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WEDNESDAY, SEPT. 7, 1313.
c THE CALUMET NEWS. Upper Peninsula NOTES AND BRIEFS- Established 1880 i I MINES AND MINING, STOCKS Paine, Webber (g o. Members Xcw York Stock Exchange - lloston Stock Exchange ! STATEMENT BY THE GIROUX CO. DIRECTORS MEET AND PREPARE INFORMATION ABOUT PROP t ERTY EVERYTHING IS SATISFACTORY I At the directors' meeting of the Ciroux Consolidated Mines company laid at Imlutli, the treasurer was lu- etructed to make the following state- Hunt: lu n the iiiroux properties were taken over by the present manage ment in 1SMW, a comprehensive plan tf operations was determined upon, with the Idea of thoroughly and sys tematically developing the properties with all possible tpeed. There has liern no change In this plan which. Jias been vigorously prosecuted ever since. A great deal of churn drill ing has been done with the Idea of tdiowlng up ore bodies heretofore un known. The outcome of this drilling to date has been very successful and the reserves of concentrating ores liave been largely Increased. The di rectors decided that the most 1m lortant work was to reach the rich sulphide oris In the Alpha territory und to concentrate the energies of the company mainly to getting ready lor mining operations at that point Jlrst. The old shaft In the Alpha lode, bottomed In ore, was found unsafe and wholly Inadequate, and it was necessary to sink a new shaft in the limestone formation, about son feet distant. Th new Ciroux shaft, n full description of which Is given In the last annual report of the company, is now completed to the 1. 200-foot level nnd sinking Is progressing to the 1,-400-foot level. The directors found that to get ready for mining opera lions on a large scale and to deter mine the character of the smelting ores at the earliest date possible, it was necessary to have this shaft and attack the rich Alpha ground first. "The steel structural material for the shaft house and boiler and en pine hours Is now being put In place. The hoisting engines, pumps and all necessary equipment are on the ground, being Installed. As soon as this work is finished, drifting will be commenced on the 1 .100-foot level of the Iiiroux shaft to reach the rich ores in the Alpha ground, and. as ton as the shaft Is completed to th 1.400-root level, drifting will be btarted on that level to reach tho pamo ground. The rapidity with which this new shaft work has been done has set a new pace; in the min ing' world, and the shaft, when com pleted, will be one of the largest and lst. if not the largest and best. In the country. The work has so far progressed that the directors expect the drift from the 1, 200-foot level will reach the high grade Alpha ores by the middle of December or by the ilrst of the new year. "In addition to all said churn drill ing and shift work, the energy of the management has been directed to as certaining the exact character of the direct smelting ores in the properties ho as to determine the iKst type of pinelter to be constructed. The di rectors have decided that theyom pany's i smelter will be erected at or near tho mines at Kitnberly. "The company has ample funds In Its treasury to enable the manage ment to put the mines in the condi tion originally planned, ready for op erations on a large scab', and the af fairs of the company in general are highly satisfactory to the directors. No treasury or other stock has been or will be, disposed of by. or to mf jdst, the company in carrying on Us operations. Kvcrythlng has been, and will be. done to open and equip the mines for economical administration nnd for mining on a large ncale rs noon ns possible, consistent with ound business manaKcment and the best approved mining methods. "The directors have preat faith in the future of the f.iroux, and Intend to push vigorously the development of the properties along the lines as originally determined." YUMA The assessment recently levied on the sto k of Hie Yuma Copper Co . and payablo AueuM l'th. Is coming In most sat isf;n tortly, as upward.