Newspaper Page Text
MONDAY, JANUARY 8, 1912.
THE CALUMET NEWS PAGE SIX V -1'" '- . " " " ' 7Zrjs sjrrr ' MMeMOMM0riMNMW I'm M.NBS AND MINING, STOCKS ASSESSMENT ON SANTA 25 CENTS Itf a well as the responsibility th lttr WM hn "1VB 1,. I it eittallsd. aa huwvr, taken considerable distance toward the ve or ti MtfMN ..r offering to those but wrk has been .topped because h ha. I made an actual investment in th. stock of the old company, an p i..rtun!ly to again become interested it. the .rop-rty. n- vendition being rhat 'hcv hir their share of the o..t i't , .:. n I the :rea.:r. -Thrr are on t ha property suffloiet dwelling ai-commodatkMU for preset purpose aa veil as blacksmith an naihlne shops and equipment, tw ... i .i .. . iM.ni.Mk i n Mnoiv hiiiti. four Doners, a cosai 1 1 i the Immediate iyment of a smnll aa- drilling machine steel, electric gea l juajml This waa paid and the eratr and engine, store supplies an rreater portion was Immedlstelv ab- aood. Everything is la ceedlttant m ree M pesaesBI ,.f the claims men- mine and machinery, to do auccattafu Lioasd legal expenses, mat of Incr- wk as aoon aa funda are obtaineJ I ,.. ration etc. leaving only a snw II ! repair tr mill and ry for labor. MMSJBI fat carrying on the sork at In cloainc I wish to thank my aa Um min-. We are not. however, initiates for their loyalty to the inter debt. Such money aa remained if. th ' -t of the company. They have neve tren.urv has been expend, d in ex- heaitat-d In giving their beet effort t.r Jiii operations as far aa possible in its behalf.." a Ith the following results: Fir.anc.al Statement. - .v vitA-trmt iv! The capital stock of Santa Roaa'.i. ia tease- leasee saaaaaa. oar value "Resolved, that call, or assess- th-re lias opened up a 24-incn stringer " ahr aaiaa sses! sseal of lwety-TS - aar ar ,f ara. which ahows assays as high as, I,?,!. VTVI' - ;; Th" -Trihe'r;'' SS5J? ZEZ t all th- outstanding capital oet f " f. -t '-ast. and a ratae from the S..0- - w " ,. rwmber SI this..,., pan,: that ten cent, per share foot level east, both rto stringers Hill III Ml I l Dmber 11 l aiU call shall be due and payable of r. 1 valuea Thla la In virgin! on .r iM-fora January JSth. 1911!; that ground. The walla of the vein, where- j five cents per share of aai.l .-all aJaaJTsr opened, are well dertned and that, Fom hsseasment . . ... t I Prom ore sale :.. .ir..I .a . :. ( ! .r. March the v. in c. .niinue in uepm i umi-u.- lata, 11:; that live cents per shire strati ! by the fact mat. in sinking io shall iw due and pa able on or txfor-' the .".0-foot level, the shaft paaaed May 21st, 1U: and that five cents through the vein at 4 feet below the i-r xhar.' of said call shall lu- a.lit level tnus leaving mr MADE PAYABLE IN FOUR IN STALLMENTS PRESIDENT E. D. JOHNSON REPORTS TO SHAREHOLDERS. At a meeting of th- board of di i aj of the Santa Kosaliu Mining Co., held at the general office of the company, in Calumet. Michigan. ,!, I I.- :I.O. I .'.'II'l. :-ll. I ) corporate uctlon was taken: $: MM 1.030 II s;.o2 s Disb;irement f'laims account an.) i... ... I-:- ..n or before Jul .'.nd. the hanging. ..r s-uth aide of the shaft, j Operating ezpena l!il-'. H .'4.'.M - Legal and Incorporation pease Calumet office i, the "'(.-foot level the former man- L that on and after Jan- ag. rr..--,- r..ss i ut north and drlfte i ..r.t. , i., ..t ....