Hecla Reports In On Star Option And Buyout Plan
Hecla Mining directors in Milwaukee join Bunker Hill Sullivan to purchase the Star mine. McCarthy led the talks as Star option shifts to a combined bid, with reports of up to 750000 dollars. Development plans include crosscuts from Hecla workings and possible use of Morning No 6 tunnel.
MENTIONED IN THIS ARTICLE
Hecla Mining Company
Star Mining Company
Star
Milwaukee
Heela Company
Bunker Hill & Sullivan
James F. McCarthy
Hecla Company
Bunker Hill
Bruker Hill
Heela
McCarthy
West
Carl Landsee
Frank J. Kipp
Sarah B. Smith
Chicago
W. J.C. Wakefield
H.C. Lambach
Spokane
KE. J. Nolan
Los Angeles
Hecla
KE. YH. Moffitt
Rex Consolidated begins crosscutting Okanogan vein
Rex Consolidated Mining starts development after idle period. Two shifts are crosscutting from Rex Workings toward the Okanogan vein, parallel to Rex, with hopes of similar productivity. Delaware vein expected to be developed next, shaft to reach 1000 feet total. Financing of £150,000 confirmed. Raymond Guyer, Rex general manager, visited the property last Saturday.
MENTIONED IN THIS ARTICLE
Okanogan
Rex Consolidated Mining Company
Delaware
Raymond Guyer
Rex
Pioneer of North Side a Visitor in Wallace
Adam Ausbach arrived from Murray on mining business and revisited old ties to Murray and Wallace. He founded Murray’s Sun, shaping district news and public improvements including water, light, and a Murray Wallace telephone line. He remains optimistic about Prichard creek becoming a lead and zinc producer amid nearby active mines and developments.
MENTIONED IN THIS ARTICLE
Adam Ausbach
Murray
Wallace
Aul‘buch
Prichard Creek
The
Sun
Coeur d'Alene
Ausbach
San Francisco
Nevada
Utah
Mater and
Lfe
Aulbach
Nabob stock to be sold under execution on June 1
Stewart Mining Company controlling Nabob Consolidated Mining faces a June 1 execution for about 24000 plus costs, total around 40000, unless the debt to J E Codd and Chas Fisher is satisfied. The Nabob mill closed after high costs and freight. ore remains, and under normal conditions the Nabob could return to profit.
MENTIONED IN THIS ARTICLE
Stewart Mining Company
Nabob Consolidated Mining Company
Costa
Nabob
Superior Court of
Spokane
J. E Codd
Chas. H. Fisher
Wallace Prices Found Lower Than Spokane by Board of Trade
A Board of Trade price investigation in Wallace found groceries and meats mostly cheaper than Spokane, with Wallace often matching or outperforming nearby towns. The report, chaired by Platt Morrow and prepared by sub committees, notes declines from peak 1920 levels and cites higher meat quality and lower fuel costs in Wallace.
MENTIONED IN THIS ARTICLE
Board of Trade
Wallace
Spokane
Platt Morrow
Coeur d'Alene City
Missoula
Culbertson’s
Liberty Park Grocery
White & Hender
F. J. Reding
Howes & King
Morrow-Hutton
United States Company
Hush J. White
Coeur d'Alene
Big Creek Company Showcases Rare Rue Creek Ore Specimen
G Scott Anderson president and manager of Big Creek company displayed a rare Rue Creek mine ore blend comprising gilena gray copper chalcopyrite and iron varieties. He said the property has been developed intermittently to build a solid ore body for future reserves as mining conditions improve, noting regular shipments and modest profits despite high costs and freight rates.
MENTIONED IN THIS ARTICLE
Rue Creek
G. Scott Anderson
Big Creek Company
Cardine
Bir
Ansderson
Memorial Day Observance Honoring the Heroic Dead
The Women’s Relief Corps plans Memorial Day activities next Monday with a 10 a.m. parade from the court house to the Sixth Street bridge for a water ceremony honoring fallen service members. Afterward Civil War veterans, women, and children will ride to the cemetery under War Mothers direction. A flag-raising by Grand Army veterans and a brief address by Rev. Mr. Sanders precede a firing squad and taps. Dinner for veterans follows at Odd Fellows hall. Four Wallace World War I veterans remain: Samuel Bowers, CS Hawley. Dolinsenant Harry Williams. M. J. Sanders, pastor. and an evening patriotic service led by the same.
MENTIONED IN THIS ARTICLE
Women's Relief Corps
Court Home
Grand Army Veterans
Mr. Sanders
American Legion
Teller Corps
Odd Pollows’ Hall
Widespread Demand Against Halting Assessment Work
Washington reports strong public pressure to resume assessment work on mining claims. Senator Poindexter says letters from many states demand no exemptions. Alaska’s delegate protests any change, noting winter travel and a proviso to exempt Alaska and set deadlines by December 31.
MENTIONED IN THIS ARTICLE
Washington
Poindexter
Mines and S Mining Committee
Alaska
Senate
House
Lookout Mountain Property Praised by Mine Inspector
Progress advances on the Lookout Mountain property at Pine Creek with a lower crosscut tunnel. Machinery installed recently works well and miners expect 3 to 5 feet of progress per day. The crosscut aims to reach the vein at about 800 feet depth, then a short drift will access ore in the upper workings. State Mine Inspector Stewart Campbell visited recently and expressed approval of the ore showing and development plans.
MENTIONED IN THIS ARTICLE
Lookout Mountain
Pine Creek
Stewart Campbell
Wardner-Kellogg News
Hecla Mining Cuts Dividend as Ore Reserves Grow
Directors of Hecla Mining reduce the quarterly dividend to 8 cents per share for stockholders of record June 1, payable June 28. Strong ore reserves at Hecla, led by main ore body on the 2000 level and east ore body settlement, plus improved lead prices, support a bright profit outlook. plans include moving the old Tiger mill power plant to the Hecla plant and tearing down the Tiger mill building.
MENTIONED IN THIS ARTICLE
YA Merting
Hecla Mining Company
Milwaukee
Federal
Apex
Heela
Wight
Utle
Tiger
Burke
Tiger-Poorman Group of Claims
Tiger Mill
Tturke
Hecla Company
Drift West Promises Rich Find At Cedar Creek
Cedar Creek progress shows a west drift under a top ore show in the tunnel above. The run is about 7 feet distant and could reach the target by June 10. A vein of strong ore is developing, with confidence of an important ore shoot upon completion. East drift exposes milling grade lead silver and zinc, with expectations of better ore in the next drift.
MENTIONED IN THIS ARTICLE
Cedar Creek
Creasaut
Also Mentioned on This Page
Ieda
Grouse Gulch
Hunker Hill
North Side
Wallage
Paragon Consolidated Mining Company
L. W. Stedman
F. O. Hammer
St. Paul
Stedman
Hugh McGillis
Blackhorse
Monarch
Fidelity Company
Teasers
Bear Creek Company
Giant Ledge
Cedar Creek Mining & Development Company
Butte Creek
Idaho Northern
Iwill
Creaseut
Jack Waite
Nanher
Old Tiger
Move Power Plant
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!