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THE CALUMET NEWS. MONDAY, SEPTEMBER 11, 19H. r Hougkton Department PLAN TO BETTER FREIGHT SERVICE U. P. BOOSTERS WILL WORK TO IMPROVE TRANSPORTATION BETWEEN HERE ANQ, DETROIT. "lVtrnit hospitality oouM not "have been t-Kct-IU'il," Hld PreM .'lit C.rce n, f the CpiK-r .Peninsula 1 velopmcnt bureau In speaking mt tin ent trip of the U. P. Hoostera to t city. iiut the material benefits v ich will develop fr-Tn.thl visit will .greatly outlive 'i: ..ige-iing memories f mir r!?is;:.l i.:. .- The Detroit Hoard of Co-i.merce has cxpresse a willingness to co-operate with us .it mir attempt to lower freight rates and increase the efficiency of service between Detroit mid upper peninsula towns. At pres ent we can mini freight to Chicago, Jn nearly half the time and at nearly half the cost that we can to Detroit. For example, lumber rates from Me nominee are IS tents a hundred to P tioit and only 10 cents to Chicago. "The uH- nn for this seems to le that tli 1 snl. i has never inad iiny s-treir rt to better Its rail road iterv,.. .-.lipinerits have Hot been very heavy, certainly not as heavy as they will be in the future, and the railroads have eoP!Kied their .service .id-vij.ttc their rates low enough. ( - trat ; itioa committee is tak Ji up the matter and we are now assured of Detroit's support. I think tliH roads vlll soon comply with our ro,irst for more frequent and cheap er servrre." Plans Cruise Next Year. "So enthusiastic are . the members over their, first cruise that they are determined to repeat It next year, al though Detroit may net be visited, as we d' not wish to wear out our w 1 come there," said Theodore E. Quinby. manager of th bureau, and former Ietroiter. "our boosters' organization is only nn infant, but It Is a lusty one and it is .-oing to bring- the tipper pen insula before the public. Since It was established last February, lSn.ouO piec es of advertising- literature have been mailed. Am a proof that we are be coming known throughout the country, we have received invitations to loan exhibits of cur products at Chicago, Pittsburg, Minneapolis and many oth er cities. "Many of our greatest resources hive not been tapped yet. We have more hard-wood timber standing than any other locality In the country. There are vast opportunities for iron nnd foundries in the heart of Hie mining district. Hut vthat we want most am people. Our population at present is approximately .l.'d.ono, while we re able to support three times that number." .vs the Milwaukee Evening Wisecn- i.:. Dt-Ivey came to Milwaukee some cars ago from Houghton. Mich, lie was for three years nianstevr of the St. Charles hotel, having there to become manager of the eating house sjstem en the M. K. & T. railroad between St. Eoul and the city of Mexico. The work and th climate caused his health to become Impaired, and he returned to Milwaukee, ttking the management of tie Hotel Maryland when it was open ed a year ago. Of late, however, ho had not been we 11, and made scvcal trip to the West Haden springs for recti peratVn. t:'"g t'nally to ttie S?ac rxt Heart for treatment. Previous to going to Milwaukee somo years ago to take the management ef thrt St. Ch.trlc hotel, Mr. Ddvcy was employed as cU-rk at the 1 knights House In Houghton. He was one vf the. most popular hotel nun in th northwest and his passing will be re gretted by his many friends. FIRE COMPANY a 1 50 YEARS OLD SEMI CENTENNIAL WILL BECEL EBRATEO VILLAGE INCOR PORATED HALF CENTURY. BELL AT DANGEROUS SPOT. at Alarm Placed by Chief Voetch "Dead Man't Curve." An alarm bell was placed Saturday by I.oi.