-! or ST. per cent of the ca'l h;is been paid in -pomi thing to be pro'id of. In t!i'f oViys of depression, and something that bespeaks the confidence of share, holders In the value r.f the property. NOTICE OF DIVIDEND Calumet & Arizona Min ing Company lias declared dividend of One Do 1 1 ar ($1.00) a share, payable Sep tember 19th, 1910, to stock holders of record September 2nd, 1910. Transfer books close at close of business September 2nd, 1910, and re open Sep tember 12th. 1910, at ten o'clock a.m. GORDON R. CAMPBELL. I Sec i most of. whom feel that Yuma is go ing to make good. In the last ten feet of sinking copper values doubled, nnd later diamond drilling will be started It Is believed by those. In position to know, that largo and valuable ore bodies will be penetrated by the drill Many Lake people are Interested In .the Yuma, and want to see it become one of the big mines of Arizona. Paine, Webber & Go's Gossip The temporary injunction Issued on August Uti by Justice l'eabody of the Maine supreme court restraining the taking over of the Cumberland Ely Copper Co., by the Nevada Cons. Cop per Co.. has been vacated. It Is under stood that the transfer of Cumberland Kly property to the Xevada Cons. Is now in progress. The estimated production of refined copper of Calumet and llecla and Us sub-sldiaries properties for the month of August totalled 10.r:'8,10C pounds as compared with 10.5UT.713 pounds in July and 10,742. :T.O pounds in June. Tho August outputs follow: C. & II 5.70C.33C lbs. Osceola 1,300,310 Ahmcck 1,102,000 Tamarack S22,5.'.C Koyale 72S.7S0 Allouez 3J0.rCiO Superior 3t6.304 Centennial 100,280 La Salle .'.l.fiCO rat lot C 9,090 Judging from the August operations at the properties of the Crccne Can anea Copper company, avigorous cur tailment policy has been Inaugurat ed, for in that month the copper yield amounted to only 3,o2(.ooo pounds as ompared with 4,.roo,(ioo in July. This Is the most drastic cut in copper out- ut that has yet taken place. The sil ver yield was M,03 ounces last month Huparcd with 1 19,000 In July. Hold Iroppcd to 441 ounces In August from 543 ounces In the preceding month. At the tirccno plant there are beinie op- rated but six furnaces, a part of the time and live furnaces the balance. The lireene costs for the current month should be higher than for some time past. Old Dominion's August output was J,Gl3,Ooo pounds of copper. Cilobe, Ariz. It Is reported from fairly reliable sources (The utmost secrecy being enforced at the proper ty) that ore of commercial grade has been discovered In tin third drill hole at the Arizona Commercial company's property. This hole, located on the 700-foot level, has been sunk to a depth of 200 feet below it. If this in formation Is reliable the Arlzlona Commercial management has found ore of commercial quality in every diamond drill hole so far sunk. Mining operations are not being crowded by the IJuttc Coalition Co., and daily shipments continue to run between 1,300 and 1.400 tons. Development work Is going on in the Karus property, but no mining is being done there at present. Oper ations are being confined to Minnie Healy and Tramaway. The lower levels are opening up remarkably rich. The heavy and extraordinary im provement and development work by the I'.uttc Coalition company has been stopped. Gay & Sturgis' Gossip Oneco'a No. 10 diamond drill hole yesterday cut into amygdaloid lode, the first foot t which was very rich in copper. The drill is continuing In amygdaloid rock but the great en richment did not extend further than the llrst foot. The discov ery was made at a depth of 304 feet. The drill Is located In the north half of Section 2. Indiana's No. 7 diamond hole Is bottomed in trap rock, down 1,350 feet. No. It hole is bottomed in fclslto, down l,or,o feet. The latter resembles the felslte in which the famous In diana copper deposit was found and occasional specks of copper have been Been In the felslte of No. ! hide, Indi cating that it may work Into the same good ground found In the No. 2 or discovery hole. Algomah has its steam plant in M-rviec. I'ist week water was en countered for the lirst time in the shaft down about 50 feet, arid sinking has been practically at a standstill since. With steam power the water will be removed and sinking at full speed will be under way this week. The encountering of water Is an Im portant event as the copper ore may be replaced by native copper at or near water level. This Is not nec essarily to be expected but as a rule water level means a change In min eral occurrences. lilobe. Ariz.. Sept. 7. With the cessation of ore shipments nt the Su perior A lloston property activities have lessened somewhat and the men now employed are busy in cutting out a station for the 820 level. Since shipments were stopped and up to the present time, the McC.raw shaft has been Punk 20 feet to afford n sump and Is now at a depth of M0 feet rroni the collar of the shaft. At Just what point In the future the extraction of ore will again take place It is at present Impossible to say oral will depend much on the rate of development that can efficiently be mad It l af to say that the eighth nnd ninth levels will be pretty tiinronchlv blocked out however, nnd ' that portion of the alxth that Is us yet untouched. There is no equivocation alout the way the Superior & lloston people are going after their ore bodies and as the structural geology Is quite sim ple and as crosscuts to the vein are comparatively short it is a mere mat ter of time until active work will again be resumed and when that point comes it will mean the Superior & Itoaton mine is in the list of active producers and that its production will only be augmented as time goes on. There is no question that there Is plenty of ore. The recent curtailment was not because the management ran up against the well worn problem of Ts'o ore-' but because they far MKiiicmy reiuseu 10 extract tnat ore ami impoverisn me mine except un der the most efficient conditions News Ilurcau. STOCKS Se pt. -10 There was no change In the market again today. The New York list had iitful rallies on profes sional trading. In the local list. In diana and Lake were slightly stronir r. .North ltutte was also In better demand with no stock offered. We notice some exchanging of lireene for jroux and think there will probably be money in it. The copper produc ers report to be Issued tomorrowO at noon will probably bo : stroacr uii argument as ft Is expected to show u considerable elecrease in the surplus. Foster to 1'aine, Webber & Co. lloston, LMliiss., .Sept. 7. There Is lit tle to say in legard to the market, the public taking little or no Interest in it. It held the advance and It is surprising how little stock there Is offered for ale. Should sentiment change, and we hclieve it is bound to ere long, stocks would move up very sharply. 11. L. Hall. BOSTON STOCKS. (Paine, Webber A Co.) Did. .Asked Amal 63 63 Adventure 6 7 Allouez 42 43 Arcadian 4. Atlantic c 6, Ariz. Com 16 16V ltutte A llalk C',4 7 Coalition is 19 Copper llange 63 66 & A 07 Vi 58 & 11 543 5.