davidaulloa/AmericanStories huggingface dataset:
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
CURB STOCKS.

]. A. Minnear & Co. say today
The markets were firm at the open
ING but towards the close, the New
York list was subjected TO some pron'
taking and closing prices were about
the lowest for the day. There was Ut
tie news of importance and we are like
ly TO see no heavy trading in the lead
ing exchange until next week. Copper
shares were in heavy demand today
particularly in the morning session
Mohawk. Allouez, Centennial, lamar
ack and Isle Royale came In for con-
siderable attention at higher figures
BUYERS of these issues found the mar
ket bare of offerings and orders were
executed only after bidding prices up
Mohawk is meeting fine results at the
No. 6 shaft, the vein on the ninth lever
showing UP in the crosscut as good as
Ahmeek. The local list was prlsK
with some good buying of Hancock In
evidence. L. S. & A. was " bid with
no news on the option announced. II
the option is exercised, the stock is
easily worth IS per share.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
BUTTE MINES PAYROLL
s1,25oOo0 EVERY MONTH

A payroll Of a million and quarter
dollars a month, divided among a little
ever 1000 men employed oy the var
ious mining companies operating in
this district leaves no doubt that Butte
still maintains the position OF the
greatest mining camp on earth says
the Butte Inter Mountain.
The record Of the district for 1911
has been most notable. In spite of the
fact that curtailment Of between Is
and 20 per cent has prevailed in cop
per production, the money expended by
the Anaconda Copper Mining compa-
ny alone I'm the II months drawing 10 a
close for Improvements, new machin-
cry new buildings and development
work will run into the millions, aside
from the monthly payroll. Truly,
Butte has had a wonderful year, but
how many people realize the vast
amount OF work which has been car
lied on and that every day in the year
nearly $1,000 tons Of ore have been
sent 10 the shelters for treatment
mined by little over 1000 men, re-
warded from a payroll which Is tho
largest In the world considering tho
number OF men employed?
The Anaconda company alone at tho
present time has on it's payroll S,161
mer and 10 this number must be added
the men employed in the Independent
! properties, such as the North Butte
| Butte and Superior. East Butte, Tue.
lumne Butte Alex Scott, the Ophir D
the Butte Central Copper company anc
lotheTs
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
GOLD DREDGING IN U. S.
Nearly 100000 Recovered in 1910.
According 70 Geological Survey.

Nearly $4,000, 900 Recovered in 1910.
According 70 Geological Survey.
The recovery OF placer gold by inn
proved dredging methods has come TO
be- an important factor ia the total
cold PRODUCTION OF the country Cali
frrnfa IS much the largest producer by
these methods IN 1910, according 20
figures complied by r. d. McCaskey.
~ tho United states Geological sur
vev tho total domestic production OF
gold by dredges was ss,zs31O6, which
was an increase OF &50s.726 over the
Gaures for 1903. The production Of
California increased proportionateiy
and was s7550.254. compared with 81
2sgq50 FIN 1909. that OF Alaska in
creased from si2iss3 90 1903 TO $500
600 I'm 1910: that of Colorado decreas-
cd from S40lG0l in 1909 20 &3i42l0 in
1910. and that Of Montana increase
from st264s9 in 1903 90 S473,3s5 in
1910 The output Of Idaho and ore
oor combined furnished the small re-
maindor. the production from Idaho
being nearly three times that Of ore
gon.
There were 1t3 dredges in operation
in the United states in 1910. Of whicl
70 were in California, is in Alaska
oecb IN Colorado, Idaho and oregon
and & I'm Montana. In 1903 there wer
Ga dredges operating in California /
In Alaska. in Idaho. In Colo
RADIO. in Montana and 2 in oregon
The total production OF gold fror
6redging in California TO the end
1910 has been s4O,S1s,775. OF the to
,al gold output Of California In i9l
che dradges supplied over 3s per cent
"a NJ the total placer produciio
they supplied IS per cent.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
MINES AND MINING, STOCKS

der the business policy-and there are
men who kick because the Osceola did
not produce a few million pounds more
of copper for the year just closing. 10
market il at 121s cents. To the writer
the few millions are much better left
i'm the ground. so that when brought
out, under fair metal prices, stocbholo-
ers viii see their property the product
Of their mine, selling for about what
II is worth. That is the business poll
IL is TO govern in the copper producing
world; that the resources of our mines
are going to be conserved, in a way at
least TO assure a permanent stable
and fair price for pound of copper
Native Copper Times.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
MicHIGAN'S LAW TAXING
RESERVED MINERAL RIGHTS

