Silver policy voiced by Idaho official in Boise
Ravenel Macbeth, longtime Idaho State Mining association secretary and state senator from Custer county, arrived in Boise to press mining leaders on the silver issue. He cites support for Nicholson of Colorado’s resolution creating a national commission, explains Pittman act implications, England’s seigniorage, and potential boosts to American silver circulation if Smoot bill passes, while noting India China and Germany factors and the need to restore silver dollars to banks.
MENTIONED IN THIS ARTICLE
Ravenel Macbeth
Idaho State Mining Association
Custer County
Boise
Washington
Macbeth
Denver
Salt Lake
Boise Statesman
Nicholson
Colorado
Treasury
Pittman
National Commission
Simcot
Idaho
Mackay
Senate
England
India
China
Germany
Orient
London
America
Great Britain
Spokane Chamber of Commerce
Ladenburg-Thalman
New York
France
United States
Mint
Treasury oMcials
Smoot
Senate Finance Committee
Marsh Mines Consolidated Board Calls One Cent Per Share
Marsh Mines Consolidated directors levy an assessment of one cent per share, aiming to raise about $20,000 for continued development. Moore reports assay shows silver and lead values but no commercially valuable ore yet, though optimism remains. A fault at Russell tunnel level 940 feet up shifted the vein about 50 feet north. the eastern segment is found and vein traced over 400 feet, a wet fissure two to ten feet wide with quartz and some mineralization typical of Coeur d Alene veins.
MENTIONED IN THIS ARTICLE
Moore
Marsh Mines Consolidated
Russell Tunnel
Coeur Alene
Road Improvements Set After Rail Officials Conference
County commissioners and the C W R N company reached a satisfactory agreement on a highway realignment west of town. The route will parallel the railroad from the Continental oil station to opposite the bridge crossing the river near the old sampler site. Proceedings included Joseph A Murphy state highway engineer, William Connelly railroad officials, J W Robb and James A Wayne. The change will remove Markwell Hill, with bids to construct the 4.17 miles of improved state highway and Pine Creek work to follow. Bridge work will have concrete abutments ready by February 1.
MENTIONED IN THIS ARTICLE
C.W. R. & N. Company
Continental Oil Station
Joseph A Murphy
William Connelly
J. W. Robb
James A. Wayne
Markwell Hill
Pine Creek
J. W. Dyers
Crop Forecast Warns of Promoters in New Year
A crop forecast from the Engineering and Mining Journal warns suckers may face a year of fake schemes and crooked promoters. It notes unsettled blue sky legislation and urges caution, citing broker pamphlets from Los Angeles with flashy mine and oil property offers.
MENTIONED IN THIS ARTICLE
Engineering and Mining Journal Press
Los Angeles
Kingman
Ariz
Yuma
Cripple Creek
Stock Dividends Boost Capital Stock Dramatically
In the last quarter of 1922 the capital stock of several hundred corporations rose by over 2 trillion dollars as estimated by the Associated Press. Nearly all the increase was paid out to stockholders as stock dividends, signaling broad equity expansion.
MENTIONED IN THIS ARTICLE
Associated Press
Fall of Russian ruble marks a new era of decline
An excerpt describes the collapse of the German mark and the ruble, noting Russia's economic ruin in Petrograd. It depicts hyperinflation, ruined infrastructure, and the emergence of a new Soviet bourgeoisie, with references to factories, wages, and living costs.
MENTIONED IN THIS ARTICLE
Sonora
A. H. Featherstone
George L. Richardson
W. A. Smith
Otto Dubeck
Conrad Holts
D. Cole
George
Reese
Juto
Petrograd
Novski Prospekt
Nevakt
East Uwine
Russia
Moscow
Want to Be a Good American
In 1910 during forest fires near Coeur d Alene, Tony an Italian immigrant volunteers to warn doomed miners atop Striped Peak. He risks life amid flames, returns badly burned, is celebrated as a hero in Wallace while reaffirming his wish to be a good American despite language barriers.
