The Wallace miner. [volume], February 27, 1919, Page 5, Image 5

About The Wallace miner. [volume] (Wallace, Idaho) 1907-current

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The Banker and Mining
j
(Frank B. Anderson, president' of
the Bank of California, before Ameri
can Mining Congress, at San Francis
co).
Your chairman has given me two
suggestions—one the duty of the
banks, and the other the duty of the
clients of the 'banks. The banks in a
locality are charged with the duty of
seeing that the resources of that lo
cality are financed in some way. Whe
ther or not it ts possible for the banks
to directly engage in that financing Is
another question. We are living In a
comparatively young country—in a
comparatively young section of that
country. We are living under a dem
ocracy, and sometimes I think of the
story that was once told me of the
discussions oif, 1 think, the constitu
tional convention, when there seemed
to be so much doubt as to the nature
of the different classes of government.
One of the delegates from New Eng
land got up and made a speech bn the
subject of what constituted a monar
chy, and xvhat constituted a limited
monarchy, and finally what constitut
ed a democracy. He said that a mon
archy was like a great ship that plow
ed across a smooth ocean, lights burn
ing, (bands playing and the passengers
all happy, and struck a rock and went
down; that a democracy was like a
1 aft: you could not sink it, but your
feet were In the water all the time.)
That applies as well to the banking
business of the United States in the
past. Wle have in this country about
28,000 (banks. Unfortunately we are a
few shy of 28,000 bankers. The prime
duty of the men sitting at the head
of those banks is to keep their insti
tutions in such shape that they can
respond to the demands of the people
whose money they are loaning. Their
prime duty is to keep their Investment
in such liquid form that they will J>e
able to respond to the demands of the
community, the demands of their de
positors, and so that they will not
bring about a failure on their part
which will be reflected in every walk
of life In that particular community.
The banks of a city like San Fran
cisco have a peculiar duty, as the re
serves of all the country banks are
entrusted to the city banks and their
duty to keep their funds in liquid
shape Is a much sterner duty than the
duty of the country banker, who has
no such obligation to perform.
brought up in that wicked street
was
called Wall street. I came to Cali
fornia in 1903. In looking over the
banking situation it was perfectly
clear to me that the banks were call
ed upon to do a great deal of financ
ing which was not proper financing
for commercial banks to do.
time they had to do It In order
to perform the duty that your chalr
apeaks of, and that is to bring to
At the
same
man
a high point of development the re
of this territory. The coast
sources
lacked a number of different pieces of
financial machinery: the bond brok
er, the note broker, for Instance,
induced those men to come out to the
We told them of the opportun
They
We
coast.
ity there was on this coast,
came; and I remember with
amusement that some of the bankers
gather resented this foreign money be
ing brought Into this territory for the
purpose of competing with their mon
ey. The answer seemed to me to he
* perfectly obvious, that if their money
fields, and plowed
some
came Into these
of these fields, I get my shpre of
You gentlemen know
different agencies have
any
the worms,
that these
this community many
and
brought Into
hundreds of millions of dollars,
you knoxv that these dollars, working,
seeking the reward that they were af
ter, have aided in (building up a great
many of the industries of the coast.
This coast has never had anything In
the nature of an exploration company.
needed something in
It has always
the nature
of an exploration corn
formed by men
a company
pany,
whose character was high, whose cap
ital was large, xvhose capital was sub
scribed for the purpose of taking risks
subscribed for the purpose of investi
gating prospects, bringing them into
being, and bringing them to a point
where the banks were Justified in
making loans, and bringing them to a
point where they xvere Justified In of
the securities to the public.
