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The Wallace miner. [volume] (Wallace, Idaho) 1907-current, March 02, 1916, Image 1

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85007266/1916-03-02/ed-1/seq-1/

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ME WALLACE MINER
STOCKHOLDERS
Will find
company
to them
METAL QUOTATIONS.
new* and
Lead, $6.45.
Copper, [email protected]
Spelter, $20.50.
Silver, 56%c.
notice* of intoreat
Th# Minor.
in
WALLACE, IDAHO, THURSDAY, MARCH 2, 191(5.
NO. 3.
VOL. X
FIVE CENTS A COPY.
RIGHT OF WAY SECURED AND AGREEMENTS FOR ORE SHIPMENTS
—HAULING TIMBER WILL BE BIG FACTOR—WHO IS
BACK OF THE ENTERPRISE.
Pine creek is to have a railroad. Lo-#
cal business men who fully recognize
the importance of that section as a
future traffic producer have taken ad
vantage of the delay of railroad com
panies in occupying it and have now
practically secured right of way for a
line from the mouth of the creek to
the Constitution mint* and for about
three miles up the west fork. It is ex
be
of
pected that the last papers will
signed today securing the right
way, and as soon as conditions permit
work preliminary to actual construe
There are no serious
tlon will begin,
difficulties to overcome in the way of
construction, and before the summer is
far advanced it is expected that the
While
railroad will be in operation.
the local men who are at the head of j
I
the enterprise are not doing any talk
lng for publication, they have said
enough to justify the above statement
They have not only secur- i
they have :
and more.
ed the right of way, but
secured verbal agreements with the
large shippers- of Pine creek Vvhich in
sures profitable revenue to the enter
prise as well as greatly reducing the
cost to the shippers. W. H. Herrick,
county assessor and a mining man of j
many years' experience in the Coeur [
d'Alenes, has been active in getting i
the enterprise in tangible shape and
has been successful in every particu
lar. Other local men associated with
him are Herman J. Rossi of this city
and W. W. Papesh of Kellogg. It is
understood that outside capital has
been secured to carry the project to
completion.
Big Tonnage in Sight.
In speaking of the tonnage to be ex
pected for the proposed railroad, one
of the promoters referred to the tre
mendous timber resources which will
be available to a railroad in addition
to that in connection with mining.
The mines alone justify the construc
tion of the road now, to say nothing
of the possibilities of the future. But
in addition to this, the amount of tim
ber that will eventually come out of
Pine creek and be handled by a rail
road is enormous, particularly on the
west fork, where it is estimated that a
branch three miles long will make ac
cessible half a billion feet of com
mercial timber. There is never
enough water to drive logs on the
west fork, and it is only under the j
most favorable conditions that it can
Under
handling Pine
be done on the main stream,
circumstances
these
creek timber must be regarded as an
important factor in the business of a
railroad.
i
1
Who Is Back of tha Enterprise.
Whether the Pine creek railroad has
back of it one of the transcontinental
lines which will in time absorb it, is ;
a matter of conjecture, as nothing has
developed to throw any light on that
phase of the subject. It Is possible that
such is the case, as it is a common
practice for large railroad companies
to secure entrance to new
through a local company. If there is
a big company back of the Pine creek
enterprise, a good guess would be that
territory |
it Is the Milwaukee. There is unmis
takable evidence that the Milwaukee is |
soon to be extended from Coeur
d'Alene to this district, and a branch
up Pine creek would prove a most pro
fitable feeder as well as possibly form
ing a link In connecting with the main
line on the St. Joe.
THE BULLION.
Force Will Be Increased as Soon as
Supplies Can be Taken In.
As soon as trains are running on the
Northern Pacific, which should be
within the next few days, supplies will
be taken to the Bullion to provide for
the accommodation of at least eight
additional men, the present working
force being four. Water shortage for
power, due to the excessive cold wea
ther, prevented working the maximum
force during the winter, but there is
plenty of water now for another shift.
