Pacific Lumber and Live Stock Company, an industrial of unusual, merit. 1.00k into it. A group of mines with (100 feet of de velopment work done, demonstrating value will ho sold as a whole or will sell oue-hulf interest and work tho property iu connection with purchaser. Best chance in the district. F. O. BUCKNUM SUMPTER, - OREGON THE JOHANNESBURG GOLD MINES CO. Itc(UL-Hts that its proposition lie in voHtiguted. It is high class. Send for proHtectus and engineer's roKrt. Price 50 cents. Dividends assured by October. PACIfIC COAST HIME3 IHIEAU Sit-S-4 Wlleoi balllUi, In AnfU Calif. Reference: State liank & Trust Co. ESiatiaaatLtll