Wallace Growth Fueled by Nearby Mines and Rising Prospects
Wallace, once mocked for hoping to be a regional commercial hub, has thrived as mines near the city push forward. Four properties within two and a half miles are developing, with two already shipping ore. If even one reaches full production, Wallace gains population and prestige. a majority could transform its future, boosting employment and district prosperity. The Western Union and Chicago-Boston show promising ore bodies, while Sister Leasing reports encouraging progress on a long-discredited property nearby.
MENTIONED IN THIS ARTICLE
South Fork
Wallace
Coeur d'Alene
Cedar Swamp
Hiriek
Hecla Mining Company Declares Quarter dividend
Hecla Mining distributed 80,000 in dividend checks to stockholders last Tuesday June 28. The quarterly payout fell to 8 cents per share from 15 cents due to weak earnings. First half total reaches 240,000 and grand total paid 8,885,000. Rumors of further production curtailment persist amid weak lead prices.
MENTIONED IN THIS ARTICLE
Hecla Mining Company
Old Argentine mine lease promises high grade silver
Rush J. White, mining engineer, secured a lease and bond on the old Argentine mine two and a half miles west of town, owned by Coeur d Alene Hardware Co, White & Bender, and the E H Moffitt estate. Subleased to Karl Nelson, John Stye, and Steve Carrick for two years, the group aims to locate the famed rich ore shoot once found in the past, with iron content drawing favorable smelter terms.
MENTIONED IN THIS ARTICLE
Rush J. White
Coeur d'Alene Hardware Company
White & Bender Company
Mr. White
Karl Nelson
John Stoyeof
Kellogg
Steve Carrick
Wardner
Valentine Mining Prospect Near Deborgia Development Underway
A letter from Valentine Mining Company president states supplies are being moved to the Deborgia area by manager A L Thurston to start development. Silver Rock near Valentine has repaired the road enabling access to the property. An important ore shoot has been developed, shipments are underway, and management is optimistic about the results of ongoing development efforts. Rejuvenation of the Argentines property two and a half miles west of Wallace has begun after a lease and bond were taken by a capable engineer. The Argentine has shipped ore worth over 200000 dollars, and initial examination work aims to recover the lost ore shoot and return the property to productive operation.
MENTIONED IN THIS ARTICLE
Erty
Wallace
Sisters Leasing Company
Canyon Creek
Dan Murphy
Tamarack
Ed Roberts
Allen G. Kennedy
Bunker Hill
East Helena
Hiil
Sisters Company
Fourth of July celebration and Sisters Leasing progress
Wallace prepares a three day Fourth of July program featuring a patriotic parade with Civil War veterans and a Father Maloney address, airplane exhibition, baseball games, band concerts, and a finishing dance. The Sisters Leasing Co. reports five car loads shipped and ongoing mining work with ore shoots of 60 to 70 ounces silver, 42% lead, and 16% zinc, employing seven men and planning deeper tunneling and a parallel vein.
MENTIONED IN THIS ARTICLE
Wallace
Father Maloney
St. Alphonsus Church
Kellogg, Mullan
Howarth Hall
Board of Trade Adopts Budget Debate Hints Legion Fund Issue
At yesterday’s board meeting, rent for the American Legion hall sparked debate over the Legion fund previously moved to the general fund. The issue was referred to the legion committee for report next meeting. Platt P. Morrow announced an aviation field plan at Osburn with county commissioners to ready the ground. Sidney Shonts warned Weyerhaeuser’s water shortage for a swimming pool and proposed a dam on Placer creek near King street, while noting city plans for a pool for circuses. Greenberg reported Ch amber of Commerce support to preserve Mullan tree and Old Mission church, with negotiations to engage the Jemut society to protect the church site.
MENTIONED IN THIS ARTICLE
American Legion Hall
Board of Trade
Legion Fund
General Fund
Legion Committee
Platt P. Morrow
Kellogg
Osburn
Sidney Shonts
T Tere
Weyer Guich
Placer Creek
King [Street
D. W. Greenberg
Coeur d'Alene
St Joe Basin Prospecting by Frank Rose Near Sherlock Claims
Frank M. Rose and Mrs. Rose traveled to the St Joe basin near the headwaters of the St Joe River to work his Sherlock property placer claims for the summer. He plans to perform assessment work and hopes to extract enough gold to cover costs, continuing a legacy tied to early Coeur d'Alene district prospecting.
MENTIONED IN THIS ARTICLE
Frank Rose
Frank M. Rose
Rose
St Joe
St. Joe River
Sherlock
Peter Sherlock
Coeur d'Alene
London Fire Dept Tests Portable Wireless Telephone Outfit
The London fire department reports a successful experiment with a portable wireless telephone system. The aerial is mounted on two lamp posts to provide communication capability in emergencies.
