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FRIDAY, MAY C, 1910.
THE CALUMET HEWS. Bit; Speaking of OXFORDS We've all the Good Styles that the best makers have produced. Surely your Spring Ox fords can he found here. MEN'S NEW STYLES Gun metal calf, tan, patent and vkl kid, and tho new gray col ored leather. The new two hole Ties are the iwellcutof the swell 13.50, 94, 5 LADIES' NEW STYLES Oxfords, Pumps and Tics, In an al most endlong variety of model and trimmings leather In pun metal pn tents and browns $2.50, $3, $3.50 si ,i PUMPS AND OXFORDS A In dulls, patents and tans. full line for children and misses, THE BEE HIVE SHOE STORE FIFTH STREET PHONE 390 CALUMET Mining News ! : i nil" r.l - 1 r I BUTTE BALAKLAVA. John A. rerclval, secretary of the Hutte-lialaklava Copper company, has returned from Hutte, where he hus been on a trip of inspection of the mine. lie Is very enthusiastic over the property and says that it is exceeding expectations as far as the extent of the mineral deposits and their average value are concerned. , "The production of copper was 457. 00 pounds and that of silver' 26.000 ounces at the Hutte-Halaklava mine In April." said Mr. Ferclvnl. "The nver nge returns from shipments for the. m.mth was $70" per car net. Our new hoist Is now In operation, but the April record was made with the old hoist, mid we are rather proud of It, for we did a large amount of development work In addition to producing what we did. The April record will bo doubled In May. The ore that was shipped to the smelter came from the develop ment work on the 800-foot level, where we are opening up the largest and best strike that has been made in the Hutte camp in several years. The vein In the west drift on that level was more than 30 fcot wide, and the footwall not yet reached, at last accounts. The vein Is first-class ore for the entire width. We have Just encountered the same ore body on the 900-foot level. We have done no stoping. and the ore that was shipped In April from development was not selected, but taken out and hoisted Just as It came from the drift." MINNEAR & CO'S GOSSIP. An authoritative statement Is made that the mines of Butte are running at full normal capacity and all attempts at curtailment have been abandoned. An official announcement has been made that the Hutte & Halak. will pay n dividend during the coming summer. The company is now outputtlng 300 tons of ore dally, including an nverage of 8 per cent copper. Tlte weakness of Ohio Copper has attracted a lot of attention. It sold ns high as 6 In 1907 and the present price 1 Is the lowest It has ever touched. The Issue has been subject to considerable trouble ever since Its In ception. Prominent among these Is the notoriety It Is receiving through the trial of the Perch loan case. The prop erty Is In pretty good condition and Is producing about 1,000.000 pounds of copper pPr month, and Insiders declare that the company Is turning out copper for 9i cents a pound. The concen trates from the Ohio mill nre shipped to the Gargfield smelter, which Is n Guggenheim plant, and which company "molts the ore and Bells the copper. The company Is checking against $200. M0 recently borrowed on "notes and 1400,000 more was offered but was re fused by the company because the rates demanded were too high. I'tah Consolidated completed a new "hnft which. It Is expected, will give It better access to Its ore bodies. PAINE, WEBBER & CO.'S GOSSIP. The output of CJreene-Cananca in April was 4.262,000 pounds; East Hutte, C40.000 pounds. Tne directors of the Qulncy Mining company wm meet In the next two or throe weeks to take action on the quar terly dividend, due for payment In June. The next dividend will probably be at an Increased rate. The company was fortunate In negotiating large Ies of copper several weeks ago be fore the recent decline started, re ceiving 13 cents for two months' output. At the present time the com pany Is producing at the rate of over 22,500,000 pounds of copper (refined) per annum, costing about 