Newspaper Page Text
MONDAY, JANUARY 8, 1912.
THE CALUMET NEWS PAGE TWO ! I I I Houghton Department HALF MILLION DOLLAR CO. IS FORMED IN ONTONAGON ARTICLES OF ASSOCIATION FOR THE NORTON LUMBER CO. Amount of Stock Actually Paid In Is Givn as $75,000. Articles of association have been filed with County Clerk Garvin of On tonag.ui county by the "Norton Lnai bcr Company'' and are as follows: Article 1. The name asumed by the association and by which It shall be known in law is Norton Lumber Company. Article 2. The purpose or purposes of the corporation are as follows: Manufacture, buy and sell lumber and all other forest products, and as an Incident thereto to buy and own timber lands and saw mills, and to cut and transport logs, lumber and other forest products, and to conduct a general manufacturing and mercan tile business. Article 3. Principal place at which operations nrc p. be conducted is at Ontonagon in t- ounty of Ontona gon and state f Michigan. Article 4. The capital stock of th corporation hereby organised Is the sum of five hundred thousand dollars Article The number of shares in to which the capital Is divided is Ave thousand of par value ,f one hundred dollars each. Article 6. The amount of the capi tal stock subscribed Is three hundred and seventy-five thousand dollars Article 7. The amount of stock ac tually paid In at the date hereof Is the sum "f seventy-five thousand dollars of which amount $".000 has been paid in In oth m property, an itemized de scription of which with the valuation at which each item Is taken is as fol lows; viz: Timber lands and standing timber located In Ontonagon county. Michi gan, fully described In deed by Denis J. Norton and wife, grantors, to tht Norton Lumber Company, grantee, dated and executed the 22nd day if November. 1911. and recorded in the aflsj of the Register of deeds of On tonagon county. Michigan In Liber WWM deeds, at iage -30. Article . The office In the state of Michigan for the transaction of husi li. ss shall be kept at the village of Ontonagon, Ontonagon county, Michi gan. Article 9. The term of existence or this corporation Is fixed at thirty yean from the date here..f. Article 10. The names ,f the stock-; hollers their respective residence and thenumber of shares of stock subscrib ed for by each are as follows: Ienls J. Norton. Ontonagon. Mich igan. 3,700. Julia H. Norton, Ontonagon. Michi gan 45. rharles McPherson, Grand Rapids. Michigan, 5. NEW DIRECTORY IS OUT. Contains Lists of Residents of Han cock, Houghton and Calurret. The directory of residents of Caii; niet. Hancock, Houghton and Uuirium for 1812. issued by R. L Polk & '. Of Detroit, la out and was distributed OfJ Saturday. The book M slightls small er than the, previous one. a reprcm tatlve of the firm declaring that thnt are fewer residents in the four towfjfl included in the volume than wets listed in the previous directory. thsshfc I containing alphabetically arranged ItsU of business firms and private resi dents, the book also contains a dire -tory of the city and county OflsOSM, public and private schools, churches, hanks, Incorporated locletlaf, secret and benevolent Institutions and 1 1 . and locations of street-. bese!- s i rompleto business dtreel try of the four town in the. bach of the )...k. Theft ar altogether 71.' page. The book Is very complete so far as the four towi.s are concerned, bad many business men would like la . return to the formes ptaa of issuing rounty director). The firm Issuing the directory gave up the larger relontf about thre years ago t he receipts not being large enough to 'arrant Me -tra ex4ense Incurrc'. hut the n .tp t of resuming the issum . i directory embracing the entire county. I- bcfatSj taken up with busiin s firms, e. ord Jng to a r-;i- sent.it i o the 1 t'Ty people, and it i-- poSNible soiee way may be found Of making p leathfe the publi atioii of the more comprc- aoastvs oinnH, without la vol v lag nn. nncial loss. HOCKEY THIS EVENING. Mstch Between Canadian Soo and Portage Lake at Amphidroma. The hockey season In Houghton will open this evening with a match Iw ts.cn the Portage hakes and the Sault fte, Marie Oat teams, and will be a star attraction, which nndoubt. t!s will draw a large erowti of fans. The Harper-Thomas Go, UNDEHTAKER8 AND EMBALMERt Phons 14 Holman Bldg., Calumst, Mlefi AM calls attended to either day St