There have been small groups on this
coast who have taken those risks as
There have been large
that have come from the older
of the country—Nexv England,
There have been large
from England
fering
Individuals.
groups
parts
for instance.
groups that have come
and from France; but the mining in
dustry, beginning at the point of de
velopment, is one that has got to be
carried on by venturesome capital. It
finally passes that stage and It gets
to a point where It Ih nothing but a
manufacturing proposition, a question
of whether or not intelligence Is used
In directing the enterprise, and whe
kept down, and
ther the costs are
whether there Is character sufficient
to keep enough of the reserve back of
you so that you can continue to con
duct your enterprise xvhen your
is pinching out. The attitude of the
bank that I happqn to represent to
the mining Industry Is practtc
ore
ward
ally the same that It Is toward any
other Industry. If there Is character
back of the management, If the men
have the reputation of being experts,
If they have the reputation of being
honest—In other words, if they have
character—the bank that I represent
has aided thoee men, and the other
banks In the city of Ban Francisco
have aided many of them. I can think
of Instances where the banks, travel
ing along. In the tine of least reslst
when mining enterprises hav-e
gotten into difficulties, would have ex
ance,
eretsed a banker's lien, taken the de
nosit that hantH-nml to lie there to
posit that happened to be there, Jo
in
stances where the Links have refrain
eil from doing that, and have put their
shoulders to the wheel, and have ear-I
tied the undertaking to a sound reor-j
-Most people think that
the banks lend against collateral
tlrely. That is a false Idea, The com
cancel the loan and say,
"We
are
sorry. Go ahead ami work yourself
out." I have known of several
gunization.
mercial banks, very few of them, lend
against collateral. The banks loan
against the statement of men in whom
they have gained confidence and whom
they trust.
So far as the duty of the client
goes, ledo not know that 1 can blame
all bankers, Mr! Chairman, for meas
uring every line of efTort with tile
same yardstick. There are few busi
ness men who realize the value of
one asset that they have got. There
are very few of them that will take
the trouble to educate their banker in
their particular line of business, and
by educating him unconsciously make
him become Interested in their prob
lems. A number of people resent even
the questions that their bankers ask,
I don't know exactly xvhy; but there
is no more valuable asset that any
business man has, il xvill say over
again, than that of forcing his bank
er to know his business and to un
consciously become interested in his
problems. So much for the duty of
the client.
The banks of the country have re
cently given evidence of their attitude
toward mining in the large flotation
of the bonds by the Anaconda,
banks of this community have given
evidence of their attitude toward min
wlth
The
ing Investments
such companies as the Natomas com
pany and the General Petroleum cor
in connection
poratlon. The type of mine that my
friend over here represents, if it ever
1 money, would have no difficul
ty ih getting it; and the type of mine
that all of you gentlemen represent.
If you run along the same lines. You
never had any difficulty In getting
money from your bankers, and you
never will; tout the banker can not
loan its funds to exploit or develop a
mining enterprise, whether it be gold
or oil or what it nifty he; but the in
dividual who wants to exploit that
particular prospect, if those individu
als are known to have the expert
knowledge, if they have formed a
habit of telling the truth and keeping
their word, they can toe helped, and
they have been helped in the past;
and there are men in this room who
can testify to the fact.
net
The problem that confronts us in
the future is a difficult one. I have no
solution for it. It is extremely inter
esting to me to sit down and listen to
the guesses of the men who have
solutions for them. They are no bet
ter than guesses. Some of them ure
fascinating guesses. The situation in
which we stand today is one where
we have got to pick up each day as it
comes and solve the problems of that
day, and to keep our heads, keep our
courage, and exercise our usual com
mon sense. We have successfully
solved the problems of the past: we
may have made a good deal of noise
about It and made a lot of xvaste, but
i\ve have solved them, and I think xve
will solve the problems of the future
in tht same way. I hope and pray
that men who havfe the influence
that you gentlemen have will make It
known in no uncertain terms that this
country was made through personal
Initiative, and we want to get back to
personal initiative as quickly as we
can. The demands on the government
for all sorts of expenditures and com
missions for reconstruction problems
are insistent; some of them sound,
logical; some of them should be un
dertaken; but the government has got
to be made to understand that it has
got to live Inside of its income, and
live inside of an income that the bus
iness man can contribute without par
alyzing his business. You gentlemen
are Interested in the thing that inter
ests the whole people, and that is to
the dollar get back to Its purchas
ing power. The expenditures of the
government during the war have ex
ceeded the amount that can be raised
by taxation or by loans from the ac
tual savings of the people. The ex
penditures have been upon a seale
that has never yet been attempted;
necessarily so; and because the ob
ject that we were trying to attain
was so high up—hung up so high that
everybody could see It and understand
'it—the population got back of It, and
had no patience with the theorist or
the politician or anyone xvho objected
or tried to work against it. The peo
ple could see the object and they went
for It. But we were forced Into a po
sition where iwe had to spend money
1n a year and a half a lot of which
we ought to have been spending over
the last 20 or 25 or 40 years,
father of every generation in this
country since the foundation of the
country has either had to put the uni
form on his back or he has had to sit
by and look at a war. There is no
doubt there are men In this room xvho
can go back to their family record and
find that the father of every genera
tion has had to put the uniform on his
back. There are men sitting In this
room that have seen this country in
three wars, and yet there has been
no sentiment whatever to make any
preparation, or to give any of the
young men growing up any teaching
'that would aid them to carry out the
duties that were going to be thrust
upon them as it was thrust upon their
fathers. Necessarily we had to spend
a great deal more money than would
have been necessary If we had thought
see
The
I
ahead n little.
