Wednesday, March 30, 1904
THE SUMPTER MINER
The Storm King Mines
Facts Facts
Why Mining is the Best Investment of Modern Times
How can the Banker guarantee you It or H,'j 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 less than 10 per cent
interest ou Your Money in order to bo assured n Margin of profit?
Business statistics of the entire world conclusively prove this fact,
That Your Money in the hands of u Banker, is being placed in tlrst class
mining stock, as it is conceded by financiers that mining stock is a legiti
mate company is now one of the First-Class securities of the day.
There is a method in the Banker' way of doing business. Look
at the many thousnnds of dividend-paying mines; they wore at ono time
mere protects, some of them of uncertain future proserlty, yet perse
vcrance. coupled with an economical use of the stockholders' money,
brought their Golden Treasures to the light of day, to be distributed in
dividends to the patient shareholders.
Tim production of Gold is now the highest ever reached.
In 1102 the production of Gould umouuted to fLWI.OOO.OOO, and in
1D03 the production amounted to f:MO,000,000.
Ami it is contldently computed by experts that the production will
reach the enormous sum of fltTiO.OOO.OtiO during tint present year UK) I.
The above llguro are the Pacta that determine the Banker in
placing Your Money where lie will draw from -5 to 1,000 per cent while
You are drawing your begrudged $., per cent on the same money.
Now do you still wonder why Bankers are so wealthy, while your
nose is eyer on the grindstone?
Friend, shake off your old Fogy ideas. Mining is as safe as bank
ing; if it were not, Bankers would not invest Your Money in mining
stock.
Yon 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? ,
Wo ask you to thoroughly investigate the Storm Kins Kr(,,,P '
mines, owned by the Forest Mining Company. Send your own ex
pert, and If wo cannot substantiate each and every statement, we will
cheerfully pay all of his expenses.
Hear in mind, th-i'o of the most widely known Mining Engineers
and Mineralogists have examined the Storm King Mines, and their
opinions and reMirtH will lie mailed to you upon 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
COMPRESSOR FOR
THE MIDWAY MINE
South Dakota Director Visits
Property And is Well
Pleased.
net was duo to the clforta of n
lobby composed mainly of holders of
land bought iti large tracts from the
railroad companies, with the desire
thereby to increase tho demand for
their properly. Senator Dubois in
tlnmtodjtlie pressure for the repeal
was due to tho largo holdings of
j forest lieu lands by railroads.
GENERAL WARREN
ON SUMPTER CAMP
L. Van Ilecke, of Sluox Falls,
SouthDakota. director in the Midway
company, spent yesterday ut the
initio with Al Uelser. Hn Is more
than pleased tho way things are going
there, and expects soon to see the
Midway among the list of Cracker
Creek producers.
Tho company Is steadily operating
and adding improvements as work
progresses. The next addition cont
emplated is a tine drill compressor,
which will go in us soon as tho snow
leaves. Sinking will bo continued to
tho next two levels. There are cross
cuts now at. the sixty and 1G0, and it
is the purpose to go 200 and .100
beforo crosscut ting again. Mr. Van
llecke expresses himself as well
please with the way thiugs are going
at the property. He left this after
noon for Portland, to spend a few
days wibt Hary ilendryx, who la now
there ou business, and will then
e rturn east.
Senators Sw&q Land Laws.
Senator Hansbrough charged Id the
senate yesterday that the movement
to secure the repeal of the desert
land law, timber and stone law and
commutation clause of the homestead
WORK Al 60LD HILL
AND RAVEN PLACER.
Colonel James A. Panting, of
Baker City, prominent in mining
circles, is in town today. Colonel
Panting Is general manager of the
Hold Hill quartz prupory and tho
Haven placers operating in the Iiurnt
river couury. and formerly owner of
the Virginia, In the (Jreenhorns.
The placers. Colonel Panting says,
aro now In opreatiou aud work at the
(Jold Hill is to lie resumed the
coming sasou. At present the ranches
adjoining the property aud owned by
the company are being fixed up for
spring and summer work.
Has Never Been "Turned
Down" By Any Mining
Engineer Who Has
Examined It.
MR. BARNARD WILL LEAVE
f OR ALASKA APRIL I.
C. II. Uaruard has resigned the
place of chief engineer at the Mid
way and will leave about the llrst of
the mouth for Alaska. Mr. Bernard
will go to Resurrection Hay, the ter
minus of the Alaska Central railroad,
where he will bave charge of a saw
mill for this company. He has been
In the Sumpter district for the last
six years.
Mr. Bernard has been succeeded at
the Midway by Frank Johnson, of
Bourne.
The following is published in 11
Newi'ork paper, credited to (Seueral
C. S. Warren:
If, out of all that ha ever been
writteu about Sumpter, you take one
half, if you simmer tho remainder
uiitil only the main unpolished facts
remain, the residuum will still be
one of tho most remarkable tales
known In mining literature. It will
be a tale of unrivalled rlclincm, nf
rapid development, of a future so
brilliant as to be past tho pale of co
herent description. Into the Sum
pter district, withiu thopast twelve
mouths, has come capital from the
four comers of the earth.
Mining capital la always conserva
tive. It la slow to go iu for pros
pects. But when a field is presented
for safe and sure Investment, it is
first on the ground. The Supmter
district, by virtue ot its record as a
dividend-paying camp and by virtue
of its established reputation for per
manence of auriferous deposits, which
Ifeiures Its future as a gold producer,
presents today the most certain field
for Investment in the West.
Sliico the spring or 11100 it is mfo
to assert that into the camp have
come a hundred mining experts, who
have oxiiliuiit'd tho district from tho
standpoint of conservatism. Not
one of these ox purls haeve gone away
without recommending the district
favorably to their principals, and tint,
one of them bus pronounced adverse
ly upon tho district as a gold country
of richness, accessibility mid permit
neuce. The district presents this peculiar
distinction above all the Meslern mill
iug camps of later days that while
most of them, by reason of their geo
logical formations, are either 'poor
men's diggings' or are only possible
of development by capital, Huinpter
is both. Not only ant milling opera
tions In this district confined to
quart?, ledges, but the immense filacer
Melds of tho camp also are assuming
a high place.
THINGS GOING AS
USUAL Al THE 6ADGER
Superintendent Kennedy, of the
lladger mine, near Susauville, re
turned to the property this morning,
after a business visit hereof two days.
Mr. Kennedy saya that things at
the Badger are as usual. Shipping in
steadily prooeedlng, aud the ccnoeti-.
trator is Iu full operation. The ma
chinery is driven' by both water and
steam power, but recently the water
had to be cut out on account of freez
ing, Mr. Kennedy says, aud steam Iu
now being used exclusively uutil u
thaw comes.
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