HYDER - FIRST ALASKA TOWN THAT CAN BE REACHED BY PAC1F1C-YUKON-ALASKA HIGHWAY
SPECIALIZING IN
MINING NEWS OF THE
PORTLAND CANAL
DISTRICT
V
HYDER WEEKLY HERALD
r
SUBSCRIPTIONS
$3.00 PER YEAR
IN ADVANCE
.. .
VOLUME 11, NUMBER 6.
HYDER, ALASKA, SATURDAY, OCTOBER 13, 1934.
SINGLE COPIES 10 CENTS
NEW SILVER MOVE IS
BELIEVED PROBABLE
A further move by the Ad
ministration toward the remon
etization of silver is expected
between 'the November elec
tion and the opening of Cong
ress in January, according to
repeated reports from Wash
ington.
From what can be leared, it
appears that this will take the
form of an official devaluation
of silver, which will have the
effect of restoring the metal to
its theoretical parity with gold
at the ratio of 16 to 1 and
will increase the price to $2.18
per ounce.
In the opinion of authoritat
ive writers the President is op
posed to such action now, ow
ing to the possibility that it
might endanger Democratic
chances in the election. The
East is said to still incline
strongly toward resumption ot
the gold standard and in conse
quence is not overly favorable
to bimetallism. It is believed,
however, that that the failure
of the NRA program is certain
to increase demands for bimet
allism or inflation. For this
reason it is believed the Ad
ministration will revalue silver
for coinage after the election
is over in an effort to forestall
inflation by the new Congress.
It is agreed, however, that
silver producers are not likely
to receive anywhere near $2.18
an ounce for their product if
such action is taken. The most
anyone expects is about 75
cents an ounce, for a time at
least. The remainder would,
of course, go to the government
as “profit.”
-•
Picture Show for Stewart
Allan Cardan is planning to
establish a new talking motion
picture house in Stewart. The
establishment will be located
in hi= theatre building on 5th
street and will be equipped
with the latent mechanical de
vices for projection. It is ex
pected to be ready for business
by November.
-o
Winter Settling on Interior
Although it is still comfort
ably warm at Hyder and other
points on the Lower Alaska
coast, winter is rapidly settling
down ion the interior and boat
traffic on both the Yukon and
Kuskokwim rivers has been
suspended for the year.
Reports reaching- Anchorage
October 9 said the river steam
ers were all in winter quart
ers on that date.
Big Missouri Development
Making Good Progress
t
With the western extension
of the Province tunnel com
jleted through the hill to an
opemng or the Day group,
driving of tve new low level
tunnel fiOO feet below the Prov
ince level and at an elevation
of 2250 feet is now well under
way, according to reports from
the upper Salmon valley.
Equipment for transporting
supplies and power from the
main camp through the mine
and snow shed down to the
lower tunnel is being installed.
Extensive development work
is also proceeding on the Prov
ince level, where a raise is be
ing run to open the upper ore
extensions. Every phase of the
development program is said to
be making good progress.
-o
B. of T. To Hold Banquet
The Stewart Board of Trade
will hold a banquet next Fri
day evening at which various
visiting and local notables will
be guest?. The list of invitees
includes A. McCulloch, chief
engineer cf the Canadian
Northeastern Railway c o n
struction; Angus Nicholson,
construction engineer on the
same project; Bert Smith, Pre
mier mine manager, D. Camp
bell, Big Missouri manager;
W. J. Asseltine, member of the
B. C. Legislature; Wm. Dann,
manager c/f the United Em
pire mine, and R. E. Haack, re
tiring manager of the Bank of
Montreal in Stewart.
-o
Says B. S. Silver-Premier
Negotiations Rumored.
Rumors are current in Lon
don mining circles that the
Premier Gold Mining Comp
any and Selukwe Gold Mining
and Finance Company are
again trying to come together
with respect 'to the B. C. Sil
ver property, according to a
London correspondent.
No confirmation of the re
ports can be had and beyond a
slight rise in the shares of the
Selukwe and Sebakwe comp
anies there seems nothing in
the way of endorsement, ac
cording to our informant.
-o
Coast Steamer Sailings
The fall and winter sailing
schedule of the Alaska Steam
ship Company, announced re
cently, provides for the main
tenance of weekly sailings
from Seattle on Saturdays un
til January 9, when a ten-day
sailing schedule will become
effective until March 2. After
that date the weekly sailings
will be resumed. _
GRAND JURY URGES
APPOINTMENT OF
LOCAL MARSHAL
Appointment cf a de'puty L’.
S. Marshal for the Hyder dist
rict was recommended in the
final report of the federal
grand jury, which concluded
its sessions in Ketchikan early
this week, according to B. B.
Smith, local resident, who was
one of the mefnbers.
The report staked in effect
that it had come to the atten
tion of the jur| that there is no
representativea of the U. S.
Marshal’s office in Hyder al
present and urgently recom
mended the appointment ct
one, Mr. Smith said.
The jury also called atten
tion to the absence of a federal
or territorial law against the
driving of automobiles by in
toxicated persons and minor
and urged that the territorial
legislators give the matter their
attention.
