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VOLUME 10, NUMBER 41.
HYDER, ALASKA, SATURDAY, JUNE 30, 1934.
SINGLE COPIES 10 CENTS
CLAY PORTER HITS
VEIN ON MOBILE
Clay Plorter, veteran mining
man and developer of the not
ed Porter-Idaho mine on Mar
mot River, has encountered a*t
a depth of several hundred
feet on the Mobile group, the
highly promising ore body
which has. formed the main ob
jective of his development
activities on the property dur
ing the past several years, ac
cording (to reports received in
Stewart this week.
Samples of the ore sent down
to Stewart by Mr. Porter show
heavy mfinerallization; zinc
blende, galena, chalcopyrite,
perfitite and iron being amlong
the elements recognized by
mining men. The ore to all ap
pearances should run very
strong in silver and probably
carries considerable gold, judg
ing by assays previously made
from the vein. Returns from
earlier smelter tests gave gold
values of $3.25 and 325 ounces
of silver to the ton, according
to reliable information.
The Mobile property is owned
by the Argentine Syndicate,
which is controlled and man
aged by Mr. Plorter. During
the course of earlier develop
ment activities, approximately
700 feet of underground drifts
and crosscuts have been run.
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Administration of Silver
Bill to bo “Enthusiastic”
Says Treasury Head
Administration of the recent
ly enacted silver purchase bill
wall be not only willing but
“enthusiastic,” according t)o a
statement by Secretary of (the
Treasury Henry Morgenthau in
announcing that the United
States Treasury was buying big
quantities of silver even before
President Roosevelt signed the
bill.
For several weeks past exten
sive purchases of silver have
been made through the 2 bil
lion dollar exchange stabiliza
tion fund, Morgenthau said.
Up to the latter part of last
week upward of 60 million
ounces of the metal had been
purchased under the new act,
payment being made with sil
ver certificates. It is estimat
ed that 50 million ounces will
be acquired by the close of the
year.
Silver reached a new high of
46*4 cents on Friday, probably
as a result of government pur
chases under the silver pur
chase act.
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Impressive memorial services
were held Sunday by the Can
adian Legion of Stewart at the
cenotaph on the Stewart-Hyder
road.
CONSOLIDATED COMPANY TO START WORK ON C. N. E. RAILROAD THIS SUMMER
WILL SPEND MINIMUM OF $10,000 MONTHLY FOR THREE MONTHS THIS YEAR
ENGINEER TO ARRIVE SHORTLY TO PREPARE PLANS FOR
REHABILITATION OF LINE FROM STEWART NORTH;
CONSOLIDATED MEANS BUSINESS
Active construction work on the Canadian North Eastern Railroad will be launched this
summer in Stewart by the Consolidated Mining and Smelting Company, according to Van
couver press reports received Thursday by the two Stewart newspapers, The Northern Ar
gonaut and Stewart News.
The ultimate objective of the proposed construction is the Peace River district, where the
line would in time connect with one of the transcontinental Canadian railways.
The telegram received by the Northern Argonaut is presented herewith through the court
esy of that'publication as follows:
No. 3 BN Collect DPR via CPR. Vancouver, B. C., June 28th, 1934.
Northern Argonaut, Stewart, B. C.
A minimum of ten thousand dollars a month for three months will be spent by Consoli
dated Mining & Smelting Company on the Canadian North Eastern Railway this season un
der terms of agreement reached with Provincial Government, according to an announcement
by Premier Patullo. '
Engineer will shortly arrive in Stewart to lay out work. It is considered possible Con.
solidated will not limit itself to this minimum. First work, it is understood, will be renova
tion of right of way, replacing of ties, etc., but officials of Consolidated say exact pro
gram will depend on recommendation of their engineer.
Much of the money spent will go in wages in Stewart. President Warren in his wire to
Patullo said present price of metals did not justify heavier expenditure on railway at pres
ent.
Government agrees to extend charter another year in consideration of this evidence
of company's intention to build line, for which it holds charter. While expenditure this
season is disappointingly small, it is a start and may be greatly enlarged next year. It
should help to convince outside world Consolidated means business.
