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Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, December 21, 1935, Image 8

Image and text provided by Montana Historical Society; Helena, MT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86075103/1935-12-21/ed-1/seq-8/

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Wickes-Corbin Buys
25 -Ton Flotation Mill
m
'Mi *
; -V; ■
HHHi
mÊÊÊ
:
Site of the installation of the 25 -ton mill recently purchased
by the Wickcs-Corhin Gold & Silver Mining company for its
Clancy creek property n<?ar Jefferson City. This will be the
third mill installation in the Wickcs district within the past
fnv months.
B. D. Van Horn, president of the Wickes-Corbin Gold and Silver
Mining company, with home offices in the JoseplJ Vance building, Seattle,
ha* completed the purchase of the modern 25-ton flotation plant, for
merly operated by Fleming Brothers on their Clark Canyon mine near
Argenta.
The deal was completed Friday
and Mr. Van Horn made immedl
ate arrangments for removing the
complete piaiû to the **«*►<*£;
bln inline on Clancy creek near the
old town of Gregory, 25 mlîes
south of Helena, w'here the com
pany, under the direction of Pre
id ont Van Horn has carried out a
three-year development program,
which has revealed a large tonnage
than sufficient to
of ore more
Justify the Installation of the mill.
Tlhe removal and operation of
the mill will be under the super
vision of J. A. Statin«, experienced
m Human. It will be electrically
powered from the power line ex
tended to the mine over a year ago.
The Wilckes-Corbtn mine is lo
cated between the famous Gregory,
second quartz lode discovery of the
Helena district and the Minne
sota. discovered by the late Moses
Manuel, who was the original dis
coverer of the world famous Home
stake in South Dakota.
Th© company expects to have the
mill operating within a few weeks.
The sale of the mlU was consu
mated by John L. Parker of the
Mining Trust, Helena.
REPORT ON
NEIHART IS
AVAILABLE
BUTT® — Dec. 14 — Prediction
that some of the mines of the
Nelhart district. 65 miles south
east of Great Falls, may be de
veloped to a depth of 1000 to 8600
feet below their present levels hss
been announced by Professor Paul
Bureaeu of Mines and Geology. The
Mines, geologist for the State
Bureau of Mines and Geolog. The
Nelhart region Is noted for having
been one of the Tick silver dis
trldts In Montana, (having (pro
duced »17.000.000 since Its dis
covery by J. L. Nelhart and hls
associates in 1882.
Professor Schafer's announce
ment Is the result of a careful
study of the mines of the Nelhart
district during the summers of
1933 and 1934. Hls Investigations
have been published Just recently
by the State Bureau of Mines un
der the title Momolr No. 13, "Geo
logy and Ore Deposits of tihe Nei
hart Mining District.'* and are now
available for the public. The field
work was supplemented by ex
haustive laboratory examinations
of ores from the district.
Some of the ore from the Nel
hart mines was very rich, ac
cording to records mentioned In
the report. One shipment of 20
tons from the Benton mine brought
a return of »26.000. The Moulton
mine, from 1918 to 1923, pro
duced about a million dollars each
Include the Big Seven, Benton,
Queen of the Hills, Galt, and Flo
rence. The Hartley totaled about
three-quarters of a million.
OIL WELL & MINE SUPPLIES
New and Reconditioned
We pay cash for any new or used material and can
fill your requirements at a big saving on steel rig»,
tanks, pipe, wire and manilla rope, belting, boiler»,
engines, pumps and all kinds of tools.
American Pipe and
Supply Co.
Box 3420
OUT BANK.
