Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1889-10-12
WEDNESDAY & THURSDAY,
October 23d and oath,
ON THE PRE- MISE IS,

HERE Is SOMETHING NEW IN WHICH
| j. to invest your money that will bring you
heavy returns. II is not something new to
be invited to invest in lots of new town, but
| il is emphatically new thing-a refreshing
| event'-to be asked to buy property where the
surroundings are so favorable to the quick
growth of a town-the sudden springing up of
a city in day-as we find in this case. We
will give you REASONS for the faith that is in
us, and if you think those reasons are not good,
keep your money and some one else will reap
| the harvest.
The Klamath River Lumber and Improve
ment Company, with capital of S50000' COM
posed of such well-known men as James +.
Mclaughlin, formerly of Milwaukee, who is
President of the Board James Steele Presi-
dent OF the Merchants National Bank Of Port
land who is Secretary and Treasurer, and
William G. Steele and NJ. B. Rankin, both of
Portland, own ,OC0 acres of the best sugar and
Oregon yellow pine skirting both banks of the
klamath river for twenty four miles 1t is esti-
mated that there are over IS 600, ,0C0 feet of
lumber on the banks of the river. Several
City is st the junction of the Klamath river
and the California and Oregon Railroad, and
the point to which all this huge pile of lumber
must come en- route to market.
The company is NOW BUILDING 4 SAWMILL
of capacity of 5000 feet per ten hours, en-
ployipg $50 men, with a monthly payroll of
$4,000. Other companies will employ as many
n ore. Within radius of a few miles there
are fully 900 men engaged in placer and other
mining doing well. The washiugs show that
while two men have taken out as much as S25,-
600 in single season, the most valuable dirt
has not been washed. Here are 1,500 men,
through whose hands not less than 100000
per month is put into circulation, and all of
whom Will come to the stores and shops of
Klamath City to buy their goods and supplies.
Ninety Thousand dollars per month, over
a million per year, ready to come to a new
town even before the company owning the site
have had time TO put up their mills. What will
the town be when it is a two year-old? There
are number of improvements to be made by
the company, which cannot be described in an
article of this length, description of which
address. Among them are hotel and bank
buildipg-psrties with ample capital having
agreed to occupy the same when completed.
Purchasers of lots desiring tC build can do so
at once, as he company have all the materials
at hand and will erect buildings to suit, giving
liberal telms of payment.
ES Remember the date Of the Auc-
ton Sale, on the premises, October 23d
and Gath.
There is no trihing about this matter. The
company are carrying out their plans as they
started in to do, and they will make things
hum. Those who ca not see from the above
statement of facts that klamath City property
is good buy, would do better to stay at home
and not attend the auction sale for we can as.
sure them it is no place for either blind men or
drones. Only wide-awake, active men will
keep up with the town.
For further particulars, catalogues, etc., ap-
ply to
D. j. WHEELER g. CO,
The Real Estate Auctioneers, No. IL
Montgomery Street, S. =.
o1O12, 15,17,19,22