-.0 Centennial ir jg Daly Wj st 6 6V& Kaxt ltutte 714 7. Franklin 1014 n :iroiix . 6 eii O ran by 31 22 Lireene Can 6 7 Hancock 21Itid Helvetia 2U 2 Indiana igsf, L'lo Koyale is l'j Kerr I-iko y, qx Keweenaw 314 4 Lake 34 - 'a ''! 10 10Vi 7!i 8 M '"! lS?i l!j4 Michigan 41 414 Mohawk 4714 4$ N'ev. Cons 20i i;oTi North F.utte I'S 2SV3 N''l '-i-fng 104 K)T North Lake 9 01,1 I'om 3-Hid n,,nli 125 128 ojibway 5 Cli 1,;,r-ot 13 I5 Qulney 7 74 May Cons 17. jgij Sup. & Itostoi: s 84 S!'i"i;on j,. 10 Sup. & l'ltts ipj u Superior 4:54 4G F. S. Minim; , jjji 3.(51; Tamarack r: 5S " Trinity zya 6 . Ftah Cons 23 23''i Ftah Copper 4a 46 Victoria 2Vi 3 Winona 71 j Wyandot it Wolverine ..120 123 NEW YORK STOCKS. Oay nnd Sturgis furnish the follow. Ing New Yerk quotations: Open Close Amalgamated G2V& 63 Am. Car Fdy 47 4B Anaconda 39 39 Atchison D6 Vi 'Jl K It. T 74 4 74',L. lan. Fneille 188V4 189 Cems. lias 128'4 1284 Colo. Fuel 30 31 F.rie 25 25 lireat Northern l'fd . ... 123 '.i 123 Ills Central lht 129 Mo. Pacific 52 52 N. Y. Central 110' HOVi Nor. Pacific 113 1137; 1'enna ' 127 127 Heading 137'4 138' rtock Island .... 29 29 'i Stv Paul 1174 US'a Smelters 66. 66 So. Paciric Ill 112 Sugar 116 116 Steel I'M 115 115 Union Pacific 162 164 U. 8. Steel 66 67 UNLISTED STOCKS. (J. A. Minnear A Co.) . . Hid. Algomah 13 Asked 13i Ariz. & Mich. Ahmcck ltutte Italk. . 'lihenila Chief, Con. . . Col. Con. . . Cordova ..... Cortex .30 .181 190 7 6 1M .7 6i 5 Ui .65 i .60 Fall Breaks Boy's Collar Bone Hoy, thu fccvcn-ycar-cld son of John "Watson, fell from a delivery wagon at the Soe Saturday afternoon and broke his collar bone. The boy was left in the rig while tho driver was delivering an order. He was cau tioned to remain quiet, but became restless anl the horse, starting: up, he fell 'from the wagon. Dies from Infantile Paralysis Kenneth II. Hose, uged three nnd one-half months, eon of Henry Hose, 1815 South Sarah street. Is de-ad at Kscanaba, after an Illness ef but four or live clays with Infantile paralysis. This is the second case- of the dis ease to result fatally In the city the part week and it is re ported that con siderable apprehension e.Jsts. In the opinion of .some physh ians the mal ady Is more contagious than email pox and much more deadly.- Some Advice for Farmers Several of the busine ss men of this city have advanced very plausible, reason why the average farmer finds more or less trouble in disposing of his fruit and produce to the grorcry man, comments the Manlstlijue I'ion-tcr-Trlbunt They state that it is the usual custom to bring stuff on Friday or Saturday, glutting the market, us the average grocer does not euro to carry a surplus stock- of perishable nature over until Monday. If more of the farmers would bring their products to town earlier in the week, they would find les3 trouble of disposing of their wares. Miner is Dead From Injuries . Ardino lieorgtnl, employed nt the James mine at -Iron Hiver, is dead from Injuries. He and two other trammers were going to their place of work, where they were to truni ore into a chute. The other two passed the chute, but soon missed Ardino. They notilied the captain, who dc- scened to the fourth level and there found the man at the bottom of tho chute. Ardino had fallen about ono hundred feet. H.was thirty-one years of ago and single. Will Transport Children- Messrs. Llanford and Neerham of the Hiawatha bourd of education were in Maiiisttquc a few days ago for the purpose of making a contract with It. CI. Caseniore for tho transportation of children of thu township eligible for attendance at high school to und from mi Chlno 14 .50 .95 6 1 1 3Vi 1 8Vi 6V1 89 .25 2Vi 21 V 19 8 4 4 Cul. Cerbln Liirinii rr ..... . . , , 5 il. & Mont'.JJU . . tKi I'onbln Cop f'-j Cactus lVj Davis Daly . . Demi Ati. 3 ! all view 1 Cioldjllcld Cons. 8 V'i ciia 0 Horn. .stal;e ..... . . 