The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-10-11
Gay 4 StursiS' Gossip

. government crop report was very fav
r orable.
r In the Boston list prices held firm
and showed net gains for the day. Ad
venture and Mass were very active. tn,
former selling up 10 and the latte
to lOls.
Inspiration on the curb was in de.
mand opening at 81 and selling up
20 s1s closing at that price.
Cactus sold down 10 20 cents on a
report OF Mr.. c. W Pritchett. con-
sulting engineer of the property. which
was not taken as very favorable.
Live Oak was another feature of the
/ curb with sales registered as hieh as
2| closing at that price.
As has been frequently mentioned
in these bulletins. preparations for
shaft sinking AT Indiana have been un-
der way for several weeks. Hereto
fore il has been uncertain whether
this shaft would be started this fall
or in the spring, but the recent favor
able disclosures in number nine hole
apparently has settled the question i'm
the mind of the management and il
IS expected now that the shaft will be
started at once. For this purpose a
clearing of 40 acres has been made. A
half mile OF railroad will have 10 be
built by the Copper Range to the pro-
posed shaft.
Gay & Sturgis.
c. & II. viii complete its Red Jacket
shaft repairs this week and resume its
normal output Of 1900 tons daily. The |
repairs began August "a and cut down |
the output Of the shaft 100 tons daily /
leaving its production zoo tons.
Gay & Sturgis.
Boston. oct. 1O.-Iatest advices
from the United Verde Ext property
are that the carbonate ore body, which
was driited on for $50 feet and suppos-
ed TO be 100 feet wide. has had it's
,rosscut extended beyond the first
hundred feet and is still in ore. This
lde body assays ~ copper and from
two to three dollars in gold and silver.
News Bureau.
Boston. oct. 1O.-Preliminary Of the
'stimates Of the output Of the Nevada
cons. for Sept are 100000 pounds of
copper, reduction Of 527 900 pounds
rs compared with August September ,,
output showed about Is per cent re-
luction from the average Of May. June
md July.
Utah Copper preliminary official es-
innate Sept. output 100000 pounds.
compared with 7.44OO3j pounds in
august. Output for Sept. shows a de-
line Of 1,5GL2l0 pounds from the aver :
se Of May June and July, or about :
s per cent--Ncws Bureau. :
Calumet, Mich. oct. 1.-THE New !
ork market opened without any l
aterial advance in prices and re-
aimed dull with exceptions until near !
he close when a marked upward |
ovement appeared and some issues '
.ached a new high level Steel sold v
p 10 Il 3-S, Amalgamated G7 IA. v
orthern Pacific 12O 3-4 and Union v
lcifc 169 1-2.
In the Boston list Hancock was the
allure, opening at "a and advancing
26 is. Lake nuctuated from SO
, at the opening TO "a "a and clos In
* at about 30. North Butte sold M
81 3-4. Mass was also in fair de- a
and again with sales at 10 3-S A
The curb market was very quiet. A
lctus sold down below GO cents and A
osed at "a. Inspiration was very y
ell supported with large blocks of T.
e stock wanted just under the mar G
4 price. =
Tho New York and Boston markets G,
III be closed tomorrow. =
Adventure Si5, G. e. a. so. Range 40. q
rankin 25, CRANKY Pal, Green Can. n
10. Mass 1910, Nevada Cons. LOLA. 7.
0rth Butte 1873, old Dom. 22O. Os- 7,
ola l6, Shannon 17j. Superior AS, N1
tab Cons. 30. Winona 1856. S. e. II. M
o. :. Il =. 400. Nipissing 49, Algomah n
, East Euttc 100. Giroux 1.GjO. Han n
ck LIS, Indiana 4O5, Royale 1876, =,
axe 1896, Miami 60, North Lake 40 y,
iy Cons. 3s7.-Gay g. Suurgis. r,
South Lake not only has the advan- <,
&c Of three Of the richest diamond &,
III holes ever driven through amyg- s,
lotd rock, but II is surrounded by s,
group Of properties that are in the 81
st interesting stages OF develop r,
ant ~
Lake TO the east and Algomah 10 r.
@ south are comparatively speaking w
] stories. But little has been said w
Adventure to the west which is
on To encounter development that
u be Of the utmost Importance to
nth Lake. within the current month
is likely that Adventure in it's vertI-
shaft will reach it's No | lode. de
The geology of Adventures lands by
we been fairly well established by Y,
g strongest indication that It's No. /. an
>. and No. 3 iodes strike directly 8,
ward the South Lake acreage. I'm ",
at II Is possible that the Iodes which te
'uth Lake has cut In It's No. 3. No. an
and No. holes are identical with an
lodes cut In Adventures holes. IT I q
~ is so. II bespeaks inestimable DOS re
bi ieas hptb f,r Al.......-