HYDER WEEKLY HERALD
Established 1924
Published Every Saturday at the Herald Building,
Second Avenue, Hyt^er, Alaska.
Chas. F. Sandford . Owner and Publisher
Entered as second-class matter at the postoffice at Ilyder,
Alaska, under the act of March .‘5, L879.
SUBSCRIPTION RATES.
By mail, postage prepaid, at the following rates:
One year in advance.. $5.00
Six months in advance. $2f.50
One month in advance...50
Single copies .-.10
ADVERTISING RATES.
Transient Display Advertising, per inch, per issue .$.50
Minimum Charge. 1.00
Reading Notices, per line, per issue . 20
Notice of Forfeiture, single claims, 14 issues,.$15.00
Notice of Forfeiture, additio nal claims, each $2.50
Applications for Patent, 10 issues, per line, .50
Other legal advertising not specified, per line, .15
Unlfess otherwise agreed, all transient advertising is pay
able in advance at specified rates.
Note-—Extrfi charge will be made when unusual compos
ition is required.
NOTICE TO ADVERTISERS
Changes !r. Display Advertising for current weekly issue
n:u;,c bo presented not later than the Wednesday evening
preceding the day of issue (Saturday) or insertion will
be delayed until the following week.
AN INDEPENDENT NEWSPAPER
Tnis newspaper is not connected in any manner with any
stock brokerage firm or other establishment associated in or
interested in the sale of mining shares and publishes no in
formation relative to local min ing development that is not be
lieved to be in full accord with fact.
PLEASING NEWS
,The announcement of presi
dent J. L. Warren that the Big
Missouri is the mo-t promising
mineral prospect now under
development by the Consoli
dated Mining and Smelting Cd.
is in many respects the most
welcome piece of information
received by thi3 community in
years. Coming on the heels of
repeated reports of important
gold discoveries on the proper
ty during the past two years
the statement appears in the
nature of a practical assurance
that the Big Missouri will be
come the scene of the district’s
most important mining oper
ation in the not distant future.
With the steady diminish
ment of the ore resources of the
Premier mine, the extraction of
which has formed the princip
al industrial activity and pro
vided the major portion of the
local payroll during the past
decade, the need for other pro
ductive resources if the camp
is to retain its past and present
prosperity, has become increas
ingly apparent during the past
two or three years. And, al
though the future life of the
Premier is apparently assured
for some years to come, it has
become clearly apparent that
there could be no further in
crease of the camp’s prosperity
add growth until other major
mining activities were devel
oped within the Salmon River
area. The development of
mines in other sections of the
Portland Canal district, rfc
gardletsi of their magnitude,
contributes but little to the to
the welfare of Hyder, owing to
its peculiar geographical situ
ation. In the absence of other
producing mines in this sect
ion of the district, the fortunes
of Hyder and its people have
been practically bound up with
those of the Premier mine.
Thus the development of an
other big mine will not only
have the effect of greatly en
hancing the communal prosper
ity but will also tend to insure
the camp’s future existence, at
least for a period far beyond
the probable productive life ot
the Premier. And, in view ot
the large number of promising
prospects known to exist in the
Salmon and Texas areas, it is
probable that by that time
other mines will be developed
to continue the camp's stabil
ity and welfare into a still
more distant future.
-1-„— -
SILVER PRICES MAY
• DROP STILL LOWER
Commenting on the present
depreciation in the price of sil
ver, The Engineering and Min
ing Journal, probably the most
widely read mining publicat
ion in the world, openly states
j that although present prices ot
the white metal are the lowest
; of all time, they may easily
drop lower. This statement
appears well supported by the
arguments presented and will
in all probability become a
i statement of fact unless the
situation is'ielieved by the pro
posed plan for manufacturing
and marketing surplus pro
duction.
The article follows:
“Never before in the history
of the world-at least as far as
the editorial records go, which
is 1250 A. D.-has the price oi
silver been so low as it is now.
And never before has so much
silver been produced as in
1929 - probably 260,000,000
ounces. Three-quarters of this
silver is a by-product of base
metal production, so the out
put has increased regardless,
to a large .extent, of the price.
But excessive production is not
alone to blame for the present
conditions. Until a few years
ago, almost two-thirds of the
world's silver was used foi
moneys, but recently most of the
European nations have gone
far in the demonitization of the
, metal, and India, which form
ally took 30 per cent of the
world output, decided to go or
a gold basis, with a consequent
I lessening of its imports. Ir
j China, another sink hole of sil
ver, conditions have not been J
favorable to a continued large
j intake recently,
j “Though prices are the low
est of all time, they may easily
drop lower. * Industrial uses of
j silver seem unlikely to be stim
ulated much by its relatively
, low price. Competition there,
with base metals, which sell by |
the pound instead of by the
| ounce, is keen. Nor is there
j much hope for increasing its ■
use as coinage.
j “Production will drop suf
; ficiently to equal demand, but;
j it will likely be brought about j
j by violent curtailment by those
companies for which silver is a j
leading product, which pro
duce only a quarter of the
world’s supply.”
^ ^ > ...1
Just for Fun
And don't forget that little
smiles lighten big trials.
The average man is the one
who believes he is above the
average. *
—
Eventually there will be a ma
chine for almost everything ex
cept to put out the cat at night.
Her father never gets a
I chance to give her away if her
i small brother does.
; It is often rather difficult to
i judge the social status of the
new neighbors until you smell
their dinners cooking.
The poor still miss a lot. No
firm has yet offered yachts at
a dollar down and a dollar a
week.
