davidaulloa/AmericanStories huggingface dataset:
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
UNLISTED STOCKS.

j. A. Minnear & Co. say today
The copper producers figures for
July were published today and showed
a decrease in surplus of 19,695,O00
pounds. much better than expected.
The announcement seemed to be a sig
nal for heavy selling in the New York
list and around noon, declines ranging
from to points were seen in the
more active issues. There was n sharp
recovery just before the close, although
there were net declines in most in
stances. The selling move was largely
in the nature of raid, and 1t looks as
though we would see some further adj
vances before the week closes. Cop
per shares held firm in spite of the
New York weakness. Amalgamated
declined two points but closed near the
top. G. & a. was off over a point in
the noon trading. G. & III. sold down
to Si25. the lowest since 1904. on the
curb there were few important
changes. Holders of stocks refused to
market them around present levels. S.
& b. sold at $59s. We are told to watch
South .Hecla and Columbus Consoli-
dated for an upward swing.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
Better Times Comins.

Horace J. Stevens, the well known
copper expert says, on the future OF
the Lake superior copper district:
Dull times. caused largely by the
present noisy and incessant political
and social agitation. are the rule IN a
great majority Of the American indus
tries at the present time Viewing our
own district the forces employed are
smaller than a year ago, but the de-
crease probably is only about ten per
cent. Dividends are smaller. but the
shareholders in the good producing
mines are all getting something I'm the
way Of interest on their investment
OR tho future I can see nothing but
such alterations OF activity ana
quiescence as have ruled in the past.
The hopeless pessimist Of the present
day IS the same man who was incur
ably optimistic early in 1907, when
copper sold AT twenty-siX cents per
pound and i'm a majority Of cases will
prove 90 be the same man who will
bo equally optimistic, in another year
or two. when the local mines are add
ing largely 20 their forces. when rents
are advancing and houses are scarce,
when business g. booming In all COM
mcrcial lines; and the offices Of the
brokers are filled with people. nine
out 81 ten Of whom, as in the past,
viii cotlnue 20 buy 90 the limit Of
their capacity. and will not sell until
forced 20 let go az a loss As I'm most
other things, the truth lies between
extremes, and II Is the part Of wisdom,
IN times Of great business prosperity,
10 remember that dull times always
have and always will follow as well
as precede the boom days, and, for the
present. those Of little faith should
bear in mind that every period Of de-
preston like the present was preceded
by an era Of good business. and viii be
followed by another era Of good busi-
ness"
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
Brokers Gossip
Greene. Cananea.

Very favorable reports continue 10
emanate from the Greene-Cananea
property as To the cost of production,
and while the actual figures for June
are not yet available, 1t is believed that
they will remain in the neighborhood
OF cents per pound. the low record
for the mine, which was attained in
May
owing 70 the erratic conditions which
may attend any one month the man
agement has decided 10 wait until July
figures are complied before computing
the actual cost Of production. The
period covering May, June and July
will then be covered The necessity Of
taking the cost over several months
Is seen when il ls stated that owing
a. the breaking Of two converter stands
al the smelter copper production in
June fel OF over COG, ZOO pounds. Judg
ing from the present rate Of produc-
ton. July figures viii probably exceed
100000 pounds
Reports from the property state that
nearly an OF the mines are looking
particularly well, better than for some
time past This applies TO the older
mines. g. &C. the Capote. Elisa. Cobre
Grande and Kirk. The newer Sierra
d. C0bre is showing steady improve
ment.
In brief. the outlook NJ Cananea is
the most favorable in years. The fig
ures which are now being obtained arc
the result Of the untiring efforts Of
Dr. Rickett. who for the past three
years has been IN charge Of the prop
erty. remodeling the plants and bring
ing about the desired changes. At the
present rate OF production. Greene
Canauca is operating AT but 90 per cent
capacity.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
eoLDFleLD CONSOLIDATED.


