"HP
1
JLL 1L
VOL. X.
L'ANSE, L. S., MICH., SATURDAY, DECEMBER. (J. 1890.
NO. 49.
WM. L.MASON.
ATTORNEY and COUN-
SELLOR-ATLAW,
LLOYD HOUSE
JOIIN R. THOMAS. Piiop.
A FIRST CLASS LIVERY
In connection. llejfiilar stagey to I'cquam
!' ... I . . ... - 1
Michigan. Houghton.
MICHIGAN MINING SCHOOL
A Ktute School of Surveying, Mining,
Electrical and Mechanicsl Kr.inot-riiitf.
Physics, Chemistry, Ore Jlrossinjr. Miner
alogy, Petrography. Heolngy, Dralilng,
Machine Design, etc. Tuition free. For
catalogues and inforiiintiou tuMir
M. IS. Wadswoutii. A. M., I'll. D., Director,
MOUNTAIN DEW as&
HOUSE.
HENBY U.HOLLLISTER. PROP
THE BEST WINES LIQUORS AND
CIGARS.
BARAGA, -
MICH.
McMDLLENasd &IRARD
BAEAGA LIVERY.
Singlo or Double B'rs with or
without Driver.
Fishing or Hunting Parties famished
with competant guides.
We keep nothing but good horses and
wagons and give good attention
to our patrons.
McMULLEN & (HEARD
BARBER SHOP!
ooooooooooooo
For a flood clem Shave or
a StijUsh Hair-cut.' go to
FRED W. SCHWALM
BARAGA, MICHIGAN. '.
01P08ITE MCOnATH'H.
CHOICE
WINES JilQUDRS and CIRARSJ
Imported Cuimbach and Mucnchcner Ber,
Ouinucss's Stout, Bas' l'ale Ale, W. H.
McDrnyer Whiskies, Martell's Cognac,
1H Kuyper's Gin, 8herry, Port Wine,
Imported and Domestic CIgara
aud Smokers' Supplies.
WtXIN ST.,1 L'RNSR, KIOH,
C. P. BlanKenhorn
MEAflRKET.
L'ANSB and BARAQ
iii'' i ' i . ..
ooooooo oooooo
Choice Fresh, Salted and
Smoked Meats.
Lard, ronltry, Fish, Vegetables and
Produce.
OY8TEKS & GAME IN SEASON
JAMES MCMAHON,
-dealib ;ir-
WINES, LIQUORS
AND CIGARS.
CORNER SALOON.
BARAGA.' MKJH
UPPER PENINSULA NEWS.
CLJPl'ED AND COXDEN8ED FROM OUIl
EXCHANGES.
' The Michigan mining school now has
51 studen's.
Escanalia will have a telephone ex
change. ' Better late than, never.
Houghton now has two foot bull
teams. The first game was played this
week. '
The French publication at Lako Lin
den has a new editor and the Times
predicts regularity of insuo hereafter.
. The Firnt National Bunk of nancook)
declared Deo, 1st its thirty third semi
annual dividend of flvocr rent.
The Edison Ircn Concentrating Co's
experimental plant, at Humboldt, was
totally destroyed ( by flro on WedtH's
day. .
Two new counties in tne Upper Pen
insula are talked of, one to bo cut from
Menominee county and 1 1io other from
Ontonagon. Gladstone Delta. (
The fiwt may come to pass Bro. Ma.ion
but the latter is a long way off. Oar
people are not an x ion for a division of
thin county, not the tax-payers at least.
Ontonagon Herald.
The county treasury at Ashland is
attracting more than usual attention
just at present. Burt ScottTtho treasur
er is claimed to be a defaulter and h's
bondsman refuso to turn ovei1 the office.
The matter will be adjusted in the
courts. . '
Trout Creek, in the homestead dis
trict is suffering with a diphtheria
epedemie. TJiero is no resident physi
cian and the people are compelled to
send to the nearest towns either in the
copper or iron district for medical as
sistance. Crystal Falls promise? to bo one. of
the noted, health resorts of the future.
They claim to have a mineral spring
near the town, the water of which con
tains medicinal virtues equal to if not
greater than any known to this age. A
large commodious hotel, costing about
$:J0,t)OO will be erected and a syndicate
formed which will run in opposition to
Fabst and the rest of those Milwaukee
chops.