10 Vi cents. On 13-cent ropter CJulncy can earn about $550,000 net, or at the rate of $5 per share on Its 110,000 outstanding shares. The No. 3 shaft of the Hancock property is down' 2,350 feet and la sinking to reach the Qulncy lode where a copper formation of good commercial quality Is known to traverse the land of the company. Latest reports show underground workings to continue In first-class copper ground. Drifting Is In progress steadily at the various lev els down to the ICth level and a large size stock pile of good commercial copper rock is In evidence. A prominent consumer who has made the rounds of the leading copper sell ing agencies In New York states that he can find no copper for sale under 12 Vi cents and very little is being of fered even at that price, "The inclination Is there, but con sumers will not actually buy copper in quantity until they are fully assured that prices are on rock bottom," says one of the largest selling agencies' In the country. Its competitors state so far as they have been able to ascer tain the United Metals Helling Co. has made no recent sales In quantity with the result that unless they are booked farther ahead than other sellers they must be storing the metal to a consld erable extent. While Mr. Hroughton Is "holding the umbrella," the remain. Ing agencies nre taking advantage of whatever bids they receive and effect a trade when possible; apparently not so with the United Metals Selling Co. There is no fixed quotation for the metal at the moment. Sales of electro lytic have been made this week as low as 1212 cents cash and casting sold at 12 thirty days. Amalgamated inter ests were not the only ones displeased with the action f Calumet & Hecla several weeks ago In cutting Its price to 13 cents, yet It is quite apparent that some of the latter will soon be forced, if desirous of selling copper, to adopt the same method. Shaft A at the Old Dominion prop erty will probably bo closed a couple of days this week while repairs neces sitated 'by a cave-in are made, above the third level. President Amster of the Arizona Commercial Copper Co., who left for Hoston Tuesday morning, announces that the Eureka shaft will be "sunk 300 feet Teeper. and that drifting on the Ulackhawk vein 'will be continued east and west. The first churn drill hole on the Live Oak property has passed through 175 feet of chaleocite ore. The second hole will he drilled 400 feet west of the first one. The lofs of a lilt In No. 7 hole has delayed drilling at Oneco. The drill Is expected to strike the Oneco lode at an additional depth of 200 feet. The other drill will 'be moved eastward to start a vertical hole to cut the New Baltic lode. STOCKS The serious Ulnes of King Edward caused lower London prices all through the list thU morning and the opening here was slightly off from last night's close. No extensive li quidation appeared, however, ad later In the day all classes of stocks ral lied. The general situation remain un changed and wo think money can be made by welling on the rallies as the general trend of prices still seems to bo downward. Foster to l'alne, Web ber & Co. Cay & SturglS says: ' Hoston, Mass., May 6. The market Improved shortly after the opening and worked up in some cases to above the close of last night, hut did not have at any time a healthy look. Real liquidation set In and prices melted away In a most discouraging manner. North Hutte nnd Lake which have Ibeen sagging sold off In sym pathy much to the disgust of the trad ers who have felt that When the New York market rallied these two stocks would be the leaders. Hero In Hoston there was no special Interest and com mission business Is almost at a stand still. The .public are In a very pessi mistic mood but It would seem with the tremendous liquidation we have had that the sign of profits In tho short side would be comparatively small from this level. R. Linzee Hall. BOSTON STOCKS. (Paine, Wtbber ana Co.) Bid. Asked The question of establishing an old age pension fund is being considered by several of the big international un Ions. The old age pension fund of the International Typographical union has been raised to $218,000. News want ads bring results'. THE COPPER RANGE LIMITED New Observation Cafe Car and Through Sleeping Car Service ' Between. CHICAGO, MILWAUKEE ind THE COPPER COUNTRY OF UPPER MICHIGAN VIA COPPER RANGE RAILROAD IN CONNECTION WITH THE CHIC AGO, MILWAUKEE & ST. PAUL RY. drawing-room electric lighted sleeping cars between Chlcago- Vestibuled M'lWauken nr,,1 .v.