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SATURDAY, JANUARY 13, 1112.
THE CALUMET NEWS ' PAGE THREE Hancock Department COLLIDES WITH FREIGHT CARS SOUTH SHORE PASSENGER TRAIN DEMOLISHES CARS NEAR THE BRIDGE EARLY THIS MORNING. THESE ARE BUSY DAYS IN THE LOrAL EODGES GREAT GATHERING OF KNIGHTS UF COLUMBUS TOMORROW PaaaenfOf train No, U of Um Booth ghorc railroad, drawn by Engine 412, Hancock Elks Will Be Viaited by Dis thct Deputy Feb. 8. "aiemai SOCIetlea of Hancock nro now enjoying their bush st season With nil ,ll i. ,., incniixTs. in stallations ..r recently elected officers visits from deputies arid slate officials i various iirirfinivt.M..., i. -a. due here about six O'clock, ran Int.. lh..Bmkcr. aild (.tm.r f,tl,res ' rear ml of an east -hound freight train, M . headed for Lake Lindoa the Mln- ... K"'9"ts of Columbus. track, at tlu. timet lot, . " " "" ock i oun,'ll or iMUKiiis of Columbus cral Range track, at the Junction of .w. i,- .. .... t ... 1 1 ' foiumbiis will enter nri.i.c tide morning, and .Icniolt !,.,. I-" V'8,t",'f kniht fr"m the copp, r lwo freight ears. The engine of the "I,, '7'" 'u"" Mf Initiatory i. .... ,. meeton and banquet, over three hun- pas. hc. .n ..- K-,dr.-d member- ... ... snow plow being bent and! , " V m ,x lrir,l ,n !,! ...in.o, K IxmglllS Will ed. the iw lata i. 1 ,,lltl I'll 111, , t. 1 .... 1 lougi- rooms in die K;iuth hall at it : and march to St. Pat ricks church to attend inns. The af" ISSnOOO exercises will be held at the Knnth ball and will consist of the con (erring of the second und third de grees unon n In m ,.r . . fr i,h, 11;n. consisting of about twe,,-j,(.r tne dlrection cr ; was passing the switch at the ,, of roRW A RI,ri(1 g tip... k ing at a fair rate of speed ...in , , ,,. , . , uu , 111 srrved in OcrmanJa hall at 7 wl.cn the passenger crashed Into thei r. ... . M . ..r ,.n,. Hvvlft r..frl..r K which there will be a pro. ' ' grain with addn.ss.s by 1). (or . I1 aim mu inner a m car con- gad varloai parts of the metal work en the frpnl torn mf or badly bant The accident occurred about 6 o'clock as the pa.-so.ngor train was rounding, the curve after leaving the bridge. The (ah in . lam. The former was knock ed char off the tear trucks, one end of i he i ar being completely shattered. Tie : i .i in car was turned over on Its -i. and badly splintered hut was not broken open. engineer Horllck, In charge of No. 13, sai I thnt the accident was due to his being unable to see the freight on account of ateam and frost on the win- ,! .i Hie engine can. Ho could near the locomotive of the freight some dis tance down the line and thought tint (i. Main inns; have passed beyond the nt rse Hon of the tracks. wrecking crew was set at work immediately removing the wreckage and the passenger train was backed upon the bridge by another engine and run over the Lake Shore line 1 1 Calumet. The contents of the broken cars were transferred to other cars nnd continued on ita way. The wreck located that while obstructing Ihe track to the bridge, it allowed of the passage of truins on the north truck, so thnt the trains to Lake Ltn rivii were not Intcrferred with. It was expected that the debris woul 1 be re mnved and the tracks cleared In time for the passage of the Chicago trains. CUTS RAILROAD DEATHS. Committee on Safety Reducing Killing of Passengers. The first ear's test of a "committee of safety" on the Chicago & North Viicrn rnilwny has demonstrated the ftectlvaMM of oo-oporat Ion bet wean th officials and employes in plans to reduce the number of Injuries and fa talities. According 1 adyaoe llnres there has been a reduction of 70 per cent In i, :n of pascengers killed und 10 per i rii In the numN-r Injured. The ci mnilttee In composed of .10a employee Of the railway, with divisions and sulKllvIslons representing every rliise of labor among the 5,00rt work- rs. BugffeaftoOd from employes that wl!j tend to reduce the number of aool i1' i is one of the chief features of tin plan. Complete fljTiircs for eleven months how a reduction of 17 per cent In tin Ml mix i of trainmen killed, and P.x per cenl in the number injured. Amon lh switchmen there has baon redue ll"ti i M.I per cent in the number Wiled