Bisbee daily review., 1908-02-02
9, Smelters & Stock Quotations
LAKE SUPERIOR
 COPPER NOTES

 as rapidly as possible without in creasing expenditures. In time the property promises to make good.
 Wolverine.
 The plan to remodel the heads at the Wolverine stamp mill probably necessitate the use temporarily of one head at the Mohawk mill by the Wolverine. The compounding or the Wolverine heads will be done one at a time SO as not to inconvenience Wolverine will be in a position to increase its rock shipments by about 30qo.
 Centennial.
 The Centennial is now employing a force of almost 400 men. The cost of operating the mine is probably more than $40,000 per month, sum in excess of earnings from copper produced. It is hoped to be able to , materially increase production rom this property before the year closes.
 Superior Copper. .... .... ! It is reported that the Superior is planning to enter the producing class 1 this year, and will use head at the Atlantic mill at Redridge. The At lantic mill is now running one head [ care for the Superior shipments.
 The latter property is being open ed up rapidly under the direction of the Calumet & Hecla management. Some fine rock has been entered and there is every reason to believe that tn Superior will become a big pro ducer after another years develop ment work is done.
 Hancock Consolidated. Operations at both No. and No. shafts are being pushed by Supt- Harris with all possible speed. There is little change noted in the charac- ter of the ground passed through at No. 2 shaft It is possible that some ! important developments may follow after a depth of 1000 feet or more is attained at this point
 Butte & London.
 During the past few weeks several well known Lake Superior mining men visited the Butte camp to look over some properties there. Among the new workings seen there which bore every indication of making good were those of the Butte & London. Operations at this property are con tinuing along lines which are certain to bring out the very best in the | ed rapidly and along economical lines. The only lateral work now being done is at the HOO foot level where crosscut was run for about I50 l feet when it intercepted a copper de- posit. The ore assayed 10To copper | with some silver. The management holds that this showing indicates a decided improvement when greater depth is attained.
 When the shaft was started it was intended to continue sinking until a depth Of 1500 feet had been reached. The showing at the Pittsburg & Mon , tana property decided the manage ment to crosscut at the HOO root level. It looks as though the orig | inal plan would have been the best ] one to adhered to.
 It is intended to rush work at the shaft with all possible speed, sink to ! a depth of 1900 feet and then again start lateral openings.
 | From the location of the Butte & London it is the opinion of those Lake mining men who have seen the prop | erty that it cannot fail to get some of the fine ore bodies opened up in | the Butte camp. In the meantime | the stock offers excellent specula- I tive opportunities. If it makes good the present price will look extreme ly cheap, while if it fails to material ize ther is little to be lost on pur- chases made at prevailing prices.
 Hermina Mining. | Capt. James Chynoweth, managing director of the Hermina, returned to Calumet this week from visit to this Canadian copper property and is well pleased with his trip. He has outlined a plan of development which is going to bring cut the very best in the property.
 For time the question of raising further funds to vigorously push de. velopments caused the directors to consider carefully the work, but it is believed that this problem has been overcome and that the money re quired will be forthcoming when wanted from the sale og some unis sued stock disposed of privately. Al the bottom of the present working shaft good ore has been opened up The vein which outcrops on the sur face is about 20 feet wide and has been found to have more than double in the lowest workings.
 Ojihway.
 Possibly around the middle o1 March there will be some important developments at the ojibway. B that time it is hoped to have No.
 shaft down to a depth of $50 Feet where a crosscut of less than 50 fee , should intercept the Kearsarge lode This was the original plan of tn, management, and it is likely to b. adhered to.
 No. 1 shaft is now about 100 fee deep, while No. is more than twice ] that. Two hoists have been ordered and will be installed next spring These hoists will be capable of lift
 ing from depth Of 1900 feet Otbe ! surface equipment has been ordered [ and will be in place by the time tha l. it is needed.
 Keweenaw Copper. The advance which Keweenaw en ; joyed early in the week is due to tht l general strength shown in the marke
 coupled with the fact that the Mador i shaft continues to make it's fine show B ing in copper ground opened up. Tn l showing at this shaft is rapidly mal ! ing friends of the skeptics wh lclaimed that the northern portion O - IKeweenaw county would be found t
 be almost barren of copper in pay ' ing quantities.