night. Ws also handla fresh out Bass ft, s for anv ooeai MICHIGAN COLLEGE OF MINES F W. McNair, President Located In Lake Superior dis trict. Mines and mills aoceeelble for college work. For Tear Book and Record of Graduates apply ta President or Bsc rotary. HOUGHTON MICHIGAN Canadians have a couple of former in ternational league players and the en tile lmi-up of the visitors is said to he : a-i and speedy Manager Croze has peed swift bunch to pick from, in cluding Haug. MoCurdy. l'ryor Truth -,in. Shea. Haas. Clcottc. Mahan and Kxlev Joe Linder and Stroud will not play this year. The Portage Lakes have not as yet had any prac tice games with other teams, but will go on the ice prepared to put up a fast exhibition. The members of tho 8o team ar rived this morning and are registered at the Douglas Mouse The parts com prises . lasers from both the Canadian and American Soos. ana tne nsi o. those who came in is as follows: H. D. NK Samara. Roy Hill. Charles Kit d Taillon. J. W. McDonald. Muz Murray. Walter McLeod. Otto O'Donnell. I'hil Jacobs, E. Darling and J. Wray. Another match will be plaed to morrow evening and these two match es will be the only ones played in the copper country by the Soo aggrega tion on Its present trip. JUNIOR LEAGUE ORGANIZED. Younger Bowlsrs Form Association and Will Arrange Schedule. A meeting of the younger bowlerc of the county was held Satnr lay a. the Dee alleys tor the purpose of or ganizing a junior bowling league. Ar- tnur Marcott of Huboell was elected president and tlarvin Morton of Han cock, secretary, and a schedule will shortly he drawn up by the pre.-, lent The teams constituting the league are Houghton, Hancock, and the Calumet Y. M. C. C. Pre ious to the meeting a match game was bowled between the t'alumet V. M. C. C. team and Houghton, the tanaag winning two out of three games with scores as foMows: Calumet 6f", 750, 640. Houghton 687. 71. 695. DROPS TO 17 BELOW. Temperature Reaches the Lowest Point in Past Two Years. The mercury In the thermometer at the Houghton weather bureau fell last night to seventeen below. The tem perature last night was therefore the coldest experienced In nearly two years. At seven o'clock today the v. sal her had gotten slightly warmer, eight degrees below being indicated, and with a falling barometer and southeast wind the probabilities are that the cold snap which has contin ued unbroken for seven days past, the mercury falling lower each morning during that time, has been broken for .he time being. BODY BROUGHT HERE. Remains of Thomas Sylvester Arrived Here Today From Lapeer. The l,od of Thomas Ss Ivostcr, for merly of Houghton, who died last Pri- !a at Iapeer, Mi. h . of chronic neph ritis, arrived sit Houghton this morn ing, and the funeral will take place Wednesday morning from St. Ig natius church. artth Interment at for est Hill cemetery. The deceased was 50 years of age unmarried and was the son of the lat Hiry Sylvester, who passed away a few months ago here. Ho Is survived by a brother. Joseph Sylvester, of Houghton, ami other relatives In this lolnity. SUNDAY FIRE ALARM. A fire staffed ;it ab .ut :; o'clock Sun day afternoon In some clothes in it hallwav of the dwelling' over the Weir plumbing shop on Shelden street. A WJOSnSII living In the apartment smashed a pane of glass in the front window and shouted lire, whereupon tin alarm was turned in and the fire men quickly arrived. The blase was easily eattnjrulehed with several palls ful of water, and the services of the in en n . i , not required. The dam age was slight. Instruct the Farmer In Conservation Uy JAMES J HIIL. Railroad Or sanizir CURRENT nF THF GOSSIP O F TH E COPPERS By J. A. MINNEAR & COMPANY MERICA MUST GET DOWN TO THE SOIL AND tuuimt THE FARMER ON HIS OWN GROUND IF AMERICAN RE SOURCES ARE TO BE CONSERVED. TW fanner DDKS N'T PAY ANY ATTENTION to present inct!ifls for conserving lliu soil. He is BaWfl in tlie same way thai fanners have doQC through all the centuries. The same thing was lone years ago in Morocco ntul in the Jays of Rome. At one time in the world's history Sicily produced 12,000.000 bushels of wheat, and now it produces only 1.000,000. The farmer worked the soil as long as he could without thought of PERT (LIZA TIOX Much of the material written by agricultural exports for the fanners is prepared by men who couldn't handle a plowshare 1 the