It 18
Xow that Is not only true in regard
j to the question of preparedness.
I true in regard to practically
thing thut we hive to undertake \v»
i i i . , .
. have been busy during ail these gen
and developing a
vast rich territory The
rewards for that development right
under our nose was more attractive
than the rewards from the outside.
We were too busy to care very much
about the character of people that
j were elected to ottice, many of them
en-'earnest men, but men whose knowl
edge was confined to the needs of
... . , „„ . . .
tleir own localities; and practically
all the laws that we have on the stat
which were put
have reached a point where, in order
.
up me pur
chasing power of the people that have
been built up around those great
manufacturing institutions, we have
. , ,
got to seek the trade of the world,
and we have got to go out and com
pete with peoples who have spent
hundreds of years and thousands of
lives and millions of dollars in en
... 1
mi. ugi ai
eommercial stand
point) and we have to compete with
ex er> -
erutions settling
great big.
ute books are laws
there by brains and minds that un
derstood local problems only. We
to keep our great manufacturing
stitutions going, to keep
in
tienchtng themselves in
points (from the
them with laws that practically make
it impostible for us to compete. We
have got to get that thing hung up so
that the population can see and un
derstand it, and then sweep aside the
that will
j
as
by
theorist and demand laws
allow us to compete successfully.
To go back a minute, I said that the
government had exceeded tile amount
that could be raised by taxation or by
loans from the actual savings of the
people, necessitating the creation of
credits with the banks direct, and
through the people with the banks, to
enable them to carry out their duty
in purchasing these new credits, with
the result that the purchasing power
created has exceeded the purchasable
goods and services, resulting in com
petition for those goods and services
between the government and its own
people, and consequently driving up
prices, which has created a harlshlp
for the people of the country, and
particularly for the gold mining in
dustry, whose product is at a fixed
price. A sound permanent cure car.
come only through an absorption of
that credit which has been created,
by actual savings, by a cessation of
borrowing on the part of the govo. 1
ment as soon as ti is practicable, and
by an understanding on the part of
the government that it must reduce
its activities to a point where it can
live xvithin its income, and within an
income, as 1 said before, that can be
collected without paralyzing every
line of effort. The situation can only
be cured, as I said, through genunie
savings. Continued borrowing be
yond the power of the people to ab
sorb will only retard the return to
normal prices and aggravate the sit
uation that exists at present. Abnor
may taxation, such taxation as we
have today, will
paralyze business,
tions which, if they could liquidate
today, would be in a much better po
sition than if they continue to do the
business because of the fact that the
day is coming that they will have to
or
to
of
or
p.
initiative and
kill
I know of institu
liquidate their high priced assets at
declining prices. The quick solution
of the problem, again, I say, is econ
nation and
omy on the part of the
the people; and to the extent that this
is observed the purchasing power
the dollar xvill be restored,
extent that it is ignored the purchas
ing power of the dollar will decline.
