AN ALL
ALASKA
NEWSPAPER
-
HYDER WEEKLY HERALD
DEVOTED TO THE DEVELOPMENT OF ALASKA AND THE PORTLAND CANAL MINING DISTRICT.
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SUBSCRIPTIONS
$5.00 PER YEAR
IN ADVANCE
VOL 5, NO. 8
HYDER, ALASKA, SATURDAY, NOVEMBER 10,1928.
PRICE TEN CENTS
BIG ORE BODY ON
SEBAKWE FIFTH LEVEL
Recent rumors of a rich strike
on the property of the Sebak
we and District Mines, Ltd., in
the upper Salmon area adjoin
ing the B. C. Silver, are amply
confirmed by information re
ceived during the past week.
Not only has a strike of ‘un
usual extent and probable val
ue been made but present indi
cations point to the develop
ment as one of the most im
portant of the present year;
which has been unusually pro
lific of valuable mineral dis
coveries.
From the data obtainable it
appears that the newly located
ore body is of unusually large
dimensions and carries excel
lent values, assays ranging
from around $10 to $60 01
more per ton. The ore is de
scribed as a highly mineralized
porphyry of the well known
Premier type and shows con
siderable ruby silver in spot.4
along portions of the vein
which has been found to be 23
feet in width at the point of
contact.
The vein was tapped in the
new fifth level, on which worl
has been in progress since las1
July. This level is situated 15(
feet below the fourth level or
which the company conducted
very extensive explorations ii
1927, and is reached by a shaf1
from the main crosscut on th<
fourth level. As the latter lev
el is situated something ove
100 feet below the surface, th
discovery was made at a vert
ical depth closely approximat
ing 300 feet.
Further increasing the im
portance of the discovery i
the fact that the upward exten
sions of the zone were encount
ered on the fourth level
As shown by the last annua
report of the company, the on
body where it penetrates th<
fourth level is 220 feet long
with an average width of If
feet and an average value oi
$12 per ton. It thus appear;
that the ore body has increas
ed considerably in width anc
values carried between the
fourth and fifth levels ,as the
general average on the lattei
level is said to be about $2(
per ton.
In the opinion of the man
agement the apex of the ore
probably lies about 65 feel
above the No. 4 level, where
the formation changes to tuff
Should this prove to be the
case, the new discovery ’has
disclosed the presence of one
of the largest commercial ore
bodies so far found in the dis
trict; with an approximate
depth of 215 feet down to the
lowest level and a probable
average width of 15 feet oi
over. As it is reasonable tc
suppose that an ore body oi
such dimensions would extent’
at least 100 feet below the
fifth level, a total depth of
ore ranging around 300 feel
seems very probable. Assum
ing an average value of $2C
per ton, such an ore body
would contain values approxi
mating a million dollars oi
more.
According to well posted min
ing men the presence of ruby
silver at such depth adds a
unique feature to the discov
ery, as ruby in appreciable
HOOVER ELECTED IN
GREAT REPUBLICAN
VICTORY
In the greatest outpouring of
votes in the history of the Unit
ed States, Herbert Hoover, Re
publican candidate for the
presidency, defeated his Demo
cratic opponent Alfred E.
Smith, in the national elections
last Tuesday.
According to press reports ar
riving by the last steamers, the
election was a veritable land
slide for the Democrats. Not
only did they fail to make ex
pected gains in various sect
ions of the country but actual
ly lost many states which for
generations have been looked
upon as Democratic. Even the
I so-called “Solid South” failed
to live to live up to its proverb
;al reputation, as only Ala
I b.'tma, Arkansas, Georgia, Lou
isiana, Mississippi and South
Carolina were conceded to
have gone Democratic at the
cime of the reports. These
hates, with Massachusetts and
Rhode Island, represented the
mm total of those who went
or Smith, who not only fail
, id to come anywhere near ex
pectations but actually lost
his own state of New York.
Roosevelt for governor and
Copeland for U. S. Senator ran
, xhead of Smith in New York.
Incomplete returns up to
Thursday indicated that Smith
would have but 87 votes in the
electoral college, as against
144 for Hoover. The victory
ilso included important gains
[ cor the Republicans in both
he Senate and House of Rep
resentatives, six former Demo
cratic seats having been won
>y Republicans in Kentucky
done. The Republican vote is
;aid to have been the largest
n history, exceeding by a
| arge number the 15,725,000
•oiled up by Coolidge in 1924.
nhe elector vote also promises
o break all records by exceed
ng the total of 435 given to
Wilson in 1912.
■o
OOD PROGRESS ON NEW
HYDER POWER PLANT
Construction work on the new
lydro-electric power plant of
he International Electric Com
>any on Granite Creek is mak
ng good progress, according
o company officials.
