The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-11-09
Continued From Page Two.

day it advanced quite easily above 49, The buying is OF
the that the will shortly be placed div
dend basis and also listed the stock exchange.
Braden is producing per month APP.
proxmatey 1900 pounos annually This is from ship
ments 1850 of daily. This will be in
40 pounds per annum by Feb LIST next
by that time the two additional units will be equipped
with mineral separation process, which has already
tried with This proven effect
saving 500 OF the mineral compared with
5Oq5 with the mill equipped
about 2A &c. which is the riches
porphyry body they have accord
ing official statement reserve of 2SooOOOO tons;
further eventually the management expects to de-
velop property 6OoOOOOO 100000
While it is Bradcn has been less of dis
appointment stockholders, coming into it's
76 100000 pound production.
readily what the profits share will
this stock outstanding capitalization
OF 100000 shares After paying interest the ousand-
ing bonds, this practically SO share earnings
FOR the stock when operated to capacity.
BUTTE g. SUPERIOR
The installation of the and changes being
mill should completed in few
weeks by the year this company should
be handling close to 1000 of daily At present.
they handling less than
SOUTH LAKE
Shaft is a little this writing, and
from much better progress will be made.
WHITE PINE
We understand that they will continue drilling at this
property time. While work first planned
completed last week. The showing satisfactory
that the decided to continue further drilling
CALUMET HELCA-
The hoist No. 10 shaft tho osceoa went
INTO commission Wednesday morning working very
smoothly This will allow for larger production
from this shaft both skip roads will COM
pared with when operating the old hoist.
Among the other improvements undoubtedly the new
hospital will receive the first attention in the
ton understand It will be started
in the early spring
oNEco-
We told that the coming from drifting the
18th and 18th levels at oneco is looking good if
the present showing continues, it great possibilities
of making producer certainly great specu-
latve chances with only $4,000 shares issued SELL
ing too low Undoubtedly the management will start
aggressive campaign in developing though pres
cnt only few working They operating three
machines
According advices from the East arrangements to
carry the finances the closed, and
there win be
1t is also stated that rock shipments will be resumed
In the spring from No. and No. lodes Mill
ing and Smelling plant at Point Mills
say just what there is to these statements
as have been unable to got official confirmation.
Stations will be the 2.60O 5000 $500 levels
Of the big shaft and open up the odes
Upon completion of this work, they win be ready for
steady production.
SUPERIOR BOSTON
According advces home Office wednes.
day of this week. the sh level drift McGraw
continues in the character of further
has been Improvement the past the assays
According the advices been i'm
for the 126 feet and the face of the drift
Of this last information showed assays entire
width of 1870 copper This is most important
developments made on Superior & property
shares
LAKE SUPERIOR G. ARIZONA
Florence Arizona paper is the authority
pent that the Arizona Il Great Eastern II. r. has applied
10 the State Corporation commissioners them
borrow $500 900, portion which used
have been making temporary survey during past
weeks, and after deciding which the feasible
route. they will then proceed a permanent survey
be closely followed by active road building
The American Smelling people have transferred their
developing equipment from the l.. A. property the
Black Diamond property in the Silver King camp. when