Mere creation of money
xvill not solve the problem. The bills
or
To the
and credits
of the past have got to be paid by
goods and services, and the nation
that works the hardest, that produces
the most, and that consumes the least,
will be the nation that gets out of its
problems he quickest.
ORDINANCE NO. 138.
ied
as
AN ORDINANCE DEFINING AND
LOCATING THE CHANNEL AND
RIGHT OF WAY OF PLACER
CREEK AND FIXING THE WIDTH
OF SAID STREAM WHERE IT
FLOWS THROUGH THE CITY OF
WALLACE FROM A POINT ON
THE SOUTH BOUNDARY LINE
OF THE 'CITY OF WALLACE TO
A POINT ON THE MONUMENT
LINE OF HIGH STREET 153.10
FEET WESTERLY FROM THE
MONUMENT MARKING THE IN
TERSECTION OF FIRST AND
HIGH STREETS OF THE CITY
OF WALLACE, AND MAKING IT
UNLAWFUL TO BUILD INTO OR
OVER STREAMS IN THE CITY
OF WALLACE.
1
BE IT ORDAINED BY THE MAYOR
AND COUNCIL OF THE CITY OF
WALLACE:
of the
stream known as Placer Creek, where
Section 1. The channel
w
INTER NATIONAL
m
■■
lire
.
3
HOLDS ALL RECORDS
AU Sizes and Forms CARRIED IN ST 9^
Exclusive Agency "Lidgerwood" Hoists, Etc.
WESTERN eouipmISjco.
AND
Liill.ll llilnl'i! "Hi.; (,iii (Hll f! ..'.i l, r .i:: .ii :n 1' i; 1,X I If. );;ll
South 5 Stevens Street, SPOKANE
I
it flows through the City of Wallace
from a point on the south boundary
line of the City of Wallace to a point
on the monument line of High street
153 10 feet westerly from the menu
ment marking the Intersection of First
and High streets of the City of WtU
, aoe ts , u . rob> located, designated and
established as follows, and the follow
ln * lines of survey and location are
.hi 'A* "T. 2 f ,
of'said'placer Creek, to-wit ■'*'
Beginning at a point on the south
boundary line of the City of Wallace ;
^ {'"J'.^saW* ; UrUmdary, Tm?
ning thence north thirty-six degrees
forty-live minutes oust, forty-one and
n .° hundredths feet to a
thence north forty-six degrees
minutes east, sixty-four and tw
hundredths feet to a point on
southerly line of lot live,
South Wallace Townslte
distant easterly from
corner of said lot five.
sixty-five degrees no
one • hundred twenty-live
point; thence north fifty-four degrees j
n o minutes east seventy feet to the 'be- ,
ginning of a curve to the left: thence
along the circumference of n curve
nu1ius is ; °" p hundred fe f*
and whose central angle Is sixtv-six
degrees no minutes, sixty-three and
thirty-six hundredths feet to mid
of curve; thence north twelve de- j
gives no minutes west, one hundred
eighty-live and ninety-four hun
dredths feet to a point oti the north
]| np of ]ot onp two. South Wal
lace Townslte, one hundred forty
three and fifty-four hundredths feet
distant easterly from the northwest |
corner of
-
point.
five
enty
t he j
block two,
twenty feet
the southwest
thence north
mlnutes east,
feet to
a |
thence north !
mi id lot one;
seven degrees n,
minutes
east, rxvo
a point; thence I
hundred eighty feet t
north eighteen degrees five minutes
°^ st ' on f hundred twenty-four and
ninety-six hundredths feet to a point:
thence north live degrees no minutes
east, one hundred ninety feet to a
'Point on the monument line of High
j Street one hundred llfty-three and
ten-hundredths feet westerly from the
monument marking the Intersection of
First and High Streets In the City of
Wallace.
Sec. 2. The width of said channel
and water course of said Placer Creek j
shall be and the same is hereby es- I
tabllshed at twenty-five (25) feet, that |
Is. It shall be twelve and one-half
(12Mi) feet on each side of the line
hereinbefore described In Section One
of this ordinance.