-s Voctsch at the intersection of sh en and IVanklin streets and College avenue, to be rung when tiro alarms are turned In from Kast Houghton. There Is always consider able congestion of t rattle at this point of automobile's and ve hicles and as It is Impossible to si'O approaching ve hicles until the y have le-a -bed the curve, it Is a point of considerable danger. The gong is to bo set ringing by the touching of a button in the fire station, whenever a fire alarm Is .sent in fn in liest Houghton, warning drivers of teams and autos that the firemen are coining, and to give them a (bar road. Chief Voctsch desires to impress upon drivers the need of obeying the alarm Immediately and thereby averting possible accidents. - CHARGED WITH CRUELTY. Hurontown Man Arrested on Charge of Cruelty to a Horse. T.ouIs Hl.ilso of Hurontown was ar rested Saturday night by Mticer Mitchell of Houghton, on a charge of cruelty to animals lilalse was driv ing a horse belonging to Richard James, the Dodgcvlllo liveryman and the officer noticed that it was bleeding at the mouth, apparently from the driver pulling on the bridle. The owner of the hore was asked to come- and get the h so, which lilalse dee-lared had become unmanageable'. James stated the horse was Inclined to be wild any way, and was a elitlloult animal to drive-, lilalse pbaib-.l not guilty and his hearing will take- place before Justice T. t tie at 10 o'clock a. m., September 2.". v C W. DELVEY IS DEAD. Former Popular Clerk of Douglass House Pases Awiy. Chstr W. De-lvey. man. ite r of the Hote l Maryland, and f u rn. rlv manager of the .?. CJ.arb s hot. 1. die I this mr r ring at the Sfcred Heart sinitariuri. The regular monthly meeting of the 'ouehton c :'-ty board i f supervisors .d be Ion norrow morning. Among the matters likely to he ac ted upon is appointing f a mine inspector to cee-d the late Inspe-ctor Dnwe. he funeral of the late Jose ph WIs su,s of Houghton, who died lat Sat urday, was held thifl morning, uerv I' es taking jdare at St. Ignatius c hurch and inte rment at 1'ore st Hill ee nn te-ry. Ills son, Fred WJssIng, of Chicago, en me here to attend the funeral. Till fall occurs the completion of fifty years of the existence of tho fire department eif the village of Houghton and at the r gular meeting cf the Con tinental Kre emiany to be hMd to m..rrov night step will be taken to wards arranging for the ediservance o tiie semi-centennial in a fitting man ner. No plana have been e-onsldere as yet, but It is thought the celebra tion will take tlte-foi in either of ban.ue't r a ball. The fire company was organized In l.vfll under the oiHclal supervision the late It. M Hoar then the leading j merchant of Houghton, a member of I I'he first board of village tru.stee and one of the mest aeHlve of Hough ton's iltiz.na in lmblic life. The fire company then organized was one of the be'st up to the present time. T.ie and It has continued to be among the best In this ne-ctlen at that fine tlrst engine purchase-d by the village- was the last Improved ham! engine u seel iii Detroit. About 1S72 a y tea in tire engine was purchased and Is still In us when occasion requires it About lSv; a brick engine house was erected, in connection with a new town hali forty-six by sixty feet In size arid two storb-s In height. A cH tern beneath the building, construct ed of stone and lined Inside with brick, together with other wate-r fa cllities, afforded a sufficient supply of water to ceunbat uny fires occurring in the village nt that period. Anniversary of Village. flieslebs being the anniversary of the fir.- e-ompany, the year liell marks the ru n "in g eiut of half a century of the incorporation of -Houghton as a village, It having been incorporate November 4, ISfil, under the ge-nral incorporation law of 18IV7. and having at the time a population of 2,1 whites, eighteen cohered persons and tifte-e-n Indians. The lirst elect Ion of village olhCM-rs was held at the office of John At wood Hece-ml-er 2, Ufil at which 1ST. votes were- cast and which resulted In the election of the following: President. William Halney: cbrk, John At wood; treasurer, William Harris; assessors Seth Ueese and Alexander pope; trus tees. William Miller, who was one of the first proprietors ef the old Knauf hotel, burned last week, Ivlward Ro ma, Oeorge Fuller, James I Reed, Ti. M. Hoar and Jay A. Hubbell; street commissioners, Thomas M. Hubbell, Klwin Iterrer and Ransom Shelden, John At wood, Thomas J. I frown anil John Klandy were Inspectors at this election. Trirrity Church Anniversary. In 1SC1. fifty ears ago, Trinity F.piscopal church was erected on the site eif the present Congregational e nurcn in Itarie o. k. Alter It was up i tul enclosed, and partly plastered. the llo.'ghton people returned to the Hancock subscribers the money they had paid to aid in the erection of the building, moved It from its founda tion, ran it down the hill, and placed It upon two large- scows, bonnt to gether by heavy timbers, and started U. S. Department of Agriculture. WEATHER . BUREAU IVILUS L, MOORE.. ClueC t , t -u ' . yj I I S ( fx .'