8J lie 1 niina Helvetia ' ' 1 2li Hancock ." '. .... 21 Indiai a ........ .. .... 1S!j IiiMpirutnoii .'.'.'. '.. "7 Keweenaw .. 3 UeiSH .... 2 Iike Copper 34 'i L. S. & A I'i Live Oak 17 Miami 18 Memt. Clinton . :. . 20 18 19 New Keystone 3Vh New Haltic 5 Nlplssing 10 North Lake 8 North Lake D OJibway 5 Once 2 Hay Cons 18 Shattuck 23 Santa Rosalia 45 ' Sup. Si Lilobe 20 Sup. A Host 8 Sup. & Pitts ll!i 6 11 11 6 3 18 'i 23Vi 50 So. Lake Tonopah Warrior . . 8 PROMPT DELIVERY Give us an order for the delivery of a ease. Many beers have many good qualities, few ahortccmiocs. Our beei is fine beer any way you take It, as hundreds of its satisfied users will tell you. You can order it delivered ri your door. Mail and telephone orders recerve prompt attention. CALUMET BREWING CO, Phone 274. Merrygo-Round, Roller Coaster, Bath Houses on Keweenaw Bay, Row Boating, Picnio Grounds, ' Cottages to Rent, a) PLANKED WHITE FISH DINNERS. BOATS LEAVE LAKE LINDEN, HOUGHTON and HANCOCK, Three Timee a Day. WHITE CITY CO. Phone 475. W. H. LABB, Gen. Mgr. Shelden Bldj. Houghton, Mich. the city every vchool clay during the coming year. Mr. Cascimre will re ceive the sum of H'.'O for the work, which Is considered a very reasonable llgure. The township will furnish the van. Claims Bounty on Six Wolves tl. L Lowry, a hunter nnd trapper of Whitetlsh township, has written long letter to the county clerk at the Seo, relative to an experience he had last fall with a pack of wolves. He says that he spent a couple of months hunting the wolves und finally located their hcaehiuartcrs. He balled the piaco with poisoned meat, but tho weather conditions were such that he was unable to return to the scene last winter. This fall the carcasses of six wolves were found by berry jdekers in the vicinity where Lowry had puieeel his poisoned halt, but they were In such condition that it is doubtful if the reepilreimnts of the law can be met In order to secure tho bounty. The laV reepulres that pun ches be made In the butts of both ears of each animal and without the cars It would be impossible fer the county officers tt make the necessary affidavit to secure the state's share of the bounty on the animals. Count Llcrk Parsllle has written for further Information, and It may be that Low ry will yet receive his reward. EMPLOYES OF. THE Calumet& HeclaMn'gCo Who wish to sell their houses or buy houses on Co. Land; who have rooms to rent or who wish to rent rooms, are invited to advertise in this column without any expense. FOR SALE l!t SALF 9-room lamse, modern conveniences, eieam heat, gejed foun elatlon and plumbing. Apply 850 Cam :rla st., Calumet. Full SALF Lot 3. block 3 Wolverine st., Florida. Apply at Mrs. Chap man's boarding house, 123 Kcurdurge st., south. Ft) II SAL10 lluua and iburn, 701 cor. Waterworks and l'lne sts. Apply C. A H. mine olllce or 21S 5th st. Full SALF S-ioom house. No. 379, on Caledonia st. Particulars at Wick sr.m A Co.'s store, Pine wt. FOU SALK 6-room house, No. 3041 Swede-town mid. Apply on premises. FOIt SALF 4-roo:)i house. No. 4995, . 1t-hind Calumet clam, inquire within. FUH SALlv-5-room house und barn. Apply at 3C3 Caledonia st. x Full SALF It-room house, No. 4J4U 10th st. Apply C. A II. Co. Full SALI'i Secen-room hou.-e, 369 Caledonia st.. Calumet, Mich. Foil SALF 6-rooin house, 714 l'lne st. Apply en premise. x FOU SALF 5-room house, 4326 Acorn st., Yellow Jacket. FOU SALF House, No. 4030 Oak stM Yellow Jacket. FOU SALF Four-room cottage. 