Wednesday, April 13, 1904 THh bUMPTER MINhR NEW SCHEME OF CUT-THROATERS Advance Money in Stocks Pound Down The Price And Foreclose. Tlio wonderful expansion of tlio mining liusiuess id t'ju past few years nud tbp interest that the public has shown in milking iurestmeuta in mln I uk stocks, litis brought to the front a class of "llimnclers" who for ways that are dark and tricks that tiro keen, are giving tho heathen Chinese points and making the astute Jap feel like a relio of a past nge. Tbe last trick of tho cut rate broker is to advance money on stock certificates, and the contract he re quires a customer to slgu is a work of art that would puzzle 11 Philadelphia lawyei. About every possible con tingency appears to bo covered to tho Advantage of the broker, and tho owner of tho stock buys u veritable gold brick when he obtains a loan on his stock certificates. Tlio cut-rate broker, while exact ing a liberal rate of interest for the loan, also expects to iniiko money through various means at the expense of tho borrower. A favorite method which these gcutry uso Is to nuiko a concerted drive at a particular stock at 11 particular time, in order to make a quotation which will enable tho broker to call on his customer fur more security, and in default of tho customer putting up a satisfactory security under the wording of the prommiesory unto glvou at tho tlnio tho loan is mailo, the broker is at liberty to sell the stock. Of course 11 bona lldu salo Is very rarely cvor made. The broker simply notifies his customer that the stock has been sold, im.l frequently nntllles the cosutomi'i' that tbeie is a l.itlauc" ilue tbe broker, on account tit the stock not having brought tho amount of tho loan; but tho broker gets the stock every time. Most of theco notes are made pay able at from four to nine mouths and during that time it is not a dllllcult matter for tho broker, in collusion with some friends of his on the Min ing Exchange, to engineer a quotation which will wlpu nut tho customer's margin. Any one who will tako the tum ble to look at tlio quotations of min ing stocks of the so-called Mining Kxehiinge when It started business and at the picseut time, can see that most stocks are belling now at very much less thiiu when tho Kxehiwgo starti'd business. Tho cut rate bmkers commenced to loan money ou stock certificates just about tho time that the Kxclmugo started in busiuess, and a great many people regard it as a curious coinci dence. The fact remains that prices of stocks have had a steady decline with very few exceptions, and we venture to say that when brokers have secured a pretty good supply of stock certificates from customers who have borrowed money, somebody will have to pay for higher quotation on stocks. It is rather unfortunate for the cut-rate brokers that quite a number of tbe members of tbe Mining Ex change are gentlemen wltb records, such m are not conducive to estab lishing a good line of credit in any business, and a great many people go so far as to say that it Is not 11 qucs tiou of a very long time, but merely of 11 few weeks, when the Alining Kx cbaugo will go out of business for lack of funds to pay expellees. Mining fakirs, by limiting worthless compaues, have wuiked injuiy to many people and have nilsed n preju dice agauist mining which has been overcome only by tbe splendid show ing of well managed companies and the greater enlightenment of invest ors. Hut the cut nite broker Is work ing directly against tho interests of every investor and every mining com puny. They work on tho fears of stock holders, and by 11 system of false Inference depreciate the price of good mining stocks. A company may be selling stock at 82 per share and pay ing dividends on that price. One of these pirates will advertise the stock at 81. 