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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 8, 1905)
lBJJJBJBJBJHMBJMBJMaBBnBHaVBaBaaaBJB VOL. VI. GEISER MAY RE OPEN BONANZA Will the fauioue old Bouuaza miue be reopened aud made to yield its abundaut wealth ouee again? Tho air ia full of flying rumors to that effect. The man who could satisfy the public curiosity the ouly mat) in Oregon with authority to do bo refuses to talk for publication This uinu it Albert delser ("Lucky Aln), oue-time owner of the Bonanza, who sold out to Standard Oil people for a oopl half-inllllou. Mr. Gelser passed through Sumpter this morn iug, on bis way to the property. In conversation with a Miner re porter, Mr. Geieersaid: "You see, I've got to make a bluff at earning my salary, so I'm going out to the miue to see if the shaft-water 1b still wet aud determine whether or not spring 'haB ooine. ' " As related in The Minor recently, Mr. (Jelser has sold all of bis inter ests iu the Uelsor-IIondryx Invest ment oompauy, of Sumpter, and has beeu retaiued under what la said to be a prinuely salary, by the Pitts burgh owners of the Bouanza mine, to look out for their western min ing interests, which are scattered from Swill Hollow to Chihuahua. Those Plttsburgbers are Standard Oil stockholders, with money to burn, who steadfastly refuse to start a Are for that purpose. They have un doubtedly deoided to outer the western gold miuiug bufliuoss on a large scale, as rumors come from Baker City that the head of the Standard Oil system, Henry 11. Rogers, of New Yoik, has redeemed the Cornucopia mine aud is uow dickering for the Irou Dyke. Re cently the "system," as Frenzied Fiuauce Lawsou delights to cull the Standard Oil company, requested Mr. Oeiser to examine the Uouauza aud render a report thereon. It is to accomplish this misaiuu that Mr. CJeleer went to the mine this morn ing. Speakiug seriously to The Miner reporter, he said that he was Hutuully iu the dark as to the plans of his principal, with relation to the Buuauza. For many years the Uouauza mine, both under the old Cieiier ownership, aud later uuder the Staudard Oil regime, occupied an exalted position among western gold producers. During five year) of its operation, from 1897 to 1902, it is ciedited with having yielded a monthly aver- SUMPTER, OREGON, MARCH 8, & ago of 840,000 in gold bullion, pro duced from tbo operation of 40 stamps. The unprecedented output of 8102, 00U was reachod during one hnlyaon month. The mill closed dowu iu tbo fall of 1902, whllo Ueu eral Manager Thatcher concentrated his forces upou tbo Installation of oue of the fiuest deep-slukiug plauts In the northwest, oostiug approxi mately 8150,000, aud capable of operating to a depth of 2500 feet. A three oompartnent abaft was aunk to the 1200-foot lovel, with nrose outs to the vein at varouis stations. As OMch level was reached reports became current of immensely rich ore being encountered. Particularly at the 800 it wao said that a maguitl cent ore shoot bad been eutered. The management neither confirmed nor denied those reports However, a general Huspeusion of operations was ordered last year, aud tbo miue has been closed dowu evor since. Various jxplauatious were offered to account for tbo compauy's policy, in cluding the hypothesis that an at tempt was being mado to acquire ad joining claims through "beariug" the camp by closing down the biggest miue iu that reigou. Whatever the cause of the Bonanza shut dowu, it uow appeaia probable that resumption will be ordered in the near future. It is conceded by the kuowiug that with Al Oeiser at the managerial helm, the Bouauza cau again be made one of the biggest mines iu Oregon. Reorganizing the New York. Secretary L. Y. Heady, of the New York miue in the Oreeuburn district, amiiiiiuceH to the stockholders the re organization of that company ou a new basis, and the opening of the property this summer for enlarged development with new capital. The stock will be put on a busuiess basis aud handled exclusively iu the interests of the owuers of the piop erty. Democrat. Mineral Smelter Busy. Milling aud smelting continues unabated siuce the "blowing iu" of tb Ladd Metah compauy's smelter at Mineral, Idaho, after extensive re pairs tbereou. Additional teams will soon be put