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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (May 4, 1904)
Wednesday, May 4. 1904 THE SUMPTER MINER The Storm King Mines Facts Facts Why Mining is the Best Investment of Modern Times How ran the Banker guarantee, you II or '.'i per cent intere-t n your money? Does it not hcconiu apparent to you that ho tntiHt invest your Money in an enterprise that will my him not lcs than 10 per cent Interest ou Your Money in order to ltt assured a Margin of profit '.' Musinos statistic of t lit) entire world conclusively prove thi" fart, That Your Money in the hands of a Banker, is heing placed in llrst chi" mining stock, as it is conceded hy tlnaucicrs that mining stock Is u N,iiti tnatu company ta now onu of the First-Claac securities of (lit) day. There is a method in the Banker's way of doing huiucss. Look at the many thousands of dividend-paying minus; they were at onu time, mere propcets, some of them of uncurtain futures pro"H'rity, yet per-e-verani'u. coupled witli an economical use of the stockholder"' money, drought their Golden Treasures to the light of day, to lie distrihuted in dividends to the patient shareholders. Ties production of Gold is now the highest ever reitehed. In )!K)L tliii production of Gould amounted to tLW.OOO.OOO, and in l!0.l the production amounted to $:tl0,000,000. And it is confidently computed liy experts that the production will reach the enormous sum of f&'iO.OOtMX 0 during the present year ItHM. The ahove tluuni me the Facts thut determine the Banker in placing Your Money where lie will draw fro'm -." to 1,000 per cent while You are drawing your hegrudged II1.., per cent on the suno money. Now do you still wonder why Bankers are so wealthy, while your noc i" eyer on the grindstone? Friend, -hake otf your old Fogy ideas, .Mining is as safe as hank ing: if it were not, Bunkers would nut invest Your Money in minion stock. You have a pood judgment in money matters as the Banker; then why not mm1 your rcii"on, mid phice Your Money where it will hring yon the grcatc-t returns? We ask vou to thoroughly investigate tlie Storm King croup of mint's owned by the Forest Mining Company. Send your own ex pert, mid if we cannot HilMauliatu each and every statement, wo will cheerfully pay all of his expense. Bear in mind, tlreu of the most widely known Mining Engineers and Mineralogists Iiiimi examined thu Storm King Mines, and their opinion" and reports will he mailed to you upon receipt of name and iiildreuo. Forest Mining Company Lock Box J 08 Rooms 5 and 7, Bank of Sumpter, Sumpter Oregon REFERENCES BANKS AND BUSINESS HOUSESREFERENCES LUMBER PLANT AT STICES GULCH The sawmill plant purlieased liy the H. mid 13. of the Oregon and Wis cousin Lumhcr cutiipnny ut Slices gulch arrived hy the .Similiter Valley this morning, mid William Itnhort son, who lias the contract for operat ing the mill for the company, will more the immhiucry to the locution just above tn.vn at unco. The Otcgotiand U'IhcoiihIii company found this, plant too small to incut its requirements and consequently sold it, with a view to Installing a larRor and nioio eoniiilclo mill. The mncliliieiy is now oil the giound mid much of it has huen installed. Dr. I'M YV. Mueller, who ua nut at Stices gulch the other day looking nflei his company's filacer interests, snyH that the new plant is a line one, and that things mo moving in the direction of early operation The dally capacity of the now mill will he In the. neigh borhood of 'J.r),0UU feet. The old mill sold to the K. and H. cut some thus,' lover 10,000 feot. Dr. I'M. Mueller says the St ices (Illicit pincers are working ni v;tit and day shifts. Lots of dilt is being handled mid a long season is expected, with a bin clean up at the end. EVEN THE WOMEN FOLKS "PIPE" OrF PORTLAND A woman who is a practical miner, who owns targe mineral Interests and who trutisauts her own business. MrH. ChralcH I). Andrew, of La Porto, Indiuua expresses wonderment at the apathy existing in I'ottlaud rnlativo to development of the mines of Die gun. Mis Andrew say she found in Chieugn moil) gcoctiil iuteieht In the miiieial lesoutces of thi. st'ite tliaii milium the merchants and