Supplies are ready to take in as soon
as the railroad company can deliver
them at Borax, from which point they
will be taken to the mine on tobog
gans. The crosscut which Is being
run jointly by the Bullion and Copper
Chief companies Is now in between
1400 and 1500 feet, leaving about 1000
feet to go to cut the vein When the
vein Is reached each company will
then proceed to drift on Its own ac
count, the Bullion to the east and the
Copper Chief to the west.
At about 600 feet this tunnel cut a
big strong vein which is supposed to
be the eastern extension of the, Eagle.
It carries fair values in copper and
Justifies exploration, which wlil prob
ably be undertaken upon the comple
tion of the crosscut to the Bullion
Copper Queen *veln.
THE RED MONARCH.
After Considerable Delay Compressor
Reported Now Running.
Information received this week is
that the new compressor for the Red
Monarch was expected to be running
yesterday. The machinery was brought
[in several weeks ago and
Bunn station on the Nine Mile branch,
from which place it was to be hauled
over the hill to the mine. The snow
taken to
road,
heavy loads, and it was found neces
entire equipment
however, proved unsafe for
sary to take the
around to Prichard, on the North Fork
branch of the O.-W.
R. & N., from
[which point it was hauled to the mine
The Red Monarch
U, P Beaver creek.
company has devoted much
time to
exploring its ground with a diamond
drill, and it is reported that this work
l* as proved satisfactory and will now
he succeeded by actual development.
The company has an excellent plant
and buildings to acocmmod&te about
30 men.
STEWART MS OPTION
DEAL INDICATES STEWART AND
INDEPENDENCE LEAD ARE
CLOSELY RELATED.
The Stewart Mining company has
taken an option on 780,000 shares
West Hunter
In pursuance of ne
Mining
ir
control of stock of the
Mining company,
gotiations, the West
company's property was recently ex
Hunter
amined by J. E. VanGundy-, engineer
for the Stewart company, after which
an agreement was readied which was
ratified at a meeting of the directors
of the West Hunter company held in
this city Tuesday afternoon. With the
option in his pocket Mr. VanGundy is
now on,his way to New York where
11 w "> *> e presented to the directors of
Stewart company
and will no
doubt receive their approval. The com
P an Y has 30 days in which to accept
er reject it. The meeting of the West
Hunter directors was attended by A.
M. Strode, president of the company;
H. A. Rogers, secretary; Mrs. A. M.
Strole and William P. Flood.
The
Weat Hunter group helps fill the gap
between the Morning and
mines and adjoins
Hunter
the Independence
Lead Mines on the south, and about
mile from Mullan, on Mill creek. The
West Hunter company was organized
last summer and is now driving a
crosscut to a vein that is highly prom
ising on the surface.
A Significant Deal.
According to common report, the
[Stewart mine will soon be exhausted,
an d i n taking an option on the West
Hunter the company is evidently fol-j
lowing its announced policy of using
ts large surplus, said to be $480,000,
to secure another mine. The West
Hunter is certainly a prospect with a
most promising future,
can hardly be regarded
proposition as would be sought by the
Stewart company. It is significant,
but • alone it
as such a
therefore, that the property joining
along the north side,
the Independ
as it is some
ence, or Gettysburg
times called, is being actively devel
oped by W. M. Bacon, formerly gen
eral manager of the Stewart company,
jit has been published that Mr. Bacon's
the management of
the Stewart was due to a break wit'.i
the directors, but in taking over the
[retirement from
West Hunter the conclusion Is forced
that their relations are not so seri
ously strained as reports would in
dicate. According to authorized state
rnents emanating from time to time
frotn the Independence, the work there
is showing most satisfactory results,
Recently it was reported that a large
body of ore had been exposed in the
Morning within 200 feet of the Inde
pendenee claim, and that work In the
Independence is being directed to lo
cate the same shoot. The You Like
vein of the Morning has also been lo
cated in three tunnels on the Gettys
burg claim, showing much ore of mill
ing grade. With this showing on the
Indeper.dence, the sudden acquisition
of the West Hunter by the Stewart
Indicates that the purpose is to sup
plement the holdings of the Inde
pendence, and that eventually the two
groups will be under one manage
ment.
