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THE CALUMET NEWS.
MONDAY, FEBRUARY 13, 1911. 0 MINES AND MINING, STOCKS BETTER YEAR FOR DIVIDENDS EARLY REPORTS FROM THE MINES AND WORKS ARE EN COURAGING TO THE INVESTOR. suited In reducing 'costs trom 10io. for the tlrst nix months of 1910 toO'i cents for tin lat six inonthH of the year. With production maintained ut the present rate the company Is earn ing roughly $7uo,00' per annum, or $1.70 pr share on la'i cents copper. Minaear & Co.'s Gossip Judlm; 1y reiM.ru nmde to Tlie IM iritis World for the month ot Jan-li-iry there is reason lo helicve that the y.ur 11 11 will prove a tetter year In point of dividends paid by Ameri can mines and works than win 1M0. A compilation .r these r port show j that tor t -four American minim; i properties ielde.l profit sulfa lertly j lari;e to enrich shareholder to Uie cxttiit of Tll.Jot.fiaS. In addition to this amount are the declarations of foar security holding oipoiatins w hit !i ili-triiiiti d ameinjr their share- J Inluth A comprehensive anl eon jservatlve report of the Summit Cop per company's property In Arizona has I Just been issued by the engineers. Pritchctt and Hamilton, to the Prcsi (dent W. A. Eaton and board of direc ! tors and copies have been mailed to ! the stockholders. The report boars 1 .... the date or January 30tli. ami there fore is not fully up-to-date on the re I rent Important developments In the ! south drift on the Pus.iuale Vein. The I Summitt mine has estimated ore re 'serves of $1,000,000 value on January 1 30th. The estimate is made on a bas- Is of 12-ccnt copper and concerns ore RICKETTS MAY HEAD AIL OF COLE-RYAN PROPERTIES ,. " ... t ,,1 1 that Is exposed and can be measured itaiv d.vkleiid disbursements total 1 . 1-.7J1,1 In comparison vlth January, 1M0, the dUllend paynn-rits made last l up to the extent of $713.624. The mod est addition of a little mora than Il'OO.ooo represents the ore reserves. At the lime the report was written the month h..,v an increase of fj.676.11'3 h,Rll KraJe ore hnilt in the PasMuak ,.! an Increase of eiht companies! on,y ,n(.h.s wKp parti, ipati,. A" compared w Ith Jan- : J( widened to three feet, ua.y. llr... the 1MI disbursements duplicated on the ' . . (iO-fM.t level by the former owners niiMiaer t i companies cuntriouunir, , , , i and Is now d ' ' I level, which is k"'1 enough evidence ' " l' ' I that the ore ext rids from tho 300 to f the forty-four mines and works 1 : iii,,' divide nds iii January, thirty four an- !n the eold--ilver-b'ad-zinc y contributed nearly month's total, or $.- e!..s-, and ti 011. -half of ti. ::':i.v f these, thirty four e umpanies, M. itten operate- in the I'nlted j Stated ;uid tht y pa 1.1 dividends la Jan- 1 uaiy totalinjf $i',t';.s,JM'. of this am-j ojiit Coldilehl A'onsoli-'iited eohtrih- i uled over three-fifths, or yi.77:.'tl. Seven t'anadian companies, all oper- 1 atinn in the t'l.balt disttK-t, cemtrlh- 1 uttd $1.3m,4M, while ten Mexican; companies contributed $ l,'7!e.3."13. i Seven copper companies, all opcr- , athiK' properties in the t'nlteel States, paid tlivldend- in January totalhns j $:!,"70.;o", and Anaconda, under its j taw oik" inizatlon, was resxi.sitil fori m arly f.vo- thirds of this, it $2,110,000.! Two metallurgical companies aid January rMvidelitls totaling S 1 ,l7."),7l:l. Jl.?:."i.tMji i f which was paid by the At.oil an Sineltintj .4 Ketiriiiij? ium-piuiy. NORTH BUTTE. Moo-level. Daily announcement is ex : i.ected that the hiuh trade ore has , betn entcountered In the north drift of the Pasuuale on the 400-level. Two raises have been started in ore on the third levi 1 of the Pasipiale. The Pas J quale and Summit veins have every evidence of promise and it Is said that they can be mined profitably to prcat depth. The veins can be traced on the surface the entire length of the prop erly a distance of one and one fourth miles . Tho engineers recommend that the hlh crude and low ore be mined at the same time, for purposes of economy. They are now consider ing the matter of treating: the low jrrude ores of the property and experi ments with dry concentration and other