What is expected 10 be a source or
considerable revenue 20 The state OF
Michigan is the law providing for the
taxation OF mineral rights passed by
the last legislature A stiff fight was
made on this measure. II was put up
not SO much by the mine owners as
10y the owners OF the minueral rights
on wild lands on which the surface
rights have been sold, but the bill was
finally passed
The law. in effect, puts reserved
mineral rights in the same category as
the surface rights. 1t is assumed that
they have some value, or else they
would not be reserved. The assessing
officer is empowered TO assess these
lights at their true cash value. and the
owner thereof Is required to make a
sworn statement Of their value, al
though the owners figures 90 not gov
orn the assessing officer.
Mineral rights are reserved on hun
dreds OF thousands OF acres OF upper
peninsula lands. In many cases whore
such reservations are made the land Is
not in territory where there is any like
Uhood of valuable discoveries being
made. and the rights are worthless.
They were reserved principally be-
cause Il has been the style 10 do so in
upper peninsula deals in wild lands
that lie anywhere near the mineral
belt.
There are other mineral rights that
have entirely escaped taxation that are
held al fancy figures when any attempt
is made TO purchase them or 10 explore
on the land that they cover. and It is
believed that the law viii furnish an
opportunity 10 collect taxes where I'M
doubted values exist that have here
tofore entirely escaped. In many cases
the owners Of such lands have stood in
the way Of progress. refusing to ex-
plore them on their own account or to
make terms that viii permit other In
.terests to explore them.
The new law is operative this year,
and next spring the assessing officers
are expected 10 put valuable mineral
rights on. their rolls I'm the same man
4tI li.aA my NtuAA IA AAlte Ntit 81
much real estate. They are TO pay
taxes at the same rate as real estate,
and are subject TO all the provisions OF
the general tax laws Of the state.
Just TO what extent mineral rights
viii actually be assessed in the upper
peninsula is hard to predict. With the
.readjustment in progress because of
the boost given the iron properties. and
the consequent burden OF extra work
that has been thrown on the assessing
officers this year, it is not probable
that any general effort will be made TO
set the values Of the reserved mineral
rights on the roll. But as the tax
commission has the same power TO re-
view them that it has to review other
property, in the course Of time IT is re-
gardcd as likely. II the law stands,
that the combined mineral rights of the
upper peninsula will be assessed for a
generous sum.--Geo. T. Edwards in
Mining World
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
.IoAL NOTICES.


Dec. %; Jan. 8. 10, IL.
The probate court for the County OF
Houghton.
AT session OF said court held al
the probate Office I'm the village OF
Eoughton I'm said county. on the
96th day OF December A. ID. 1911.
Present, Hon. George c. Bentley
Judge or Probate.
In the matter of the estate of James
Rosemergey, deceased.
James r. A. Rosemergey having nj
cd In said court his petition praying
that a certain instrument In wriung
purporting to be the last will and tes-
lament of said deceased, now on file In
said court be admitted 10 probate, and
that the administration of said estate
be granted TO James II. A. Rosemergey
or to some other suitable person.
II is Ordered, That the 22nd day OF
January A. ID. 1912. at ten O'Clock IN
the forenoon. at said probate office. be
and is hereby appointed for hearing
said petition;
II is Further Ordered. That public
notice thereof be given by publication
OF a copy OF this order. once In each
week for three successive weeks
previous to said day of hearing
in the Calumet News. newspaper
printed and circulated in said county.
(SeaD GEO. g. BENTLnf'
A true copy. Judge or PROBATE
I.illas G. Mitchell,
Register OF Probate.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

Boston-Copper shares rose further
today and were much more active
than any day yet. Commission house
business greatly increased and the
market was broad and buoyant until
the last hour when the pace slackened
somewhat. II may be that profit tax
ing will be tempted tomorrow owing to
the extent and rapidity Of the advance
II may be as well to wait day or SC
before buying more and let the marke'
settle a little and digest this rise. IL
is here to say. however, and prices VIII
work higher eventually. J. Sturgis
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