2201 Middle at., Calumet. FUIi SALF 5-lOiii liouso cheap, &45 CVledonla st. Full ttALF Six-room house, , 1624 Laurlum ft Fult SALF House No. 3133 Tunnel st., Swede-town. Foil SALF 8-room 'house. Alply 1744 Iepot st. I x FUU SAM') 9-room house, 730 Water works st. x FUU SALF Five-room house, S52 Al bion, x FOU SALF No. 6 rooms. 758 Columbia street. f'UU SALF la-room house, 1G0- Lau- riuni st. x lMlt rlALH House No. 457 Caledonia M., Albion. FUU SALF 7 -room house, 40S7 Cone t. I'Ull SALI') 6 -room houso 4350 Cone st. FUU SALF llou.'c, 1510 llecla st. I-UU SALF 3129 Tunnel t. l ull SALIi-ll:i5 llecla st. rUll SALF 1118 llecla n. HELP WANTED FEMALE. WANTFI) At onco experienced girl for general housework. Mrs. I'. 1!. Lyon, opposite Calumet hotel. WANTFI ilrl fr2 general henise werk, apply Mrs. A. 11. Slmonson, 1103 Cul. Ave Calumet. HELP WANTED MALE. WANTFD 5 good appearing sales men who can speuk Finnish and Fnglish languages, at once. Jewel Tea Cb., M. J. Rlchareis, Palace Hotel. 260 FOR RENT. FUU R FN T Five or six room mod ern flat, 212 Florida St., Laurlum. 260 FOR 8 ALE CLASSIFIED ADS!! FUR SALF One small nnd two largo he-ntlng stoves, 1684 Railroad St. 261 t it CUIlil STOCKS CIVUX SPIICI71L 71 TTIIXTIOX I'itlVTlTll WWII TO TILL M71HKKTS Gnumct Office -Paine Webber Building M. J. O'BIUEX. ?cs. Mtfr. TcIcphoncs'826, 827 and 828 4f4)40O O O O404C0O t) O ti e0O464t494 The Market J. A. MINNHAR eSc CO., Brokers CALUMET, MICH. LAURIUM, MICH. PRIVATE TELEPHONE EXCHANGE i 0 44ft 90 v0 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 stock bualness Is unsurpassed. Direct private wire to lloston, Duluth and Houghton. Also dlrwet connection with Hornblower A Weeks, members of the New York Stock Exchange, with offices at Chicago and Detroit , THOMAS MULLEN Mgr. orricE lr TIFTH ST. A. TENNYSON PRYOR WARD B SMITH Phones 818 and 810 South PRYOR & SMITH BROKERS 37 Isle Royalc St., Houghton, Mien. Direct Private wires to Boston and New York Stock Exchanges VM. DUFFNEY, Manager CURB MINING ISSUES A SPECIALTY. Rsliabla Information from Competent Mining Engineers and Corres pondents in tha Various Mining Camps at tha Disposal o Our ' Cltants. ' ' ' ' ' rs&s CONDENSED REPORT OF THE , CALUMET STATE BANK MADE TO THE COMMISSIONER OF THE BANKING DEPART MENT, AT CLOSE OF BUSINESS SEPTEMBER 1, 1910. , , . RESOURCES. I Loans and Mortgages '. f 502,018.09 Overdrafts 103.60 Lank I UK' liouso and Fixtures , S8.733.71 Cash and Fxchango IG1.517.39 LIABILITIES. 1722.408.79 Capital Stock '. 100,000.00 Surplus and Preflts iO.3l3.7Q Deposits G82l.l0r,.09 72-'.408.79 rata WAY TO SHIP. For fast freight service from Chica go and Milwaukee see that your goods are routed via the Copper Range in connection with the Chica go. Milwaukee & St. Paul railway. Daily through merchandise cars leave Chicago and Milwaukee each even ing, arriving in Copper Country the second morning. Tho Copper Itango railroad haj also Inaugurated tho fastest through freight service from Detroit, Mich., via tho l'ero Marepiette, Milwaukee, C, M. A St. P.. and Copper llango, arriving In the Copper Country th fourth morning. Special attention given to tracing nnd rushing delivery o( all hlp ntents. Information a.bout rates, delivery and train service 'promptly given. J. T. RENTENBACH, Agent, Houghton, Telephone 402 and 436. E. A. LIVINGSTON, Agent, Hancock, Telephone 431. W. A. KELLEY, Agent, Dollar Bay, Telephono 417-4r. C. L. ROCHE, Agent, Lake Linden, Telephone Lake 96-3r. G. J. ROSS, Agent, Calumet, Telephone 406. J. E. ROWE, Agent, Lauriu m, Telephone 423. . New York Cotton Exchange Chicago Board of Trade Duluth Stock Exchange at a Glance O O 994944l0 PHONES 8FI AND 814 t o 0