tried. The farmer has to learn to TREAT SIS FTSLDS AS UK DOES HIS GARDEN. What farmer does that? The rare liestowed on the garden U not half so important as that needed bv the fields. We must get down to the ground If we want to show the fanner how to get the MOST OUT OF IT. We must show him concretely HOW IT IS DOXE place cock. in Lakeside cemetery, Hm- SUPERVISORS TO MEET. The county hoard of supervisors will meet tomorrow morning for the regu lar monthly iession. It is expected that the poor committee will report N the matter of appointing clerk to as- s.st superintendent Morrison, and the 1. ridge committee on the iiuestion of aiding team t rattle across the hridge. brought up at the. last meeting hy Su pervisor Rourke of 1-Vunklln town ship. ;...........XXX"! e t HOUGHTON BREVITIES !!! I!!I!!"vl, Mr. and Mrs. James V. Wivell left Saturday fr AHuueriue. New M. i- io ,to spend the remainder of the win ter. A marriage license was issued bv the county clerk this morning to Peter Markovleh and Jennie KopaeTBtca of 1 'a inexla le. A meeting of the Houghton village trustees caaaain for ties acsse noon, having been adjoin ncd frm last Thursday afternoon. Props iaiOC John C. Mann of the Douglas House rata mad this morning ironi h visit t 'hicago. Mrs. Mann will remain at Chicago a short time longer. The annual meeting of the Coppaf Country I'air asaorlation will take place Wednesday. January in. when offic r will be elected and a report re ceived oa the last fair. Ke . J. fv Curzon, secretary of the flMh missionary department at the Episcopal chureh. with headquarters la -hnago. will deliver an address on Missions at St. Stephen's Kpisco pal church of Kscanaba on Monday venlng. Rev. Curzon w ill make his tirst visit to IOHc.inaha on that 000a stoa. Baoaaalai Mirrir. men In the world. Their possessions COBVtrted latO money would amount to i l in What these six men could do if they formed a comhination makes int. li sting reading. That they could pa England's national debt of K 7M.aM.99t and have taoUfJh to pur chase the National Gallery, the South Kensington museum and Kngland'r lirst class battleship, that they could if they wanted a country of thelt own. buy Stot land, which is valued at 93O.0O", Oaf, or that they could easil create a coal famine, are Interest ing details. Hut what appeals to us is the fact that by a combination they could pay all our taxes and telegraph lolls, WBictl amount to only 150.000, otto a year. The matter should be broachl to their attention w ith the as surance that the Knglish people woiil. be profoundly grateful.'' l'or the llrst time in his llto Dr. D. K. Pearson, who about a y ir aft Batft way the last of a ?,900,HI fortune found himself in a position win re In w as unable to bestow Christ inns prev ents. ' I can't afford it," explained the old mail to a calh r at his present residence. the Hinsdale sanitarium. ' I only saved out IW.9M for myself, and 1 don't know how Ion;; i ll live. LIFE SAVERS' REUNION. Captain Thomas Mefoimlck return ed Saturday from Harbor Ueach, where he attended a reunion of the ap'a.ns ot the eighteen life saving stations of Iikcs Superior and Hur' ii Wednesday and Thursday last, as guests of 4'aptaln J. O. Klah. super intendent of the diBtrh t. Capfaia M"- 'ormlek reports a grand time. H Imn quet being srved on Wcdncsda. night, an BSJSSf taUllMSItt by the II ulmr Bl ell life sftving crew oa Thursday and a smoker OB Thursday night by the laisiness men or Harhar staMfa Wliilo away Captain M ''ormlek alsi vlsitid In Detroit. DIED AT SANITARIUM. LatMa Selkkinen. th twenty year Old daughter of Mr. and Mrs. Mattl Seikklnen sjf l aliunet, died Hatunluy afi rnooii at the eoontv t uherculosls san Uhrlwn, on the south side. The fun- ral will iw held tomorrow afternoon I r i- k on. In. if d li 1 . Matt Pesonen of the Hnwurk Klnnlsh Luth eran einireh, and interment will take 97 PER CENT PERFECT. An Unusual Record for a Pile Rem edy. When Dr. J. S lconhanlt, of l,n coin. Nehr., oated the causes of pllea ami found a successful Inward rem edy for piles, ho had it put on sale under u strict guaranty of Mtisfactlon In ten years only .1 per cent of HKM- Kiim users have asked for their money back, and it speaks well for this scientific modern remedy. fJet a guaranteed $1 package from Kagle Pharmacy. Calumet, Mich., and Mur ium Pharmac, Murium. Mich., or any