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Wednesday, March Xh 1904
THE SUMPTER MINER
The Storm King Mines
Facts Facts
Why Mining is the Best Investment of Modern Times
V
IT
How can the Banker guarantee you 8 or 3j per cent interest on
your money? Does it not become apparent to you that ho must invest
your Money in an enterprise that will pay him not lew than 10 per cent
interest ou Your Money in order to be assured a Margin of profit?
Business statistics of the entire world conclusively prove this fart,
That Your Money in the hands of a Banker, is being placed in first class
mining stock, ub it is conceded by financiers that mining stock is a leitl
mate company is now one of the Flrat-Clasa securities of the day.
There is a method in the Banker's way of doing business. I-ook
nt tlie many thousands of dividend-paying mines; they were at one time
mere prospects, some of them of uncertain future proscrity, yet perse
verance, couplet with an economical life of the stockholders' money,
brought their Golden Treasure to the light of day, to be distributed in
dividends to the patient shareholders.
The production of Gold is now the highest ever reached.
In 1002 the production of Gould amounted to (21X1,000,000, and in
11)03 the production amounted to 1310,000,000.
And it Ih confidently computed by experts that the production will
reach the enormous sum of f'150,000,000 during the present year 1IHH.
The above figure aro t bo Facta that determine the Banker in
placing Your Money where ho will draw from '-'ft to 1,000 per cent while
You are drawing your begrudged 3 per cent on the same money.
Now do you still wonder why Bankers are so wealthy, while your
nose is oyer on the grindstone?
Friend, shake off your old Fogy ideas. Mining is as sate as bank
ing; if it were not, Bankers would not invest Your Money in mining
stock.
You have as 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 nsk you to thoroughly investigate the Storm King group of
mines, owned by the Forest Mining Company. Mend your own ex
pert, and if we cannot substantiate each and every statement, we will
cheerfully pay all of his expenses.
Hear in mind, th-ee of the most widely known Mining Engineers
and Mineralogists have examined the Storm King Mines, and their
opinions and reports will be mailed to you umn receipt of name and
address.
Forest Mining Company
Lock Box 108, Rooms 5 and 7, Bank of Sumpter, Sumpter Oregon
REFERENCES BANKS AND BUSINESS HOUSES REFERENCES
100-TON SMELTER
FOR JOSEPHINE
Colorado People Back of
The Enterprise And Will
Begin Work Soon.
A special from Colorado Springs,
dated the 11th instant, to tho
Deliver Dally Miuiug Record, says:
Messrs. Tutt, Penrose and MucXoill,
whoso operations in Colorado liuvo
given tho stale tho United States
Reduction X Refining company, tho
success of which whs followed last
year by their udvout into Utah, in
connection with the Utah Copper
company and tho erection of a 81100,
000 mill, only recontly started in
Oiughiun canyon, aro now giving at
tention to an important smelter
proposition in Jnsepbiuo county,
Oregon.
Activity in thn later stato bus al
ready begun and within n few
months it is expected Urn projectors
will have their new plant in opera
tion. The gentlemen named consti
tute tho management of tho Colorado,
Utah and Oregon ventures, but tho
various enterprises aro being con
ducted by distinct corporations.
The Takilma Smelting company,
receently incorporated undor tho
laws of Colorado, to do business In
Josephine county, Oregon, has closed
contracts with II. C Holtboff, of
the Power & Mining Machinery com
pany, for u plant to be delivered on
board the oars not later than May 1.
The company's (smelter will bo
erected at Takilma, Oregon, a small
own situated forty, five miles south
west from Grunt's Pass, tho uoarest
railway station and llfty-flvo miles
from Crescent City, where there Is u
Hue harbor mid a soml-weekly steamer
service
Too smelter will bavo a rapacity of
over 10U tons dally, and will do u
general custom business, but will be
erected principally to handle the
copper and gold ores of tho Waldo
Smelting & Mining company. Charles
L. Tutt is presidout of the Waldo
company, and also of the Takilma
Smelting company. Tho long dis
tance from transportation of the
millet in tho Waldo district has made
it imporatlvo that u smelter should
afford n market for tho gold and
copper ores of tho district,
Albort I. Cioodoll, who has been
operating large smelters in Drltish
Columbia, has acaopted the position
of genera! manager. Tho Takilma
Smelting company Is In no way con
ueutod with tho United States
Reduction & Rolliiiug company.