MENTIONED IN THIS ARTICLE
Russell F. Collins
Wallace
Idaho
Coeur d'Alene
Big Creek
Pulaski
Jin
Tony
Wallace Town
North Star mining crosses toward north vein near Black Cloud
G W Dougherty of North Star Mining says a contract to extend the main crosscut was let to Chas C Garton this week and work is proceeding. The 1200 foot crosscut aims to reach the north vein about 600 feet deep beneath a large blowout, near Black Cloud two and a half miles from Wallace. One pound of saccharine sugar equals a quarter ton of sugar.
MENTIONED IN THIS ARTICLE
G. W. Dougherty
North Star Mining & Development Company
Chas. C. Garton
Pougherty
North Star
Black Cloud
Nine Mile
Wallace
Sonora Crosscut Discovers Promising Galena Vein
A new vein on the Sonora property was located about a year ago and a crosscut begun. Last week the crosscut reached the vein at roughly 60 feet depth, revealing a fine galena show. Width and extent unknown, but the ore body warrants deeper development planned by management.
MENTIONED IN THIS ARTICLE
Sonora
Coeur d Alene mining assessments listed for several firms
A historical notice lists assessments levied by Coeur d Alene mining firms including Ajax, American Mines, Big Elk, Copper King, Giant Development, Jerome Silver Lead, New Hope, Oreano, North Bunker Hill, North Star, Silver Mountain, Saltese Consolidated and Silver Dale Big Hill. Details include levy dates from January to November, amounts from 1 cent to 5 mills, payment targets to named treasurers or secretaries, and delinquent sale dates ranging February to April with post times where indicated.
MENTIONED IN THIS ARTICLE
Ajax Mining Co
J A. Havighorst
W. 1Th Avenue
Spokane
Big Elk Mining Co
A. H. Featherstone
Wallace
Copper King Mining & Smelting Co
H. W. Ingalls
Mullan
Giant Mining & Development Co
E. R. Turk
New Hope Mining Co
Otto A. Olsson
Oreano Mining Co
John Dolan
Waljiace
North Bunker Hill Mining Co
N. T. Hardy
Keloge
North Star Mining Co
T. S. Tweed
Silver Mountain Mining Co
Phil Tice
Potlatch
Idaho
Saltese Consolidated Mining Co
Harry W. Smith
South Stevens Street
Silver Dale & Big Hill Mining Co
D. W. Knudson
Kellogg
Sherman Lead Company annual stockholders meeting set
Sherman Lead Company calls its annual meeting for stockholders in the Day building Wallace on February 7 at 3 00 p m. P J Maggy secretary.
MENTIONED IN THIS ARTICLE
Sherman Lead Company
Wallace
J. Maggy
Lookout Mountain to Begin New Tunnel for Vein Depths
Lookout Mountain Mining plans a tunnel on the vein at 1000 to 1200 feet below upper workings after sinking 80 feet and drifting ore east and west. The vein is exposed near ore bins by Pine Creek and ore indicators are favorable. The move follows geologist Oscar Hershey’s recommendation. The note adds a curious line about sleep periods.
MENTIONED IN THIS ARTICLE
Lookout Mountain Mining Company
Pine Creek
Oscar Hershey
France actions in Ruhr occupation draw mixed American reactions
A New York newspaper hails France as occupying the Ruhr while noting Britain and America appear neutral between France and Germany. The piece argues the U.S. cannot remain neutral and must acknowledge its role in World War I and resist letting aggressors burden victims, underscoring a moral duty to uphold justice and liberty.
MENTIONED IN THIS ARTICLE
Ruhr
New York
Great Britain
America
France
Germany
Daily Metal Quotations Set Basis for Settlement
The Engineering and Mining Journal provides daily quotations for silver lead zinc and copper used as the settlement basis in smelter contracts. Quotations reflect sales reported by producers and agencies, reduced to New York and St Louis cash basis. Prices are in cents per ounce for silver and cents per pound for the other metals, with copper often sold delivered including seller freight.
MENTIONED IN THIS ARTICLE
Engineering and Mining Journal
New York
St. Louis
Also Mentioned on This Page
Idaho Mining
FUL Outlook
Marsh
ST. Petersburg
Italy
Rome
Striped Peak
American Mines Co
H. Pattison
Walace
Central
Miss Effiney
Lookout Mountain
N.Y
Electro
Taos T
Agai
Troy
Enon
Detober
Severon
Ee Aebor