Hecla Declares Regular Dividend As Ore Shoot Expands
Hecla Mining directors in Milwaukee declare a regular quarterly dividend of 1 cent per share payable September 28, yielding about 1500000 dollars this year and lifting total disbursements to 8605000 dollars. The 2000 level ore shoot extends over 1500 feet, 12 to 30 feet wide, with high grade lead and silver, while the East Vein promises further value as work progresses amid labor shortages.
MENTIONED IN THIS ARTICLE
Hecla Mining Company
Milwaukee
Hecla
Hecla Company
Sunrise Prospects Boost Hope Of Rich Ore Body
C Smith reports from Sunrise on Sunset peak that No 2 tunnel and a 600 foot drift reveal a 20 foot wide, heavily mineralized vein with zinc near the hanging wall. The main drift continues along the wall as promising ore improves. An assessment was levied to fund further development.
MENTIONED IN THIS ARTICLE
C. Smith
Sunset Peak
Sunset Mine
Bradley visits Kellogg for Wallace district stay
F W Bradley president of the Bunker Hill and Sullivan Co of San Francisco arrived in Kellogg recently and plans to stay through September. He visited Wallace last Tuesday and attended the Republican state convention as an interested spectator.
MENTIONED IN THIS ARTICLE
Bunker Hill
Wallace
F. W. Bradley
San Francisco
Bunker Hill & Sullivan Company
Kellogg
Hecla Mining President Nears Return From Milwaukee
James F. McCarthy, president and manager of Hecla Mining, who has been in Milwaukee for a directors meeting, is expected home tomorrow.
MENTIONED IN THIS ARTICLE
James F. McCarthy
Hecla Mining Company
Milwaukee
Hecla
Idako Republican Convention Names Winning Ticket Man
J Adams general manager of St Joseph Lead Co visited St Joseph area to review mines and the Bunker Hill smelter contract for the next five years. He highlighted the company's Missouri operations, workforce, and its standing as a major lead producer competing with American Smelting and Refining. He plans eastward travel via the Canadian Pacific after leaving Wallace.
MENTIONED IN THIS ARTICLE
Bonne Terre
Missouri
St. Joseph Lead Company
Herculanew
St. Joseph Company
Smelling & Herming Company
Important Discovery by Columbus Mining Company Near Tributary Creek
The Columbus Mining Company reports a new vein on the Murray claim about 200 feet west of Tributary tunnel portal. Float found up the hill yielded galena and ore shows five feet wide in the face with silica and iron. Assays gave high grades with gold, silver, lead and copper, suggesting a promising milling ore.
MENTIONED IN THIS ARTICLE
Carlson
Lea
Murray
Idaho Republicans nominate ticket at Wallace convention
The two day Idaho state republican convention in Wallace adopted a platform and nominated a strong congressional and state ticket led by C C Moore and Addison T Smith with Lee Baldridge and Joel Jeter among others. Delegates praised unity after protracted floor debates on direct primary and bank deposits guarantees, promising effective party support for the ticket.
MENTIONED IN THIS ARTICLE
Idaho
Alexanderiam
Wallace and
Shoshone County
Ention
Jock
Committee On
Potts
Burton TL. French
Addison T Smith
Frank BR
Gooding
D. W. Davis
Galena Ore Shoot Near Peak Depths At Wallace
Last Tuesday the Galena ore shoot was reported to turn north toward the foot wall, possibly shifting to the east end of the shoot. If correct, a raise from the tunnel level near 600 feet depth may prove ore above the tunnel, with continuity between No 6 tunnel level and shaft levels across about 400 feet. The visible ore aboot on No 6 tunnel level shows a width of 28 feet in places, indicating large tonnage and moving Galena toward productive status, a development welcomed by Wallace residents.
MENTIONED IN THIS ARTICLE
Galena
Wallace
Climax Mining Lets Contract for Crosscut Toward Vein
The Climax Mining company led by secretary H. V. Edwards has let a contract to crosscut north from the main tunnel toward the Vein, an estimated 10 feet but potentially shorter given surface indications. The firm owns four claims east of and adjacent to the Western Union vein, with a main tunnel about 1000 feet long and a break in the formation discovered early. Financing comes from Grand Forks, North Dakota, via A. S. Turner and W. F. Terry, who recently inspected the operation and confirmed arrangements. Turner recalled earlier mining years in the Coeur d Alene district and a past claim west of the Callahan mine.
MENTIONED IN THIS ARTICLE
Climax Mining Company
H. V. Edwards
Althouh
Climax Company
Western Union
Climax
Western
Grand Forks
Turner
N. D
W. F. Terry
Coeur d'Alene
Prichard Creek
Callahan Mine
Murray
Belknap
Spokane
Callahan
Zinc stocks steady as July output rises in US
The American Zinc Institute report for July shows on hand stock at 29,576 tons on July 1, production at 1,917 tons, shipments 32,875, stock on hand 28,618, exports 541, and 64,909 reporting operations. Decrease in stocks was smaller than expected, but conditions improved and supply remains below one month’s consumption.
MENTIONED IN THIS ARTICLE
Engineering and Mining Journal Press
American Zinc Institute For
Success ore shoot over 150 feet long at mine
On Tuesday the Success mine reported a 151 foot ore shoot with a west drift face containing a high lead content and revealing potential for a long productive future. Mill activity continues with one shift and carloads of ore and concentrates prepared for shipment as upgrades proceed.
Federal Dividend Declared by Federal Mining & Smelting
The Federal Mining & Smelting company declares a quarterly dividend of 1 percent per share, paying $150,000 on September 15 to holders of record on the preceding Saturday. The 120,000 shares outstanding will generate $420,000 for the year with total lifetime disbursements nearing $19.68 million including $2.71 million to common stockholders.
MENTIONED IN THIS ARTICLE
New York
Spokane
Federal Mining & Smelting Company
Also Mentioned on This Page
Heela
Bradley
Idako
Republican Convention
Ager ST. Joseph Lead Company
Brother
Columbus Mining Company
East Basle
Jack Waite
Victor Carlson
Columbus
C. C. Moore
French
Smith
Congress
Ican Ticket
Mayor Toole
Hugh Toole
Lloyd W. Adams
Madison County
John Thomas
Republican State Committee
Moses
Indaho
David Burrell
LF. Glennon
J W. Eagleson
Charles C. Moore
Duccess
West Face
West Deift
Bunset
Bonange
Middle West
East
Coeur d'Alenes
Pennsylvania
West Virginia
Oklahoma
Anaconda Company
Great Falls
Anaconda
Butte
Butte & Superior
Elm Orly
Htomes
Success Company
Kelloge
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