methods have been made. The engineers expect to recommend the construction of a 100-ton plant for the treatment of the low grade ore by one of the methods within a few weeks, i The report on the Summit property contains news maps and data of var ious kinds. Altogether It Is very elah j urate document. Developments at the j Summit mine up to the present date. I when considered in connection with tho report of the engineers, make it plain that the stock at 70 cents is cn j titled to a large advance as an Invest -, inent, and that the speculative pos sibilities are very great. Thompson, Towle & Co., say: our Mr. C N. Skinner. R M.. now In Mutte, wires concerning conditions at the North liutte property: Production for January Is estimated :t about 1. ouo.uiiO pounds copper. which compares with an average pro-i " nation for the months of October.! The January Iake output is estl .oveinhcr and December of 2,030.ouu 'mated at 17. C14.3H.', pounds of fine cop pouiuis. and whh-h indicates an an- P-r as against 1 VJ.17.r.33 pounds In Mial production slightly In excess of , D i -ember. Since July 1st, 1910, the ;! j, nun nan pounds. j Iike estimated output has been 12,- Considerable Important development j 1 4i)..",73 pounds as against 140,012, Out work is In progress. The Speculator ; pounds in the corresponding period of shaft is being sunk from the 22oo-foot i the proceeding year. !eel to the :'(i()-foot level at the rate I .f about 7."i foot per month. The shaft j Arizona Commercial had two drill is now down 240 feet, and should cores from the 1.200-r.ot level indicat-re.-K h the 2:oi0-foot point, at the pres-'lng the existence of a heavy sulphide ent rate nf sinking, within the next ore body. four months. ( The recent report of the (Jiroux Is Crosscuts will be run on the 2 loO, I responsible for the sharp decline in 2i;oo juid 2Mi0-foot levels to the Kdith J the Stock. Of the total tonnage of May vein, the former of which should j H,f2o, 000 tons blocked out by churn i. ach the vein about February 1 ." t h drilling to date, 4,200,000 tons' only and the other crosscuts by May l'th . averaged 1.11 per cent, and 4,600,000 Mini June l'th respectively. (only l.'.o per cent copper. The report Tie next few months will witness ! failed to state whether this was avail- tl pening up of some of the north J able for steam shovel. It Is pointed v ins on the lower levels of the mine, I out that If its extraction Is dependent where recent developments hae been upon underground mining, It Is diffl-j.-jthep favorable. cult to see how the company can The aggressive development of the ( profitably extract this ore with copper r roper tv (Inr-intr the past year has re-selling at 12'i cents. 1L (II 6 If your house is vacant Just one month the in terest on your invest ment is greatly reduced. If it's advertised prompt ly in THE NEWS as soon as it's vacant you'll be dollars ahead. Every house hunter Calumet reads THE yJ NEWS Rent Ads Uisbee, Ariz, Feb. 13. ClarUs A Dinsmore says in the lleview: "Hu mor has it that Dr. L. It. Kicketts. general manager 'f the I'aiuma Con solidated, now .n a pleasure trip to Kurope, will on his return btcome the general manager of all tho mining holdings of the Cole-Ryan Interest. I cannot get verification or denial. It ii a logical theory, however, and the mining man first stating that this was to be the program is well equipped to know something of the matter, it is problematical, of course, as to who will take Dr. Hlckett' place at Can aneu. though It might web b Mi: Kir k. Tho Cole-Hyan interests have large holJings In many sections of tho it unf y Arizona. New Mexico. Man tana, I'tah, Xova.la, Chihuahua, So tiora, Slnaloa, etc. and it is in line with pobiy, eonoiny, and best re-ultb that the entire management "f all should lie In the hands of one person and there Isn't a man in the country more competent than Dr. Uicketts." HOUSE 10 LEI Contiuud front Page S. GIROUX. A leading interest in Olroux say: "The estimate of ore tonnage is more favorable than would appear at first glance. The assay values are very lonservathe. 