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Wallace Miner in Wallace, Idaho

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

Jan 19, 1922

Page

1

New Discoveries Bid Fair to Make Coeur d'Alene Mines Important

The 1922 outlook for Coeur d'Alene mining is brighter as lead remains strongest among base metals. Domestic and world lead production trends, tariff protections, and foreign influences shape a cautious, upward market. Eastern investors visit districts seeking worthwhile investments while operators push dormant mines toward expansion.

Coeur d'Alene European Exchange St. Louis Silesia Germany Poland United States Coeur Marines

Star Mining stockholders receive quarter million dividend

Stockholders in the Star Mining company received dividend checks totaling 250000 this week at a rate of 25 cents per share on 1000000 shares. The payout follows a 350000 settlement from Federal Mining and Smelting for ore removal. Development of the Star property advances from a crosscut tunnel toward the Star vein from the Hecla mine at about 300 feet monthly with three shifts six days weekly.

Star Mining Company Star Federal Mining & Smelting Company Bunker Hill & Sullivan Company Hecla Mining Company Star Company W. C. Wakefield Austin Corbin Charles Hussey Charles K. Wonder J. G. Cunningham Hecla Star Vein

Keefer Group on Eagle Creek to be Developed

Nine claims on Eagle Creek near Waite Station, led by T H Keefer, with Pittsburg financiers represented by C M Wray, plan immediate development. A crosscut near the vein at 140 feet aims to reach productive ore within 30 to 40 more feet, with hand work now and compressor equipment planned for spring. The formation mirrors the Gold Back vein and shows carbonate ore with silver and traces of gold. State Mine Inspector Campbell notes mining is reviving as costs and prices improve and larger producers may resume operations.

Eagle Creek T. H. Keefer Red Monarch Waite Station Waite Station. Mr. Keefer Was In the City Last Week, Accompanied By C. M. Wray Pittsburg Keefer Wray Pendleton Boise Murray Stewart Campbell

The Promise of a Year of Achievement for the Coeur d'Alenes

Edwin Selgin in the Business Chronicle of the Pacific Northwest envisions 1922 as a year of achievement. He links a new seven year cycle to hopeful social and economic recovery, urging personal effort and practical action to ensure progress and prosperity. The piece frames 1922 as starting under favorable conditions and advocates a pragmatic, determined approach.

Business Chronicle of the Pacific Northwest Edwin Selgin

New Caledonia Cuts Main Vein in Wardner District

The New Caledonia Consolidated Company reports the drift on the main vein progressing satisfactorily after a 750 to 760 foot crosscut, with silver and lead values seen along the footwall. Management cites strong, well defined vein and expanded equipment and holdings as the company approaches a potentially epochal mining period amid rising interest in silver and lead properties.

New Caledonia Consolidated Company Wardner Caledonia Stewart

Jim Blaine Pine Creek Property Shows Promising Mineralization

The Jim Blaine Silver Syndicate property in the Pine Creek district reports the lower crosscut tunnel advanced 275 feet under manager Harry Morrell. Heavy water and slow progress due to timbering, but the mineralized face carries lead values with good potential. A drift will follow the best showing as machinery and machine drills are set to accelerate work on the consolidated 27 claims near Lookout Mountain.

Pine Creek Jim Blaine Silver Syndicate Harry Morrell Jim Blaine Holdings Jim Tanne ‘Group Bristol Maims Chespeake Lookout Mountain

Rae-Wallace stockholders meet in special session

Stockholders of the Rae-Wallace Mining company are called to meet February 4 at 7 oclock to consider increasing capital stock and other business. The firm owns gold claims in Willow Creek district Alaska. A milling plant was completed last fall and ore treatment planned. Allan G Kennedy is secretary of the corporation.

Rae-Wallace Mining Company Willow Creek Alaska Allan G. Kennedy

Lookout Mountain to Develop Tonnage on Ore Rise

Lookout Mountain property on Jing creek reports 4 to 6 foot ore shoots in both oxide and sulphide forms at 300-foot level. Drifts 200 feet, three high grade shoots, galena-rich. Plans tramway to Bunker Hill smelter, ore bins near Beeler schoolhouse, trucks to haul eight miles. Development aims 600-foot vertical depth and 1100-foot tunnel beneath upper workings. Directors, Kellogg men led by R. L. Brainard, finance via ore shipments.

Lookout Mountain Jing Creek FB. O. Merriam Coeur d Alenes Galena Bunker Hill Beeler No. 1 Lookout Company Beeler Schoolhouse Treasury Corporation Kellogg R. L. Brainard William Roro W. L. Penny W. E. Waltman Frank Roro

Little North Fork District May Secure Rail Transportation

Forestry officials and mill operators study the Hayden Lake Honeysuckle route to bring a railroad into the headwaters of the Little North Fork. Vast virgin white pine resources and several developed properties near the proposed line fuel hope for rail haulage. No serious engineering issues are indicated, and the plan will receive serious attention in the coming months.

Little North Fork Hayden Lake Honeysuckle Coeur d'Atenes

Hilarity group development resumes at Pine Creek mining

Development work on the Pine Creek Mining and Milling property will resume after discoveries in the Hilarity group. Reports to stockholders detail progress from June to November 1921 with iron carbonate outcrops, galena, and silver values. Assessed at one and a half mills to fund continued footwall drift expansion and crosscuts every 100 feet, with Merriam consulting in the district.

Pine Creek Mining and Milling Company Hilarity Group C. 8. Stone H.W. Ingalls You Mine Hilarity Saleh Gunnel Inn Wouth

Hecla Bunker Hill Purchase Case Heads to Stockholder Meeting

The Spokane superior court heard motions in the Hecla Mining versus Monker Hill case over the Star mine sale to Bunker Hill. Judge Huneke signaled readiness to permit a stockholders meeting to ratify the Star agreement, while plaintiffs push for a merits ruling first, with trial to follow. The proceedings include arguments by W H Plummer for Day and Mrs Smith, and calls for stockholders Murphy Radovich Hutton to be added as plaintiffs in the suit.

FTER W. H. Phunmer Eugene Kt. Day Sarah BE. Smith Ncon Heola Mining Company Monker Hill & Sullivan Mining & Concentrating Company Huneke Spokane County The Heck Lunker Hill Washington Turner Mlummer Ite Merita Supreme Court Thecla Bunker Hill Star Mr. Plummer John C. Higgins

Also Mentioned on This Page

Keefer Group Jim Hiniie Spokane Coeur d’Alenes New Caledonia Jim Blaine Rae-Wallace Hill Smelter Ingalls East Drift C.F. O. Merriam Day-Smith
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