The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1908-12-03
THE RETURNING TIDE OF PROSPERITY

THE RETURNING TIDE OF PROSPERITY
To any one interested ene the news from week
to week must bring hopes Of profit from the district Ore either
in paying quantities giving promise Of future commercial Values
being all the embraced in the Occur en
This not due any but entirely atru
able to the fact which many overlook that time has there been
general thorough development OF the resources TINS
And what the point there more activity an'c'
paed prepared for this winter than previous winter IN the
25year period the ene country became known as
mineral producing.
THE MINER feared boom would start be started i'm
nae following the general election This would in all probability
had the effect Of adng general advance because few would
profit the expense great would necessarily be short
lived under the circumstances the reaction would be fmgh with
grave danger Happily nothing Of the sort has occurred There is
however wholesome wholly warranted strengthening OF prices
disposition the part property holders to hold little
longer ana time there is growing demand not OF any
great proportions yet but noticeable to who carefully
This gives tendency greater confidence nevery direction
Assessed companies finding easier collect the levy and work on
broader being generally planned The outlook is most en-
eouaging, it is in fact IDEAL
In the past have been organized
with commencing active operations These not mere
noaon schemes. with money in hand and
pared considerable development whether their shares marketed
or retained treasury This in striking contrast to the plethora
Of 1906 1907 Then the only limit recognized suf
pay the incorporation fee attorney and have
glowing prospectus printed Frequently the attorneys pay was stock
and prospect Then with boom eaure printed
the proceeds the early stock sales for stock subscriptions
good sailing force and the results usually profitable to
underwriters with the kindly assistance Of brokers two three
different cities who received liberal commissions on sales and batch OF
the companys shares while hundreds Of thousands of shareholders
scattered all the country left the mouners bench
lamentations have been and vocous We have heard
them east west, north and south We commscae with them
and tell them be careful in the future But will they? In the
many the original have dropped out of sight
md their have been acquired By equipped to develop the
properties The stockholders WILL in instances get fair treat
or ambes OF this citation not true of all companies
organized 1907 Of half Of them We taking the worst
example, the public from permitting
REPETITION of such disasters There companies OF absolute
merit oted during the period mentioned solid foundation These
what concerned with Our object is that there is
of activity the country particularly this district
the unwary prevent REPETITION the disaster which
the boom referred to- Boom usually disastrous
necessity some but there the legitimate basis for general
advance mining securities Of this district and at the writing
inevitable Stocks Of all kinds have gone begging for the past
The decline has been general and continuous long drawn out
that many under the and others weaed of the
DRAIN disposed of their holdings for what they could
thus helping prices still lower level But there always bottom
market This reached some time and there
general sfng of prices People who have held begin to
the horizon that the day is dawnng
and the sunshine Of happier period about to flood the sky
Let us be warned by the experience Of the past and due dill
gcnce mining in ether lines Of commercial enterprise
The with the eloquent tongue has always the best pro-
the the most aurng advertisements
always produce the best character and the ability talk well write
atacve should egue you Make inquiry and remember
that the great majority Of mining eliminate the
supuos will give you all the help possible guiding you
profitable Investments Remember too, it all lines Of bust
ness the greater promise Of reward held usually
that greater risk equrc and the easier the money, the
you expected be gathering goen-egg
There possibilities for profits mining and they
perfectly legitimate TO make Mines however, requires money and
time Results cannot be attained Immediately and the person who goes
mining be prepared stay with it,