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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (May 4, 1904)
THE SUMPTER MINER Wednesday, May 4, 1904 GOLCONDA MILL TO BE EXTENSIVELY IMPROVED Cyanide Plant Large Enough to Handle Entire Tailing Output to Be Added. with 11 pocket of remarkable richness. With ore of such value at such depth 11 h has been attained iu the Ilouauza mine, the stability of eastern Oregou as a gold mining country is proven beyond h doubt. Herald. MONEY RAISED TO PAY OFF MORNING DEBTS it Iiiih been ruinnn-d in mining niiiiliiri fur some time Hint tin' (!nl cuuda Milling plitut would ho closed down May l.tor the iiu kim ot mak ing iixIhiIhIvd improvements, tn en able the company to cllect u better saving of II111 values t li it 11 it Iiiih been 11I1I11 to do lieteliifoin with Hh fiiclll- tlllH. Malinger Unwind was seen today In remind to tint inntter Mid imbed If this ueni true. lie coiillitncil the report ft ml Hinted Hint it Ih the Inten tion lit piescllt to elusii Hie mill oil the Hist, mid Hint unless oiileiH me leceived Iroiu the liontil changing the plnn, IIiIh will be done. Ah ii iiiattei of liiet, ever since Hie mill wiih starlcd by Hid picsent coinpmiy iu July, UMI'J, it Iiiih been known Hint Hill lllHH iU Vltllll'H ill tlU) tllilillgS llllh been veiy luiiivy mid that by making t'eitalii nxpeiiHlve ohitiigcK in the mill mid inlllliu pineliee, this eiiormoiiH loss could be greatly ledlieed. On iircoiiut of tlm unfortunate condition of the company's IIiiiiiicch, however, it Iiiih been impONHible hitherto to uloso Hid mill for the period reiiilied to miiko these luiproveiiiuetH, iih it Iiiih been necessary to meet the niy roll from the proceed of the mill; besides, the company wan not in ,nr deny the report J It is perslse'tutly rumored on the ; streets today that the money for I liquidating the Morning indebtedness 'and prosecuting development work I Iiiih been alsed hy T. W . Davidson, of the Kastern Oregou Development company, and deposited in a New York bank, subject to the company's call. W. K. Davidson, a member of this (Inn, Mas seen in regard to the matter, but refused to either couflrm i lie said that so ' PLEASED WITH THE LUCY the tliiaucliil condition to purchase the uiiichiiiery required, and miike the improreiiieutH needed. Under these conditions. It was deemed mlvlMible, although the much had been published iu regard to the den), and that there were so many who were disposed to knock it, that he declined to make any state ment. 1 1 Ih general attitude, how- ...IIIIim, lyU ,n,mm.l.l l ,. ,,m... ,.u I CVI'r, Wlllllll lead to HlO COIICillsiotl several thousand dolliirH a month, to that there Ih foiindation iu the fact bend eveiy ellui t to prove and develop . fnr uo f'imor. the oie hIiooIh in the mine, and to QI'B " " of promluent mill ascertain bevoiKl the nimiilvciilurc of '" "m: ''"hIum people had heard the doubt the verv bent liiiicticc for the H,"rJ tiriitmuiil of these pioviiiK Hie mill. The coinpmiy now Iiiih limply pinxen the Hid mine to such mi 0 1 IV. beloil) 1 tn - feels that it me shoots lit ' extent iih to Justify the glent e.pi.'UM ilicidelit lo changing Hh milling piuctice, mid , Iiiih deteimliied to do thlH an soon iih ' poi-eible. It It iiudcistnod that j among the utlier lmproemeiitH 11 cyanide plant lingo enough to handle i II111 entire tailings output will be iiihlitlled and a lull set of sllmi) ! tnlili'H put in, but just wlnil Hid I changes iu the mill will be, Mr. Howard did not state. It is believed further that the company Ih iu a poHitiout o entry out the systematic development policy of Mr. Howard. but mi effort to tineu it down to Hh source proved fruitlesH, though those relating the information seemed to think it was authentic. It Ih stati'd that the money was deposited yesterday. The amount Is not known, though It is supplied to he sutllcieut to cover the indebtedness of about 817,1)1)0 against the old company, and eunuch additional to carry on work at the property. It will liu remembered that a sim ilar leport was received some time ego, hut iu HiU Instance Nepple and Hoggs, have the Eastern Oregon Development I company, and balled the matter up. I At least this is the opinion ex- M. P. Keogh, of Miluaukeo, treasurer of the Lucy company, operat ing in the (Jreeuhors, Sam Stott, president, and Morris Sullivan, one of the owners and directors, returned yesterday afternoon from the nil no. They came iu on some business matters connected with the company, and Mr. Keogh may return east, but this has not yet been decided. Development at the pioperty, they say, is goiug ahead iu flue shape. The crosscut has (tone iu some 350 feet, and ia being driven steadily ahead for the O. K. ledge. The Lucy was cut some time ago. Hecently a bin How of water was en countered. This is a good Indication. A drift is helm.' cut around to fur ulsh an outlet for thu water. Mr. Keogh came out from Milwau kee over a mouth ago, and has Imon at the mine ever since. He is well pleased with the property and the progress being made. He has been trying his hand at mucking and piides himself that the epithet "ten