The building constructed to
louse the plant has "been com
peted and is now in readiness
or the installation of the gen
irating plant. The machinery
jquipment is expected to ar
ive from the south shortly
ind will be taken to the pow
i irsite and assembled as rapid
y as possible. Present indicati
ons are that the plant, which
^vill provide Hyder with a sep
irate source of light and pow
;r, will be placed in operation
iround the middle of Decem
>er.
-o
F. J. Crosland, consulting en
gineer for the Premier Border
•ompany, returned Thursday
from a business trip to Van
couver.
quantities has seldom been
found at such considerable
depth anywhere in the district.
DRILLING ON
PREMIER BORDER
The projected winter dia
mond drilling program on the
properties of the Premier Bor
der Gold Mining Co. near 13
Mile is now in full swing, ac
cording to mine superintend
ent Wm. Bunting.
Two drills are in operation
at present; one being engaged
on the Virginia group, on
which a large amount of un
derground development work
was carried on during the sum
mer, the other on the Border
group, northeast of thei Vir
ginia and extending along the
international boundary line.
The drilling contract, held by
the Mitchell Company, of San |
Francisco, calls for a total of
5000 feet of drill hole on the
several groups included in the
company holdings.
-o
NORTHERN LIGHT READY
FOR WINTER ACTIVITIES
The Northern Light main tun
nel is now in close to 100 feet,
according to late reports from
that property. The tunnel, on
which work was resumed re
cently, is being extended in the
direction of the Sebakwe prop
erty, which adjoins the North
ern Light on the east, follow
ing the larger of the several
ore zones traversing the
property in a northeasterly di
rection.
According to reliable inform
ation, the values so far en
countered in the underground
workings, while not high, are
encouraging in every way.
The company has constructed
good camp quarters for the
crew and expects to keep on
the job throughout the winter.
-o
UNICORN NOT SOLD
Reports published recently in
Vancouver newspapers to the
effect that the Consolidated
M & S. Co. had bonded the
Unicorn group, adjoining the
Big Missouri are denied by Mr.
John Hovland, owner of the
Unicorn, who says he has made
no deal of any character invol
ving that promising property.
-o
TRAM AND POWER
FOR ARGENTA
J. F. Duthie, Seattle capital
ist, who now controls the Ruf
us-Argenta property, near the
head of Bear River, plans to
install a tramway from the
trail to the mine workings next
summer and also contemplates
power development by har
nessing Erickson Falls, accord
ing to recent announcements.
—-o
John Hovland returned Thurs
day from a business trip to the
south.
M. J. Lee left for the south
last week in connection with
the affairs of the new White
River Placer Syndicate, of
which more will be related
next week.
LOCAL ELECTION RETURNS
With a total of only 118 votes
cast, the local election Tuesday
passed off very quietly and
proved another walkover for
the Republican ticket, but 46
Democratic votes being regis
tered. Sutherland achieved a
more than four to one victory
over Grigsby for the delegate
ship, while John Rustgard
rolled up a majority of 76 ov
er Truitt for the attorney-gen
eralship. In the race for Terri
torial senator Benjamin led
his democratic opponent Walk
er by 42 out of 106 cast in that
division. P. C. McCormack led
the vote for Representative
with a total of 80, with the re
mainder of the Republican
candidates following in close
order, each with majorities al
most double that of the near
est Democratic candidate.
Owing to the absence of
all the regularly appointed
Judges and Clerks except Mrs.
Harold Johnson, Mrs. S. V.
Warren and Thomas Kelley
were appointed at the polls to
supervise the voting.
Following are the complete
returns:
For Delegate—
Dan Sutherland, R. 96
Geo. Grigsby, D. 22
For Senator—
Chas. Benjamin, R. 74
N. B. Walker, D. 32
For Representative—
P. C. McCormack, R. 80
Grover C. Winn, R. 72
Wm. L. Paul, R. 70
A. L. Olts, R 63
A. H. Zeigler, D. 46
J. S. Ream, D. 30
Allen Shattuck, D. 30
Nels Anderson, D. 25
For Attorney General—
John Rustgard, R. 92
Jas. S. Truitt, D. 17
Div. Road Commissioner—
Alex. Adkins, R. 70
P. F. Gilmore, R. 67
Clarence T. Avery, Ind. 29
No votes were cast showing
local choice for the governor
ship.
Totals for this and other dist
ricts will be printed in a suc
ceeding issue.
o
SAYS GEORGE COPPER
TOO HIGH
Analyzing the peculiar vaga
ries of the stock market, a
southern mining publication
points out that at the present
price of shares, George Cop
per has a stock valuation ap
proximating $9,000,000, a
rather high valuation for a
property which must still be
considered as practically un
developed. The continued high
prices of Georgfe Copper shares
is attributed mainly to the
scarcity of the shares on the
market. Consolidated M. & S.
is said to hold options on 1,
395,000 or 92 per cent of the
total 1,500,000 shares. As the
vendors hold around 45,000 of
the remaining shares, there
are only about 60,000 shares
actually in the hands of the
public. Southern brokers be
lieve a large portion of the
latter to be held in a pool,
which manipulates the stock as
it sees fit.