MONTANA
Phon« 78
DENVER,
OOtO&ADO
0ABFER,
WYOMING
I
w>sas*M
HfiM flIIK) r||||N
MINE ANNOUNCES
CIDCT |îi¥lîîi" Nfl
* 111** I UlllVbiiu
With dividends on «Montana min
ing becoming more of a reality
with each succeeding day, another
mine announcing a dividend is the
Ham and Eggs mine near Virginia
City. The property Is being op
erated under the direction of A1
Clark, with J. O. Flanery. 808 16th
St.. Spokane, as business agent. It
Is less than a year since develop
ment work was first undertaken at
the mine, according to the report.
|
MARIETTA MINE IS
HANDLING 40 TONS
Three shifts are now employed
by the Marietta Mining & Milling
. company with the mill handling
approximately 40 tons daily,
station has been cut in the metalic
ground adjoining the
claims on the south and a hoist
installed. It is believed that the
shoot at this end of the pro
perty will add future tonnage to
the raine. W. L. Bell. Alder, Mont.,
Marietta
ore
is manager.
VOSBERG ENLARGES
Vosburg Mining, operating its
mill, recently enlarged near Wins
ton, is grinding out »500 per day
steadily according to the manage
ment. Current rumor« of dividends
in the near future have been
strenghtened by the favorable fin
ancial position of the mine coupled
with the recent explorations which
(have revealed two bodies of com
In addition to the
merclal ore,
present large reserves.
START MINING SURVEY
United SUtes Bureau of Mines
is starting a survey to learn em
ployment and other statistics, the
results of whldh will be announced
within six months.
fireproof
Leggat Hotel
BUTTE, MONTANA
Alex Leggat. Prop.
Ratea. $1.50 np
MINING ENGINEER«
GEOLOGISTS
MINING MEN WELCOME
—0
ml
^□(weonT I
ohtm
.ISpqD 19 !l| ^
E 5TABL
PU3US N
MINERS GET FIRST HAND
Definite evidence that the mining industry
has not been entirely forgotten in the new deal
program was furnishd at the meeting last Sat
urday of the Mining Association of Montana.
Of principal interest was a description of
the operation of the R. F. C. loans to miners, giv
en by August Grunert, supervising engineer for
Montana The complete text of Mr. Grunert's
talk will be printed in the Journal issue of De
ber 28 .
In this week's Issue Jour
nal is printing, in full the paper of
the Hon. Robert H. O'Brien, at
torney for the registration div
ision of the Securities & Exchange
Commission at Washington D. C.. |
(whose discussion of Bhe securities i
j
I
act and its application to mining 1
of the highlights of the |
1
was one
convention.
The application of provisions of
the Federal Housing Administrator |
to the mining industry discussed
by Barclay Craighead. Montana di
rector, developed the fact that
going mines can borrow money for
building additions to mills or camps
providing the operator has good
credit, rating.
The meeting was enlivened by a j
talk by Jean J. Kelley, Montana in-1
vestment commissioner, who had !
been quoted in the Helena papers
on the eve of the convention as say
ing that if the capitalization of
fake mining promotions during the
last 22 years were so applied. It
would support the unemployed of
I
There was a tense situation and
threats of heated resentment were |
heard before the meeting started, t
Montana , for many years to come,
|
ately after his talk, but not until [
friendly discussion developed the j
Mr. Kelly left the meeting Immedl-1
fact that the figures had been sonne
Mining and Milling Machinery
And Supplies
t
Gwnteer-Denver, Com pr es s ors—Drills —Pomps
Telsmlth OrwAtors and Screen«,
Timken Rock Bits
(
Holsts, Pomps, Belting, Cable, Pulleys,
Drill Seel, Carried in Stock
Hall-Perry Machinery Company
812 East Iron Street
MONTANA
BUTTE.
yOtiOOOOOOOOOOOOOOOOOOOOOOCkOOOOOOOOOOOOOOOOOOOOOOOOOOO

ANACONDA
Copper Mining Company
Purchasers of Gold,
Silver and Copper
Ores and Concen
1
trates.
Address
WASHOE SAMPLER
C. M. Company
A
Butte, Montana

what garbled; that the figures used
wa8 the capitalisation of the author
teed companies with no evidence
of the amount of stock that was
actually sold.
Present at the meeting was Burt
Brewster, publisher of the Mining
& Contracting Review of Salt Lake.
Reporting the Kelly speech,
Brewster wrote;
Mr.