derfoot" can no longer with propri ety be applied to him. The dip over In Whitney yesterday was attended with some difllculty. The pmty had to walk 10 Greenhorn mid part of the way to (iclscr, so bud are the roads. Lost Golconda Stock found. F. V. Heudley has Mulshed Imlniic- j ing up thu stuck ImokH of the Ool emma Mluiug company. Jiy some uisitake In the bookkeeping 721 shares of the stock were lost and ot Maker City, claimed to j cm,,) ot )p located, and Mr. llend- secured III! option OVIT, I.,.. was askpil tn Ineiile the sent of trouble. There are 1.200 different accounts in the books, representing 11,700 different certificates of stock, bONANZA ORE RUNS $12,000 TO THE TON Authentic Information comes to the livening lleiald of the discovery lust week of a fabulously rich pocket ol nn in llio llnummi mine. Four cars of me weie hoisted lioin the Hhart and yilcdel if HI. ODD on tlm plates of one stamp battery. The Hem Id Ih not at Illicit)- to divulge the source of Hh Information, but Hut authority cannot be' Impugned. Thiily stainpH me dropping stcadily nt thu Itolinliii. Last week an upialso from the 1,'JdlMothe 1,100-foot level was completed and sloping begun iu ii twelve loot body of milling oie. A streak was marvelously ilch mid four cms, or a total ol about lle tons, weiu Milted mid sent under live damps, yielding amalgam woith Sill, O00. Can nsMiys of some of the ore not included In this assortment fliowcil a value of Id cents per pound. The extent of the rich pocket Is not knuwu, us it sorted record was kept only of four cam. The ilouauza lit perhaps the big Kent mine iu the Western States of America. It has made out or two millionaires. It was sold by oue of the (lelser family, about seven year ago, to Pittsburg stockholders in the Sfaudanl Oil company for half a milluu dollars. For two yearn succeeding the transfer forty stamps were kept busy night mid day and the average uioiihtly output of the prop erty wiih close to ? 10,000 iu gold bullion. A doen or so years ago the lloumi7ii mine went begging at 8:150. The (ieiser family took the property and equipped It with a stamp mill. Its operation for a lung I presseu. Aiiyway, l lie money nut uoi ,, t a necessary to check ovortho materialize. The Development people, whole lot in order to Hud the trouble, however, have clearly shown thatiW,lch simmered to seven slight their option does not expire until May crror8 iu addition and posting. It 10, ami If the present report is cor-; required several days for Mr. Hendloy rect, there call be little question as to , to do the work. Pendlctou Kast Ore- who will handle the property. Drifts Converging. , report from the Standard, period was uot profitable. At a time I QHHrtxl-ur district, to Ceueral when thetielsers were head ovei heels manager .iuener siaics una me ore, iu debt, a shoot of ore was uncovered , ,,0,h l t b itiMln and porphyry drifts, Horn which the stamps vi iking, Ih loukliiK decidedly better, mid that thirty days pounded out 82:1,000. 1 " l,,,t,llH "ru " greater megui The discovery of this ore body ' 1",,e- Tltwe drifts appear at this ictisllcdlu the sale of the mine to the,,,,,, ,0 ,10 'UK. 1 HI Standard OH company tor the price I ",ru '"voruhle reports may be ex above given. I'. I'. Hayes, or lMtls-' I''tcd. burg, held control of the mine audi mau.igemeut tremendous dividends went paid. Development work was uot kept up, lumever.iin Iu a short time the mill was forced to shut own, pending the opening of ' new ore bodies. It was while development along this line was iu progress, that Hayes disposed of Ids controlling iuterest to a rival faction, for a sum iu cash said to have been a million dollars, W, II, Thatcher, the present general manager, was placed iu charge of the mine. A deep sinking plant, equal to any hi the West, was Installed. The forty-stamp mill was overhauled aud a shaft wus started to tap the veiu system at a depth of 1,000 to 1,500 feet. At the 800-foot level a crosscut from the shaft opened up a flue body of high grade ore aud the mine waa astured of a brilliant future. And now the 1,'J00 bas proveu its richness goniiiu. Moving of Machinery Delayed. Fred Dains, of lluker City, sou of Manager Dains, of the liolcher, was on the Ilaker train this afternoon returning from thu property. He says it wll he some time yet before the roads are In condition to allow the trausferreuce of the machinery tor the twenty stamp mill from Whitney. In the meant line develop ment work is going steadily ahead. WORTH READING YOU CAN MAKE MONEY IF YOU BUY THESE STOCKS VALLEY QUEEN PRICE 9 CENTS Capital $250,000. Th Coming Great Mine of the Cable Cove District. Recent big ttrikes how values of over $181 per too. A sure Producer. An investment In Vallcv Queen will many times double your moacy. jt jt j j BUCK. HORN-PRICE 10 CENTS Capital $500,000. Will be a Greater Blue Bird. It has the ore bodies of this famous property. Aa investment in Buck Horn is like finding money jt jt Jt j j j Jt rite today for Prospectus and full Information. Men tion No. 40 and we will mall you free six months Ike NORTH AMERICAN, MINER WHEELER & CO. laikirt 92 IMIIWAY, N. Y.