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Wallace Miner in Wallace, Idaho

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

Apr 05, 1923

Page

1

Independent vein development planned after crosscut agreement

The Independent Copper Mining and Milling Co plans a major development of its three patented claims north of the National copper property near Missoula. An easement from National Copper Mining allows use of its tunnel to extend the crosscut toward the Independent vein, with work to begin once equipment is moved. The plan aims to reach the vein at 1000 feet depth, using the extended crosscut and existing workings, with a monthly $100 tunnel use payment to National.

Independent Copper Mining & Milling Company National Missoula National Copper Mining Company John H. Nordquist Independent G. Gnaedinger The Nordquist Billberg Forest Clark Mullan California

Morning mine reports richer ore at 2460 level

Reports from reliable sources over the past week indicate the ore shoot on the 2460 level of the Morning mine is expanding with wider deposits and shipping grade. Preparations to sink 200 feet and open the 2650 level are planned, with expectations of equal or better results.

Oscar Nordquist Connected To Libby Montana Mine

Oscar Nordquist long time resident and manager of the Lukens Hazel Mining Co operating near Libby Montana visited the city. The lead silver mine has gold in the ore and, under Nordquist, a milling plant was built and substantial ore shipped though the mine is currently inactive awaiting deeper development plans.

Oscar Nordquist Oscard Nordquist T Lukens-Hazel Mining Company Libby Mont Lukens-Hazel Nordquist

Directors of Success Mining elects new board and officers

The Success Mining company adjourned amid a proxy count, electing Dan P Mahoney as president Dan I Mahoney Maurice I Mahoney R A Balch Herman J Rossi and W F E Mullen to the board. The new directors then chose Dan P Mahoney as president Maurice L Mahoney as vice president and Allen G Kennedy as secretary treasurer and manager. Mahoney pledged harmony and a dividend minded push for development with stockholder interests first.

Success Mining Company Franklin Pfirman Dan I. Mahoney Spokane Maurice I. Mahoney Burke R. A. Balch Herman J. Rossi Wallace W. F E. Mullen Old Mission Dan P. Mahoney Maurice L. Mahoney Allen G. Kennedy Grotto Mahoney

Coeur d Alene Engineer Returns From Mexico After Three Years

Stanley R. Moore, an engineer long known in the district, has come back with his family from Guanajuato Mexico where he worked for Guanajuato Mining and Reduction Co. The operation employs about 3000 men and lies seven miles from Guanajuato city. Moore cites pleasant climate and opportunities for American enterprise but notes need for better protection for foreign investments. He may return to Mexico while his family stays in the United States. An unrelated health note mentions evidence linking tight collars to defective eyesight.

iSpaniards Guanajato Moore United States Guanajuato el Paso Texas Mexico

Republicans Renominate Wallace Ticket Leaders for City Offices

Wallace Republicans nominate Hugh Toole for mayor L L Leighty for city clerk C A Keating for treasurer and councilmen across wards. James Teasdale, Carroll Beamer, and others win the ward nominations as Alfred Dunn chairs the convention. Platform lauds efficient fire department, bond-for-fire-hall plan, and city economy with commitment to enforcement of laws.

Toole Keating L. L. Leighty Hugh Toole Leke Leighty C. A. Keating Steve Eddins FP Be.stone James H. Munson Roy Morris BE. Wickward Guy Kellogg Ith Carroll Beamer Jas. R. Teasdale Wallace Alfred J. Dunn Republican City Central Committee Chas Horning Herman J. Rossi Emil Pfister Jesse Freeman Walter H. Hanson James & McCarthy W. H. Herrick Committee On Committee On Platform James F. McCarthy Harry C. McAllister Chas. A. Keating H.C. Adams M. A K.T. Strachen Chas E. Horning W. J. Stratton John W. W. Smith

Silver Purchases Under Pittman Act May End by July

Ravenel Macbeth, Idaho Mining Association secretary, explains government silver purchases under the Pittman Act may end by July 1. He recounts how the director of the mint announced the timeline, surprising silver producers who expected a yearlong price of $1 per ounce.

Washington Mint Ravenel Macbeth Idaho Mining Association Congress Macbeth Arthur Burroughs, Jr Talache Mines, Inc Talache Idaho Talacie Company

Tamarack Dividend Paid By Tamarack and Custer Consolidated

The Tamarack and Custer Consolidated Mining Company paid a 2 cent dividend per share on 6,000,000 shares totaling $100,000, bringing cumulative dividends to $621,902. The company reports progress extending No 7 tunnel and plans a permanent outlet once connected to wider workings.

Tamarack & Custer Consolidated Mining Company No. 7 Mammoth No. 6

Controversy Over Platinum Claims Tainted by University School of Mines

In a Spokane Chronicle interview Moe of Royal Mining assails a university school of mines over alleged platinum finds on Slate creek. Thomson of Idaho School of Mines warned against unreliable assayers, citing Grants Pass firs that boosted optimistic assays. The Miner reprints Thomson’s cautions to defend reputations and clarify the record.

Spokane Chronicle All Moe Royal Mining Company University School of Mines Slate Creek Wallace Moe Royal de L. Johnston G. A. Dozier Grants Pass Spokane Oles Southern Ore- Kon School of Mines Francis A. Thomson Idaho School of Mines State Bureau of Mines and Geology Thomson Oregon Macedonia

Callahan Zinc-Lend Company Yearly Report Summary 1922

Callahan Zinc-Lend reports the year ending December 31, 1922, with 2728 tons of zinc concentrates and 1656 tons of lead shipped from November 15 onward. Zinc recovery fell to 74.92 percent from 84 percent due to winter ore shortages. The Galena Mining acquisition is highlighted as a growth factor, with plans for rapid Galena development. New contracts with American Smelting & Refining for lead-silver concentrates and Grassell Chemical for zinc concentrates were executed, improving freight costs and distribution. Metal markets show zinc at 7.8 cents and lead at 5.2 cents per pound, the strongest in three years. Financials show current assets of 1,175,073.83 with current liabilities at 76,114.95, a 15 to 1 ratio, and net current assets of 1,006,958.83. Manager C W Newton notes November and December ore daily handling around 600 tons with mill feed averaging 6 to 10 percent lead and 10 to 1 percent zinc.

Wide West Hecla Thhe Benton Mining Company Benton Wide Hecla Company Benton Company John Callahan Zinc-Lend Company John Borg W. Newton HM. T. McMee Kin Aulahan Borg Galena Mining Company Galena American Smelting & Refining Company Grassell Chemical Company East Helena Montana Pueblo Colo C. W. Newton Callahan

Also Mentioned on This Page

Cedar Creek William Becker Cedar Creek Mining & Development Company No. & Tunnel Directors OF Success D.p.mahoney President Icy Republican City Pittman Tamarack ERS
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