'J5 or even 61. They have no Intention of delivering the stock at the price quoted, and are simply advertising the stock at that prico In order to get in touch with the holder of a good stock. That quotation fixes a price and should the owner of the stock desire to sell, that price is poluted to as llxlug the market, even though tbe stock Is really Aorth much more. Stockholders are thus robbed of fifty per cent of tho value of their holdings, and this is only ono form of their piracy. New York Iliiukcr. Carbonate Ore. "Carbonate ore" Is n term em ployed usually to denote "lead cm bouatc," although there are uumoi ous other curbonute ores, such as malachite (green coppei cai donate), smithsonltn (zinc eurtionuto). This latter Is often called "dry bono" by tho miners. Theio is no carbonate of sliver in nature. "Slderito" Is carbonate of Iron. Tho naiuo "car bonate" becanm popular upon the discovery of tho large lead carbouiili) deposits at Leadvillo, Colorado. In that dlhtilct, tho teverul ones weio culled carbuiiato, sand carbonate and bind cut donate, also llvei-eoloied rock, tho later a duik-cnlotctl iron oxide, usually siliceous, with patches and streaks of lead curlionate and often cnusldoiablo visible bom silver (silver cohlor'de). Tho common carbonate was .a Dim, though not hard me, consisting laigoly of graylsn lead carbonate, often stained in spots by red and brown Iron oxides. Hand curbonute contained a largo percent age of lead cotuboiiate, which was found In tho form of Innso grains, like Mind. Often tills oie.whou broken Into, would cause "niim" ol ore, sometimes dllllcult to timber. The haul carbotiate was lend caibniialo mixed with silica and brown iron tun (limnnito.) Mining and Kcleutlilu Press. Drawback to Chlorination. Thograet drawback to chlorination Is that it necessitates a complete ami thorough roasting of tho ores; con sequently, it is both dllllcult nud ex pensive to operate. While chlorina tion extracts a good percentage of tbe precious metal out of particular ores found iu certain localities, If there should be over a certain percentage of silver iu such ore, tbe silver must be first extrac ted by tbe leeching process, wbicb greatly adds to tbe expense. Great care must be taken in chlo rination tbat tbe ore contain no me tallic iron, undecomposed sulpbu rets, arsenlous acid, antimony, sul phide of iron, uor any tnetallaic oxide soluble In water. Pacitlo Miner. KEMPF'S RICH GOLD DISCOVERY "I Am The Boy That Has Struck The Richest Thing in Oregon." He Affirms. The Miner Is in receipt of a letter from L. V. Kenipf. that contains some Interesting information. Ho, however, has mixed up Tho Miner with some less reliable paper, foi it has never published a stoiy regarding the Hud to which he refers. lie says: "1 understand, as 1 have heard, tbat your paper is circulating a re port that a licit strike has been mado by one called Kemp iu the vicinity of Suinptor, or near Austin station. Now, Mr. Editor, 1 did make a rich strike, but it is not iu your neigh borhood. It is ou Little Ilottlder I crock, in-the new Kldorado mining' camp, on what Is culled tho Win-on-sin group, Iu the tJreenliorn country, and is four miles north from tho Thomas ranch, Iu township 10 S. ranges III) and III K. "1 don't want tho people misled. 1 want, it given nut just whole this property is, Vnur 'people have bad your day; ours Is coming, and thero will bo red lint times here before long. My friend Sam Stott gave you tho wrong information Iu regard to our locality. 