1'or instance, take the tin. ate of the "Morris Hunker Hill Ore pody." They have estimated this from their old hobs alont? and make it 4.fi.a,m,0 tons at 1.T.0 per cent cop- pi r. 1 ho former owners of the prop- rty had developed this body very comp.eti-ly by underground workings. and through sampling of this snowed average assay of 2.2") p-r cent. In (awes where it was possible to com- tre tht-- method of sampling with (he -;s:i!ts from the churn drill through the same ore, the churn drills e lower figures than careful hand ampling. The results given in the report are all from drill holes. An ther poirt to be considered is the .oneentrating ratio of the (Jiroux ores. Vctual mill tests show this to be 22 to 1. Tho Nevada Cun-olid'itcd ratio i about 14 to 1, as they have no Igh-gradc ores to furnish the needed silica In the smelting charge- and must cave enough in the concentrates to supply the deficiency. This Is a ma terial point from the standpoint of smelting charges in favor of the Oir- ux ores." I'reslilent Cole In his re mits says of thee concentrating oris: 'This ore has shown richer coniter ntents mar the surface which will first concentrating ores mined and treated and will be of a grade con siderably higher than the average shown hi the estimate, therefore, for several years after work on that por tion of the property is commenced, necessarily the ote extracted will av- rage 2 per cent or better In copnr. The lower grade material can be tak- n out in future yearn as the price of opper advances." Paine,' Webber & Co's Gossip New York All that may be consld red In copper is a slightly improved sentiment. There is oulto a business one at 12U to 12i for 30 days elec tro, iike is firm at 12 cents but sales at that price are not for distant ell very. It Is now said that the management of the Kast Dutte Mlnintr comnan v has hopes of selling 100,000 shares at 120 to raise Its needed $2,000,000 In stead of selling 200,000 treasury shares at $10 per share. The develop ments in the property continue highly ncouraglng. The eight level has boon Irlfted on for a distance of 1,100 feet ind for distances of from CO to 200 feet the ore body widens to 20 feet and in some cases to 33 feet. Disregarding the wider places, the entire 1.100 feet averages a width of from four to six feet and assays seven per cent Copper and around $2..r.O per ton In precious metal values. FORTUNE FOR WOODSMAN. James Mack of Dalta County to Shara In $100,000 Catata. To share In a fortune estimated tit neatly $1(iO.(ioo left him by an uncle 'ie had never seen, is the unusual jood fortune that has liefullen James Mat k, a veteran w oodsman of Delta county, Michigan. According to documents that have been reserved 'by Mr. Alack from At torney John J. O'Toolo of San Fran Isco, he is one of the heirs of James !t Hey, who died In Han l-'rancisco, pril S, 1910, leaving- an estate of $fi0,ooo In cash and valuable real es tate. Mr. Kclley left no will ami hn prop erty was taken In charge by the pub ic executor of San Francisco. A Rearch for the relatives of Mr. Kclley was instituted ly Attorney f'TioIe, who became Interested in the matter, and trace was Anally gained of tho on and daughters of a lster of the dead man, among whom Is Mr. Muck. According to the attorney here there are no legal heirs to the estate and all should share equally In the legacy. Out of the Question. Ceraldlne What did pa aajr when you asked him for my hand? Gerald I don't care to glre his re marks In detail, but I couldn't marry you, If I went where he told me to. READ THE NEWS WANT ADS. It Is to see them romp ans piaj! They havo their own tiny joy and sorrows, iu which their parent take as much luterost ns themselves. I like the girls bvst. of course, but little boys are nice, too, especially when they're flue, man ly little follows. Hut In every family there should be both boys and girl." While the wotnau was running on, unconscious that the picture she was drawing was the unfilled desire of the two people she was talking to, that they were not married and both had for years wished to be married, espe cially for the homo she had suggested by her remarks upon cbljdren. Jenkins was looking at the