The final figures for the month OF
June give gross value 90 the output
Of s92st7s and net earnings Of s646,-
sac. making june the afth successive
month of the year 10 show earnings
well in excess OF the present dividend
rate.
For the six months the company re-
ports gross earnings Of S5,SSs,sSS and
net OF S4.2iO.75f
Dividends during this period call for
about $4,000. 600. so thar the company
has earned these with about 100000
10 spare.
There seems 20 be good deal OF
misunderstanding regarding the nat
ure OF this property or rather OF the
stock that represents Il, which IS not
helped any by calling attention to
the fact that the stock sells around 6,
and that the company paid last year
81 per share in dividends, or, appar-
emily. al the rate Of 80 per cent on the
selling price OF the stock.
Mining OF every description is an
operation I'm liquidation; gold mining
particularly so. What the Goldfeld isl
doing today is really paying income
and returning part OF the principal OF
the investment. and the dividends paid
today cannot properly be regarded asl
all income.
Should Golddeld continue its pres
ent quarterly rate of so cents through
cut the balance Of 1911, IL will have
paid out. i'm 1910 and 1871, over Sl4,-
coo. 600 in dividends.
No gold mine can be expected toI
continue this rate of dividends indie
hnitely: if il could, gold would depre-
ciate i'm value even more rapidly than
II is doing.
II the Goldheld should not pay out
another cent. il would have to be con-
sidered as having been an enormous
success as a mining proposition.
We have made this comment. not
with any intention OF deprecating an
investment i'm these shares, but be-
cause we can observe, from the IN
oulries that we receive. that there Is
a good deal Of misunderstanding re-
garding the nature of such an invest
mcnt. and we wish to make as clear
as possible that the apparent discrep-
ancv between the selling price OF this
stock and the dividends that 1t has
been paying for the past year and
half IS due 10 the differences In judg- |
ment as to the life Of the present de-
veloped mine and the possibility ana
probability Of new discoveries.-Hay-
den, Stone & Co.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08

complicated and burdened with cost
ly features These are referred to in
my report for 1909 in dealing with
the increased cost of fresh beef be-
tween the butcher and the consum-
err"
The commissioners for the District
Of Columbia are much interested iD
the suggestion of the secretary OF
agriculture that an investigation into
the cost of living be conducted here.
The Democrats of the house Of repre-
sentatives have indicated that they
would conduct such an investigation
if asked to do so, but the secretary
of agriculture as well as the district
commissioners think such an inquiry
should be conducted by commission
of citizens.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08

At the Crown Reserves Porcupine
property three veins are being worked.
The important work consists of sink
ing from the 80 20 the 100-foot level.
At the 50-foot a drift is advancing in
No. vein and some rich ore, showing
free gold, has been encountered To the
northeast. the vein being three feet
wide there. This is 10 be investigated
at the 100. Another shaft is down 80
feet and preparing to cross-cut near
the northern boundary 10 locate a
vein exposed on surface. The third
vein was discovered five weeks ago
near the middle of the property, show
ing twelve feet width.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
NOTICE TO CONTRACTORS.

Sealed proposals will be received by
the Board of Supervisors of Hough-
ton County, Michigan on August 10th,
A. d., 1911, for the building OF Tu-
berculosis Hospital on the premises
of the County Poor Farm, Houghton,
Michigan.
Plans. specifications and instructions
to bidders are now on file at the Of
flee of the County Clerk of Hough-
ton, and also at the office of the Ar.
chitects.
Separate b''s will be received for
tho plumbing.)
The right to reject any and all bids
is reserved.
CARLTON & KUENzLI,
Architects.
Marquette. Michigan and Milwaukee.
Wisconsin. 10
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
MINES AND MINING, STOCKS

feient to meet the dividends for the
same period
The output .of the mine 20 June 30
was 2.2f3.7O9 ounces. Last year ac-
cording 10 the annual report. the cost
OF producing silver was 14.72 cents per
ounce. Taking the same cost this year
and assuming the average price of sill
Yer To Doe SO cents per ounce. a net pro-
III OF 3S.2S cents per ounce is shown.
ON "A production of 2,243.709 ounces for
six months this shows a net profit OF
SS5S. S9l. Dividend requirements in
this period call for 100000.
The shipments by months. with the
.rtir,, n ia mo- ,.nltn ~ fhn ~ rne ,,.nrn.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
connsr Producers, Report.

Copper stocks decreased 19,695,3O6
pounds The Copper Producers asso-
citation reports copper stocks on Aug
ugt 1st as l3I73s,S5S pounds, against
157,434.164 on July I.
Production in July, 112,167.934; June
124,554,312.
Domestic deliveries In July $685.
$50; June 61,655,56l.
Foreign deliveries in July 7I,SSO,G5s;
June, 7l,46O.519
Total deliveries in July, 131 $685.
24O; June, 133,1lG,OSO.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
LEGAL NOTICES.
July is, %; Aug. /, 8.

