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About Fergus County Argus (Lewistown, Mont.) 1886-1946 | View This Issue
Fergus County Argus (Lewistown, Mont.), 15 Nov. 1907, located at <http://montananewspapers.org/lccn/sn84036228/1907-11-15/ed-1/seq-2/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.
2 FERGUS COUNTY ARGUS, NOVEMBER 15, 1907. The flea that Doesnl go up the Flue You receive intense, direct heat from every ounce of fuel burned— there are no damp chimneys or long pipes to waste the heat from a PERFECTION 011 Heater (Equipped with Smokeless Device) Carry it from room to room. Turn the wick high or low — no bother — no smoke—no smell—automatic smokeless device pi . ..vents. Brass font holds 4 quarts, burns 9 hours. Beautifully finished in nickel or japan. Every heater warranted. Th AaY0 Lamp pives a bright, steady light to read by — just what yr,u want for the long evenings. Made of brass, nickel plated—latest im- proved central draft burner. Every lamp warranted. If your dealer cannot supply the Perfection Oil Heater or Rayo Lamp write our nearest agency. CONTINENTAL, OIL.. CO. Incorporated , GRAND BOXING CONTEST AT CULVER'S HALL Lewistown, Montana. Thursday Eve., NOVEMBER Harry G. Srnit1-1 Fomerly of S&.z SICiSCO , VS. 1-4 g -ivI n of Detroit, Michigan $100.00 and Division of the Gate Receipts Preliminaries: Hurley vs, Debb and J, T, Tucker vs, Kid Bell Under the Auspices of the Judith Basin Athletic Club, Inc. 1 : AMONG THE MINERS 1 Latest News From the Mining Camp• of Fergus County and Hisewhere. The regular dividend of two cents a share paid by the Kendall company last month brings the Willi disbursed by this company In dividends since its Incorporation up to $1,165,000. Accord- ing to Sept. H. H. Lang, the mine will be able to pay this dividend of $10,000 right along for an indefinite period, and there is always the chance of striking richer bodies of ore. On the present selling value of the stock, it is paying 24 per cent a year. According to the Nome Gold Dig- ger, the season's gold output is esti- mated at $7,050.000, the figures being based largely upon reports' of cus- toms' officials; the amount appearing on customs' house records from June let to September 1st was $5,337,001). to which has been added $935,000 receiv- ed at Nome banks, $200,000 brought out by individuals on their person, and 4585,000 as the yield from Sep- tember 1st to the close of naviga- tion. This estimate is about $600,000 less than the recorded output for the previous season. It would have done the heart of a Barns -King stockholder good to have ben present at the United States as- say office in this city when Thomas For old • wp, suffer from rheuMaiis ifriomt,goutlumbogo neuralgia,sciatica and paralysis SloaAs Liniment gives quick relief. It penetrates through the nerves and tissues,relteves the inflammation and . congestion .quickens . the blood and gives a pleasarit tingIinq sensation of comfort and warmth. Needs . 4 ! very little rubbing. -411 L 421 S i t ihrm.‘&11 DrEar15.Sloan,Bostan Mass PRICE 25 4 50 4 S. $1.00 Th At all dealers er with cost sheets and full financial statements, and It is difficult for me to understand why the directors ap- pear to have been so much in the B. Miller opened his morning mail, dark regarding the value of the mine. which included three registered pack- All I can say is that all Informa- tion was sent regularly from the mine and was in the hands of the presi- dent, and financial accounts of the mine went also regularly to the t7eas- would give it an estimated value of urer. The policy and the work car - 810,200, or ;17 an ounce, says the Hel- lied out was that directed and author- ena Record. ized by the president of the company. Of course, it is -not known Just how long a run this cleanua, representa, but the supposition is Big it is for a month. The regular dividend pay- ments of the company in the halcyon days amounted to $12,000 a month, so, following out this conclusion, the prop- erty could be in far worse shape, it being estimated that the profit from this mu would be at least half, or $5,000. The postage on the consignment amounted to approximately $15. It is a matter of record that the entire pro - up in order to relieve stockholders duct of the Barnes -King and other Fergus county mines has been sent who dad invested in the Barnes -King to the assay office here by registered oevelopment company, and it was for this purpose that I remained in the mail, and the first loss of a single penny is yet to be reported. company's service longer than I iti- tended. When I found that this plan could not be gut into effect, I abso- lutely refused to act further as its engineer. \I had no control whatever or any interest in the company's financial are fairs, and did not know its condition. My connection with the property was purely professional. and I was In a position in respect to the mine similar to that of a doctor to a sick patient who has little hope of recovery, but who still needs attention. I was never invited to attend a meeting of the di- rectors, but had to transact all my business with the president directly, and to him I tendered all of :he eu- gineering advice that the company Was entitled to. 