r . '
SPECIALIZING IN
MINING NEWS Of THE
PORTLAND CANAL
DISTRICT
h_-J
HYDER WEEKLY HERAL
DEVOTED TO THE DEVELO ’MENT OF ALASKA AND THE PORTLAND CANAL MINING DISTRICT.
<■■■-■ --.1
SUBSCRIPTIONS
*3.00 PER YEAR
IN ADVANCE
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VOL 7, NO. 8
RYDER, ALASKA, SATURDAY, NOVEMBER 29,1930.
PRICE TEN CENTS
EXTENSIVE OREBDDV
ON THE B. C. SILVER
Discovery of an important ex
tension of the rich ore body lo
cated in June last year on the
sixth level of the B. C. Silvei
property is revealed in a cable
gram from the mine manage
ment made publ.c by the Se
lu kwe company in London on
November 7th. Published
copies of the report received
this week read as follows:
“No. 651 raise, following the
main orebodv, 550 ft. from No
2 shaft on No. 6 level, face It
ft. above floor 636 drift.
The average value of samp
les is $37 per ton, the average
width is 5 ft. 6 inches.
Test hole shows additional
width 6 ft. Work proceeding
steadily.”
To understand the full signif
icance of the cable it is necess
ary to refer to the earlier re
ports issued by the compan\ ;
covering explorations in thi
area occupied by the No. 636
drift. This drift was started
in June last year with the ob
ject of prospecting, according i
to the report for that month
“the ground to the N. W. o
the last 60 feet of southerl\
drift 631,ie. 575 to 635 fee
from the shaft leading down to
the No. 6 level. The indicated
area lies in the southern end of
the Oakville Fraction and with
in a relatively short distance
from the northwesterly horde:
of the Premier's Simpson claim
In the progress report foi
June, 1929, the orebody wa*
said to be 50 feet long at that
period and averaged $18 ovei
a width of 8 feet, with the on
showing a higher percentage
of gold than is usually associ
atod with Salmon River ore.=
The July report following, in
dicated that further develop
ment had opened up the on
body for a distance of 120 ft.
with ore continuing in the face
The average value of the ore
for the whole 120 feet was giv
en at $22 per ton across i
width of 7 feet. As ore was stil
to be seen in the hanging ant.
foot walls, it was estimatei
that the probable width of tin
ore body was ten feet. Som<
cut samples taken at this timi
gave assays ranging between
$60 and $100, according to the
report.
The orebody was then con
sidered to be a downward ex
tension of the Premier 4K j
stope,.
Reference to the ore body in
the report of September, 1929,
disclosed that a cross cut from
the drift No. 636 gave 15 ft. of
$30 ore in another crossdrift j
apparently No. 637, which was j
being at that time extended in
a northeasterly direction, or
' ery nearly at right angles to
$he main drift. The cross drift
at that time was in 180 feet and
had averaged $18 for 50 feet
over a width of 5 feet, 6 inches,
with a probable stoping width
of 8 feet.
In the October report it was
announced that work in the
drift and crosscut had been
suspended at 982 feet from the
shaft. This was apparently due
to encountering tuff format
ion carrying no values,
However, the cable report
Will Display Alaska
Minerals At Paris Fair
An opportunity for securing
some splendid advertising for
the mineral resources of the
Hyder district is presented in
telegraphic advices received
a few days ago by Governor
George A. Parks from the De
partment of the Interior an
nouncing that a n extensive col
lection of Alaska minerals will
be featured in the American
exhibit at the Overseas Colon
al Exposition at Paris, France,
next April.
In his telegram to the govern
or, Secretary Wilbur, head of
the interior department, said
the Alaska mineral exhibit
would embrace specimens ot
?old, silver, copper, coal, anti
mony, arsenic, asbestos, chrom
te, garnet, gypsum, jade, led,
imestone, marble, nickel, pet
oleum, platinum, quicksilver,
:ulphur, tungsten and zinc.