According to the Mining Journal
correspondent, Ishpeming . will have
next year an electric street railway, at
least one newrailrcad, in all likelihood
two, with a possibility of a third, also a
big foundry ee. eto. If they also have
a daily paper and two or three weeklies
as common rumor proclaims what a
booming town the pold metropolis will
be in 01. Well here's hoping such may
ba the case, Horace. ;
The silver lining of the dark cloud
that has hung over Ontonagon county
all these years is now becoming notice
able. The prospects for development
of the copper range were never so bright
as at present. With copper command
ing a good figure an impetus will bo
given to exploratory w ork all along the
range and some good mines will un
doubtedly be discovered. Mining nun
say this range has only been skinned
over. .
The Mining Journal very pertinently
nays regarding the postmaster general's
hobby for one cent postage:
" The postol railway clerks and the
clerical forces in the postofllccs are now
overworked and underpaid, and the
entire service is cripplod by a policy of
holding down expenditures to bring it
as near y as porsible to the point of
biing self-sustaining. . To cut the let
ter rate in two under these circumstances
would bo highly injudicious, and it is
singular that such an nnwis a proceeding
shou'd lind an advocato at the head of
the postollice department."
The Interior Lumber Co. shut down
their mill last Monday night for the
season, having cut 2") million feet of
lumber. The company is erecting a
largo boiler house for the purpose of
furnishing the planing mill, dry kiln
and their several other buildings, with
steam. They also started one more
camp last week witli a crew of forty
men, making in all six camps .in opera
tion, giving employment to 210 men in
the woods and about 100 around the
mill yard and planning mill. They have
just received a car load of fine draught
horses from Chicago for camp No;rG
which is under the supervision of jnlr.
Ed. Lamb. Green Bay Advocate.
. Dospite the very best at'ention best
owed upon the baby, it will grow sick
and troublesome by reason of - oolic,
diarrhoea teething etc. Do not fail,
then to use Dr. Ball's Baby Syrnp.
Price 25 c. '
Those Reservoir Land.
The lauds in "Wisconsin and Minneso
ta; which were herctoforo withdrawn
from market for reservoir purposes and
known as "reservoir lands" wero restor
ed to tho pnblio domain by act of Con
gress appro d Juno 20, 1893, and aro
subject to entry under the homestead
law with certain, restrictions.
The lands aro to b3 open for entry
and settlement six mouths after 'Jl ho ap
proval of tho-act of restoration which
will fall on tho 20th of this month
December. Isi person is allowed to
enter upon and occupy the lands before
that time and any person violating this
provision will not bo permitted to enter
any of tho lauds or Require title thereto
hereafter, consequently there will be
less contesting for effect and blood
money, and the bona ildo eettler will
have clearer eai'ing for title and owner
ship. The lands are made subject to the
entry under tho homestead law only
which in Rubstar.ce requires five years
absoluto residence. Thero is an excep
nil - ,. I. iii . , v
tion to this law called tho comrautation
. , i- ii I...
war to deduct tho time of his service
from tho five years, and consequently
he need only wait that length of time
until ho is entitled to full ownership
providing he complies with the ober
requirements of the law.
- The Lumber Market.
The Northwestern Lumberman's
review of the lumber market, for thct-e
trying times, shows a very favorable
condition of affairs at the close of the
mannfactoring and lake shipping season.
It spite of the tight money, building
throughout the country has increased
and the condition of trade has ttradily
improved since Sept. 1, and the demand
for lumber has been such as to mako
prices appreciably higher.
The money stringency and high lake
frieghtn have hindered the putting
forward of lumber this fall to some
extent, although it is thought the
shipments have born equal to those of
other years. At Chicago the stock on
hand is estimated at 100,000,009 feet
less than it was at this time last year.
Regarding tho effect of the money
stringency on lumberman tna' Journal
There is less comment among lumber
dealers about tho stringent condition of
the money market than one might ex
pect. Very little apprehension is
expressed concerning tho future. Even
the great failures that have oecured in
Michigan, and the one in this city, and
others in various portions of tho country
have net disturbed tho confidence ot
holders of lumber. Throughout the
country collections are reported good,
which put the dealers in funds for the
meeting of their obligations. Dealers
admit that tho banks scrutinize lumber
men's paper closer than they did, and
demand a higher rate of discount. But
the majority of dealers are prepared
for the emergency, and it is apprehend'
od that there will bo few failures among
the- htrictly lumber merchants who
have been doing a regular business.
