——1.
AN ALL
ALASKA
NEWSPAPER
> ■ /
HYDER
DEVOTED TO THE DEVELO PMENT OF ALASKA AND THE PORTLAf
HERALD
CANAL MINING DISTRICT.
VOL 4, NO. 32
HYDER, ALASKA, SATURDAY, APRIL 28, 1928.
FIFTY (MS A MONTH
WILL PLACE CANTU
ON PRODUCING BASIS
A strong financial group com
posed of Portland and Los An
geles interests headed by M. J.
Lee, of Portland, Ore., has
taken over the well known
Cantu group, in the upper Sal
mon basin and will place the j
property on a productive basis
during the coming summer, ac
cording to Mr. Lee, who arriv
ed from Seattle Tuesday to in
augurate activities.
Accompanying Mr. Lee was a
party of ten people, including
several ladies, who will be em
ployed on the property in vari
ous capacities. Mr. Lee also
brought in 22 tons of supplies
and equipment for use on the
property. A compressor and
other mine equipment is also
scheduled to arrive later.
Mr. Lee informed the Herald
that it is the intention to com
mence development of the ex
tensive galena deposits knowr
to exist on the property and to
inaugurate shipments of the
high grade as soon as condit
ions permit.
That their proposal is emi
nently practicable is indicated
by numerous assays in earliei
years showing silver-lead val
ues ranging from $75 to $150
per ton. The large extent of the
galena deposits is shown bj
the mining of 15 tons by the
former owners. Mrs. F. N
Cronholm and T. W. McDon
aid, without the use of ar
ounce of powder. Owing to the
veins pitching steeply into the
bluff-like mountainside, bu;
little development will be re
quired to prove them to a vert i
ical depth of several hundred
feet.
Mr. Lee and his associates al
so plan to thoroughly explore
the huge zone of Premier por
phyry which traverses the up
per end of the property. Thu
zone ranges up to 200 feet ir
width and has given assay re
turns averaging $16 per ton iu
gold. The development plant
also include the constructor
of a road from the Salmon Riv
er highway to the foot of Sal
mon glacier. This will follow
approximately the same course
as the temporary road built b\
the Premier company in 192(
and will be of a character tc
permit hauling of ore and sup
plies by trucks. Permanenl
camps will also be constructed
as soon as conditions permit.
Associated with Mr. Lee ii
the enterprise is H. M. Colby
noted in Portland financia
circles, in addition to othei
strong financial interests. The
organization is fully financed
to carry on the contemplatec
development program and has
no stock for sale.
Mr. Lee, who visited Hydei
last year and bonded the Can
tu interests of T. W. McDon
ald, will personally direct the
development activities.
Active development work on
the Virginia group of the Pre
mier Border Gold Mining Com
pany, Ltd., is scheduled to
start as soon as the new camp
accommodations, now in course
of construction, are complet
ed, according to Wm. Bunting,
who is in charge of activities
on both the Premier Border
and Crest Consolidated Gold
Mining Company properties.
The new buildings on the Vir
ginia include a 16 x 30 foot
bunk house, capable of accom
modating 15 men, a 14 x 24
foot cook and mess house and
ft MS compressor bouse.
■
MARMOT GOLD FINANCED
FOR SUMMER SEASON
The Marmot River Gold
Mines, Ltd., “has sufficient
funds to fully assure carrying
out all development work re
quired this year,” according
to a statement issued in circu
lar form by the directors on
April 14.
The statement also announces
that the company properties,
comprising 13 claims, situated
on the south fork of Marmot
River, are fully paid for. The
company also possesses 1,649,
995 of the orginal 4,000,000
shares of treasury stock. The
company is capitalized at $1,
000,000, the par value of the
stock being 25 cents per share.
As announced in last week’s
issue of the Herald, a com
pressor plant and building
materials, is being taken to the
property, which adjoins the
Engineer Group, by freighter
Jack Renny.
The statement expresses the
hope that development work
during the coming season will
result in th production of ore
of shipping grade from two
veins which are said to carry
good values in gold and silver.