FAVORABLE TO ORE—PREPARING
TO INSTALL AN ELECTRIC
PLANT.
The Hector Mining company is pre
paring to install electric power to take
tlie place of water which is now used
in running the compressor,
change is made necessary since the
vein was cut recently and drifts start
the present
This
j bot)l past anil . vvest
power nbt being equal to the double
[ wor j { The installation of electric pow
!
er can be quickly accomplished, as
the power line of the Washington Wa
ter Power company passes the prop
erty, and the connection can be quick
ly made when the company is ready
to authorize it. At this time the Hec- I
tor management is negotiating with j
the power company with the view to
securing a satisfactory rate, the same
that is given to other development
companies requiring about the
same
service, and this will no doubt be se- ,
cured. At the present time the power
t i r jftins' Is in progress both east and
wes t > ; s necessary to change alter
is sufficient for only one drill, and as
nately from one face to the other.
With electric power work will go for- [
ward in both drifts at the same time, j
Lead and Zinc.
At the point of intersection the
Hector vein is 16 feet wide, composed
largely of iron, quartz and quartzite,
through which is distributed low val
ues in lead and zinc. Along the foot
wall is a gouge about 18 inches wide,
which is being followed both east and
west. The lead and zinc values are
decidedly encouraging and work will
be pushed with energy in both direc
tions. The vein was cut at a vertical
f 1600 feet and at a point al- j
depth
most a mile from the portal of the tun-I
All of this distance was not run j
nel.
by the Hector company, the Mayflower
tunnel being used which had been ex- 1
tended possibly 1000 feet. Much con- I
fidence is felt that commercial ore i
will soon be encountered, based upon |
the mineral values now In evidence
and the favorable structure of the
vein. The property is located about
three miles east of this city, within a !
Pacific |
stone throw of the Northern
tracks.
Retirement of Harry L. Day
From the Federal Company
Ordinarily a change in the manage
ment of a private corporation is not
I a subject to invite newspaper com
ment beyond merely recording the
fact as a matter of news of current in
terest. But when such
chances to be one which holds ex
tensive property interests in the com
munity and is the largest employer of
labor, and these powerful resources
have been used by the retiring mana
ger to advance his personal aims and
ambitions in business and politically,
j then his retirement becomes a matter
company
a
of more than passing concern and a
proper subject for public comment,
Even tlie closest friends of Harry L.
Day, the retiring manager of the Fed
eral Mining & Smelting company, can
not take exception to this view, since
his own paper utilized a column and a
half in black-face type under bold
j headlines on the first page to announce
his resignation and to extolling his vir
tues. Having a precedent firmly es
tablished with characteristic modesty
tied beyond dispute.
-
by Mr. Day himself, it would appear
that the question of propriety is set
The announcement of the resigna
tion of Mr. Day as president and man
ager of the Federal company was not [
a surprise to the public; rather the
public has been living in a state of
surprise for many months because he
continued to retain the dual position.
It has been almost four years since he
was placed at the head of the Federal
company, a subsidiary of the Ameri- j
It
[
can Smelting & Refining company,
was the popular belief at that time,
and as time passed and events devel
oped the belief became a conviction,
that he exacted the position as a con_
sideration for turning the contract for
the ore front the Hercules mine to the
American Smelting & Refining corn
pany. Prior to that time he had been
j the most aggressive opponent of the
"smelter trust," and his denunciation
of the "Guggenheims" and the manner
In which they "were robbing the min
ers of tlie west" was a regular feature
of his paper,
chtinge? Why did he become closely
affiliated with a company whose meth
oils he had so persistently denounced?
