dYDLR WdtKL i HLRALD
{
Published Every Monday *
Application mMe for entry at the post office at Hyder, Al
aska, as secono ass matter. un'W the Act .of March 8,
ld7i>._ ,_.
Chas. F. Sandford...— Editor’
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_______ — ________
DOES MINING PAY?
A mining enterprise that rep
I resents a profit of over thirty
I three thousand per cent, has
paid' over sixty-two times its
capital in dividends, is now
quoted on a public stock ex
change at seventy-two times
its par value and commands
a selling price one hundred
and eighty times the the fig
ure at which it was originally
offered thirty-five years ago,
may not he an everyday occur
rence, but the fact that one
exists shows how generously
mining ventures sometimes re
turn the capital put into them,
where great orebodies, good
| business methods and some
luck are judiciously mixed.
The original “innocent invest
or,’’ protected in California
from such distressing fate by
Corporation Commissioners,
Better Business Bureaus, In
vestment Bankers (who, by
the by, are no more bankers
than you are) and other what
not busybody saviors of imbe
cilily, has already received
15.500 per cent in dividends
from his investment and car
sell out at a moment’s notic<
for another 13,000 per cent
making a total of 33,500 per
'cent as a reward for his as
sininity in listening to the
siren song of the promoter.
It is an undeniable fact that
“ unscrupulous promoters, ”
represented in Spokane own
ers who believed they wen
reasonably honest, “unloaded’
their stock in early days upon
“innocent investors” of tht
Eas4, principally from Milwau
kee, and thus received foi
their great patrimony a Veri
table mess ef pottage. Many t
millionaire has been made bj
Hecla stock and many anothe;
easterner is enjoying a fine in
come from a few hundred dol
lars invested in ten-cent stock
thirty-five years ago. Now and
then some of them pass thru
Spokane in Pullman cars to
glance with pity fct the Spo
kaneite who thought he was
“handing them something”
years ago.
Hecla has just paid its third
quarterly dividend of $500,
000, bringing disbursements
for this year to $1,500,000, or
six times its total capitalizat
ion. The grand total of divi
dends is now $15,605,000, or
32.42 times its capitalization.
Present quotation on the New
York Curb is around $18 per
share. Thirty-five years ago
t was dragged and hawked
around the streets of Spokane,
Wallace and other Northwest
ities at ten cents per share, ai
vhich it was a drug upon the
market.
Altogether, Hecla is from
aany angles one of the out
.tanding mining enterprises of
he world. If it were starting
ievelopment in these days,
nstead of thirty-five years
go, it would doubtless be
’.enied a permit to seek capital
n California and its promters
.vould be classed as undesir
ables. Its history shows that
one may look into the ground, i
Ithough some political creat
es arrogate to themselves!
hat gift. It also proves that
Corporation Commissioners
nd other statutory monstrosi
es may as often prevent
heir wards from becoming
^dependent as from being
obbed.—Exchange.
■o
ALL CAN HELP.
Business is after all a recipro
•J matter. Stores are not
'one for the merchants who
wn them nor are they only
•r the people who trade with
hem. Without the other the
merchant cannot sell and the
■ stomers cannot buy. And
asoning in the negative, if
ie merchant does not satify
he customer, the customer
•ill trade elsewhere, and if
Corner trades elsewhere the
erchant is deprived of the
opportunity of striving to satis
fy the customer.
By trading at home with the
home town merchants the
people of-Hyder become the
architects of their own busi
ness places. They create the
demand and the home town
merchant, assured of the de
mand, does not fail in meeting
it.
Every citizen of Hyder is in
terested in the growth and
improvement of the commun
ity, but many of those who
trade out-of-town do not rea
lize that community improve
ments. begin with the improve
ment of its business. The busi
ness of a town or city is its
life-blood. Knowing this no
citizen should stunt the natur
al and deserving expansion of
his home town while fostering
that of another community
and its business.
If it must, be done in a spirit
of selfishness, don’t buy at
home to help the merchant
but to help the home commun
ity and yourself. Thrust your
business upon the local mer
chants and force them to pros
per, that they, prospering, will
make the community prosper
and bring more prospering
merchants and buyers into
town to increase competition
and through competition re
duce prices, and increase qual
ity and stocks to choose from.
Just for Fun
Is your load too heavy? It
may be lightened by helping a
brother tote his.
Hubert says before taking
any girl on a petting party a
fellow ought to make sure
she’s warm enough.
Bellhop ,to newly ushered-in
guest): Anything I can do
for you?
The Wise Guy: No, thanks
I’ve got some in my suitcase.
The biggest mistake many
fellows make, says the Blue
berry Kid, is holding a girl on
their lap before they’re able
to support her!
They are happily married,
says Dale, if they can get over
an argument the same day it
starts.
Farmerette: I want a file, a
pint of paint, some powder, a
washer and some hose.
Hardware Clerk: Sorry, miss,
this ain't no beauty parlor.