The exhibit will also include
totem poles, and other exam
ples of native handicraft. The
exhibit should reach Washing- j
ton by February 1, and trans
portation charges to Paris and
back to Alaska will be paid by
he Exposition Commission.
In the view of the Herald, (he
Hyder Chamber of Commerce
hould take imemdiate steps to
:ommunicate with the govern
or with a view to having a dis
play of Hyder ores included in
the exhibit.
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Winter Bc&t Schedule
|
t
The winter schedule of the C.!
'i. R. steamers is now in effect
md there will be but one sail
ng a week between Stewart
ind Vancouver. The Prince
Teorge will arrive each Thurs
day morning at 7 a. m. ai d
eave at 11 a. m. The vesstl
vill arrive at Vancouver atl
10 a. m. on the Saturday after
eaving here.
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American ..International ...
Highway Commission is
Now Completed j
A Washington, D. C., news |
•eport last week announced i
hat Herbert D. Rice, of De
doit, Treasurer of the National
lutomobile Chamber of Com
nerce, has been appointed by
he Interior Departmene as j
chairman of the American
commission created by Cong
ress to investigate the feasibil
ity of a highway between the
United States, through British j
Columbia to the Yukon and !
\laska. The other members of
he commission are Ernest
Walker Sawyer and Major
Malcolm Elliott.
CHAMBER COMMERCE MEETING 1
The Hyder Chamber of Commerce
will elect officers for the ensuing year
at a meeting of that body in Chamber
if Commerce Hall next Tuesday even
ng, December 2. All members are re
quested to be present.
this month indicates that work j
was resumed in this area re-1
cently with the driving of an
uprise from the 636 level, as
mentioned in the cable, and has
resulted in picking up the ore
body again at a point 18 feet
above the floor of 636 drift.
References to the extent of
the ore body and values en
countered contained in the var
ions reports indicate that it is
both extensive and valuable.
DEMOCRATS VICTORS
IN FIRST DIVISION
Complete returns from the
First Division show that the
Democratic party received ma
jorties in five races,a plural
ity in a sixth, and the Repub
lican candidates were given
majorities in four contests on
ly, according to the Juneau
Empire.
These returns are semi-ot
ficial,being taken from the re- i
ports received at the office of
the United States District j
Court from election boards of!
the several precincts in the
Division.
The successful candidates j
in the Division were: Geo. B.
Grigsby,for Delegate to Con
gress ;Wm. A. Hesse, for
highway engineer; A. J. I
Karnes, for commissioner of
education; Allen Shattuck,!
for Senator; and Frank A.
Boyle and A. H. Ziegler for |
Representatives. Republicans
carrying the Division were:
W. G. Smith, for treasurer;
Cash Cole, for auditor; Grover
C. Winn and J. E. Johnson
cor Representatives.
Mr. Smith polled the larg
est vote of any candidate, 2,
386. Mr.Cole was second with
2,742, and Mr. Grigsby third
with 2,636 votes
Mr.Ziegler led in the House
contests, getting 2,462 vote3.
Johnson third, and Mr. Boyle
fourth.Mr. Judson, Democrat
was runner up,followed by W.
L. Paul, and E. L. Sampson
and W. P. Scott, who tied with
2,071,and P. McCormack, who
ran Independent, was last.
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Make Test of Alaska Product
Ore of the Apollo and Pop- !
off propei ties on Popoff island
near Seward,is reported to be
well adapted to oil flotation
process. The two properties j
samples were tested by the
Federal Mining and Smelting
company assayers, it is report*
ed. It is expected that a i
small crew will exploit base
ore at both properties this i
winter. Both mines are situ-1
ated adjacent to open harbors
and may be served the year
around by steamships.
