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The Calumet news. [volume] (Calumet, Mich.) 1907-1938, January 08, 1912, Image 6

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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

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