The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-11-05
MOHAWK MAKES GREAT RECORD IN OCTOBER
IN OUTPUT, SHOWING INCREASE OF ITO TONS
Preceding Month
Copper Recovery Openings Now Are
Better Ground Splendid Showing Superior
Boston Other Gossip


showed increase of 10 tons over
the preceding month, and compares follows:
July ..,........,.,, 6ol tons
Aug. ........,.. tons
Sept 'oSo IONS
Oct. tons
understand that there has been Improvement
percentage refined copper in the mineral
This product 74o october is extra good and
the Company only exceeded by two
months: May ls1l75O tons, and August 1sl-754 tons
While the mineral contents show light Improvement
the preceding MONTH this large output brought
about by normal tonnage practically full force
of men was obtainabe During past months short
age labor production considerably
total tonnage handled in September 6l60o
and in October it was 5000 tons greater The mineral
contents October about 81 pounds the
Mohawks openings in better ground is
when this months production is compared
with the history of the company dur
ing August 1911, the production only
months by tons. while the rock ship
1000 greater No. shaft has helped to
raise the mineral contents to certain degree
cannot entirely this showing the
physical entire property better
kEWEENAW COPPER
Contracts have been let for diamond drilling. and the
outfits being rugged up the property There
taking Arnold, Ashbed Meadow
Where there s smoke usually fire, and
rather expect important announcements in the
next weeks
DAILY WEST
why the directors the quarterly dividend from
thirty to fifteen cents share is explained by commun
cation from Salt Lake 1t owing the
sve amount of development being done 1t deem
ed the best policy the
figures which is approximately 100000
DAILY closed a for doing development
work for a year from September l. 1912. While
the remains the same calls for
twice the in the time. they
will have years development expenses to pay
years earnings
Developments quite satisfactory the property but
the decision the erection of mill has not been
passed upon by the directors.
NORTH BUTTE
Drifting the Gem vein the $500 level is meeting
with very satisfactory results according private
received late this week. The drift has advanced
about 80 feet and the character values
being found uniform where
the crosscu The vein is said to be IS feet wide
mercially mineralzed for its entire width
The decline in North Butte has been drastice
in Of the other issues, and there steady
accumulation of it's for the general
market conditions. selling above $40
or its Intrinsic value.
SHATTuCk-
Duluth advised yesterday commencing the earl
part of next week. Shattuck will make shipment
on the ten year contract with Calumet Arizona. The
contracts call for shipments of 200 daily which viii
be increased when Arizona smelter is
completed BY the action of the stock, ii
to believe there is considerable to the rumors division
OF Shattucks cash assets, large treasury
not necessary. This is possible by the agreement
entered into by the two companies practically
monthly settlements shipments
COPPER RANGE
The output of the Copper Range Consolidated companies
Tor october 1904 tons of which Champion produced
| h424 tons, Baltic 1913 and Trimountan 4S3 tons.
The Baltic branch is showing a decided mprov ement
whie rock shipments are running about same 1000
tons per day. The percentage of mineral has shown a
steady Improvement and is than SO pounds to
| the ton
The present showing Of Copper Range proving the
injustice done these companies in fact all the Lake
Superior companies by Fnay in making report the
State
WOLVERINE
production for the month of October sol tons 700
pounds as compared with the output July 4O tons
This is creating much better feeling toward wolverine
| and it advanced easily to $40.
Just how this viii be the East is awaited with