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FHIC-AY, JUNE '17, 1310.
THE CALUMET NEWS. Your Summer Shoes M. ? ? t ? t y f Y V y ? y y I 0 OXFORDS AND PUMPS Can surely .bo foun.l hero, whether it Is for man. woman or chill. We have tho assortment of tans, dulls or patents every K.od stylo. GRADUATION FOOTWEAR Wo have inndu special prop, aratluna for this event and you will, ax usually, Und the riht sort of Footwear here. Pumps. Ox fords or Dress Shoes for boys and giila-$Z, $2.50, up to $4 nnaron rump uxiorde and the new Human Sandals, nil aUes, pgr a x x x X X x y I mainly to room traders. Iooks like It Is developing Into a trader' market. Kan und Uryati to Paine, Webber & Co. Gay and Sturgla furmth the follow Ing New York quotations: Open Dring you feet mm $1.25. $1.50. $2. $2.50 jMp X t to ut) to be eorreetly lltted. $ i THE BEE HIVE SHOE STORE FIFTH STREET PHONE 390 CALUMET ' 4 i Mi ining News MINN EAR . CO.'S GOSSIP. Kay Central la about to beln ac tive operations of tho llrst unit of Its mill. New financing for tho Chemung Cop jkt company appears probable beforo the end of the current year. The com pany is doing ISO feet of work a year and still has $100,000 cash. Active work on tho Mason Valley miiilter started last Wednesday. In spite of Its treasury and other us sets Hutte Coalition seems to be let drift with the tide. Its cheap at these price.'.. With the installation of tho new ma chinery ordered for ltke the company will bo able to make better progress than at tho present time. The United M'ctars Welling company was recently offered 12 for a block i( between' 10.000,000 and 1.1,000,000 pounds of copper. Tho offer was not accepted which would seem to Indi cate that little copper is being snltt iiround 12', a.s reported. Speculators are bringing heavy pressure to bear on the eopvr market in order to depress foreign prices and are making predic tions that copper will sell below 12 cents a ipound before the close of the year. It Is estimated that through econo mies lluttc Coalition will produce cop per at 8', cents a pound during the current year as against 11 cents last year. It Is reported in rellablo quartet.-) that the No. 8 drill of North Lake has struck the Indiana lode. This is not tl finite, but the drill has struck some lode and it is supposed to be the In diana. Iiosdon and Corhin ore taken from the latest openings In tho 700-foot level upraise assays 5.6 percent copper, 19.5 ounces of silver and $1.60 in gold. During May, Superior shipped a lit tle more than 9,000 tons of rock and produced 376,000 (pounds of mineral, or liettcr than 40 pounds per ton. This mineral averaged about 6S per eent copper Ko that the refined copper yield v;m about ir.".S00 pounds of refined copper, or 27.8 pounds of copper per ton of rock. Unite & llalk. ores now return 230 pounds of copper and 20 ounces of sll r per ton. Shipments a vera go 100 '"lis dally. This will be raised to be tween 400 and r00 tons daily as soon metal conditions warrant. PAINE, WEDBER & CO.'S GOSSIP. The imtte & Halaklava Copper Co. has entered Into a favorable pmeltlng Hrrangomcnt with the smelting depart ment of the East Ilutte company nnd as soon ns the metal market will war font will Increase its shipments to be tween 400 and 500 tons of ore a day. The ore now being sent to the smelter at the rate of about 100 tons a day av erages about 230 pounds of copper to lie ton of ore and nearly 20 ounces of silver. An assay taken of ore from the 700 foot level upraise at the Doston & Cor- bin shows 19.5 ounces of silver, $ 1.G0 in gold and 5.6 per cent copper. Calumet & Arizona output for May: llishcc, 1.1KS tons; Courtland, 101 tons Superior & Pittsburg: ltlister copper, 1.138 tons. North Lake's drill No. 8 has passed through a 70-foot bed of copper of markedly similar to the tire body re cently disclosed by trenches of Algo- mah property. I'.oth ore bodies are a black oxide of copper carrying some chalcolite or glance anil considerable chrysocolla. An assay made of differ ent parts of the drill core shows lVa per cent to 4',i per cent copper with an average of about 2 Ms per cent. The disclosure was made between 450 and 610 feet from surface, 'liorlnss In No, 8 drill hole below this depth reveal a felsclte bed about 150 feet tfTick though barren of copper and following this 130 feet of copper bearing fclsicitc of low grade. These bods are thought to be Identical with the fclsicitc bed en countered in Indiana's No. 2 hole earl ier In the year, which yielded the sen national