Market for metal has a better tone
The Eastern Mining Journal notes a likely bottoming of metal prices with an upcoming rise. Lead steadies around 4 cents, Hecla and Morning operations continue, and the market is firmer due to reduced London volatility, lower Mexican production, and rising demand from builders and manufacturers. Zinc remains weak with galvanizers as the main buyers, while brass zinc and high grade pricing hold premiums.
MENTIONED IN THIS ARTICLE
Bunker Hill & Sullivan
Engineering and Mining Journal
London
St. Louis
New York
South
Middle West
Prime Western
Imperial Mining shares assess five mills per
Homer G. Brown secretary of Imperial Mining reports a five mill per share assessment to fund ongoing work at the Imperial property. ore shows in upper tunnel, a 50 foot raise to reach vein, crosscut 700 feet below failed to intersect. raise to vein underway. six men employed. ore stringers with 10.9 to 18.0 lead values and 2 to 3 ounces silver observed. stockholders urged to pay assessment. financial statement to accompany receipts. Volney Williamson to inspect Kellogg Bunker Hill smelter. shifts to oil ventures due to weak mining activity.
MENTIONED IN THIS ARTICLE
Homer G. Brown
Imperial Mining Company
Imperial
Brown
Burke
Idaho Leasing Builds Tramway to Loading Station
Idaho Mines Leasing company, tied to the Frisco group, is building a 750 foot cable gravity tramway from its mill near the No. tunnel portal to a railroad loading station. The 100 ton mill, now under Mr Phelan, will operate two shifts starting tomorrow with three carloads of concentrates ready for shipment.
MENTIONED IN THIS ARTICLE
Idaho Mines Leasing Company
Frisco Group
No. & Tunnel
Phelan
J Hercules
Amazon-Dixie and Western Union Mining Firms Report Progress
A published stockholder letter from Amazon-Dixie Mining, led by Wesley Everett and Herman J. Mossi, details electrification of the plant begun in 1918, a 9 mile power line, multiple transformers and underground wiring, plus capitalization changes and planned consolidations with Leslie Copper Mining. Separately Western Union Mining secretary Ben J. Collins reports ore shipments from 1920 totaling 11 carloads and rising, with silver and lead yields, a 25 percent royalty, and plans to extend tunnels and crosscuts as top management cautions against false stock statements.
MENTIONED IN THIS ARTICLE
Amazon-Dixie Mining Company
Wesley Everett
Herman J. Mossi
Amazon-Dixie Company
Cleveland
Ohio
Oflee
Lolo Forest Reserve
Taft
Mont
Montana Power Company
Chicago-Milwaukee —Railway
Western Union Mining Company
Ben J. Collins
Imber
Collins
Wens
Independence Lower Tunnel Development Begins With Inspections
W E Callen of Spokane, secretary measurer for Independence Land Mines, is due tomorrow to inspect the property with Ho Kingatury, a director. They will closely study the upper tunnels where lead-silver ore shows, and may clear or deepen an old shaft. An engineer will then assess where to start work in the lower tunnel to access ore from the upper tunnels.
MENTIONED IN THIS ARTICLE
W. EB. Callen
Spokane
Independence Land Mines Company
Ho Kingatury
Mleore
Sunset mine ore show boosts West Sunset prospects
Senate Clark has funded Sunset development with a deep vertical shaft of 800 feet and a 2000 foot total depth. West Sunset reports wide ore with 1 to 3 feet of clean milling ore in the drift. About 20 men are employed. snow lies 16 feet deep at the cabins.
MENTIONED IN THIS ARTICLE
W. A. Clark
West Sunset Company
Clark
West Sunset
West
Gray Wins Big Suit In Mining Case
Johnny Gray wins a landmark mining suit in Kingman Arizona where Tom Reed Gold Mines sued United Eastern Mining over Owlman properties. The verdict involves an estimated million dollars. Curtin H. Lindley of San Francisco represented Tom Reed and died soon after the trial. Gray’s success adds to his mining litigation record. The issuing company maintains an office at 1109 Paulsen Building Spokane Washington and invites stockholders to learn facts and visit the mine.
MENTIONED IN THIS ARTICLE
Johnny
Messay
Kingman
Ariz
Tom Reed
Paulsen Building
Spokane
Washington
Marsh Hecla Apex Gage Settlement and Mine Costs
Settlement ended a costly dispute over Marsh Mines Consolidated lease and claims on the O’Neil Mono Fraction and Huesolt areas. A $100,000 offer from Federal Mining and Smelting was rejected. Marsh faced funding gaps, possible 2 cent per share assessments, and ongoing litigation costs as development work stalled after a fault broke the vein near the east line.
MENTIONED IN THIS ARTICLE
Hestock Bream of
Marsh Mines Consolidated
Detter
Federal Mining & Smelting Pany
Marsh
O'Nei
Mono
Huesolt
East Vega
Riochel
Federal
Marsh Company
Heela
Fedal Company
Hecla
Senatees
Teusteet
Confidenes
Rew
Spokane
Owen
Marsh-Heela
Ise
Washington
Also Mentioned on This Page
Eastern Mining Journal
Volney PD
Williamson
Coeur d'Alene
Wos
Kellogg
Bunker Hill
Idaho Leasing
Western Union
Leslie Copper Mining Company
Ter
Neral
Maines
Raine
King
No. 4
No. 1
Gray
Apex Gage
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!