The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-07-17
IDAHO SILVER MINES
GET MUCH ATTENTION
CoEUR DALENE MINING MEN TO
JOIN IN PROTECTING THE
PRICE OF SILVER.

Ravenal Macbeth, secretary of the
Idaho Mining association, has been in
the city for the past week or more
comforting with the mine operators of
the district on matters pertaining to
the mining industry that come within
the scope of the association. one of
these is the cooperation of the Occur
d'Alene mining companies with other
large producers of silver for the pur-
pose of controlling the price Of the
metal 1t was announced several
weeks ago that this matter had been
taken up by the Anaconda company,
the American Smelling & Refining
company, the U. S. Smelling company
and other large silver producers in
the west who took up the matter with
Mr. Macbeth with the view to enlist
ing the support of the Coeur d'Alene
operators, who in the aggregate are
large producers of silver, in normal
times around 100000 ounces annu-
ally. The point is that while the Unit =
ed States is the worlds greatest sill =
yer producer, the price for which the
metal Is sold is fixed in London In
order to overcome this disadvantage
and enable American silver producers
t. determine the price it is proposed
that they effect an organization some-
thing after the plan adopted by the
copper producers which will enable
them to stabilize the market and fix
the price of silver Independent OF
London. Mr. Macbeth states that he
finds the Coeur d'Alene operators
heartily in accord with this plan Mr.
Macbeth is also giving his attention
to other matters of interest to the in :
dustry in Idaho, and expects to remain
in the northern part of the state for
probably two months visiting various
sections with the view to keeping in
close touch with mining conditions.
South and Central Idaho.
In contrast with the situation in the
Occur d'Alene district, Mr.. Macbeth
states that there is more mining ac-
tivity in south and central Idaho than
there has been for years. This is ex-
planned in the high price of silver
This applies particularly to Custer,
Lemhi and Blaine counties, where old
silver properties, long idle on account
of the low price which made profits
in OF
course these activities do not repre-
sent large operations such as prevail
here, but are nevertheless unmistak
able evidences Of restoring the mining
which promise to grow to point OF
Importance that may eventually rival
the Occur d'Alenes In Lemhi county
around Gilmore and Leadore, Mr.
Macbeth says, much attention is being
given to lead silver deposits where
the geological conditions are some
what similar to this district Severa
strong companies from Butte and Salt
Lake have recently acquired property
in that section, which insures ample
capital to develop them on a large
scale.
The Stanley basin district in Custer
county, Mr.. Macbeth says, is receiv
ing much attention, while down ir
Owyhee county the old Delamar mine
a famous silver producer 25 years ago
has recently been purchased by {
syndicate and will soon be actv,
again.
Looking for Silver Mines.
Another significant fact in connec
tion with the revival of mining in tn,
southern and central part of the state
said Mr.. Macbeth, Is the presence II
all the mining counties of engineer
looking for silver mines, developed o
undeveloped. They represent larg
mining concerns who evidently recog
nize that silver has come back to sta.
and that Idaho presents most prom
Using field for investment. AS furthe
evidence of the attention this state /
attracting from large mining concerns
Mr.. Macbeth stated that in one da,
he met in Boise the representatives o
three large and widely known minin
companies who were looking for sive
lmines In Idaho.