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Government Inspector Lauds
New Alaska Capitol Building
“Alaska’s new capitol build
ing is one of the finest govern
ment structures of its size in
the United States,’” in the per- j
sonal and official opinion of
Everett J. Quinn, mechanical
engineer of the U. S. Treasury
Department, who visited Jun
eau recently to inspect the new
capitol before its completion, j
It is Mr. Quinn’s duty to in
spect every federal buliding in
course of erection just before
they are finished.
0
BURKE REPORTED POUND
The plane of Capt. Burke and also j
the long missing pilot and his two
companions, were located this week
by planes in the Atlin country, accord
ing to word received in Stewart. The
men were safe and the plane was un
damaged after being forced down by
shortage of gas. the reports indicated.
The search for Pilot Benahan is con
tinuing but without result.
SILVER LOAN WOULD
RELIEVE DEPRESSION
Senator Key Pittman, of Utah,
in a recent public address in
his home state, outlined the
proposals that will be embod
ied in the report of the Senate
sub-committee of the Senate
committee on foreign relations
relative to the proposed silver
loan to China, according to
press reports. After announc
ing that his committee would
propose an international loan
to China of several hundred
million ounces of silver, the
Utah senator pointed out that
the plan contemplates that the
silver so loaned would be
measured in ounces and that
the interest and principal
would be repaid in ounces. As
to the size of pool necessary
h$> mentioned $200,000,000 or
several hundred million oun
ces of silver. He urged this
plan in preference to the call
ing of an international silver
conference, on the ground that
the loan would immediately
relieve the prevailing industri
al stagnation period, while an
international conference would
mean long delay in any posi
tive action. He flatly accused
Great Britain of bringing about
the collapse of the silver mark
et by placing India on a gold
basis, but pointed out that
should Great Britain enter such
a loan program as he proposed
she could not consistently con
'inue to debase silver in India.
Senator Pittman advocated,
first, that congress adopt a res
olution advising the president
to negotiate a treaty with
China', Great Britain, France
and Japan, looking to the pac
ification of China and the stim
ulation of peaceful industry in
that vast country; second, that
these powers, other tharr Chi
na, then form a pool of silver
to be made available to the
Chinese nationalist govern
ment for use in building roads,
establishing industries and for
such other purposes as are ap
proved by a joint commission
of the members of the pool.
“Witnesses who testified be
fore our committee,” he said,
“ are unanimously agreed that
such a program would meet
with the approval of the Chin
ese nationalist government, the
war lords and the people of
China. The plan contemplates,
of course, that the four war
lords of China who now con
trol large armies and and vast
areas, would be brought into
the nationalist government to
participate in its administrat
ion. Such pacification of China,
in the opinion of those compe
tent to advise, would immedi
ately substitute industrial ac
tivity among the 450,000,000
inhabitants of China for mur
derous war, anarchy, famine
and death.
“It is positively contended
by such witnesses that our com
merce of China would be in
creased tenfold, and that they
could almost immediately con
sume all of our surpluses of
wheat, greatly reduce our sur
pluses of of automobiles, lum
ber and manufactured goods
and furnish-a deman dfor more
silver than the mines of the
world could supply. People
Reappcrticnment of ..Seats
In Congress Announced
President Hoover announced
last week that reapportion
ment of the House of Repre
sentatives under the 1930 cen
sus will give California 9 more
seats, Michigan four more, and
Texas an additional 3. Cong
ressional action will also give
Connecticut 1, Florida 1, New
Jersey 2, New York 2, North
Carolina 1, Ohio 2, and Wash
ington 1 additional seats. The
following states lose one each:
Alabama, Indiana, Kansas,
Maine, Massachusetts, Minne
sota, Mississippi, Nebraske N
Dakota, Rhode Island, South
Carolina, South Dakota. Tenn
essee, Vermont, Virginia, and
Wisconsin.
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R. E. McCarthy, a sailor from
the cutter Cygan, was fined
$10 in the Commissioner’s
court this morning for violation
of the Bone Dry law.
well informed on the situation
in China say that there is nc
revolution there, It is purely
political or economic fighting
and placing of the nationalis
government on a sound finan
cial basis would undoubtedly
restore peace. As for the sold
iers who make up the armies
of the war lords, they are
fighting for food and would
gladly go peacefully back to
work if they were given an op
portunity.