APPROPRIATE
His sister called him Willie,
His mother called him Will,
But when he went to college,
To dad it was just plain BILL:
Knowledge may be gained
from books but not wisdom.
When some men show their
colors you can see only yellow
streaks, according to Dave
Allan.
The famous criminal lawyer
had won a shockingly bad
case by eloquence and trick
ery, and a rival lawyer said
to him bitterly: “Is there any
case so low, so foul, so vilely
crooked and shameful that
/ou'd refuse it?”,
“Well, I don’t know,” ans
wered the other with a smile,
“What have you been doing
now?”
! Knowledge and wisdom may
! be related but its no more than
j an in-law relation.
! At present .prices, the advice
! of an apple a day was not a
1 windfall.
i
The man who is contented
with his lot usually lets weeds
flourish on it.
They gave Socrates hemlock
to drink. Moonshine hadn’t
been invented then.
The only time some folks’
minds are not on vacation is
i two weeks out of 52.
A writer says that $800 a
vear is enough for a family of
three to live on. This is too
' much!
S It must be remembered, you
know, that orthodox folk in
Christ’s time objected to the
! way He acted on the Sabbath.
I
Many a man thinks he has
an inspiration to work, as long
as it is not the kind that pro
duces perspiration.
There is no sign that anyone
is ever going to be able to in
vent a tire patch that will
keep air in over-inflation.
Another sterling instance of
inverse ratio is the sense some
men put into their businesses
■;nd their love-letterrs.
The story is told of an
editor who recently wrote a
“puff” for the belle of the
ball, saying, “Her dainty feet
were incased in shoes that
might have been taken for
fairy boots,” but the blundei
ing compositor made it read:
“Her dirty feet were incased
| in shoes that might have been
i taken for ferry-boats.”
“
Wife:—“You seem to be
! able .to read me like a book.”
Husband:—“Yes, I wish I
, sould shut you up as easily.”
_
i
i A near sighted man lost his
; hat in a strong wind. He gave
I chase. A woman screamed
from a nearby farmhouse:
“What are you doing there?”
| ‘Getting my hat,” he replied.
“Your hat,” exclaimed the
woman. "That’s our little
black hen your’re chasing.”
I
i Jimmy:—“Rising nicely, ain’t
1 h» mamma?”
Mother:—“Jimmy! What on
earth have you been doing to
Fi o'? ”
i Jimmy:—“He’s just e’t three
yeast cakes and drank a pan
*.f sour milk.”
Young Hopeful:—“What did
papa mean when he said to
Jiat man—“You’ve got a gooa
figure.”
Doting Mamma:—“He got a
good price for some land no
old, my dear.”
Yobng Hopeful (innocently;.
'Mamma, has the servant girl
been selling jjome land, too?
Husband:'You accuse me o:
reckless extravagance. Whci
did I ever make a useless pur
chase?
Wife: Why, there’s that fin
extinguisher you bought a yea
ago. We’ve never used it once
Chamber
of
Commerce
Hyder, Alaska
Reliable Information
Relative To
PORTLAND CANAL
MINING DISTRICT
L
The principal of a school for
girls had occasion to speak
sharply to one of the pupils
recently.
: “Marion,” he said sternly.
“You’ve neglected your work
' shamefully, and you must re
main with me an hour aftei
school.”
Marion shrugged her thin
little shoulders. “Well Mx.
Watts,” ?he said, “ if youi
wife don’t friind, I’m sure 1
don’t.”
John Hovland
Assay Office
Hyder, Alaska
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
JVttorneg at ^Eaui
jEtgber, ^.laska
HYDEK FUEL CO.
DEALERS IN
WOOD, COAL, HAY and GRAIN
GIANT POWDER AND EVERYTHING NECESSARY
t-§ FOR BLASTING §-+
Hauling and Storage —o— General Dock Agents
PREMIER AVE. NEAR FIRST
P BURNS & CO., LTD.
WE SELL ONLY GOVERNMENT INSPECTED
FRESH KILLED NEATS
SOLE AGENTS FOR BARTON’S CIRCLE W.
HAMS AND BACONS
Fresh Butter A Eggs Pure Lard & No. 1 Poultry
TRY OUR SUGAR C URED PICNIC HAMS
BEEF IS YOUR CHEAPES T FOOD; EAT MORE OF IT
A. J. MAYER p o BOX 1?T
...HYDER MACHINE SHOP...
HYDER (iARAGK
f’l-’mh.n' Steamfitting Black-smithing General Repurv
Authorized Ford Agent
Genuine Ford Parts
\C.r,NT« ^ 1 ,r
ENGf NF> f>y ’ ‘ VFPY
HYDER
ALASKA
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i NEW BUSINESS FOR HYDERll
WE ARE INSTALLING AN UPTODATE PLANT
FOR THE MANUFACTURE OF
RUBBER STAMPS
ALSO A LINE OF DATERS, STAMP PADS, INKS
AND ACCESSORIES.
Every Modern Business Need. Rubber Stamps
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