SNOW STOPS MARMOT
TRAM CONSTRUCTION
After weeks of strenuous
battling against the ever in
creasing difficulties created by
winter weather conditions, the
Premier Gold Mining Company
has been forced to suspend
construction activities on the
new tram system between the
Porter-Idaho mine and the big
camp constructed at the mouth
of Marmot River during the
past s< ason.
With seven or more feet of
snow on the ground in the vi
cinity of the Porter-Idaho and
withs cold and biting winds
adding still further to the hard
ships endured by the valiant
construction crews working
amidst the clouds far up on
the steep mountainside, work
on the tramway was definitely
suspended this week and will
probably not be resumed be
fore next April.
According to members of the
construction crew coming to
town during the week, the
erection of the steel tram tow
el’s above Green Point was ac
complished some days ago and
good progress was being made
on the installation of the cables
when the weather became to
bad to continue. Estimates
made by the men indicate that
the tram could hardly have
been fully completed in less
than five or six weeks.
-0
WORK ON R. R. TO BE
CONTINUED NEXT YEAR
The work of rehabilitating
the old Stewart short line rail
way will be renewed as early
as practicable next year, ac
cording to Hon. H. H. Stevens,
M. P., who with W. A. Lewth
waite. organized and financed
the project for placing the
road in condition for active
service.
After spending a week in the
district inspecting work done
during the past season and ex
amining various problems con
nected with the undertaking,
Mr. Stevens said the Vancouv
er Holding Co., present owner
of the road, plans to not only
place the road in condition as
far as American Creek, but
will also make as much prog
ress as possible in extending
the line to the vicinity of the
George Copper property near
the head of Bear River. The
company also contemplates
continuing the survey from
that point across Bear River
Pass and into the Groundhog
area. Work on the old right
of way, he said, will be much
facilitated next year through
the completion of the saw mill
erected at Bitter Creek to sup
ply the necessary bridge tim
bers, ties and other timber
materials.
-o
Chas. Skoning became a vict
im to the epidemic of colds
which has been the cause of
much sickness in the camp
during the past week or two
and was taken to Stewart hos
pital Wednesday evening.
—-o
The L & L will work all win
ter, according to announce
ments made in the south.
GEORGE COPPER
OPTION EXERCISED
Late reports from Vancouver
bring the interesting news that
the Consolidated Mining &
Smelting Company has taken
up its option on the George
Copper property in the upper
Bear River section.
As a result of the deal the
Consolidated now owns the
controlling interest in the prop
erty and also holds an option
on a large amount of addition
al stock of the George Copper
company, which formerly con
trolled the property.
As the option was not due to
expire until next summer, the
action of the company in tak
ing up the bond almost a year
in advance of the the stipulat
ed time indicates that the re
sults of development during
the past two years have been
more satisfactory than was
generally believed. The action
may also be considered indic
ative of an intention on the
part of the company to pro
ceed with the opening up of
the property much sooner than
apeared probable earlier in the
year. This prospect is rendered
still more pronounced by re
ports received in Stewart to
the effect that the Consolidat
company has requested the
Provincial government road
bureau to complete as far as
possible this season, the pro
jected extension of the Bear
River wagon road to the
vicinity of the George property.
-o
ALASKA FINANCES
IN GOOD SHAPE
That the Territory of Alaska
is in excellent shape financial
ly is disclosed by the monthly
report of W.G.Smith,Territor
ial Treasurer, showing a bal
ance of $770,427.63 in the
Alaska treasury at the close of
business October 31.
This cash balance is supple
mented by an additional $91,
000 in U. S. Government
bonds. This represents an in
vestment made by the Terri
tory in connection with the
Pioneers’ Home building fund,
established by the Alaska Leg
islature in 1927.
During the past two years
there has been a decrease of
approximately 37 per cent in
the number of insane persons
sent from Alaska to the sani
tarium at Momingside, Port
land, Ore., where such un
fortunates are cared for, ac
cording to official statistics
prepared at the governor’s of
fice.
In the fiscal year ending
June 30, 1926, there were 65
committments to the sanitari
um from Alaska. During the
past fiscal year which ended
June 30, last, there were but
34. Virtually all of the de
crease was accounted for in
the first and third divisions, it
was said.
Health inspections made by
public health authorities in the
states, and greater care taken
by salmon packers in the cali
ber of labor employed by them
in the south are believed by
Gov. George A. Parks to be
the main factors in the im
provement shown.