-I. h'aci , .. ,-ral huntlrel 4ert. of th s company shall" b- made upon No w rk was' done at the 40-foot Accounts receivable .. the bo d:a of this cornany. unless the cnsMlng. Aa aoon aa possible the shaft j fah on hand st I .ertif.eate shall show $2.30 paid be unwatered from below the 350- it ..n ami after Mar.-h iKth, lVi:. ! ,..t lev. I an.' work begun at 4 feet no transfer of st.x Ic of thi coanpan: vhcre the shaft went through the vein, j Leas accounts payable shall be made upon the hook of tfcis The cnipany Is now aacklng ore. fr..rn - - - - -' - - - tk 1 ...rliti-ali. vur .1 r. .m i II v StrinKeTS. sAllt 1 s) all h..w I1JI pgJJ In: that on an.1 fe. t west r shaft on the 250-foot lv after May 2tst, 11 2. no transfer of ,. Several tons of ore are sorted and gpnch f this company shall be mid- sacked, and will In a few days la- en ssagsj the b...iks of this company un-i route 14 the smelters. s the st k certificate whall ssowl Th.- vagi of sorting ore by nanu is 1.. ..i.i if uni liiMt aa am! after vtrem. I alnsi and leada to the dls- ex- 3.:..M "1 expense 1.182 08 2.713 r.i 2.001 eo HMM 65 Ore In transit, sale of surplus machinery and sundry ac counta receivable, estimat ed 6.500 00 MARKETS Boston The activity In the ssjsj list le M July :.'nd. IS! 1, no transfer of st ..f this otmany Khali be Btgata Mi the b.M.i:- of this company anless p. ... k certificate shall show 12.45 hj Pres.dsnt Johnson's Raport. Presldenl K. !. Johnson makes the f. l!. irix r.-xrt M sto khohh rs In be- t .i . i..,,... . .. lata - rfcsl n.. .niti.,n r,r our finances will strensth and closed st the too The office af the Sant.i I'.saha i;.ld Mln.-s a'low. t-. tart the compressor, there-; balance of the list was comparatively cmpao . ha.l be.-n rasssSVssI fr -m 'alu-J hy tiring gsrsjT with hand work, which j dull but no stocks were offered. Tha matt tha management found ttn-lf so J has acompllshed so little during the , traders all -eemed to be waiting for - flni.r.i:.iiv that it was un-' iu.i v -Ar and which will make pos-' ;he for. per Producers' report which able to meet certain claims, which if ble -nre frequent shipments In tho taken Into court would enable . lalm-j futur. untx hj attach the mining property. I The company owns seven claims as i,n.l there being no im-n.-y in the treaa-j fi(,ws: La falifornlu, Ranta Rosa- nry to meet hsigjfnent, the propert y I n-i. Km Jos.-, ;..llen Hate. San Fran f sood ores that may b- prof- n itably bandied by machinery. At tht . ent w riting there is being inUalle.l aja crusher and Jigs, which will enable ' ... ... in. thla an well as en dder- able lots of ore which are now on the was confined largely today to special (shsssi There Is at the mine an old ties, old Colony and Mayflower occu- ' ten stamp mill which will be put pied a large part of the trading. Roth i,,.,. o. ' h.ue. We Intend, as soon stock" showing great activity ami -n ill be issue ! tomorrow. We get very encouraging reports from the metal market and feel assured that this rise in the metal is based on genuine con AmmbJ nrwt ihnt tliu r. InAB y to meet jlDlgmeni, llie IO-. ta. Mil .lose. ,01 leu MOir, ,ian . - "rmaiiu anu ......... ajM BSMsj from th. ua)ajafshll of the r.K-.,. Mina Santa Rosalia, and Los, will enjoy the present price or better .. kh.-M-rs sjf the Kant:. RssssllgQoM Angel-s, all In the mineral zone. In ' for at least six months to come. Hut ny ii 11 1 1 in.- cvypwi in of muh higher prices In the next few month. Fost.-r of I'nine, Webber & Mines impany. At this Juncture; 1 hen th.re were but a few day-, left . h-r. In to t:ik.