'Tn defense of blue sky laws,
investment regulations, but most
tal loss, cams J. B. Kelly of the
auditor's office, who seemed bent
upon convincing his audience that
important, an ambiguous statement
credited to the Momtana state Audi
tor's office, to the effect that
|47,537,00Q in new mining stock
issued in Montana have been a to
all crooks lived beyond the bor
ders of Montana, ready to spring
upon tlhe state and devour It when
it came to mining stocks. Strangely
like the New Deal philosophy that
th? toothache is cured by behead
ing the patient, was his. Further
more, the gentleman seemed 1m
bu *d with tlhe fact that shrieking
and dramatic poses lead to con
e Rations
typical of the actual proximity to
vlction. His surveys of mining op
from an airplane was
practical things attained by the
U. 8. stocks of sine at «id of
November were »5.777 short tons
against 115,852 tons at the end of!
November, 1934. November pro
TICKER
NEWS
duction, 37,694 tons against 86,
701 In October and 34,977 in Nov
ember, 1934. November shipments
47,871 tons against 47,063 In Oct.,
and 29.928 in November. 1934.
average state or federal employee
of today.*'
Some of the calmer heads of the
association took the matter in hand
and a resolution was voted endors
Ing the work of the commissioner
in encouraging confidence in Mon
. . „ ,
Una mining by eliminating pre
datory and dishonest promoter*. A
committee was named to cooperate
j
suggestion. President Carl Trauer- ;
ma nnamed O. I. DeSchon, C. E. !
Teeter and G'VM'ge B. Conway as i
with the commissioner on behalf
cf the association, at Mr. Kelly's
members of the committee.
Burt Brewster opposed a resolu
.
Hon thanking the administration !
for the consideration given the 1
mining industry, but was over-,
. . , . ' . ■
fwhelmlngly voted down. A corned- ,
an who rose after each to
.
poke fun at the slow-moving gov
comedian went to sleep during the
afternoon session and fell off his
chair, providing the necessary taste
ermnental agencies was Brewster's
only supporter In the vote. The
of humor to the session.
The sessions were perhaps the
most Interesting in the history of
tlhe association and were largely
attended. A dinner at
ville" concluded the social activ
ities.
Murder
GENERAL ELECTRIC
WIRING AND
MAINTENANCE MATERIALS
GENERAL ELECTRIC
SUPPLY CORPORATION
Warehouses at
BUTTE. BILLINGS, Montaaa
. JNO. 8. ROACH
EDW. ROACH
Lewis & Walker
ASSAYERS—CHEMISTS
Shipper* Representatives
10 NORTH WYOMING
BUTTE, MONTANA
P. O DRAWER 1980
PHONE 3982
OPPORTUNITIES
Herein are Rated some of the best bargains to be found
today In Montana's Oil Fields and Mining Districts. In this
column are found the Items that escape the casual reader—
OIL
Geological reports
eo graphed— ma
Montana Ml
Falle. Montaaa
mated
rod need
or
Box 000
Journal. Grant
rs
TOWNSHIP PLATS: 4-twp., Island twp
single twp., 9 section, aa 8* X U
paper. Me per dos. Four township
twelve township plats ea 14x17 (
Sc each. Write Journal. Great
PfPm.
Fails
OPERATORS sad geologists may avail
then selves of the me of the Mo ata a s
ig Journal's geologies)
library, whim hss the largest collec
tion extant of O. 8. O. 8,, State sad
OU and Minis
private reports on Montana ell sad
mining geology. Since many of them
reports are sat at priât copies
be furnished of report*, together
a moderate Mia charge.
Supply Department Mob
1 Mining Journal, First
Bldg.. Great Falls.
Bfl
with
through the
tana Oil and
National Bank
Moataas.
