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Wallace Miner in Wallace, Idaho

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

Jan 10, 1924

Page

1

American Commander strike confirms rich vein at Commander claim

Struck in No 1 tunnel while exploring the vein beneath trenches exposing surface work to east end of Commander claim. Surface shaft to 60 feet shows a cross cut with 12 to 15 feet width, carrying lead and silver. The drift advances about 800 feet with improving ore grade, including 14 percent lead and 7 ounces of silver in a five foot sample. The strike lies 200 to 250 feet deep, with the face about 600 feet from the east end line. Company plans extend drift to east end line before deeper development. Officers include J A Glove, J Gearon, H Marquardt, J I McCormick, and H T Kingsbury.

Galena Mullan Hunter Mining Company East End No. 1 No. 2 No. 3 American Commander Company J. A. Glove John Gearon Wallace Herman Marquardt J. I. McCormick Henry T. Kingsbury

Income Tax in Nutshell for 1923 Filers

Single persons with net income of 1000 or more or gross income of 4000 or more, and married couples with net income of 2000 or more or gross income of 45000 or more must file returns. Filing runs January 1 to March 15, 1924. Collectors of internal revenue handle filings at the district where the person lives or has a principal business. Instructions on Form 1040 and related laws explain the four percent tax on the first 4000 after exemptions, five percent on the balance, and surtax from 1 to 50 percent on income over 4000 for 1923.

Internal Revenue

Ajax Crosscut Strikes Ore Stringer Near Vein

A quartz stringer three to four inches thick appeared in the Ajax crosscut at nearly right angles to the vein, hinting at an ore shoot when the vein is reached. The crosscut nears 6000 feet, with ore improvements at depth and a large body expected as the level advances. A.C. Bixby, Ajax manager, is praised for planning and execution.

Ajax A. C. Bixby

Hill Crosscut Near Vein at Hill Mining near Wardner

Hill Mining Company prepares to resume development at the Hill property near Wardner. The work uses power from North Bunker Hill and a 2000 foot air line to the Hill tunnel. A crosscut from the 400 level of East Caledonia nears the Caledonia vein with galena indicators and strong ore potential. Development is led by Thomas Rowland.

Coeur d Alene Mining Elects Officers and Directors

The Coeur d Alene Mining and Smelting company held its annual stockholders meeting last Tuesday evening electing A. D Wallace as president Dennis Goggin as vice president J F Whelan as secretary treasurer and J R Smith and Patrick Brady as directors The firm owns the Banner group on Nine Mile adjoining Stratton Mines The Stratton strike has boosted Nine Mile mining and a resumption of development is under consideration by the Coeur d Alene company

Coeur d'Alene Mining & Smelting Company A. D Wallace Dennis Goggin J. F. Whelan J. R. Smith Patrick Brady Banner Group Nine Mile Stratton Mines Company Stratton

Radio to test mine rescue role in Star crosscut

A planned test in the Star crosscut under the Hudson river aims to prove radio's effectiveness for underground mining rescue. Rush J. White, mining engineer, urged the experiment with James P. McCarthy of Hecla approving, and S. G. Garrett providing equipment. If successful, radio could become a vital tool for saving lives in underground disasters.

Half Million Dollars Spent in Mullan Section in 1923

The Mullan District in Shoshone County shows expenditures of $495,295 in 1923 for non productive mining operations. Figures come from Ravenel Macbeth of the Idaho Mining Association and are drawn from the books of 30 non dividend paying companies. The county total to date reaches about $2,500,000, with remaining North Side and St Joe figures due next week.

Shoshone Ravenel Macbeth Idaho Mining Association Macbeth Mullan North Side St. Joe Mullan Pollow

Stratton Mines first ore shipment nets $49.69 per ton

Stratton Mines reports 51,889 dry pounds about 26 tons sent to East Helena plant of American Smelting and Refining. Shipment valued at 740 cents per pound lead and 64% cents per ounce silver, netting $1197.55 or $49.69 per ton. Ore extended as drift develops with continuous high grade, timbering completed and a raise begun to open a new stope for deeper mining.

Stratton Mines Company East Helena American Smutting & Tefining Company Stratton

Rainbow Mining Plans Big Development Near Shields Gulch

Rainbow Mining and Milling president George Austin outlined an extensive development plan for 21 claims along four veins near Shields Gulch, five miles long. The work includes a crosscut tunnel reaching the Argentine vein at about 700 feet and the Galena at 1600 feet, with a portable compressor, water power from a Rainbow water right, a 2000 foot flume and a temporary blacksmith shop to run through winter.

George Austin Minger Rainbow Mining & Milling Company Spo Shields Gulch Wallace Austin Galena Rainbow Company Rainbow No. 2 Little North Fork

Pearson Mine Rise in Coeur d'Alenes as Bridegroom Returns

Arky Pearson vice president of Pearson Mining Co returned from St Paul and plans at once to develop the St Joe copper belt property near Wallace. He recently married Miss Eulalie Pearson and expects to split time between the mine and St Paul. The company has consolidated 50 claims and located the Pearson vein by diamond drilling showing 17 and 16 feet widths with copper and gold values. Crosscutting proceeds at four feet per day, within sixty days reaching the vein and enabling new permanent development plans. A fresh vein ground on nine claims shows a strong ore body with surface widths of four feet, enriched copper and gold assays up to 15 percent copper and $14 gold. The new ground will host permanent operations and be nearer rail, water power, and equipment. Dam construction to secure water for power is underway.

The Hill Mining Company Wardner H. J. Huefelt O. 4. Gunderson Kellogg North Bunker Hill Mining Company Arky Vearson I Twneger Mearson Mining Company St. Paul St. Joe Wallace Pearson Minnesota Benedict Eulalie Pearson Reson Pearon Coeur d'Alenes Comany Group of Nine Claims

Also Mentioned on This Page

AMER North Bunker Hill Caledonia Caleonia Osburn Thomas Rowland Coeur D'Alene Mining Radio Adio Hudson River New York Jersey City Associated Press Insburgh Rush J. White Coeur d'Alene Syndicate Mining Company White James P. McCarthy Hecla Company G. Garrett Auto Supply Company Garrett Coeur d'Alene River Montana State Line Coeur d'Alene Engineering and Mining Journal Press Old Hunter Touil Mae Osborn Burke Kelloge Burke Tratton Mines Company Plang OF
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