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Albertsons Library Digital Collections

p15948coll13

About this collection

 

Letters and other documents received by Henry K. Doll, of Scranton, Pennsylvania, from officers of the Banner Mining and Milling Company relating to his investment in and operations of the Banner Mine in Silver City, Idaho. View the Finding Aid. For a quick summary, view Todd Cagwin's biographical note.

The majority of the letters are written from Peter Steele, president of Banner. In his letters Steele details the challenges of operating a mine and mill in Silver City. From 1912 to 1923, the mine experiences a list of problems and catastrophes that stop work, and the miners rarely find a significant deposit of silver ore. Steele spends most of his time seeking investors to buy stock and bonds to finance mining operations. This timeline demonstrates the ups and downs the mining company experienced from 1912 to 1923.

Timeline of events

  • 1912: annual report
  • 1913: old compressor cannot power drill
  • 1913: unpaid power bill
  • 1914: cave in
  • 1915: paid taxes and stockpile of ore
  • 1915: frozen water
  • 1915: August Grete resigns
  • 1916: the mine has never looked better
  • 1916: flooded mine
  • 1917: workers want more wages
  • 1918: gold and quick silver
  • 1919: snow slide destroys mill
  • 1922: boosters try to raise money
  • 1923: stock prices drop to 1 cent per share
 
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