One of the veins is traceable
over 3,000 feet, the other for
1200 feet. One vein is said to
average about 7 feet in width,
the other ranging from 4 to 9
feet. Both veins are cut by an
important cross vein.
Development activities will be
under the direction of G. R.
Bancroft.
TWO KETCHIKAN
BOATS WEEKLY
In adherence to its promise to
provide the best boat service
possible between Hyder and
Ketchikan, the Noyes Boat Co.
is preparing to inaugurate a
twice a week service between
the two points, according to an
announcement by Capt. Wal
lace W. Noyes this week.
The new service will be start
ed on May 15th and should
prove very advantageous to lo
i cal-business houses which se
cure supplies from the First
City. It will also be of great
benefit to the traveling public
of both places, through en
abling a visit to either Hyder
or Ketchikan without an undue
!oss of time.
Capt Noyes deserves the
warmest commendation for his
enterprise and it is sincerely
hoped that all Hyderites will
support his efforts to the best!
of their ability.
The irrepressible Joe Jackson
has again broken into the pub
licity limelight; this time by lo
cating and financing a local
mining property within a space
jf one month, according to
Vancouver newspapers.
The property in question con
cists of three claims located
in the Georgia River section, in
proximity to the promising
Georgia River Mining Com
pany holdings. Jackson who
arrived here from the south
come weeks ago, located the
claims soon after his arrival
and later departed for Van
couver, where financing of the
property was undertaken by
the well known firm of David
son and Davidson. The reports
indicate that funds for the op
eration of the property are al
ready assured.
All of which appears to sup
port Joe’s vociferous and oft
repeated declaration that “you
can’t keep a good man down.”
PARKER IMPRESSED
BY POSSIBILITIES
OF DISTRICT
Ernest S. Parker, Winnipeg
finacier and president of thi
Premier Border Gold Mining
Co. and Crest Consolidated
Gold Mining Co., was a visitor
in Hyder Sunday and Monday.
During the course of his stay
Mr. Parker, inspected the Vir
ginia group, controlled by the
Premier Border Company, but,
owing to snow conditions, was
unable to visit the Crest and
other properties on which his
companies will undertake de-j
velopment work during the
coming season.
Before returning south Mon
day evening Mr. Parker in
formed the Herald that the
large property holdings of the
Premier Border and Crest com
panies, approximating 200
acres, will be subjected to
thorough exploration as fast as
conditions pennit.
“Owing to the snow, I have
not been able to see a great
deal,” Mr. Parker said, but I
am greatly impressed by the
mineral production outlook ot
the district. Judging by what I
have learned, this section pre
sents great possibilities and
should develop into a highly
productive region. Our proper
ties are very well located and
we are prepared to spend a
large amount of money for de
velopment work.
Mr. F. J. Crossland, our min
ing engineer, will arrive short
I ly to go over the ground and
prepare operation ’plans,” he
continued.
Mr. Wm Bunting will be in
charge of activities on all the
properties controlled by our
companies.
It is the intention to push de
velopment as rapidly as poss
ible in an effort to bring one or
lcre of the properties into
early production.
“If we can bring in a mine,”
Mr. Parker added, “I am con
fident that practically unlim
ited funds can be obtained for
more extended development in
this district.”
Mr. Parker plans to return
to the district within a brief
season and is also looking for
ward to spending several
weeks during the summer.
-o
CONDITIONS FAVORABLE
FOR EARLY WORK
ON TEXAS CREEK
Snow conditions on the west
fork of Texas Creek appear
favorable for an early start of
mining activity in that section,
according to Malcolm Smith,
well known miner, who re
turned Tuesday from a visit to
the district in company with
Angus Kennedy. The trip was
made for the purpose of get
ting out timbers for a foot
bridge on th e trail to Mr. Ken
nedy’s properties, which are
located a short distance from
Mr. Smith’s extensive holdings
below the Ibex and Homestake
groups.
There is about 8 feet of snow
in the valley, Mr. Smith says,
but there have been no big
slides and from the looks of
things there may not be any. In
his opinion conditions are fav
orable for starting work much
earlier than last year.