.. Mlinm.pMthrnuiipc,ii.Luf Wu.l t f)' X f ''4"J ,.f' f . . . ii across I'ortago Lake. Tho lake had commenced to frecao over Places, and above where the bridge now stands considerable ice h frin-d. Small row boats Marled tow It over, breaking the thin Ico be lore them a they went. Wlion ne. the middle of the lake, rt stiff bree struck the church nnd the scow, with the church acting as a will, started n lively speed Jn tho direction Portage Kntry. A long cidl of new rope had been made fast and carried by a small boat to the Houghton tdd just be-foro the strangely frelglite craft ran out Into the open wate barely In time for R. M. olfar to take a turn with the cable nround a large tree! mi the bank. The craft tralne at the rope, which lvns slackened little and tho scows then held fast swung nround to the shore, anl mm a landing near tho old fe-rry, wrecking the- pcows on tho rocks. From t hi eilnt It waa taken up tlm hill an placet! upon foundations which had been prepared where the present nc and Imposing edifice of Trinity ehuro now Mauds. In 187i improvements were made in the Interior of the church, a memorial window being placed above the altar, and a set o altar vessels obtained, made from tho ratlve pllvor of Ijake Superior. ESKOLA CASE TAKEN UP IN CIRCUIT COURT TODA PANEL IS EXHAUSTED IN AN EF FORT TO SECURE A JURY. Case of People vs. John Peroni Over Until Next Term. Put The trial of. Matt Kskola, proprletc of the Hotel McCoy In Houghton charged with keeping a disorderly house, waa called on the convening o circuit court this morning, nnd the en tire forenoon session was taken up In tho drawing of a jury. The regular panel was e xhausted and It was neces sary to secure additional veniremen This case is one of the most Interest in of (he present term, Kskola being charged with keeping a disorderly house, tho complaint following the conclusion of the so-called "whit slave" case, in which Rskola was a de feu. hint at the May term of court. Kv Mayotte, the principal witness In tlv latter case, will be called to testify In the pre se-nt trial. Angus Kerr of Calu met Is associated with H. A. McNally as counsel for the defense. I'he- trial of John Peroni of IfanctK-k charged with keeping a disorderly house, was this morning continued un til the next t-rm of court, on applica tion of Attorney J. b Mambitzer, for the defense. BARAGA I. O. O. F. TO BUILD. At a me-etlng of the P.araga Odd Fel lows a building committee. In charg f Victor Reeel. was appointed to look afte-r the new home of (he Order, which will e built on the lot vvest of the Pioneer Cigar' Factory, says the TAnse Sentinel. It is exi.eettd that active iillding oiM-rathms will commence next week. The Odd Fellows l.lan to erec neat substantial home. The build ing will be a two story frame structure and -will cos! In the' neighborhood of S3, 000. The dimensions will he 2'JxCI feet. HOUGHTON BREVITIES. .j. : . 4. .j, .j, ,j, ,c! Of pre cor 'Hutu ineil ltna. thrmi.h nnlntanf & .l i.n. (nttuiu. il.ajr will lilrwn on I) ltr Mm. f rnviiDii. W. and Inf. j DTMBnl lulcl (! of wowlhor: Q slMkr, Mrtlf odf; Q tUtvAf. (p)rln; (g).now. Q) reiKrt niini. ArrmM flr with th rtnd Fin nuar. (miri..ir.; mcnnit ' S4-l'nr rainfall, If It wiuala til inn, thirU, win l.,ce of lb -iiiaa par hour or Binr. low " . O Stations Tnip. Wind. ; t a " c j, a SUte ot X J Weatis. '5 5 Mi 3 a JMpena CO C2 Chmiiy sw 6 0 Buffalo .rCC CI Clear 4 0 Cnmni .t2 r52 Fggy tw 8 .H DuJoCD MM..f!2 T.H Clear aw 12 0 KaoaoatUk .Bt C8 Fe'ggy sw 4 .01 Grell nf ,.r!2 60 Foggy h H 0 Houghton .. .r,r, .12 Cloudy ne 4 0 Marquette ..fit r,S Clear a 10 0 Milwaukee? ..61 C2 Fuggy w H .76 Tort. Canal.. Cloudy g Ft. Paul ,r..6u CO ftaln sw 16 .62 Fan Pre. ...r.s t.d Cloudy nw 4 0 Wishlnjrton h C Itiiin nw 4 .C2 YtlnnltKB ..