Wednesday, July 27, 1904
THE SUMPTER MINER
MONEY STRINGENCY
A THING OF THE PAST
f
President Scriber, of the First
Bank, Says the Worst is
Over With.
National
J. W. Scribor, president of the
First Natiunal bank here, and an
officer of other banks in tho Inland
Empire, at La Graude, where he
makes bis home, CauyonCity, aud
elsewhere, arrived in Sumpter this
forouoon and will romaiu horo sovoral
days.
Miner renders will remember that
lust winter, when Hnunolnl oiroles
in tho' oast wore decidedly norvous,
fonriuR a panic, Mr. Scribor ex
pressed tho opinion through tliono
columns that tbero would bo no very
serious Hnnucial disturbaucoH, buyinj?
this boliof on reports received from
aorrospondout hutiku all over tho
country.
That prediction has been verified,
nnd now tho Kontlomun comes for
ward with tho cheerful, positivo
assortiou that tho worst is over with
in esateru Orogou, especially in
Sumpter and other mining districts.
lie says:
"There is already a markod im
provement all over. In tho agri
cultural and stock sections, par
ticularly where sheep are raised ex
teuBively, times are good, mouoy is
easier nud thore is no occasion
whatevor for approhonsinn. Mouoy
from tho sale of wool has been re
ceived and soon hundreds of thou
sands will be pouring iu to pay for a
big whoat crop at high prices.
".Hero in Sumpter, hm you know,
from tho time of tbo spring thaw to
late iu July or tbo first of August,
is always our dull qeasou. The
roads aro now in good condition, the
weather is flue, and all mining
operations nro being pushed; re
sulting iu a gonorul business revival.
In tho banking business we see ovi
donees of these changes, perhnps,
soonor than those engaged in other
linos, and I am glad to state that this
year tho improvement, is taking place
oven earlier than usual.
"This, of course, is speaking
generally Specifically, the settle
mont of tho long standing lied Hoy
troubles aud the early resumption uf
work at that famous old miuo means
much for tho betterment of cou
ditions in this district. Already
considerable money has boon put In
circulation from that source aud
thore will bo much more in tho near
future Thou, too, I hoar that work
will again be started up at tho (Sol
conda, hik! that, also, will be a great
help. That railroad out to Hourue
aud Cablo Cove will, of oourse, mako
Sumpter a bottor aud more prosperous
town tbau it has ever been."
IMPORTANT PLACER DEAL
THOUGHT TO bE PENDING
Frauk Hobson, the miuing en
giuoer, left for Baker City this after
noon on an important miuing deal.
Just what tho nature of it is Mr.
Hobson did not care to state, but
tho presumptiun is that it has to do
with tho big placer option which bo
has secured ou placer grouud, start
ing with tho Ellis interests at Sump
ter and extending down the valley
for several miles.
Mr. Hobson has au option ou some
'J, 000 acres of placer ground, aud it
is generally supposed that ho has in
terested capital to tako hold of it.
It is largely a dredger proposition,
aud tho possibilities it presents with
tho introduction of sufliciout capital
aro enormous.
0. K. & N. SUMMER BOOK.
Tho handsome 1001 summer book,
"Restful Recreation Resorts," issued
by tho passenger departout of tho
Oregon Railroad aud Navigation com
pauy, is just out. It tells all about
the summering places of the Columbia
river valley a brief description of
the trips up and down the Columbia
river, to the mountains, beaches,
iuland resorts aud fountains of heal
iDg, where they are and how to reach
them. The book has a special de
signed front cover, printed in two
olorp, nud tho inside pages are
rplendidly illustrated by ooslty and
beautiful half-tones. A copy of this
publication may be obtained by
sending two cents in stamps to A.L.
Craig, general Passenger agent of tho
Oregon Railroad aud Navigation
company, Portland.
Numerous duplicate petitions are
being prepared by tho local optionists
to be sent broad cast over the county.
Each petition will bo accompanied
by a representative of the cause who
will wait ou vuters until he receives
ton por cont of the voters in a given
community. Rev. Floyd of this city
statod today that the orgaui'iitiou
has sufliciout funds to carry on its
campaign aud would mako a ciireful
aud strong fight. He said that it.
was a nnu-ploitical issue. Repub
licans aud democrats are found who
advocate the idea while what are
called prohibitionists sometime
opposo it. Many of the prohibition
ists want to make it a political move
but the proseut orangi'atiou will not
permit politics to enter tho cam
paigu. Herald.
Don't Go to St. Louis
'Till you cull at or write to the
Chicgo, Milwaukee aud St. Paul rail
road. Oftico KU Tin id Street,
Portlaud, Oregon. Low rates to all
points East, iu coneuctiou with all
trauscoutinontals.
W. S. ROWE, General Ageut.,
Portlaud. Oregon.
HOIFORST.LOUISANDTHEWORLD'SFAIR
WILL YOU BE THERE?
Q ' Nature's Act Galjery of the Rockies In addition to tint
Oww Attractions' at St. Louis. This can only be door by
going or returning via the "SCENIC LINE OF THE WORLD."
U
NRIVALED SCENIC ATTRACTIONS
NEQUALED DINING CAR SERVICE
NSURPASSED IN EFFORTS TO PLEASE
Write for Illustrated Booklet of Colorado's Famous Sights and Reports
W. C. McBRIDE, General Agent
124 Third Street o .,im" PORTLAND. OREGON
"
Tourist ;
Cars East
Many experienced travelers
prefer tourist sleeping cars
for the transcontinental
journey. The
Chicago, Milwaukee 8c St.
Paul Railway
can ai range for your trip
east in tourist cars, offer you
choice of routes and save
you money.
H. S. ROWE
General Agent
!34Third St., Portland, Ore.
WORTH READING
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NORTH AMERICAN MINER
WHEELER & CO. Bankers 32 BROADWAY, N. Y