The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-04-25

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costly business of running long has the right to use III
No. Success will it need to make at this time an
capital investment for machinery Mr. Samuels saws the Succes
stands ready to supply with air for power drills These factors
make the development and exploration of its upper levels an esy anc
economical business
Facts About Stock Movement
As to the radical and sudden changes the price Of Alameda stock
OF late the explanation exceedingly simple While Linn believed
that real consolidation with the Success to effected he
heavy buyer of Alameda When he realized that chance for anal
gamation OF the two properties end he became as heavy
er Whether he made lost money turn he ban nobody and
nobody need blame him.
Mr.. Linn's Statement
Since the above written owing unaed for criticism Of his
conduct based misnformaton O. H. Linn published the follow
ing signed statement in the Wallace Times
Editor Of the Times During years actual mining in this dis
have always rened from public discussion the
During said time have done fully legitimate work as anv
hidden treasures certainly as far ability would war
rant To make clear to the citizens of Wallace concerning the recent
agitation brokerage circles beg to submit the oownr
my holdings the Alameda were recently sod bought
when others afraid of it, had charge of all development work since
said development which where nature placed it, N 'f00s
The buying and selling of stock any mine not vet on dividend
pyn OASIS, is more or less speculation.
There objections made by brokers over 900 900 shares
Alameda optoned by holder local firm at cheap price
which transaction certainly dposing stock in Wholesale
manner"
As understand the mining business brokers' standpoint
some other the brokers buy sell than thew have orders
for surely no individual can be blamed therefor
1t may be true that have disposed holdings the Alameda
at too early date but have always believed allowing Others good
profit and by all the right free American citizen to
sell my own possessions when see fit to do
AS to the expert opinion of the Alameda volunteered m Snan
tale was certainly delighted with Mr. Laons
would consider however, that he would have his hands full with the
ltora without shoudering additional burdens.
AS to Rexhe sale made Rex based on my Judgment as
to the merits OF the property at the time of sale.
AS to Nine Mile-I sold
company so that statement the contrary on
ton. "
As to O. K Conodad-myse and partner took contract to
SINK two compartment shaft 200 feet deep station on the
feet in length We installed boiler hoist equipment being em
ued for all labor and material in stock rate five cents
we developed the ground thoroughly and when stock
Inquire at which considered good sale and the proper time to get
ock the cost OF our labor and MATERIAL merely disposed the
other Of stock had right This was done after hay
1esing inside information the O. K Consolidated further than this
'an be accommodated application.
Trusting that the public will accept as frank review Of the
acts, | remain ever, Very truly YOURS q II LINN
The above story concerning the negotiations was
submitted to- O. H. Linn and its publication approved by him after
ome minor corrections were made
Samuels in Butte
H. samues now in Butte He to be once more in ne
oaon with Mayo Sachs Co. The negotiations are probably
m the question Mr. Sames acquiring control the Alameda since
e has repeatedly declared that he has intention eecng con-
odatlon OF the two properties at this time Still baye changed
lis mind and come round to the Miner opinion that nothing but real
magamation Of the two properties is worth while a
Mayo Sachs Co. that they contract with
ne success company for the its No.
ears This puts the Alameda in pretty good shape case no conso
alton OF the two properties is effected