- a. Hon. n few stock .1.1. rs. knowiriir that Hie pioperty nM .f great value, rulsed sufficient lon.-y to buy i p'.rtlon of the claims lentloned and become resiH.nsible for Hi- balance. I tie mine ami an per- , lining th.-reto thus became th. ah. j ' ..lot., i.n.nerty of .. few p. ..pie. This '-. P ATENTS Product Fortunti KIZF-S fO: pjitnU. Book on Pteft. " illliU All sent Ptm to ... 1 r own muiiel fur Main Inventors fail." B08TON 8TOCK8. From Pains, Webbs' Gay A. Sturgis.) dL Co., and 714 The Calumet News Ads Get the Business The Best Burglar Insurance I Policy Ever Written m i t ? ? m 1 a checking account with a bank: saves carrying a lot of mone around with you and yet von have it any minute you want it. It all persons carried check ing account! and wore a check book in their inside pockets, the hold-up men would go out of business. I The First National Bank OF CALUMET a eeeeeee-eesjesj Paine, Webber & Comp'y BANKERS AND BROKERS MEMBERS Boston Stock Exchange New York Stock Exchange New York Cotton Exchange Chicago Board of Trade BOND DEPARTMENT 1 W. L. Stannard, Manager Calumet Office ! H 1K Atrial Allouei Alffomah Arcadian Butte St Balk r. ..lition Oop;er Ranee C A C H Centennial , . . . Chino Daly West East Butte Franklin Olroux Oranby Ureene I'an Hancock Hedley Gold Indiana Inspiration Isle Royale Kerr I-ake. Keweenaw Lake btaWlla Live Oak Mass Miami Michigan Mohawk Mayflower North Lake Nevada Cons, . . . a North Butte 284 NiplsKins; Old Dnm Osceola .-109 OJIbwiy OM Poiony r Parrot H Qulncv c "fi Ray Cons Sup. & Boston 3 Hui.erlor -",E4 Shannon Shattuck 19 Tamnrnck H C. S. Mnu sfi Ctali Topper r,7,'4 I'tah Cons 17 VIctorLi Winona v W'olevrlne '00 Wynndot . 4 4s 22"- 55V 62 440 . IT's . 12 11 . 44 . 37 , 4 . 11 . 14 Va 10 . . 2 1 . 37 . 54 42 , 84 . 2S4 2 . r,74 . C4 . 64 . 20 Zinc 44'4 64 44 44 23 :,6 63 442 l'-4 6 13 13 44 38 84 so 174 ir. 104 224 24 14 38 R4 424 84 254 24 574 64 7 204 284 64 474 1084 5 54 14Vi 77 1! 4 30 104 19 32 36 V4 674 174 4 4 102 24 264 distributed by professionals who be lieve they can buy them back in u taJ weeks cheuper. The buying pow er, however, was good and the close found pri. es little chunged for the day. Copper shares lor the most part were firm. Sales of metal Saturduv were made at 14 4 cents and that price was bi:l for more. Copper shares must advance considerably to dls count this movement In the red tnet .l C. & A. was well taken up to $63, Isle Royale was also firm. Locally, Interest was confined to Old Colony, Mayflow er and Superior and Boston. Old Col ony sold ut $5.1'."., Mayflower. $6..r.0. Lare lets of Superior & Boston trad ed at $4. The announcement Is made of the plans for consolidating Inspira tion and Live oak. Two shares of Inspiration will be given fajf BJM share of the new Inspiration, and for each share (1 Live nak two shares of new Inspiration will be exchanged. In ad dition there will be Issued $6.000. 1 in bonds. NEW YORK STOCKS. (From Gay & Sturgis and. Paina, Classified uda bring results. Webbsr & Co.) Amalgamated "' A naconda Amer. Car " 1 i....mnl I ve 36 4 Smelters Suavir HI Atchison B. ic 0 1N B. R. T 77,4 .'ana.liaii I'acific 23.'.4 C. A O "31 Erie 3,,4 ijt. N.-r. I'M 128 Cons. Oaa !3 Mo. Pacific 394 Northern I'aclllc 1184 N. Y. Centrnl 1064 I'eiiiisylN anln 1284 peoi.ies Oaa M Rending 162 St. Paul So. Railway 28 4 Cnlon Pacific ' Tana. Copper 38 4 St.