WATER WORKS SYSTEM
PLANNED FOR GREENHORN
Made first Homestead filing
Daniel Freeman, who miidn the
llrst eurty under tho homestead laud
law lo still allvo unci residing on tho
land, for which ho rocoivnd a patent
under his entry. Mr. Freeman was a
soldier in tho volunteer seivlce of
the United States and stationed ueur
llrownsvllle, siuco changed to
Heat rice, Nebraska, whore was lo
cated a United States laud office, at
jvhinh place he made his entry a little
past midnight on the morning of
Jauuiry 1, 1803. ills patent Has
issued to him on the first day of
September, 1809, and bears the
signature of President (Jrant. Exchange.
Ueorgo A. Carter, assayorat (ireeu-
lioiu City, and in charge of tho
.cyanide plant lit tho 1. X. L. mine,
is in tho city. He reports that the
J city of Greenhorn has perfected plans
1 for a water works system anil in a
short time tho people of that thriving
miuiug town will ho provided with
a water system that will furnish
plenty of good drinking water and
tiro protection.
Tho mines of the (Jiccuhornciimp mix
in a very prosperous condition and
Mr. Carter says that tho coming
season will too a largo amount of
development work done oti all (he
dlfferoiit ptopertius. The l.X .L.
mill is mulling and in tho spring it
Is the plau of the company to In
crease tho capacity of the plant.
Tho owners of theWoiley expect to,
start up In tho near futourn and it Ih
understood that the Tempest will
begin actlvn work ugiiln before long.
The New Vnrk Ih making u gooil
showing and tho Helcher will voiiu
begin iiiHtalliug its new mill, which is
already on the ground. The Virginia
will start work on tho 10th of April
"I believo that the (Irnonhnru
camp will miikn one of tho greatest
mining riiiupH in Oregon or the
Northwest, and rapid progress In de
velopment will he made during the
sesaou of 1004." Democrat.
The llrst successful plant for tho
HcRHUMorlzing of copper matte wan
limit in J,yoiiH. France, In 1HH1, liy
Pierre Maiihes. TIiIh process wiih
adopted shortly afterward at tho
Parrot mine, Montana, whom it wiih
greatly Impioved over the French
practice, and from that time Its gen
eral adaption for the convulsion of
I matto into blister copper may hit
said to date. Tho process, as now in
general use, consists of burning out
tho sulphur and allied Impurities in
the ooiiverteiH, some of which are of
very great capacity, having been
built as largo as eighteen tons. TIiIh
process Ih completed in one heat, and
tho sulphur In the matte is made to
work out its own distinction under
the Influence of the blind. Tho pro
cess is an economical one, hut should
he followed liy electrolytic rellnlllK
to give a pure copper of high conduct
tlvity and iiImi to hivo the preoioiiH
uietalH usually contained In Idistor
copper. Paclllc. Count Miner.
Bcssemerilng Copper Ore.
The process of conversion first ap
plied to steelmaklng by Bessemer,
and now In geueral use in the
manufacture of steel, was eventually
applied to copper smeltlug, after no
little unsuccessful experimenting.
Placer Mining In Oregon.
Placer miuiug and tho ipicst of
vlrulu gold has been the thing, (ho
vital thing, among tho majority of
gold diggers in southern Oiegon
during thn past six weeks. Not siuco
tho old days, the golden days, hatt
this pursuit been ho profitably fol
lowed. Jit is the result of the unabated
heavy rains, making water, water
everywhere. High benches, dry
gulches, old uhaunels, all are being;
worked by giant, sluice, "torn" anil
rocker. Old miners declare thero
will be more virlgn gold taken out
of southern Oregou this ueasou than
for any five In the past. And tbo
old timers ought to know. Minium
World.