- ,.,, supper country. Observmlnn . 1 .1 folnmrt .cmw rar eievinc ugnica uciwcen uumiiug n,i fervid a la Carte. S Meals tee That Your Tickets Read via Copper Range Railroad e r5ct Passenger Service 1 n Northern Michigan. F. R. BOLLES, GEO. WILLIAMS, VJ' penger Agent Dv P"nfl,p Afl- . M'uahten, Mloh. Calumet, Mich. Arn"l Adventure . . ; . . . , .51; Allouez 40 Arcadian Atlantic , 6 Ariz. Com 14 Boston Cor. ..; 10 C. & A. 58 C & II 573Bld Centennial 15 Coalition 181,4 Copper Range 63 Daly West 8V4 Erwt Hutte 7 Franklin 11! Groux 74 Ornnby Greene Can 8 Hancock 17 Indiana 16,i Isle Royale . . 13 v; Kerr Lake 8,J Keweenaw 36 Lake , , 514 La Salle 11 '4 Mass ey, Miami , 21Va Michigan K' Mohawk . .' 47 Nevada Cons ,. 18 Nipisslng . , .... 994 North Hutte 31 North Lake KHi OJlbway 6tf Old Horn 33 Osceola 133 Parrot '.13 Qulncy 76 Ray Cons 16 Shannon . 10 S. & II. " 9' Sup. & Pitts 11 Pup. Copper 39 M Tamarack i Trinity rU Utah Copper ,. . AV!J V- S. M 40'. Utah Cons 20H Victoria 2 Winona Wyandot Wolverine no NEW YORK STOCKS. 66 5 4 Hi ' 5 ' 7 . 13 11 39 17 18 C6 914 7 '4 1P4 7 42 8- 1714 16 13 8 K 52 11 Vj 6 21 4 4S 18 10 31 V 10 6Vj 33 134 14 76 Vi 174 10 10 11 40 494 5 42 404 2014 3 7 1 315 OnlyjGIoved Hands Pickky t Ills 'Sunkist" Oranges We use great core in picking the famous "SUNKIST ORANGES. Each "SUNKIST" ORANGE is nlckeJ from the tree ond packed in the box bv a gloved hand. No' orange that falls to the rrouna is pac'icd under the "SUNKIST" label. "Sunkist" Navel Oranges Are Seedless We grow 600 of all the California oranges. Tlirre fourths of all the lemons. Mo$t cf them era snM in Ivilk but the choicest sclcclioni of this crrenf mmniiiu nr.. ,. orJ ff in the "SUNKIST" label, so that it you would be. sure that yoq get the choicest pick, insist upon the "SUNKIST." Beautiful Orantie Spoon FREE Some dealers may claim the oranges they sell ere tha famous "SUNKIST." but that they have removed fhr wm-i. per. , Insist on your dealer giving you oranges and lemons TJ in the - SUNKIST' f wrapper. If you do this we will give : j you a beautiful orange spoon one of Rogers' best standard iL1 AA quality. Just send us twelve SUNKIST" oranoa or lemon wrappers, with six 2c stamps to pay postage, L .packing, etc., and receive one of these beautiful I . ! ti spoons Dy return man. The choicest quality of lemons also go under the oUINfvlol label. I ou can easily se cure a whole dozn of these beautiful orange spoons. Get a dozen "SUN KIST" oranges or lemons today. Send to California Fruit Growers' Exchange (j) 31 Clark Street, Chicago, III. Til m UtrA should do better in the Gay and Stur?l furnish the follow, tig New York quotations: Anaconda B. & O B. R. T Canadian Taclflc C. & O Cons. Oas Colorado Fuel . . Erie O.. Illinois Central M. K. & T. . N. Y. Contrs Nor. Pacific Penna Reading .... St. So. Union Pacific . IT. S. Steel Wahash pfd. . Western Union Open Clo .. 65 65 .. CS 58 40 ..108 108 ..108 1084 ..78 78 ..184 183 .. 83 85 ..135 133 38 .. 28 28 ..133 132 133 .. 47 47 .. 41 40, .119 119 .128 128 .131 130 .157 156 . 43 43 .138 138 . 78' 76 .124 124 .117 117 .180 179 . 82 81 . 43' 42 . 68 68 j Issues which near future. ' ; J. A. MInnear &. '.Co,) ' PId Arizona &; Michigan .v,35 Ahmeek . 170" Hutte & Superior 1 Hutte Buluk. 1 9 Cherokee . . . . . . 5 Mangaa '. 4 Chemung . ".. .. ''9 Chief Con 1 Col. Cons 50 Cordovla Cortez 2 Chlno 10 Calumet & Corbln 70 Calumet & Montana 95 Corbin Copper 6 Cactus 2 Davis Daly 1 Denn Arizona 2 East Hutte 7 Ely Central ... ' 75 First National' Mining ... '2 Ooldfleld Cons' '. . ' 7 Gila '.. ; 6 GIroux ...:. :i '.!. '? Greene Cananea ..i'.V '8 Ilomestake 85 Hermina . .40 Helvetla'.T.T.V.' . . ."".'