ore reported at that time. Algomah has started its shaft, being down about four feet. The oro that they are throw ing out is apparently as l loll as the samples shipped to Huston although there Is some nanguo mixed with It which will bring down the per contago if it Is left uncollected. Sup J. J. Welsh of the Mason Valley mine at Mason, Nevada, visited Algomah yesterday and was much Impressed with its richness and its resemblance to western oris. The road from the Copper Range railroad Into the location Is nearly cut so that much can be hauled in the next week, but it will take a month to get the pipe laid for t.olIcr feed water and start si-am drilling. In the meanwhile the shaft will go down with hammer and drill. A survey for the Copper Range road will be made also to the Algomah shaft although it is not positive the track will bo laid this summer. The Hut to l'.alak. annual report shows receipts from ore shipped to Pittsmont and Washoe smelters dur ing last two or three months of $11. 55S. Tho operating expenses for the whole year were $1S,40X, a net loss of $56,039. The ore yielded $21.50 per ton, the highest return from any re in P.utte, notwithstanding smelter charges at Pittsmont are $5.50 per ton. During year the company spent $76, 500 for labor, $20,000 for machinery, $26,704 for supplies and $16,000 for other improvements. WOULD EDUCATE AS WELL AS PREACH TO HEATHENS NEW YORK STOCKS. Amalgamated .. 63V4 Anaconda 40 Vi Atchison 104 Vi n. & o , niVj II. R. T 78 an. Pacific 19314 C. &() 8 Pi ons. Jas 136 Colo. Fuel 34 Kric, 27 (St cat Northern pfd 130 Ill's Central 133 1 4. & N 143 locomotive A2 Mo. PaciJle 66Vi M. K. & T 38 N. Y. Central 116 Nor. Pacific 124V4 Pei-na 131 Reading 153 Rock Island 40 St. Paul 12fiW Smelters 75 So. Pacific 120 So. Railway 24 Sugar 116 Steel Pfd .115 Tenn. Copper 25 Union Pacific 172 U. S. Steel 77 Wabash Pfd 42 Western Union. 63 STOCKS New York. June 17. There was the same general llstlcssness atid lack of Interest during today's session on the New York Stock Exchange that has been noticed for the past few days. The market held strong- but price changes were within narrow limits, sales being loss than 100,000 for the first hour's trading. Wliat littlo busi ness was transacted was confined Excursion Fares COPPER RANGE RAILROAD iKttTO.V, MASS.. July 2-8, National Educator's Association. DIONVHU, COLORADO. July 19-22. National Dental Association. DETROIT, MICHIGAN, July 11-17 Crand Lodge order of Elks. IRON MOUNTAIN. MICHIGAN. July 20-21-22. Sons of St. George Reunion. LOS ANGELES. CALIFORNIA. July 11-16. American Institution of Homeopathy. OMAHA. NKItKASKA. July,18-20.Natlnal Association of Adver tising Clubs. PORTLAND, ORI5GON. July 19. Ancient Order of Hibernians OMAHA. NKHItASKA. July 20-23. Saenglbund of the Northwest. HARATOOA. 8PRINGS. NEW YORK. July 7-lO.Uaptlst Young Peoples Reunion. QUNUIoa, July 12-19, St. Anee de Reauprc. Full particular given by Copper Range Railroad ticket agents. Cloaa 64' 40 104 111 78 195 81 136 ' 34 27 131 133 145 43 66 38 116 121 131 154 40 126 76 121 25 117 115 25 172 77 43 63 Commission on Education Makes Report to World's Mission Conference. UNLISTED STOCKS. J. A. Tho though session Mi n near & Co. say today: New York market was firm, it ruled dull throughout the The fractional changes were for tho most part toward higher prices. Sentiment continues conserva tively bullish In the ISastern markets, and will undoubtedly manifest Itself In a higher range of prices as soon ns the market awakens from its lethar grtic condition. The fact that there was no trading in the liostoii market today made copper shares unusually dull. Amalgamated in the New York list was slightly higher, selling up about a point. The curb trading was confined to ties. New Keystone and Inspiration were In good demand at slightly higher figures. The announce ment of a report on New Keystone would soon be Issued was heard with much satisfaction by shareholders of this company. Inspiration was also moved up. Wo continue to see some good buying in Goldflold and Tonopah It is reported that Tonopah directors will Increase the dividend nt the next meeting, or some such action making the rates 50 cents quarterly. We loo for a traders' market for tho next week or two. SEEKS COMPLETE CONVERSION J. A. Minnear & Co.) Bid Arizona & Michigan 35 Ahmcek ....160 P.utte Ralak 14 Rohemia 6 Chemung Chief Cons 1 Cordova Cor tea 2 Chi no 11 Calumet & Corbln 30 Calumet & Montana 1 Corbin Copper 6 Cactus 2 Davis Daly 1 Denn Arizona 3 F.ly Central 1 C.oldfleld Cons 9 Gila 5 Glroux 7 Homestakc $6 Hcrmlmi Helvetia 2 Hancock 17 Indiana 15 Inspiration 8 Keweenaw .' 