The San Francisco call., 1904-02-21
DROPS CLAIMS
OF RADIUM ORE
Company Quickly Follows Calls
Story With Offer to Repay
Stockholders Their Money
LARGE BUBBLE COLLAPSEs
Aubury Reiterates That Con-
cern Is a Fake and Talks
About Sending People TO Jail

The California Radium Gold Mining
Company is going out Of business. The
. people back OF il have decided TO aban-
p don the claim that radium is found in
the ore produced by the company. Yes
= -terday morning a statement was made
~ The Call that State Mineralogist
Aubury denounced the company and its
claim OF having ore that carried radium
as a fake After this statement ap-
:peared there was much excitement in
the Office Of the California Radium
Gold Mining Company. A representa-
tive OF the company went TO the offices
Of the State Mineralogist in the ferry
building. Later in the day Stuart Ar
mour sent a typewriter communica-
ton 10 The Call, the important part Of
which is published.
Incidentally the representation was
made 70 this paper that Aubury denied
that he had ever said that he had de-
nounced the Radium Gold Mining Com
pany as a fake. A representative Of the
company said that Aubury had given il
q letter in which he denied that he had
made any statement TO the effect that
the concern was q fake.
This raised a square issue of veracity.
There was no question that Aubury
did say TO a representative Of The Call
just Svhat was published yesterday
morning derogatory TO the company. so
the State Mineralogist was asked
whether he had written a letter for the
Radium Gold Mining Company saying
that the company was not a fake. At
once and with some warmth Aubury
denied that he had ever written any
such letter. 1t is a fake" he again
said.
NAY GET MONEY BACK.
When the State AIineralogist was in
formed that in a letter addressed to
The Call Stuart Armour had asserted
that the company had decided to reor-
Esnize under more appropriate name,
that il had offered TO refund TO its
stockholders the money paid in for
their stock and that it had abandoned
the claim that radium is found in its
.ore. he said that il was well that the
company reorganize and refund; that IL
the money. was not refunded he would
collect evidence for presentation TO the
Postal Department Of the United States
that might result in sending parties
connected with the California Radium
Gold Mining Company to jail.
The persons who invested their
money IN stock Of the California Ra-
dunn Gold Mining Company, according
10 the text of Mr.. ArmouTs letter, may
now 90 10 the compsny's offices and
get II back. The explanation that the
company makes Of its large advertise
Inents, in which the public was eagerly
advised TO invest and wherein the cir
cumstantial statement was made that
while II takes eight tons Of the Euro
pesn ore 10 produce one gram Of ra-
diunl, Il is possible to produce the same
amount OF radium from a few ounces
OF the Mariposa County ore'-is that il
was led 10 believe so by a chemist.
Just when the company decided 10
abandon its claim OF owning ore in
Afarfposa County from q few ounces of
which radium could be produced is not
made public. But no announcement Of
relinouishment Of the claim was made
until The Call yesterday published the
straightforward statements Of the State
AIinerslogist. In us interview Aubury
said:
II viii take all possible means to
warn the public that this is a fake, and
hone that the admOnition will be widely
read for the credit OF the State. There
Is no radium in the Fitch mine ore. The
compauy that is back Of the advertis-
ing is trading on the spark OF light
that the ore shows. 1t is all a fake"
The vital portion Of the letter that
has been sent TO this Office By the COM
pauy IS as follows:
No RADIUM EXISTS.