The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1909-12-02
SOME TRUTHS ABOUT THE coEuR DALENEs.

Peope have cot into the habit Of thinking and talking hard
times that they have actually believe that times IN the
Occur dAnes hard Careful analysis OF conditions mere WIN
eectuay dsprove any aacy There today more prop
critics under steady development than before in this
1t true that in several of the smaller properties FEWER men arr
employed but in their work is more eecve tnan
formerly was with employed In the Gays OF
greater financial when money easily secured Tor
opmen we compelled that the was OFTEN
far from careful With money be had for the asking and
for almost any kind mining stock good round hgue tnre
was tendency frequently reckless expenditure This condition
has completely changed ndwhe the process more OF less
painful is nevertheless beneficial and the good results Will be
felt later.
Stockholders in Occur dAene properties today getting
hundred of work done for dollar they furnish
Mines in process Of development which will return IN Few
dividends the entire of their opening up This ondon
will be reflected in the stock market and more money VIII DC
seeking investment in the district
Indicative the feeling of confidence in the situation may De
mentioned the organization Of several mining companies FOR
many months there little done in this direction because tnere
is no use issuing stock when no will buy it, but in the past
anumbe of corporations have been formed ana
cradle stock Sold Of the companies which have been making e
sales recently the Big Elk probably most conspicuous
owing both fact that they made without solicitation ana
people of large The property has phenomenal snow
ing after inspection number OF officials OF the 81 au
road have bought treasury stock The road runs Inc Dry
Elk ground the lower tunnel just high enough ABOVE
railroad to give ample facilities for dumping and making the load
ing of convenient President Bohannon OF the Cea
Grit mine has returned from the east where he was succss1u IN
placing considerable stock that property George Aus man
age of the Rainbow in which rich is being ex
posed has made extensive of that stock through Montana in
the past month"; and others equal success while number
of people interested various properties preparing make
trips behalf Of these corporations Everything tends to IN
belief oft expressed that next season will one OF
extraordinary activity in the mining industry in the Occur
dAenes
Dividends already ounced this month include the Bunker
Hill Sullivan and the Federal Company The Hercules Hecla
and Storm will also make disbursements BY spring the
edona Bear Top and Alice will join the list and probably the
Monarch with the possibility of several Others IS no secret
that the amarak Chesapeak ship dividends and
would do SO were not strife in the compana
on greatly be deped and of far reaching disadvantage to
the district
Approximately 80 companies are operating under
ent There some who depore this method Of providing the
necessary working funds There two cogen
arguments favor rst is absolutely fair to all for the in
slider have advantage and the big holder must pay his pro
~ o the epense second is thoroughly established by pre-
that khen is levied accounting Is made to
for the proceeds Of the prior assessments and # there