Sec. 3. Ii shall be unlawful for any
person to build into, over or upon any
of the streams or channels of the
streams of any of the creeks or water
courses of the City of Wallace, as the
same now are, or as they may hereaf
ter be established therein, and any
person violating the provisions of this
section shall be deemed guilty of a
misdemeanor,
thereof shall be fined In a sum of not
less than twenty and not more than
one hundred dollars and the costs of
prosecution.
Sec. 4. All ordinances or parts of
ordinances In conflict herewith are
hereby repealed.
Sec. 5. This ordinance shall take
effect and be In force from and after
lls passage, approval and publication
as required by law.
Passed by the Council and approved
by the Mayor tills 24th day of Febru
ary, A. D. 1919,
nd upon conviction
HOMER G. BROWN,
Mayor,
ATTEST:
DAVID H. DELONG,
City Clerk.
F2 7--11
NOTICE OF ASSESSMENT.
Office of the Sabina Mining (t Milling
Company, Wallace, Idaho, February
15, 1919.
Notice is hereby given that
meeting of the board of directors of
the 'Sabina Mining & Milling com
pany, held on the 27th day of January,
1919, an assessment of three (3) mills
per share was levied upon the capital
stock of the corporation, payable on
or before the 7th day of April, 1919,
to E. C. Allen, treasurer, at the office
of the company in Walalce, Idaho.
Any stock upon which this assess
ment remains unpaid on the said 7th
day of April. 1919, xvill be delinquent
and advertised for sale at public auc
tion, and unless payment is made on
or before said date, will be sold on the
28th day of April, 1919, at '7:00 o'clock
p. m. at the office of the company,
(which is also the office of E. >C. Ai
len, secretary of the company, Wood
land Park), to pay the delinquent as
sessment thereon, together with the
costs of advertising and expenses of
sale.
u
E. C. ALLEN,
Secretary of the Sabina Mining and
'Milling Company, Phone 434 W-4;
Woodland Park, Wallace, Idaho.
F27-A3-6t
NOTICE TO DELINQUENT STOCK
HOLDERS.
Office of the Friend Mining Company,
51U Empire State Building, Spokane,
Washington, February 19, 1919.
Notice is hereby given that there is
now delinquent upon the following de
scribed stock on account of an assess
ment of three (3) mills per share, lev
ied on the 18th day of January, 1919,
the several amounts set opposite the
names of the respectlx'e stockholders
as follows, to-wit:
No. No.
Cert. Shares Amt.
.249 1000 3.00
..383 1000 3.00
.412 1500 4.50
5000 15.00
614 2200 6.60
675 2500 7.50
Name
Anschutz, U A
Addis, Wm T .
Boyd, Frank W
Bostrom Carl Hilding5S5
Draper, H W .
Draper, H W .
DaCamp, .Miss Stella
3.00
639
1000
.1
DeCamp, Miss Stella
1000
3.00
641
.1
3.00
1000
Elchaneaur, L V ....304
Evans, T G
Evans, T G
Evans Mrs Martha H 507
Evans, Miss Lucy ..510
10000 30.00
10000 80.00
10000 30.00
2000 6.00
505
506
Ex an«, Coleman l) ...509
Evans, Sidney B ...511
Fritehey, W E
Fitzgerald,
Gilbert, Geo F .20
2000
2000
3500
1500
1000
1000
2o00
1000
1000
1000
0.00
6.00 I
10.50
4.50 |
3,ou
3.00 j
fl.oo
3.00
3.00
3.00
15.00
30.00
Gafner, otto .394
Holie, Philip K . ..250
Kennedy. Dave .160
Madison. Mrs Xels ..285
Moon, II C .332
M h"T' Mrs K1orf ' n -
Meyer, Henry w .5o4
MciNichols, Geo R
; oison, Oscar _
ouZ
itetnel
K,.gan!
e vr 1
Wilson Mrs Jennie ii 440
:.... ,,. , „ T.
