The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-06-24
MILLER e. co.
BOSTON, MASS, JUNE %.

BOSTON, MASS, JUNE g.
There is quite good 12% cents thirty
days but feature of the Lake cop
and electric sold practically same level ant
the terms for time past. days LAX,
was accustomed to sell "A premium electro another
unusual feature has been casting copper has sold
around l2% cents whereas its estate previously
lowy The unknown factor the do
nestle demand There has been quite little buying
this source but to just what extent is will pro-
bIemacal for time The people here
looking substantial decrease in surplus and a
thrteen-cent market for the metal.
Production the properties has be-
into the markets is likely continue In
that strain until they reach their climax There
big sudden gut of metal the Utah
and Nevada Consolidated properties began figure
the market Conditions too nave been against any such
sudden gut present and they all for when
Cured in the past In those days the metal
declining whereas at the present the prop
critics coming into the market with a constantly
broadening demand.
Some day in the future. statscians when the
episode is matter OF history. will find
ton in figuring out just how much money lost by lack
of little regulation the immense output that came
from the new sources marketed In the proper way.
Copper the worst counting the labor,
supplies the transportation the increased prices
prices would the years
per pound easily kept
there without nnicting hardship
business get its normal Roadway under public
future will quickly only
thirteen but II and Is cent and
higher prices Copper has stood four almost five
years assault. a speaking
position a commodity that IL his come about
every kind hardship that could be imagined with
sumption during the period of
SOOOOOO pounds 1907 to 127OOOOOO pounds per month
at the present time.
]. H. CODY, OF MILLER & co.
NORTH BUTTE
Butte directors Monday and declared the
tery dividend Of thirty cents share This dividend is
payable July stockholders of record July Sth With
the payment Of this dividend the company will dis
total OF $2515 per share There
talk of the directors passing this dividend en-
tirey who in position to know best the
condition the companys finances secuted this report
NORTH Butte doing rne better than earning its
ent dividend and as developments property continue
to be very natterng nature, there is
pect anything increased earnings the property.
Considerable attention turned TO operations at the
$500 the Spectator shaft At this point drill
erations disclosed promising ore body and like
exist the Diamond property of
reasonable to expect that I'm its lowest
workings North Butte will open up much better grade
than was levels above FOR the
of secondary enrichment reached There is dis
POSITION however among the speculative element to
sell North Butte all strong spots. We believe North
Butte a much better purchase than sale.
MIAMI INSPIRATION
For the present least all negotiations looking toward
the consolidation Miami and Inspiration have ceased.
one prominently connected with Inspiration
is the authority the following statement:
inspiration arranging to construct 5000 ton
contractor Miami Copper Company desired to build ioin
power and plant. Inspiration preferred to CONSOLE
date both properties. Miams which the
could be acceptable to Inspiration There
fore the deal is of Inspiration developed about g.,
COO which win be Increased materially dur
ing months An ample water supply has been
secured a mill site will be decided shortly"
It believed by those who know best the physical
necessities property that the deal Is off permanent
~ The consolidation of Miami and Inspiration would be
natural Inspiration the OF the two pTcpcr
ties although brought to the same stat
of development The latter property has It's
already in operation AS property Miami and
respiration Jointly operated much economi-
cay than single companies In fact 1t is our opinion