otheis lhau mining men uf the Wubfoot metrop olis. Mrs. Andiow hut lately ciimo to I'oitlniid fioin the east, hut will make her hnmo theie. To the Tolo giiiin sho suld; "I heaid nioio inn thieo weeks' trip to Chicago fiom my homo at Lu l'oile. of Oregon's wondeitul mines than I have hi'iiid since 1 came heto. Vnur laisinesH men do not know, and it appeals to mo tin II they did not cine, to know, the mineial pi eduction of the state. I have United hmiio of the niinhm sections of Otegon mid mil astonished at what 1 sen mid leiiiu of the gieat urn deposits of the stale. "Why is it that Oiegoti has not ti linger popiilatlnu than she has? lust cotiimparo this state with Wash ington. Oregon was nilmilteil to the Union iu lHhil and In 1000 is end Itcd with a populiitioii of llll.rillil, while WashitiKtoti was admitted lu 1HK0, ami hud a population in 1!N0 of ri81.10:i, or over 100,000 mine than Oregon, i claim it is to the lack of push aud energy of Portland's hiisluesri men that this state of allairs is due. "The same is true of your milling industry, and is eiiiully upplicahlo . to Washington, which Iiih practi cally no m I lies computed with Oteguii. Vet the United Htutcrf government gives Washington 11 gicuter output than Oregon is cicditcil with. Vour mines have not yet commenced to he voikcd, at least in tho part of the statu I huvo heeu iu. Why, If the holes your people huvo iihaudoiied iu soulhurn Oregon weie lu Colorado, they would he producing mines." MT. RAS1US DISTRICT WILL BOOM THIS YEAR LaM I'm 11 the Demociat piedlcted (hat Mount 1,'iihIus dlstilcl would have 11 hoom thin "pi lug and fiom all iudiciitlous the Demneial's ptnph"oy is to come tine (Jlaim owners who locatitd I11-I fall aud who were iiuahle to do develop ment dm lug he winter, on account of snow and 11 failure to gut iu supplies, are now pei paring to get into tho oiimp. Mull v me theie already and have started work. The Pennsylvania crowd has sent iu supplies and min ers mid active development, wink has begun. Scleral petrous sen lu Ml. I'astits ii'imp 1111 opporuiiitty for Iiiih Iiic-h enterprises aud will get things iu shape at iin-'e. Onu of theie is T. .1. Ilaldtvlu or this city. Mr. Ilaldwlu will engage iu the hotel, lodging house and li quor hiiHiucHs. h hiiilillngH mo already iu ooutsa of coiimIi iic.lion and ho litis forwarded several vagou loads of freight from this city this week. One out fit slarted over the road ycstctdiiy loaded with the salntiu supplies and fixtures. In it te.v days C M. Kellogg, the veteiau stage iiniti, will stock the road trom Baker City tu the camp and put on a line of stage. TIiIh will he of gteat iiccomuiodatlou to the puhliu and will accelitiale the activ ity that is alteiidy manifest lit the cum p. Democrat. ' puny have visited the upper country ami a sile has liceu decided upon. This syndicate has liceu llgiiilug 011 tho pioposltion and hits sent men lii'ie to look over I he country. Tho smeller will occupy a tiacl of thlily notes between Maish ami Horseshoe llcnd. Tho smelter will havo a ca pacity of haiidliug ulmut !(I0 tons of 010 a day. r'mploymcnt will ho given to HDD or 100 i.Weiser Signal. CRANE FLAT DREDGER SENT TO PROPERTY Pint of tho dredging machinery for the 'Siiiim Flat placers, owned hy Hutch A llui hi Idge, ot Spokane, wim sent out to the piopcily hy the (), 'I', company yoHteiduy mid tho iel will he forwaidcd at once. It is the pitipo'ii of I ho company to get the diedger set up and III opeiatlou as soon 11s poMblo, Kxtouslvn wnik Is cuulemplated thin season. Another Hot Air Smelter. An eastern smelter syndicate is luteiested lu linllding 11 smelter uiiir Maish, ItcpresuntativcH of the com Granite's New Industry. A iiiitnher of our in In oh have heeu closed dining the wilder, hut tho ( 111 Is glad to tepott that there Iiiih been added at least one dividend paving iudiibtiy to the camp thin sluing. We have refeteuce tu "Uncle" Joe Thoiuhuig's wooden hen. It was started on 11 lest tun thieu weeks ago with 1100 eggs, anil this week has lieen engiigi il in making the cleanup. It Is too emly to stulo the percentage of values saved liy this process, hut thine is no 1 1 cm lit hut that the plant will he 11 dlrldei ft pajer. (leiu.