'Professioaal rations reqnlre Cliat hn'enSillee to or recve Instructions on!' oin each officers or persons as he date...eel to report to. Personally. I eel %Mat it 18 not my part to discuss:the inaael further, but I merely desire to point oat my re- lation with the company, whicn has been misunderstood. My professional work is open to criticism by in; rue; as both engineer and layman. aee eu- titled to an expression of upitdon on the work already done, but I must al- low the public to form its own conclus- ions regarding the present state of the company's affairs. About its pro - modem I know absolutely nothing, but believe the mine was purchased in gbod faith.\ ages from that mine at Kendall, Fer- gus county, containing five gold bars of an estimated weight of 600 ounces. The gold was of a fineness which R. B. Lamb, mining engineer in charge of the Barnes -King property after the organization of the new company, is out with a statement in the Faigineering and Mining Journal explaining his connection with the ' property, lie says he never made an inspection of the property until after the flotation of the company. He al - I so says he knew the disappointing character of the 'property, and his re- ports to the former president of the !company hack in last January, two !months before the second payment on the property was called for, showed it. Mr. Lamb's letter is as follows: \I wish to point out that I had ab- solutely no connection with the Barnes-ICIng property prior to the na- tation of the Barnes -King Development company, nor did I make a report of , any Sind on the property previous to Dec. 22, 1906. I further wish to state , emphatically that I made no reports to aid or in any way to assist in its ' flotation and that the company was I .- • formed bemire I left to inspect the j property, for the first time. I was not engaged as an examining expert for either the promoters or the company itself to place a valuation upon the mine. A copy of William Word's re- port was shown to me, and I was I asked to give the company my ser- vices as consulting engineer. I con- sented to do so, and gave the greater part of my time to its affairs for the I (Irk six months. I was instructed to forward my reports to the president of the company, and to receive from him directions as to the policy to be adopted regarding operations. \I made a preliminary report, dated Dec. 22, 1906, after an inspection of , the property. This report VMS merely Gallery, $1.00 Main Floor, $1.50 Stage, $2.50 ont. referring to the existing condi- tions of the property as they appear - tee THOMAS H. PLEASANTS, M. D. Bell Telephone Building, Lewistown, Mont, General Medicine and Surgery Eye, Ear, Nose and Throat Surgeon. Glasses. Phones Bell 158, Mutual 328 ERRE aud a full line of supplies. Also a varied assortment of typewriter pa - tiers at She Argus Office ed at that time, and did not go into the matter of v lue except in a casual way. I w ver at any time so favorably im r sed with the assay value of the roperty as others ap- peared to be. \In January of the present year I advised that the property was very low grade, and on April 3 I present- ed a report giving measurements and , assays, which showed that I estimated 1 29,324 tons, showing a gross value i of $121,789. This was all the ore I estimated blocked out above $3. This !report was sent to the president of the company, accompanied by assay There is a great quantity of 'ore which will assay under $3, and the engineering problem Is to make this l ore pay. \The president was continuously in i full possession of all facts regard- ing the property. Assay sheets were mailed regularly to New York. toireth- The condition at the mine, however, did not satisfy me. and in May I re- quested to be relieved of my respon- sibility, and frequently made further applications from that time on. It is absolutely untrue that my resignation was requested by the board of the pres- ident, and it was not until after the stockholders' meeting In August that I succeeded in being notified that I could be relieved of a position which was very distasteful to me on account of the low-grade nature of the mines I desired to see another property taken Butte Miner: Gray W. Richardson, one of the best known newspaper men in the state. %%1 , 0 teceutly ieur - nee rom a visit to Feigus county, includ- ing Kendall, offers much encourage- ment to holders of stock in the Barnes - King Development company. While he concedes that the report of John Gillie and C. W. Goodaie was made In all sincerity and on the condition of the Barnes -King property as they saw it, he states that the people of Lew- istown have considerable faith in the property and believe that it will yet prove a dividend payer. ' While Mr. Richardson agrees with the statements made by experts that the property is not worth anything like the $2,000,000 which was paid for it by the stockholders, from a careful examination of the ground and from talking with the miners who have worked in the mine, he is of the opin- ion that large bodies of ore which will pay well for the treatment and give a handsome profit will yet be opened up. Showing the faith which the people of Lewistown have in the Property, Mr. Richardson states that such men as Dr. Long, David Fillger and Presi- dent Bright of the Lewistown Electric Light company, men who are conceded to be shrewd and conservative, are buying up the stock as fast as It is offered, at about $1 a share, and al- ready have invested more than $z5,- 000. With conservative managemeet Mr. Richardson believes that the property may be made to pay good dividends and that the stock will reach a market value of at least $2.50 a share within a short time. He does not, however, anticipate that it will ever again be worth the promotion price of $5 a share. That the property will be a continuous dividend payer he has no doubt. JOINT TEACHER'S INSTITUTE ENDS (Continued from page 1) ment. It is no longer a , matter of equipping the boys and girls for a successful struggle in the race for in- dustrial progress, but the training of a generation of children and youth who are to live in the highest and broadest sense and to redeem the n- tion front the grasp of evils which are insidiously menancing the welfare of government by the people. The teach- ers problems are no more local and trifling, Inasmuch as they concern the perpetuity of the noblest features of our American life. This institute has done more to give cohesions to the teachers' work than any preceding meeting, and if there is any meaning to the statement that ideas rule the world, the teaching in Fergus and Meagher counties will be of a higher order as a result of the meeting just held.\ \Handicap In Life.\ Lewistown has always been noted a piece where the greatest inter - et in the Negri( ot the broil% by the public. Tha has been shown time and again and In all manner of ways, and it was demonstrated again Wednesday evening when Miss Sum- mers delivered her lecture on \Handi- craft in Life\ at the Methodist church. The large auditorium was literally packed and many is were unable to gain admittance at all, while scores stood throughout the evening. The lecturer's references to the manual training and domestic science de- partments in the public schools gave all a better and truer conception of the value of these modern features of school work and, of the real end sought. Miss Summers covered the subject so broadly, however, that its general application to the affairs of life and to the new and still changing social and economic conditions was her chief theme. It was intended to show how art extends through all work aril was, in effect, a plea for honesty in the crafts and this portion of the lecture was strongly reminis- cent of Elbert Hubbard's appeala along the same line. Preceding the lecture, a fine musi- cal program was carried out, the fire eumber being a piano duet by Miss Florence Culver and Mies Ruth Cook. Miss Nellie Titter gave a vocal selec Don \The Moorish Maiden\ and it so - pleased the audience that an encore was demanded, but Miss Orpha Noble, T7:10 presided, wisely adopted the rule of \no encores.\ A violin solo by lit- tle Grace Brewer, accompanied on the Piano by Mrs. Brewer, was received with rapturous applause, and the high school girls quartet, consisting of Missed' Belden, Remington. Campbell cud Peck gave a selection that was also warmly applauded. Following the lecture, many remain - :el to meet Miss Summers, who, dur- ing her rather extended stay In Mon- t...lea has given invaluable service to the teachera' institutes held in var- ious parts of the state. The Fabrics, the careful manner of making (inside and out), the gentility of style ,and all other points of construction in \Viking\ and \Viking System\ Clothes find instant favor with those who are looking for style and service. - Viking\ brands are manufactured by Becker, Mayer fo' Co., Chicago'. foremost makers of Children,. Boys' and Young Men'e Clothing. We guarantee them in every respect. —The labels tell. HART & Co. JONES