The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-12-12
MICHIGAN
LAKE SUPERIOR COPPER

LAKE SUPERIOR COPPER
Demand for It Continues Good-Estlmate
| Of the 1902 Production.
| HOEGHTON. MICIi.-The season Of
lake navigation has been unusually pro-
longed, and many shipments of copper
have been made from the shelters during
December. All-rail shipments will con-
tinue during the winter. as for some years
| past Whatever may or may not be the
condition Of the metal market as whole.
there Is no question that the demand for
| lake copper is excellent, and consumers,
owing to running on short supplies, are
urgent in requests that orders be filled
promptly. e.. t5".-. -. 80,
: The returns coming in from the new
I smelter Of the Calumet and Arizona, at
Douglas. Ariz., are SO startlingly good that
it is perhaps safest not to give detailed
1 figures until fully verified by official state
ments. Enough Is certain, however, to
make it safe to state that this mine is
making phenomenally fine showing, and
| must from llenceforth be ranked among
the great copper producers Of the world
The local shareholders have sold very little
Of their holdings, many Of them having
sacrificed local stocks, In a pinch, to pro-
tect their Calumet and Arizona. The very
general faith manifested by lake people
in this western property is being amply
| vindicated -
The general cry Of hard times in the
lake copper district is belied by two facts
! Money is still being poured into western
mining deals. while the second and 10 less
convincing fact is tire showing of deposits
made by the various banks of Houghton
county. Never before has there been so
much money In the banks as at the pres
ellt time.
p. Mlehlaans Great Showing. -. .,
Reports from the Michigan continue of
the same tenor as before. There is ap~
parently no end to the mass and barrel
| copper i'll sight iii the branch vein, and
when the branch vein makes into the old
| Minnesota contact vein. on the fourteenth
or fifteenth level, there will be such a.
showing of native copper has rarely
been seen during the sixty years Of min
| ing in the lake district unless all signs
fail. .~E -
At. the Osceola mine conditions are un-
changed. Development work is being
pushed with great activity, but production
remains Oh a restricted scale Work was
begun at the South Kearsarge branch of
| the mine In September, 1900 and there
are about two miles of openings, from
which not a pound Of ore has been stopped.
Opening is, by drift-stopes. and it will be
possible TO secure a very heavy tonnage
from this entirely new mine when the or
/
there. are about three miles of entirely
new openings. The lode runs sixteen to
| twenty feet in width, and some of the
richest ground opened in any lake mine is
shown in various levels Of the two Kear-
sarges. 1t is stated by Captain ParnalI,
superintendent Of the mine, that the work
now under way will be completed in Feb
>ruary. and that production can be largely
increased after that date . ,
| Talk regarding the Quincy and Adyen-
ture manasements is dying out. The cleo
ton of w. R. Todd as president and the
selection OF John L.. Harris as superin-
tendent have settled the questions of man
agement and policy, and it seems probable
that the plan Of operations of the COM
pany will be along the same safe and con
servative lines as in the past. The future
ma ma cement of the Adventure is still un-
certain. ~ Y.
l.. Two heads are now running at the Tri-
/ mountain mill. and one leased head is run
ming on Trimountain rock at the Arcadian
lniil:' = a. -
/: Copper Range Road makes Good
:: The Copper Range railroad showed very
handsome net earnings during October
For the coming year the Copper Range
should do gross business OF about $780,
600. This is larger than has been esti-
mated in the ast, but the figures are con-
sentative. About half of this revenue will
come from the, transportation OF rock
for the various mines. the rerna Under com
ing from lumber and logs, coal, general
freight and passenger business r, The lat
ter item OF traffic has shown such a ra Did
and sustained growth as to more than YER
lily the predictions of the most enthusiasts
tic friends of the road. = The line is being
we'll handled and. although built only
three years ago, through a wilderness, is
now earning substantial profits over all
expense Of maintenance and interest
charges. -
Less is heard from the Victoria than
from any other important property of the
district Development work is corltinu-
ing steadily and the new openings show
well in copper. With the aid of it's fine
water power Victoria should be able to
present an unusually favorable cost sheet.
The Phoenix mill is enclosed and will be
in commission within a reasonable length
of time. The incline shaft was holed
through in September, and can be oper-
ated much more economically than was
possible under the awkward system OF
opening formerly obtaining. Dams have
, been built near the mill for power and al
the mine for water supply and fire protec-
ton Expenses are being kept down, In
pursuance OF the weli-known Stanton pol
Icy, and, as before stated while the Phoe-
! nix can never become large mine unless
something new is opened III the way of a
stratified bed, it does bid fair to become. a
highly prosperous mine Of small productive
capacity. but good earning power pei
pound Of copper made. =
: The Years Output. -
Flstima ties Of the 1902 output by lake
mines have been made by various estimat,
i, ors of late. While it is too early to speak
+ with eSactitude, the production will prob;
:, ably fall between 10000 900 and 18O, 900,
= 900 pounds of refined metal This is not
. a startling increase. but is a very substan
tial gain, much larger gain than will be
shown by most of the important fields r.,
production, -. = ~ &c. !. p r
To the pessimists afraid that the Cerre
de Pasco field of Peru will close down a Il
the other copper mines Of the world il
may be said that while this district i
apparently a most valuable one and is be-
ing developed by mining men Of the high
| est reputation for sagacity and success
the average tenor of ores mined in the
district is really under the average noted
. In Butte in the early days Of that camp
and in any case it will be several wears
4 before the Cerro de Paseo company car
4 De producing upon any considerable scale
| #
There are many forms Of nervous debil-
, ity In men that yield to the use Of Car
| ter's Iron Pills Those who are trouble ]
with nervous weakness, night sweats etc,
should try them. =
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