The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1909-06-10
THE Average Circulation of The
Wallace Miner for the three
months of January, February and
March was 1927 copies each issue
GEO. F. STONEY, Editor

THE MINING INDUSTRY
Good continues Fortunes have been made in
the dAenes but in and greater than those
that have passed history The demand for mining property
in this country said to be greater than before Experts
quietly examining properties and reporting to their principals
and the fruit will develop long, In last weeks issue we an
big strike in the Standard mine at great depth and
plans for materially charging the Morning concentration The
1OOon of the Bunker Hill Sullivan mine will
90 before long, Some of the smaller properties
preparing up mills and for treatment of
will be tried in various sections Of the district The Seattle
exposition proving the drawing card for Fasteners that
anticipated and at this writing there special Pullman car
standing the tracks here with delegation of 80 to 5 Wsco
sin business and their families route the fair who are
making their first visit Wallace and many whom will invest
in giant industry They here especially to see the Occur
dAene Vulcan property which, under the of John
Seer spenddy equipped and making record for efficient
and economical work. Mr. STEERS method of bringing his stock
holders and their friends to visit his property worthy of emu
aon by others whose shares largely held in the east The
Occur dAene district will enjoy vast amount Of advertising
from this delegation Every member of the party delighted
with the country and be informed of vast
and visited of the principal mines and mills in the district
Each will home spread the praises of the Occur dAenes
in intelligent and authentic which will have
ave effect and be the means Of bringing capital
to add poductveness and make friends and fortunes
for the district and for those who believe in it.
Information of cheerful nature from the Mineral
srngers high grade gaena the hanging wall This
the effect that another snger of rich cut few days
ago and the footwa approached believed will
b, encountered
The Reindeer company which has been the cynosure of all
eyes for time being watched with greater interest than
For time indications have been deemed favor
able and there question Of the ledge being found place
This week. while yet distance from the ledge sought there
Of pyrtes Of copper and passing through this
three of diabase only this morning the first
nation received Of this condition and the floating supply Of
Tho h;1o
mant peculiarly sensitive and the slightest advance
withdrawal of offerings that with very little demand much
higher prices all along the line be expected This paper has
persstent urged its readers to hold to their stocks 1t still
of the belief that of unexamped prosperity for
the Occur dAenes and market for all legitimate issues will
soon be found
The attention of the editor has been called by we'll known
and successful mining expert and mine the fact that
failures of mining companies when the directory and
ment actual mining almost unknown This is not
due entirely to the direction of the operations but parc
y to the fact that they will not be deuded into attempting
make mine where the possibilities for doing nnitesma
The gentleman quote has studied the information obtain
able bearing this matter and result he says that the pub
lie invest in mining with confidence and hope
of than many the called staple lines of commercial
industrial activity The Miner has data bearing this
subject which would enable it provide statistical proof but
this paper always has urged its readers make careful enquiry
about the management of mining companies before investing
With the good weather all prospects being put under de-
vepment arrangements being made with this end in view
Again would call attention to the difference between idle and
active properties Any prejudice whch still exist against
being qnky dpated The public is learning
have faith in the assesabe by that we
companies which do Where levied
there is shifting the burden Of providing for development
Each stakeholder his rata the interest he the
company There is mutual protection for stockholders Each
does his share the interest held prior
esent There another feature about assessing companies
al
statements No assessing company thinks of making levy
without accounting stockholders the proceeds of the former