-o
R. C. Willis and wife, who
have been employed at the
Premier camp at Nine-Mile,
left for Ketchikan on the Fair
banks, A'
MARMOT METALS IS
IN GOOD SHAPE
-o
With $58,000 in development
money in its treasury, the Mar
mot Metals company will un
dertake a policy of obtaining
skilled engineering advice in
its development expenditures,
according to a report of the
annual meeting, held in Van
couver April 18, published by
the Financial News of Western
Canada.
The funds in hand, it was
stated, should be sufficient to
accomplish very much toward
proving the property. A meet
ing of the directors was sched
uled to take place shortly to
decide upon an operating pol
icy.
The meeting resulted in sev
eral changes in the directorate,
which n ow includes Dr. R. E.
McKechnie, George Markle
and Nichol Thompson, of Van
couver, H. C. Magee and H. W.
M. Ralston, of Stewart, and G.
W. Bruggy, of Alice Arm.
_n
VANCOUVER MINES LTD.
IN FINE POSITION
The ordinary general meeting
of the Vancouver Mines, Ltd.,
held recently in Vancouver,
disclosed that the company is
in excellent condition, with
present financing nearing com
pletion and the crown grant
ing of its 13 excellently locat
ed properties in the upper
Bear River section nearing con
clusion.
Matthew J. Phillips of New
Westminister, B. C., was elect
ed president, Sam Deschamps,
of Stewart, B. C., secretary
and J. A. Hall, of Vancouver
and Hyder, treasurer. Directors
elected include Messrs. Phil
lips and Deschamps and Col.
Wm. T. Perkins, of Seattle,
Christopher Reid, of Kelowna,
B. C., and E. D. Haddon, of
Hyder.
An important event of the
meeting was a decision to re
move the offices of the com
pany from Vancouver to Stew
art, B. C. with a proviso that
shareholder’s meetings be held
in Vancouver.
Financing for the coming
season is expected to be com
pleted about May 15, after
which all indebtedness of the
company will have been paid
and they will have as princi
pal assets the 13 crown grant
ed claims and something over
350,000 of the original 1,000,
000 treasury shares.
RIVER PROTECTION WORK
GETTING UNDER WAY
Despite the present inhibitive
snow conditions, work on the
river protection project is
gradually getting under way.
Preparations are going for
ward for moving the big don
key engine and winch to the
scene of activities, a short dis
tance north of the town, and a
small crew of men started this
week to remove logs from the
lower end of the slough thru
which the river will be divert
ed into a new course.
The river will be turned at a
pqint near the lower jetty and
if successfully accomplished
will throw the stream consid
erably to the westward of its
present channel.
-o
E. D. Haddon, manager of the
Bank of Hyder, left Sunday on
a vacation trip to Vancouver.
---O-■
Clay Porter, president of the
Porter Idaho company, left for
the south Monday evening.
LOCAL PRIMARY RETURNS
Following are the returns ol
the primary election held here
Tuesday. Owing to inclement
weather combined with a gen
eral lack of interest, the vote
was the lightest in years, only
81 votes being cast.
Only two ballots were cast
for the democratic candidates.
As none of the democratic of
fice seekers were opposed, all
candidates on the list received
two votes. Republican returns
follow:
For delegate to Congress:
Sutherland 67, Howard 12
For Attorney General:
Rustgagd 62, Waller 12.
For Natl4 Committeeman:
Albrecht 32, Lathrop 23, Al
drich 17.
For delegate Rep. Natl. Con
vention :
Wickersham 60, Chase 35, Cas
well 23, Gelles 16, Pratt 12.
For Alternates:
Grant 53, Gottsein 47.
For Terr. Senator:
Hunt 26, Benjamin 22, Gard
ner 15.
For Terr. Representative:
Paul 49, Winn 39, Gildea 34,
McCormack 28, Olts 20, Dar
well 19, Johnson 19, Noland
17, Wacker 16.
For Divisional Road
Commissioner:
Gilmore 46, Adkers 34.
The election was under the
supervision of the following i
judges, E. M. Reynolds, Chas.
