The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-03-26
SUPERIOR AND BOSTON,

SUPERIOR AND BOSTON,
Developments at the Gardner shaft during the past
week have very favorable, and while the manage
ment is giving out information on the work, we
have It reliable that the ore being open
ed up now is much richer than expected The stock
sold OFF during the sympahetcally with the gen
eral market.
Superior and Boston will undoubtedly be ono of the
leaders upward movement when the market i'm
proves Our Globe correspondent sent the following
on the property early this week:
preparations being made continue sinking $50
feet the wnze the ore body which was recently
struck at level of the Gardner workings of
the Superior and Boston. Raising from this level will
also be commenced The encountered In the winze
assays ST. per copper AMI carries higher per-
centage of the Great Eastern thus be-
ing a better smelling material Dr. Walter Harvey
Weed Consulting Engineer visited Superior and Bos
ton last week gave 1t his opinion sthat the
Gardner ore will probably change to copper glance at
la slightly greater depth In this belief Consulting En-
sineer Frank Probert At the present
of development should be mined in the 9TH level
by June 18th, at which time connection between the
McGaw shaft and Great Eastern vinze at that depth
should be effected. Within month the branch of the
Arizona Eastern railroad will probably be CONFLICT
ed between the mine and Old Dominion"
Yesterday afternoon Globe correspondent sent MS
the following message late developments at Super
Tor Boston:
Drifting eastward from the winze I'm
which recently encountered advanced along
the fifty OF the drift is in
ore averaging about eight per copper. Wine
about twenty-f five feet deep and is continuing
as sinking progresses.
! fve-dri compressor is being installed the
Gardner shaft Sinking of McGaw shaft and Great
wi incl adv To he
where sinking will probably be suspended temporarily
| while the station is the McGaw shaft. From
present indications future of Superior and
seems most promising"
NEW BALTIC
No. 8 drill hole at the New Baltic is down over $50
feet was necessary to change bore from a s.
inch drill to rs inch diameter. This drill will
be capable of going down to a depth of 1900 feet
The drill recently cut the lode lying directly vest
of what is the West lode. it is expected
that the New Baltic vein will be reached within
other 100 feet. Results of this boring will determine
| the location the permanent shaft.
New Baltic 10000 shares outstanding aud has
funds sufficient in its treasury to carry the
for year according to the plans they
outlined. ~ ''
ONECo-
This issue has rather during the past few
days due to Disappointment the failure to cut
the oneco lode showing in holes No. 6 and No.
neither point the boring show any satisfactory
naturalization.
informed that considerable block of the
stock sold this week by Eastern holders who
compelled to take this action protect other
holdings Around $500 the stock well supported.
COLUMBUS CONSOLIDATED
Shareholders OF Columbus Consolidated have received
the annual recently issued. and regard it
rather unfavorable statement. AS be
certaned, the company is in debt close IL $4,000. IN
Assessment OF % per share has been levied and
vii, delinquent April 12tn this will provide ar
~ yimately $4,000 Should this be applied
on the Indebtedness there viii il So 0Ca raise
In addition, the company win require funds 10 con-
tinue regular operations the property this
close to $4,000 a month.
To sum up situation, II is quite evident that
the future of Columbus Consolidated is far from
bright. the contrary. 1t how the
company proposes to continue operations IL
coming assessment is paid by all of its shareholders