THE SUMPTER MINER
Wednesday, November 2 1904
BONANZA SHUT-DOWN A
PART OF SMOOTH PLAN
.
Scheme to Bear the Market and Snap Up
All Available Adjoining
Properties.
Somebody in Fortlaud, atari somo
liody from Humpter who Is visiting
In Portland, have focused tholr
mental telescopes Mud annuonoo tho
discovery of blood ou the moon hikI
h nlgggor In tho wood pi lo. ThoHO
HtnrtliuK llndH mixta to thu Bonanza
mine at Clelmtr.
The Portland .lotiuriuil priutH tho
follewing:
"A firomlneiii oiti.uu of Sumptur,
now visiting Portland, imt who doe
not oaro to have his iihiuu discussed,
reveals h puunllHr condition pre
vailing Mt tho Bonanza mliio In Baker
oounty. The Bonanza Ih tho doopost
ntino In Oregon. It Ijhh h vortical
nbaftdown to tun 1200-foot level,
and exhaustive drlftH have boon run
from the shaft down as fur hh tho
nln tli level. The hoist Ih thu Hooond
tiest in the state, being hii ouormoiiH
plHUt, capable of sinking to the
J, 000 level, eud thore U h complete
forty-stamp mill on the property,
connected with tho initio working by
en excellent aerial trMin. Yut whou
Manager W. A. Thatcher got UiIh
shaft down to, the 1200 lovol, ho
auspeuded work, pulled tho puuipH
first to tho 000 level, ana later
pulled tboin to tho surface, lotting
the big property till. At present
thoro is no one workltiK there, the
mine being In charge of h wHtohmiiu
"This Htnry Ih one of kIooiii, no
morn. For Oregon's deepest mine to
oIdhh ootilil Iimvo but h depressing
Ofeot on the entire diHtriut end
killed tho little ttoiiiiiiuuity around
Bonanza. Mine operators of tho
flint iiiountHiiiM have beon wont to
look upon the groat property, which
Ih known to have produced m largo
nmount of gold, with h sense of fore,
finding.
Vet thore Im euother foHture of
tho case not known to tho publio, Hiid
wbioh iiuty brlghtun tho situation
materially. Since closing down the
management of thu Bonanza mine Iihh
iiuciuirod two ooiiHldurHblo sized
milling proportion adjao.iut, end Ih
hhIiI to tin seeking other holdings.
Tho UoAolutu Kroiip. on tho wont,
owned tiy Messrs. Hull, soulor Hiid
junior, on which dovulopinunt vih
prosecuted nlovvly for thu past throe
years, wits flrttt liuiiKht. Later thu
Black lllril group, opuuud by m 000
foot oroHMCiit Hiid some drifting, end
lying further to thu went, whh tHkuu
in. A prouiluuiit mliio owner Ih
Hiithority for tho HtHtumout that
other negotiations have beeu con
(looted. "If the Bouatua ml no Iihh beeu
HbHiidotied, it Ih not clear what
motives tho owiiurn would have in
acquiring MdJHOout property. Thu
natural coiicIuhIou among most
peo pie around Douatiza Ih that there
is h Hhut down for m purpose, end
HiHt when Hutllciuut iHuri uuHr Iihh
bwn taken, there will be another
Htory. The company in composed of
L'ittsburg oapitalistH, and baa always
beeu ouo ot the closest of the dose
corporations No Information Ih
given out at any time relative to
mine affairs. Nothing may be ex
pected now until afTairH take their
course and it Milts the owners to
dismantle tho plaut or roHumo again,
aftei acquiring all the land near that
can be had. Manager Thatcher has
gone uway, and thoro is no ropresou
tativo of tho company about tho
property, save the watchman."
All of which is hore ropriutod and
accorded the bouoUt of Tho Miners'
circulation becaiiHo it huiiucIh a wholo
lot like the truth.
(Mineral Manager Thatcher, of the
Bonanza mine, is and always bai
beeu the very close-mouthed local
representative of a closed-mouthed
company, oomposed of close-mouthed
stockholders in the alose-mouuthed
Standard Oil corporation, Blnoe bla
asHiiiiiptlou of control of tho Bnoanza
and the retirement thorufrom of J.
I. Hayes, no newspaper reporter hai
ever beou accorded the privilege of
an lutervew. Whatover was learned
about tho mine under the Tlmtohor
management came from lips other
than olllcial. It is a fact, however
that at thu Bonanza, an immense ore
shoot was opened. Thatcher never
said so, neither did ho deny. Tho
writer acquired tho Information from
au employe of the miue, who kuow
what he was talking about.
When, this hu minor, tho Uouauxa
was oloaori, the putupB pulllod and
the shaft permitted to HII, tho writer
asked Mauager Thatcher, who was
then couvalesceut from the effects of
au operation at a linker City hospital,
for a statement regard lug the plans of
tho compauy. It was refused
absolutely,
In tho spring of 1000, with forty
stamjiH dropping, the Bouauza yield
ed a monthly average of 10,00 J iu
gold. During one mnbth of the
same year the cleanup roue hod
the record-breaking figures of $102,
000. The propurty is superbly
equipped, has always paid hand
Homely, and yet is closed down.
Mayhap that suspected uigger in
the woodpile is the name chocolate
colored gent who, Iu the spring of
1000, plunged thu old Bouauza com
pany into an internal war and forced
thu retirement of 1'resldeut Hayes.
Reported Changes at North Pole.
