e-Tho». Billinj?er of Portland haspurchased a iiill on a ranch near* 11 I * t Drove formerly owned by Dr, W. G (’ole of Pendleton. Anana lysis of the greater part of(hr mil shows if t* be sujtolio. ora natural polisliinjr substance inlllt; natural form. It is said that there are hundred* of tons of this material on the premises,and uminy* rnents are now being1made to plan- it on the marketIIEHKAi