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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (June 29, 1904)
Wednesday, June 29, 1904 THb bUMPTER MINhR i LARKIN SAYS MIN E HAS NOT BEEN SOLD Will Put In 200-Ton Roasters and Work It Himself This Season. TI10 Democrat has it that thu Cou gar initio, tliroo in II oh north of Granite, is hooii to resume operations and on a largo scale. Mi. .1. W. Lark in, otio of tho ownors of tho proliorty, oaino in from Spokane, which is his homo, on Wednesday nlhtH train, acoom ianio(i by his son, and will ho in linker City several days hoforo going tn Ci rani to. Mr. Lurk in was hooii at tho Oeisor t'rand yesterday, and whun asked in regard to tho recent reported hiiIo of tho (Jougar, ho would not confirm it; on tho other hand IiIh expiessions load to tho bolief that tho Cougar has not hoon Hold and is still in tho handH of Mr. Lnrkin and his Spokane associates. "Tho Concur 1h a big mino and thoro in oro in Bight to run tho 2FiO ton mill plant on tho property for tliroo yearn," Hiild Mr. Larkin, "and tho failure to successfully treat tho ore and savo tho values in tho past wiih alone duo to tho absence of a roasting plant. This wo havo do oldod to put in at once. Tho plant will he of 'JOO-toiiH capacity. When wo are cquippod to roimt out ores thoro will ho no failure in tho opora tiou of tho Cougar. "Tho initio is dovolopod hy tuntol nil in ore from throe to twenty foot in width and wo havo ovor four hiin rod foot of hacks. The ore values aro distributed evon. The last oro wo milled gave an assay value of 625 to the ton, hut only a small pint of tho values wore saved. This was a losing .game and it was necessary to adopt other methods of oro treatment. "We are ..ow satisllcd that roasting is tho proper treatment an this wo will provido at once." Democrat. Mr. Larkin and sou arrived in Sumpter this forenoon and loft for tho Cougar Home hours later. To a Minor representative he continued tho above statements, stating positiv ely that tho mine had not been sold. lie says that ho has not yet decided what musters will bo installed, lint will in a tew days, and then lose no time in ordering them. Mr. Larkin was always rather averse to talking to newspaper men about his mining operations, especi ally what ho proposes to do in the utiire; so ho evaded tho question as to whether or not the report is true that he had said he would employ a hundred men at the mine during the present Edison. Illinois People Here. S. A. Watson, and Dr. .1 W O'llaver, of Illinois, who aro inter ested in Killeu, Warner, Stewart properties, arrived Jhere this morn ing ami will spend some time look ing over tho district. Dr. O'ilavor is a prominout physcian of Illinois, and Mr. Watson is official photo grapher for tho C. E. and I. railroad. COUGAR Special Excursion to The World's Fair. Tho Denver and it Kin Oraudo, in connection with tho Missouri Pacific, will run a series of Poison ally Conducted lOxoursions to tho Wrold's Fair during .luno. These excursions will bo run through to St. Louis without change of cars, making short stops at principal points on route. The llrst of these excursions will leave Portland iluno 7th, and tho second Juno 17th. The rate from Maker City will bo 800 to St. LouIh and rotutn. lOxoursionists going via the Dotiovr & Kin tlrando have tho privilege of returning via a dill'oront route. This is tho most pleasant way, as well as tho most, delightful route, to cross tho continent. Tho stops arraugod give an opportunity ot visiting tho various points of in terest iu and about Salt Lake City, Denver and .Kansas City. If you wish to accompany ono of those ex cursions write at once to W. C. Mo Hrido l'Jl Third street, Portland, for sleeping car reservations. I). K. & N. SUMMER BOOK. Tho handsome 1001 summer book, "Kostful Kecroation Kesorts, " issued hy tho passougor dopartent of the Oregon Kailroad and Navigation com puny, is just out., it tolls all about tho summering places of the Columbia river valley a brief description of the trips up and down the Columbia river, to tho mountains, beaches, inland resorts and fountains of heal ii.g, where they are and how to reach them. Tho book has a special de signed front cover, printed in two ctIoif, and the inside pages aro fplondidly 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 Passougor agent of tho Oregon Kailroad and Navigation company, rorlland. t.iw Don't (Jo to St. Louis 'Till you call at or wiito to tho Chicgo, Milwaukee