and is.:, per nnt in tin- nuin ," r injured, while the ctWTaapori&l I " s for station men nro 60 and 10..". per cent. There has been a total reduction of 2,144 employe Injured. II pi r cent, and a total reduction "' in the number of employes killed, as compared with 1910. lai;dlsk engineer proposes a 2. fW mile railway from Port Said, Bf) pt croai! Arabia to Haara at the bead of Ue Persian sulf, and thence prolonged ;; Persia to Join the Indian rall- w5 a v :a yuctta. i . H mwwrn i-'TaLiiv I Come to Milwaukee Visit Reckmeyer's and investigoto the unusual opportun ity to purchase the highest grade Fur Garments and small fur pieces at tre mendous reduc tions during our January Pro-Inventory Clearing Sale All over the atate ehrcwJ buyiri aarrly avait thta ehaotc.Lrfifttlnff eal Itfaotlon aaaured iiJ ynu eintlwiyi derend upon finding t Rockmayer's Quality Furc Correct Style Moderate Pricee Wo also their a most como.'v: lint of men's and women ' autottO' bile torment. t'lirrlr rq and Imnortrm 101 Witru.itin Mf'rf HI uVr. A. Holland. laaatlBMtW, M. 1I. Kern. Mi-n-miiii. . . lohn If. Hush, Ironwood; Dr. J. E. Gallon. Hancock, Hon. '. H. O'Brien. Iiurlum. and others. Musical num bers will be given b.v an orchestra composed of P. H. Lang. Lattrtom, TkottiMa Hownrd. i'alnesdale and Rus sell Conway. Hancock. Hancock Lodge of Elks. The Hancock lodge of Kike will re ceive an official visdt on l-Vh. S from District Deputy James J. Donovan of Marquette, and a bampict and social session will take place. This will be tho first official visit of Mr. Donovan nnd ho will conduct an Inspection of the work of the lodge. The Hancock Kll'.s have received and accepted an In vitatlon to he the guest I of Calumet Iodise at social and festive doings on I be evening of Jan. 17, and a large delegation from here is cxpi cted to at tend. Install Next Friday. Hancock lodge of the Knights cf Py thias will Inst ill its nowiy elected of ficers for the ensuing year at the reg ular meetli g next Friday evening when there will be a smoker. Last night there was a good turnout of members to witness the exemplifica tion of the third rank on a couple of candidate. The Hancock K. P.'s have been noti fied of a projected visit of A. V. Sh.w i of the So,, grand outer guard of the Michigan grand lodge, the evening of I'- h, -'. when he will make an official call on the lodge. Ingot Tent. Knights of the Modern Ma. cabees, will hold a public Installa tion of officers the evening of Jan. 30 at the Kauth hall, and a committee of members is now engaged In drawing up a program. A Change m Officers. At a meeting of the Hancock lodge cf the Knights of Pythias held last veiling a change was made In the list of newly elected officers, Angus F. MacdonaU being electod pr lata and 5eorge A. Sheard Keeper of records and seals These and th cot her officers elect ed In December will bo Installed M Friday evening. Holly Rebekahs Install. Hollv RebSkaha lodge N. 3I0 install ed officers for the ensuing year last evening with Mrs. W. J. Hoff cnbacher, D. D. O. P. acting as Installing officer following the ceremonies, a social ses- nlon and lunch wen- enjoyed. The of ficers, elective and appointive, install ed last night are: N. O. Mrs. Ernest Cliff. V. 0 Mrs. T. Stehlln. K. tdln secretary -Miss Hannah Hoffen backer. fin ito lal seen tary Miss Heulah Tresld k r. Treasurer Mrs. T. Maunders. K. s X Q Mrs. W H. Hoffenba cher. i S. N. ! Mi-s Mary J. Markell. R. R V. O. Mrs. John Perry. I 8. V. O. Mrs. T. J. Oregory. Warden lira J. x. Mitchell. Conductor Mrs. Steve Rieknrd. Outer guard Mrs. Frank Shlnn. Inner guard Mrs. Sam WJlllams. Chaplain Mrs Mary Ople. An Invitation was received and no ended from Ivy lodge of Lake Linden to attend a meeting on Friday evening, January 18 at which there will be de gree work, supper and nn Interesting Arrangements are helng made for a special street ear for thr member of the Rabekah lodge and of Lily lodge of Houghton, a committee having been aelected last nlfrht to ae cure the car. to aatlsfy everybody. August lh K ol I unmet was amoiiK those preient Tin ovasion was one calculated to dwell junK. i tjlt. meiimrlea of those v ho were so fortunate as to be among tin se privileged to bv prt sent. M. E. CHURCH SERVICES. At the l-Tlrst Methodist Eplscopa church. Sunday, Hev W. K. Marvin pastor, will conduct services us fol-lows: Morning service. 