The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-07-28
HIGH METAL PRICES PROMISED.


Despite the midsummer dizziness prevalent there is ind
cation that the public taking notice and the large interests
preparing for activity in economical matters pertaining to mining
The copper producers in session the other side Of
the Atlantic preparing for the gigantic which has been
talked Of and by supposed have been dropped The
however that the details have been worked the last
six months and presumably everything is in readiness to put
through this time This will be regulator for the supply and
living price for the product of the copper mines will be assured
The lead market we'll able take of itself and
have often stated with the advent of producers outside the
Occur dAenes look for substantial advance the price
of this mineral within the next few Early in the we
predicted six cents during 1910 and cents before the end Of
1911 We this time revise these estimates and
believe that the future Of this district will be greater than the
anguine would dare imagine much less publicly predict
That the Occur dAenes will have new large producers
goes without saying and the only question will the increased
production be great enough the predicted advance
price, We think principally for the that anticipate
gradual decline in production from other lead producing camps
sufficient to ovebalance this well reducing the total output
The price already shows stenng tendency The supply
hand not large and diminishing from month to month"; and
very few months curaed production with normal consumption
works wonderful change in the supply and demand.
The amount of development work being done now may be
judged from the constantly increasing list of companies carrying
Never in the history of the Occur dAenes has
there been such number of running glance
the list page five will surprise readers These have
been gradually growing for the past 80 days. In April there
"a alive This has gradually approximately
40 April 19O9 there ~
ments which increased @ for the corresponding week this
July The presumption that during the four months
the list of assessing companies will SO the
panes which lie idle during the will to
vide for the work legally required hold their
erty under mineral location.
This week the Satese Consolidated company leves its first
assessment For long time efforts have been made put the
property operation by other without avail We expect
stockholders respond promptly putting
alton good looking prospect and giving value to their shares
which have been unstable during the long period of inactivity
With the possbityyes probability losing the claims through
failure work of sound mind would the stock
with little development the shares should have good
value There several other companies similar condition
be faced But of the opinion that the
antpay assessments often from the directors and
the who have large holdings than from the large majority of
who have blocks of from 1000 to 900 shares Not in
frequently have enquiries this Office about idle properties
from stockholders who they would gladly pay
keep the property working and have chance of developing
nine Money tied up idle prospect much the
buying farm and failing till it. There of the chance
that other desire purchase at increased
price There is the opportunity in the farm but in either
the improvements made the value attaches to the
property and the less improved the smaller the chance of making
a sale.
We happy last week that arrangements had
been made for operating the Darby We know similar
other properties which have yet reached stage
where public be made without peudcia effect
plans will be maured sufficiently to give the public the
benefit of the information
We also know of companies which have een endeavor
sell treasury shares sufficient quantity for