The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-05-13
ARNOLD ORE Is
BEING TESTED
SAMPLES OF ARNOLD AND VINO
MA ROCK BEING TRIED OUT
IN PECK coNcEN.
TRAITOR.

The buying OF Arnold shares. which
was supposed 10 represent accumula-
tion by some one who was willing 10
! take "a gamble In a cheap stock which.
/ through some development. might in
time become worth something. as in
the case OF Maynower and old Colony
has perhaps been based upon Inowl-
edge hat samples of The ore were be-
ing treated in the Peek concentrator
al Butte, with those 81 wlnona. as
an experiment, says the Boston Jour
nal
Arnold's drawback has been similar
To that of Wlnona--a loss of large
percentage OF copper in the ordinary
treatment. II the Peck concentmtor
makes mine OF Winona, il makes
something far better than a dollar and
a quarter prospect of Arnold, and the !
friends OF whoever has been accumu-
lating the stock need not apply for a |
guardian for him.
II Arnold has hopes. then there is
Ashbed. Take down the map Of the
Michigan copper region and see where
Ashbe1 lies. one veteran OF the street
who has been identified with Lake
lo, these many years. has
been oannily picking mp Ashhed stock
Tor some time. and is still al it, He
believes Ashbed will some time have
rs DAY. like other dogs.
Men who know the Lake region best
believe that Lake copper stock, in
tead of being despised when il sells at
Il share or below. should he bought !
By those who can afford 10 carry q
lock Of ii for a long pun. The record /
4 Lake properties certainly makes the
easonlag sound They win not all
urn out to be Ahmeeks or Calumets, >
M some one of them may.
Outlook for Winona improves. Al
orders have oecn issued for starting 7
he second head Of stamps at the II
vinona mill which. IL is expected. viii
ouble the present production of about S
10000 pounds Of copper per month. L
or the past few weeks the recovery
as been a little over IA pounds Of
upper Ter ton of rock. q
Winona rock contains upward Of q p
lunds of copper 10 the ton, but 1t is u
distributed that between and OF
FUNDS are lost in the treatment. This 81
as been Winona's handicap, and the ol
has always felt that Il
,uld Winona save n fair percentage Z
the copper now lost the future Of "a
e property would be assured Along *
ese lines the management has been 2
orking. q
experiments made NJ Butte in treat lr
& samples OF Winona and Arnold ore OF
Which is very much like that of pi
inonl) in Peck concentrator have -
own such good results, those iden-
led with the management of the
operty say. that one Of these CEN
fugal concentrators is TO be INSTALL
at the Winona mill for trial on the q
IN shines on a royalty basis Al
The builders Of the Peck concentra- AZ
r claim that st will recover between Al
ana 50 per cent Of the copper u
w left in the shines, which in the Al
Sc Of winona would add over five Al
unds per ton 10 tile present WELD Of VI
pounds. making Winona "A l9-pound re
oposition. il
As as l9-pound proposition, with Rl
tensiye openings which, it is said. CO
n make 200 tons Of rock per day ca
every possibility. Winona would be ca
real mine. and it's stock would sell &c
a different basis. O.
Winoua has outstanding 166,3l3 ia
ares. $22 per share paid in of which Ia
Miry's Mineral Land company Fr
ms 5G,774. The balance Of assets Gi
&C.. 30, 1911. was Sl46S14, not includ- Or
; unpaid assessments amounting TO or
l,233. The company holds 1861 ia
ares In it's treasury. III,