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Wallace Miner in Wallace, Idaho

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

Jan 03, 1924

Page

6

Hilarity Lead Silver Mining Shows Strong Pine Creek Prospects

The Hilarity Lead Silver Mining company reports a promising outlook near the Denver gulch mouth on Pine Creek. A 100 foot tunnel extension reveals a vein at least 12 feet wide with high grade solid ore. four new Pine Creek mills ready for production bolster hopes of upcoming output. Securities letters from Dr. C. B. Stone and C. W. Lewis note strong surface showing and a required small assessment to cover development costs.

Hilarity Lead- Silver Mining Company Denver Gulch Pine Creek C. 8. Stone C. W Lewis Coeur d'Alenes Pine Creek Mining & Milling Company

Idaho Gold Corporation under Scrutiny on Idaho Trail

Wire reports Samuel Newhouse resigns as president and director of Idaho Gold Corporation. Campbell cites misleading statements and noncompliance with law. Promoter ties include George Graham Rice. Jesse Hawley resigns as statutory representative. Newhouse, a Salt Lake City prominent citizen, also separates from the organization.

Stewart Campbell Samuel Newhouse Idaho Gold Corporation Rocky Bar George Graham Rice Campbell Saho Jesse Hawley Boise Idaho Newhous Salt Lake City

Campbell reviews Idaho mining in 1923 report

The report notes Pine Creek property upgrades including a 76 ton flotation concentrator and new compressor. It chronicles Bear Top mine rehabilitation, Bunker Hill & Sullivan shaft progress to level seventeen, and surface plant improvements. Callahan Zinc Lead adds bunkhouse and equipment. Federal Mining & Smelting reaches 2450 level in Morning shaft with substantial ore continuity.

Kelloggs Tunnel Kellogs Tainton Sweeny Mill Sweeney Callahan Callahan Zinc-Lead Company Galena Mining Company Federal Federal Mining & Smelting Company

Mining prospects and company notes highlight 1923 review

The report details Hunter Gold Hunter Mining & Smelting resuming operations and near full capacity, Hecla rising from the Burke fire ruins with plans for a fireproof plant, and Star crosscut ore handling. The Success mine shows a comeback with new development, Tamarack & Custer Consol. advances in No. 6 to No. 7 tunnel, Stratton & Stratton financing Mc Phillips, Sidney mine expansion plans, and Western Union Mining shafting 160 feet. Shoshone County shows strong improvement with bright 1924 prospects. more counties to follow in the Miner.

Hunter Gold Hunter Mining & Smelting Company Hecla Burke Star Success Darack Tamarack & Custer Consolidated Mining Company Mammoth No. 6 Canyon Creek Stratton Stratton & Stratton McPhillips Nine Mile Sidney Fred W. Callaway Western Union Mining Company The Miner

Lead Market Holds Steady Amid High Prices

The market for lead remains mostly unchanged with virtually no demand for prompt shipments next month. Prices in New York stay high, while the Middle West reports small lot sales from 7½ to 9½ cents. Producers expect a possible price pullback as demand remains strong but inflation-limited. purchases are cautious.

New York Middle West

Quote on legal costs from 1798 by William Manning

A historical remark criticizes the cost of seeking justice noting that laws are so numerous a man may spend about one hundred dollars for a shilling worth of justice, illustrating the mismatch between expense and outcome.

William Manning

Wilbur Mining Company stockholders to meet February 5

Notice from Otto A. Olsson secretary treasurer that a special meeting of stockholders of The Wilbur Mining Company Limited will be held February 5 1924 at 7 30 p m in Wallace Idaho Gyde Taylor Building. Meeting will consider reducing capital stock from 1 000 000 shares at 1 00 par to 2 000 000 shares at 26c par or 500 000 dollars and any other lawful business. OTTO A OLSSON.

Wilbur Mining Company Trinited Wallace Idaho Wilbur Mining Company, Limited Gyde-Taylor Otto A. Olsson

Also Mentioned on This Page

Mining Outlook Coeur D'Alene Spokane Exchange Caledonia Callahan Zinc Cork Province Florence Silver Independence Land Ty Bt Marsh Consolidated Nabob Silver Plymouth Rex Consolidated Richmond Consol Scratch Silversmith Tarbox Ajax Ambergris Alaska Petroleum OG Alameda Tatermountain Int Coal & Coke Ivanhoe i Jack Waite McGillivray Creek Moonlighteo National Copper Rambler-Cariboo Oy Ray-Jefferson One Ie P Ole Silver Sherman Stanley Tamarack & Custer United Silver Me Utica West Hunter Western Union Min Trail OF Idaho Gold Corporation Mining Journal Press Union Pacific System Wm. McMurray Portland Oregon H. J. Arnett Che Worstelll OWL DRUG Saxton Union Pacific United States Omaha Nebraska C. R. Gray Model Shoe Shop Sixth Street Oliver Oil Coeur d’Alene Hardware & Foundry Co Wallace, Idaho
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