HYDER - FIRST ALASKA TOWN THAT CAN BE REACHED BY PACIFIC-YUKON-ALASKA HIGHWAY
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VOLUME 10, NUMBER 52.
HYDER, ALASKA, SATURDAY, AUGUST 25, 1934.
i I III.* ... Mill ."'*3- » " '_„ I, ■
SINGLE COPIES 10 CENTS
GOOD ORE FOUND
ON UNITED EMPIRE
Latest reports from the Unit
ed Empire disclose that the ore
body encountered late last
week in the main tunnel is un
doubtedly the lower extension
of the surface ore showing
which formed the initial ob
jective of the tunnelling oper
ations.
Information abtained from
very reliable sources indicates
that the ore body is around 30
feet in width and consists for
the most part of ore of milling
grade carrying a 7-foot vein
which runs better than $20 a
ton. How much better could
not be ascertained.
Although lacking much inter
escing aeian, inis inrormauun
is believed to be fully accurate,
despite variance with various
street rumors.
William Dann, manager for
the company, left Monday ev
ening €or Vancouver. In the
interval Empire shares have
advanced upiward of 20 per
cent.
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Progress On Cantu Group
Reports from the Cantu group
this week indicate that the dia
mond drill employed by the
Consolidated Mining & Smelt
ing Company in prospecting
the ground has not yet reached
its objective in the initial drill
hole.
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Alaska Fisheries Yielded
32 Millions During 1933
The total value ok the unpro
cessed or raw products of Alas
ka fisheries last year was $9,
088,984, according to- a recent
bulletin of the bureau of fish
eries.
The value of the products of
the fisheries as prepared for
the market is placed at $32,
126,588.
Thirteen types of fish taken
in Alaska waters make up the
industry’s sources. The salmon
industry is the largest produc
er. The various types with
their manufactured or “fin
ished” values are given as fol
lows:
Salmon, $29,404,072; her
r i n g, $1,402,194; halibut,
$726,362; cod, $12,907; sable
fish, $4505; trout, $1,965;
flounder, $1125; dock fish,
$119; smelt $50; clams, $246,
338; crabs, $155,580; shrimp,
$102,382; whale, $68,989.
Grant Mahood, well known
mining man, letf Monday for
the south after a three day
visit.
Will Recommend Further
Improvement Fish Cr. Trail
Further improvement of the
Fish creek trail from the vicin
ity of the Mountainview prop
erty and northward will be
recommended by Forest Rang
er C. M. Archbold, who visited
the district last week to in
spect the local forest trails.
Before leaving for his head
quarters in Ketchikan last Sat
day Mr. Archbold informed
the Herald that he intended to
take the matter up with the
Forest Service authorities im
mediately and anticipated act
ion in the near future.
No extensive expenditures
are contemplated and the work
would prolbably be confined
jjiuiuprtii,)' uu icpauB.
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$2.18 Silver Forecast
In Washington Reports
Silver at $2.18 an ounce as the
United States legal price for
the white metal is forecast for
late October or November by
authoritative information from
Treasury circles, according to
Washington reports Wednes
day.
Proclamation of the historic
ratio of 16 to 1 with gold is
said to be President Roosevelt’s
next step in the monetary pro
gram. Roosevelt can do this
by pr oclamation.
No action is likely until the
Treasury completes the 2 bill
ion dollar government financ
ing schedule for late in Sep
tember or October. It may al
so await the fixed period for
complete silver nationalization
which is to culminate about
rsuvemoer ±o, tne reports saiu.
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Plane Makes Trip To Anyox
L. S. Davidson, manager of
the Dunwell mine, J.Matthews
and Leslie Wordman were
round trip passengers to An
yox on the Canadian Airways
seaplane Thursday.
The plane covered the dist
ance in 70 minutes, 35 minutes
each way.
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LOCAL NOTES
Leonard R. Traversy left last
Saturday for Ketchikan to take
a position with the ECW.
Allan Campbell of the Big
Missouri istaff left Monday on
a visit to Vancouver.
W. R. Selby of the Big Miss
ouri engineering staff left this
morning for the south, where
he will take unto himself a
i bride, according to report. ^
PITTMAN predicts
$1.29 OUNCE SILVER
Senator Key rittman c|f Ne
vada expects tkat nationaliz
ation of silver will increase the
price to $1.29 cents an ounce,
revive the silve^ mining indus
try in the west, and stimulate
the foreign tradi of the United
States, according to a recent
statement.
Pittman expressed the con
viction that silver will rise
steadily to a parity price in this
country, whiclj is $1-29 an
ounce. The risifig price of the
metal already has increased
American trade With India and
China, trade with the latter
country jumping 30 per cent,
he said.
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Plana For Air Mail Service
In Alaaka Being Considered
Plans for the establishment
of air mail service in Alaska
have been under consideration
by the post office department
for some time and may result
in the inaugura|ipn of air mail
routes in the near future.