July is, 25; Aug. 1, s.
STATE OF MICHIGAN,
The probate court for the County Of
Houghton.
At a session OF said Court, held at
the probate office in the village Of
Houghton, in said county, on the
18th day Of July. A. d 1911.
Present: Hon. Geo. c.. Bentley,
Judge of Probate.
In the matter Of the estate of George
Maresich, deceased.
Iliaj Maresich having filed i'm said
court his petition praying that tho adj
ministration of said estate be granted
to Louisa Lesh or to some other suit =
able person.
1t is ordered, That the 18th day Of
August A. ID. 1911 at ten o'cocI i'm
the forenoon, at said probate office, be
and is hereby appointed for hearing
said petition:
1t Is Further Ordered, That public
notice thereof be given by publication
of a copy OF this order. once each week
for three successive weeks previous to
said day OF hearing. in the Calumet
News n newspaper printed and circu-
lated in said county.
tSeel) GEO. c. BENTLEY.
Judge Of Probate.
A true copy.
Geo u. Freeman,
Register of Probate.
II. f. LeGendre,
Attorney for Petitioner.
Business address:
Laurium, Michigan.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08

The shortage OF power early i'm the
year explains the poor showing made
up 10 March. In the succeeding quar-
ter. however, Nipissings output was
more than sufficient for dividend re-
quirements.
It is believed that the cost now be-
ing made is less than last year, for
the mill recently installed should re-
duce costs the recovery should be
greater. an additional saving made on
freight and better price obtained for
bullion.
The financial statement of the Nipis-
sing Mines Co. showed that on July
LIST the company's cash in bank. ore
In transit. at smelters and .at mine
sacked ready for shipment. amounted
TO $1.419279 which was the largest in
the history Of the company. From
this amount there has been deducted
the July 2Oth dividend of S45o,OOO.
Nipissing, like other Cobalt mines.
has never carried large reserves COM
menSurate with the market valuation
OF the property. Notwithstanding the
production which the company has
made in the past the reserves have
been maintained and at the first Of the
year stood at 6.55O.OOO ounces of silver
or greater than at any time in the
history Of the company. Nipissing's
area of approximately $50 acres is the
greatest of any of the Cobalt proper
ties, and as area in the Cobalt camp
is Of great importance, it will be seen
that in this the company has a valua-
BILE asset.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08

day We're very favorable but the very
much lessened production accounted
for ii and was attributed TO the ex-
treme heat of the first half OF July.
which effected the smelters output. At
any rate. copper is no longer piling up.
II. J. Sturgis.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
MARKETS

Boston-The clean up of the late liz
uidation was apparently reached today.
II was reliably stated that $4,000
shares OF steel were taken over at s71.
cleaning up n bull pool. The market
rallied fairly well and now viii prob
ably he duh with a hardening tenden-
oy. The copper producers figures to-
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08

WANTED-To hire driving horse and
buggy by month or week. Address c.,
Calumet News.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
Ninissinn.

The recent slump I'm Nipissing stock
my have been due TO the fact that six
months earnings were not quite suf-
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
FOR SALE
AGENTS WANTED.

town TO represent an old established
life insurance company that makes a
speciality of temperance risks; low
rates and liberal contract To capable
man. Address $. Wilson, Secretary,
25S Broadway. New York. 10
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
UNDERWRITERS AND EMsALMss,
Co.

UNDEkTAkERs AND EMBALMERe
Phone IA Holman Bldg, caIunnst. Mica
All calls attended to either day o.
night We also handle frssh out Nsw.
srs for any ooeasieN.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
FOR RENT.

TO RENT-Furnished rooms for light
housekeeping, all conveniences. Apply
News office. 10
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-08
Farm Lands!