and St. Paul rail road. Otllco 1 :t 1 Tin id Street. Portland, Oiegon. Low rales to all points Kast, iu coneuction with all trauscontiuentals. W. S. KOWE, General Agent., Portland. Oiegon. For Sale. Furniture of 1 room house, almost new. Evoryhtiug in first class con dition. Cheap for cash. T. .1. COSTELLO. WANTED -Two horses, harness and light wagon, buckboard pre ferred. Must no cheap. Apply K. E. W., Miner otllco. D. L KILLEN ON CUTWATERS They Are a Constant Detriment to Legitimate Mining Enterprises. Tho Daily Mining Keeord of last Saturday publishes a long, interesting and pertinent letter from I). L. Killeu, of Sumpter, on tho cut-rate broker evil, which that paper pre faces with extended complimentary editorial remarks, loth in ref erence to hia self personally and tho way iu which he heats the sub ject. in part Mr. Killeu says. Tho cut rate broker who secures stock at a lower price than the pro motor (who is usually a llsral agent as well), places it on tho market at a cut-rate and creates an impression with the investing public that die property is not good, or tho manage ment is incompetent, or something is wrong; coulldonce in the proposition forsakes, and is unwilling to make further investments. The result is that, not being able to secure aulll cient, capital to carry on the develop ment of tho property, tho piomotor fails; all those who have placed their money in the company's stock lose their investment, and mining receives another 'black eye.' Therefore, whether tho cut-rate broker bo con sidered illegitimate or not, he cer tainly, so far iih IiIh ability goes, injures legitimate mining with every breath that he draws, lie does not promise the public anything, he places no money in the company's treasury to develop and equip its property, ho assumes no responsibility whatsoever. In other words, from the mining man's standpoint, 'he toils not, neither does ho spin.' "On the contrary, in phming slock on a market which is already estab lished through the elTortH of and at tho expense of other men, ho simply lives from the sweat of tho other man's face. The promoter is a creator; tho cut-rate broker is a destructionist. The wrecks caused by the cut-rate broker aro strewn clear from Dan to lleersheba. What ex cuse, thou, does tho cut-rate broker olfor for his existence? From n careful persual of the articles written by the gentleman in your issue of the llOth of Apiil, I am able to find no excuse whatsoever, further than that it is an easy way in make a living, and that the cul rate broker is not as bad as the fake promoter. I do not defend fake piomoters they are ceitaiuly to lie downed out of business. Hut. I am not able by any known system of logic to iiiidoistand why a community which has chicken pox prevalent should also introduce small-pox. 1 am not able, either, to understand why cut rule brokers are a good thing simply because fake pro moters ate bad. In tact, they both have the same result- that of dis countenancing legitimate mining. "I like cut-rate brokers personally, and iu their personal capacity, but. so far as mining is concerned, 1 consider them absolute parasites and leeches that suck the life blood out of a legitimate business, and aro the cause directly, with tho aslstance of others, of wrecking more mining companies than all other causes com bined. It Is not sulllcient excuse for them to -av to the promoter, 'Organ ize your im mpauies so that we cannot get your slock.' The burglar would bo Intuitu d at in court were ho to enter a plea that the owner of tho stolen goods had t'nl led to keep them out of his reach, but there would bo as much justification l- his plea as in the cut-rat bicker's pit i . " .p. inn & co. KXlXPSlVK WHOLESALE AND KKTAll. GROCERS Mll.l. NTIIIIUT SUMPTION OKKtiON Transacts General Banking Business. Interest Paid on'Time Deposits Salcty Deposit Vaults ATTENTION! Do you desire to sell stock in your (Sold," Copper, Mining or other In dustrial companies? If so, you can not llmla better advertising medium than THE DIXIE MANUFACTURER BIRMINGHAM. 1UHM1. It is the leading industrial and liuaneial paper published in the South. It reaches that class of read ers who are interested iu linaiieial and industrial affairs. It is old ami established. Published semi-month-Iv, (iuarauteed circulation 10, (KM), Subscription price f'J.OO per year. Advertising rate reasonable. vu for sample copy and luhcrtlsing rates. 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