$ ? Cloudy n 1$ 0 Ixcal offlre IT. S. Weather Pureaii. Houghton, Mich., Se fit. II, FN. Forecasts Till 7 P. M. Tuesday: Copper Country: Cloudy tonight, Tuesday fair; iobr. T'pper Michigan: Cloudy tonight, (ooh-r west and central portion, Tues day fair and cooler. 1ake Superior; Light to moderate variable wliiJT Weather Conditions. 'A storm ana of slight Intensity 1s central this morning over tlm Iike Region and Is causing cloudy weather and light rains In its vicinity. Moeler- fitely heavy rains are reported from the central part e.f th country. Dense fog Is refuted from f. veral statlonw In the. ike Iteglon thl.- morning. Fair weather will prevail In thla vicinity to- night follow xl by clearing Tuesday. The wind will 1h light to moderate variable. IL II. COWHRICK, Acting Official in Charge. Profitable Trade. " "I thought you aold your automo bile?" "No," replied Farmer Corntos Bd, "I traded the machine off for that horse over there." "Hut you seem to have both the auto and tho horse" Yea. I made ft contrac that he waa to give mo the haulln' the machine out every time he got stuck or broke down. Finally he owed me ho much that he turned the auto back as part payment." AN ANARCHIST. "Father, what Is nn anarchist?" "tSenerally he's a man that has no Job and Is afraid somebody will find one for him." Thomas II. Tracy of IAnse was visitor in Houghton' yesterday. Mr. and Mrs. C. H Frlnmdlg are the parents of. a son born last week. itotslord McUan left Sunday for fh-ndale, Ohio, where he will attend school W. II. Dee nnd son, Leslie, left ye-s terday for a visit jtpolnts in Mln nesota. Miss Hazel Dumonlhier left yestcr day for Chicago to' take a course of study In a hospital as a trained nurse The Houghton e-onnty board of jail Inspectors will hold . Its semi-annual meeting nt the office of the county Judge ef prokito. next Saturday nmrn- lnrr. Those constituting the board arc Judge of Probate , Hentlev. Count v Agent W. II. Mason nnd poor Sup-rin temlents Lyon. Stahl snd Morrison. Jacob Jarvls and Attorney Harry (-organ have moved, their offices from the Shelden-I)ee building (o the Hosch building, occupying.' rooms adjoining those of Justice Little. Marriage licenses have been . Issued to Oscar SteJnheld . of Trlmountaln nnd Pauline Messncr of Houghton; t'liarp-s It. Hyvone n and Ina Planks from of Calumet; nnd to Jure Hrondic mid Mando Hodollc. both of Calumet. A change In somn of the depart ments of the Copper Itange railroad at Houghton went int effect this morning, John Ite-ntenbac'h being made freight agent, with general supervision of th- freight station, nnd O. I Ifal com being made passenger ticket agent. A large number .of Port ago Tyike people visited the canal yesterday en ine tug Valerie to see the wreck of the Morel.ind. The pleafant weather was also take n advantage of by large numbers to take the trip to the Kntry nnd other resorts. J. F. Hall, Dr. T. M. Cunlnghnm and Frank f1. Jenks of Marquette visited Houghton Saturday for the purpose of practicing on the golf links of the Portage Ijike JoIf chih. They were entertulned while 'nere by members of the local club. A largo number of friends gathered .t the home of Mrs. 1. Hartman of Houghton on Friday evening nnd help, ed her to celebrate the seventy-first anniversary of he-r birth. The evening vns a ve ry enjoyable one. Mrs. Hart mon has resided n Houghton more than fifty years. Mora Houghton en Page Three. CURRENT GOSSIP V....1:1 JNNEAR ffOPPERS A. MINNEAR & COMPAN NEW YORK, SEPT. 8 The market this week has been drifting along In somewhat Btupld manner, and until latterly with cvl tUnce of a desire to rally, ami while some Improvement was made in prices, towards the closo of the week furthc t.ejlling developed in Union