The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-21

UNITED STATES LIGHT & HEATING COMPANY
! We frequently to suggest priced indus
trial issue which offers speculative we investment
possibilities. our attention has called the posi-
ton which the United States Light &Heatng Companys
stock both common and preferred. occupies. The
common stock is quoted SIX while the preferred
trades between sss and 50 share instance,
value of the So The Company 1.25OOOO
shares of and 100000 shares preferred
outstanding The preferred a 795 stock
The Company is doing handsome business at the
present time, and earnings the of
| three and four cent the common stock,
200 its selling price The Companys business
y established increasing daily, whine
is in excellent hands. Stockholders recently
change par $40 to 500 a share which
believe indicates the likelihood early listing
York exchange
Among the directors OF the Company Theodore p
shonts. Edwin Hawey Newman Erb These men are
connected with of the railroad companies
the country and their connection with United States
Light & Heating Company adds materially fits
The Company the successor to the National Battery
Company, Bliss Electric Lighting Co, several
o;her corporations of similar nature. 1t holds patents
covering storage batteries
the light and heating of railroad and
SUPERIOR GLOBE
Superior & Globe has discontinued drilling in the
hole, which has given attention for almost a year.
and has moved it's drilling OUTFIT to point The
hole bored feet, It was started
from the bottom of the shaft. which had
feet the total depth explored 1000 feet
hole The company met with
cover body. Occasional stains copper
showed up in CORE ore was disclosed. The
toring was attended with much difficulty owing to the
through which the drill passed. necess
tstng much cementing
Superior q Globe has funds trolsury to
stilI do a limited amount drilling When thu is nm
ished it is quite likely property will pe closed
Gown The company will patent its claims
in its treasury to pay property unless
the developments Indicate something very promising
more orportune time win be awaited further r.
nancng Shareholders there will be no
assessment called in the future and is likely
less general market conditions show betterment
Superior Globe has the advantage having property
fly paid for and If it is found necessary
down it will not take long before conditions improve
work in the vicinity of c. claims developments
which win make obtaining funds a comparatively
-.. d rL1Is
Farview shareholders given opportunity
week of famiarzng themselves with the inner
details oxtheir property develops company
is indebted the extent of
due I'm short time 1t is impossible at this
the money due. and those who hold companys notes
Fairview have little to look However OF
the company's largest creditors is the district in
effort to the cooperation of the local shareholders
In the effort to GUST the present management
BRITISH COLUMBIA
The directors of British Columbia decided pass
tie regular quarterly dividend further disburse
expected time as the fuel sltua-
ton in the camp is righted. British Columbia
producing the of 100000 pounds copper per
ennum, but since the shortage of pro-
rounccd has fallen materially. the pro-
6ucton mentioned estimated British
lamba earning $4,000 per with copper selling
at f2h per pound.
sHATTucK ARIZONA
AZ rich in the Shattuck recently has been
assayed copper running high 1e per cent
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