The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1911-03-02
INDICATIONS FOR 1911.


Mining men predicting year great activity min
ing which opinion fully far 1t concerns
this district.
The future has not looked as bright since 1907.
Many prospects which have been idle for the past
years finding trouble in for develop
ment purposes.
We look for the mining business be established
sounder basis than it has been in the past.
Many Occur dAene prospects which have been idle, or
almost So for years, will be worked this and
of them will develop into producers
The added shipper the list in the Jack
Waite, and Black Horse will be in the class.
has had the Caledonia added to its big
dividend payers and the Stewart will begin to reimburse
stockholders In the Muan section the Morning mine of the
Federal company Gold Hunter both of which have
operating loss for several have past
difficulties and working profit In the Burke section
Marsh Mining has become shipper and should
nav dividends future In the Pine Greek section
the Surprise shipping steadily and several other properties
vicinity reaching interesting stage of de-
velopment.
One of the pecuares of this part of the district is the
uncertainty the bodies e Several of dvi
payers walked for and thought worth
person had faith enough to spend the necessary
cash to open them up condition gradually coming
on Pine Creek There work in progress there at the
present time before and contemplated there
than was thought possible for that section few years ago
That we are entering prolonged period OF pros
perity for dAene district assured Go where
YOU you the sentiment expressed that mining going
r. have its INNINGS have waited patiently and
hoped for this We have had full confidence in the future
hut the wait has tedious and holders of stocks have be-
come weary in This not to be wondered at
Three wears of declining prices calculated to the nerves
of hardest those who have had the courage to stand
pa will be amply rewarded and the day of compensation is
not far off.
In talking with bankers brokers' promoters and merchants
in Portland Spokane during the past week the editor OF
this paper was aereeaby surprised find sentiment uniformly
favor mining Everyone who has at any time taken an
interest in attracted than for three years.
Brokers are receiving inquiries about securities and properties
and are also getting increased orders The inquiries will pro-
kaby rpen and this will clear the market
Of floating stocks public will be surprised to awake some
morning to the there standard stocks
on the bargain AS the cheap offerings are
absorbed prices will jump rapidly OF course there will be
he General tendency upward and each reaction will
have tendency weak holders and lay sounder
foundation for the next advance.
with the first advance market prices OF securities
will be amusing watch the rapidy with which scarcity
If offers to sell about. When there no disposition
r. bv there are plenty SELL AS soon
those wouldbe sellers that wants their stock
ev are not sell and begin to think the other
fellow wants it expect make money there
f- and MIGHT hold The moods OF the trader
Il s+octs are very variable Any little piece of information
+ te property the people connected with the property
80 etono influence him, and than ALL he is guided
~ "hunch." 1