The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-01-27

SIX So s s aa sSssscs -.
s oxEl sSy
MOVEMENT IN MINING INVESTMENTS COMMENCES
The ehargy of two years broken Stocks attracting at
tenon Butte the center OF activity and Occur Aene issues
medium North Franklin started the ball rolling by advanc
ing with leaps and bounds from cents ~ and as soon as
this gave breathing SPELL Alameda an old time favore was
forced into the breach and poueed from three cents to about ~
OF be attended by reactions
in the mean time they draw attention to the market and
will eventually return Of the general public investment
in mining OF other shares which advanced without any
excitement Reindeer Msoa Copper Copper King and
Others Reindeer gone from 81 eight cents in the month
has maintained each advance without reaction There has also
been trading Idaho Copper and Copper Queen both OF which
adon the Reindeer and have continuation OF the REINDEER
ledge the former the and the latter to the east More
interest also noticeable in properties at Stevens Peak due
the proving Of ore at depth in the Reindeer
1t is generally conceded that the finding of in commercial
quantity in the Reindeer mine will be of general benefit to
the Occur Aene district than if found in any other
property This the fact that it large area
Of mineral territory and it's stock scattered nearly 5OO
and held in nearly state in the union We're IT not
for the large number holders the shares would be probably
twice high present. but at that is matter Of sur
prise that SO little the stock has the market Every
effort has been made by brokers to find people willing to sell on
the advance but has been general disappointment The
holders faith the property and the management and
satisfied tight and await the result This is of the
many advantages gained by publicity which, readers of The
Miner know, is one of this papers pet theories
From all sections of the district reports undertake
ngs supreme confidence The Murray Sun in commenting on
North Side conditions says
As the days becomes evident that the season OF
1910 will record breaker mining activity the North Side
Occur Aene district The older and developed properties
making preparations operate much larger scale than
and the output from such mines the Monarch Bear
top and Backhorse will be increased that with others which
will be added to of producers the interest which has
ready considerable capital this and led work be-
ing started number of properties and placing others
begin operations the future result in nothing
other than continuously increasing interest and activity
A along the line work is being started or preparations to
being made Deals by which the necessary funds to
development work being made by the present owners
titles passing others who in position develop the
properties.
During the early months of the winter threatened with
hndrance of mining operations through lack of water next
summer but the past few weeks than the normal supply
of snow fallen and it destined to keep png for
some time ensurng sufficient supply to feed the springs and
and keep work at high all the Everybody
is happy and confidence is supreme.
An unvaryng sign of increasing hopefuness found in the
windng list of delinquent assessments 1t not unusual
incident find at the time sale set that there is no stock
delinquent And how different it from when officers
of many companies ashamed hold sales owing the
Der stockholders who letting their shares be sacrificed
Another evidence of interest in mining is evidenced in the de-
sire mining The day this editorial is written
The Miner has received five bona de subscribers and
q from six other people for sample copies Can anybody say
this does indicate interest? 1t only requires few short
months effect complete change in sentiment and conditions
Already sentiment here has undergone material change and the
general effect being felt Where people before talked of dollars
they now talk of thousands and indeed will be easy
raise thousands of dollars for the development of merorous
enterprise year ago to raise many hundreds
One more gratifying feature the number of outside people
who are enqung for bonds leases properties Among these
are agents of Augustus enze and safe that he
being acquitted charges and freed from indictments arising
of his New York transactions he will become factor in the
veopmen of the Occur dAenes His agents have asked for the