“This is not,” he asserted.
“ a silver problem, except in
cidentally. It affects the wel
fare of the entire world.”
The Senator declared that
when the price of silver sud
denly dropped to the lowest
level in history, the blow did
not fall on the silver men alone.
The buying power of half the
population of the world was
cut in half, and wheat, lumber,
automobiles and other com
modities were as disastrously
affected as silver.
“The debasement of the met
al,” he continued," meant that
the large silver-using countries
of the world could not have
credit, as they could not agree
to repay loans at the prevail
ing price of silver. They might
borrow with silver at 35 cents
an ounce, and be compelled to
pay back with silver worth on
ly 30 cents an ounce. The re
sult, of course, was a tremend
ous falling off in exports to
these countries. And that, in
my opinion, is the reason for
our economic plight toady.
“President Hoover, in his
able speech before the bank
ers’ convention at Cleveland,
stated that the world is suffer
ing from over-production. I
think the conditions would be
more accurately stated had he
declared that the world is suf
fering from underconsumpt
ion, a condition that can be
largely remedied through the
restoration of the value of sil
ver.
“And silver has never had its
true commodity value. Legis
lative pressure has always
been exerted against it. But it
is my belief that if we can re
habilitate China by loaning her
silver, the price of the metal
will be stabilized at around a
dollar, instead of fluctuating
from 30 to 68 cents.”
PRIVATE CAPITAL
MAY BUILD HIGHWAY
If the governments of' the
United States and Canada are
unable to devise a workable
plan for the financing of the
proposed extension of the in
ternational highway through
British Columbia into Alaska,
private capital is ready and
willing to carry the project to
completion, Samuel Hill, noted
good roads enthusiast, said in
an address before members of
the State Highway Patrol at
Olympia, Wn., a few days ago.
Mr. Hill predicted that a
highway from the heart of
Mexico to the interior of Alas
ka will be a reality in five
years. A group of Eastern
capitalists are prepared to
spend up to $20,000,000 on the
construction of the road into
Alaska and a tentative organ
ization has already been
formed and the capital
pledged, Hill said. The group
proposes to construct the road
in return for concession rights
for resorts along the highway,
but the builders propose to
turn the road over to the public
after the investment has been
returned in the form of profits
from the concessions.
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Prosperity Mine Makes
Splendid Showing for Year
The report of the Premier
Gold Mining Company cover
ing operations on the Prosper
ity group during October re
veals that the property is mak
ing a splendid record despite
the present marked deprecia
I ion of silver values and the
fact that silver constitut ■*
most of the mineral values con
tained in the Prosperity ore.
Acording to the statement,
ore extracted and shipped dur
ing the month amounted to
1482 tons, which yielded a
gi’oss smelter return of $46,150
and a net profit of $20,248 aft
er deduction of mining, trans
portation and smelting charg
es, or an average of slightly
over $13.66 per ton of ore
shipped.,
Net earnings of the mine dur
ing the twelve months of con.
mercial operation under Pre
mier control are reported to -
have totalled $193,470. This
represents average monthly
net earnings of slightly more
than $16,122. Under the more
favorable silver market of a
year ago this would have been
practically doubled.
Alaska Logging Industry
Slightly Under Par—1930
While there has been no se
rious depression in the lumber
business of the Tongass Forest
District, the cut of timber this
year* was slightly under the 5
year average and there was
some curtailment of logging
operations, according to a re
cent statement by R. A. Zeller,
Forest Supervisor.
Mr. Zeller, said that the out
look for next year also looks
promising for the loggers. Al
ready some applications have
been received for timber for
logs for fish traps, but no new
applications for saw timber are
expected for some time to
come, as cutting is still in prog
ress on several tracts under
contract.