HYDER WEEKLY HERALD
Published Every Saturday
Application made for entry at the post office at Hyder, Al
aska, as second „lass matter,un^^r the Act of March 8,
1879.
Chas. F. Sandford. Editor.
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AN INDEPENDENT NEWSPAPER
“PROSPECTING AS A
BUSINESS”
Under the above caption,
Mining Truth (Spokane) dis
cusses in the following able
manner the question of what
constitutes a fair price for an
undeveloped mining claim and
what terms should be given
by prospectors in selling their
properties. It says:
This is an old question with
nearly as many answers as
there are individuals discuss
ing it. Naturally the prospect
or wants to get all he can, and
it is quite as natural that the
buyer should wish to pay no
more than absolutely neces
sary.
Without attempting to dis
pose of this troublesome ques
tion for all time, it is our be
lief that when the prospector
realizes that a decided change
has taken place during the
past ten or fifteen years and
that claims are not being sold
readily for high cash price**
as once was true, then he will
deal with the prospective buy
er in a different manner.
The prospector, too often, is
unable to do much develop
ment work, due principally to
lack of capital; and again
much of the work done is-bad
ly scattered. The company em
ploying a scout is paying him
to find prospects that will
justify some intensive devel
opment.
Too often the scout turns
down a prospect because there
is insufficient work done to
enable him to recommend it
to his company, or the price
and terms are all of proport
ion to the showing. It may be
true, as the prospector so oft
en states, that the engineer is
too conservative. The engineei
must be willing to take some
chances—the prospector has
taken his.
In addition to the above
mentioned reasons for failure
to sell more prospects, there
are many other contributing
factors that have to be con- j
sidered, such as transportat- ■
ion, power, water, markets |
and metal prices, character of
ore deposit, export and im
port duties, laws, etc., etc.
The organization looking for
new properties is carrying out
a definite business policy. It
is quite essential that the
prospector realizes that he
too is in business: the business
of finding supplies of raw ma
terial for the manufacturers.
When he does realize this and
makes a systematic effort to
carry on as a business man,
he will succeed where he now
fails.
If a fair price is put on the
prospect and the development
company permitted to carry
out some definite exploration
program before any cash is
paid, a long step toward the
aolution of this vexing problem
will have been made.
Of course the definition of
a “fair price” is difficult—the
prospector should not attempt
"o make a fortune out of every
deal, nor should the buyer
;ry to get the prospect for too
'ow a price; a reasonable at
titude on the part of both
aarties will usually result in a
"air compromise.
- -:-o
COMMUNITY PROGRESS.
Never before in its history
■ias Hyder been in such good
aosition to go forward in rap
d and substantial develop
nent as right now.
Mining development is pro
:eeding on an unprecedented
•cale; roads and trails are be
ng built to open every import
ant section. The stage is set
or a great industrial advance
nent and evidences are multi
alied that we are on the eve
>f a new era of progress and
arosperity.
But to do the things that
nust be done if the commun
ty is to progress along desir
able lines of commercial, in
lustrial and residential expan
sion and betterment, there
nust be no diminution of that
spirit of cooperation and will
ing effort on the part of a
considerable number of citi
zens which has been manifest
ed in all its past accomplish
ments.
Just as some men and women
of vision and civic conscious
ness have worked for the com
munal growth and progress
in the past, so should all of
the present day residents unite
in spirit and effort to carry
their good work on.
-o
THE STOCK OUTLOOK
The reaction which almost in
variably follows a “boom” has
resulted in a considerable de
preciation of local stocks on
the southern exchanges. In
most instances, shares have
returned to levels approximat
ing those obtaining prior to
the recent period of spectacu
lar activitiy, during which
many issues soared to un
precedented and often unwar
ranted heights.
It is noticeable, however, that
scarcely a single issue has re
ceded to figures as low as be
fore the inflation period,
while a majority are holding
at prices considerably above
those prevailing in Novem
ber and December; although
many weeks have passed since
the deflation period started.
This, is a sign that should be
noted by those who speculate
in mining shares. Stocks have
evidently “reached bottom”
and it is very probable that
until such time as the merit*
of the properties involved are
more conclusively demonstrat
ed but few of the local issues
will attain lower levels than
at present.
