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Wallace Miner in Wallace, Idaho

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

May 10, 1923

Page

1

Silver Men Protest Secretary's Ruling

Silver producers press Treasury to reverse its ruling on Pittman act silver allocations for subsidiary coinage. The secretary's decision cut purchases by 13,931,483 ounces, affecting future buys and potentially saving over 3 million dollars if reversed. Senator Pittman protests, urging the Treasury to treat allocations as sales and add them to Pittman act purchases.

SLVER Secretary of the Treasury Treasury Department Mint Pittman Comptroller General United States

Kingsbury Returns to Fast-Track Mining Plans

Hi B Kingsbury and Mrs Kingsbury returned from New York after two months abroad to advance Independence Lead and American Commander projects. He says east stock conditions slowed progress but new arrangements should speed development, with No 4 tunnel raise at Independence near 90 feet and No 1 tunnel on American Commander to begin around June 1. United States coal mines may yield 700 to 900 million tons annually.

Hi. B. Kingsbury Mrs. Kingsbury New York Mr. Kingsbury Independence Lead No. 3 Kingsbury No. 1

Ajax Mining progress reported by city officials

Commissioners endorse road policy as Ajax Mining advances its flagship crosscut toward the Ajax vein. A C Bixby reports the 1400 foot deep cut and 600 feet below the lowest workings, with 266 feet advanced last month. Three veins intersected, two strong, eyeing a large ore shoot near the Moonlight vein.

Inager A. C. Bixby Ajax Mining Company Ajax Crowsent

No Other Plan Proposed for County Road Paving Policy

Shoshone county commissioners detail a road policy funded by federal and state aid to standardize and pave the main highway with a county debt of 300000 dollars. The plan uses less than half the current road fund for interest and sinking, aims to wipe debt in ten years, and seeks endorsement from the Good Roads association without raising taxes. The proposal would shift maintenance to the state highway department funded by gasoline tax, with substantial savings for automobile owners on paved roads.

Shoshone County Shoshone Good Roads Association Good Roads Association Liberty Theatre F. W. Guilbert Spokane Spokane County Goods Roads Association D. T. Ham Board of County Commissioners Spokane County Guilbert Ham M. H. Sullivan State Highway Department Gan Bureau of Public Roads Department of Agriculture Shoshone Jos. A. Murphy Thin City Callahan Idaho Bureau of Public Highways Weston Pocatello Yellowstone Park Montpelier Huntington Ore Kootenai Cataldo Lookout Pass Federit

Independence Company Looks to Productive Summer Start

Independent s company chief William Fulite says work on the Kelly creek ground near Moose City will begin by June end with bedrock formation and ditching ready to provide hydraulic power. Financing by Mae McNeil supports the plan as water facilities are ample and early estimates show strong profits. washings to start by August with a brief cleanup to prove pay dirt richness.

William Fulite Independence Macer Company Mae McNeil Kelly Creek Clearwater Moone Creek Moose City Independence Company

Pioneer Lead Mines renamed and recapitalized

At a special stockholders meeting the Pioneer Mining Company adopted a resolution to rename as Pioneer Lead Mines Limited and increase par value from 25 cents to 1 dollar per share while keeping 1,500,000 shares. The move funds faster development at Beaver creek claims near Carbonite with four parallel veins and a crosscut reaching the main vein in about 1200 feet at 700 feet depth. Officers and directors include Dr. I. E. Hanson president, Sam H. Linn vice president, Herman Marquardt secretary-treasurer, and O. H. Linn, Wallace, with Mike Murray of Mullan.

Pioneer Mining Company Pioneer Lead Mines Limited O. H. Linn Beaver Creek Carbonite Callahan and Kay- Jefferson Company Beaver Pioneer Company Canyon Creek Nine Mile The Pioneer Lead Company I. E. Hanson Sam H. Linn Herman Marquardt

Big Hill Crosscut Near Rich Silver Lead Vein

Development resumes at Big Hill & Silver Dale on Big Creek. The main crosscut tunnel extended 1450 feet and now within 50 feet of the Big Hill vein at 600 feet depth, aiming to disclose a commercial silver lead ore body. The vein carries a heavy iron cap with assays showing 70 ounces of silver and some lead at grass roots. Ample water for power is available and the board voted a 2 mill assessment to finance the push.

Big Vein Wardner-Kellogg News Big Hill & Silver Dale Company West Fork Big Creek Big Hill

Nine Mile Mining Co Plans Development Prospects

Nine Mile Mining Company reports progress after taking over the Log Cabin group near Wallace three and a half miles away. Financing for development has been arranged, with work to resume soon on a 22‑claim belt crossing the west fork of Nine Mile. Veins on Sar code ground show promise, and officials like Otto A. Olsson and Therrett Towles hold leadership roles as mining engineer KE. G. Gnacainger offers cautious optimism about a potential paying mine with further development.

Log Cabin Group Nine Mile Mining Company Nine Mile Wallace Sam H. Linn Nine Mile Company Northern Pacific Railway Washington Water Over W R. Wallace Topeka Cabin Claim KE. G. Gnacainger Otto A. Olsson Therrett Towles

Jewell Gulch Discovery Crosscut Progress Near Surface Vein

Jasper Alamanno of Osburn reports a crosscut through the Jewell gulch lead-silver vein to 90 feet with about 100 feet remaining. The discovery shows a 4 foot wide vein with Tead silver stringers, some inches thick, near the surface. Depth potential is limited by tunnel feasibility, yet development draws notable attention.

Jewell Gulch Jasper Alamanno Osburn

Galena East Drift Two Feet Milling Ore Shows Promise

CW Newton of Callahan Zinc-Lews reports Galena East Drift shows a two foot vein with about two percent lead and four ounces in silver, deepening 1500 feet from portal. Plans call for sinking the shaft 400 feet more to the 600 and 800 levels, installing an electric hoist, expanding buildings for at least 60 workers, and expanding development to place the property in permanent production.

Gauteng Chicano-Heston Newton Callahan Zinc-Lews Company Galena

Rainbow Mining resumes work after repairs near Shields Gulch

George Austin, manager of Rainbow Mining and Milling, reports early work finished at Shields Gulch property about three miles east of Wallace. Wagon road restored, tunnels cleared for underground work, water power tests planned, and an engineer studying water supply to drive a compressor. Potential connection to Washington Water Power line for emergencies. Rainbow tunnel shows gray copper ore. a lease may be arranged. East side joins Argentine, which ships high grade silver ore, with good prospects for similar finds if extension proceeds.

George Austin Rainbow Mining & Milling Company Shields Ulch Wallace Shields Gulch Washington Water Power Company Little North Fork Rainbow Austin

Bullion Mining stockholders adjourn special meeting

The Bullion Mining company stockholders adjourned last Saturday meeting until June 6. The session aimed to decide on increasing capital stock, needing two thirds of outstanding stock, but the represented amount fell just short.

Bullion Mining Company

Also Mentioned on This Page

Commissioners Ence Nine Mile Mining CO ABLE
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