The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1908-11-26
WHAT WE SHOULD BE THANKFUL FOR

WHAT WE SHOULD BE THANKFUL FOR
Thanksgiving has This period
when usually indulge in little retrospect and ask ourselves con-
scenouy what have be thankful m Residents Of the Occur
people interested the mining industry have ample
thanks giving How different all from Then
facing period depression If not actual pvaton and the
could forete Today all changed We the
experience adversely the year and the
prospect bright indeed All around evidences OF the improved
feeling and look forward with enthusiasm to the which will
dawn
We quote no less authority than the National Manufacturers
stating that the report that $50 900 idle being
put work authentic This number being distributed in the
lines Of industry but that volume of badwnners, let
bear in mind is significant and the prosperity of not under
100000 persons place the estimate low 1t though
in the large cities had been facing cold fooess winter and had sud
denly found prosperity.
The past of curamcnt all lines Of proluc
tion consequently of materials almost exhausted and the
demand sprngng is travelling fast from the retailer to the
wholesaler thence the manufacturer and finally those who produce
the material This demand has stimulated the market
pecaby Eecoc copper selling readily high asst 5s cents
pound and the Lake brand close to Is cents that the large
have begun place their heavier orders The truth the big
orders only beginning maeal starting right after cleo
ton One of the largest electrical companies, which usually
100000 pounds copper year, recently stated through official
Of the company that the directors considered copper very cheap
where under 10 cents pound and that the not only pac
ing larger copper orders but also buying the ratio all other
materials needed The business Of this twice what last
summer and is still broadening out at rate that oeels much
heavier normal business than recorded before in boom times
Wire and brass manufacturers have been rushing things and they have
been responsible for considerable OF the advance the Of metallic
That earlier predictions Of Decent copper before the close Of
1908 will be borne out universally reiterated In fact only
fraction cent nteryenes between the present price and that figure
One Of the largest selling agencies in the country recently stated
that its had sold all the red metal dare sell at tme that
good business judgment prohibited parting with
lng levels They have contracted r everything above ground and
fear they cannot meet the demands fast enough By the end the
month"; they telling Decent copper will be reality which
change from few weeks when the end OF the set the
time for this level Orders being booked well into the
producers agents the boom struck than ant
pated The outlook has been brighter than is this time and
it problem there will be likelihood Of short stop Is
cents The Calumet Heca people accepting orders this
me and is doubtful that corporation will be able to book orders
for period great has been the demand These little
for electricity and electricity power and these demand
unless their clearly defined.
Senator William A. Clark in going the situation and the
look pointed to the fact that Is l6 pound
the copper market will not high This he refers the
bunder OF 1907 Around Is it that European and
will take all that produced and will need
much than the total present aggregate production But
to climb again 20 and shall experience corresponding
curament of orders and almost certain drop in the Of
metal due to the We gather however, that the
business interests that associated with copper going
the chance of repeating bad position, and it conservative
that will be exercised in the government of the red
market.
In the past few years has been fully demonstrated
dene district has vast deposits of The Snowom is ship
approximately $50 day and almost weekly hear
discovering good copper ledge With price this metal
secured around Is 6 cents expect production copper
this district in the future in proportion other
than il has been in the past.