10:30. Topic, "Clod's Creates! Work, and His Chosen Purt ner." ICvenlng service, 7:00. Topic, "Bue cci s That Sueeeds." The following services will also be held: t'lass 1 1 1 1 1 t iug II : 30 a. in. Sunday school i-:Oo m. Junior league, 2:45 p. m. .Senior Fjiwortb League, 6:00 p. m. We. k-dny services will be held as follows: Monday night. Woman's Home Missionary meeting at the home of Mrs t. b. HamJIL inr. Buparler street; mid-week prayer meeting, Thursday, 7:30 p. m. To b followed by a rpeclal business meeting of the Sunday school hoard. HANCOCK BREVITIES The examination of Archie Hexotte of Chassell. charged with assault, the ci mplalnant being Mike Htdappa of Chassell, has been adjourned for two weeks by Justice Elchkern. John Schr.baeh left yesterday after noon lor l-onii iu Iic, where his brother Henry died yesterday morning. at the age of 60. E. A. Hamilton went to Hnraga yes- terday on business visit. Miss Laura Mai donald has returned from a visit with relatives at Hubhell The students of the Ripley school ive selected January 25 as the datt for holding their dance for the benefit of the gymnasium fund. A concert will he given this evening it Pewanie under the auspices of Sam uel Hide's class of girls of the Pewa Ic M. E. Sunday school. The concert will be by the Calumet quartette, con sisting of Miss Romsdahl, Mrs. Thom as and Messrs. Rennett and Kimr. He Was In a Hurry. Charlea Monselct in bis 'Cnrloaltes Lltterariea" tells of a friend of bis llr log at Bordeaux who, glancing through u Paris bookseller's catalogue, nnxr the title of a book which be hud vnluly sought for thirty years. Looking at the clock, he found there wus Just time to catch the morning express for Par la. Stopping only to take some monv from In 4 cash box. be dashed off to the station and arrived at the bookshop In time to secure the prize. As ho wrapped up the book the shopman re-1 marked, "I suppose you live In thh street, monsieur." "No; I have Jut come from HordeatiK," was the rep!v. Tho man looked astonished, and ihe bibliophile dlacovered that In his eager ness he had traveled :U',d miles In dress Ing gown and slippers and had ucver noticed any deficiency of attire. 1 Britain's Tongues. "Within the narrow compMi of the Frit Mi isles no fewer than seven lan guagea ore spoken. They are English. Welsh, Erse (in Ireland). Manx (In the Isle of Man, where until recently church services were conducted in that tongue). Gaelic (fg Scotland). French in Ihe Channel islands nnd Cornish in Cornwull. Though the to tal for bis own islands is seven tongues, yet la the Englishman said to be the poorest linguist iu the world. A Preference. "I shnll leave my reputation to be Judged by posterity." "That's a good iden," replied Senator Sorghum. "The wny tilings ure going I'd much rather take my cbancai with posterity than with an investigating conimiuee. wnsiimgion Mar. TORCH LAKE GIDEON BOURGOIS PA8SES. A FAREWELL BANQUET. Hearty Sendoff Extended to Dr. Armi nan and Erik Ander.on. Friends of Dr. K. V. Arnilnen. health i!Mcer of Hamoik. Md of Erlek An derson, the well known local contrac tor, assembled a) the Swedish hall In West Hancock last evening to give a farewell banquet in honor of theee two gentlemen. Dr. Arm-inen is on the point of establishing a practice In Duhith. and will leave for that city on Wed BOaJfty next, and Mr Anderson will leave In a short time with his f.unlly for an extended trip to the Pacific coast. Dr. W. H. Dslge, mayor of Hancock, presided as toajrtmsster. and sjm hes vN,.re made by man of those present. whc WHlMli beet wishes to both of the guests of honor. The luncheon preparations were In charge of a eom mtttee conelsllng of 11. Rrock. An drew Pram ami C O. Rerglund. and were aerved in a atyle and abundance Well Known Torch Lake Resident Dies This Morrting. In the death of Gideon Rourgois, agOd M years, which occurred at 6:20 this morning after a short illness with paralysis. Torch Lake loses another well known resident. Tho decedent was horn In (Juel.e and took up his residence at Calumet