The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-02-10
HONOR TO WHOM HONOR IS DUE

HONOR TO WHOM HONOR is DUE
week ago we gave readers little talk the turn of the
tide in local mining affairs under the caption of 1T never rains
but pours showing that for two there was super
abundance of useg Circumstances whereas that the news
had begun be Of cheerful nature would get in the same
proportion bad during the time stringent money
markets and unsettled financial conditions AT the time hat
editorial written OF the sale OF the Gale
dona property and this important deal tended illustrate TO
nicely peroato Since then other cheerful news
has continued big strike has been made in the Black
Horse property Murray the Bunker Hill Sullivan company
has increased its monthly dividend disbursement from 5 o to
100000 rejecting the improvement in price OF minerals and the
showing has improved the Alameda the Mineral Farm ana
the Reindeer.
pointing three last named properties are mpeed
to once more dwell old hobby Every reader of The
Miner has noticed comments from time to time the advan
ages the plan for development and the publicity OF
operations which entails Two the Alameda company
debt for advanced development account to the
of O the Mineral Farm was idle and the REINDEER
was threatened with dissolution by of internal strife
Stock any them worth next to nothing Stockholders
regarded them joke but painful Their effect on the
other Occur dAene companies detrimental to progress any
direction Their only salvation lay assessments and this step
directors took with the result that today we have
three nearmnes added to the list of district
which point with pride when any one comments on the
necessity finding producers Had these companies not levied
they would be idle today their shares would not only
be temporarily worthless but liable to remain so permanently
her holdings conscaed when unpatened for failure to 40
warning against investment in mining shares OF the
Occur Aene district Instead this deporabe condition what
do we see? Stockholders the qu vve of expectancy Outside
capital endeavong get and find seat the band wagon
with each effort outsider get in the stock jumping
many again expected And the beauty OF it that
has only In few months everything of merit will
be enjoying the experience The Occur dAnes will have
the which has been denied the district for long, New
AMI greater fortunes will be made than before Old holders
will emerge from poverty prosperity The old saying OF La
Sale street Buy wheat and diamonds, might be para
diamonds This jest SOBER honest truth We
were editorial utterances and will recall
that from time to time could not have been taken
jasng We have at all times considered the duty owed the
public and informed them of conditions and expectations to the
of ability at times calling forth the btterest con-
dnaton from those whose toes rod in trying to protect
readers and public from what considered unfair
unjust treatment.
In the matter publicity pass along without word
of commentator for the Mineral Farm Manager
Jquish has set thu for the district and it is hot one
took charge of the property has he failed to mai
letter every month the stockholders telling them of the
gss the preceding month and any features connection
with the work which might of interest to them Accom-
pa lying this letter goes statement of the financial condition
the treasures signature showing in detail what the work
costing and how the expense is appooned That the stock
holders perfectly satisfied evidenced by the payment of the
assessment every share Of stock the company which
Standing Manager Herrck has had big task his hands in
the Reindeer To bore and bore deeper deeper without
hope of finding anything for 5000 feet enough to take the
sand DESTROYS of making showing for his stock
holders With the levy of assessment full statement of
work done and of the receipts and has been furnished
the stockholders with result that all satisfied and
the recent sharp advance very little stock out large
body of good milling exposed and with the visit of
of Butte mining to the property few days ago is not
reasonable look for sharp advance in the price the stock
within few weeks similar result may be looked for in Min
era Farm which about be listed the Butte Mining Stock
Exchange.
speaking of management must not omit mention of the
fact that Manager Everett H. Pattison has had very difficult
task to perform bringing Alameda stage of