1 think, "I can tell you, Mr. Minor mini, as soon iih hoiiio of our old time pros pectors come hero ami sen foi them selves, tho loport will go like wild lire, mill unity outside of Oregon, too. Their wortl will go a gieat ileal farther than newspaper talk. All 1 ask is justice; honor lo whom honor' Is duo. I'm tho boy that has shuck, the best thing in Oicgon. and I know ! what I am saying. I have got tho, goods hero to prove it." NORTH POLE HAS LOTS OF ORt BLOCKED OUT AHEAD Tho North Pole, It is understood, let out foiiiteou men this iiioiullig. Tho only significance attached to tho liaiiriictiou Is that tlio company has 010 blocked out it lung way ahead, and tho services of tho men weio not needed. Thi! moil weio dlrchaigcd, it Is stated, without icfcioncn as to whether they were union or non union. IIMBtR UNO, ACT JUNl S. II7I.-N0TICE fOU PUIUCATION. UnlteJ States LanJ olfice, I La (iranJe, Oregon, March ij, 1004. i Notice Is hereby given that In compliance with Hit provisions of the acl ol congress ot June 1, 1878, en lltleJ "An act for the sale ol limber Ian Js In the states of California, Oregon, NevaJa anJ Washington Ter ritory," as extenJed to all Hit Public LanJ Slates by by act ot August 4, I8y?, THOMAS 0. GWYNNK. ol Sumpter, county ot liaker, state of Oregon, hat this Jay tiled In this ottice lilt tworn statement No. jofco, lor Iht purchase of the W K S W )(. Sec. ti. NWKNWXol Stc. No. 18 In Tp. No. 10 .s. rangt No. )6 iwm, an J will offer proof to show tbal the land sought It more valuable for Its t'mber or ttont than for agricultural purposes, anj lo estab lish hit claim In talj lanJ btfort Charles II. Chanct, U. S. Commissioner, at til. office al Sumpter, Oregon .on ThursJay, iht and day ot Junt, 1004. Hi names at witnesses: Van Rtntsttaer . MeaJ, Ralph MeaJ, Nicholas T. Tallaltro, James W Con nella, all of Sumpter, Oregon. Any and all persons claiming advtrttlv tht above described lands art requested to flit their claims In this office on or btfort said and day ol June, 1904. E. W. Davis, Register. NOTICE. United Statu laPdOfttce. I 1..1 (irande, Oregon, March ioci-I Notice Is hereby given lh.it (Ml. IV'r'n, wbose roMotttce address i William, Arlir.i. be Henry Hewitt. Jr, whose I'oMottiie iJJtess l Taiotri, Wast ItiRtnr. did. on tin: t.l Jav ol arc!', iwi. make application to select, under the Act nt June 4, ifa? In Mat., 6, the tallowing described Incus Tlio S I: ', nt section i and the S 4 ol the N I! and Ints t and a ol section J. Tp. to south, range tin s., in other countv.vjregon Tlut the purpose ot this nntki Is to allow all per ' sons Cl limine the selecied lands under the mining I laws, or deslnng to show II to be tnlnet.tl In charac I tor, an opponunlt to Me objections to such selection ! with the olllcers ol the I'. S land Oil Ice at la . (It.inJe Oregon, within thlitv Javs alter He hrsl Jiy , nt publication heteot, so as to establish their Interest therein or the mineral character thereor. I C. W. DAVIS. Register I'lrst publication J ate J March g, 1004. TIMIiER LAND, ACT JUNl: ), i8jS.-noticb ron ruiiticstioN. Unite J States I anj Office. i La (iranJe, Utegon, .Match a, 1404, 1 Notice Is hereby gUen that In compliance with the provisions ol the ad ol congress of June I, 1878, en title J "An acl lor the tale ot Umber I in Js In the states ot California, Oregon, Nevada an J Washington Ter ritory," as extended to all the Public Land states by actol August 4, i&, WILLIAM A. fiRKLN. of Sumpter, Count) ol llaket, State ot Oregon, hat this day tileJ In this office tils swoin stateirent No j88i. lor the purchase ot the N)i NI.H, NLSf NWJi anj Lot i ot Section No. jo In Township No. it S Range No. 8 ti. W. M., anj will oiler proof lo show that the lanJ sought Is more valuable lor Its timber or stone than for agricultural purposes, anj In establish his claim hi said lanJ before Chas. II. Chance, U. S. Com missioner, at his ottice at Sumpter, Oregon, on ThursJay, Iht loth Jay of May 1004. He names as witnesses: Ralph MeaJ, Van Ren talaer MeaJ. AnJrew J, Denny, anj Stephen Jackson, all nl Sumpter, Oregon. Any anJ all persons claiming ajversely the above describe J lanjs are requesleJ lo tile their claims In