The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-03-26
HEALTHY MINING CONDITION REFLECTED
BY GOOD TRADE IN ALL BUSINESS LINES
MINING SHARES LOCAL OUTSIDE DE-
MAND-RUsA GROUND EAST OF
AND MULLAN.

The great activity in Occur d'Alene
copper stocks which attracted SO
much attention a few weeks ago, and
Of which the deal which will probably
pany by which it acquires control Of
MisSoula Copper, is the most conspic-
uous sequel has in a great measure
subsided, but it was not without It's
feet upon prices of all Occur dAlene
securities was noticeaby felt outside
the copper belt, and while prices have
declined somewhat. there has been no
local brokers report a steady demand
both from local and outside custom
crs. The fact is the investing public
seems at last to have come to realize
real merit, that the ore deposits are
far more extensive than for years sup
posed, and that mining methods both
as applied to development and oper-
open and legitimate manner and that
this district offers the safest and best
field in the west for mining invest
ments.
Much Development Work Planned.
a visitor to this district does not
have to be told that the mining in
dustry Is In a most healthy condition.
He can see that the hotels are crowd
ed and business men In all lines are
In good spirits due to the satisfactory
conditions of trade. When these con-
dltions prevail as they do In every
town in the district. 1t means that the
big mines are working at full capac-
lty and that vast amount of devel-
opment work on new properties Is in
progress throughout the district. That
is the situation In the Coeur d'Alenes
today, and evidences are not lacking
that the condition will be improved
before spring Is far advanced In con-
versation with two prominent mining
engineers this week. both Of them
stated that they had more than enough
work engaged to keep them busy
throughout the year. and that they
would have to employ assistance to
get through with it. They also ex-
pressed the opinion that all other min
ing engineers in the district were sim
larry situated. Nothing could hardly
n ct
outlook, for when mining engineers
are busy it means the working out
of plans which involve increasing the
payrolls of the district.
Many New Locations.
One Of the most noticeable effects
Of the recent stir In Coeur d'Alene
stocks Is the great activity and rival
ry in making new locations. While
the interest created in copper prop
critics started the scramble for new
ground, the movement Is not limited
to the copper belt by any means. For
weeks scores Of men have been prac-
tically camping on the ground east Of
Mullan and Burke sections and today
there is hardly a foot Of ground be-
tween those sections and the Montana
line and far beyond It, that could by
any freak Of Imagination be brought
within any known mineral zone. that
is not covered by location Some
disputes have arisen as to the rights
of lncators, and in some cases 1t is re-
ported that the shotgun was the only
argument that established the rights
of some locators. But no serious
trouble has been reported but there
is an earnest determination among the
locators to secure ground in that fav-
ored part Of the Coeur dAlenes that
elonuently proclaims the tremendous
prospective value Of the ground