Federal Mining & Smelting annual report notes profits and zinc recovery
Federal Mining & Smelting Co shareholders receive F Brownell president year ending December 31 1921 report. Earnings total 716784.40 with 479448.00 to preferred stock. zinc market signs of recovery, Morning mine lower levels development, Brewster mine profitable, Star litigation settled at 350000, Bunker Hill stock revalued to 35 per share with 3 per share dividend.
MENTIONED IN THIS ARTICLE
Federal Mining & Smelting Company
Brownell
Shrownell
Oklahoma
Independence
Halley
United States Treasury Department
Our Lucky O. K
Brewster
Bunker Hill
Bunker Hill & Sullivan Mining & Concentrating Company
Lookout Road Funds Set For Mineral County Construction
Mineral county officials announce a $35,000 advance from the forestry bureau to complete Lookout pass road linking with the Shoshone county route. Bids will be invited soon and completion is aimed for the first of July. The project opens a scenic Yellowstone trail segment and should draw more travelers through the Coeur d Alenes.
MENTIONED IN THIS ARTICLE
Mineral County
Commissioners
Montana
Forestry Bureau
Lookout Pass
Shoshone County
Yellowstone Trail
Coeur d'Alenes
Independence Placer to Begin Operations
The Independence Placer Mining company plans a spring start after April 1. The 200 acre tract spans Independence and Moose creeks and Kelly creek confluence in Clearwater county. A long ditch and bedrock flume provide water and head for hydraulic mining, with expected daily handling of 1000 yards of gravel and pay estimated at 35 to 40 cents per yard. William Fable, the president, says men will begin soon, financed through M H McNeil.
MENTIONED IN THIS ARTICLE
Independence Placer Mining
Independence
Moose Creeks
Kelly Creek
Clearwater
Clearwater County
Orofino Creek
Moose City
Indeependence Placer Mining Company
Independence Creek
Moose City Gulch
Moose Creek
William Fable
Independence Company
M. H. McNeil
Bunker Hill Company
Shaft No. 2
Coeur d'Alene Hardware & Foundry Company
Bunker Hill Reports Big Ore Shoot on No 16 Level
News from the Bunker Hill region describes a major ore shoot cut on No 16 level near the original discovery. It notes six feet of shipping lead-silver ore with a large additional lower grade extension, found by Zeke Taylor and Walker D Johnson, who hold a lease on the old upper workings. The discovery is crossing toward the No 3 tunnel, with several carloads already shipped when practical.
MENTIONED IN THIS ARTICLE
Bunker Hill
Bunker Hill & Sullivan
Ketology
Bunker Mill
Zeke Taylor
Hunker Hill Company
Walker D. Johnson
Taylor and Johnson
No. 16
Kellogs
Hecla Mining reports Wide West ore shoot boosts assets
Dividend checks totaling 150000 were mailed to Hecla Mining stockholders as the quarterly payout. The company ships about 500 tons of concentrates monthly and expects dividends to continue while developing the Star property. A discovered ore shoot on the Wide West claim, part of the Tiger-Poorman group, shows 160 feet of ore 18 inches to 2 feet wide.
MENTIONED IN THIS ARTICLE
Hecla Mining Company
Hecla
Wide West
Tiger-Poorman
Heola
Apex
Galena
Radio quotes spread by Chicago Board of Trade
The Chicago Board of Trade began distributing market quotations and news every half hour during business sessions via radio telephone. The service covers about 400 miles through Westinghouse facilities. The remark about marriage as the longest sentence is noted.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Westinghouse Electric
Ata
Western Union Mining to Expand Developments in Spokane
After a directors' meeting in Spokane, Hen L. Collins announced Western Union Mining will install a higher capacity compressor to support an extensive development program. Plans include extending No 3 tunnel toward the rich ore shoot, a parallel vein test from No 4, and sinking 200 feet on the vein from No 4. Leasers continue shipments with a 25 percent royalty as ore shows improved prospects.
MENTIONED IN THIS ARTICLE
Western Union Mining Company
Spokane
Hen L. Collins
No. 3
No. 4
Amazon-Dixie Shaft Reaches 1600 Level With Major Excavations
Wesley Everett of Amazon-Dixie Mining reports the shaft from 1100 level to the 1600 level is sunk 415 feet in six months and three days. The two-compartment shaft measures 1 foot 4 inches by 6 feet and rock is very hard. Excavation for a skip pocket is complete, with a 20 by 30 feet top, and a station is underway including a second pump chamber. A mule chamber and larger sump are planned, with production expected after vein reach, possibly by June, with a double celebration anticipated at Sildix for the mine and the Yellowstone trail milestone.
MENTIONED IN THIS ARTICLE
Wesley Everett
Amazon-Dixie Mining Company
Amazon-Dixie
Everett
Skip
Sildix
Yellowstone Trail
Lookout Pass
Montana
Divide
Idaho
Jim Blaine Elects Directors at Annual Meeting
At the Jim Blaine Silver Syndicate annual meeting, Daniel Krehbiel of Spokane was named president, R L Brainard of Kellogg vice president, Matt Baumgartner of Spokane secretary treasurer, with F W Miller and Harry Morrell of Kellogg elected directors. The firm is developing Pine creek claims with a cross cut to reach multiple veins at 800 feet depth, backed by a compressor and modern equipment indicating over $10,000 in outlay.
MENTIONED IN THIS ARTICLE
Silver Lode Mining Company
Kellogg
D. Williams
Clay Wilson
Fred Thiel
Joseph Reager
H. J. Lance
Slate Creek
Jim Blaine
Famous Gold Mine on the North Side
A historic account from Murray Idaho describes the Gulden Cheat Group near the ridge east of Murray and its discovery. Locators included Charley Sinclair, Stobart T. Horn, and W. H. Clagett, with developments, legal challenges, and a dramatic town celebration after a two-week trial. The event marks early Coeur d’Alenes mining activity and the shift from placer to quartz mining.
MENTIONED IN THIS ARTICLE
Guluh
Ue Ridge
Aue
Dora
Cuplens
Charley Sinclair
Stobart T. Horn
W. H. Clagett
Syndicate
Louisville
Waymaster Group
4 Syndicate
Judge Clagett
Pierce City
Murray
Mur= bay
Thipat-Pariora
Jim Mountenay
Jim
Coeur d’Alenes
Coeur d'Alenes
Also Mentioned on This Page
Federal M. & 5
Suu Mung Company
Star Company
Lookout Road
Independence Placer
Wallace Company
Cedar Greek
Widewest
Schwabe
Cedar Creek Mining and Development Company
W. C. Schwabe
William Becker
Cedar Creek Company
Man
Annou
Western Union
Adam Aulbach
Murray, Idaho
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