Dec. 20, %: Jan. 3, 10, II. "a.
STATE OF MICHIGAN,
Circuit court for the County of
Houghton. in Chancery.
Lydia Helkkinen, Complainant VS..
John Heikkinen, Defendant.
State Of Michigan, County of Hough-
ton, IS.
In this case 1t appearing that the
defendant, John Heikkinen. Is not a
resident of the state of Michigan, anu
IL further appearing that his where-
about are unknown to the complain
ant i'm this case, therefore. on motion
of Galbraith e. Mccormack, solicitors
for complainant, 1t is ordered that the
said defendant enter his appearance
IN said cause on or before Ave months
from the date Of this order and that
within twenty days the complainant
cause this order to be published IN the
Calumet News, a newspaper published
md circulated in the County oil
uouehton and state of Michigan, said
publication to be continued once in
each week for six successive weeks
DATED this Goth day Of December A.
ID. 1911.
C. Albert Marsch,
Circuit Court Commissioner
Galbraith & Mccormack,
Solicitors for Complainant,
Business address:
Calumet. Michigan.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
MARKETS

Boston-Coppers continue to increase
in strength and activity with the Lake
Coppers in the lead. Copper Range
sold up 20 57h, Lake to S7hs, Han
cock TO 31A and Osceola to ITO. The
metal is strong at IA cents and VIII
go higher after the first OF the year
This boom i'm coppers is just starting
and will go much farther. New buy
ers are taking all the stock the tired
holders are selling and they will make
good profits. Keep long of the cop
pers-Foster Of Paine, Weber & Co.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
osceoLA.
In Good Condition TO Respond to I'm
proved Metal Den1nd

IN Good CONDITION TO Respond to I'm
proved Metal Dem md.
Csccola has announced a dividend
~ $3.50 per share. which shorld De
y,1y satisfactory. The production de-
creased somewhat. meaning more coli
per In the mine. to command a higher
price per pound. Physically, the Os
coca is in good condition 10 resppri
to any improved demand for the metal
and even with the same production
in 1912 as for the year just closing the
dividend rate will be marked up ma
terially, as between IA and 10 cents
per pound will enable the mine TO
write a different story than is possible
with the metal at 1874 cents per pound.
The Osceola, on a production CT
2O,OO0,OOO pounds per annum, and a
market price Of 14ih cents per pound
would have a margin of four cents
per pound allowing a ten and a hal
cent cost, which would be equal L
$500 900 per annum. With an outpu
OF 25.OO0.OO0 pounds and a 1874 cen
"copper" market. with 10k cent cost, an
the profit would be 100000, or In othe
words 20 run the mine on the polio
lof get out all you can, regardless
market conditaions. the mine would b
robbed OF 100000 pounds OF cope
for the year. and earnings would be III
tie over half what they would be un
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
COPPER DEMAND
EXCEEDS OUTPUT
CONSUMPTION HAS ESTABLISH
Ed NEW HIGH RECORD WHILE
PRODUCTION HAS FALL
EN- OFF.

Notwithstanding the new sources OF
production, and despite the fact that
imports of copper were the largest on
record. the 1911 production win show
a decided falling of, compared with
the figures of last year
For the eleven months ending No
vembcr 30, the refinery output as re-
ported by the Copper Producers assoc
citation Is placed at about 1903. 900, 900
pounds. Assuming a December output
of 12OOOO.O00 pounds, we have total
for 1911 of l,42s,OOO,0OO pounds, against
the 1910 production of l,452,122,3O
pounds.
Consumption, on the other hand.
has established a new high record,
despite the fact that domestic deliv-
cries viii fan short Of last years fig
ures. For the eleven months reported
upon domestic deliveries aggregate
643623,131 pounds, 20 which is added
the December estimate OF 7O,000,0o0
pounds, thus pointing TO a total for
the pear OF 713,623,13l But this
showing Is more apparent than real
as II must be remembered that in 1911
consumers carried no stock beyond
the immediate requirements. It should
De stated that last years domestic
deliveries aggregated 749,426,4
pounds.
Copper exports for the eleven months
reported upon aggregate 675,663,5l7
pounds. December deliveries give
promise OF reaching at least 75.o00,-
600 pounds. I'm the event Of which the
total exports for 1871 win be $50, $685.
ST. pounds, which compares with 722.-
431. 49f pounds last year. It viii be
seen that the exports have about made
up the falling off in the volume Of
domestic deliveries.
Estimates of consumption would be
incomplete without an accounting OF
the decrease in the worlds supplies.
which January /. 1911. stood az 3Os,-
S27 400 pounds The decrease for the
year may safely be placed at 100000
O0O pounds. which added 10 the foreign
and domestic deliveries for the period
above mentioned, gives US total con-
sumption. in round numbers. Of l.
5Gt29o00O pounds.
No one will dispute the fact that
this counuy's business FOR the year
about TO close was considerably below
the normal. and that business abroad
was hamuered 20 no little extent for
reasons stfI fresh I'm the public mind.
II is. therefore an the more signih-
cant n note that the estimated vol
umo Of copper consumed Of l56A29o'-
600 pounds. above noted. IS equal 70
over 180.300.0O0 pounds per month
more than has ever been produced IN
"a single month I'm this country and
more than 1O.O0O000 pounds in excess
OF the average monthly production Tor
1911.
II would seem from the above that
too much attention has been diverte
te the new sources Of production, and
rarsfhl- not sufficient 20 the fact that
several mines have passed their zen
its. I'm any event consumption has fan
surpassed production. as witness IN.
efrlnkagc in the worlds surplus stocks
f.r which reason 10 seems difficult u
orcare the conclusion that the ne"
cr1rer supply win do no more thar
tend 20 restore the equilibrium am
CHECK "a runaway metal market.-Hay
Gen. stone & CO.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
oct 4-11-1s-25 Nov. 1-S-15-22-2s
Dec. 6-13-2o-27.
MORTGAGE SALE.

