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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (June 22, 1904)
'Wednesday, June 22, 1904 THh bUMPTER MINhR ! 1 PRESEN1 STATUS OF MINING STOCKS Market is Depressed and Therefore Now is the Time to Buy. Tho prosout conditiou of tho -mil) ing stock niarkot calls out many anx ioiiH iiuiuirlos as to the causes for tho low stato of thu market. Will tho stocks over recover? is a question frequently asked. Those who have purchased ninny of the stocks listed on the Salt Stock and Mining Ex change at prices prevailing two years ago, have seen a large part of their investment waste away, and tear they may lose all. About three years ago they bought Silver King at 882.50 per share and have received in dividends 62(5; hut the stock has steadily declined to about 8f)0 a share, showing a net loss of SO.HO per share. DalyWest stock sold at $fi(.U(), while thu pres ent price is about $21.00, the decline being $.'12. 00 pur share. Dividends received amounted to $11.10. so that tho net loss is $17.00. Consolidated Mercur, Grand Central, Mammoth Sacramento, Swansea and othors mako a poorer showing. A still worse showing is made in thu records of Carisa, CJalona, Uncle Sam Con. and Yankee. Ajax, Daly -Judge, Lower Mammoth, California and Yankee Con. havo boon groat disappoint ments. In view of theso recent oxperimonts many condemn mining and deflate tboy will have nothing to do with it. They say thoro Is moro money put into tho ground than there is taken out of it. Hut there is little Jogio in such roasouitig. Thoso who take this viowwore unfortunate in buy at tho wrong timo or usod poor judgment in tho solectlon of tho stock. We are not saying that oousciou tious brokers or mine noprators do not mako mistakes somotimes. They may bo very confident in tho prop orties, but the treasury stock may be exhasuted before the minu is de veloped. The showing in the pros pout keeps luring the miner on and by and by his money is gone. Some one with a little capital comes along and buys the pinperty, and with a littlo more development opens a great paying mine. Such cases are not infrequent. Time, money and patience aro required to develop a mine from a most favorable prospect. Lot us take some other rocords and learn a lesson. In 18011 Silver King stock sold at $2. HO per share. The returns on this investment to date ro 854. M in dividouds; while the stock is worth 850. Swausea stock sold first at ten cents a share. Au investment of this small sum netted the iuvestor $7.00. In 1808 (Jraud Central stock was selling at 50 cents per share. Such au investment has yielded the fortunate investor 33.02, or 724 per cent interest, while the stook is now worth $4.75, making the total net profits 1,574 per cent on the original investment. Suppose that au iuvestor bad bought 1,000 Daly-West iu 1898, ae he might have doue for 13,500, be could have disposed of half of his holdiugd a year ago so that his net returns would havo boon $40,000 cash, while he would still hold 500 shares, which would have yielded $4,350 additional cash and be still drawiug $200 per month, which is a very good income on something that cost uothiuu. Tho cash received to date repre sents a profit ot 1,107 per cent on the original investment. We could make similar showings ftom tho records of Ajax, Alice, Uutlor-Llboral, Uulllou,-lieek, Cari sa, Centennial-Eureka, Century, Meruur, Daly, Daly-Judge, Galena, Horn Silver, Lower Mammoth, Mammoth, May Day, Ontario, Isocco llometsako, Sacramento, South Swausea, Star Consolidated, Tetro, Uncle Sam, Utah, Yankee Consoli dated and many others. Tho present situation in the min ing stock market is nothing unusual or unnatural. History repeats itself. Wo may therefore look for a very de cided change for the better before many mouths. The various mining camps of Utah were never yielding moro ore than they are now. The output from the mines of this statu will reach almoht $30,000,000 for (he present year and probably exceed that sum. Money in tho East is easy and rates are low. Many who have lost heavily by their investments in railroad and so-called industrial stocks are turning to mining, which, under careful and scientific manage ment, is looked upon as safr and good for larger rot urns, instead, therefore, of regarding the present situation as utterly discouraging, it sholud be considered with favor as a time to mako profitable investments.