We own 80 acre improved farm
three miles from town on main trav-
sled road, " mile to school; on tel
sphone and rural route. Located in
prosperous community land is
level; clay soil, clay subsoil; free
from stone; 30 acres under oultiVa-
ton and free from stumps; IS acres
maple timber; balance land cleared
and in pasture. New 5-roon frame
house. New stable. Price $500.
Terms $500 cash; balance long time.
We also own several other farms.
Send for list. We are located 70
miles northeast Of ST. Paul, in Bar
ron County.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
MAIL CLERKS ACTIVE

Huron State Spirit: Although APP
parent quiet has prevailed among the
railway mail clerks of late, it is now
evident that great deal has already
been done in their behalf, and that
the strife movement has benefited
both them and the public.
A petition signed by 400 railway
mail clerks requesting the five clerks
of the Tracy and Pierre route, dis
missed for refusing to do extra work,
be restored to duty has been forward
ed to the postoffice department, ac
cording to John T.. Thornton, publ
city agent of the clerks.
1t has appeared that the depart
ment, seemed bent particularly on
furnishing the men on the Pierre
Tracy run, and for this reason came
the necessity of petitioning especial
ly in their behalf.
The tension has been in measure
relieved by the apparent disposition
of the postoffice department to grant
concessions in respect to the grievan-
ces of which the clerks complained.
1t is promised extra work shall not
be demanded and the maximum of
road duty has been reduced from six
and half hours to six hours, making
the promotions which are, it is al
legged, long overdue. The department
also is interesting itself in legisla-
tion for steel postotfice cars on the
roads.
Railway mail clerks in st. P&ul
and throughout the country are plan
ming to send delegates to a conven-
ton to be held tt is spring when they
will organize national brotherhood
to become affiliated with American
Federation of Labor.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
THE 1910 CROP

Washington, March 15.-In the
crop growing pennant race of 1910,
Iowa wrested from Illinois first place
in the production of oats; California
took from Minnesota the honors for
the production of barley and New
York secured the hay growing title
from Iowa, according to an announce
ment of the department of agrienl-
ture.
In the production of important
crops in 1910, the leading two states
and the percentage of total crops Of
the country grown by them were de-
cided winners. The tables includes:
Corn, Illinois, i5.5, Iowa, ito.
Spring wheat, Minnesota, 40 Z;
South Dakota, 2o.2.
Oats, Iowa, 81; Illinois, 15.1.
Rye, Pennsylvania, 1916; Michigan,
1872.
Potatoes, New York, 1872; Michi-
gan, 1914.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
General Sale and Lease Notice

Notice is hereby given that sale Of Common
School Lands will be held in the following coun-
ties: Dawson April 3rd; Hanson, April 18th:
Hutchinson, April 5th Codington, April 18th;
Deuel., April 8th; Hagnlin. April 10th; Day. April
l1th and Brown. April 18th; and sale of FIN
counties. Marshal. April 18th: Mcpherson, April
l4th Edmunds, April 18th and Potter, April 18th
AL sales will be made at public auction at the
named, between the hours of 10 o'clock m. and
o clock p M
All Unbiased lands remaining unsold will be of
fered for lease on the day following the sales by
the several county auditors except in Deuel.
county where the date of leasing is April 10Th
and Edmunds County, whore The leasing date is
April 18th. The leasing date in Bon Hornme and
Turner counties is April Bird.
Dated at Pierre S. D., January 31st, 1911
r f. BRGNKER,
1919
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
Mortgage Sale

Whereas, default has been made in the pay
ment OF the interest on the iiioisy secured y
mortgage dated the 23rd day OF November a, u.
1850. executed by MaGde Creber. q widow. OF the
County of Chocktaw and state of Oklahoma to
Merry Ida Renwick Of the County OF los Angeles
ana state OF California and which NOR tgaGe was
recorded in the office of the Register Of Deeds OF
the County Of Hughes, state of South Dakota, m
Book 100 OF Mortgages, on Page 334, on the 10th
day Of December 1892, NJ . ocIock a. M ana
Whereas. No actor, OK proceedings at law, or
otherwise have been instituted to recover the
debt secured by said mortgage. or any part
thereof
that il default would be made IN the payment OF
any portion of the principal or interest prompt
at the time the same should become due, or II
default be made in the payment OF the taxes
assessed or to be assesseei s2id premises before
the same become delinquent, then the whole sum-
both principal and interest at once become que.
WHEREAS, Default has been made in the pay
ment of the taxes assessed on said real property as
agreed by the said nortgagor IN sad noflgage'
and
WHEREAS. The whole amount Of the principal
and interest has become due by reason Of such
default; and
WHEREAS, The amount claimed to be due upon n
said MORTGAGE AT the date Of this notice, is the
sum of Three Hundred and Ninety-one Dollars
and Sixty-one Cents tS39l.6ll to-wit: Si2oo9 pIn-
cinal- and Sal 81 interest and Twenty-Five DoiafS
al torr,sys ssea= allowed ley law
Now THEREFORE, Notice is hereby given that
by virtue of tine power of sale contained IN SAID
mortgage and duly recorded as aforesaid. and IN
pursuance OF the statutes In such case maze anu
provided, the said mortgage wlil be fureclosed oy
sale of the rrortgaged premises therein descllD-
ed at public auction at the front door OF the
Court Housein the City of Pierre, and County OF
Hughes and State OF South DAKOTA, on lhe
25th day of March 1911, at L. o'clock ~. the tore
noon of that day. The mortGaged premises are
situated in the County OF Hughes. in the State OF
South Dakota and are described as follows to-w1t'
Lots number Nineteen Q9) Twenty t2O), twenty
one cd. Twenty-Five 22), and Twenty-three ~,
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
HERE WE ARE