druggist, or write to Dr Deonhardt ' o Hatlaa It. Huffalo, N V.. for free Basil R'UD booklet. : HERE AND THERE :!!,, Some large bas-reliefs dating from the stone age have In en discovered at Lariosel. in the p rem h province f! Dordogne. They are sculptured on the roek of a shallow grotto 41ml rep resent animals enl . It is thought that the primitive sculptors probably re frained from lataadsjehaj th human figure in art l a use f a talmo siiui l if to las press nt M.iheinmeilan pro- hlhttlon of s 1 1 h rapreentailoa. The nlasahl shown in the reliefs are rein deer, oxen, bisons and a huge horse. At Pan. M. OoPf has made In an iai uiiaas Mm raesjrd af 4o miles in eight hours and seventeen minutes. As the year is finished, the figures may Mand for Lfll, The record for IH1 was lit miles: for IHOH. si miles: for 1H08 77 miles, tor 1Uo7 and 190B in paJaeaj (tha Wright brothers making no (lights these soars), 2.T,:P feet and 71:' feet, for P.tnr. (Wrigiits), J4 miles: for 104. miles; for 103. sr.J feet. 1 roin Bantoe-Dumont's izz feet In P"t to Cohe'x 4fi0 miles lfll is a swift de velopment of the power of sustained flight. New York W'oild. The Sultan of Zan.lhar, svhosc ab dication is announced, has enjosed the unusual experience of marrying the same w if. twice. Some sears ago he divorced the sultana, h daughter of the amaum of Muscat, who, being a rosal princess, was hip nl legal Wife. Ills ministers sM-re miudi ierturbed at this as the marriage had tieon arranged for state reasons, and the sulla 1 1 had done nothing to Justify her husband's ac tion. Ml' 1 some pressure the Stlltal 1- sented to remarry her. There were difficulties In the w.iv, however, as icc.rdlng to Mohiimmedan law no re mnrrlage was possible until the ex sultana Imd married some one else. Ksetitually she was married to the sul tan's brother-in-law, who Immediately divorced her, and she was then inlted to BeyjrM ll. Two divorces and two weddings within six weeks constitute a record hard to beat. Lon don Chronicle. "If the writer in the Strand is cor rectly Informed." says a Imdon cor respondent of the Vienna Post. "Rocke feller. Morgan. Astor. Straiheona. 'ar negle and Rothschild are the richest What cluelly si tuck oik.' at the fun eral of the late Huron I'.ustavv dt Rothschild was tho gnsat multiplicit of relatives de. eiuled from his- father, the first I'.aion Janus, the shrewdest and most funnily humorous ineinhci 1 the Paris branch of the Rothschilds, that he founded. Among these de scendants were .1 sop. grands, nv and great and great -great-grandsons Rothschild. Lauiln rts, Ltaminos, IJt hrussis. Stern-. s-soans, 1 in',. Pay. They represented not only the prin clple of blH)d n lationshlp, but the fi nance of Paris. Pruss ia. Qenoa, Milan. Odessa, Pomliav, and Calcutta. Among the numerous multi-millionaires de scended from the first Pa i on James there was one ss ho devoted himself to medical science, dramatic literatim and the collecting of antomaiihs of Kt. it writers Baron Henri, only son of the second Pari. 11 Janice. London Truth. Nature's Beauty Hidden. Nature, as we all know, is never at home to the mere sightseer or idle spectator. Stare at her straight In the face, nnd you will ige nothing; It Is only the casual side glance which is rewarded by the sight of anything new or substantial. Henry Q, Merwln As Yet Insxperienced. The husband who haH not yet learned to wear a smile over an ach Ing heart still has rlci In his pockets Exchange. Plfty thousand tons of burned daily In London c 111 1 ACKNOWLEDGE II Calumet Has to Bow to the Inevitable Scores of Citizens Prove It. After nailing the public statement of this representative cltlaan of Calu met given below. oii must conla to this conclusion: A remedy which cur ed years ago. which has kept the kid neys In good health since can be re lied upon to perform the same work In other cases. Read this: I M. (Jillett. 701 Kim St.. Calumet Mb p., says: I have often recom mended Dunn's Kidney Pills and know that they are a fine medicine. My kidneys were disordered and the ac tion of the kidneys too free. Mv ha ached and there were also sharp pains In my loins and aldi i. Itelng told that Doan's Kidney Pills were a medicine to use I gave them a trial. They re mosfd the pains nnd my kidneys he came normal." (Statement given Aug 22. 1910) A YKAR LATER When Mr. ftlllett was Interviewed on November 16. 