It was to satisfy his lust for power.
Already controlling large mining op
erations, he saw the tremendous pres
tige control of the Federal would give
him. The smelter needed his ore and
he needed the Federal for the power
Why this sudden
i
REFUSE TO SELL AT PRICE OF
FERED BY SMELTERS—COM
MENT ON ANTIMONY.
It is reported that Pine creek pro
ducers of antimony have refused
make further shipments at prices now
being offered by the smelters, namely,
$3.52 per unit or about 17*4 cents per
lo
pound. They claim that the smelter
men are making too big a profit and
that they will not ship until some con
cession is made that will give the pro
ducers a larger beneiit of the prevail
The smelters are re
to 60 cents for the higher grades. The
producers think the difference is too
ing high prices.
ceiving from 40 to 45 cents per pound
for ordinary grades, and from 50 cents
great and the Pine creek operators
[have determined to stand out for a
lore equitable division,
The Antimony Market.
Some interesting light is thrown on
the antimony situation by the follow
ing comments from the Engineering
and Mining Journal of February 19:
"The demand continues good, so
close to the supply, in fact, that it is
hard to keep up deliveries. Prices are
strong, Chinese and other ordinary
brands being held at [email protected] per
pound for spot. Nothing has been
done in futures, expected arrivals for
tlie next two or three months being all
covered. Cookson's is in very short
supply (he small lots available being
held at [email protected] per pound, New York.
''Two steamships arrived at New
York this week with several hundred
tons of antimony, hut it is not expect
ed that these imports will, come on the
general market to any extent."
In the last issue of the same publi
cation the following comment on the!
antimony n^irket is taken:
"The arrivals reported last week did
not come on the general market at all
but were absorbed by contract deliver
ies, as was anticipated. Demand lias
been fairly good and stocks are small,
so that prices have again stiffened a
little. Chinese and American brands
Jare quoted at [email protected] per pound for
early deliveries. Cookson's is scarce
still and is held at [email protected] per pound,
[New York."
While nothing in the way of official
information can be obtained, indica-'
tions point to W. J. Hall, formerly as
sistant general manager, and now the
treasurer of the company with head
quarters in New York, as successor of
Mr. Day. He is a man possessing ex-I
ceptional qualifications for handling
the affairs of a large company such as
the Federal, and his long residence In
this district attracted to him legions
it would give him politically and oth
erwise. The Hercules contract ex
pired almost a year ago and the A. S.
& R. company declined to renew it on
tlie same favorable terms. It was then
that the Days decided to go into the
smelting business. The loss of Hercu
les ore and the prospect of losing that
of other mines of the district was un
the
questionably a serious blow
smelting company, and it is understood
that Mr. Day was retained at the head
of the Federal since the break with the
to
Hercules in the hope that through him
a reconciliation might be effected. It
is learned from apparently reliable
sources that the smelter people offered
concessions since the Northport plant
was bought by the Days to the extent
of buying the Northport plant and en
tering into a long term contract for
Hercules ore, and also proposed to
buy the Hercules, and with the ac
ceptance of their of their offers
agreed to retain Harry Day at the
head of their combined interests here.
It. appears that Mr. Day, who was
most reluctant to resign from his Fed
eral position, urged the acceptance of
one of these offers, but other members
of the Day family refused to go to that
extent to further his ambitions. When
this point was reached it appears that
there was nothing further to be gain
ed by retaining Mr. Day at the head
of the Federal, hence his resignation.
pressure of Day domination
business and political action, experi
enced a feeling of relief when he learn
ed that Mr. Day was no longer at the
head of the Federal company. Who
his successor will be is a matter of in
Many a man in the Coeur d'Alene
district who has been made to feel the
in his
teresting speculation, but the import
already accomplished,
ant thing is
There is a change and "new freedom"
in Shoshone county is a reality.
of loyal friends who would rejoice to
see him return to the Coeur d'Alenes
with this merited recognition.