- Salt Lake Mining Koviow. PETITION. To the Hon. County Court of linker County State of Oregen: We the undersigned actual majority of tho whole number of legal voters of Unity precinct, horeby petition your honorable body to grant a license to E. II. Hayes to sell spirituous, malt, vinous liqors, and hard Cider iu said precinct, at their place of busi ness iu loss quantities than one gallon for tho period of twelve months, said place of business being on the c.iuuty road and near tho Post otlloo which is known as Unity. And wo further show that the said place of business is not with in one mile of any working mine. Louis Tilt, E. Tift, P. T. Tathrop J. 11. JIaunhinau. L. L. King. .). 11. Shaw, Alfred Whited, W. G. Yea ger, Joseph Wham, Otto Pans tian, Willsam Haskiu, (.'. C. Whited, (ieo, (iroagor, O. M. La potto, Minor Covin, Kiloy llardmau, Peter Yoakmau, Sam Perault, (Ieo. G. Nelson, N. N. Elliot, Win. Woudt, Thos. J. Elms, Ceo. W. Elms. W. 1). Mills. Not ieo is hereby given that the undersigned will apply to (he Honor able County Court of ilaker county on the 1st day of July, 1004, or as soon thereafter as may suit tho con vouiouce of the court, for a license in accordance with the tonus oftbo abovo petition. E. II. HAYES. NOTICE OF FORFEITURE. To Olo Liuquist, Peter Sodurberg and to you and each of your heirs, executors, administrators, and assigus are hereby notified that I the under signed, your co-ownor of the follow ing named quart?, mlniug claims, fo wl t: Tho "Couter Star" tho loca tion notice of which is recorded iu the Quartz Records of Uaker county, Oregon, in Volume "Jl" at page 107 thereof and the "Center Star Extension" tho location notice of which is recorded in tho Quartz Records of Maker County, Oregon, In Volume "Jl" a pace 108 thereof which notices were so recorded on tho 10th day of March, ISO!), havo ex pended the sum of $100 per claim and upon each thereof for the years of 1000. 1001,. 1002, and 1003, that said sums so expended each .u'ar was for the benefit, imptovement and development of each thereof and us" the annual work, labor, and improve ments as required by the liuvs of tho United States of Atactica and of the state of Oregon. And you and each of you are further notified that should you fail, or neglect to contribute and pay to mo, yout co-owner of Mild claims your proportionate shares of such yearly expenditures, which is the sum of $00.00 2-3 each, for each of said years above mentioned, amounting to the sum of $200.00 2-3 for each of you to so contribute or pay, within ninety days from tho date of the llrst publication of (his notice, and in case of you and each of you failing to so pay to me (he said sum, your respective interest iu said quartz claims will become tho property of the undersigned as by law provided. First date ot publication of this notice being tho 5th day of May, tOOl. II. 11. (5KIFFIN. "NOTICE OF PUMLICATION OF SUMMONS." In Justice Court for Sumpter Pre cinct, Uaker County, Stale of Ore gon. (ioorgo E. Allen, Justice of the Peace. II. D. Griflln, Plaintiff, vh Pat Murry, Defendant. To Pat Muiry, the above named Defendant in tho above entitled act ion. In thu name of the Stato of Oregon; you aro hereby notified and required to appear and answer or plead to the Complaint filed iu tho above entitled Catiho and Court. On or before the expiration of the publication of this summons, to-wit: on or before the expiration of six weeks (42 days) from and after the dale of (list publication of this sum mons, which is the IHth day of May, A. D., 1001. And you are furthttr hereby notified (hat if you fail to so appear, answer or plead to said com plaint, tho Plaintiff will for want of answer on plea thereto lake de fault and judgment against said debt for the sum of Eighty Eight and 25 100 dollars with interest on said sum from the IHth day of August. 1003, and costs of this action and as prayed for iu plaintiff's complaint. That this summons is published pursuant to tho order of the abovo ontitled Court, (Seorgo II. Allen, justice of the peace, made and en tered this 11th day of May A. D., 1004, directing that this summons bo published iu the "Sumpter Weekly Minor," (a weakly newspaper pub lished iu Sumpter, Raker county, Oregon, of general circulation iu county and stato) once eaah week for six consecutive weeks (being 7 publi cations covering 42 days). Dato of order May, 11, 1004. Dato of first publication, May 18, 1004. UEO. E. ALLEN, Justico of tho Peaco. i I). K. & N. SUMMER BOOK. The hip (some 1001 summer book, "Restful Recreation Resorts," Issued by tho passenger departent of the Oregon Railroad and Navigation com pany, is just cut. it tells all about the summering places ot the Columbia river valley a brief inscription of the trips up and dour the Columbia liver, to tho mountains, beaches, inland resorts and fountains of heal ing, where they are and how to reach them. The book has a special de signed front cover, printed In two cilotr, and the inside pages are fplendidly illustrated by coslty and beautiful half-tones. A copy of this publication may be obtained by sending two cents iu stamps to A.L. Craig, general Passenger agent of tho Oregon Railroad and Navigation company, Portland. riMBER UNO, ACT JUNE 3. 