1911, henald: "The re- raf I hava received from Donn's Kid ney Pills has been permanent. My for mer statement given In their praise still holds good." for sale by all dealers. Price ."0 cents. Poster-M I Iburn Co., Puffalo New York, sole agentlffbr the Pnlted Stat.s. r oiemher the name Doan's and take no other. NEW YORK, JAN. 5. lntlucmlng factors in this week's stock market have not been assay and the speculation has not maintained the hopes id Increased uctlvity ut higher prices, which vvcic .H.ite freely discussed last week. Leadership, aa usual has ban maintained by the old line issues of Steel. Union Pacific anl Reading. As lo 'ho f mat ST. It continues Its curious moves within a range of 1 or 2 points, vsith such close hnndlliin that even the report of new tanfT t ill affecting steel products has lli;ide but little change In tin- price and the street continues l uxzlcd to understand the long contlnuuncc of the appar el meaningless i.otatioiiM being made. Tha various annual financial reviews, which have been piintcd. contain a god deal of contradictory matter , ov. r- ing general business results in 11)11. but apparently are i.icttv fair unit in pi 'pucMaug uo oiuv profitable 1912. dmissions are freely made that the active valuta o! business now doing is done ui n bucmiicu 01 pi ... wtMk there Is no more accurate Illustration than the show ing of the Scars Roebuck company which on u largely ln- ci eased turn over hardly comes out as well as a year ugo. Railroad earnings continue Irregular, while even the southern toads are not showing the gross increases which the large cotton crop led is to anticipate. mm... k.,.,.1 ,.,nrit..i nmieiirK to rellect more of a demand for second grade stufl tha i anything else, evidencing th' inxletv of investors for enlarged income. With -itch small pubilo participation In the market and apparent absence of any sustained and vigorous lead ershlp. the bull side docs not look Uite as Inviting at thH 1 aaiiat. ami it mlht well be that stocks are being sup plied as ai et ully as the market will absorb them and that the reactionary side will be more in favor a little bit late r. Hem e, while we base not abated our general bulllsh-.w.-o u i,.eu li.nU- to os as if the exercise of patience will uirry with it an ability to purchase particularly the rail 1 issu. s at .1 somewhat lower level in the very near futuie. N. J. Miller, of Miller 'o BOSTON, MASS., JAN. 5 14- cents Is the price established for electrolytic copper at the .resent time and the great bulk of sales to dato call for delivery previous to April 1st. Producers ate not ahowintr nnv desire to sell copper ahead of that date. Principal buslnes above the 14 cent level has been from flfSaaaHfl sources who probably never buy any cheap cop per. Kuropo puts the price up and America pays it. That's the was topper markets have always worked in the past furnished precedent for the future, nnd are acting now P ports for the month again bid fair to be asvuy up in the clouds and it would surprise 110 one if the reduc lion paras af last month, r-,000 tons, were exceeded. Mint 'ay we get the Producer's statement. Deliveries It i r.r,.iteie.i will be iibove Ifst month, while there will bl bl RM little increase in production. Estimate run from 20 to IMMjNt pounds decrease but forecasts are the rankest guess work, and have rare ly come any where near the market. Two things are not guess work. One Is that we can sell copper we are prodiu ing and that we are likely to produce and the second Is that trading in :he metal around the 14 cent level, chlelly ,,,, the upper side has btea more brisk than at any time . hen com er was 2 cents cheaper, the pound. At this level a year's operation night to make considerable dlf letence to those dividend payers that have been making money dining the past 2 tars. It is due to candor to say that very little slock has been taken In this copper market so far. It Is so stron and sound that it will force that attention if It is ItOl granted In time. J. II. Codv of Miller a 'o MAYFLOWER AND OLD COLONY In continuing No. IS diamond drill hole Mayllower this week encountered a second lode said to lie even more promising than that disclosi d hy the core obtained last week. The recent discover was made at a depth of about 1.300 feet. The vein is separated from that shown las' week by trap and it may be that there is a spilt in the lode. It i. richer and wider than the lltsl and offers : it promise! for the future. As yet it has been iinp sslble to correlate the riirnl discoveries w ith other lod-a and for this reason H is pro posed to continue the hole until the conglomerate Is r ai hcd. As a result of the announcement that May fb wer had a new lode the stock advanced to 3 yester daj afternoon. Old Colony was stronger In sympathy with the advance in Mayllower. In a great measure the favorable news af on.