MORTGAGE SALE.
Default having been made in the
condition of a certain mortgage maze
bv William ]. Coombe and GERTRUDE
coombe. his wife, of Calumet Town
sbin. Houghton County. Michigan, par
ties of the first part, and Joseph W.
Selden OF the same place, party OF the
second part, bearing the date OF inc
Thirtieth day of January, a. ID. lsoN
and recorded in the Office OF the Regis
ter of Deeds for the County OF
Houghton. Michigan, on the thirty
first day OF January, A. d., lsof III
Iiber NM. Of mortgages, on pages ga
ais, which said mortgage was duly as
signed by the said Joseph w. Selden
TO the First National Bank or Caiu-
met. a corporation organized and ex-
listing under and by virtue OF the BANK
| ing laws of the United States OF Am
erica. and doing business at Calumet
Michigan, by a certain assignment oi
mortgage bearing date the tenth day
of August, A. ID. 1911, ane recorded IN
the office of the Register OF Deeds Tor
the County of Houghton, Michigan, on
the eleventh day OF August, A. ID. 1911
I'm Iiber SIS. Of mortgages on page
l1ao on which said mortgage there is
claimed TO be due ut the date of TINS
notice. the sum OF One THOUSAND Nine
Hundred Seventy-two and Eighty-hve
lone -hundredths Q972.S5) Dollars, and
lno suit or proceedings at law or IN
leouity having been instituted to col
llect the money secured by said mort
gage. or any part thereof;
Now. therefore, by virtue OK me
power of sale contained in said mort
gage and in pursuance OF the statute
lin such case made and provided, notice
lis hereby given that on the 2Sth day OF
December, A. ID. 1911. at ten o'clock II
the forenoon, there will be sold at pub
lie auction or vendue, TO the highes
bidder, at the front door of the Cour
House in the Village OF Houghton, II
1.-The County of Houghton. Michigan
Chat being the place where the CIR
lcuit Court for said County Is holden,
1.-THE premises described In said mort
lgage or so much thereof as may b.
necessary 60 pay the amount due oil
said mortgage with six (6) per cent In
terest and all legal costs provided 10
lin said mortgage, and an attorney lie
of Thirty-five $3.50 Dollars as also pro
vlded for I'm said mortgage; the prem
ses described in said mortgage bein
: all that certain piece or parcel of Ian
lsituated and being in the Township 9
IS Calumet. County OF Houghton, an
70 state of Michigan. ana described a
d follows: Lot numbered Seventeen az
q lin Block numbered Forty-rour CAD {
J. the Seventh addition TO the Village
, Laurium, according TO the recorde
: lplat thereof now on file In the ofic
lof the Register OF Deeds for the Cour
N lty OF Houghton, state os Michigan, e
In gether with the hereditaments and al
to purtenances thereof, excepting and r.
;, serving from the operation OF this col
% lveyance, all minerals and the right
- mine the same.
m Dated at Calumet, Michigan, tn
re Third day OF october. A. ID. 1911.
e. FIRST NATIONAL BANK OF
rs CALUMET.
- BY Joseph w. Selden, Cashit
Ell Assignee OF Mortgage.
81 A. w. Kerr,
- Attorney for Assignee,
Business address.
= Calumet. Michigan
ht
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
Dec .. 10. l6, 20, 2s. 81. 80.
ADDED DANyc.u rnNCnr InAT1

COPPER RANGE CONSOLIDATED
COMPANY.
Al meeting Of the Board OF d.
rectors OF the Copper Range CONSOLE
dated company held this day, n divi-
dend OF soc per share. being Dividend
No. 80, was declared, payable on Mon
day. January list. 1912. to stockholders
OF record at the close of business on
Saturday, December 9th, 1911.
FREDERIC STANwOOD,
Treasurer.
Boston, December 4th. 1911.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
classified ADS
FOR SALE