thirty years ago. He remained Into the copper country almost continuously since that time, having spent part of the time at Raltle and at Winona. He came to Ijike Linden three months ago establishing a confectionery store on 'alum"t street. Resides his wife, four Children, William Of Montreal, Joseph Lena ind Anna at home, survive. Fu neral services will be held Monday morning from the St. Joseph's church ami w ill be In charge of Rev. Fr. N. J Raymond. The funeral of the late John J. Weis was held at 9 o'clock this morning with services at the Holy Rosary church In charge of Rev. Fr. Rels. An Exception. "Who was it wrote Distance lends enchantment to the view?' M "I don't know, but I'll bet he never sat on the gable end of a house and watched a ball game thnt was going on two blocks awny." Chicago Record-Herald. After the Secrets. "Mg'l jt:st crazy to serve on n Jury." "That so?" "Tee; she says she wants to be one of tbe first to tell the sends of the Jury room." Detroit Free Press. Free Washing Powder Week For one whole week we'll give away big full pound packages of Johnson's Washing Powder, the germ -proof cleaner that keeps your house spick and span without wearing your life out scrubbing. Watch for Details! Now, we want to tell you more about Galvanic, the famous white laundry soap. Galvanic Soap makes clothes clean and white quicker and easier than any other soap. It doesn't hurt the hands or the clothes and it cases up the back-breaking rubbing. uver 1,000,000 women use Galvanic. Not one of this vast army would think ot going back to common yellow soap. Neither will you if you give it even one trial. Don't miss our big free offer. B. J. Johnson Soap Co. Milwaukee, Wis. Overdoing It. "She married him to reform him." "And wbnt was the result?" "lie's so good now that he's shocked nt nearly everything she does." Boa ton Transcript. It is easier for the generous to for give than for offense to ask it. Thomson. SOCIETY NAMES OFFICERS. At .1 meeting of the Ladles uelety ,.f the Lake Linden Congregational church this week, the following olBoatl were selected: President Mrs. Will J. Tarks. 1, , J resident Mrs. EL l. Lee. Secretary -Miss Margaret Jones. Tre isnrer - Mrs. Oeoi ge II. F.-im il lack. Social committee Mrs. John Itaw- den. chairman: Mrs. John Nlcholls Mr A K. Alldree. Mrs. A. T. Jone and M'-s. Alex McDonald. Vial tint committee Mrs. HsotOf M. Donald. .Mrs. J. A. Paton. Pnrcnnsinn- committee Mrs. Robert Mlddlemlaa and Mrs. lohn MoKerreU Kitehen committee Mrs. John Nes l, 1 and Mrs Alfred Swanson. THIRTY-TWO BELOW HERE. All cold raethef records were shat lered here last night and during the early hours of the morning when ac curate thermometers registered 32 de grees below zero The coldest point reached was about 2 o' clock this morning. BOOKKEEPERS WIN MATCH. The Rookkeepers won two out of three games in their bowling match with th" Samplers last evening by the roi lowing scores: Itookkeepers B4S 66S 6T.0 Samplers 586 672 fitl TORCH LAKE BREVITIES. .:..:..:..:.-:.-w..::':-!":"X":-vi Hug-mo St. Oeoree has left tot De trait where he will locate. A. T. Jones of Ltnwood, has return ed from Detroit where he visited his rcn, Emory. Rev. Pagnall will conduct services at the Lake Linden Congregational church tomorrow morning and at the Hubhell church In the evening. Didn't Tall the Whole Truth. A woman preacher aaya that her aex la to blame for moat of the dl vorcea. One might go even furthei EMPLOYES OF THE Caiumet& HeclaMn'g Co Who wish to sell their houses or buy houses on Co. Land; who have rooms to rent or who wish to rent rooms, are invited to advortise in this column without any expense. na7 V 1 ' on. -'I4, . Lm:'i,,vc4n "is m "if,.. "( (128 Don't Miss Our Big Free Offer CURRENT GOSSIP OF THE COPPERS By J. A. MINNEAR & COMPANY I'OR SAbK 9-room house, modern conveniences, steam heat, good foun dattoa and plumbing. Apply ISO Cam bria St., Calumet I'oK sa LB 1129 Tunnel St. Poll SALi; - 7-toom house. P'sT ("one S' KURSALE- POB BALK works St. House. tUfl Hecla St. -u-ioom house, 7:10 water- KOR s.Llv Four-room cottagx 2201 Middle St., Calumet. I'(.R SALE I'lve-room house No. 2i0'l II street. Apph Jas. Rirnette. I 'It SALI'. '.1 ."..in boils.