Show INDEX OF ACTIVITY at the present time the mining industry of the west is on the tiptoe tip toe of expectation this condition is caused by the many anar marvelous strikes that have been made in the mining regions of this intermountain country during the past two years and these wonderfully rich discoveries have had a most stimulating effect upon the industry and have stirred mining men investors and the general public to the very depths and not only have these successes had their effect upon the miner and the prospector but the deep interest has extended to the ranks of numerous mining comp companies aniess owners of promising and valuable ground who have been inactive dormant for from one because of lack of funds to five years wherewith to prosecute development exploration and improvement such companies unable to raise money for the purposes stated during a period of dullness and inactivity have reawakened awakened re so to speak and the long list of assessments pending which crowd the advertising columns of the local press is a fair corroboration of the statement made that many meritorious properties which have been idle for long periods are about to enter into an era of extensive development and operation these assessments call for the payment of large sums of money by shareholders and many may murmur because of these calls upon their purse strings but why should the stockholder kick and complain he is a co owner in the property upon which the assessment is levied and it is very plain that this property cannot be placed upon a producing and paying basis until it is fully developed and this takes money and lots of it the stockholder cannot expect an uninterested party to furnish the means for the operation of the mine in which he is interested and if he counts his holdings of any value he should be glad of the chance to join with others in raising a fund for its proper exploitation for without development his holdings are practically worthless no matter how much latent and real merit it may possess the levying of assessments is one phase of mining that cannot be overlooked or ignored when but few are levied it is safe to say that but little is is doing in mining in the way of adding new producers to our already long and splendid list of dividend payers but when the papers are full of assessment notices this haibe maibe may be taken as a certain index of renewed activity and progression along the lines of the mining industry and that the result will be a continuation of reports of new strikes and of important mineral discoveries co veries |