-. ! Common 684 tati pfd in 664 37 4 r.34 3C4 734 nr, 106 104 78-4 234 4 734 314 128 141 394 11S7H m 103 1514 10 4 284 1704 S8'. l'.T7h 111' 1 J. A. Minnser A Co.) Bid Algomah 54 Aflwieek 245 Butte Balk 4 4 Bohemia 3 Chemung T.BId Chief Consolldutel 60 Columbus Cons J Cortes 14 Chino 64 Calumet Corbin 13ax .'alum.t & Mont 13ux Cbjtfjta Copper I flTlttsU Cons 4 4 Oreene Cananeu 84 Houghton Copper 5 llomcstake 87 Hancock 30 Indiana 14 4 Inspiration 104 Kewc-enaw 1 Kerr Lake 24 Keating 3nx La Ros 34 lake Copper 37 4 I S. & A 14x Live Oak 42 Miami tStf New Keystone 24 . w Baltic 54 Nliwssing 64 North Iike 64 Onevo 2 4 Bid Old Colony 6 Ray Consolidated 184 Ray Central 14 Shattuck 19 Santa Rosalia 15 South llecla 30ax Superior ,s. C,. .lie lOax Superior ft Ronton 34 So. Miami 24 South Lake 54 Tuolumne 34 Tonopah 6 4 J. A. MINNEAR & CO. BROKERS MARKETS AT A GLANCE NEW YORK MARKET IRREGULAR. BOSTON MARKET ACTIVE AND FIRM. OLD COLONY. MAYFLOWERAND S. & B- ACTIVE IN LOCAL LIST. PRODUCERS' STATEMENT NOT OUT UNTIL TOMORROW. Salt Lake, Cobalt and Tonopah Slocks Quoted Constantly Calumet, Mich. Laurium Mich. A'iked. 1 4 260 44 34 .65 .80 14 264 4 4 84 64 89 30 4 144 104 14 4 374 4'J4 25 4 2-4 6 4 54 19 14 1'", .20 44 24 6 34 Direct Copper Wire Con necting All Our Of ices With Boston and New York Giving Our Customers the Bene fit of Instantaneous Service GAY & STURGIS BANKERS AND BROKERS MEMBERS BOSTON STOCK EXCHANGE 101 Milk Street Boston. Mass. Calumet Branoh: 108 Fifth Street Phonow: North 813-814 Roy A. Youug, Mnnar 1 EMPLOYES OF THE Calumet & HeclaMn'g Co Whs wish to asll thair houasa or buy houaaa n Co. Land; who hava rooms to rent or who wish to rant rooms, ara mvited to advsrtias in thia eolumn without any sxpsnas. POK BALE 9 -room nouat, modern conveniences, at earn hent gooA foun dation and plum bins. Apply 850 Cam bria st.. Calumet. I-OK HAxThV-sm Tunnel a,u KOK SALfcW-room house, 4087 Cone at CURB STOCKS. J. A. Mlnnear A C& say today: It wax (ttltp uiipurent thut in tin New York mnrket. xt.H'kH were lielllir Jan. 2, 4, 6. s, in. 11, 12nnd 13, 1912 Tin- Biimajl mast lag .f the itaok holdari i' tha Centennial Raich ta Wat- t, 1 oompajm mW ba haU t wiaa IfiMM Company s hull, Centennial ilhtHv on Satnr.hiv. Jan. 13th. at H p m for the purpoao of ee. 1 Inj? rllrector for the ensuing year mm loi the tranaaotion of any other liusi- ihnt mnv lawfully come befoia Hinh moetlnK. A T). Nicholas, R v. laoTSCat The annual meeting; of the stock h,, I. lets of the Florida Water Companj f..,- h ..i.-etioti of director- ami the tt ansnctlon of other bustnesa, will b held January 13th. 1912. at 8 o'clock P. M. In the Finnish Mall. PWIds Lo ( ition. IIoiiKhton County, Michlaan. HlRned, Arthur Know lea, eod 13 Secretary. PORCUPINE STOCKS. Pearl Lake 40 .48 H..llin..;,.ollinn.r 134 13"s Porou. (lold 65 .CD Swastika 20 .23 Por. Central 34 Dome Kx 60 .63 PreHton 12 .IS Crown Char fit .65 Ilea Cold 2 4 2 4 r'OK SALI0 House, 1616 Heels aL FOR SALK 9 -room nouse, 710 Water works at. z KOK HALU Four-room cottage, 2201 Middle at, Calumet. FOR SALE! Five-room house No. 2403 B street. Apply Jan. Barnette. I F(K SALhi 9-rooni house, summer kitchen, coal abed, barn room for 3 horses, etc. Apply 150& Hecla at, Hec- la. OFFICERS ARE IN8TALLED. Calumet Section No. 1, Junior Temple of Honor, Holds Meeting. Rope Of Calumet Sevtion N. 1, Ju nior Temple of Honor, installed the following; officers Saturday evening at well attended meeting: Worthy Archer Ruaaatj starry. ! . r. her I la 11 Id Sod.h . R. H. "lnrence Sleep. i'sher Oottald ( lds. A. V. Clarence Walters. 