this office on or before salJ iglh Jav nt May, 1004. L. W. DAVIS Register. riMllbK .LAND, ACT JUNU 3, 1878 NOTICI: TON PUBLICATION. UnlteJ States UnJ Oftice, I a (iranJe, Oregon, .March a, 11104. I Notice Is hereby gl en ttal In compliance with Hit provisions ot the act nt Congtess ot June 1, 1878, en tlllej "An act lor the sale ot timber lanjs In tht flairs Ul ihimoio.i, wieK"", i.cvnja, anj ..hsiiiuk- tnn Territory," at extended to all the Public Land Stales by act nt August 4, 1801, WALTI.H L. SPARKS, ol Sumpter. couniv ot llaUer, state ot Oregon, hat this Jay MeJ In this ottice hS sworn statement No. jF86 tor the purchase ol the W Jj N I: )(, NW!(S l:KanJNI.!i S W Jf ot section No. i In township No. 10 south, range .No. 18 I w , anJ will oiler prool ti. kl.ntu tl.ai If. I in. I niiiiili! Ik miiiih tnlii.hli. t.ir It. timl er or stone than lor agrlcullui.1l l'ut uses, anj In eslalllsh his tlilm to salJ land lelnre Chatles II, Chance, U, S. loiiimlssloner, at his ottice at Sump ter, Oregon, on T hill sJa) , the i,th J.i) vl ,Mav, 1004. He nimes as witnesses Van Reltnsel'er Alead, Ralli MrnJ, William A. (neeii anJ (.In I Irs I. I crrv, all ol Sum) Irr, Oregon. An 011 J all persons Claiming aJterteli the abnvn JescrlbeJ lands ate re.fueste I lo tile their claims in this ntlne on or leloie salJ i,lh Ja ot .May, 1104. I.. W ) Wis, Register. 1. 11 I-,-. --,. sin " '" TIMIII.R UNI), ACT JUNl: 1, i8i8N.oili.il l oil fl'IILII.UION. UnlteJ States 1 .111 J Olfice, I a firanJe, Oregon, I el mar) v(, lv"4 I Notice Is hertly gUen that in ionillance with Hit pim Islons ol the act ol Congress ot June 1, 1878 en tilled "An act lor the sale ut Umber hnJs In tht States nt Calllninla, Oregon, Nevada and Washing ton Territory," as exIenJeJ to all the Public Land Slates by ad ot August 4, 8. IIIINRV A. CARRIS ot Canyon Cllv Cinitil) nl Crant State ol Oregon, has this Jay lilt J in this ottice his sworn state ment vn ig8, lor the urchise ol the S W !( S 11 M section No. If. M.'f .N'! .111J N'l N i: !, ol sectkn No, 1 Tr- No i south lr. No 17 IWM,anJ will nllrr prool lo show that the lanJ sought Is mote valuable tor Its llmler or stone than lor .igtlciillural putposet, anJ toeslsbllsh his claim to slid landletoie Chas. II. Chance, U S. Coimrlssioner at Ms ottice at Sumpter, Oregon, on Monday, the gtli day ol May, He names as witnesses Van Rensselaer Meal, Ralph MeaJ, ol Sumpter, Oregon; lemuel King, I eiiniel Harnett' ol Audrev, Oregon. Any and all e isuns claiming ajversely the above JescrileJ lands are reuesteJ 10 tile their claims In this otlice on or belore said nil Js ot May, 1904. I: W. DAVIS, Register. TIMBER UNO. ACT JUNE 3. llil.-NOIICl fOU PUBUCATION. United States LanJ Olhce, l.a (iranle, Oregon, I'ebruary ijtli. 1134 ) Notice Is hereby cis en lliat in compliance with tht provisions ol the actol congtess ol June 1, 1878, en titled "An act lor the sale ot timber lands In tht state ol California, Oregon, Nevada and Washington Ter ritory," at estenJed 10 all tht I'utllc Land titles by acl ol August 4, 1841, ARCHIHALD T. VLTIDLR. of Sumpter, county ot liaker, state of Oregon, has this day hied In this oinct hit sworn statement : N tool, lor Hit purchase ot Hit SH Swjf, Ne) Swtf and SeX rM ol section No. jj In township No. ii south, rangt No. it '. and will offer prool to show that tl.t land sought Is mora valuable for Its timber or ttont than lor agricultural purposes, and to establish his claim lo tald land bt fort Chas. II. Chance. U. S. Commissioner, ad Sumpter, Oregon, on Tuesday, tht oth day of Via 'Jmes at wllntsttf. I'eter J. SoarJa, William Ketly. Robtrt Patterson, Robtrt W. Rllty, all of Sumpter, Oregon. Any and all ptrsont claiming advtrttlv Iht abover described lands art rtquttted 10 tilt ihtlr cla nt la III t otfict on or btfort tald tjjh day ol April, ia E. W. DAVIS, Rtfltttr.