on tbe road hauling coke aud matt. 4H05 LAWSON BOOMS WESTERN MINES "Thomas Lawsou, of Boston, is doiug more good work In tbo inter est of weatorn gold mines than any other ouo man In America," says 10. F. Warner, oue of the hustling, rustling mombors of tho Klllen, War ner, Stewart oompauy. Mr. Waruer arrived In Sumpter this morning direct from tbe Milwaukee otilue of the K. W. S. Oo. He was accom panied by Chief Consulting Engineer Nicholson, who ue picked up eu route at Denver, aud by S. D. Pons, of Chicago. The latter la a heavy stockholder Id the Standard mine, at Quartzburg, of that now famous multl-metaled property which has been so successfully promoted aud which is beiug so soioutlflcally operated by tbo K. W. S. Co. David L. Klllen, tbe senior mem ber of the firm, aud tho king-boo rmtler of this camp, accompanied tho party from Chicago to Baker City, but weut through to Portland, alining to return some time next week to Sumpter. Peudiug bis arrival, Mr. Waruer haB nothing of a very definite uature to say for publication re garding the pIhus of bin oompauy, which, besldei handling tbe Staud ard, Oregon' Monarch, Black Jack and various other big mines In this camp, is piomotlug the Sumpter-Bourne railway. "You may say,' announced Mr. Warner to a Miner man this moruiug, "that the Sumpter-Bourne railway proposition is iu good shape for consummation, it, of course, largely rests with tbe pooplo of Sumpter whether or uot the road will be built. However, 1 have every reason to hope aud believe that Sumpter do the right thing, when the proper time cumca. " Continuing along the lines indi cated iu the opening of this article, Mr. Waruer said: "There 1b plenty of money iu the osat for investment in western mines - more than theie ever was before. I attribute this fact to tho general prosperity throughout this country aud to tho work beiug done by 'J. nonius Lawaou, in his "Frenzied Finance" exposures. Investors have been frightened away from eastern bucket shops, from Chicago, New York aud Boston stock exchanges aud auy investment which savors of Wall street methods ot fiuauce beiug exposed by Mr. Lawsou ia promptly tabooed by tbe general public NO. 28 iioretofore llfo insurance has been considered a good field for invest ment in ita various forma. Lawsou has puucttired that bubble by show ing how life iusuriiuoe funds are handled. Industrial investments have boon long considered tho most safo aud conservative. Lawsou has point od out the trust evil, which, Iu ita operaiton, woraa a tremendous hard (hip ou the 'little fellows' who are eternally Id danger of either being forced into bankruptcy by big com bine or gobbled up thereby. Thus tbe eyea of eastern people are tarn lug from Wall street to the great weit where frenzied finance methoda do not ohtalu aud where geld mining which comes into competition with nothing or no one, above or nelow ground, is asserting its rightful place iu economics, which is at the top of the list of safe, sound, conservative, and sure forma of Investments. "1 look for a period of uuparal leled prosperity iu western mining district!. Aud Oregon will come in for the lion's share of this prosperity by reason of the world-wide advor tisemnnt to be given thia state by tho Lewis aud Clark fair. The expesi tion is hound to ho a big one aud hundreds of thousands of easterners will come as visitors and go away as investors." New Schedule to Interior. A new schedule will go luto effoct ou tho Priuovile aud Burns stage lino May 1, which will cut 21 hours off the time now taken to make the trip. The stage will leave Huron, Monday, Wednesday aud Friday, at 5 o'clock a. m., aud arrive iu Prhuivlllo by 7 o'clock p. m. the following day. A stage for Burns will also leave Prineville at the name time. This Hihodulo will remain in force until November 1, when the roads begin to get heavy and a longer time ia nocos-aary to the trip. The question of better and quicker transporta tion facilities for interior points ia a matter receiving the attention of the Lewis and Claik exposition manag'Miiout of Portland, aud it is largely duo to their efforts that tho government sanctioned a change In the schedule A few hours cut off the time between here and Ontario would also meet the hoarty approval of our people, Harney County News.