-, s 1 1 11 1 111 kitchen, coal -hd, barn room for horses, etc Applv Hecla St., Hec Mb r'ull SALIv ll-room house. Apply 2,'.0 Rockland St. IX R RION T TTtTe 4 :;LT. Acorn St. furnished room P"QR RENT 4 Rooms, 404 Ridge St. I( H SALE ! 1 c room In ise, B52 A blon. I K SA LE 1 .om cottage, at 1 bargain. 2611 Liberty street, Rayflfl haultown. , I '1 B BALK i 11 111 St. -12-rooui house. 1602 Laur- POR BALK -4-room house. No. 4'.:t:.. behind Calumd dam, Inquire within. S-I MR SALE St. om house, 40S2 Wm FOR BALI Hecla St. lXR SALE 7 -room house with rock foundation. 726 Waterworks St. i'l ill SALE House St., Bwadetown, No. 'U:i Tunnel ER SALIC-- House, No, 4083 Elm St Yellow Jacket. EOR RENT 2 Pirnlsheil rooms Mod ern conveniences. 2070 Scott St DOR SALE 6 -room house. No. 3044 Swedetiiwn road, Apply on premises l" li SALE Lot :t. block :: Wolverine St. Florid 1. Apply at Mrs. Chap man's boarding house. 123 Kearsarge St.. south. E R SALE S.'ii-room lviC, iTf Caledonia St., ialumet. Mich. P)R SALE K-room house. No. :ii. on Caledonia St. Particulars at Wi.k- stiom A Co.'s store. Pine St. !' SALE House No. I;d, C il -donla St.. Albion. FR SALE- House. No. 4e. oak St.. Yellow Jacket. EoR SALE .'. room house and barn Apply at .tfi.1 "alediiila St. x VOn BALE- r.-room house, cheap, .T4." 1 dedonle St. EiR SALE -Six-room house, 1621 1 aurlum St. 2f."I t'nlon Street. A gocnl house In 1 desirable location. Apply on prcm- 8. tf FtiR SALE H-riHun house at leasonable figure. !20 4th St, and state that If It were not for herj-I" ket. Phon. and electric llrht. aex there wouldn't be any divorcee. It) on premises or c. H. efRoa, Cleveland Plain Dealer. very lllue Ap F 'R SALE 207 D St. room house ami horn. NEW YORK, Jan. 12. The hesitating character of the security mark, t since last noted continued with no enlargement of public in terest and the business done becoming more professional ir. haracter day by day. The street accepted Ihe i.isast. r to ihe E.uitab, build ing, with Its usual philosphy and no liipjldatlon was ap parent as a result of this unfortunate affair. Matters of Important interest of course have ben the tipper rrodiicer'.s statement, which show.il a further Im provement although, somewhat at Ike expense of domestic deliveries, but with stocks on hand in thin country of only about 20 days production. The European visible supplies of course are ipialifle.1 by the fact that the uncovered stocks at many con tinental centers are not re.orded, so that the matter of the caet world's visible supplv of copper metal remains the unknown quantity. However the advance has been main tained and we Judge the present price will be firmly fej Id without material renooeluil anyway The steel Statement was pretty much as anticip.it. .1, I'll' the unfilled orders of "p.i'M.76l tons still have long way to come up to reach the s, tsf,718 tons of December P.I, I'.Ofi, (o'gether with prices then i urrent fOf the produ. t. LergOV ii.i. rest com ernes now ,,n ihe earnings' statement for the December quarter, which is being discussed as a round 123 to $24,000,000. Industrial conditions gem rallv continue to reflect com r vntlsm due to contemplat' l tariff - lianges. In the invest ment field, banking Interests appear to have a good man Issues awaiting evidences of a propitious time for emis sion, while the average of the general bond buylm: con tinues to run to second BMBo ISSMfl In railroad earnings there are s cuc hi Ight spots, notably the Great Northern show -ing. Indicating a year's dividend earned during the first six months while Its near nelghh r. St. Paul Is the subject of discussion of dividend rclue tlen. We continue to feel no harm will coma by waiting a bit to adopt the buying side as the market, on the wh"le. i:i our Judgement, lontlnues to Occupy a somewhat defen sive position. N. J. Millet of Miller ft BOSTON. MASS., Jan. 12. There seems a great question in th. minds of the gin- eral public as to the realness of thr present copper mar ket. Just what It would lake to create a pressing I.