The fact is that trade has been good all .
season, and an advance of prices has
occurred during the fall. At the same
time dealers have purchased bulk stocks
carefully, thero having bren less ever
loading and discounting the future than
usual. In this respect they have evinced
a cor. servatism'un usual with lumberman.
Now that the monetary stringency has
come they will not rt grot that they;'
have their affairs is a snug and safe)
condition.
The Iron Market.
The Iron Trade Review's resume of
the irr.n market shows a general de
pression owing to the recont unpleas
antness in the money market. It nnjs
many largo contracts for raw material,
which were tinder contemplation, early
in October, have either been dropped
or postponed, the result being a flat pig
iron market. Many leading furnaces
north and fouth have with drawn from
the market being unwilling to sell at
figures made by smaller companys in
need of , money. Theo smaller con
cerns have broken the market for a
time or until the financial flurry is over,
but the heavy consumption must pre
vail and will soon exert a steadying in
flnenco. The heavy dealers are hold
ing firm for their prices, in deed their
firmness is a surprise to the trade gen
erally and to those who have tried to take
advantage of the situation and make
running contracts for large lots.
The latest reports show that stocks
are decreasing and that production is
being cut down. J i .
: Regarding iron ore it .Bays the sea
son started out with prioes that were
too high to be'roaintiined, and a great
many concessions had to be made to tho
consumers. Judging from the present
temper of tho ore men, it in safe to say
that they intend next year to hold off
with their s iles, ask a fair price, and
mine no more than they can readily
dispose of at that price.
COPPER.
Qaincy's" November prod nst was 550
tons, tin increase of 1)9 tons over
October.
Cdnmei & HecliV November pro
duct was 3,034 tons. Five hundred and
sixteen tons less than October.
Franklin product for November was
033 tons. This is an increase over
October of 827 tons. . The November
product will net at 17o copper nearly
$S per share or over $100,000, a-d the
stock sels for $17, besides there is equal
to $12 per share in the treasury. Of
course this copper was not all mined in
November but it shows the
richness of tho mine and. serves as a
- r. , , , , .,..
good illustration in, explaining the
difference between the intrinsic and
market values of the stock.
Tha Dividend Payeis Disburse
ments. Tho Boston Transcript says tha cop
per company dividend disbursements for
the ytcar 1890 practically are all made.
Another Calumet & Hecla dividend is
not looked for. The Bigelow com
pany's pay quarterly, and their pay
ments aro completed for the year the
Bigelow group embraces, Tamarack,
Osceola, and Boston & Montana, among
the dividend payers. The .Quincy,
Franklin, Atlantic and Central general
ly make dividends early in the year,
eithor".Tanuary or February.
It is possible, therefore, to present a
tab'e showing this year's disbursements,
which we give making comparisons
with 1887. Copper has sold .this year
from 14 to 17o while in 1887 the average
price was 11.22 cts.
Companies 1893 1887
per s1iahf. feb share
Calumet & Hecla... $20.....
$10
j i'aiuarHt.j.
...... 13.........
Quincy........ 8 5
Boston vi Montana. .. 5
Franklin 2......... 1
Osceola 4 J 1
Atlantio 2J 1
Central... 1. ....... 2
Kearsarge 2 ,
Applying these dividends per share
to the total amount of capital stock on
which they were paid and we have this
record.
1890 1887.
Calumet .... $2,000.000 .... $1,000,000
Tamarack... ' 590,000...;
Quincy 820,000. ... 200,000
Montana .... (525,000 ....
Fianklin.... 80,000.... 40,000
Osceola . 225,000 ... . 50,000
Atlantic. ... 100,000.... 40 000
Central 30.000.... . 40,000
Kearsarge... 80,000....
$4,050,000 $1,370,000
Of course Tamarack, Boston and
Montana and Kearsarge were not divid
end poyers in 87. The two former be
gan paying in 83 and Kearsarge in 90.