- ssill rellect itself on the other, the two properties bahhf adjoining and controlled by the same interests. dd Colony Is boring No. 13 hole which is now about 400 feet deep It is going through trap and m important develop ments are expected until a depth of II bout IM feet Is reached. No. II hole, ol' Mayflower, 1 tlo far ditant from the old Colony boundary line. SANTA ROSALIA The annual meeting of Santa Rosalia shareholders will be held next Saturday. It Is understood that at that tlm. I report will be submitted outlining the work done In the pnt year and plans for the coming year will be discussed A financial statement will likely he presented at the same time. The stock, however, has bei -, weak due to the as- surance that at an earls da e an assessment mi nouncenicnt would shortly be made. It Is Impossible to state what this will be, Lut reports have It that the cull will be all the way from t 11 to fifty cents a share. We baNatt that tht asscsHimnt will he about tsvcnty-llc unts a share In two or thrc payments. GIROUX Otroux became quite active and higher yesterday on Un report that the .oinpany will shortly enter the ranks of IM producers, it is not known where Initial shipments v III be made, but It Is quite likely that arrangements will be perfected, so that the Hteptoe plant will handle tJIroux's ore. The affairs of Olroux have been shaped with the sicv t making possible production of close to 2.000,00f) pounds of copper per month to he gradually Increased. The company Is doing r.nslderable development work and during the past two vc-ars hss opened up large bodies 'I' fc. I , I t m. 1 ' "' 'iiioux simu is now ta roet below th ( ore. 14th leve,. and it Is proposed to carry It down to the ISth level It Is estimated that nlready there are close to 10.ooo.oon tons of ore averaging two per cent or better developed; In addition, there is a large body of high grade ore exposed in t rrltory tributary to tho Alpha shaft. Aa near as can be ascertained, Olroux haa a little more than ia,00f. in its treasury, if ins ooaipaay noes hi immediately ship high grade ore, it may be neccsary to pro v de lut tli. r Bnunclng. if high grade ore shipments are started at once to the Tooele smelter, It Is believe,! thai sufficient pro lit will be derived to continue operations with out aus further Baanetaft VICTORIA Victoria was iui?e active aad higher this saak, da to favorable developments in territory tributary to the. m m No. 2 shaft. No shaft is now over 800 feet deep and Is gattlafl Into much letter ground. A crosscut is now being extended from the 12th level of No. 1 shaft to conn., t with No. 2 shaft. It would not take much I :' 1 betterment In mlneralizat Ion of Victoria's vein to make this property a vis proAtaMO one, for with Ha excellent water power, Victoria is able to produce at a very b.sv cost. Were it not for this fact, the properly would have been closed down years ago for tho cop per contents of the rock now treated are tho lowest of any mim producing in the Lake Superior district. ALGOMAH Directors of Algomah this week announced an assess ment of $1 a share, payable January 22d hy stock holders of record Jan. 20th. This assessment was gen erally expected; In fact some shareholders looked for a call id $l.."0 or $2.00 a share. In announcing the as sessment. Tie ident Dow gave out the following informa tion. "The luaiidaiiisiil of $i N per si, ate aalled oa AhBMaah win provide $70. (Mm for future davsloaasaal as tha com pany has now no outstanding indebtedness. v Droaaoat from tha battoai of tht shaft at a depth at 212 feet hi being driven to Intercept the two lodes dis closed by the No. 1 and N . I drill holes. Both lodes were from 30 to 40 feet vs idc, X.s I showing nuggets and con siderable tine copper. Another tine looking amygdaloid waa . 