Pete Wilson avers that the
rights of the minority are now
protected by nearly all the
states except the state of mat
rimony. * v
i
Mother: “Why didn’t you kiss
;Jthe maid when you left?”
Small Daughter: “I was
afraid she would slap me like
she did Papa.”
FAIRY STORY
“I’ve had enough of married
life!” exclaimed the fair divor
i cee. “I wouldn’t marry anoth
| or man if lm had twenty mil
! lions.” “Marry me,” begged
'her companion, worth twenty
millions. “No,” she replied.
Judge (to fair witness) :
“Have you ever appeared as a
witness in a suit before?”
“Yes, to be sure.”
“Wha^suit was it?”
“My pink charmeuse.”
A local gentleman referred to
the dress worn by a passing
lady of our fair village as
“spiritual.” We asked what
he meant by “spiritual.”
| “Well,” he replied, “there
isn’t much material about it.”
1
Overheard in a local restaur
ant : “Look here, waiter, is this
peach or apple pie?” *
“Can’t you* toll by the taste?”
“No, I can’t.”
“Well, then, what difference
does it make?”
ALASKA NOTES
Culled From the Newspapers
Of the Territory.
An expedition to the famous
Valley ofTenThousandSmokes
in the Kntmi volcanic region
to study the closure of the
gieat erth wounds and possible
origin of ore bodies and for
mation of hot springs like in
Yellowstone Park has been an
nounced by the National Geo
graphic Society. The party
will be headed by Dr. Robt. F.
Griggs, discoverer of the val
ley in 1916.
Nome held her first annual in
dustrial fair last month, begin
ning March 27 and ending
March 29, under auspices of
the Northwest Fair Associa
tion. The sports feature of the
exposition was a revival of the
famous All-Alaska Sweepstake
dog race over a 16G mile course
from Nome to Golovin and re
turn. The first prize was $1,
000, cash second $250, third,
$100. A number of reindeer
j races were also scheduled,
i with cash prizes. The reindeer
i industry was featured, with en
; tries of deer and articles manu
: factored from hide^, etc.
While carrying a log from the
! beach to his nearby home,
! Chris. Leite, a homesteader,
1 fell and receiveda broken
i neck when the log struck him
| on the back of his head. His
| wife and children were watch
ing him when he fell.
The snowfall in Juneau in
February was the heaviest of
any occurring in February in
the history of the town, aggre
gating 65.5 inches, according
to the official weather sum
mary issued-by R. C. Mize, met
j eorologist in charge of weather
i bureau stations in Alaska. The
! greatest amount on the ground
i at one time during the month
j was 32 inches and the largest
i fall in any one day was 11.3 in
: ches.
1 Charles E. Hoxie, aged 67,
| one of the most widely known
! of old-time Alaskans, died at
| his home in Juneau a few days
| ago as a result of heart failure
i brought about by an attack of
pneumonia. He came to the
Territory in 1897~ and was a
| resident of Nome for many
| years and served on the first
city council of that camp, with
1 the noted Tex Rickard. He lat
! er lived in Ruby and other In
: terior camps but became a res
, ident of Juneau about 10 years
i ago and resided there until his
death.
i Three letters.written by Wm.
I II. Seward have been present
| ed to the Seward Chamber of
! Commerce anchvill be framed
for preservation and made a
j part of the Seward memorial
building when it it erected. The
letters, dated 1853, 1855 and
1861, were presented by Fred
erick W. Carted, of Troy, New
York, nephew of Wm. J. Youg,
to whom they were written.
Tom Hinton, known to all the
old-timers of the Dawson and
Mayo districts, died at Mayo
about the middle of January,
a victim of a heart attack.
The capital to capital yacht
race from Olympia to Juneau.
’ held annually for the past
two years, will not be run next
summer. At the request of the
Seattle Yacht Club it has been
decided to hold the next race
in the summer of 1931, in pr
der that the Seattle organizat
ion might sponsor a race from
that city to*Prince Rupert. In
return the 1931 race will be
given strong support by all Se
attle yachting organizations. It
is planned to make Juneau the
rtajting and Olympia the stop
i ping point of the next race.
WATCHES! WATCHES!
Waltham 17 and 23 Jewels
Hamilton 19 and 21 Jewels
. Elgin 7 and 15 Jewels
Wrist watches, Waltham, El
gin & Hofes, $12.50 to $25.00
: Jewelry made to order, repair
! work Anything in jewelry fur
nished on short notice.
Crosley Radios on Hand. Come
In And Look Them Over.
THE NUGGET SHOP
---a-—
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
PROFESSIONAL
^ntcst fUue
JVituntc|i at ^£alu
I'ljibcr, JMafska
chas, f. zmm
NOTARY PUBLIC
HERALD OFFICE
William J-tcssc
U. S. MINERAL SURVEY! R
217 Commercial Building
KETCHIKAN, ALASKA
FRANK A. METCALF
CIVIL & MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
N O Y li S HO AT C O M 1* A X V
Operating M. V. Fairbanks, Carrying U. S. Mails
FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Leaving Ketchikan 9 A. M. Tuesday
Leaving Hyder 2 P. M. Wednesday
Hyder Dock Company, Hyder Agents
m/
A. J. MAYER
P O BOX 12C
...HYDER MACHINE SHOP...
IIY1)ER OAR A O E
Plumbing Stearafitting Black-smithing Genera! Renair*
' Authorized Fora Agent
/ Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
HYDER ALASKA
IMBHHIFIIimMIIIIII I III UllliB 1111"
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