Mining review highlights Idaho gold and lead gains in 1923
Stewart Campbell notes 1923 mining activity in Idaho rose with new developments and a rebound in public confidence. Gold mining thrived with four gold mills and several dredges, while low-grade deposits drew new operators. Lead remained strong amid high prices and heavy prospecting, aided by Anaconda Copper’s entry into Shoshone County and new safety initiatives at Coeur d’Alene led mines.
MENTIONED IN THIS ARTICLE
Idaho
Shoshone County
Anaconda Copper Mining Company
Wallace
Pine Creek
Coeur d'Alene
K. T. Sparks
United States Bureau of Mines
Ajax Mining Company
Alice
Bunker Hill & Sullivan Company
Amy Matchless Mining
MII
Stratton option change ties to Stratton Mines stock shift
Stratton & Stratton completed the final step of their promotion plan with the McPhillips property. Options to purchase 750 shares at 20 dollars expired January 1 and any remaining options are now worth 250 Stratton Mines shares. Mr. Stratton said most certificates are unused or being exchanged. Mine work progresses with promising results as visitors report the west drift showing the best since the initial sensational strike.
MENTIONED IN THIS ARTICLE
Stratton & Stratton
McPhillips
Stratton
Stratton Mines Company
Callahan and Galena Work Progress Stirs Ore Prospects
The Callahan Zinc Lead Co reports ongoing development at Callahan and Galena with a 100 foot winze on the 1100 level showing lead ore and Burke quartzite hints. Management plans to add 45 men at Galena to expand No 6 tunnel and 600 shaft level operations while new employee housing and facilities are completed.
MENTIONED IN THIS ARTICLE
Callahan Zinc-Lead Company
Callahan
Galena
Los Angeles
Callahan Company
W. Newton
No. 6
Kill Buck
Dennis O'Leary
Rex Consolidated to Be Taken Over by United Rex Co
Rex Consolidated Mining stockholders are informed that the subscription period for United Rex Mining Co stock at 20 cents per share ends December 20. Any unpurchased shares will go to the company treasury, with a syndicate underwriting enough to net $62,500 for working capital.
MENTIONED IN THIS ARTICLE
United Rex Company
Financial News
New York
Rex Consolidated Mining Company
United Rex Mining Co
Wallace and Burke Train Service Hearing Before Utilities Board
Wallace and Burke rail service is urged as mining workers strain Burke housing. The Northern Pacific supports a morning train. the O W R N refuses afternoon service, arguing for joint action to move workers to Wallace. The public utilities commission convened in the probate court room to hear advocates from the board of trade and railroad representatives.
MENTIONED IN THIS ARTICLE
Public Utilities Commission
J. C. Greaves
Wallace
Burke
Wallace Board of Trade
Hecla
Northern Pacific
Turke
Canyon
F.C. Greaves
Boise
Board of Trade
Probate
Frank J. Cannon
B. Arney
Spokane
J. G. Sanders
Coeur d Alene Dividends Doubled in 1923 Notable Local Events of Year Just Closed
A year end review notes mine dividends in 1923 totaling over 5 million with Hecla leading gains despite losses to its surface plant. Fire disasters at Morning and Hercules mines prompted new rescue measures and wage increases followed by a major Morning ore body discovery and interstate freight rate adjustments for Bunker Hill smelter.
MENTIONED IN THIS ARTICLE
Coeur d’Alene
Coeur
d'Alene
Bunker Hill
Hecla
Bureau of Mines
Interstate Commerce Commission
Atlantic Seaboard
Montana
Utah
Eugene R. Day
Agnes Loretta Day
Resumption at Hecla Delayed by Cold Weather
Production at the Hecla mine may be postponed a few days as extreme cold slows work on the new ore bin and conveyor. The hoist should be ready by January 15, with possible use of a chute direct to railroad cars if needed. Temporary arrangements could route ore until the concrete bin is operational.
MENTIONED IN THIS ARTICLE
Hecla
Western Union Mining Stockholders Warned Against Bad Advice
The executive committee warns stockholders to ignore gratuitous advice from unseen sources predicting heavy assessments. The letter details management’s reforms, ore developments, and a hopeful outlook while naming D. H. Anderson, Walter H. Hanson, and Herman J. Ross as signatories.
MENTIONED IN THIS ARTICLE
Western Union Mining Company
Western Union
D. H. Anderson
Walter H. Hanson
Herman J. Ross
Ask
Hercules Company Now a Corporation Formation Spreads Mining Reach
Hercules Mining company converts from a partnership to a corporation with a 5 million capital, led by Harry L. Day. The Day family controls vast mineral holdings from Burke to Beaver Creek and east to Hecla, with claims on Packer creek and properties like Sherman Ambergris and Amazon Manhattan. The move signals expansion of operations beyond the flagship Hercules mine, whose bonanza wealth funded regional development including Spokane offices, stock farm, Portland hotel, and other ventures.
MENTIONED IN THIS ARTICLE
FPP
Hercules Mining Company
Hercules
Harry L. Day
Day Organ
Hercules Company
Day Family
Burke
Beaver Creek
Maher-Hearne
Hecla
Tamarack
Sherman
Oreano
Hummingbird
Stanley
Basin
Laclede
Ambergris
Portland
Sunshine
Amazon-Manhattan
Ray-Jefferson
Packer Creek
Saltese
Montana
Bryan
U.S
Bunker Hill
Paulsen
Hutton
Spokane
City
Also Mentioned on This Page
Campbell
OKO Mining
Stewart Campbell
State Inspector of Mines
Wdabo
Stratton Mines CO
Callahan and
REX Consolidated
Wallace and
Utilities Commission
Weny Wee
Jerome J. Day
Axel P. Ramatedt
August Paulsen
L. W. Hutton
F. M. Rothrock
Eleanor Day Boyce
Vortland
Frank P. Markwell
Long Reach
Cal
William H. Hoover
Walter B. Helfeld
England
Wales