Pacific, which, of course wi tho signal for weakness elsewhere, und as we write t ;Ht lookj very Male and flat. Of new a to account for the late pressia-p, there is nno and In this respect tho market Is without nn explanation much as it has been on tho previous heavy decllno. Probably, the larger feature of interest liaa been to dny's government crop report, which docs not show very pleasing collection ef figures, for while there la some Improvement In the corn nnd oats crop, there Is none n Fprln;r wheat, which together with winter wheat In tlicates .1 total yield ef only about 658.000,000, while that extremely useful crop, hiy, is reduced to less than 47 C'00,000 a against over 60,000,000 last year. la trade, there seems to be a note of improvement in one or two directions evidenced further by a substantial Increase !n the August bank clearing. The labor dls rules out West however have had a halting Influence, al though we doubt for obvious reasonB, the likelihood of strikes in that direction. Wo are not, however, pessimistic on security values We believe the late selling to be! largely for the? already over-extended short account, nnd wo would prefer to meet this devllne with purchases rather than following the present very fashionable side of the market. 'N. J. Mllle of .Miller & Co. BOSTON, MASS., SEPT. 8. The announcement of tho Copper Producer's figures yesterday furnished a pleasant surprise In the curtail nunt of approximately four nnd a quarter million pounds, whereas a negative rsult would have been considered very satisfactory. Production of most of the mines owing to n very full month from the working day standpoint and to better re covcry from ore treated as well as from the Increasing volume from the new perphyr!es contributed to make higher output all along the lino. That , this was so easily taken care of was due to the tcsumptlon of foreign demand in tho latter pnrt of the month, whereas It had been slack in the first half nnd from the fact that the small American consumers were In tho market for nn unusually large supply of red metal throughout tho month. The big consumers laid hack on their oars during tho entire period, w'hlch led to a rather icsslmlstld outlook In the tlrst half of the month. Tlie present state of affairs however, leads to the con elusion so often stated nnd much persevered in that the copper situation has turned the corner nnd It now seems that production Is at length being slowly nnd rdcndlly verconio bv consumption to nn extent that will take enro of all present and premised production for tho cur rent year. If t'.io enlargement of consumption to pro ductlon continues during next year we should see a still more promising stato of affairs. That tho copper sltua tion has gone on steadily bettering with general trnd In iti present condition, and with tho foreign situation caus Ing u 11ms t throughout Europe la certainly ns good a tes timonlal as could be desired. The steady drain upon mine s of the eountrv nnd tho steady nslnir of copper ns it produced can in the end produce only one effect no mat lev nt what level copper Is now selling for, nor how long it may continue. J. II. Cody of Miller & Co. SUPERIOR AND BOSTON-ARIZONA COMMERCIAL Only those who have had the opportunity of visiting the Olobo camp and Inspecting the properties of the Su icrlor & Jloston nnd Arizona-Commercial companies can ealize the great advantago which will accrue ns a result of the proposed consolidation of these two companies, Tho announcement of tho terms whereby Superior & P.oston would absorb Arizona Commercial was made this week nnd viewed Irom every angle, it Is an eminently fa vcrablo bafcls. Superior & Hoston will Increase lis capl taxation to C5O.O00 shares, of which all but 5,000, share v. ill be outstanding. A special meeting of Superior & Hoston isharoholdcrs Is called for September 30th for the purpose of voting on tho plan, and transfer books vv'll be closed September 2.rth nnd vjll re-open Octfiber 2d According to the terms whereby the two properties are to bo consolidated, Superior & Hoston will Issue 200,000 shares to be exchanged for $1,000,000 bonds now out standing of Arizona Commercial on a basis of 100 shari of Superior & Hoston for each $500 bond, providing 75 f.f the bondholders accept tho offer. An Issue of $000,000, nix per cent, bonds convertible al $5 will also be made in denominations of $100, $r,00 and $1000 to bo dated November 1, 1911, und payable In ten years. These bonds can be converted into stock between November 1, 1912 nnd November 1, 1910 nt $3 a idiare, nd are t bo redeemable nt 110. To provide for this redemption, 120,000 shares of Superior & Hoston stock will be set aside. Subscription to these bonds are open nly to Arizona Ceunmerclal shareholders, and with each subscription of $100, a bonus of 20 shares of Superior & P.oston slock will be given. This will call for an Issue of CO.OOO shaies of Superior & Hoston stock. This bond Issue has been fully underwritten. To recapitulate, the stock Issue will be ns follows: Superior & Hoston shares now Issued. .28.1,000 For Arizona Commercial bonds 200,000 To convert new bond Issue 120,000 For Arizona Commercial subscription bonds f.0,000 In treasury 0,000 Total Capital G.'.O.OOO With the consummation of the proposed consolidation of the twe companies, Superior & Hoston will have In Its treasury In excess of $(500,000, a property fully paid for nd in addition, a smelter nnd railroad. It will be able to operate at five different points, namely: the McOaw, Oardner nnd Limestone of Superior j Boston's present holdings, and tho Rurcka and Copper Hill properties of Arizona Commercial. With so large a treasury balance, more aggressive operations will bo possible, nnd tho early sumption of production on a considerable scale. There was considerable selling tt both Arizona Com- merclal nnd Superior & Hoston stock Immediately upon the publication of the terms of tho proposed consolida tion. Tin selling of Superior A Hoston is believed to hnvo ber-n for the account of Arizona Comme-rclal bond holders who sold the stock against the shares they will ,w v "U'"",! Ui i"ir uonu holdings for Su. perlor & HoBton stock. Thero will be an Increase in ;he directorate of Superior & Hoston from five to nine members. Arizona Cummer clal Interests will be represented by four members or! the Hoard, including N. L. Amster. Operations at Arizona Commercial have been dicon. tinued, pending the consummation of the proposed con, solldatlon. The pumps are being operated, and the mine kept freo from water. It Is our opinion that after the deal Is closed. Superior A Hoston shares will sell considerably higher, and we be. lieve the stock offers great speculative possibilities around present prices. NEW BALTIC New Haltlo was quite strong this week on the report of a very favorable condition existing In the develop, nicnts on the West hide. Drifting has been under way for some time past and so far the results have been wry gratifying. Tho developments In the past week were the Lest yet obtained at tho property. . Thero is comparatively :ittle New Baltic stock on the market so that sharp fitio-tu-.tlons follow the announcement of important dcvelon mcnts. KEWEENAW The shaft being sunk by the Keweenaw Copper Com pany on tho Kearsarge lode has reached n depth of over 1200 fe-et. The shaft Is now partly In tho lode and at 121 fi feet the vein showed ui some good copper. The footwall has shown In tho shaft In a number of cases, tut it Is believed that the mineralization which has Just pnpeinred Is greater than heretofore exposed. The- management has not yet decided whether drifting will be done at once, but It is not at all unlikely that Dm vein will soon be explored. The shaft will be continued tr 1400 feet whore diamond drilling brought up a core well t barged with e-oppcr. OLD COLONY-MAYFLOWER 1 No. 9 diamond drill hole is being bored by Old Colony. This lude Is now over 400 feet deep. It Is thought likely that It will penctrnto tho horizon of the St. Louis vein between 500 and COO fet. Mayflower Is boring hole No. 15 which is close to 1300 feet In depth. Two