Wednesday, April ij, 1904
THE SUMPTER MINER
The Storm King Mines
Facts Facts
Why Mining is the Best Investment of Modern Times
L
Rf.
How can the Banker guarantee yon .'i or 'Ai per cent interest on
your money? Does it not become apparent to you that lie must invest
your Money in an enterprise that will pay him not lees than 10 per cent
interest on Your Money in order to he assured a 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 first class
mining stock, as it is conceded by financiers that mining stock is a legltl
mate company is now one of the First-Class securities of the day.
There is a method in the Banker's way of doing business. IHik
nt the many thousands of dividend-paying mines; they were at one time
mere pi m poets, some of them of uncertain future prosjwrity, yet perse
verance, coupled with an economical use of tlie 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 1W02 the production of Gould umounted to $29(1,000,000, and in
1(K)3 the production amounted to 1310,000,000.
And it is confidently computed by experts that the production will
reach the enormous sum of :V0,000,000 during the present year 11)04.
The above figure are the Pacts that determine the Banker in
placing Your Money where he will draw from -5 to 1,000 per cent while
You are drawing your begrudged 3)tf per cent on the twine money.
Now do you still wonder why Bankers are so wealthy, while your
nose is eyer on the grindstone?
Friend, shake off your old Pogy ideas. Mining is as safe as bank'
iug; 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 wlll'brlng 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 we cannot substantiate each and every statement, we will
cheerfully pay all of his expenses.
Hear in mind, Ih'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 upon receipt of name and
address.
Forest Mining Company
Lock Box J 08, Rooms 5 and 7, Bank of Sumpter, Sumpter Oregon
REFERENCES BANKS AND BUSINESS HOUSES REFERENCES
PROGRESS MADE
IN RECLAMATION.
The following press bulletin, issu
ed by the Geological Survey, with
Ipslriiiitiotis that it be released today,
Is of local interest hecnuso of the
(pirlt of extremn caution which It
manifests. Irrigation sohomos are not
going to be rushed through carelessly.
The dlcttlnlty of beginnings Is em
bodied in the sayings of many na
tions. Had all the first tentative
plans for the redemption of the gieat
American desert been perfect, It
would have been , the llrst case
on record of n public polloy born
full-grown, like the Goddess of Wis
dom f i oin the brow of the Omnipo
tent. Ou the contrary, careful recon
naissance work has shown the offi
cials of the United States Geological
Survey, to whom the direction of the
reclamation work has been en
trusted, that of the great irrigation
projects first proposed some are good
some are doubtless Impracticable,
and others have enough bad points
to balance the good ones. Mean
while, patient study of the engineer
ing difficulties connected with these
irrigation problems bas continued,
and the result Is that new projects of
great merit have developed Id unex
pected quarters. These are now under
careful consideration.'
The Irrigation projects favorably
reported at tba beginning of 1003
inolnded those on the Truckee river
in Nevada, on tba Bait river in Arl-
zona, on Milk river iu Montana, on
Sweetwater river1, in Wyomiug, mid
ou Gunnison river iu Colotiido. The
Nevada and Arizona projects have
beon found feasible and construction
on the engineering works along tint
Truckee and Salt rlveis has progressed
to u reusouablu extent. The Montana
project has. however, presented un
expected engineering dlllluultles as
well as complications regarding water
rights, so that progress is stow. It
has been found necessary to modify
the first plans In order to achieve
' results. The Wyomiug project as
first outlined has been found Imprac
ticable. A better rcsorvolr site than
that on tho Sweetwater river, has,
however, been discovered, on the
North Platte, so that a larger scheme
of development may bo worked out
in (he future. Very great engineer
iug difficulties are encountered iu tho
accomplishment of the Colorado pro
ject. The amount of arid laud thereby
tecluimable is less, too, than was
anticipated.
' In view of the possibility ot human
error, and the importance of works
I destlnid to last for centuries, the
, officials of the Survey feel that it is
I necessary to proceed with great can
'tloii and conservatism. Any large
j irrigation work may require years of
patient toil, even after the contracts
are let. Only a certalu number of
1 men can work simultaneously at the
head of a tuiioel; only when the
water is low can the foundations of
a Jam lie laid. No matter how large
I the sum of money available for the
work, tba rate of Its progress is Hxed
to aoertain extent by physical condi
tions, which it is Impossible or un
wise to disregard. "Festlna lente"
Is a piece of wise advice as well com
mended to tbe builder of an American
dam as to tbe maker of a Roman road.
EXTENSION OF BAKER
RESERVE RECOMMENDED
In his correspondence with the
Interior department relative to the
appointment of n ranger for tho
linker (Jlty watorHhcd reserve, Koiost
Reserve Superintendent I). II. Shel
ter, has incidentally tecouimeiided to
Korest Chief I'lnohot the setting
aside of a Sumpter watershed reserve,
as asked for by the city council some
two yeatH ago.
Mr. Sholler. however, does not re
commend it separate reserve, but ex
tension of the Maker City reserve, al
ready allowed. He thinks this will
be the more expeditious method iu
gaining tho ends desired. This
would only require a proclamation
extending the limits of tho linker
City reserve, without going through
the formality of creating a new re
serve. This, Mr. Sholler says, will
accomplish tho ends desired and will
save time. He called Mr. Plnohot's
attention to tbe matter am! strongly
recommended this courso of pro
cedure. While he is not in position
to say what actlou will be taken, he
thinks certainly the importance of
the situation will bring about speedy
results.
In the eveut of tbe extension of
tbe Haker City wateished reserve so
as to luulude tbe Sumpter watershed,
It is probable, Mr, Sbeller says, that
one forest reserve supervisor will
have the oversight of tbe entire
boundary, with as many assistants as
tbe present appropriation for this
purpose will permit. It ftlll be a
big territory and will require tbe ser
vices of more tban one man. It is
tbe dutyof tbe supervisor, or ranger.
to attend to the matter of keeping
stock olf the reserve, ns prescribed,
and sen that no tlmlier In cut except
iu such cases where It is needed by
minors or prospectois, iih provided by
law. However, Mr. Shelter him ru
commended the ranging of cuttle,
but not slieep, ou the linker reserve
during the piesent. Heasou, pudding
the supervisor'! report. If iu tho
opinion of tho supervisor the cuttle
In anyway cause Hie pollution of the
water, this ieclslon will be revoked.
Slieep will be strictly prohibited
from the range.
Mr. Shelter bus rooommmoudod
the appointment of S. S. Terrill, of
Sumpter, as i anger for the linker
reserve. The recommendation wna
sent by mail, but delayed iu transit,
and the department wired asking IiIh
action iu the mailer. He then wired
his recommendation and expected to
learn the appointment today, but
nothing had been received up to
press time this afternoon.
TELLURIDE AND
ALL KINDS OF ORE
Ij, W. Keiiipf, who hiiM hit n
bonanza over against the Thomas
rHtich. which bids fair to send all
other mining camps into the twi
light of oblivion, has sent a line of
samples from his New Kl Dorado to
Dr. Mueller, of tbe smelter, to get hia
opinion ou the smelting prnpertie
of tbe ore.
Mr. Keinpf tabled tbe ores gen
erally telluride, carrying sylvaiilte
tellurium, -galena sulphides and
other minerals. Tbe ore looks mighty
good and may be it does carry all this
truck. Mr. Kempt says' his new camp
will knock the spots out of Sumpter
Iu a short time.
"