cciliug, out of the window, any place except where he might be expected to look. Suddenly he turned his eyes upon the lady be side him and faw blushes cotuiug and going like an aurora boronlls, with smiles on the lips like sunlight on rip ples of water. Thou their eyes met. The usual happening from such a meeting of eyes under such circum stances might be embarrassment, or it might be half embarrassment and half amusement, or it might bo anger. Tho look between those two was neither of these. There was more in that glance than has been written in many a vol ume, and no volume could express ns much. Tho mau's eyes said. "Let us fulfill the picture." The woman's said, "I wi'.l." Marriage, or rather mating, is a natural instinct. Tho reason neither of these two had mated avhs because tlu3' had from childhood been surrounded by artificial conditions. lie had look ed ihpn n woman critically, Judicially, taking time f deliberate whether ho watted her or not If he could got her w hile she had considered the men of her acquaintance iu the same fash ion. While all these considerations, pro and con. had fulled to make a mating, suddenly a spark had flashed between them and mado them one. Nor does it matter that there was a great denl of the artificial to stand be tween, them and realization. What was to follow was not a process of building up n love, but of breaking down barriers. When they left tho house both knew that the artificial condition by which they wero sur rounded required that they proceed step by step. In ono respect they were very near, in another they wero far apart. They had pledged a silent troth and yet they were strangers. "Do you think you will take tho house?' ttsked Jenkins ns they stood on the sidewalk about to part. "Kathor. do you think you'll take it?" was the reply. "1 am certainly not so ungallant as to stand in a lady's way." "Nor would I think of taking it if you Avant it." Jenkins stood thinking for a moment before replying. It was their artificial relations that were occupying his thoughts., ,,i Suppose," ho said, taking out his card, "you send me word as to your decision." "I will," she replied In a low tone. "On second thought. 1 will not put you to so much trouble. If you will let mo know where 1 could get your reply I would be pleased to call for if 'I should be happy to have you do so. bfie gave him her address. "Good morning!" "Good morning!" Not a very warm parting for an on- gaged couple. Nevertheless both went away with satisfaction in their hearts. For the first time In their lives they had listened to the voice of nature un alloyed by artificial conditions. In a few days Jenkins called upon the caretaker, with whom the renting of tho house had been left, with a cou ple of leases in his pocket and execut ed one for the owuer and another for himself. "When will you move In, sir?" asked the woman. "I don't know. I would like to have you remain as you are and tako care of tho house for me for the present." "That would suit mo very well. If Mrs. Jenkins wishes auy cleaning done, sir, I'll be glad to attend to It for her." Jenkins said he would let her know. Hut as there, was as yet no Mrs. Jen kins and a great many artificial bar riers to be broken down before there could be tho woman was not likely to receive any hurried order. He fully intended to occupy the house with the woman tho caretaker supposed was Mrs. Jenkins, but before that a great deal must be done. Not even a word of love had been spoken. What had been looked and understood was an other matter. Months passed before the caretaker got her order to do tho cleaning. Then everything was made spick and span, and furniture began to arrive. Jenkins went to the house and saw that it was arranged as properly and with as much tnsto as could bo expected of a bachelor, "then" When oil was finished left it in charge of tho woman and went away. The next she saw of hlra he drove up to the door in a carriage, wcar'..i a frock cont, a silk hat and a chrysan themum In his buttonhole. He hand ed out tho lady who had Inspected the house la his company, and when in side and her wraps wero thrown oft 6he was very