A new enterprise in the city. T.,
the undersigned, have leased the Ed
son stable back of the green house,
and have put in a stable of saddle
horses for public service. l have
single footers, double footers and
some with no feet at all. Come and
see me. ] have horses for sale or
trade from 8 years old to 20 and older
if you want them. Don't forget the
stand. I can deliver the goods.
DIR. w. c.. HULL.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23

State of South Dakota,
sss In Circuit Court
County of Hughes ! Sixth Judicial Circuit
Thee. Hamm Brewing Company,
corporation, Plaintiff
r. l.. YoIsum, Inez Yokum Charles SUMMONS
N.Spratt. and The First National
Bank of Pierre, q corporation,
Defendants.
The State of South Dakota Sends Greetings
To the above named defendsnts:
You, and each of you, are hereby summoned and
required to answer,the complaint of the plaintiff
in the above entitled action, which said complaint
viii be fled in the office of the Clerk of the Cir
cult Court of the Sixth Judicial Circuit of the
State of South Dakota,within and for County of
Hughes, and to servea copy of your answer to
said complaint upon the subscribers, Sutherland
Commerce Building in Pierre, Hughes County
South Dakota, within thirty days after the SER
vice of this summons upon you. exclusive of the
day service and you fail TO answer the
said complaint within thirty days after the COM
pleted service of said summons upon you, the
plaintiff In this action will apply to the court for
the relief demanded in said complaint.
Dated at Pierre, South Dakota, the 21st day of
January, A. ID. 1911.
SUTHERLAND & PAYNE.
Attorneys for Plaintiff.
To the Above Named Defendants:
Please Take Notice. that the complaint in the
above entitled action was fled in the Office of the
Clerk Of the Circuit Court in and for Hughes
County, S. D., at Pierre, S. d. on the 18th day of
February, 1911.
SUTHERLAND PAYNE.
Attorneys for Plaintiff.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23

1t is noticed that the war depart
ment has asked for bids on 500 Mis-
souri, mules. In view of this fact it
may be that Champ Clark will recon
slider his refusal to drive through
Washington streets behind a mule
team.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
Estray Notice

Taken up by h. r. Finder on Sec.
Ii. Twp. 10. range 10, on or about
the 10th day of March, 1911. Rous-
seau township, one sorrel mare, 2
years old; star,in forehead; two hind
feet white, no other marks and no
brands. II. r. FINDER.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
PIERRE PARK POULTRY FARM

Buff Rocks and White Wyandottes,
Eggs and Stock for Sale
The Buff Rock Cockeral at the head
of my LIST pen won the first prize at
the state poultry show at Mitchell,
S. D., January 81 to February 8. L
have other prize winners mated to
him. r. u. DEXHEIMER.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23
Lease. of School and Endowment Lands

Notice is hereby given that on March 9th. 1911,
ment lands in Hughes County will be
offered for lease at public auction between the
hours Of 70 clock . m and O'Clock D M at
Dated at Pierre, January 23rd 1911.
F. T. BRTNKER,
1873 Commissioner of School and Public Lands.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23

Once more Uncle Sam has decreed
that the printer must get along with
out the stamped envelope patronage.
Congress failed to pass the bill which
would have checked the government
from doing the printing free of
charge.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1911-03-23

The farmers have commenced seed
ing in this section, and in very short
time the crop of 1911 will all be in
the ground. The weather is ideal
and the soil is in excellent condition
for spring work. The acreage will be
vastly increased over year ago.