promising veins were cut In this hole, one in particular showing up rich In copper. It Is quite possible tho company may decide to sink a shaft before v Inter arrives. In this event tho company would find lc necessary to call on shareholders for further treasury contributions. SOUTH HECLA Al a special meeting of South Hecla stockholders hell this week, It was voted to sell the property for 120,000 shares of the new company, which Is now in process of organization. As there nre outstanding 240,000 shares of South Hecla, this will give present shareholders one share of the new Company's stock for each two shares of South Hecla they now hold. The new Company which is being organized will have a capitalization of 1,000,000 shares of a par valuo of $5 a dhare. 700,000 shares will be exchanged for properties. In addition there will be a bond Issue of $1,000,000, of which $500,000 will bo sold at par and the proceeds will lid placed In tho Company's treasury for development work. The remaining bonds will bo lield in tho treasury to be seild as funds are required. Among tho companies to be Included In tho new or ganization are the City Rocks, Grizzly, South Hecla, Alta Development. Flagstaff, Centennial Emma, Nina & Myr tha. Copper Prince and Superior Alta. These properties cover over 1800 acres, and are in the heart of the Little Cottonwood district. Several other properties are like ly to be included In the deal, among them being Columbus Consolidated and Columbus Extension. Messrs. J. P. Edwards and N. W. Halro are working on thla deal, and It Is hoped to have the official announcement in tho course of the next few weeks. TONOPAH . The advance In Tonopah to" $6 tills week caused con- Mdcrable comment, and as yet there has been no satis factory reason advanced for the upwurd movement. From private Bourcca, however, we learn that during the past few weeks developments nt tho mine have been very satisfactory. The Company has opened up some very promising ore bodies, nnd reserves, we are given to un derstand, nre greater now than they have been the hut two years. Production continues at the normul rate, and fho Company is earning a trifle better than fifty cents every three months. Thero was some talk of an ln ceaseel dividend, but this is not at all likely. It was reported this week that Tonopah had exercised Its option on one of the properties which It had been considering for some months past, and-the acquisition of this property can be regarded as a very bullish point. Tho new property while not a high grade one will pro. vldo Tonopah with oro which can bo milled at a profit, am! will serve to prolong the life of tho Compuny for many years. Thero was good buying of the stock on tho upward movement and offerings have been comparatively light. Anywhere around $6 a share. Tononah looks to be a, cry attractive Investment. CALUMET & ARIZONA . - . Tho August production of Calumet & . Arizona waJ ,cr.0,000 pounds of blister copper. brlngJnir tho output p to a basis of 55,000,000 peiunds per annum. At thU rate Calumet & Arizona, with copper selling at 12V4 cents pound or better, will have no difficulty whatover In Maintaining Its dividend rate of $4 per annum. We aro riven to understand that the Company proposes to keep up Its present rate of production unless metal conditions .ako a larger output advisable. The same persistent buying of tho stock that; has been In evidence for weeks past continue to bo noted, and this buying appears to be coming from the samo source. There has been somo selling of such Issues as Copper Hnnge, Utah Copper, North Dutte tend lAmalgftmafed. nnd fho reinvestment of the proceeds tn Calumet A Arl rena promises to be a greater favorite both aa an In ic-stment as well aa a speculative Issue. ELY CENTRAL The reorganization commltteo of Ely Central has ad- orcssed tho shareholders what It terms ns Its final com munication to Diem, and states that the period for de positing Ely Centrnl stock and contributing lCc a share 111 be positively terminated October 1st. Additional Houghton on page 3.