beautifully dressed. "The children, ma'am! Whero are tho children? Oh, I forgot; you told me there arc no children, But I hope they'll come soon." Years hnve passed since these two strangers met nt the "house to let" and later went to livo in It as man and wife. A family such ns the care taker described ore there, and all are hnppy. The house is but a stone's throw from the club, but Jenkins ner tr goe there. He says he has no tue for it CO Of. DIRECTORS ELECTED. The annual stockholders meeting of the Tamarack i'o-t alive store, whs held Saturday nisht in the Tamarack l. F. chatxh, and was largely attend ed. The secretary und treasurer' re ports re read and three directors for the ensuing year elected. The direct. rs elected are Janus A. Crue, Walter Konwlck and I'apt. John lbv.vo. The two former were re-elected, t'apt. Kawe Micceeds John T. Harry. Naves vtant ads bring results. CLASSIFIED ADS HELP WANTED MALE. VANTi:i Local agent to solicit or- dcrj for Marquette Fluff Hug Co. Knoutre A. Gartman, ra'ace llote!, Laurium. f-13 HELP WANTED MALE, V.XTi:i competent, english speak ing girl for general housework. Ap ply Mrs. H. IX. Head, 2'22 Houndary St. Laurium. f 1 5 WANTKD competent girl for general housework, apply Mrs. Will Dun can, 3('J (.'or. 3rd & 1'ewablc St., Laur ium. f!3 FOR RENT. t() RLW'T Three rooms on Kljjhth street. Keel Jacket, every conven ience. Including light and bath room. Apply 211. Kighlh street. tf. WE WILL GIY PROMPT AND CAREFUL ATTENTION TO ALL DETAILS CONNECTED WITH THE EXCHANGE OF Superior & Pittsburg Certificates For CALUMET & ARIZONA Bring Your Certificates to our Office Paine, Webber & Co'y ESTABLISHED 1880 A bailing Detroit automoMio com I any desires a local agent for an tabltshed, well known car selling for $;l,uo0.00. An exceptional oppor tunity for reliable de ale r or represen tative business man who can Influ ence purchasers. Address Motor far, Kox .. Detroit. Mich. f-X-11-13 LOST AND FOUND. LOST Angora mitten on depot street or Calumet Ave. Finder return to News office. f!3 LEGAL NOTICES. THE MARKET AT A GLANCE NEW YORK MARKET FIRM. DANK STATEMENT GOOD. COPPERS DULL BUT STRONG. LAKE GROUP ACTIVE ON CURD. NO MARKETS MONDAY. A. MINNI-AR & CO., Brokers CALUMET, MICH. LAURIUM, MICH. PRIVATE TELFPHONE EXCHANGE l CO co Feb. 13. 20. 27: Mar. C. OFFICE OF THE .SUPERIOR-BONANZA MINING CO. Calumet. IMlch.. January 13. 1911. Notice is heivby given that the reg ular annual meeting of the stockhold ers of the Superior-nonanza Mining company will be held In the office of the company at the office of Oeorge S. Walker, l-'lrst National Hank l'.uil 1 ing, in the city of Cheyenne, State of Wyoming, on the fourteenth day of March, A. D. 1911, nt two o'clock In the afternoon for the purpose of electing it Hoard of Directors to serve a-s SUCH ror C." ensuing jnu, uoo i" transact nny and all other business that may properly or regularly come before such meeting. K. S. CARLTON. Secretary. 20 Jan. 30 Feb 6 13 STATK Or MICHIGAN, The probate court for the County ot Houghton At a session of said court, hold at tho probate ifllce In tho vlllao of Houghton In said county, on the twenty-fifth clay of January, A. D., ljtll. Present, Hon. Geo C. Dentlej. Judge of probate. In the Matter' of the Estate of John Murphy, Deceased. Mary Murphy having filed In Bald court her petition praying that the ad ministration of said estate be granted to herself or to some other suitable person. It is Ordered, That the 23rd day of February A. D., 1911. at ten o'clock in tho forenoon, at said probate office, be and Is hereby appointed for hear ing said petition; 1 It is Further Ordered, That public- notice thereof be given by publication of a. conv of this order, once each week for three successive weeks ptev ious to said day of hearing, In the Calumet News a newspaper printed and circulated In said county. (Seal) GKO. C. HENTLET, Judge of Probata. A true copy. Gt . D. Freeman, Register of Probate. O'Hrlen & LcGendre, Attorneys for Petitioner; Husluess Address: Laurium, Mich. 