MAP of the City of Cut Bask skewing
ownership of tows loto sad well tees
tiens, scale 1 la. to feet. 18x91
Blue line oa paper 9B.IM. Supply
Department Montana OH Journal
HW—TGRAB» ARCH
all well locations. Floss«
srrt
M. B Bra rick, Supply
Uoauss GU aad Mints*
Oils MMCtUM
•:,i. V ' , -i
Southwest of Out Bank. O. 8. Oeeteflat
report the beet la Moatana One Half
Interest for financing or drilling three
weite. Reooomy Oils Ltd. Calgary. Al
bert» 1814 tf
STANDARD STOCK EXCHANGE
SPOKANE
■l
K. J. GIBSON, INC.
Ore** F*Ha,
Noon December 90, 1085
Bid Asked
.Sic SI*
. »6« 70*
-10 IS*
-.0* 10*
.A.60 S.60
47* 60
—10 3-4 IS
...as 14*
80,* 36
»19.40 »19.30
-43 59
.-IS* 14
—14* 14 8-4
Clayton Silver
Dayrock -
Golconda _
Heel a Mining _
Independence Lead.
Jack Waite _
Metaline MAL ......
Montana Consolidated
Sherman Load ..._
Sunshine Mining _
standard Silver-Lead
Tamarack __
Virginia CHy Gold —
CURBS
Bunker Hill....
Callahan
Pend Oreille
Premier Gold
Sidney.....
.»60 53.69
-81 84
.*8 »1
»1.71 »1.7»
-.7* 19
OVER THE COUNTER
Waea. Wtr, Power 6%
Mont. Power Pfd.
»98 »109
-»93 »95
JACK POT MIMES
IS TONS PER DAY
The Jack Pot Mining company,
Allsop, Bozeman, president,
19 . now 20 men at the
mine near Norris. C. Bearse is ren
€ial manager . production
averages 16 tons. The company has
reached a depth of 290 feet and is
installing an electric hoist aigd
adding facilities witlh which to
sink another 100 feet where bet
ter lead and gold values are
pected deeper in the sulphide
—____
ex
zone.
FIFTY-TON MILL AT
MELROSE IS READY
. „ ,
Frank Moore of Melrose has
nearly completed a fifty ton mill
on the Reed mine
near Melrose. Moore and J. Bow
din of Helena, who own the pro
perty jointly, plan to put thru a
few tons from a recently uncovered
high-grade vein on claim* adja
«-at to the mill site expanding
, ®- r » er low-grade operations
next year.
!
j
G 00 DALL BROS.
^lELENA. MONT.
ASSAYERS — MINING
ENGINEERS
General .IsMiying — Specializing
in > ftccking ore
Ea-I Helen;,
Kails.
NO SAMPLE RUN FOR LESS
THAN ONE ($1) DOLLAR
gold in».
Gold-Nil ver J* I .(HI.
'.end NI.«Ht
shipments at
Inacondn
ilreat
I (nml
Silver SI.«HI
Copper $1.00
LICENSED GOLD BUYERS
WILL SKLL 1-8 of 1% remit
KH Sec. 85-34-IW, 830 ««£.",
Sunburst field. Need money. Make me
a bid. Write OWNER. Box 74. Moatana
Oil Journal
lit on
Kevin
MINING
SMALL RCALE Placer Mining Math
W Chan. . Jackson and John B.
Knaebel, a booklet giving pracer
mining districts la Montaaa and Ida
ho. minerals associated with placer
mnlng, placer gold and how to eon
struct the proper equipment. Me per
STjouW 7 Department Montana ^
MI WING AND SMELTING MACH
INERY ; Ask me or --fini s tes os
'*«•* Uasa-jseytblug from Jack kam
mer to atiU or smelter. M. W. *D
R 1 £ D Si.j:s " "• «-•
T.F
FOE SALK. Latest Denver Ki
placer mechanical gold — „ .
blee. riffles, motor and pomp
generation, priced to sell
complete
Box 442.
A. FRANCHIE, Consulting Mining aad
de e *^n Br -EetimsteüSm«o te * UD *' MU1
Oil Fields Geology. Laboratory testing
—Examination Fred M. Vlies aad Com
pany, 410 3rd Bt 8o„ Great Fall* Man
**■»• 19-M-d
F—F equipped
Mae o
mine with
ore to
paying rental aad poreon
amount, at smelter Box
Care of
k tM4
Moatana OU Journal, Great

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