The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-06-09
WHAT OTHERS THINK.

When one hears pessmsc predictions and complaints 40 ~
hard times and lack Of interest in the mining industry
h relief to read such market letter the firm Of JOS
jenkins Co. Of New York send to their clientele Iney star
cit By saving The crop of dividends already posted and
pedQed for midsummer distribution the unprecedented tonnage
Of ore and tremendous volume of metallic wealth behind an
ar issues unobusve yet steady buying by lar seeing
prophetic investors and the emphatic assurance OF
authorities that underlying the levels to which an unruV
has receed are fold great influences tnst
should minimize least the danger OF further Declines II tney
do orete chapter of advances more stirring than any SINCE
the tumuuous Of 1906 Upon some Of the coppers &C.
and for still prices will undoubtedly be made wne some
"A the codsyeread issues may momentari succumb to the
oro dog days. but with the present output OF W.
cannot believe other than that the bottom to the o mas
been reached and suggest those who have been awaiting ~ ~
place their orders accordingly Nor it difficult to do &c. and
it inteigently and proftably.'
This closely corresponds with the gospel we have been
ing for months refrain from enjoying its epeton
when others conditions as we do
Continuing about the Occur dAene district the authority
says:
Developing along formidable lines and undoubtedly the most
Of series that has characterized the development OF
THE MOST PRODUCTIVE CAMP OF ITS KIND ON EAkiH'
is Caledonia Mining Of the great Occur dAene region loano
contrast with any the class ypfes has no quarter
beg Its the richest with which the miners OF district
whose powerful assures have be mined without interruption
their extraordinary riches depth of $500 feet ever went
market and although comparative youngste we nave tne posi-
tive of the bodies already exposed
with active stopg to be exhausted in four years. FROM
it the management forw ding to the American Smeng
Refining ~ TO AZ tons OF ore uay
these rich recent connection with one OF the
channels on an intermediate level revealed class that affords
reference lead contents On e 5oo level the body had
been feet when work there suspended to hurry
the raise for air 3Ooo level Of this massive body OF
gaena aordng $50 $s per 65 cent shipping
ore and goes direct the alter furnaces to be settled for in
gold dollars The condition the 3OOoo level is equally I'M
posing At the latest ent revealed width OF 81 fee
with hut one wall of the su in which exposed VI
this management advises less than 80 cent ship
ping ORE We sounds credbe sounded that way to
us until we had personal of Pres ONe OF the
STATE Bank of that representation made by Man
arer McKnn be accepted without discount whatever
Were the management provided with the facilities and were 1t
the policy to draw upon the bodies for greater
than necessary provide T the cost Of development and to
meet present dividend requirements pending the creation OF
outlet by tunnel the earnings assured could be made to
reach without effort whatever much 500 600 monthly An
outlet by tunnel which to forge its through Bunker Hill
Sullivan ground connection with Caledonia ore bodies will
reduce the operation SO cent however and to mater
ally increase the output of in the face OF this consideration
would be unnerke To complete the tunnel tap the bodies
At depth of $50 feet their Dip eliminate all pumping Of
water and do away with the of transportation
hut eight months the maximum will be required Meantime
the company insured will continue the payment Of IS
cent on the par of it's shares an increase is not ordered
As "a investment know Of nothing good at the figure At
the period Of development the shareholder participating in the
Capitalization c what is the opinion Of MINER engineer
and geoogist has examined it. RAPIDLY maturing Of
te counys greatest mines and such we commend it.
stands upon bottom Every share with the exception Of
100000 remaining in the treasury in the hands those