ginla*" 161 *' J * rS ''
Willie Miss Alma M 63S
, ii 010,1 m oas
I™ e ' ^ 88 * ma M 640
' Y . • ss A , M . ,
shares "reach parcel'^of 'such stock* 1 as
may he necessary will be sold on the
15th day of March, 1919, at 1:30 o'clock
P- trt. of said day, at the Bank
;entrano
it Wallace, (Idaho, to pay
|quest assessment thereon, together
with the cost of advertising and ex
.718
Dave . . .697
355
soon
1000
1000
3000
1000
4000
1000
1500
5000
5000
2500
5000
5000
8000
1000
3.00
9.00
3.00
12.00(16
3.00 |
4.50
15.00 |
15.00
7.50'
15.00
15.00
24.00
3.00
3.00
6.00
6.00
ay
3',10 j
Yoo!
3.00 ,
'SO
1
. . 723
Joseph .595
Wm ....
Fred ...
Fred .693
Spach, Miss Emu line 719
696
Spach,
Spach,
Spach,
Spach, Geo .692
Snell, Lewis .. .. 514
Trout, Mrs Frank 74
Thoreen, Gotfrled Al
691
Geo .
_369
bin .. .
Trimble. Mrs Louise
. . .243
1000
2000
2000
...508
2000
1000
1000
1000
street
of the County Court House.
the rielln
penses of sale.
WM. SCHII5RDING,
Mining Company,
'510 Empire State Building, Spokane,
F27-M6-2t
Treasurer Friend
Washington.
ALIAS SUMMONS.
In the District Court of the First Ju
dicial District of the State of Idaho,
in and for Shoshone County.
Christine Backer, plaintiff, vs. Wil
liam F. Barker, defendant.
The State of Idaho sends greeting to
William M. Barker, the above nam
ed defendant.
You are hereby notified that a com
plaint has been filed against you in
the District Court of the First Judicial
District of the State of Idaho, in and
for the County of (Shoshone, by the
Mining and Development
Companies of the Coeur d'Alenes
Assessments Levied, Meetings Called, Delinquent Lists— Doings of
Companies of 8peciol Interest to All Stockholders.
ASSESSMENTS LEVIED.
Buffalo Mining Co.—Levied Septem
ber 30, 10 mills, payable November 5
to George Dunham, treasurer, Bruns
wick hotel, Missoula, Mont,
quent sale December 4. Postponed to
April 4,
Delin
Coeur d'Alene Antimony Mining Co.
—Levied January 24, 3 mills, payable
March 1 to C. M. Powell, secretary,
Pine creek, Kellogg. Delinquent sale
March 22.
Friend Mining Co.—Levied January
18, 3 mills, payable February 19 to
Wiilliam Schierding, treasurer, 310
Empire State building, Spokane. De
linquent sale March 15.
Consolidated
29, 1
Highland • Surprise
Mining Co.—-Levied August
cent, payable to Chas. Weigand, sec
Delinquent
sale
Kellogg.
retary,
postponed to March 1.
My Quotations of Silver, Lead, Zinc and Copper
Which Are the Actual Basis of Settlement
The accompanying table gives the
luotatlons of silver, lead, zinc and
xopper as obtained by the Engineer
ng and Mining Journal and which are
generally specified as the basis of set
Jement In ore contracts with the
imelters. The quotations published In
he daily press are usually higher for
the reason that they represent sales
n small lots, while the figures here
LEAD
ZINC
COPPER
February
Stiver
N. Y. ~St. L.
St. L.
CImu*
6
101 %
6.10
5
4.70
18
10 - 1 %
6.30
5
4.65
18
^ I
8
101 %
6.35
5
4.65
@6.45
17%
10
101 %
.6.35
17%
5
4.65
@6.40
6.17%
@17%
11
101 %
5
4.65
@ 6 . 22 %
17
12
* Undetermined.
MONTHLY AVERAGE PRICES OF METALS, 1919.
As Determined by the Engineering and Mining Journal.
Silver
N.T.
..87.702
..85.719
. .88.082
..95.346
.. 99.505
..99.500
..99.625
.100.292
.101.125
.101.125
.101.125
101.125
101.125
Lead
N.T.
Lead
8t. L.
Zinc
Copper
N. T.
11.590
23.600
11.500
11.600
IS.609
MONTH
January ..