It is reported that a number of
Important ohauges in the official
roster of tho North Pole Miuiug com
pauy, at Bourne, are to take placo
about November 1, or as hoou as
Mauager Melzer returns from his
Kuropeau trip, which is expected
shortly. It is understood that
Superintendent Fox ban already
made his arrangements to step down
and out and is awaiting the coming
of his successor to turn over his
responsibilities. Mr. Fox has been
with the company for many years
and why the change is madeat this
time is not a matter of publicity.
Democrat.
Red Boy Mine Affairs.
Acting Manager John Thomsen
drove in from the Red Boy this
morning. He says the May Queen
sawmill is busy outtiug timbers for
the Red Roy iu anticipation of the
reopeuiug of that property, which is
scheduled to occur shortly after
November 18, en which date a
meeting of stockholders in the old
compauy will be held in Baker City,
for the purpose of perfecting final
and doduite reorganization.
Tom Costello In Reno.
T. H. Duupby 1b iu receipt of a
letter ftom Tom Costello, late of
Sumpter, who Is now at Reno,
Nevada, .tie writes that he has been
sick for the paBt month, but that he
is now recovered. He has made ar
rangements to go to Cioldflold and
look at a mine with a view to taking
a 100-foot lease. Should the prop
osition not look good, ho will go to
work by the day.
CABLE COVE HUMS.
SAYS DAD ADDOMS
John Addoms, Senior, passed
through Sumpter today ou his way to
Baker City from Cable Cove, where he
owns valuable mining properties
lylug between the Baby McKee aud
Last Chalice, upon which he has beeu
prosecuting development work duriug
the summer.
"Cahlo Cove is all right," said
Mr. Addoms, who, by tho way, is a
brothor of Dick Addoms, of tho
Alpine, and who Ih"ouo of tho oldest
operators iu tho Cove, being con
tomporaiioous in point of early
arrival, with tho Cable brothers, the
pioneers.
"1 own a group of seven claims
abutting on the Last Chance, and
duriug the summer have shown up
some good ore. Many properties are
working iu my immediate neighbor
hood. North of the Alpine, Menuo
Unzioker, of Baker City, has a force
ot men opeuiug up a group of flue
claims. The advance compauy is
working its North Fork claims with
good results. Ton stamps are
dropping night and day at the
Alpine, aud the Imperial mill is
pounding away steadily. Flue oie
is being uncovered at the Mormon
Boy, owned by Sage At (iraoe, uf
Baker, and Judge Smith Is opening up
au extension thereto. The Overland
is busy all the time and is showing
up better every day. The whole camp
is busy."
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NEW YORK BANKER
28 BROADWAY,
NEW YORK.
TRUST SUING
M0N1 E CRISTO
An Everett, Washington, dispatch
says that the American Smelting &
Refining company hat commenced
suit against the Monte Crlsto Mining
& Concentraion company to recover
110,473.40 advanced at various
times for the malntenauoo and opera
tion of the mines at Monte Crlsto,
and has petitioned the superior
court for the appointment of a re
ceiver. The complaint alleges that the
mining company owes taxes for the
years 1808 to 1003, Inclusive,
amounting to 10,641.05, and that
those for 1808 are In process of fore
closure. It Is also alleged that
operation of the mines proved un
profitable and exhausted all the re
sources of the defendant to meet
Josses, and that as the capital stock
is fully paid and nonassessable, it is
impossible to realize anything from
assessment of stockholders.
The stockholders, it Is alleged,
have refused to advance money to
meet the indebtedness, aud the de
fendant corporation has been uu
ablo to borrow money to pay the
taxes or iudebt jduees.
The plaintiff alleges that the prop
erty is of doubtful value, and
although operated for a period of ten
years past has never beeu able to pay ,
expenses.
Another reason advanced for the
receivership is the fact that Joseph
Polish has sued the mluing aompauy
for $100,100 damaged for personal
iujurioi.
The facts recited iu the complaint
seem to verify the oft-repeated
assertion that "those mines never
did, never could aud uever would
pay." But the expense accounts and
the mine, concentrator, railroad and
smelter repoits covering the career of
the ore from the time it was blasted
from the veiu until it was reduced to
bullion would throw light in some
dark places.
It is a faut well kuown to mining
meu, aud especially to those who have
had ore seut to the obsolete concen
trator through which all of the Monte
Cristo company's ores were run, that
from thirty to fifty per ceut of the
values went down the creek in
tailings, and that much of the crude
ore before goiug into the mill was
richer than the cooceutrates that
came out; that the mines were really
assessed to pay expeusea of oonoen
tiatiou. Under the Rockefeller
administration the freight charges
from Meute Cristo wore $2.50 a ton,
aud smelter charges were not less
thau SO, as agaiust a combined rate
of $5 since the smelter pasased into
the hands of the American Smelting
A: Rofluiug compauy. To make the
poiut better understood to the inex
perienced : Ores from these mines of
a value as low as 10 a tou can uow bo
chipped at a profit without concen
tration, while the actual cost under
the former administration was $12.
Iu ruuuiug the gauutlet of the con
centrator high grade ore was reduced
to low grade oouoentrates.
A bar of iron valued at five dollars,
wbeu manufactured iuto various
articles is euobanoed enormously in
value. Thus, needles to the value of
$450 can be made from it", If pen
kuife blades be made of it they will
be valmd at $3,000 and if balance
springs for watches, $200,000 is not
too high a value.