The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-06-03
MINING OUTLOOK GOOD
EVE OF GREAT ACTIVITY
w. n. NICHOLS SAYS THE OF.
PoRTuN!TY FOR PROFITABLE
INVESTMENT is GOOD.

w. H. Nichols, of Butte, was in the
city Tuesday, having come up from
Wardner- Kellogg, where he completed
arrangements for the future deyelop-
ment of the East Caledonia. which MAS
formerly known as the Heating. The
East Caledonia company was incor-
porated few months ago, the incor.
porators and present officers, with the
exception of Mr.. Nichols being local
business men. Mr. Nichols express sen
great confidence in the outlook for the
property and for the Occur d'Alene
district in general. In the course of a
conversation with him he said:
Great Lead and Zinc Mines.
You have the greatest lead silver
mines in the world most promising
copper properties, and your zinc mines
are most wonderful which are con-
stantly producing real wealth every
day. These are indisputable facts ano
are shown up in the form Of your
large payrolls and the ever Increasing
size of the dividend checks sent out ~
the many stockholders in your several
mines. Thousands are employed in
your mines at large salaries, and they
are paid promptly every month. IN
other lines Of endeavor, such as the
farming, ranching. fruit growing, etc,
they have a pay day once a year
(maybe) and in the manufacturers
lines the pay days are governed solely
by the law of supply and demand. New
money and wealth are being constant
ly put in circulation by your mines,
employment Is given to thousands of
men at high salaries and wages, your
towns are being improved, built up and
made to be a pleasant abiding places,
your merchants and business men are
being made to feel that there is some
thing worth while in this community
and are constantly putting their best
efforts forward to boost their respect
I've ci.ies, and outside capital is com
ing in seeking investments that are
are indisputable and 1t behooves every
one in the Occur dAlene country 10
put his shoulder to the wheel and
boost for his own community
More Mines to Be Made.
"fhe point Of the old prospector's
pick has disproven so many of our
wise mems theories, otherwise we
would not have thirty million dollar
silver lead zine mine in the Pritchard
formation; the Stewart mine, which
has been reported worked out over I
hundred times. but which is still pro- I
ducing nice fat dividends right along;
the Caledonia, Success, Hercules, Hec- I
la and countless others right here IN !
any possible doubt that this is the s
place to keep your money and put It 10 9
work in the development of your local !
There is more than one n
Interstate or Hercules or Hecla OF Il
Bunker Hill, and there is a thousand p
Successes that are awaiting the work u
Of some pioneer that has the courage q
Of his convictions to go ahead and 40 Z
this While that same prospector can 4
not obtain thirty dollars worth of grub, p
that while all wise men consider his p
hole in the ground worthless, still that n
same prospector after many trials and a
tribulations develops a real mine and b
1ver night becomes one of your leao- Ia
ing citizens and prosperous capitalists. p
Eve Of Great Mining Activity. o.
1.-The basis of all wealth is mother r
Earth, the best proof of which is that CO
/ great many of your leading banks
arge buildings and other enterprises
IF western cities have been financed =,
1y that same indomitabe prospector a,
who secured his money out of the n,
mines Of this western country, espec in
ally from the Butte and the Occur u,
lAlene mining districts. Nevertheless, -,
while great many of us have be- h,
,ome pessimistic as to the making OF cc
money, this is the opportune time, "a -,
We are just about to enter into the a.
,reatest period of mining development h
hat this district has ever expert 70
need" so