1878. -NOTICE FOR PUBLICATION. United Suit's I. n n. I oitii'c, ( Li (iiaiiJe, Oti'Kiin, Iiiihm), iy,u. S.'.. H.-.. I.. li.....i.n ..l. ..i. tli ii I ......II ....... ..in. .1.. ,ri..i- i - iiviri-j iti ii in. ii in iMiiniiit I "llll III! provisions ot tin- nit til (ingress "I .Ititu . IHjH, en- titled "An .ict Ini llii vile nl timber l.in.tsln tin- state ot CiHloMil.i.Dii'kjnii, Nevada mill Washington Tor ........ .. ... ..... , . i ... .tt .i... ii. .i.ii . i ... .--..... .... iiiiiiy. lis I'Mi-uiiiM iii mi ini' i ni'iit i. niiii ni.nes iy by ait ot August 4. Ill), JOHN t.. IIII.I.MAN. nl Sumpter. muntv nl II, tl.et, state ol Oii'kiiii, tut ini ti.iv iiii-ii iii ii ii unit r iii sniiiii Miiiriiiriu in. tut, lot ihepuidiase ill tin- N' Nl', Ni:( NWf nn, I Intone III ol Sec. io. In I n. No. n s, miiisc Nn. iH I1WM, .in.l will odor proof In show lluil Hit land wiill ii lit Ik I miff it l' tin i lit i litr lltr I ut lut f tr suite tli. m tor iiKiUultiit.il purposes, and hi cstab lisl Ids 1 1, din to sal, I l.uul heloie (.h.itles II. (Ji.iiuc, I' S. Oiiitntlsslniu'ti at III ultit'i' it A 11 .1 ."siiiiipiot, tiiiKon,iin sviMiies.iay, nit isi tay oi August, titiu lit' ilium's lis witnesses-Willi, tin A, (ueen. Ralph MiMil, Van Rensselaer Men,!, lit If I. Ilciejuan. all ol Sninplei, Oiee,on, Aiiv iin,l all persons ilnlinltn; n.lverselv Hie above descilhed lauds arc triucsted to tile tlieli claims in this ollice on or beloio s.il.l (tstilnvol August, iuui. I:. W. Davis, Register. NOTlCt: I'OR PUBLICATION. Department of llii Inleilor. Iin,l Ollice at l.n (iraude, On' June il Iri'Kiui, iH, ll)'H, 1 Notice Is hereby given Dial (in following-named settler has hied notice ol his Intention to make tiu.il prool In support ol Ills claim, an, I lti.il s.il.l piool will he iimJe helore (.lias. II. Chance, U S. Commis sioner, ut Sumpter, Oree,nn, on Ann. ' "j4, vl: II. I:. No. i j.jti. WILLIAM k'lil.l.V. ot Sumpter, Oregon, tor Hie h w ( Sec. 1 1. .inJ n h n w ' Sec. J4,Ti. n S, R H I: W At. Ileu.imes the following witnesses lo prove his continuous resl.lence upon and cultivation ol sal.l I.iiiJ, vl- Peter J. So.irJs, Joseph Ryan, liJ. AU' Nulty, Robert W, Riley, all ot Sumpter. Oregon. I:. W. Davis, Register, NOTICT:. Dulled States l..in,l Ullice, l.a (ir.m.le, Oregon, Alay 7. iooi- i Notice Is hereby given that l.'dward II. I'errlu, whose postollice address Is Williams, Arizona, by Seymour II, Hell, his attorney In lad, whose pus ollice address Is Sumpter, Oregon, ill, I on the 7II1 it.iy of Atay. 1004. make appllinllon lo select, uii.ler Hie act ol Juni' 4. iK)7 ( t Slaii, id), Hie lollowlnu .le siilhe.l li.ul ot i.iiul In ll.ikei iiiuiily, Oreynn, In Hie l.a (ir.in.le. Orep.on, Inn J Jlstrlit, to-wit 'I'hi' soiitheasl iti.irler ol Ihe norlhwesl iit.irlei ot si'ilhin Tweiiiy-otii'(ii), lownshlp Nine o) South, KaiiKi' lhlrt -seven ()7 Last ol Hie Will. in. cite Alerl.ll. in, that the purpose ol this notice Is lo allow .ill per sons ilalmlllK Hie seleite.l l.ilijs, ll'l.ler the milling laws, or ileslrhn' to show It lo he nilucnl In charac ter, an opporiunlt lo hie oheiHons lo such selec tion with the nlliirrs ol Hie U. S. I.atul Ollice, at l.a dr.in.le, Oregon, within thirty Javs alter Ihe wlh day nl .Mas, iiu, so as In estahllsh their Interest llienln or Ihe mlneial character titer rot. I:. W. DAVIS, Wi'Klsler. llrst ptihlliatlou .May n, i4. Last piil'lk.itlon June f,, tn TIMBER UNO. ACT JUNE 3. I878. NOTICE TOR PUBLICATION. UnlleJ Stales l.nnj Ollice, ) l.a drauie, Oregon, April jhiii, i') ; Notice is hert'hy Ivi-u Hint in compliance with Ilia provisions ol the act ol cnnuiess ot June I, 1U7H, en title.! "Au act lor Hie sale ol timber lanJs In the slates ot Calitornla, Oregon, Nevada anJ Washington ter ritory," as eitendeJ lo all Ihe Public l.auJ stales by act ot August 4iiH-P. MAUHV K. IIUNKI3R, ot Sumpter. county ot Ilaker, slate ol Oregon, Iu this day filed In this ollice his sworn statement No. jo&j, for the purchase of the I: Y S 11 ii, and SW S Ii Vi of section No. so In townshln No. o south, ram;e No. j l!WM, and will offer proof to show that Ihe land sought is more valuable for Its timber or stone than for agricultural purposes, and lo establish his claim to said land be fore Chas. if. Chance, U. S. Commissioner, at Sumpter, Oregon, on Saturday, the 16th day of July,i04. Hr names as witnesses' Morris M. Allen, Thomas Moore, Ralph Alead, and Van Redsselaer Atead, all of Sumpter, Oregon. Any and all persons claiming adversely Hie above described lands are requested lo file their claims in this oltice on or before tald 16th day of July, 1904. Ii. W.DAVIS Keitlster.