G. Skoning and Wm. C. Mul
lins; the latter chosen to fill,
the vacancy created by the ab
sence of Mrs. Haorld Johnson.
PREMIER BORDER
SHARES SUBSCRIBED
IN RECORD TIME
The initial share offering of
the Premier Border Gold Min
ing Company, Ltd., controlling
the Virginia, Border and Cas
cade groups near 13-Mile, was
subscribed with a celerity
which is said to constitute a
record for distribution of West
ern Canada mine shares.
The entire issue of 500,000
shares is reported to have been
over subscribed at the pre-list
ing price of 50 cents a share
within a period of four weeks
after being placed with the
brokers. The bulk of the shares
were subscribed by Winnipeg
people, although a large port
ion were taken in Vancouver
and other western centers.
With the recent acquisition of
the Cascade group, the com
pany now controls close to 200
acres of mineral lands, a large
part of which adjoins the fam
ous Premier mine.
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PRIMARY TOTALS TO DATE
Delegate to Congress
Dan Sutherland 3385
Bartley Howard 1682
Attorney General
John Rustgard 3379
J. L. Waller 1341
Rep. Natl. Committeeman
A. E. Lathrop ....2231
Geo. W. Albrecht 1718
Frank A. Aldrich 850
Delegates Rep. Natl. Conven’tn
James Wickersham 2965
W. H. Chase 2203
Wm. H. Caswell 1652
Gus Gelles 1326
Louis K. Pratt 728
Alternates
J. B. Gottstein
Wm. D. Grant
Territorial Senator
Chas. Benjamin 1207
| C. T. Gardner 1201
I Forest J. Hunt 520
MARCH EXPORTS
SHOW GAIN
An increase of $186,636 in
the value of Alaska exports in
March, as compared to March
1927, is shown by the monthly
statement of Customs Collector
J. C. McBride.
The gain is attributed main
ly to increased fur and copper
shipments, with a small in
crease in the value of fish pro
ducts. Copper valued at 1,010,
950, an increase of $129700
over March, 1927, was the
most important item. Fur
shipments totaled $221,137 in
value, of which red fox, val
ued at $87,285 formed the
leading item.
Following is a summary of
the report:
Animals.$ 42
Fish:
Fresh and frozen
(except shell-fish)
Halibut... 54,341
Salmon. 5,643
All Other. 950
Canned (except
shell-fish)
Cod. 224
Herring. 353
Salmon. 995
Shell-fish
Crabs. 300
Shrimps. 27,463
Other fish products
Oil. 50
Furs and fur-skins
Blue fox. 17,845
Silver or black fox. 1,885
Red fox. 87,285
White fox. 1,050
Mink..... 67.605
Muskrat... 224
Beaver. 1,100
All Other. 53,293
Manufactured furs. 850
Ore, matte and reg
ulus
Copper. 1,010,950
Lead... 10,294
Trophies, sped-,
mens, etc. 150
Wood: Timber and
lumber. 75,212
All other articles. 1,565
Total value of pro
ducts of Alaska. 1,497,553
Products of United
States returned. 87,552
Total value of for
eign products. 2,576
Total value of ship
ments of merchan
dise. 1,587,681
Items included in “All
Other Articles”
Hairseal skins 8 365
Paintings 1,200
Territorial Representatives
Grover C. Winn 1637
William L. Paul 1482
P. C. McCormack 1410
Leroy E. Noland 1343
Charles Darwell 1173
A. L. Olts 1140
John E. Johnson 1044
Patrick Gildea 976
Engene Wacker '582
Road Commissioners
Alex Adkins
Peter F. Gilmore
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J. A. Hall, president of the
Bank of Hyder, was an arrival
from Vancouver Sunday. Mr.
Hall will remain a week or
two before returning south.
-O
G. E. Snively and Mrs. Snive
ly, who have been employed
at the Mountainview camp for
some time past, left for the
south Sunday.
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The motorship Norco arrived
from Seattle Tuesday evening,
with 112 tons of general cargo
and 16 local passengers.