--M r In th" soundness of things copper is a matter of OOoM, If the present condition will not Instill It. it was a favorite saying of the late John Pt.mton thai Americans never bought any cheap copper, und they are bidding fair to stand true to their traditions in the picsmt market. one thing Is certain and that Is thai copper producers cannot only sell all the topper (hey v. ill offe-, hut that demand is better than it Pas been for a long time The Increase :n the foreign asking 1 rice h Calumet & Hecla and their practical withdrawal from th- market Is an other sln that should nut he lost The second largest iaise concern to Calumet Hecla also states that It ha- sold Its conpef for January and alo 1 "ports Inuuirv fm rly spring delivery. When the American buyer does wakr up he will be facing 1;' 'ent copper in my opinion. The head of another large electrolytic producing con cern is authority for tbe statement mat there is not above sa.Oi A.ouo pounds unabsorbed ee trolvtic copper any where. Production Is coining along all the tine but so i.; consumption as witness last month's figures My prediction for a record breaking reduction during J'i bruary still stand.'. J. II. Cody of Miller V '... MAYFLOWER & OLD COLONY Unquestionably the features of both the local and Roston markets during tin past week were the advances scored hy Mayflower and old Colony, and the great activity each displayed. The movement In these issues was due en tirely to the developments In No. 16 diamond drill hoie a- Mayflower, the details 01 which we gave In our weekly mining review last Saturday. Tho core obtained in No. 16 hole Is regarded as the most satisfactory cut since Indiana made its sensational dlscvovery In No. 2 drill hole over two years ago. The dis covery is not only important to Mayflower, but It la equally valuable to all other mining pr pertles l ing near t In 1 SStSra sandstone As may not be generally known. 16,000 shares of Mayflow er stock are owned by th- St Mar s Mineral Iind Co. s. that the amount of stock available for trading purposes is considerably less than 7.',,oo(! shares. On Ihe recent advance of both Mayowor and Old Colony, the bulk .f the buying was for Eastern account. There is some talk of Calumet Hecla Interest buying In the stock of these two companies, but this is denied WOLVERINE Wolverine is extending I crosscut east from the 2Kth level to explore the territory to itn boundary line. R Is ex pected that this crosscut will Intercept the same vein that was icc ntlv cut in N . Ifi diamond drill hole at May ower In a comparatively short time. The crosscut wll! be extended about 2.S00 fe t to reach the Wolverine line it has been driven now about 2,000 feet. D. eloping veins at a depth equal to the 28th level of Wolverine will de termine to a great degree what values can be expect... I from the lodes lying east of the Kearsarge not only on Wolverines property hut also some of the other companies in the Immediate vicinity, and which will include May OWeS and 'ld Colony. INSPIRATION The terms of the consolidation of Inspiration and Live Oak wire made public this week. Th. tnsplrstlon Con solidated Copper company has been formed with a capi talization of l.r.oO.OOo shares of a par value of fza.fin each, offers have been made to aharebolders of Live Oak and Inspiration, giving them the privilege up to and In cluding January 2!th of exchanging their stoefc for full paid Inspiration Consolidated) stock on the basis of t . shares of Inspiration for one share Inspiration Consoli dated, and one share of Live oak for two shares Inspirit tlon Consolidated. This wvoM bring the consolidation on the old Inspiration nnd Live Oak to the basis of one ahare of Live cak for four Inspiration. Provision has also been made for those sharermldet s In the two companies who do rot desire to participate in this consolidation until the date ahov, mentioned; In spiration stock will be purchased at $10 a share and Live oak at $10 a share. It Is proposed that the fneptrnMnn Consolidated Copper company will Ismic $6.000. n0 worth of convertible bonds st par and pro-rats. These will be in year. S coupon bonds, BOkvcrtible into the st.., k ,,f the new company at $2S a share. The bond Issue has been underwritten With the proceds of this Issue, n. w Inspiration Consolidated will have In xcess of $7000.000 as a working capital with Continued From Pag Five.