MENTIONED IN THIS ARTICLE
London Fire Department
County Doctors Cut Hospital Rate By 25 Cents A Month
County physicians with county hospital contracts join in a voluntary 25 cent monthly reduction, lowering the rate to 31.02 percent. Hospital dues are shared by employees and mining companies, with the cut deducted from the employees’ portion. The notice explains the cut is in response to falling prices and reviews prior rate increases for maintenance, specialists, and contagious disease care.
MENTIONED IN THIS ARTICLE
Min Ins
Sargeant Property Near Osburn Sees Work Restarted
William Wilson of Spokane arrives to supervise assessment and potential development on the Sargeant group of claims between Two Mile and Nuckols gulch near Osburn. The idle property shows a lead-silver ore shoot 60 to 70 feet long and 1 to 18 inches wide. Control lies with Montana interests, with Mrs. Sargeant Osburn widow of pioneer Charles Sargeant a major stockholder.
MENTIONED IN THIS ARTICLE
Osburn
William Wilson
Spokane
Sargeant
Two Mile
Nuckols Gulch
Montana
Lookout Road project advances with grading at Willow Creek
Charles turns anu a McRae hold the contract for Lookout pass road construction. Grading has begun at the Willow Creek end and the workforce will grow as more men and teams can be employed. Right of way is cleared for nearly a mile and completion is expected within 100 days.
MENTIONED IN THIS ARTICLE
Charles
Anu A © McRae
Lookout Pass
Willow Creek
Coeur d Alene Development progress on Big Creek vein
Coeur d Alene Development reports assessment work at its forks of Big Creek property. The main tunnel runs 600 to 700 feet along a vein with ore visible most of that distance. A fault appears to have cut the vein, and two crosscuts are now in progress to locate it again.
MENTIONED IN THIS ARTICLE
Coeur @alene Development company
Big Creek
Calf Hide versus Shoe Prices Highlight Profit Gap
The article traces a farmer’s tale near Cato about calf hides sold to a Spokane dealer. A high end dress shoe costs about $15, yet the remittance for a fine hide shows only $1.67 after express charges, with 17 cents balance due. The piece argues an unconscionable profit margin exists between hide sellers and shoe buyers.
MENTIONED IN THIS ARTICLE
W. R. Mulfen
Cato
Wallice
Spokane
Rich gold ledge found near canyon by H J Peters
H J Peters of Gem arrived in town, sent black sand and quartz to the Bunker Mix for assay. Gold recovered from sand weighed four ounces. quartz assay valued at $11,000 per ton. He claims the vein is about eight feet wide with one to six inches of ore, defined along the hillsides on both sides of the canyon. Peters locates four claims and awaits returns from shipped gold. Speculation places the discovery near the head of the St Joe or in Clearwater, possibly on the Montana side tributary to St Regis and Missoula rivers.
MENTIONED IN THIS ARTICLE
H. J. Peters
Axiuy
Neret
Peters
Harry Brown
Wallace Corner
Brown
We. Peters
United States Assay
San Francisco
St. Joe
Clearwater
Montana
Divide
St. Regis
Missoula
Libby Ranks High at Annapolis Naval Academy
R. F. Libby, son of district court stenographer A. C. Libby, tops electrical engineering and physics at Annapolis. He was appointed from Washington three years ago and will graduate next year at 21. On a summer cruise his route includes Christiana Lisbon Gibraltar Guantanamo, with return to Annapolis September 1 and a 30 day leave to visit his father in the city. Last summer’s cruise went to Honolulu via the Panama Canal.
MENTIONED IN THIS ARTICLE
Meres Mond
Emy
Annapolis
R. F
Libby
A. C. Libby
Navalacademy
State of Washington
Taxt
Christiana
Lisbon
Gibraltar
Guantanamo
United States Naval Station
Cuba
Honolulu
Panama Canal
Seattle
Callahan will filed for probate in Spokane estate details
The Will of James F. Callahan was filed in probate court. He left Salvation Army $50,000 and Knights of Columbus $25,000. He also left $10,000 to Frank Ribar and $10,000 to a nurse Victoria. Other bequests ranged from $2500 to $5000 with the residue to family members. The estate includes 76,000 Callahan Zinc Lead shares worth about $418,000 and the Coeur d'Alene cannery valued around $200,000. Executors named are James F. McCarthy and Eugene F. Day.
MENTIONED IN THIS ARTICLE
James F. Callahan
Spokane
Callahan
Milholland & Hough
Hik
Salvation Army
Knights of Columbus
Rolland McDonald
Coeur d'Alene
Alex McDonald
Ruth Rossi
Middle West
Ie Callahan
Callahan Zinc- Lead Company
Callah
James F. Mc~Carthy
Hecla Mining Company
Eugene Fi. Day
Hercules Mining Company
Mr. Callahan
Evangeline Trooth
New York City
New York
Knights of Columbus, Incorporated
Connecticut
New Haven
Conn
Eaid Corporation
Frank Ribar
Wallace
Also Mentioned on This Page
Western Union
Chicago
Cnvel
Chicago-Boston
Wallge Sisters Leasing CO
AN Air
ST. Joe Basin
Lookout Road
Salvation Army and
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