The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-06-03
KEW EENAW-
MINING NOTES


The Agassiz and Shaw estates together mold l415s
shares Of Calumet & Heca and 2.G72 osceoa.
Chief sold per share this week Around
this price the stock certainly looks attractive. and
think It should be bought.
plans until reaches the three
veins diamond drilling about year It's surf
ace equipment sufficient capacity take the
shaft any deeper p % ijs4
The annual meeting OF Greene cananea shareholders
will Duluth. June 10th. The report
will timeand it said viii be
a very satisfactory document
on the 1000 foot level Tuolumne is opening body OF
ore running between per copper. Ave
in width. The believes that it Is the
extension of the Edith May vein.
Groux strong yesterday and advanced almost
point There particular account for the
movement except the increased which has devel
opod in the so-called Cole Ryan
TIE report Superior Just issued shows
the Company have Indebtedness of $S5OOO Of which
practically 100000 the bond Developments at
the property progressing a very satisfactory
Some slight inconvenience is still being experienced at
the Tamarack shaft. The the s1st level is
burning out, developing gas No seri-
expected from the conhagraton at
this point
The buying of Calumet Arizona continues TO be of
exceptional class, and undoubtedly indicates the hope
funess powerful interests copper mining in the flu
ture Of the metal Calumet & Arizona will be one Of
the first respond bettermen in metal quotations.
Superior been rather inactive and little
interest developed in the this week 1t will
take much restore 1T to favor active
trading ISSUE Results from Developments the old
Dominion vein will be of much Importance to the prop
erty.
The adjourned annual meeting of stockholders DEM
Arizona has for 10TH The strength in the
stock of said due the possibility of
the sale of the to other
interests There very floating
the
The shaft being sunk the Indiana is 100
feet deep A compressor installed with
the of drills sinking should progress much
rapidly Indiana strong late in
the sympathy with the favorable developments
at North Lake.
The combined production of Calumet & Arizona and
Superior Pittsburg for the month OF May 1927
tons practically the reported for the month
of April consolidation makes
it Of production of each Com
pany separately
Boston continues strongly advise the purchase OF
Mayhower and Old Colony. This advice is based
that the St Louis property of the Calumet s.
to develop what is believed to be the
vein, when will undoubtedly be located the
properties of both Mayfower and old Colony
fortnghy statistics indicate that the Eur
opean stock of copper as OF May 222 TONS
while copper supplies increased 35 making
the total decrease visible supply 2S47 The
visible supply now 72OS4 against 74.4S1
May 18th, and 1O6,S15 May 81 1910.
The contest for control Columbus Consolidated will
take place today Lake City. The Jacobson In
terests claim they will be able to themselves
CONTROL while those who working for man
agemcnt maintain that which they have de-
has been suf1 TO
them stock enough to the old management
The agreement the curtailment of production
which was established year expires August
1s It is understood negotiations pending for
the extension agreement for period of at least
another 1t is hoped 10y that time that the
metal will have put in such position that
any further curtalment viii not he found necessary
with persistent strength in New Baltic which Is
selling S7a share, Oneco at $3.50 share looks
cheapest stocks in the Lake Superior dis
trict onoco is sinking shaft while date deve
opments have not extraordinary nature. the
prospects for very bright. The Company
the remainder of the year.
Santa Rosalia will probably operations at its
property Mexico this month. The adjustment Of
litical differences Mexico will longer dis
turbing influence. Shareholders looking for
cal statement and report which promised them by
the company the time the reorganization
nounced. Sufficient elapsed for a statement
this information.