Hecla Mining Pays 1922 Dividend Record in Cash
Hecla Mining company distributed 950000 in total dividends for 1922 to stockholders, with 500000 in cash and an extra 85 cent per share, plus 19 cent regular rate per share. The quarterly payments followed a 50 cent per share total for the year. The company, led by James F. McCarthy, shifted the payment date from the 28th to the 20th to reach stockholders before Christmas. Since 1900 Hecla has paid dividends every year except 1901 and 1903, with a peak in 1917 at 1600000.
MENTIONED IN THIS ARTICLE
Esterday
Hecla Mining Company
James F. McCarthy
Coeur d'Alenes
Milwaukee
Hecla
Heela
Succession of Events at Hecla Mine and Star Enterprise
The Hecla mill resumed operations after a brief shutdown caused by extreme cold and poor water conditions. Shipments of high grade crude ore continued during the layoff, and production is expected to run on three shifts. Developments at the mine promise important news, with a favorable outlook for continued operation. Dividends were paid, including 50 cents per share for 1922. Since 1918 dividends shifted from monthly to quarterly due to increased stockholders and tax rulings. The Star enterprise with Bunker Hill & Sullivan is advancing toward a major output expansion, suggesting a bright future for the mine and related operations.
MENTIONED IN THIS ARTICLE
Ue Success Mill
Hecla
Big Star
Bunker Fill & Sullivan
Idaho Plans New Forestry Bill To Sustain State Woodlands
A 15 member committee led by G Miller of the University of Idaho reports a draft forestry bill to place a state board of land commissioners as a governing body for timber lands. It covers slash disposal, fire protection for cut over lands, and preserves the land board powers while expanding forest duties through an assistant land commissioner. The plan aims to protect young growth and extend mill life across Idaho's roughly 800000 acres of timber land.
MENTIONED IN THIS ARTICLE
General Representative
Maue Vy
G. Miller
University Ou Idaho School of Forestry
Moscow
Boise
Spokane
State Board of Land Commissioners
Tute Board of Forestry
State Land Commissioner
State Land Board
Idaho
Argentine Mine Ore Block Worth Millions Could Be Opened Soon
An Olson report on the Argentine mine outlines a 200 foot level extension that may expose a probable ore block of 10 by 100 by 8 feet. Estimated ore value at 4 percent on the 100 foot level could exceed $1,000,000 for this block, with deeper sections potentially worth similar millions per further depth. Planned work includes the Vulcan tunnel approach, new tram and bins, and agreements to treat ore at major local mills.
MENTIONED IN THIS ARTICLE
Charles Olson
Wardner-Kellogs News
E. M
Geraldine Claim
Vulcan
Ine
Janker Hillmelter
Bradley
Washington Water Power Company
Coeur a’Alenes
Kellogg
Tease
Bond
J. White
Wallace
Karl Nelson
John Stoykoff
M. W Emmett
HH. M. Childs
George Newsome
W. H. Lang
Highland Surprise Lease Option Feeds Payment Default
Under Fred W. Callaway, option holder on most Highland Surprise Consolidated Mining stock, the first 5 cent per share payment due December 15 was not made, causing the option to be forfeited. Renewal possible, details unavailable. The option called for 45 cents per share upfront, with payments through 1925, and Callaway reportedly represented Bunker Hill & Sullivan in securing the lease.
MENTIONED IN THIS ARTICLE
Fred W. Callaway
Highland Surprise Consolidated Mining Company
Kelloggs
First State Bank
Callaway
Bunker Hill & Sullivan Company
Highland Surprise
Neversweat mine ready to start sinking early next year
Gnaedinger of Inland Empire Mining at Burke reports compressor hoist and motors installed, shaft repairs nearing completion, and plans to begin sinking 200 feet from the tunnel level to explore the vein for a larger ore shoot. The Neversweat property has long featured in litigation and was developed by the late John Mader under current management.
MENTIONED IN THIS ARTICLE
BE. G. Gnaedinger
Inland Empire Mining Company
Burke
Inland Empire Company
John Mader
Community Christmas Tree Planned for Wallace
The Wallace community invites all to a Sunday evening Christmas tree at Geo Richardson’s yard corner Bank and Fifth Streets. A carol concert led by Mrs S Gundlach will precede Santa’s gift distribution by the Wallace Elks. Local churches and the electric company assist in decorations and singing.
MENTIONED IN THIS ARTICLE
Geo. Richardson
Bank and
Fifth Streets
Wallace
S. Gundlach
Enniy
Santa Claus
Wallace Flks
Gundlach
Oreano Crosscutting Deek the Sherman Vein
Important strike possibility at Oreano upon completion of the crosscut under way 300 feet from the initial point. The Oreano ground near the Sherman vein may prove a westward continuation, with a letter from Oreano secretary John Dolan detailing delays, expected funds, and the need for patience as development continues toward completion.
MENTIONED IN THIS ARTICLE
Hurke
East Fork
Nine Mile
Oreano
Sherman
Union
Crown Point
Sherman Company
John Dolan
Oreano Company
Tamarack & Custer Stock Increase Approved by Meeting
Stockholders of Tamarack & Custer Consolidated Mining Co met in the Day building to authorize raising capital from 2,000,000 to 6,000,000 shares of par value 1 each and to declare a 166 percent stock dividend payable December 29 to shareholders of record December 28. The Day family holds most shares. minority attendees sought financial clarity amid questions about the basis for the raise and asset figures.
MENTIONED IN THIS ARTICLE
Tamarack & Custer Consolidated Mining Company
Tamarack & Criterin
Day
Tamarack & Custer
Narack & Custer
Custer
Tamarack & Cuxter
Coeurs Alene
Tamarack & Chesapeake
Pavor
Tamarack
Boston News Bureau
Fontaine J
New York World
Also Mentioned on This Page
ECLA
Estry Law
Idora
C. F. Mallette
Idora Mining Company
Beaver Creek
Pine Creek
W. J. Hall
Public Works
W. A. Byers
Markwell Hill
Halley's
Joseph Murphy
By of Public Highways
Nampa
Continental OU
County — Sanitarium
Fine Creek
DEEK
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