The announcement that the Consolidated company is definitely committed to a program
of active construction w’ork on the projected Stewart-Peace River line, which will ultimately
connect with the great transcontinental railway systems, Is of scarcely less importance to
residents of Hyder, Alaska, than to those of Stewart, B. C., in in view of Ithe fact that the
projected railway line will, when Completed, give to the Hyder district direct railway com
munication with the United States, as well as other sections of the continent.
In addition to the grea(t advantages this would provide, there is also a strong probability
that Hyder, owing to peculiar geographical situation, may ultimately become the actual (ter
minal point and deep-water sea port of the proposed transcontinental railway connection.
Although Hyder is unlikely to participate in ithe financial benefits incident to construction
to the degree that Stewart may, this camp will ultimately share with her sister commun
ity in virtually every advantage ithe railroad may bring to this section of the North.
Claim Exemption Filings
Will Close Sunday Noon
Noon tomorrow (Sunday)
will mark the close of the per
iod for filing notices of desire
to hold m/ining claims under
the assessment suspension act
of the last Congress. Do per
mit the filing of belated notices
the Recorder’s office will be
open Sunday until 12 o’clock.
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Independence Day
Dance July 7
The dance usually given by
the Pioneers of Alaska on July
4, will be held this year on the
following Saturday, July 7, it
was decided aJt the last meeting
of the Igloo. k £
Stewart Couple Wed
Miss Phyllis Grace Bloom
field and Mr. William Lee
Cochran of Stewart were unit
ed in the matrimonial bond by
United States Commissioner
Chas. F. Sandford ajt the Com
missilomer’s office last Saturday
afternoon. Miss Bonnie Camp
bell and Mr. William Essel
mont officiated as bridesmaid
and best man respectively.
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Funds for Highway Refused
Efforts made by Senator C.
C. Dill of Washington during
the closing days of Congress to
have $5,000,000 appropriated
for construction of the Pacific
Alaska highway from the Unit
ed Spates through British Col
umbia failed, according to
Washington reports.
Vancouver Parties to Develop
Tacoma Group on Marmot
Development work .on the Ta
coma group on Marmot River
will be undertaken in the near
future by Vancouver interests,
according to L. E. Bigham, or
iginal locator and owner of the
property, who returned last
week from a trip to the south.
A w’ork priogram is now being
formulated and is expected to
.start shortly, following the ar
rival of some of the parties in
interest from Vancouver, Mr.
Bigham states.
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Lumber For United Empire
A large shipment of lumber
arrived from the south last
week for the United Empire
company.
EMPIRE TRAM
NEARLY READY
Reports from the United Em
pire property indicated that
the 5,500 foot ore tramway,
said to be the largest single
span tram in the world, is now
nearing completion. The up
per towers have been finished
and supplies and materials are
now being Itaken up on a pio
neer drive. The installation is
being directed by Charles W.
Gioldsburgh, who was loaned to
the Empire company for that
purpose by the Premier Gold
Mining Company.
In anticipation of early ore
shipments, the company is
moving Some 80,000 tons of
sacked ore to the tramhead
preparatory to dropping it
down to the lower tram sta
tion 1500 feet below mine
level.
About an acre and a half of
ground has been cleared
around the tunnel portal for a
camp site and a new cook
house 20 by 30 feet in size is
now under construction.
The tunnel is reported in
about 1,100 feet and making
good progress toward the lore
zone which forms its objective,
situaited about 450 feet beyond
the present face.
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River Disgorges Remains
Of Long Drowned Man
The disfigured remains of
Rede Staich, 30-year old Serb
ian employee of the United Em
pire Mining Company,who was
drowned in Bear River a short
distance n]orth of Stewart Nov
ember 16, 1933, were found
Wednesday morning by Mur
dock MacIntyre and his son,
Cherrill MacIntyre.
The body was lying on a sand
bar in the river about two miles
downstream from the point
where Staich lost his life when
crossing the turbulent stream
in a rowboat, while engaged in
the installation of the electric
power line to the United Em
pire mine. Efforts tlo locate
the body at that time were un
availing, although continued
for days by Stewart authorities.
Irving Spencer of Stewart,
who was in the boat with
Staich ait the time of the acci
dent, also narrowly escaped
drowning in the rushing
waters.
The remains were buried in
Stewart following an inquest
by Coroner Dr. J. W. Vosburgh
at which a verdict of accidental
drowning was returned.
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The Hyder lumber mill re
sumed cutting again Monday.