NEWS NOTES. :Mrs. Tear IdeOre lltd wee filoy arrived home from their still ati: hospital, where Mrs. Moore has been for several weeks. Mother and Idabe are doing nicely. Ed. Shook and Mr. Noble moved their threshing machine to Jess Clark's ranch on East fork last week. - Bum Rehabeckas recetsed quite an injury last week while wrestling with a friend, Dean Fletcher. who acciden- tally stuck a rusty pitchfork tong in Sam's wrist. The wound, though very some, is healing nicely. Little Harry Rohrbecker was also the same day un- fortunate, by falling from the hay loft. He was badly bruised up but not ser- iously injured. Ben Jones and family spent a day on Beaver creek recently. Returning home the horses became frightened and ran away, but Mr. Jones soon got control of them nui no wa , bur!. A nice little party of the young la- dies and gentlemen on the creek spent Hallow'en with Miss Emily Wood. Mr. John Thompson, while shocking his grain, received quite an injury. In placing a shock on the ground a straw stuck in his eye, causing him much pain. Mr. Thompson had to go to town to have the eye treated by Di. Foley. The wound is improving nice- ly. Mrs. Geo: Williamson is spending a few days with Mrs. William Davis. Mrs. Learruouth was -eportei, sick last week, but is again able to be up and about. William Cameron returned home for a short stay Saturday. Mrs. Bert Welch and Mrs. Bert Ma- hana spent Friday with Mrs. Andrew McCollum on lower Cottonwood. Mrs. John Marshall came out to the home ranch to assist Mrs. Ed. Wood in cooking for the threshers. Miss Maggie Cameron has been quite poorly the last week, but at the pres- ent writing is Bert Mahana went to Haat fork last week to leveet in a new lath mill, Notice to Sheep Men. I kam for eale at my ranch near Big Timber, Mont., seven hundred good 2 -year -old Franko-Delaine-Merino rams. Parties wishing to purchase can correspond with me as to Prices etc., at Big Timber. Mont. 8-23-13t CHAS. McALLISTER. The young man in love seems to know,. lot about fruit growing. Re is constantly referring to his girl an a peach, thinks her the apple of his eye and yearns to pair with her—Spokes- man Review. .. NI I ) f . _ . • t• This Model $35 00 We haue the new style improv- ed model . Edison Phonographs and Gold Moulded Records Send us a postal card for informa- tion. Inquires promptly answered Wilson-Seiden Drug Co. Progressive Druggists rrs THE LAST CALL, Coma THE COPPER STATE VEIN ef ORE is FIVE FEET wide, over a QUARTER OF A MILE LONG, and we have one shaft down FIFTY-FIVE FEET IN ORE. Our assays give us an average value of THIRTEEN PER CENT COPPER, with Gold and other values enough to pay all costa of mining and milling the ore. Figureing the ground in this way we have over THIRTEEN THOUSAND TONS OF ORE its SIGHT, that Is worth now, say FIVE HUNDRED THOUSAND DOLLARS. That means that thisstock that I offer you for TEN CENTS is just worth ONE DOLLAR today! We have eight man at' work. and all of these men want US to pay them part of their wages in STOCK! Now. If these men who are at work taking out the ore, want the stock so bad, don't you thInk you ought to have Wine? DO YOU KNOW OF ANY OTHER \MINE\ IN MONTANA WHERE THE MEN ARE AFTER THE OWNERS TO PAY THEM IN \STOCK\ INSTEAD OF IN CASH? i have been in Montana for twenty-six years, and I never knew this to happen before but once -sand that was when the men at the mines In Butte, and the smelter at Great Falls, bought COPPER STOCK at TWENTY-FIVE DOLLARS per share. And they never regretted it. Even' miner has FAITH IN COPPER, it Is as staple as sugar, and the world is using more of it every day. Ten days ago I offered 100,000 s hares of this stock at TEN CENTS, today I offer the remainder, 40,000 shares, at the same price. The People of Fergus county have bought generously, and I thank them. Some eastern parties are on their way out, and will take any that is unsold on their arrival. If you want any of this stock you must buy it now—it will sell for a dollar or more as soon as we ship ore. Samples of the ore can be seen at The Fergus county Democrat Office and the Wilson -Belden Drug CO.. or I will be Pleased to show them to you. I cannot tell you Just how good It is. But you can go and look at the mine, then if it is not BETTER than I tell you, I will Pay your expenses. We have no agents, we give no wine suppers, we are paying no high salaries or big commissions. EVERY DOLLAR that we receive from the sale of this stock, goes into the ground to get out shipping ore—AND DON'T FORGET, THAT WE HAVE THE ORE. We are not looking for It—We HAVE ITI Now. friends. If you Want the few shares that are left 1 • a I. E3uy Now, Don't Watt and be, Sorry -It's the Last Call, Come! Address All Orders to GEORGE W. CANON, Lewistown. WOW