3 Kerr Lake 8 Keating 1 La Rose 4 Inkc Copper 50 L. S. & A 1 Live Oak 20 Miami 19 New Keystone 4 New Italtlc 6 Nipissing 11 North Lake 12 OJIbway 7 oneco 2 Ray Cons 17 Ray Central 2 Sierra 2 Shattuck 25 Santa Rosalia 40 Superior & Globe 30 Superior & Iloston 9 Superior & Pittsburg .... 10 Vi South Columbus 08 South Lake 4 Tonopah 8 Yuma 60 AaW .45 170 14 6 9 1 1 I 2 11 J .40 1 7 I 2 1 3 1 ' 9 6 7 89 .25 2 17 15 8 4 8 1 4 51 1 20 20 4 7 11 12 7 3 17 2 2 25 .45 .40 9 11 .10 S 9 .65 lOdinburgh, Juno 17. "Seldom bus the Christian church been called to meet t great an opportunity or to re spond to such immense und varied needs," says the commission on "Edu cation in Relation to Chrlstianlzallon of National Life," in its report, pre sented today, to tho International Mis sionary Conference, In session here. The commission recommenda a wide development of educational work in connection with mN-lonary endeavors, and warns tho churches against the danger of losing sight of the primary object to seek the complete conver sion to Christianity of those who come within the Influence of the work. Instead of resting content with lower and subordinate ends of education. "We desiro to put on record our firm conviction that Christianity, by reason of its unique message to tho world, has a unique part to play In the work of education. Onq of the striking phenomena of the present htur Is the world-wide recognition of the necessity of tho moral, If not alo of tho religious, element in education. Unite With Government. 'It is the manifest course of wisdom tho commissioners say, "for the Chris tian forces of any country to enter In to cooperation with the government system of education, In so far ns such cooperation does not involve sacrifice of Christian principle, or the end to which Christian education is carried on. "There ought to be Christian col leges In tho grent strategic centers In some Instance's possibly a Christian university where the education is of the first class kind. Judged by educa tional no less than by religious stand ard;'.. "We believe that nationalizing of re ligious teaching is one of those things which not only ought to be done, but which must bo done." Work in Foreign Lands. The report calls attention to tho urgent needs for education! work In many lands, especially In Japan, China, India, Afrlea and the Moham medan world, and continues; "If a worthy answer is to bo made to the call, both men and money must be given for the promotion of. Chris tian .education in far more abundant measure than has' been dono in the past. While It is to be hoped that tin church will provide both workers nin funds far In excess of what so far has been given, tho supply can never bo equal to the work that has to be dune. Investigation Recommended. The commission recommend union of effort in the study of educational problems. It says that each great di vision of tho missionary Held should have a board of education in width Christians of nil denominations should unite for a thorough study of educa tional conditions and tasks of that re gion. Another recommendation is for union In tho maintenance of educa tional institutions. "The commission Is deeply Impressed," the rciport says, "with the conviction that In many In stances all the Christian bodies work ing In a given region should coniblno in the maintenance of institutions for higher colueatlon," A third recommendation Is that mis sionary boards take more pains than they have done In the past to use the ir men and wome-n in the most effective way. "We belie-ve that mue-h of the work at prese nt carried em is Incffe-ctlve and almost valueless from tho missionary point eif vie w because the staff Is In sufficient to cope with the' demands made upon It. We venture to urge upon the missionary boards the neces sity ef adequate stalling ef missionary educational Institutions as a matter (hat perhaps more than any other needs Immediate attention. IZstabllshcd IStiO Paine, Webber & (g?o. Members JVcw York Stock IZxehan&c ' Iloston Stock Exchange " New York Cotton Bxchanc " Ghica&o Board of Trade " Vuluth Stock Bxchan&c CURB STOCKS GIVEX SPI2CI7IL 71TTIZXTION I'ltlVTlTIZ Wilt 11 TO TILL M71IIKETS Calumet OfficcPninc Webber Building M. J. O'URiEN. Res. Mr. Tclcphoncs826, 827 and 828 Daytey Mayme. Daysey Mayme Appleton has a heart that responds quickly to every appeal for charity. "Tho