. . . ' Hancock 1 J7 . Indiana .v.". ......... 16 Inspiration . .li . . . t; ..h6 Keweenaw; kVi-S ..).. ,3 Kerr Lakei.i j. . . . u; . .v. . 18 Keating .:....;;.. . ii.u l La Rose 4 , Lake Copper 1 L. S. & A. 1 Live Oak . ,f . IS Miami ...... . 21 Montana Clinton ..15 National... .33 New Keystone 3 Bohemia . .6 New Baltic G Nlplsslng- P3i North Lake 10 OJibway 6 Oneco 2 Ray Cons 17 Sierra 3 . Shattuck 25 Santa Rosalia 70 Superior & Globe . . .35 Superior & Hoston 9 Superior & Pittsburg" .. . . 10' South Columbus 6 South Lake 4 Tonopah ,7 Warrior 0 Wolverine & Arizona ....... Yuma .45 180 1 10 10 1 .55 1 2 10 .75 .99 6 2 2 , 2 7 .85 2 8 5 7 8 83 .50 ' 2 l"i 17 7 ' 4 8 1 4 61 1 18 21 .20 .40 3 7 C 10 10 6 2 17 3 26 .SO .40 10 12 8 5 7 11 .80 GAY & STURGIS GOSSIP. UNLISTED STOCKS. J. A. MInnear & Co. nay today: The announcement that King Ed. ward of England was qulto seriously ill was taken as the excuse to open the New York market today at a much lower range of quotations. Follow ing the decline of' from to 1 points, the New York list atadid somewhat, although It was none tw strong at the close. Copper stocks continued to (he uneasy due to the un favorable condition of the metal mar ket. Calumet A Arizona was off a point. We hear some good news of Atlantic and It looks as though It might sell .blgher tomorrow. There were few change of Importance In the 'oalance of the Hoston list. Curb trading -was Attended iwlth (slightly better ciuotation.4. Santa Rosalia of ferings at 70 cents have been cleaned up. Corbln Copper was 4ld up to $8 on the report rtf favorable milling re sults. There are a number of trade Calumet, Mich., May 6. The market! factor today wua the serious Il'ness of King Edward nnd the foreign selling of American securities In consequence thereof. London prices were lower at ' the opening and ihere were a series of ral lies followed by reactions dr.riny the entire session. There wes a lack cf demand for copper stooKS and little lntcre; man ifested by tho public. Until something happens In the metal market, either it has the anticipated break, or aUns of a better de:aand Is seen, the present uneasiness v.ill prob ably contiaiu and public Interest will be at low ebb. New York, May 6. Further an nouncement of the placing, of our bonds abroad made after the close yes terday, caused a good deal of bullish talk. Reports were again current that the total amount of bonds to Ibe placed abroad would approximate $150,000, 000. Tills cannot be confirmed, but I think It I gnfe to figure on 1100,000.- 000 which of course, means for the time being the end of gold exports. It alo means the placing of equipment orders by the railroads, and hence the treet is fretting bullish stgaln on steel and on the equipment shares. The market had a pretty sharp ral ly yesterday,' which was very largely on shqrt covering nnd the technical position Is not o good today as It was several days ngo. London prices have come over away wn this n. m. for no apparent rea son beyond the reported gcrlous Ill ness of King Edward. Just why this should effect our Am erican stocks to such an extent. I do not see, but It doos tdiow the extreme ly unsettled condition of this market, which, I 'think. Is apt to continue for some . little tlmo although think, probably during the next week or two the side best money will be made In long of the market. J. W. Prentiss. ENDOWMENT CO. INSOLVENT. Chicago, May 6. On representations that the United States Life Endow ment conqmny is totally Insolven; that concern was placed In the hands cf the Central Trust company of Illinois, s receiver today. The company hj.s $11, 000 000 outstanding In Insurance poll tics and It is alleged its total assets fall below the reserve requirements. TESTIFY IN LORIMER CASE. Chicago, 111.. May C. Seven Illinois legislators, whose testimony bears on the election of Senator Lorimer, ap peared before the