The Calumet news., 1912-07-20


Production also does Fact is everybody
rushed ore the higher price made its
appearance they have to dig to recoup what
they hurriedy put on the market. My belief is sth
drn that shall the present price level maintained
during concluding quarter OF the year, and believe
that the heading of Zig unreasonable runaway
excellent thing making for continued cop
health
J. H. Cody. of Miller & co.
SUPERIOR & BOSTON
Operations at the Limestone property of Superior
Boston resumed this week and limited shipments are
now being the old Dominion smeer. The Lime
stone shaft down 500 feet deep and when work
vas considerable disclosed Of
commercial grade
Shipments are being made from the McGaw shaft
The ore that being hoisted coming the winzo
sunk the sixth To the eighth level The ore body
the sixth cye but at $50 feet had
narrowed 1t varies in width from to Is
| feet much of it of a commercial grade. Shipments will
continue this body until exhausted when they
viii the body opened the tenth level
sulphide feet OF commercial grade dis
closed on this Lowell showing width from to feet.
No work is being the Gardner property but tho
old Dominion develop this operating its Buck
| eye shaft meeting with considerable success.
The McGaw shaft of superior & Boston continues to
search for ore the 200 level. Work is being done to
the this shaft crosscut over 500 feet in length
is headed search the Old Dominion vein
while similar lateral southeast should encounter the
Great Eastern vein. in dlabase and
quarzitc making little water and offering promise
Of favorable developments winzc started this week
in the ore encountered months the 1900
level This wnze but 4 short distance from the shaft
and will sunk in the Superior & Boston is making
out very The limestone formation around the
required practically the only attention necessary
The decline in the stock present price of $3.50
share largely calling Of loans the stock and
selling by tired holders
| ARIZONA COMMERCIAL.
correspondents send us the following inor-
| nation Arizona Commercials:
"The property of the old Arizona Commercial company
having been brought by thenew for s1OOoooo
the reorganization completed and the bond
holders well the stockholders should soon be in
receipt provided for in the reorsanza
tion plan Regarding developments President Smith
SAYS
Equipment for hostng from depth of 1900 feet has
ordered the Copper Hill shaft and hope to see 1t
i'm operation within days The hoist at the Eureka shaft
win be moved to Copper Hil and will be electrically
equipped The air compressor will he moved to the Old
Dominion power house electric power line
will be built to the shaft the old Dominion
house giving cheaper and air than we could re-
by having steam plant; in the meantime we
will continue remberng charging the shaft with our
present equipment building the head frame
The railroad will leased to the old Dominion company
under some equitable that op
crate 1t much cheaply than could.
After been equipped viii begin aggressive
mining and development work the several veins We
,eleve that the vein Is continuation of the Old Do
mnion vein and experience old Dominion and Gray
Mines leads us believe that good bodies of will he
found ground been pretty well stopped out above
the fourth level but think considerable will he found
between the fourth eighth levels the later being the
lowest level to which the old workings extended.
We expect to find our best however. depth OF
from 600 to 200 feet other veins will be explored
a various levels Profitable taken from adj
| Joining United Globe mine within few hundred feet
Of our end line and believe that similar ore win be
| found within lines"
ADVENTURE
There has been inssant buying of Adventure by
prominent eastern houses during the past
lopments at the property considered quite sasfac
tory The management oonfning it's efforts drifting
an No 2 lode which was encountered recently in the
rosscu from the bottom the shaft 1925 feet This work
viii he continued for the present and the future line Of
reons win be governed entirely by the results this
work
| INDIANA
indiana has its $50 feet and Il Is expected
that the rich mneraIized formation encountered da-
mond drilling in No, hole will soon be reached.