prizes I won at cord parties," sho explains, "como In handy in giving to tho sickly and t needy." Atchison (Kan.) Globo. News Want Ads bring results. The Market at a Glance NEW YORK MARKET DULL AND SLIGHTLY HIGHER TODAY. NO ROSTON MARKET TODAY. KEYSTONE AND INSPIRATION WERE HIGHER ON THE CURB. GOOD BUYING IN EVIDENCE IN GOLDFIELD AND TONOPAH ISSUES. J. A. MINNHAR & CO., Brokers CALUMET. MICH. LAURIUM, MICH. PRIVATE TELEPHONE EXCHANGE PROMPT DELIVERY Give us an order for th delivery of a case. Many beera have many good qualities, few shortcomings. Our beer is a fine beer any way you take it, as hundreds of its satisfied users will tell you. You can order it delivered -t your door. Mail and telephone orders receive prompt attention. , CALUMET BREWING CO. Phone Z74. CLOSING GRAIN LETTER. Wheat It was a trying day for most people In tho Chicago wheat trade. Marly reports of a few lljrht rains In the northwest causeel buyers to go a littlo slow tho -first half hour. Then there was a denial of these rains and a batch of bad reports from the spring wheat states. Leaders in tho .Minnea polis trade said the situation was get ting serious for want of general rains. Tho last hour brought strength and prices went to highest of the day. There Is tho greatest Interest possible In the conditions developing In the yprlng wheat country. Goenl neopla declaro that If present hot dry weath er runa a few days longer tho crop promlso will be de'ddedly lowered. Tho trade ha almost forgotten that there la winter wheBt harvest golna; on, that the new crop Is beginning to move to southwest markets and that Chicago houses are buying Oklahoma wheat moderately In July at abemt 1 cent over present July price. For the present the market will turn on north- west ndvlcen. Iognn nnd Rrynn to Pnlne, Webber A Co. ' Duluth, South Shore and Atlantic Railway Excursion Bulletin June 1 to Sept. 30. Summer Tourist Fares to Eastern Canada, New York and New England. Optional Routes. June 3 to July 30. EvVry Friday low rates by train and steamer to Detroit, Toledo, Cleveland and Ruff a lei. June 7-15-22. Annual Spring Excursions to Cheboygan, Alpena, De troit, Toledo, Cleveland and Ruff ate). Usual low fares, June 12th and every Sunday until October 3J). Sunday excursion fares. June 4th to 10th. Annual Convention United Norwegian Lutheran Church of America, Minneapolis, Minn. Juno. 13, 19) and 20. G. A. R. Encampment, Holland, Mich. June 29 to July 3. Annual Convention, National Educational Ass'n., Huston, Mass. Optional Routes. June 28 and 29. Summer Ceremonial Session, Ahmed Temple, June 29. July 2nd and other days. Convention Fares to North Paclllo Coast, California, Oregon, Washington, etc. July 2-3-4. Low rutcs for Independence Day. July 6 to 10. National Convention of Elks, Detredt, Mich. July 12 to 19. Annual Pilgrimage, to Ste. Anne de lte-auprc, Quebec. July 20-21-22. Sons of St. George Reunion at Iron Mountain. Watch for announcements of other excuroiens. Apply to Ticket Agts for particulars Gay & Sturgis 101 Milk St., Boston. Mass. Members of The Boston Stock Exchange DEALERS IN Bonds and Stocks, Listed and Unlisted Our facilities for handling your Mock business la unsurpassed. Direct private wire to 1J ston, Duluth and Houghton. Also direct connection with Ilornblower & Weeks, members of the New York Stock Exchange, with offices at Ch'cago and Detroit. P. W. GRIERSON, Mgr. OFFICE K TIFTII ST. PJJONES 81H AND 814 LET US BE YOUR PERFUMER We have Hudnut's, Vantine's, Palmer's and many other Celebrated Perfumes and Toilet Waters. METROPOLITAN PHARMACY , CALUMET DRUQ COMPANY CORNER OAK AND FIFTH STREETS A. TENNYSON PRYOR WARD B SMITH Phones 818 and 819 South PRYOR & SMITH BROKERS- 37 Isle Royalc St., Houghton, Mich. Direct Private wires to Boston and New York Stock Exchanges VM. DUFFXRY, Manager CURB MINING ISSUES A SPECIALTY. Reliable Information from Competent Mining Engineer and Corres pondents in the Various Mining Camps at the Disposal o Our Clients. CALUMET STATE BANK Capital $100,000 Surplus $30,000 OFFICERS THOMAS HOATSON, President. EDWARD ULSETH, Vice president. J. W. SELDEN, 2nd Vice President. F. J. KOHLHAAS. Cashier. WALTER EDWARDS, Asst. Cashier. INTEREST PAID ON SAVINGS DEPOSITS TRAVELERS ATTENTION Is called to the excellent service which the Copper Range RAILROAD Has established In connection witn the CM. A. St.P. Railroad Through Fast Train Service Through Sleepers , Cafe-Observation Car Best Dining Car Service Low Hates TAKE "THE COPPER RANGE LIMITED" it H r