Historic Wallace Idaho

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Alex Pennaluna

Alex Pennaluna was, by every definition, an entrepreneur. Born in Christ's Church New Zealand, he traveled to the United States seeking his fame and fortune. Alex had entered the U.S. at a time when starting your own business seemed very natural, and travel was never an inhibitor. Alex lived in many states, and found his glories in the mining business.
Having recently lived in Montana, Alex and his family settled in Wallace Idaho. Wallace was a budding little mining town, and Alex recognized the potential for his new enterprise. In 1926 he founded Alex Pennaluna & Co., a stock brokerage firm that specialized in mining stocks... particularly silver stocks. His business experienced great growth and fortune, only to be devastated by the stock market crash of the 30's. After selling the company, he continued his endeavors in Nevada, retiring to Los Angeles, California.
Pennaluna & Company still exists today in Idaho, with three offices, and is the oldest brokerage firm in the state.

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Wallace is at the center of a universe filled with mountain recreation and Old West history that you will want to visit more than once. Please tell me what you would like to see on this and other pages at my Historic Wallace Idaho webworks.
Greg Marsh, Ph.D.
    doing business as     Marsh Scientific Services is Greg Marsh, Ph.D.
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Please visit my other websites and websuites:
  • Northern Idaho's Silver Valley      Four Season Mountain Recreation Paradise:
    two ski resorts, two long bike trails, a dozen alpine lakes, bountiful wildlife and backcountry solitude in harmony with 133 years of mining history and legend
    silver-valley.com homepage updated January 18, 2017
click to see the Trail of the Coeur d'Alenes
click to see the Route of the Hiawatha

Marsh Scientific Services is Greg Marsh ©1998-2017, Marsh Scientific Services, Greg Marsh, Ph.D.
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