The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-04-10
CURRENT $3.50. -, ... COPPERS
" GOSSIP Ut ..i n Z /By J. 4. 6 MMpEAR



1000 level easily handling the and it
thought likely that the other pump need be lowere
from tho GOO level The deposited the old Do
mnion and Great Eastern veins at higher levels, har
lead mining familiar with the property, to eXpec
interesting results exploration Of thl
veins the 1000 level
President Rice is stn in Globe. inspecting develop
the mine. There is doubt but that in
favorable market Superior Boston win sell 70
much higher prices, do regard the stoc
sale around present figures. in fact think that
should bc bought all such weak spots.
HANCOCK coNsoLIDATED-
1t quite possible that Hancock Consolidated wiz
begin rock shipments late this month to the Centen-
NAL Allouez stamp mill. Rock being stored in the
18th, 18th and 18th levels preparatory to the
menccmcnt of shipments The management is follow
ing this' course that production is begun,
maintained regularly. Shipments will Wit.
25O daily and will be gradually increased.
FREMONT
There has been renewed activity in Fremont. The
stock sold above 50 share The revival Of ineres'
due largely a telegram received from supt Law
ton the mine, which reads follows:
I'VE stil in the vein crossouttng and have not
yet found the hanging wall SO far, five feet Of
nnc rich ore. consisting Of carbonates chalcoclte.
with clraonates mostly in evidence, cut"
There a report circulated that the company
contemplates a reorganization. The company has
option It's property, which expires November 18TH
Of the present year, arrangements must be made
to this option when it natures Developments
have been favorable enough to warrant exercise.
CALUMET g. HEcLA-
Tie hearing in the injunction proceedings against
the Calumet & Hcela viii be resumed next Tuesday,
April nth Detroit and much interest viii attend 1t
depends upon the outcome proceedings,
for he in is he
coed along lines originally decided upon If the
injunction is made permanent. the will have &c
be abandoned In either event, it is quite likely that
appeals win taken. prolongng the controversy.
Calumet q Heela has discontinued treating the
glomcrate rock shipped by the Tamarack company,
and Tamarack is taxing care OF all Of its
shipments. Results viii not be satisfactory from
Tamarac5s standpoint its mill is not successful
treating conglomerate is that OF tn
Calumet & Hecla.
The rock from the osceola workings of the calume'
& Feca which we're being treated at the Tamarac
mill win now go forth Calumet & Heclas own plan
Two heads the Calumet & Hecla mill arc now beine
remodeed.
MINING NOTES.
Columbus Consolidated is selling paid thi-
week We understand that there is a considerable.
stock delinquent
Lake Superior shareholders Of Superior & Bostor
are holding on their stock confident that in du
course "a will selling much higher price
salt issues a lower this week.
though the profit taking very heavy. The bu,
ing of this class Of securities continues to be We
good. ~
Tho second instalment 81 o the 50 assessmeI'
called by Hancock Consolidated last January will
due on or before May list The first nstallment wa
payable March 1st.
Warrior has a proposition under considerable
increase its Capitalization from 10000 to 25O,Ot
shares OF the increased issue 10000 shares will be
fered to present stockholders at 81 per share
Butte Alex Scott during the month of March earno
over $4,000 The company has started operation
on Little Annie claim 1t quite likely that it wi
discontinue shipments temporarily, 1t has
$4,000 treasury.
The Iorcupne issuer were lower this week. as mfgi
have been expected tho substantial
scored during the past week Interest in 4
. camp. however continues very strong and do n
expcc this setback viii be Of any material cons
quence.
Gratiot has discontinued practically all operations
It's property. and will await developments at MohaV
and oIbway undertaking any active resumpti,
Of operations. Developments the neighboring pro-
critics viii be of considerable importance Cratic
whose work date has indifferent
We told that ributors working the Michgr
in the mine been very successful in the pa
three months and have gotten out 100 tons of
coppcr. Il is estimated that this production will
the company in royalties about $4,000. Mass and bar
copper up the entire production. consider
able OF a milling grade made available
The fourth annual meeting OF Fairvew Gold Mimi
Co VIII be held in Nevada County California May 11u
Directors the ensuing year viii be elected th
meeting The local committee in charge the
CATION OF the company's affairs is work. and hope
to be APPLE TO report something definite the cours
Of the next few weeks.
The santa Bosalia company viii issue the new ce