Silver Price Fixed by Law at $1 for American Output
The Pittman act requires the treasury to buy American silver at $1 per ounce, but proving the silver is from American mines and refined domestically is complex. Officials say purchases are conditional on compliance, while smelters urge simplification and warn of delayed operation. Experts expect eventual buyback near $1, though production remains costly and dominated by American mines.
MENTIONED IN THIS ARTICLE
West
Secretary of the Treasury
Treasury
Washington
Boston News Bureau
James J. Phelan
United States
Refining & Mining Company
Japan
China
India
Pittman
Captain Ed Hawley Backs Beale in Shoshone County Visit
Captain Edgar T. Hawley of Boise, son of ex Governor Hawley and Patch aide, arrived Tuesday and left yesterday. He surveyed senatorial prospects, found no openings, and reported that Republicans across the county back Chiles W. Beale for United States senator.
MENTIONED IN THIS ARTICLE
Edgar T. Hawley
Boise
Hawley
L. V. Patch
United States
Kellogg
Shoshone County
Chiles W. Beale
Kellogg Lawsuit Seeks Injunction Against Big Creek Mill Pollution
The Kellogg City Council and Kellogg Power & Water sue Big Creek Mining to stop tailings from the mill polluting Kellogg’s water supply. Judge John M. Flynn will hear the case next Saturday with a request for a temporary restraining order pending merits. Plaintiffs’ counsel include J. E. Gyde, KR. T. Morgan, and J. F. Airshie. defense by Featherstone and Wayne.
MENTIONED IN THIS ARTICLE
City and Kellogg and Water Company
City Council of
Kellogg
Kellogg Power & Water Company
Big Creek Mining Company
Big Creek
John M. Flynn
J. E. Gyde
Wallace
KR. T. Morgan
J. F. Airshie
Coeur d'Alene
Big Creek Company
A. H. Featherstone
James A. Wayne
Coeur dAlene Mines Show Great Reduction in Profits
The Coeur dAlene mining district saw a steep drop in net profits in 1919 due to high costs, labor shortages, and a two month strike. Net profits were 3,275,123 compared with 7,970,353 in 1918 and 12,154,620 in 1917, despite higher gross output of 14,511,180 in 1919. Expenditures for improvements fell, freight and treatment costs declined, and outlook for 1920 suggests growth as ore reserves remain strong at Morning, Mace, Callahan, and Bunker Hill.
MENTIONED IN THIS ARTICLE
Coeur d'Alene
Bunker Hill & Sullivan
Callahan
Pederal Company
Mace
Interstate Callahan
Informatio
Heela
Bunker Hill
Federal
Frisco
Burke
Hercules
Tamarack & Custer
Caledonia
Interstate-Callahan
Nee
Wardner
Hercules M. A
Wyoming M. & M. Co
Green Hill-Cleveland
Sierra Nevada M. ‘Co
Yukon Gold Co
Caledonia Federal
Black Hawk
Wyoming Gold Hunter Tees
Ontario
Sierra Nevada
Douglas
National
Peld Federal Company
Remarkable Galena Ledge Found on Chicago-Boston Ground
A striking discovery of a galena rich ledge on the Chicago-Boston ground was reported this week. The open cut reveals a 22 foot wide vein with streaks of lead and silver. Julius Goodrich brought samples this morning and noted the vein extends across Lake gulch from the Chicago-Boston shaft, about 400 feet higher and 500 feet west, possibly 200 feet lower down the creek. The Ki Huck crosscut from the 200 shaft level has advanced over 400 feet and recent water in the face contrasts with prior dry conditions. Also, John F. Ferguson, treasurer of Shoshone County, declares he will not seek reelection, citing the demands of accounting work and gratitude for service.
MENTIONED IN THIS ARTICLE
Julius Goodrich
Lake Gulch
Chicago-Boston
Goodrich
North Side Mines Show Much Activity and Plans
North Side mines show high activity with increased tonnage and new development planned. Paragon Consolidated Mining aims to resume deep exploration at the Paragon and Murray Hill properties, sinking a shaft deeper to test ore continuity and overhaul a 100 ton mill for operation, with shipping possibly from Delta or Prichard and an emphasis on securing railroad reinstatement to boost ore movements.
MENTIONED IN THIS ARTICLE
State Utilities Commission
Prichard Ok
Prichard
Paragon
Coeur dAlene
North Side
Tey
Lwanager
Paragon Consolidated Mining Company
Spokane
Murray
Otter
Pargon Company
Stedman
Murray Hill
Paragon Company
Delta
Minnesota
Monarch
Also Mentioned on This Page
ED Hawley
Beale
Coeur d’Alene
W. H. Herrick
Lols
Ferguson
John FP Ferguson
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