To close out surplus w. Wyandottes
will sell 100 yearling hens and pulletg
at s1.OO and $50 each. Cockerels and
yearling cocks at $500. One yearlng
Regal cock. $500 Chas 7. Davis. Cop
per Hnrbor, Mich.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
LOST AND FOUND.

observation-disclosures nickel case watch
with M. c. NJ. fob. between osceoia
and Red Jacket. Finder return to
chas. Hassei. 4s55 Red Jacket shaft.
Reward 2S
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

Classified Ads bring results.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

LOST-Gold locket and chain. between
High school and Tamarack Picture
inside. Finder return to News office.
-2S
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

LoST-Mesh pocket book. Between
Leans store and Laurium. Finder
return to News office. "a
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27
nELP wANrEp-MALs.

WLANTED-An experienced night
waiter at the Central Hotel, Red
Jacket. II
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

FOR sALE-7 room house and barn.
2507 ID st.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-27

FOR RENT-one furnished roem'
1925 Acorn ST.
The Dickinson press., 1911-09-09

T Trainmaster and Mrs. j. Fl. johnson
got away for St. Paul on Monday even
ing.
Mrs, Morrow and Miss Graalum of
New England were in Dickinson on
Tuesday en- route to Beach.
The P. E. o. Society will meet with
Mrs. E. A. Lillibridge next Tuesday
evening at 1880 O'Clock. By order of
the president.
Miss B. l. Vandoven, recently of
Tacoma, Wash, came down from Bel
field Tuesday and filed Un a quarter
section of land 20 miles from that
village.
Victor Christensen came in from the
ranch last week to be in attendance al
the opening of school. He is living with
the C. M. Dinsdale family until the
Christensen family move to the city after
the roundup season.
States Attorney T. F. Murtha, Police
Magistrate H. K. Nichols and stenog-
rapher Frances Burnett were at Manning
Monday, the gentlemen being counsel
in the case of a disputed homestead
right, heard before Commissioner J. A.
Palmer. The contestants were Russian
settlers in the vicinity Of Fayette.
The Dickinson press., 1911-09-09

J. X. Slack was in Dickinson from
Kniferiver on Tuesday.
John Hass. the Singer sewing machine
agent, who has been in Dickinso on the
past summer, moved back to Bismarck
on Monday.
Attorney F. c.. Heffron went to Min
neapolis Monday night. He is making
a hurried business trip and expected to
be back about Saturday evening.
Nurse Anna Reid, who has been caring
for Mrs. B. S.. Townsend the past "
weeks. expected to return to New Eng
land the latter part of this week. Dora
Poland is in charge of the New England
hospital during Mrs. Reds absence.
The lnterdenominational Sunday
School Association is asking that Sum-
day. Sept. 10 tn be set aside as Temper
ance Day. John Orchard. who is dis
trict president fol- the counties of
Morton. Stark. Hettinger, Billings and
Adams is urgine a full observance of the
day. by the pastors superintendent in
his district. The churches are further
requested to unite in a circle of q
that the prohibition law may be retained
in the State of Maine. al an election
in that state on Sept. II tn.
The Dickinson press., 1911-09-09
Mr.. and Mrs. Joe Duckhorn from south

Mr.. and Mrs. Joe Duckhorn from south
of Gladstone spent Sunday in Dickinson
with relatives. The two children of
John Duckhorn, a barber in the Joe
Auth shop, had been out to the farm
for three weeks and came home with
Mr.. and Mrs. Joe Duckhorn.
WIN. Alervson of Bailey was a pleas
ant caller at the PRESS office the
past week. He brought his daughter, Miss
Leone to Dickinson to attend school.
Mr.. Alverson stated that he had 81 acres
of flax which was very good the frost
doing but slight damage.
Gilbert Lunde. Miss Hi]da Lunde
and Miss Olava Larson we're visitors
from Gladstone on Monday. Miss Hilda
Lunde is a stenographer for a law firm
at Albert Lea, Minn., and was to return
on Wednesday as she only had a two
weeks vacation this year.
Dan Brew and son John of Fayette
we're calling on old friends and trans
acting business in Dickinson last Satur-
day. They ordered double deck cars fol-
September %. Before returning home.
John took his S lister, Miss Hannah Brew,
south into the Stolz district where she
opened n of the schools m Tuesday.