The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-07-02

one man less each but this is possible by
Of improvements in the handling of rock cars.
The only reason ascribed for the reduced ship
mens Is the inability to get enough trammers. 1t is
claimed that to handle the rock underground cam
not be persuaded to regularly. They will work for
week each month finding the weather entirely
too warm for comfort. Miners can be obtained quite
easily but the trouble lies getting men to handle the
dirt after it has been broken down BY fall however
this trouble will undoubtedly end The condition of the
metal market makes the curtament opportune
CALUMET ARIZONA AND SUPERIOR PITTS
BURG
II was officially announced yesterday that l.. W. Pow
ell had rendered his resignation vice president
and general manager Of Calumet & Arizona and Super
Tor & Pittsburg TO become effective July TO- At the
same time it announced that j. c. Greenway had
been named as his successor Mr.. Greenway becoming
general manager the properties on the same day
that Mr.. Powell resigns.
Readers OF these letters will that we called at
tention to the fact of likely change in the manage
the properties in our letter of April O. Sub
sequently we stated that Mr.. Greenway had been in
Calumet interviewing local directors of the company
The announcement of the change position was
fore quite generally expected
The change in mana cement will make no material
difference in the operation Of the two companies Mr..
Greenway has had years of experience I'm the mining
business having been connected with the operation
United States Steel mines at Coerine. Nothing
has developed in the reported consolidation Superior
& Pittsburg and Calumet & Arizona
FAIRVIEW-
Local shareholders of Fairview expecting to hear
from the property in the few days
the commencement milling operations The new mill
OF twenty heads go into commission July 1 and
there advise contrary it is blieved the
plant Is in operation II claimed that with the
mill in operation rgulary Fairview will soon show earn
ngs of substantial Developments at the prop
erty have opened up body
shows commercial which should put the property
a dividend paying basis due time.
ALeoMAH--
The strong buying of Algomah was in evidence all
week and the stock is being by who are in
position to be thoroughly familiar with every phase
OF the development work under way While the
stock far has shown any variance in the
quotations the stock we regard the issue as one of
the most attractive of the so-called Lake group OF
stocks Shaft sinking is under at the Algomah,
going down directly the view opening up some
very rich ore.
INDIANA
Operations at the Indiana have disappointing of
late in that satisfactory results have been obtained
for several months past in diamond drilling. The eff
fort to locate the famous vein which gave Indiana
start has been unsuccessful. although the ground
which hoped would carry this has already been
bored. Drilling however is being pushed vigorously
and the Management is still confident that will be
all that has been expected The decline from s44
has been extreme in the Indiana but
doubt but that the stock selling much inflated
price at the top figure, which fact commented or
from time to time since Indiana crossed 500 pei
share. II