FIVE HUNDRED POUNDS SCHEELITE SHIPPED FROM OLD FRIDAY
DUMP—REPORTED STRIKE OF TUNGSTEN ON BALD
MOUNTAIN—FIELD FOR PROSPECTORS.
,
[
THE COON DOG.
Group of Claims Near Beaver Station
Makes Good Showing.
Jacob Bentley was in the city Mon
day and reports much activity on
Beaver creek.
He and associates have
of four claims and a millsite |
a group
;llj out half a mile below Beaver station
upon which they have been working
Nt'Hng the winter with very gratifying
results. The work so far consists
mainly of several crosscuts and open
cuts which have exposed a vein of
great promise, but which will require
sinking to explore it at depth. Assays
from tlie surface, Mr. Bentley says, re
turned 7 per cent zinc, 2 per cent lead,
ounces of silver and $2 In gold. A
prospect shaft shows in the bottom of
the vein to be about 4 feet wide, all
of which carries low values in lead
and zinc which will have to improve
very little to make It of milling grade
In addition to Mr. Bentley the owners
of the Coon Dog group are George
Bentley, Sr., George Bentley, Jr., and
Calvin Hunt.
Mr. White
He finds that the use of both gaso
line and steam, the first for the com
'pressor and the last for the pump, has
proved too expensive and recommends
the substitution of electric power
which will serve both purposes. In
conclusion Mr. White finds that the
property is located in a highly pro
durtive district and possesses all those
features which characterize the pro
ductive veins in similar formations,
ll
FINDS PDOPERTY JUSTIFIES DE
VELOPMENT — DEFINITE
PLANS SUBMITTED.
Under date of February 26 the man
agement of the East Caledonia Mines
company issued a letter to the stock
holders of the company giving in
much detail the company's affairs and
outlining plans for the future opera
tion of the company's property. Ac
eompanying tlie letter is a report on
the property by Rush J. White, min
lng engineer, based upon a thorougl
examination, and containing
mendations for further
recom
development.
[In order to carry out the recommenda
f Mr. White and to pay off an
thins
indebtedness of $1200, the directors
found it necessary to levy an assess
ment of 1 cent per shore. So far as
the report of Mr. White deals with
the location of the property, its rela
tion to well known producers in the
immediate vicinity, the showing ex
posed by the limited development
work, and the prospect of finding ore
in paying quantities, it is highly
gratifying to the stockholders, and
since it is proposed to jesume opera
tions in accordance with his recom
mendations and under his personal
supervision, the outlook for East Cale
donia is decidedly encouraging.
Mr. White's Report.
The property of tlie East Caledonia
consists of three patented and four
unpatented claims, located within the
limits of the town of Wardner, about
a mile directly east of the Caledonia,
a mile and a half east of the Stewart
and within a mile of the Bunker Hill
& Sullivan and the Last Chance.' In
the year 1914 these properties earned
net profits aggregating $2,212,000. In
general terms the development of tlie
property consists of a shaft 415 feet
deep, from which a drift 117 feet east
has been run at the 100-foot level, and
at the 200 level crosscuts and drifts
have been run to the extent of 360
feet. Three tunnels near the shaft
have been run aggregating 635 feet.
The East Caledonia is in the Burke
formation and just north of the Os
burn fault, the movement of which
has crushed and disturbed the ground
In the tunnels and in
so far opened.
the drift at the lflO-foot level lead-sll
ver ore, both galena and carbonate, is
exposed. The 200 was not examined
las it was under water.
recommends continuing the drift on
the 200 and drifting and crosscutting
at other places \\;here ore is exposed.
later work depending on the results
obtained.
and in his judgment the property fully
warrants carrying out the plan of de
velopment outlined in his report
(By Adam Aulbach, Murray, Idaho)
MURRAY, Feb. 2S.—A small ship*
incut, perhaps 500 pounds, of seheellte
will be made from the Friday group,
two miles west of Murray, during the
present week by E. M. Smith, the les
The product was realized
sec.
