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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Sept. 23, 1903)
Wednesday, September 2j, 1903 THE SUMPTER MINER SMELTER SOLD. Everett Plant and Mines go into Trust. A Now York dispatch to tbo Spokesinun-Roviow, seya: Charles .Sweeney has sold for tbo Federal Mining & Smelting compauy the Everett Smelter, with over 81)00,000 worth of of ore on hand, and tbo Monto Crlsto niluos to tbo Amorlonu SnioltiuK & Roltaiug company at a prlco exceeding a mllllou dollars. This Is more than tbo Federal com pany paid for theso properties, aud adds this much mouoy to the funds iu tbo treasury of the Federal -company. Tbo Sampling works havo been bought by the Federal company from the American Smelting & Rofluiug company, which bought them a your ago from tbo Coour 'Alouo Mlno Owners' association. Tbo prlco paid, 810,000, was loss tbuu the Toal value. Tboy cost 825,000. Tbo Everett Smoltor was owned by tho Fugot Souud Reduction company, whoso stockholders wore identical with thoso of tho Monto Cristo mines, all Now York mon. The smoltor and tho mines togother were profitable, although tho mines by tbomsolvos wore not. Mr. Sweonoy, who is at the Waldorf , where be will remain uutil at some timo in October, said: "Tho salo of tho Everett properties has been completed. The organiza tion of the Fedoral and this last deal will have no effect on the other mines in the Coeur d'Alenos. None of the stockholders in tbo Amerlcau Smelting & Refining company Is Interested in the Foderal company, but we have entirely satisfactory arangements for the handling of our ore. There will alwaya be a domaud lor all of the Coeur d'Alne oro, as the consumption of lead In tbo United States is greater than tho production. The request from the smelting company a yoar ago that wo curtail our outut was duo to tbo fact that tho smelting company had arranged to supply the manufacturers with lead at a fixed price for a year, and this destroyed tbo necessity for the manufacture carrying a stock. While the manufacturers were consuming their old stock the smelting company found its supply of lead ou hand running up to between 80,000,000 and 87,000,000. This was burdensome. Henco we were asked to restrict our output until tbo mauufacurors again begau taking their normal amounts. This they aro now doing, and tho United States Is importing lead." Marriage ol Well Known People. Fred Fontaino, a well known young attornoy of this city and Miss Nellie Donahue, of Cotterell. uoar Portland were married last Weduesday at high noon at tbo homo of the bride's par ents, iu the presence of a few friends and immediate relativos. The nowly married couple received many hand some and valuable presents. Mr. and Mrs. Fontaine visited the carnival at Portland, and the state fair at Salem, where Mr. Fontaine formerly resided, returning to Sumpter, Mon day. They will go to housekeeping at once, occupying the McCammon resi-dnce. Special Round Trip Rates. Between June 4th and August 20th The Illinois Central will sell round trip tickets from Oregon aud Wash iugtou points to Chicago, Cairo, Memphis aud Now Orleans nt Greatly Reduced Rates. Tickets good for threo months. Uolug limit ten days. Returning limit ton days after starting west. Stop over privileges either way, west of tbo Missouri River. Salo dates are arranged to bo con venient for delegates to conventions of National Educational Association at Bostou; Elks at Baltimore; Wood men at Iudluuapolis; Eagles at Now York; Sbriuers at Saratoga; Knights of Pythias at Louisville aud Com morclul Travelers at Iudluuapolis. You can tako your choice of Slx teou (1 liferent routes. Writo us. Wo will cheorfully glvo yru any de tailed Information you waut. B. II. TRUMnULL, Com'l Agent, 142 Third St., Portland, Oro. REPORT OF THE CONDITION Of The Pint National Bank of Sumpter, at Sumpter, in the State of Oregon, at the Close i, Business, Sept. 9, 1903. 87 RESOURCES. Loans aud discounts Overdrafts U. S. Bonds to socuro cir culation Premium ou bonds Stocks, securities, otc. Banking houso, furulturo and fixtures Duo from National Banks, not re serve agents Duo from state banka ic bankers Duo from approv'd reserve agents Checks aud other cash items Notes of othor Na tional banks - Fractional paper currency, nickels aud cents - - Lawful money re serve in bank, vis; - - Specie 10,300.70 Legal tender uotosl, 080.00 20,380.70 S per cent rodomption fund 312. DO Gold bullion and dust - 041.07 70,103.00 0,108.24 0,250.00 523.44 12;087.70 10,000.00 80,743.38 20,000.48 6,004.10 0,001.10 1,005.00 115.03 Total 8180,385.73 LIABILITIES. Capital stock paid in 825,000.00 Surplus fund 500.00 Undlvidod profits, loss ox- pousos aud taxes paid 211.03 Natioual bauk notes out standing --- - 0,250.00 Duo to other Nat'l banks 1,520.00 Individual doposltH sub ject to chock -134,400.G0 Domaud certificates of de posit 21.200.04 Certified checks 170.00 Total 8180,380.70 State of Oregon, )g Couuty of Baker, ' I, R. II. Miller, Casblor of the above named bank, do solemnly swear that the above statemont Is true to tbo best of my knowledgo and be lief. R. H. MILLER, Cashier. Subscribed aud sworn to before me this 10th day of Soptembor, 1003. C. II. CHANCE, Notary Public. Correct Attest : ED. W. MUELLER, N. C. RICHARDS, J. W. SCRIBER, Diroctors. GOOD THINGS TO EAT AT E. P. Bergman & Compa'y GROCERS Mill Street, New Building. t '-'''' KtniuimiuuHin JOHN MSEN, Propr. Jobbers In Wines, Liquors and Cigars Sumpter Bottling Works All Kind of Cnrlmnutt'd Drinks Mining Blanks Quartz and Placer Loca tions, Tunnel Claim and Water Right Locations, Proof of Labor, Affidavit of Discovery Work (Mining Deed, Option to Purchase, Quit Claim Deed, Lease j j j j M FOR SALE B THE SUMPTER MINER His First Complaint... "The writer regrets the necessity of lodging complaint concerning your usual excellent service, but in friendly spirit begs to submit the follewing: Yesterday you sold me lowei nine, car three, on the Pioneer Limited. But you neglected to advise me that it would be necessary to have the porter waken me in the morning, and as there was so little motion to the car, 1 overslept. I have covered a large area on some of the other famous trains of the United States and this is the first complaint of this character 1 have made. I trust you will see to it in the future that passengers are advised." The Pioneer Limited runs daily from St. Paul to Chicago via the Chicago, Milwaukee 6c St. Paul Railway !!K2L. l34ThirdSt, Portland, Ore. x i