The record of dividend payments in
1890 is highly satisfactory. The Frank
lin made no payment in the last half of
the year owing to tho Powabic compli
cations, but it is in strong shape and
well able to make a handsome disburse
mcnt in January, if it shall seem desira
ble. Tliis company is making copper
at a very low cost nowadays, and is
making a gook deal of it. Tho Central,
having encountered a lean streak, made
no dividend in the second h ilf of the
year. Tho Tamarack, Osceola and Bos
ton & Montana increased their rates of
dividends in the last half ye ir, and the
Tamarack dividends have been paid on
ten thousand shares more in the second
half than in the first. It easily has
been the copper company's best ' year
from a dividend standpoint. Consider
able interest attaches to the January or
February payments. of the Quincy,
Franklin and Stanton mines. The
Bigelow people have shown their con
fidence in the stability of the copper
market by advancing the rates of divid
ends on the Tamarack, Osceole and
Montana, especially the first two, which
have had their rates increased in the
midst of the uncertainty and unsettle-
ment of tha general stock market situa
tion. , , , ' '., ' . ; '
Oar readars are requested to use
Salvation Oil for all pains. .It 1b a sore.
Price 25 cents, y
"For forms of government let foola
contest." For ordinary life it is enough
to know that Dr. Bull's Congh fiyrup
cure coughs colds.
Just Fturped
Havinar just returned from a purchasing trip I desire to announce to the Pnblio
. that my store is now well filled with
FALL AND WINTER
goods and your inspection of same U solicited. . '
Much care has been given to the dry goods department, embracing
varied show of desirable diess goods in
COT. CASHMERES, and LUSTROS,
and TRIMMINGS, DRESS BUTTONS,
TARNS. SAXONY WOOL, and ZEPHYR3.
Feaflanartcrs lor Gent's
If in need of CLOTHING of any kind, DRESS
OVERCOATS, SUITS of any size or
BO Y'S KNEE PANTS, you'll find
what is needed right here.
Have received a valuable line ot " .
LADIES TIM MM M HATS,
SHAPES, and trimmings:
. Here are a few things we keep: Blankets, fine and heavy Under , wear,
Carpets, Oil cloth, Stove mats, Feather dusters, all kinds of Mitts, Kid gloves,
black and colored, Stationery, Cnrtain poles. Pillow-sham holders. Buckles,
Silk umbrellas. Gossamers and Rain eoats. Knitting. Embroidery and Wash
Silks, novelty and stitched brands, Tinsel cords, Curlhfg irons, .Banner rods,
Silk and Linen Laces, Colored Tissue Paper, Hand satchels, Side combs, Hair
Pins, Rick Rack
A LARGE LINE
Girdles, Cloaks, Table linens Butchers linen. Plain and drawn net for fancy
Work, White Aluslins, Lace curtains and curtain cloths, Hoods, Leggings, Lace
gowers, feathers, etc., etc., etc. Anything you want.
My shoe stock this fall is large and complete and includes Ladies' heavy street
oes, tipped.
You oau depend on my GROCERIES as being first quality and fresh
We DON'T HANDLE CROUND COFFEE but only Green and Roasted, but
GRIND TO ORDER, thus giving the customers the entire valne of the
Coffee. Mail orders promptly attended to at
J. B. SMITHS.
WATCHES,JLOCKS,JEWELRY
- AND
"o o o o o o o o o 60000606 oo
PcnqoGooc).
ooooooscsoeooeoooo 00000
Watch Repairing and Engraving a Specialty. .
THOMHS BRKDY,
L'ANSE & BARAGA
JOHNIE GET
MONDAY, SEPT. ' 1ST;
I have a large stock of
No. 10 and 12 Shells
; both loaded and empty, also ,
Gunpowder,
; ' ' , ' V Shot, Caps, :? ' ) : i
Wads, Primers,
Rifle and Revolver Cartridges etc ,
SHELLS LOADED TO ORDER.
NORTON'S DIJUG STOPtE,
L'ANSE
AND
FLANNEL, LADIES CLOTH," TRI
and the largest display of NOTIONS
RIBBONS, VELVETS, HOSIERY,
Neciwear and Black Silk H'p
'''.;
OF CORSETS,
-
YOUR GUN!
DAnAGA-
v.