Caledonia mine profits despite unproductive year
Caledonia Mining Company reports 1923 net profit of 90889.19 from treating old stope filling via the Tainton process with 6.11 percent lead and 19.18 ounces silver. The district mine once paid record dividends, including 937800 in 1917, but production now relies on old ore. cash surplus sits at 574860.52 pending federal tax adjustments.
MENTIONED IN THIS ARTICLE
Caledonia Mining Company
Tainton
Caledonia
Coeur d'Alene
Stanly A. Easton
Caledonia Company
Outlook Good for Lookout Mountain at Old Dominion Mine
Lookout Mountain prospect at Colville Washington shows promising ore prospects as crosscut testimony indicates a large fissure zone with potential high grade lead ore. Geologist Oscar Hershey predicts favorable structural conditions may yield sizable ore bodies with a tunnel plan to reach 1000 feet depth for economical transport. Many analysts anticipate continued ore development despite past omissions.
MENTIONED IN THIS ARTICLE
Lookout Mountain
Pine Creek
Oscar Hershey
Bunker Hill & Sullivan Company
Lookout Claim
Sidney
Highland Surprise
Hershey
Fred W. Callaway
Stratton ore shipment to Bunker Hill smelter nets over two thousand
The Stratton mine in the district advances as a promising development. From a vague prospect a 250 foot ore shoot emerged in five months with two carloads shipped. First carload yielded 50 per ton with 38 percent lead and 26 ounces silver. Last shipment, 35 tons, net about 2200 at the smelter, with 44.6 percent lead and 31 ounces silver. A jig product sample showed 42 percent read and 32.2 ounces silver, hinting at another shipment soon.
MENTIONED IN THIS ARTICLE
Stratton
East Helena
Canyon trains start today to Wallace and Burke service
The Northern Pacific and O W R N plan passenger trains linking Wallace and Burke to serve mine workers. NP runs morning service at 6:00 from Wallace to Burke, OWRN provides afternoon service from Burke after shifts. The move follows a December utilities commission hearing and aims for prompt mine worker transport, with both lines sharing equipment and coordinating return trips. Local efforts by the Wallace board of trade helped secure the arrangement, now contingent on patronage.
MENTIONED IN THIS ARTICLE
Northern Pacific
Burke
O.W
State Utilities Commission
Canyon
Board of Trade
J. P. O'Brien
William Connelly
Washington
C. T. McArthur
Lincoln Day Banquet to Be Big Gathering of Republicans
Arrangements for the Lincoln day banquet are nearly complete says A. W. Hoover secretary of the republican county committee. The event at the Banquet restaurant begins at 8:00 pm with Donald A. Callahan as toast master. John P. Gray will deliver the principal address, Stanly A. Easton will speak briefly, and Walter C. Clark plans to broadcast the main address via Bunker Hill station. Boyd-Fisher orchestra will play with vocal numbers. A county central committee meeting is set for 6:45 pm in the courthouse.
MENTIONED IN THIS ARTICLE
A. W. Hoover
Republican County Committee
Donald A. Callahan
John P. Gray
Coeur d'Alene
Stanly A. Easton
Kellogg
Walter C. Clark
Bunker Hill & Sullivan
Bunker Hill
Boyd-Fisher
Court House
Crosscutting to Reach vein at Independent Copper Mine
John H. Nordquist of Independent Copper Mining & Milling said the crosscut from National workings should soon intersect the vein based on surveys and ore conditions. Three stringers containing galena have been cut. one was followed without major change. The plan targets 1000 feet depth below the upper tunnel and 800 feet below shaft level where lead-silver shows promise. after addressing water flows, drifting eastward resumed and drilling may follow if no new development arises.
MENTIONED IN THIS ARTICLE
John H. Nordquist
Independent
Copper Mining & Milling Company
Imperial Mining Plans Outlined in Stockholder Letter
Imperial Mining stockholders received a letter from secretary Homer G. Brown detailing property conditions and development plans under way. He notes that since resuming work, development has proceeded according to recommendations of Stanley FR.
MENTIONED IN THIS ARTICLE
Imperial Mining Company
Homer G. Brown
Stanley FR
Callahan Zinc Lead Mine Extends Shaft to Vein Prospect
Management at Callahan Zinc Lead extends shaft 200 feet deeper after a promising lead linked to quartzite on the 1100 level. Crosscutting began this week toward the vein with keen interest on ore potential where lead may surpass zinc as the primary product.
MENTIONED IN THIS ARTICLE
Callahan Zinc-Leads Company
On-Productive Mining in Boundary County 1923 Totals
Non-productive and non-dividend paying mining firms in Boundary County spent 665240 during 1923 and individuals with 122 unpatented claims paid 12200, totaling 667430. Labor plus supplies and equipment accounted for major shares. Ravenel Macbeth of the Idaho Mining Association notes upcoming surveys across northern counties to highlight Idaho’s mining importance.
MENTIONED IN THIS ARTICLE
Houndary
Ravenel Macbeth
Idaho Mining Association
Macbeth
Kenner
Kootenai County
Benewah
Latah
Maho
Idaho
Ajax Exploring Great Lead-Silver Ore Body
The Ajax mine in Coeur d’Alene district attracts wide interest as managers directors and stockholders plan to put Ajax on a productive basis. Ore body extends 70 feet beyond vein drift now 75 feet west with 15 to 20 percent lead and rich galena. dump piles grow. east drift planned. potential use of local mills to start production amid high lead prices.
MENTIONED IN THIS ARTICLE
Ajax
Coeur d'Alene
Lynn
Mass
Woodward
Portland
Wallace
Sprague
Bixby
Dle
Board of Trade to Hear Dr Short Friday Address
The board of trade agenda includes an address by Dr. F B Short education director of the J Penney company at the Friday meeting. President H J Hull said the talk would cover principles of successful business. Platt P Morrow, Yellowstone trail representative in Idaho, will attend the Yellowstone association meeting in St Paul next day. members may forward suggestions on his work.
MENTIONED IN THIS ARTICLE
Board of Trade
H. J. Hull
F. B. Short
J. Penney Company
Hull
Platt P. Morrow
Yellowstone Trail
Idaho
Association
St. Paul
Morrow
Merits of concrete as paying material on highways
At a Wallace board of trade meeting a Portland Cement Association spokesman urged concrete as the preferred highway paving. He cited tests on 63 types, noting concrete 5 to 8 inches thick and blacktop with concrete base survived heavy truck wear, while crushed rock bases are unnecessary. He claimed federal aid favors concrete and Oregon has shifted toward it, with increasing statewide use from 1921 to 1923.
MENTIONED IN THIS ARTICLE
Board of Trade
Bat
Mullan
Kellogg
Wallace
Hull
Portland Cement Association
F. H. Richardson
Feld
H. L. Hadley
Hnd
Richardson
Minols
J~nois
Flow
Oregon
California
Harry
Also Mentioned on This Page
Bend
Treasury
Old Dominion
Colville
Wash
Great Lookout Mountain
Bunker Hill Smelter
Northern Pacific and
Wallace Board of Trade
Imperial
Boundary County
Board Trade
Cement Association
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