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 business Is unsurpassed. Direct private wire to Boston, Duluth and Houghton. Also direct connection with Hornblower & Weeks, members of the New York Stock Exchange, with cilices at Chicago and Detroit. ., ii ROY A. YOUNG, Mgr. OFFICE K T1FTII ST. PHONES 813 AND 814 IVb. 6, 13, 20, 27. STATE OF MICHIGAN, The Probate Court for tha County of Houghton. At a session of said court, held at tho Probate Office In the Villago of lfonchton In said county on the 3rd day of February, A. D. 1911. TreBent: Hon. Georgo C. Hentlcy, Judge of Trobato. In the matter of tho estato of Jo seph Paull, deceased. Elizabeth A. Paul having filed In said court a petition "praying that a certain Instrument In writing, pur Irtlng to Ibo the last will and testa ment of said deceased, Joseph Paull, now on fllo In said court bo admitted to probate, and that the administra tion of said estate 1m granted to her .r to some other suitable iK-rson. It Is Ordered. That the 2nd day of March, A. D., 1911, at ten o'clock In tho forenoon, at fuid probate office, be and Is hereeby appointed for hearing said -petition. It is Further Ordered, That public notice thereof be given by publication of a copy of this order, once each week fer three successive weeks previous to said day of hearing, in Tho Cnlumet News, a newspaper printed and circu lated in said county. (Seal) GEO. C. DENTLET, Judge of Frobate. A true copy. Geo. I). Freeman, Register of Prertmte. O'Hrlen & LcGendre, Attorneys for Executrix. Business address: T urluni, Mich. The Calumet State Bank offers to Its customers modern facilities for tho prompt transaction of their financial affairs, ample vault and safe room for storing and safe-guarding of their money, notes, Insurance policies niid other val uable papers, und such liberality of treatment as Is consistent with prudent banking. ' -"i ' : '" rjJ Capital, Surplus and Profits over $145,000.0 3SCa1 EMPLOYES OF THE Calumet& HeclaMn'g Co Who wish to aall their housea or buy houses on Co. Land; who hava rooms to rant or who wish to rant rooms, are invited to advertis in this column without any expense. FOR SALE 9-room house, modern conveniences, ictoarn heat, good, foun datlon and plumbing. Apply 800 Cam bria at., Calumet. FOR SALE Five-room house No. 2403 H street. Apply Jas, Harnette. X FOR SALE 9-room house, Kuunner . kitchen, coal shed, barn room for 2 horses, etc. Apply 1505 Heela st, IIrc-la. FOR HALE Lot 3, block i 'Wolverine st, Florida. Apply at Mrs, Chap man's boarding liouse, 123 Keanvnrgo st., south. FOR SALE Becen-room house, Caledonia st., Calumet, Mich. 3CD FOR SALE 11-room house. Rockland st. Apply 250 X FOR RAUS House, No. 4083 Kim St., Yellow Jacket. FOR fiALE Deo st. -S-rom house, Amly l"11 TOR SALE House. 1510 Hecla st. FOR SALE 0-roorn house, 730 Water works st. FOR SALE Five-room house, S52 Albion.- .. . . '.. FOR SALE 12-room house, 1C02 Lau rium st. . x FOR SALE House No. 457 Caledonia st.. Albion. ' FOR SALE -7-room house, 4087 Cone FOR RENT 4 rooms. 11th and Pine sts. Apply -,u FOR SALE- -1G25 Hecla sL FOR RENT 4 rooms cheap, 4317 Oak St. COLLEGES. FOR SALE House, No. 4036 Oak st, Yellow Jacket. FOR SALE S-roor.i house. No. 379, on Caledonia st. Particulars at Wlck Btrim & Co.'s store, Tine wt. FOR SALE Four-room cottago, 2201 Middle st., Cnlumet. FOR SALE 8 room house, 4082 Elm St. FOR SALE fi-room house. No. 3044 Swedetown road. Apply on premises. FOR SALE 4 -room house. No. 4095, behind Culumet dam, Inquire within. FOR SALE 5 -room house and barn. Apply at 363 Caledonia at x FOR SALE 5-room house cheap, 143 Caledonia t. FOR SALE 3129 Tunnel rt. FOR SALE Six-room Laurium at home, 1624 FOR RALE House No. 3133 Tunnel Bwedttown. MICHIGAN COLLEGE OF MINES F. W. MoNalr, President Located In Lake Superior dl trlct Mines and mills accessible for college work. For Year Book and Record of Graduates apply t0 President or Secretary, HOUGHTON MICHIGAN UNDERTAKERS AND EMBALMERS W. J. BLOY UNDERTAKING LICENSED EMBALMER Phone 155 or 379 Calumet, MIchlgar Undertaklngrarlors at the Ofld Stand Harper-Thomas Co. UNDERTAKERS-AND EMBALMERl Phone 14 Holman Bldg-, Calumert, Mich. All calls attended to either day of night. We also lnnTa fresh cut flow era r iny ftccaeion. 1 J