February
March ...
April ....
May .
June .
July .
August ..
September
October ..
November
December
January ..
St. L
6.782
6.684
7.661
6.978
6.899
7.681
7.886
0.716
7.201
7.091
6.772
6.701
6.818
6.704
7.114
7.611
7.511
7.791
8.388
81.509
8.033
7.750
29.509
8.060
8.050
8.050
8.050
7.750
7.750
7.750
7.750
6.324
5.316
8.635
28.000
89 090
29.909
29 000
9.092
8.451
8.141
6.564
7.218
(•)
6.432
6.922
s
(•) No market.
|above named plaintiff, wherein plain
I tiff ulleges as follows:
| married at Bruwerville, Minnesota, on
February 28, 1898, and ever since have
j been and now are husband and wife;
that plaintiff now is and for more than
a year l«at past has been a bona fide
resident of the ittate of Idaho and of
the County of Shoshone, therein; that
the defendant, for more than a year
last past has wilfully neglected to pro
vide for plaintiff the common
That plaintiff and defendant Inter
neces
sarlos of life; plaintiff further alleges
thut there are now living of the Issue
of their marriage two children, aged
and 11, respectively; wherefore
| plaintiff demands divorce and custody
of said minor children be awarded to
| her. •
pear and answer the said complaint
within txventy days of the service of
this summons If nerved within said
Judicial District, and within forty
days If served elsewhere; and you are
further notified that unless you so ap
pear and answer said complaint with
in the tin*' herein specified, the plaln
tiff will take judgment against you as
prayed in said complaint.
Witness my hand and the seal of
said District Court this 8th day of
j January, A. D. 1919.
„ ,
, (Seal)
And you are hereby directed to ap
J. C. GLARE
Clerk.
By G. A. MORTIMER,
Deputy Clerk.
FRANKLIN PF1RMAN,
Attorney for Plaintiff.
Residence and P. G. Address:
Wallace, Idaho.
F27-A8-6t
NOTICE OF THE ISSUANCE OF AN
ATTACHMENT.
In the District Court df the First Ju
dicial District of the State of Idaho,
in and for the County of Shoshone.
The O. A. Olin Company, plaintiff, vs.
Chris Anderosn, defendant.
Notice is hereby given that on the
21st day of February, A. D. 1919, at
tachment Issued in the above entitled
action against the property of the
aforesaid defendant. Chris Anderson,
for the sum of $1212.55, with Interest
thereon at the rate of 1 nor cent ner
month from October 15, 1918, together
with attorney's fees and the costs of
said action.
Witness my hand and the seal of
said District Court, affixed this 21st
day of February. A. D. 1919.
HARRY A. ROGERS,
Clerk District Court.
By L. L. RRAINARD.
Deputy.
(Seal)
F27-M13-3t
Old Veteran Mining Co.—Levied
January 6, 2 mills, payable February
10 to L. L. Brainard, secretary-treas
urer, Wallace. Delinquent sale March
1st.
Rainbow Mining & Milling Coc—
Levied December 19, S mills, payable
February 6 to R. P. Woodworth, sec
retary-treasurer, 745 Peyton building,
Spokane. Delinquent pole March 7.
Success Mining Co.—Levied Decem
ber 20, 2 cents, payable January 17 to
Herman J. Rossi, treasurer, Wallace.
Delinquent sale February >1.
Syndicate Mining & Exploration Co.
—Levied January 14, 1 mill, payable
February 15 to Louis Stevens, secre
tary, Wardner. Delinquent sale on
March 15.
Tarbox Mining Co.— Levied Decem
ber 20, 10 mills, payable January 14 to
R. E. Seysler, secretary, Wallace. De*
linquent sale February II. Postponed
to March I.
given are based on large transactions
and are generally determined from re
ports made by producers and selling
agencies. Both the New York and 8t,
Louis prices of lead are given, the dif
ference being due mainly to the differ
ence In freight between the two points.
The quotations for spelter are ter
prime western brands. To arrive at
the New York price add 35 cents per
109 pounds to the 8t. Louie price.