1 countered at a depth of 2.090 feet continuing in the lode for 22 feet. An accident to tho drill rod delayed fur Mi. r work for several days, but drilling is now under way again. The cores from this lode show more copper thun tin one above." SUPERIOR & BOSTON Superior & Boataaj is extending Its crosscut on the Lttfl level to intercept the (Sreat Eastern vein. Within the next ten days, news af tin Important nature should bo received from this development work. If the vein shows the same grade ok- vvhiih was disclosed in the diamond drill inre. there is 110 doubt but that tho stock will en. Joy a substantial advance. A station pump is batog installed on the 1,200 level, aid while so far comparatively little water has been en countered, the ainsfoannl hi srepartaa for any amount that may be developed on this level. At the present time, the cms ut is passing through hard diabase and with this toi ination continuing, there Is little likelihood of much water being encountered. Most of the water that Is now btSaUJ hoisted from the McOaw shaft comes from the SOO and 1,000 foot levels, where considerable aaafhj was en countered svith tha water percolating through this ajaarta quite readily. During the past ten da I UvSN has been an nn itmiiln tion of buyin - orders Of Superior & Itoston fn anticipation of favorable developments at the 1,200 level. NORTH BUTTE North Butts eetitlaaes to bt I ssarket mystery, oniin- nrily when supper shares are a trifle week, North Butte stands out strong, and when the general mar ket is strong. North Butte does not re I poml. 'I here Is one conclusion that can be arrived hi from this action and. that Is: possibly some Interest are end. a s oring to SCcunri ate a long line of the .stock. It was reported late this weak thai OB llM 2, SOD level a stringar of ore had ban saooun tared In the craaseut, bad that it had not been followed so that identification wa. Im possible. The stringer showed ore runlng about 3 lu copper, it was also reported thai ore had been anoount red in the MM level, bat this was afftotally denied. News of favorable developments at North llutte when .tibialis COB trmed will be the signal for heavy Investment baybjtg Of this kMU When the Edith May and Jessie . m r foaod M the MM and MM levels carrying commercial re iii .piautlties. it wlH ni an the rejuvenation of North Butte and the stock will h- worth at least double present quotations. On the Contrary; IT developments at thosa two levels pros-e aasatlafl tory. the future of North Butte v ill be unpromising ami the life of the property limited. Since the abose was written we learn from an official W nice thai North Butts cut a stringer in a crosscut going v 'st I'"' that as it was not the Kdlth May vein no further at tent io is ROW being gis .-n this And. hut th crosscut N being .'risen It is not at all unlikely that the Kdlth May will be found, within the next fifty feet as this strlng- m '-in be correlated with similar developments in ths imtto Hallaklava property, from tin ource we learn that the north country Is showing up sets sa I isfactorlly. GREENE CANANEA. It Is aXpSi t. ,1 that the toeeton of the Greene Canan. a subsidiary companies will meet s,nc time this month to ilk- action on dividends, which will result In Greene CanareM autittag aa Initial disbursement in the very near future. It Is Impossible to forecast with an degree of ac curacy just what amount will he paid. " ' '" -"nine approximately v.e J share with copper selling at 14c a pound. This wouiu make it possible fr dividends to be paid at the rate of . oeatl aniin , Ms and still gin the company r,r amount M HM to its s,h,is aeoeant ha company i also in a peel. I "" " "" reaet its eutpul ta Itu ta aary dose to M.MMM P"'.ds of Copper and If thl.s is one M , hals f dg ,. '"'';" ( ''" fananea's earnings should be in excess or I Ml I Shale. Caaaaag has over IMM shareholders .,n its books IB "II Probability v hen disbursements ,-.. begun they will be semi-annually thus eliminating a considerable ..mount af clerical work. Mom an official source we loam ': ' ''" "'HI meet the latter part of this month for dividend action and that the initial dls '.u.scnen, win be made m Kcbruary. As ,0 the amount "m "" refused to venture any "H'H-.n. but It Is safe to look for at .ast 25 cents per " tlvldahd as high as 40 cents would no, bt a: all unlikely. 99 (Continued on Tuge t.)