The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-07-14
THE OUTLOOK is IMPROVING.

Stockholders are partners in the enterprises which their
panes undertake such they have perfect right to know
what being done all times The Miner has stood tor pub
cy the conduct OF mining enterprises and mas nad tn
of companies particular the mineral
Farm under the management OF Louis aquish OF Spokan
making report every month of conditions as they exist giving
each stakeholder equal opportunity to know anything that may
influence the value of his holdings and entirely obvatlng
the spectators rushing and making quick turns
expense of the legitimate holders when something favorable
may be expected to develop in the workings
great many other companies make reports various inter.
vas some 60 days 80 days apart In general the ten
denc has been keep shareholders informed and the result
been entirely beneficial
In this connection we want impress stockholders their
right to know what is being DONE If holder Of stock asks
such report and is with refusal the plea that having
sh report printed is too expensive just sit down and write
the secretary of that to furnish The Miner with an
official report operations expenditures duly signed and
paper will publish it without any cost making only provi
son which justice readers demands that If the report
submitted long the space from standpoint
will make the necessary abbrevatons without in way
altering the bring it down to the space to which we
think it is justified by reason of its news value
In bringing this subject of publicity naturally refer to
As have pointed out times the companies
which almost invariably make reports both Of progress and
of financial condition The with which assessments COL
ected when the proper information available and made public
for the holders benefit ndsptab proof of the value OF such
information And in companies assessing regularly gradually
diminishing list of denqucns almost always noticeable The
long lists published usually Of companies that nfe
quey have been imperative for time and the holders OF
stock have moved without giving due notice of change of address
the office the company AS people become accustomed
this detail is being attended and less trouble is
ensuing therefrom both the holders and the company
The value of being proved monthly by the
Der of companies steadily developing this basis There is
longer prejudice existent towards assessments Many
critics which would otherwise be idle working steadily and
the day drawing when the treasury stock will command
values nearly approaching its intrinsic merit and will
vide funds larger equipment when the value of the property
has been proved In this district with abundance of low grade
concentrating plant usually required to operate
icay. The treasury will provide funds for this final
addition which will frequently place property the producing
and dividend paying basis
having shares outstanding have changed
aessab stock and prepared ahead with steady deve
o,men not being dependent the of salesman the
whm Of the public provide funds for working What greater
proof Of the efficacy of assessments is needed?
This week. old friend the Reindeer developed entirely by
the last years. has male its initial shipment
It is supplied with good road to the railway and spur at the
loading place and will make regular shipments hereafter large
body exposed of high grade while the low grade
material taken of development and dumped being
concentrated by hand g and turned into product which
ages 6 II per The company has indebtedness and
b. shipping four to five month the
accumulation Of surplus fund.- operating expenses which
will be applicable to dividends The benefits of this company