Arizona republican., 1902-12-27
LAKE SUPERIOR COPPER
Latest News From the Big Michigan
 Mining Field.

Houghtor, Mich. Dec. 2O.-(Speciai correspondence of The Republican,. The advent of the holiday season. a, which time there is supposed to be peace on earth and good will to men, Is marked by the beginning of an attack upon the management of the OsceoIa Consolidated Mining company by dis satisfied shareholders. The manifesto issued by a committee of shareholders chosen for the purpose is a iong one, and specifically charges the manage ment with failing to handle the com pany's affairs to the best interest of the shareholders, who are asked to senG proxies. for the annual meeting 70 be held next March, to the local commit tee. Some of the wind was taken out of the sails of the committee by req son of delays that gave the mine man aSement an inkling of what was going on, and permitted Captain w. k. Par nall. superintendent of the property, to make an exhaustive statement in the press regarding the present status and prospects of the Osceola company. Whatever may be the disagreements between the ''ins' and the outs oc the Osceola, there is no question re- garding the actual value of the mine which is, without question. one or tn. most valuable copper producers in this or any other district, and magnificentiy equipped as well as thoroughly opened. When the time comes that the local management is given the word 10 na1e copper to the mines capacity, the out put will prove q surprisingly large one. and will astonish all but those most thoroughly conversant with the Osce- ola's possibilities.
 The Mohawk is now making copper with one stamp. The second head will go into commission in two or three
 weeks, and a third head should he stamping before the close of 1903. The
 mine should make at least 10000. 600 pounds of copper next year. and at a
 price that will allow handsome profit.
 regardless of the market price or the
 product.
 | The mill test of Winona rock is now
 Tn progress, and the first few days run
 are said to have given better than 2 Der | cent mineral. The results. so far. ar, | better than have been expected, gen
 erally
 | stories regarding the new Adventure
 mill were greatly exaggerated. It now l f- tAiSN AiiE llOuDltS are cOmDaF1. l lively trivial. as was stated to be tine case in this correspondence. severn, ] weeks ago. The manufacturers will rebuild some of the jigs and will maze few minor changes otherwise. Ever, with its defects the mill has given fair service. The return of copper mineral from rock stamped is said to be about per cent. but this figure is not official. The mass nd ha the rock houses end going thence direct to the smelters is not included in this percentage, and should bring the total up to nearly 115 per cent mineral Judging from the results secured at the Mass mine. which is the nearest neigh Dor of the Adventure. and of practically the same value, though not so well equipped. The Adventure was always very rich in silver. and it is to be hoped that some means will be found fot saving the large percentage of sIIva. mat unquestionably will be founG in the mineral from the mill.
 The difficulties of the Consolid. f,,.1 Lake Superior company, at Sault Ste Aorl are of interest in the coppsr "' "id because of the proposed .o,per SH'@l'':E I'l:ii,t Of that company. Ths trouble with this concern is that it has had a hot-house growth Everything mas been forced, and little pinch Tn the money market has brought confu- slon to the plans of the inanagement me Consolidated Lake Superior has the second largest developed water power in the world. and property of great value. but what is now lacked is producing industries operated by inde- pendent concerns. These can be ss- cured Tn time. While criticism on the plans and operations of the companv could be suggested, the present Is not