-o
. Good Progress on Glacier .
Stewart Barclay, who is en
gaged in driving an extension
of the Glacier Creek tunnel
under contract, is making ex
cellent headway and has al
ready completed over 140 fee.
of his 175 foot contract. The
vein for which the tunnel is
being driven is said to be locat
ed some forty feet beyond the
present face of the drift.
Finds Short Air Route
From Ketchikan To Hyder
Bob Ellis, Southern Alaska
Airways pile'., discovered on
his last trip here an new and
much shorter air route be
tween Hyder a.id Ketchikan,
according to press repoi.
The new route was discov
ered while Ellis was returning
to Ketchikan on a charter
flight with C. V. Brennan and
Paul Everest of .he Brittania
Mining and Smelting Co as
passengers. The route ex
tends from a point on Portland
Canal a few miles below Hy
der to Rudyard Bay on Behm
Canal, over a pass that re
quires no greater flying alti
tude than 4,000 feet at any
point. From Rudyard Bay 'the
route extends in an almost
straight line to Ketchikan.
Utilization of the new route
permits a plane to take virtu
! ally a straight course between
Hyder amd Ketchikan and
saves a far more lengthy trip
around Cape Fox and along
the entire length of Portland
Canal.
Burglar Robs Stewart
Business Establishment
Close of the heels of Hyder’s
recent business house burg
lary, word come? from Stewart
that a similar depredation oc
curred there Wednesday night,
when the Sc.oti Meat Market
was broken into and the cash
register rifled of i.s contents.
As in '.he case of the local
burglary, the thief or thieves
took nothing but the money in
the register, although a pack
age of eggs had apparently
been intended as part of the
look but was left behind when
the miscreant departed.
Entry was obtained by cut
ting through wire screen on
the front door of the establish
ment. The robber or robbers
are said to have obtained
around ten dollars from the
cash register.
-o
Dunwell Ore Shipments To
Granby To Continue
Shipment of silicicus ore from
ihe Dun well mine to the Gran
by smelter at Anyox will be
continued throughout the com
ing- winter, according to a re
cent an; uncement.
The ore is of highly silicious
character and is used a? a flux
ing material at the Granby
plant. The ore will be shipped
in 500-ton lots.
Alaska S. S. Sailing Schedule
--o
R, E. Hsack Takes New Pest
R. E. Haack, manager of the
Stewart branch of the Bank of
Montreal since the .fall of 1929,
will leave next Thursday for
Esquimalt, B. C., where he will
| assume the management of the
branch bank of the Bank of
Montreal at that point.
Mr. Iiaack will be suceeded in
the management of the Stewart
| branch by M. W. Wright, ac
countant in cne of the Vancou
ver branches of the great Can
adian banking corporation. Mr.
Wright is scheduled to arrive
here next Monday. Mrs.
Iiaack will accompany her
I husband south.
-o
Attorney Genera! Truitt
Undergoes Major Operation
James S. Truitt, Attorney
'General f Alaska, is reported
recovering from a major sur
gical operation performed re
cently in Portland, Ore. Speed
: recovery i- helped for.
j The Attorney General went
j south several weeks ago and
j entered the Coffey clinic at
‘Portland, where i. was found
necessary for him fo undergo
the operation.
SEPTEMBER EXPORTS
HIGHEST IN YEARS
Merchandise and gold and
silver shipments from Alaska
to the United States in Septem
ber attained a to'al value of
$21,429,141, according to the
m nthlv statement of the Cus
lome office at Juneau.
This was over thirteen mill
ion dollars greater than for the
preceding month and the high
est export total for any month
since September, 1929. The
value of gold and silver ship
ments for the month, $2,461,
991, was the highest in more
than a decade and nearly a
half million dollars greater
than for October. 1933, the
highest figure attained since
1922.
Canned salmon exports val
ued at more than 20 million
dollars formed the leading
commodity and wag the high
est value for that article since
August, 1929, when shipments
totaled $21,747,475. The com
plete export list follows:
Animals . $ 90
Curios . 74
Fish: fresh and frozen
Halibut . 87,349
Salmon . 55,205
All other . 3,492
Canned :
Salmon. 20,390,150
Cured or preserved
Cod . 11,759
Herring . 251,882
Salmon . 233,043
Shell-fish
Clams . 25,472
Crabs . 29,943
Shrimps . 15,378
Other fish products
Meal .. 193,801
Oil . 261,873
All other fish and
fish products . 5,228
Furs and fur-skins:
Blue fox . 440
Silver or black fox .. 405
Red fox . 1,545
White fox . 50
Mink . 1.148
Muskrat . 2,112
All other . 3,306
Manufactured furs 719
Whale oil . 42,990
Lead . 4,986
Trophies, specimens 1,150
Wood, Timber, etc. .. 8,733
All other articles .... 34,992
Total value products
of Alaska . $21,712,347
Products of U. S. re
turned . 254,063
Total value of for
eign products . 740
Total value merchan
dise shipments .. $21,967,150
Gold... $2,456,782
Silver .. 5,209
Grand Total
$24,429,141