This was revealed last week
in an announcement made late
in the week by Harlee Branch,
second assistant postmaster
general, in an announcement
that he is planning a trip over
possible routes next month.
“If it is found practicable to
inaugurate air mail service in
Alaska, I feel that it will do
much to open the Territory to
further development,” he said.
Branch also expressed the be
lief that a plane service con
necting with the present intra
territorial service 'would be a
considerable addition to the
national defense.
Branch said he plans to leave
Seattle for Seward probably
September 24 or 25 and will
visit Juneau, Fairbanks and
Nome during a stay of a week
in Ala'ska.
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Will Steel Crosses Great Divide
Will A. Steel president of the
Alaska senate in 1929 and lat
er secretary to Alaska dele
gate James Wickersham, died
in Seattle Tuesday night after
a ten-day illness.
Steel was one of the early
day pioneers and known from
Dawson to Nome. He was 68
years old and is survived by a
brother, Harry G. Steel, pub
lisher of the Cordova Times,
and other relatives in the east.
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Allan Campbell was among
the number leaving for the
south Monday.
Argentine Syndicate
Development Interesting
Clay Porter, developer of the
noted Porter-Idaho mine on
Marmot River and at present
managing director of the Ar
gentine Syndicate, is quitely
carrying on one of the most in
teresting development projects
in the district on the Mobile
group in the Bear River section
about four miles north of Stew
art.
The group, consisting of eight
claims, is situated at 38000 feet
elevation cn the south side of
Glacier Creek overlooking the
east slope elf the Bear River
valley and is distinguished by
distinctly unusual geological
and minerological conditions.
1 hese are of the type known to
students of geology as likely to
“make ore” and were the pri
mary objects in attracting Mr.
Porter’s attention to the prop
erty, as he is not only a pros
pector of wide experience in
western and northern mining
fields but is also the possessor
of unusual knowledge of geol
ogy and minerology, gained by
dose study of those intricate
and highly technical subjects.
Following his purchase of the
group three years ago, Mr.
Porter has carried cn an ex
tensive series of summer devel- j
opment activities which have
revealed highly important com
mercial ore possibilities.
Prior to his acquisition of the
property, approximatel 500
feet of underground work was
done by preceding owners up
on three heavily mineralized
zones which traverse the group
from east to west and run par
allel to each other within a
space about 1200 feet wide.
worn done oy ivir. rorxer nas
been directed principally tc
the middle vein of the series,
which ranges around 8 feet in
width and, like its companions,
known as the East and West
veins, is traceable about 4,000
feet on the surface. This lead
was recently cut by the main
tunnel 480 feet from the port
al at a depth of 300 feet on the
dip and' was found to preserve
the same general width and
minerological characteristics
as on the surface.
The mineralization of this
and the other veins in the sys
tem is described by Mr. Porter
as uniformly silver, zinc and
lead, with zinc the predominat
ing metallic element.
Where cut by the tunnel, the
middle vein runs through
about 20 Ifeet of gangue matter
I and development has revealed
! that the mineralization in plac
es runs in the center of the gan
gue, instead of along the walls,
as is usually the case. As
Continued on Page 3
D1MOND WOULD HAVE
ALASKA VOTE FIRST
Delegate A. J. Dimond i's
planning to have Alaska lead
the nation in sending out its
election returns, according to a
recent announcement in which
he pointed out that instead of
the old, familiar slogan, “As
Maine goes, so goes the na
tion,” it may become “As Alas
ka goes, so goes the nation.”
At present the eastern states
vote on September 10 and
Alaska on the following day,
in accordance with the new
election law. As the act pro
vides that the territorial legis
lature may set the date for fu
ture elections, the date of Alas
ka elections may be advanced
so that the results may be
known prior to all others.
Whatever other effects may
result, it would be fine public
ity for the Territory.
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Silver Price Rise Halted
The price of silver has re
mained unchanged at 49%
cents for nearly two weeks, ap
parently as a result of the re
cent nationalization of the
white metal by President Roos
evelt.
Local silver students believe
that no further increases will
occur unless the United States
forces up the price by purch
ases abroad or some other na
t i o n undertakes remonetiz
ation.
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Jack McCord Fined On
Bad Check Charge
Jack McCord, promoter of
various Alaskan enterprises,
who was arrested recently on a
charge of passing bad checks
in Juneau four years ago, was
found guilty by a jury in the U.
S. Commissioner’s court in Ju
neau a few days ago and fined
$250. The jury recommended
leniency. McCord’s attorney
gave notice of intention to ap
peal the case.
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Alex. MacDonald Undergoes
Bone Operation In South
Alex. N. MacDonald, well
known miner, who went slouch
some days ago to secure med
ical assistance for an infected
leg bone which has troubled
him for years, was operated on
by a noted bone specialist in
the Vancouver General Hospit
al a few days ago, according
to letters received by local
friends. A section of the bone
ten inches long was said to
have been removed from tha
limb.