special grand Jury here today. They were: II. J. C. Heckenieyer. W. O. Hlalr, Daniel I). Donahue, Joseph II. Clark, Heirry A. Shephard. Michael S. Link and Chas. A. White. MOTHERS' CONGRESS ADJOL RNS. Rockford, III., May 6. The lll'nois congress of mothers adjourned toJ: y after electing a full, set of ..filers, headed by Mrs. L. K. Glllson of U'il mette, as president. Acute Heart Trouble. ."Yes. I remember him," said Alkali Ike "lie died very sudden." "Heart disease?" asked the eastern tourist. "Waal, now, I don't know as you kin ray It was the heart any more'n the club, spade or diamond. Anyway, he dealt himself four aces." Philadel phia Press. An Exception. Pinks "Here is somebody who says that no woman Is a suffragist unless she has a grouch on some man." Sinks "That's queer. My wife Isu't a suffragist." DRY -CLEAHING-1 Your Spring Suit or Overcoat cun be worn another year if sent to us to be cleaned and pressed. Our cleaning depart ment In the hands of experts. Every garment we turn out is In perfect condition. OUR WAGON CALLS EVERYWHERE PHONE 640 Calumet Dry Cleaning and Dye Works Established ISSO Paine, Webb err & o. Members New York Stock Exchange " Boston Stock UxchanQe " JVcw York Cotton Exchange " Chicago Board of Trade Duiuth Stock Exchange cunn stocks civnx snncinL arrnxTiox im vara wuta to 'all mtiuiozts Galumct OfficePaine Webber Building M. J. O'BRIEJV. lies. Mgr. Tclcpiioncs-826, 827 and 828 The Market at a Glance ILLNESS OF KING EDWARD CAUSED SHARP BREAK IN STOCKS AT OPENING. UNEASINESS NOTED THROUGHOUT NEW YORK LIST. COPPER SHARES FAIRLY ACTIVE THOUGH OFF SLIGHTLY. BUYING OF CORBIN COPPER, CHIEF AND SUPERIOR & BOSTON GOOD TODAY. J. A. MINNHAR & CO., Brokers CALUMET. MICH. LAURIUM. MICH. PRIVATE TELEPHONE EXCHANGE 101 Milk St., Boston, Mass 9- Members of The Boston Stock Exchange DEALERS IN Bonds and Stocks, Listed and Unlisted Our facilities for handling your stock business Is unsurpassed. Direct private wire to Boston, Duiuth and Houghton. Also direct connection with Hornblower & Weeks, members af tho New York Stock Exchange, with ofllces at Chicago and Detroit. OFFICE P. W. GRIERSON, Mgr. . ! . IFTH ST. PHONES 813 AND M4 A. TENNYSON PRYOR WARD B SMITH Phones 818 and 819 South PRYOR & SMITH BROKERS 37 Isic Royale St.. Houghton. Mich. New York Direct Private wires to Boston and Stock Exchanges WM. DUFFNEY, Manager CURB MINING ISSUES A SPECIALTY Reliable Information from Competent Mining Engineers and Corree fondants in the Various Mining Camps at the Disposal of Ojr Clients. 32221 A Damaging Confession When a woman says, 'Thank Heaven, I'm through with my Spring 'house-cleaning" she makes n tniortlfying confession. What excuse does she offer? Why do this thing only once or twice a year? ttecause of the confusion, the misery, the worry It causes. "House-cleaning time!" Who does net shudder to think of it. Let us relieve you of this mis ery by doing your spring clean ing with our new "DUNTLEY VACUUM CLEANER" It pucks every jmrtlcle of du!t from your carets, rug", furni ture, walls, draperies, etc.. with out the slightest Injury to the nioxt delicate fabrics. Rates rea sonable. Phone us. The Lauriom Upholstering and Dry Cleaning Works Cer. 3rd . Kearaaroe St, LauHum 604 Qulncy St., Mancek 28 CALUMET STATE BANK Capital $100,000 Surplus $30,000 OFFICERS THOMAS HOATSCN, President. EDWARD ULSETH, Vice Pr,id'ent. . J. W. SELDEN, 2nd Vice Pretident. F. J. KOHLHAAS, Cashier. WALTER EDWARDS, Asst. Cashier. INTEREST PAID ON SAVINGS DEPOSITS l..gLJinaear?FB- i . . .1. , ,,.t..n As You Gut Into The Steak yU buy here, the generous Juice and the appetizing odor will fairly make your mouth water. Kven the most tabid vegetarian could hardly resist It. This market is noted for Its choice meats. Give us a trial order and note hi'w tender our meats nre. Tiny won't cost you uny more either. W. J. REYNOLDS XAtTRIUM Phone 102. ft WE GUARANTEE wlitan CORN REMEDY" To remove that painful corn of yours. METROPOLITAN PHARMACY CALUMET DRUG COMPANY CORNER OAK AND FIFTH STREETS I n