The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-10-10
ANSWERS TO CORRESPONDENTS
SnOWsllOe and IdOra.

Editor Miner, Wallace, Idaho:
q Sir: thought of dropping you {
/, few lines in regard to few OF thu
: mining properties to get better un'
= derstanding. get the Miner regular
| ~ and from what | see 1t seems to be
good paper think that stock il
, now selling at about its true value
as last winter the most of them sold
too high and fool and his money are
soon parted. | would be pleased to
know II the Snowshoe is an Operat-
ing mine and II 1t has a ledge OF any
size: also II 1t is carefully operated
and what you may know OF 1t. As to
tho ldora, when they purchased the
last claims for $685. did they have
any ore bodies open and how many
claims did the company own before?
From what read in the Spokane
Review think there was some handy
work done when the transfer was
made from the Peterson company to
the ldora company. would be
pleased il you would let me know
what You can In regard to 1t.
Yours truly,
P. l.. H.
With regard to the Snowshoe. It
! adjoins the Snow Storm on the west.
covering 1900 feet OF the same ledge,
and Is controlled by the same peo-
pie. The surface work and short tun-
mel that were done by the original
owners demonstrated that the ledge
Is just as wide as 1t Is in Snow Storm
ground and that 1t contains the
same character OF ore. SINCE the
group passed into the hands OF Its
present owners no work has been
done on 1t so far as the Miner knows.
1t being the intention to develop 1t
from the No. 3 and No. tunnel
levels OF the Snow Storm mine which
would give depth Of approximately
1000 feet. So far as We know the
most westerly OF the Snow Storm
workings are still several hundred
feet from Snowshoe ground. though
they are being steadily extended In
that direction and are In ore all the
time.
As to the Idora. That company was
incorporated to take over the bond
held by Larson, Peterson & Co., as /
the Arm was known at that time,
on the old Colwyn group OF claims.
So far as the Miner knows 1t never
owned any property until 1t took up
that bond which was for $4,000.
The transaction was absolutely
square, honest and above board in
every respect. 1t is exactly what the
Orc Elmo company Is doing now with
respect to the Orc Elmo mine on the
North Side, only that that property
is bonded for $4,000. So far as the
Miner knows there was no funny
business or handy work of any kind
in connection with the transfer, nor
even suspicion Of any. The ldora
had developed ore bodies
worth great deal more than $4,000
when 1t took over the property. 1t
Is now shipping some OF this ore. The
property has been twice inspected
by the writer who considers it
mine beyond any question. though he
loes not own any stock in 1t.
Eureka and Bullion.
Seattle, Wash. Oct. 3.
Editor Miner. Wallace. Idaho: ,
Sir: Would you kindly publish In
'our paper some quotations Of the (,
Eureka Mining and Milling company ,
stock. Also please give me the name ,
If some reliable broker in your city.
Also, would like to know something /,
Bullion stock. !
A SUBSCRIBER.
As to the Bullion. quotations of
his stock will be found in each is )
Tue of the Miner. Small blocks can
,e bought or sold at these figures. !,
tut the control of the company could
lot be purchased for less than IS i
ents share IL at that figure. The de-
'elopment Of the property is now be-
ng done by contract by James H. .
Taylor. manager OF the Occur d'Alene b
ron works, who is taking his entire /,
'ay in treasury stock at 10 cents a 81
hare. The writer has examined the
property and 1t has been frequently
described in these columns In its :