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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 16, 1904)
Wednesday, .March 16, 1904,
The Storm King Mines
Why Mining is the Best Investment of Modern Times
I low cnn the Banker guarantee you 3 or 3i per cent interest on
your money? Does It not become apparent to you that lie must invent
your Money in an enterprise that will pay him not lew than 10 per cent
interest on Your Money in order to be assured a Margin of protlt?
Business statistic of the entire world conclusively prove thin fact,
That Your Money in the hands: of u Banker, Ib being placed in first class
mining stock, as it is conceded by financiers that mining stock is a legiti
mate company is now one of the Flrtt-CIai securities of the day.
There is a method in the Banker's way of doing business. Look
at tho many thousands of dividend-paying mines; they were at one time
mere prospects, some of them of uncertain future prosierity, yet perse
verance, coupled with an economical urn of the stockholders' money,
brought their Golden Treasures to the light of day, to Ihj distributed in
dividends to the patient shareholders.
The production of Gold is now the highest ever reached.
In ll02 the production of Gould amounted to LIMI.OOO.OOO, and in
1903 the production amounted to 1310,000,000.
And it is confidently computed by experts that the production will
reach the enormous sum of f'WO.OOO.OlO during the present year 1IK)4.
Thu above figure are the Facts that determine the Banker in
placing Your Money where he will draw from 'J.r to 1,000 per cent while
You are drawing your begrudged 3'8 per cent on the saiuc money.
N'W do you still wonder why Bankers are so wealthy, while your
nose is ever on the grindstone?
Friend, shako off your old Fogy ideas. Mining is as safe as bank
ing; if it were not, Bankers would not invest Your Money in mining
You have at good judgment in money matters as the Banker; then'
why not use your reason, and place Your Money where it will bring you'
the greatest returns?
We ask you to thoroughly investigate the Storm King group of
mines, owned by the Forest Mining Company. Send your own ox
pert, and if wo cannot substantiate each and every statement, wo will
cheerfully pay all of his exieiises.
Hear in mind, th-eenf the most widely known Mining Engineers
and Mineralogists have examined thu Storm King Mines, and their
opinions and reports will be mailed to you upon receipt of name and
Forest Mining Company
Lock Box J 08, Rooms 5 and 7, Bank of Sumptcr, Sumptcr Oregon
REFERENCES BANKS AND BUSINESS HOUSES REFERENCES
RELATIVE TO RED BOY.
After a Conference Here E. J. Godfrey
Hastily Leaves For The
There is something doing per
taining to the Rod Hoy mine. E. J.
(iodfrey and Receiver Thompson camo
in Friday forenoon and have been
iu consultation all day with people
who do things.
About noon Mr. Godfrey told a
Miner man that he would probably
be able to give him some interesting
information later iu tho day. At :i
o'clock, tho train not having then
arrived from tho east, Mr. (iodfrey
stated that there was nothing to
Some negotiations were doubtless
pending that did not materialize,
and Mr. Godfrey leaves for the east
tonight. It is stated that he will
coufor with some of tho larger stuck
holders, presumably those iu Phila
delphia who have talked of buy lug
iu the property at tho receiver's sale,
to see if some arrangements can be
made for reorganizing and financing
It Is kuowu that one of Sumpter's
successful operators is uow east work
ing on this deal, and the conference
here today was iu connection with
the work beiug doue Iu that direc
tion. It was evidently decided that
Mr. (iodfrey 'a presence is needed at
the mouey Infested centers east.
Wants Minister of Mines.
A strong movement has been
started io British Columbia to secure
the establishment by tbe federal gov
ernmneut of a department of mines,
with a portfolio to be occupied by a
member of parliament elected from
one of tbe Hritlsh Columbia constit
uencies. Tbe agitation to this end
Is general throughout the province,
and Is just now taking a moro tan
glblo form than at any tlmo iu the
past, when similar elforls have been
more or less spasmodic and certainly
futile. Tho campaign now under
way will be presented practically to
every community ill the entlro prov
ince and tho united voice of tho
people is thought to bo certain of
practical recognition. The situation
Is well summed iu a resolution just
adopted by tho Itosslaud Liberal as
sociation, reading as follews: "In
addition to home consumption anil to
partially manufactured products ex
ported, such us coke, pig iron, etc,
tho exports from the mines of Canada
in l'.)U:i wore 81,000,000, were con
trlbutod by the mines of Hritlsh
Columbia and Yukon territory."
Stinsou and returned from Maker yes
WILL GO EAST ON
MOTION FOR NEW
Motion for a new trial iu the
lohus-Htinsnu litigation concerning
the (iary's Peak mining property,
was argued before Judge Kakiu Kat
un! ay and denied. Judgments have
These include ono in favor of A.
J. Stinsou for tho placer claim and
all tho Improvements thereon, and
the other In favor of Cato Johns for
the two quartz claims iu desputu and
all improvements (hereon also. It is
understood Htinson will appeal from
tbe decision. Tbe court held that
tbe services of the man employed as
watchman by Johns could be counted
as assessment work on tbe property.
Mayor McCollocb appeared for
T. V. Davidson will have tomorrow
for Chicago and Milwaukee on busi
ness connected with thu Morning
mine, to be gone several weeks.
The special object of Mr. Davl I
sou's visit at this time Ih to raise
funds to pay off the ludohtodnoxrt
now hanging over (his pioperty.
A Business Prooosilion.
If you are going east a careful se
lection of your route Is essential to
the enjoyment of your trip, if It la
a business trip tlmo is (ho main con
sideration; if a pleasure trip, scen
ery and the conveniences and com
forts of a modern railroad. Why
not combine all by using the Illinois
Central, the up-to-date road, run
ning two trains dally from St.
Paul ami Minneapolis, and from
Omaha tu Chicago. Free reclining
chair cars, the famous Hutfct-Llhrury-Smoking
cars, all trains vestlhulod.
In short thoroughly modern through
out. All tickets reading via tho
Illinois Central will be honored on
these trains and no extra fare
charged. Our rates are the sumo ut
those of inferior roads why not get
your money's worth? Write for
U. II. TKUMHULL, Commercial
Ageut, Portland, Oregon.
J. C. LINDSEV, T. F. & P. A.,
PAUL H. THOMPSON, F. it P"
A., Seattle, Washington.