The Calumet news., 1912-09-07

1907 and 1908
As stated August gath. North Butte
is earning the price s445
share. consideration that
these figures production pounds
per annun practically the the year 1911,
while slightly better production than this being made
present.
This issue is selling opinion and should
be the leaders when becomes more ac-
tive
WOLVERINE
Some seng of this Issue with the purpose Of putting
the proceeds in Calumet Hecla started all kinds OF
rumors and the stock further by selling
from tmid holders by who are always will
ing to opportunity make market
the short side
companys office in New York and local of1-
cias confess anything which
for this decline While known
that this little property passed zenith
by kicked in"
August production was a decided improvement over
July figures of 4Ol though slightly below the
June product AS previously stated issues.
decline July production owing to
the mineral of the during the
of July $500 tons of rock shipped the mill with
production OF only a little of mineral, or
226 pounds to the ton. In August mill shipments totaled
S61O tons of rock which product better than
400 tons 25.5 pounds the These figures are
copper.
Officials of the company that at the present rate
OF production Wolverines life the Kearsarse can be
conservstlvey placed years including the poss
tnlties the Osceola lode this property.
Their No. shaft which is developing this lode has
copper the fourth level. They
drifting on level both south and in
about 10 While the showing this point
astonishing it encouraging the levels
bered this only deep. possibilities
with further hard estimate in considering
the hquidated the mine
twelve year life with average production OF
$50 per month allowing in cost to
pound which consider is conservative VOL
verines iquidated fifteen is about
s12O per This taking only Kearsarge lode
the possibilities Osceoa lode
plant including equipment the surface
rights and and mise Traverse Bay They
own stock Michigan Smelling company
ssOOOO which included in this qudat-
ed value
IDA MONTANA
This another property liable
attention, especially financial aid which has
been possible by of proven
in the Butte
We understand that a meeting of OF those inter-
esed in this company held Milwaukee yesterday,
while unable get any official statements.
IL is rumored that proposition has been made to the
company to purchase its property 1t is said that the
meeting Milwaukee was purpose setting
some figure of property.
This company has been idle since 1907. Their lands
comprise two claims known as the Ida & b. sM
the district about miles southeast of
the of proximity Pittsmont
property of the They shafts Nos.
1. and g. which have been boomed at depth of l2o.
llS 4sO feet respectively
The hree-compartment No 3 shaft has
the $50 level south in about in which the Ida
vein cut and found to carry commercial Drifting
this vein 40 feet 20 continued TO
show very good results. vein averaged
width.
All this carried the year 1907 would
have continued results very promising
for that funds had
company was debt $4,000 This ndebness
by the the company.
Ida Montana owns a complete mine equipment incud-
ing hoist boiler. compressor drills etc,
duty with very slight repairs 1908. leasors
worked property shipped Some which netted
them $40 per
DIVIDENDS DECLARED AND TO BE DECLARED
wolverine dividend meeting will likely held Monday.
Sept 9th. -
Copper Range dividend meeting slated for
Wednesday, Sept 11th.
Tonopah Mining directors should divi-
dend around Sept 22d
Calumet & Arizona Nevada Consolidated Utah Cop
per sold ex-dvidend yesterday.
Yukon quarterly dividend OF 7h cents.
payable Sept SOth Sept Ism
! GuggenheIm Exploration regular quarterly $3.50 dvi-
dcnd declared. payable oct 1st Sept
18th.
Goldaeld Consolidated regular quarterly dividend of
80 cents declared payable oct Slst stock Of record