1 W. William KpUtt. 1 V Irving; Thomus. A arnernor. nnd first, second nnd thltd IIHHlHtnnt gov.Tnors Vtlll he elect- ed lit the next meetinv of the hran. h Thursday of this w eek. Arrangement - are being made to hold a not la I ass nion In the near future. : THE NEW YEAR STARTS NEW SERIES. NORTHERN MICHIGAN 4 : BLDQ. A LOAN ASS'N. FAUCETT BRO8. A QUCK, I AS'ST SEC'YS. PRACTICE GAMES ARRANGED. Co. A Will Be In Good Condition to Meet Marqustta Five. Member of Company A. Kngineers. basket ball team, who will meet the Knlgjlitn f Columbus team of Mar quette Thursday evening In the Light Ounrd Armory, will he out for practice thla evenlmr, nnd ajasj play n practlaa match with the Y. M. C. A qubsiatto W. dnemlay evening In the V. M. C. A. am. The members of the local squad who will he wen In practice thin eveirhig ar. ll.rrlrig. Kenjatnln, Cook, lbir Johnson. "Chubb" Raton, (i.n. h.. Will JohnHon. Mr. and K. Chrlstenson Sul Hvan and Krupp. The tearfl Is fast SeMlng Intr. Jftiape, a id expects to make a go.. showing agalmt its for midable Iron country rtvala. KOK S5A Lhi 11-room houss. Apply 260 Kockland s X KOK SALK Lot 8, block i Wolverine L, Florida. Apply at Mrs. Chap man's boarding house 12J Kears&rffe et , south. FoK SALK -Kwen room house. 3C'J Caledonia at., Calumet, Mich. FOR BAUD 8-room bouse. No. 879, on Caledonia at Particulars at Wlck- strorm & Co.'a store Pine wt. TOR SALE) House No, 447 Caleaonta st . Albion. FOR SALK -House No. CS5 Oak at. Yellow Jacket. FOR SALE 6 -room house and ba;n. Apply at 363 Caledonia oL x FoK SALK 6 -room house cheap, 845 Caledonia st. Advice and Assistance The Calumet Statu Hank la ever ready to Milvisc and assist its depositors in every possible way that is consistent with busi ness prudence am) extends every ac( ommoihit ion of .sound banking procedure, We raapectfaHy invite your ac- OOUnt and hanking business. CALUMET STATE BANK CALUMET, MICH. FOR SALE 7-room house with roch foundation. 726 Waterworks St. KtJK SALhi House No. tiji Tunnel at.. Mvredetosm. FOK 8AIJ5 House No. 40U Elm SU Yellow Jacket POR KENT--2 furnbshed rooms. Mod ern conveniences. 3979 Scott at FCR SALES 6-room bouse No. 3044 Swedetown road. Apply on premises. FOR s ,u . ...... Laurium et house. 1624 J 651 Union Street. A sood house in a desirable Lcallon, Apply on prem- j men. tf KOK 8AL1B 8 room house at very reasonable figure. 520 4th St., Blue Jacket. Phone and eiectrlc light. Ap ply on premised or C. at H. office. FOR S.NLK 2507 D St, KOK KKNT one 43215 Acorn teu 7 room houae aid barn. furnished roem irIB3lri FOR RENT 4 Rooms, 8204 Kldge BL FOR 8 ALIO Five-room house 852 Al bion. s FOR SALE 6-room couage. at a bargain. 2614 Liberty street. Raym-baultown. FOK SALK 12 r.H.m hrrop. )( rlum st. s KOK KALE 4 -room house No. 49b, behind Calumet dam. Inquire within. FuR SALE 8 room houae 4082 Kim j FOR BALB--im Heola alU For all Business Papers of every description, letters, cost, stock and inventory records, card indexes and documents; filed verti cally folded or flat, which are indis pensable to you: the newlv Davfaatad iStobc Cabinet Safe affords the protection which the in surance company cannot and will not grant. Intreianbl unit permit Individual Inmilntrd with air chamber., snanled by Yule entnbinstlon I.k-Ik. the til.4ie Cabinet iiafo Offer jrou a i. . I.-. t nlli,-.. .Ulncr "yBtem. Wa arc llina- aacnU far Out city. MINING GAZETTE COMPAmv- L. m