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

to north of the Superior district
| The Smeer people have option Black Diamond
property
LAsALLE-
Contrary to expectations, win be re-
opened in short while For reason the reopening
has been deayed possibly the shortage of
men but we are told that preparatory is being
put through, and that 1t is likely will see
active operations the property.
SUPERIOR
We understand that rock shipments have been increased
the past week mineral content of the
rock is running better machines are now operat
ing in the lode past week shipments have
been coming from A drift is being run on the
vein from No shaft toward No O. and considerable OF
the rich copper being shipped is coming from
this drift While official statements made
gather that drifting the lode
has not shown particular results,
Icing extended from No. to No. shaft is demonstrate
ing that there rich ground between shafts
this rich shute be picked up any time by No shaft
II the mineral contents nearly pounds ton
Icing made at present, be maintained, Superior
near dividend with it's present limited ship
ments of 400 of daily
NEW YORK. NOV. g. 1912.
Since last lines, history by the
ton of the Democratic candidate the presidency ana
with the information at this writing excellent chances
of control of the Senate the United by Dem
ocratic party which for the first many years will
represent legislature to be held fully responsible
promotion and adoption Democratic policies of the f
ture.
So far all this may reflected in the security
market to this writing, II may suggested as show
ing sentiment leaning by balance buish ex
preston and 1t is at the tendency
Of opinions expressed by financial interests
runs in the same direction The sharp declines, however
in certain which anticipated even at this
early day be seriously affected by
sion. perhaps typies in fairly sentiment
developing which may develop ideas
may reach the public, that all in ALL the the
may fairly described as somewhat pa ssive
and negative of this SUBJ
ject industrial shares
this. however business is on the BOOM Steel
mills are sold ahead pig iron is being made record
breaking quantities. agricultural products moving
in large volume, range prices appar-
emily only the money the Balkan
an Immediate active restraining influence.
Stock markewise, IL looks however, If the complete
situation little later broad market higher
levels that these conditions should
come the arrival of special
gress
But outlook invites discrimination and perhaps it
might be well rather the railroad the
stocks such industrial by tariff
stocks and Amagamaed Copper particularly. We would
buy into the market and any spots
which temporarily technical conditions
\ ]. Miller of Miller
BOSTON, MASS, NOV. 8, 1912.
The Copper Producers figures. while showing big
do analyze anything like badly
suits would indicate.
In the first place there increase million
pounds IN production. while the foreign consumption
ID falling off of about thirteen million
Domestic consumption showed which some
iustries coming month"; should show
he result of the strike Nevada and Utah. while the
wo usual record breaking months have passed
That Is good card. but the other thinking
'etter card is the fact that will undoubtedly
nto the market copper future fact the
beginning of the movement is already
ated by the fact that second hands,
heir price. The big agencies remain unmoved. They
maintain their price and will sell copper concessions
1t is notable fact that every rise OF
epper producers who have the situation
of their hands stubborny opposed each upward
;rade. Their opposition been Intellectual for reason
people have courage and refused to
'e moved at win by reports Offering to take
m big tonnages at low levels. They based their
position on sound factors will continue to
cap their reward long conditions remain what they
re.-J II. Cody. of Miller & Co. j
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