en
tirely from an old dump, which
extremely difficult to disintegrate as
the cold during the winter had frozen
Sluices had been put
in with riffles and the work carried on
was
the rock solid.
as in placer mining. Much ^>f the
finer mineral was lost, but enough
was saved to pay more than the ex
if extraction. The sale was
' n **de to a local buyer, acting as agent
pense
for a Colorado Arm. The highest mar
ket price was exacted and is to be
paid when the ore reaches its destin
ation. While the rate per unit is not
known to the writer definitely, he
knows that it is not below' $50, which
would make tlie shipment worth about
As soon as the weather di
vorces itself frotp Jack Frost active
$1250.
mining is to begin on the Friday
group for tlie tungsten values, and In
all probability considerable of the
rich mineral will be produced during
the open season.
Tungsten as Current Money.
In the not long ago placer gold and
gold bars were as good as coin of the
realm for tlie purchase of supplies by
miners. Now tungsten (scheelite)
sand has taken the place of the yellow
metal. Last week a miner walked In
to a grocery store and asked the mer
chant If he would take tungsten ore
In payment for a bill of goods up to
"Sure," replied the merchant.
''Well," said the miner, "I have 30
pounds of the stuff." The merchant
thereupon satisfied himself that he
could get a guarantee of the amount
and to secure its shipment with other
ore from here, then preceded to fill the
miner's order for the supplies. While
the transaction was not as satisfactory
or convenient ns the pioneer method of
placer gold purchases, it nevertheless
keeps the wolf from the door of the
humble cabin, and demonstrates that
jtungsten has a local money value of
immediate application, by leaving a
sufficient margin for possible fluctua
tion in market price.
Report of Tungsten Strike.
A report has been current during the
week that a strike of scheelite ore has
been made on the east slope of Bald
mountain, somewhere near White Rock
on East Eagle creek. According to the
report the finders, members of, the
Robinson family, took some of the ore
to Kellogg, where a business man had
the rock tested. He found It to be the
real stuff, whereupon he is said to
have provided the prospectors with
an adequate grubstake to prosecute
the work of exploration and the ex
(raction of the mineral. Bald moun
tain in times past was the scene of a
big gold excitement, one of the most
extensive in local history, much free
gold being found all over the huge
mountain, the slopes covering an ex
tensive territory. There are great
croppings of white quartz, down to the
creek levels on all sides. The east
slope up to about 10 years ago was
covered by locations owned by Charles
W. O'Neil. He patented several of the
claims, and his widow afterward had
the remainder represented by assess
ment work. She got tired of paying
out seven or eight hundred dollars
yearly and abandoned the ground, not
withstanding a number of very prom
ising ledges had been found. These
were promptly relocated, and it is said
that on one of these ledges the tung
sten was uncovered. The writer rep
resented Mrs. O'Neil's interests on the
mountain for three years, and his re
peated trips made him familiar with
the mineral possibilities there. It is
his belief that as white quartz has lo
cally been the main matrix for the
scheelite of the tungsten family the
mountain looms up as an inviting field
for prospectors, but it will be fully
two months yet before the snow is re
moved. The east slope Is covered with
a fine growth of fir timber, but it is
not dense, so that prospecting is easy.
It is about nine miles by good wagon
road from Murray to White Rock.
Terrible-Edith Ore Shipment*.
Conn and son, the lessees of the
Terrible-Edith group, a mile north
east of Murray, shipped 100 tons cf
ore during the present month, not
withstanding the deep snow and poor
road down the mountain to the rail
"\ road. One-half of the shipment was
zinc, the other half lead ore. These
lessees have been regular shippers
i since they have taken hold of the pro
perty and will no doubt be until their
$75.
. option expires some time in June. They
i have been fortunate In operating un
(Continued on Last Page)

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