Just for Fun
A motor car with one horn
can toss a man farther than
a bull with two horns.
In China every soldier takes
his wife to war with him. It
may be a government plan to
keep the boys in a fighting
mood.
The difference between
learning to drive a car and
learning to play golf is that
when you learn to play golf
you don’t hit anything.
There’s one thing to be said
for capita] punishment. You
seldom hear of a man who has
been hanged committing an
other murder.
In this fire-eyed age of in
tolerance every man should
have the courage of his con
vulsions.
It has been our observation
that very little is ever accom
plished by fault-finding unless
you also have a remedy that
will work.
A presidential vacation doesn’t
have any more privacy than a
picture postcard.
We would like to know if
the photographer for the art
magazine gets a salary, too.
In the estimation of some
women a wife-beater isn’t half
so bad as a husband-vamper.
“Dad, I got larruped in school
today and its your fault.”
“How is that, son?”
“Remember when I asked you
how much a million dollars
was?”
“Sure, I remember.”
“Well, ’a helluva lot’ isn’t the
right answer.”
Having to swallow insults is
hard on a man’s digestion.
“Hypocrisy is trying to make
yourself believe that you don't
think you are better than you
know you are.”
Gladys—“Did you hear about
the girl that went riding and
enly got one shoe muddy?”
Bill—No, let’s hear it.
Gladys—Well, she reconsid
ered.
Puppy love is a doggone poor
excuse to get married on.
The world is getting better.
We saw a motion picture show
recently that did not end with
a kiss.
"I can’t get along with my
wife.”
“Why not?”
“All she does is ignore me.”
“Ignore yoa?”
“Yes, and if there’s anything
f dislike, its ignorance.”
What did they name girl
babies before they knew about
the name Betty?
Paint makes an old house
look newer, an old face older.
The late bird catches the
sleep.
A low moral aim oft will hit
the dollar mark.
Chamber
of
Commerce
Hyder, Alaska
-o
Reliable Information
Relative To
PORTLAND CANAL
MINING DISTRICT
Many persons are able to
beat opportunity knocking.
Money may get a man into
trouble, but it is usually more
helpful in getting him out.
Golfers and woodpeckers are
the only birds using then
heads to get into the hole.
And Goodness Knows How
Many Pages.
A new skyscraper in Detroit
will be known as the Book
Building. This name is appro
priate as it has eighty-five
floors which is a lot of stories.
Practice makes perfect. It
takes quite a lot of practice
to kiss like an amateur.
A bright little' girl is suing
her barber for breach of prom
ise because her permanent
wave straightened out after
six months.
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
CHAS. F. SANDFORD
NOTARY PUBLIC
HERALD OFFICE
John Hovland
MINING
Hyder, Ala so
The best way to find your
missing kinfolk is to get rich.
Ben Oien says the girl who
marries a millionaire has a
million reasons for so doing.
There’s much to be said for
the simple dignity of funda
mentalism, and we wish Adam
had named the Pullman cars
while naming the animals.
The teacher had been lectur
ing his pupils on famous pro
verbs.
“Now, take this one,” he said.
“’Out of sight, out of mind.’
Can any boy tell me what that
proverb means?”
“Yes, sir,” answered the
brightest boy in the class. “In
visible and insane.”
Helen—I fear I have made
a mistake .
Ruth—Why?
“Jack proposed in a taxicab.
The minute I accepted he paid
the fare and we got out and
walked.”
PROFESSIONAL
(Attorney at
JTgber, ^.laska
FRANK A. METCALF
CIVIL & MINING ENGINEER
II. S. MINERAL SURVEYOR
JUNEAU ALASKA
GEORGE 0. GRIGSRY
Attorney - at - Law
KETCHIKAN, ALASKA
Hyder Dock Co., Inc.
DEALERS IN
Coal, Hay and Grain
GIANT EXPLOSIVES
AGENTS: STANDARD OIL COMPANY.
NORTHLAND TRANSPORTATION CO.
HOLGER JOHNSON, Manager.
A. J. MAYER
P O BOX 123
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