The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-10-18
CALUMET & hEcLA-


Of this company Thursday Of this week 100 cars were
sent 10 the mi Friday this number increased IN
2c These are forty ton and with TIE max
mum daily shipments last OF III ears and av-
eoee Tor June me preceding tho strike of 2e5
daily.
a much greater expected next week. for 1t
rs reported the underground force will increased
eral hundred men. According that
several hundred being representative,
OF the company in different places throughout the
Try. and large number of these expected arrive
by Monday next
noRrH BUTTE
Notwithstanding special efforts. have
cessful in getting anything account the
weakness in this issue According closely connected
with the property everything is running smoothly tho
mine. ana undoubtedly the 1913 production will show -
slight increase the output 1912. also quite
possible there viii be slight per
pound hut ut rate. to understand tina.
il will not exceed ter per pound
The fact that mention made the quarterly
report just issued in regards the acquisition of the
property is evidence that negotiations all property
desired have not been closed To announce just what
claims had been secured and the price paid at this time
might Illustrate tho efforts In securing other fractions and
claims that necessary make The property complete
1t has been further intmated that the territory will
he paid for mostly in cash. and that very little
new property has already been paid for in
The quarterly report of tho property. while
not sensational IS quito satisfactory inasmrch az Cen
eral Manager Pope states that the ore Reserves has boon
maintained during the three month period.
Tho Granite Mountain shaft has been carried to depth
Of 262O feet CT GO month being sunk
during the past quarter 600
and started the $500 Spectator
t. ntecep tho shaft when reaches this depth.
Agitt
has hecn extended 80 feet, showing while
assaying S5 copper The 2i00 level the
same vein shows width of iS feet assaying
A. cent copper The $500 drift this vein has
been advanced far enough pick body develop
ed the 9ioO level bat has produced grade
ore, assayng cent The vein for 100 feet this
level showed width of feet.
The old standby the Edith May vein, continues to show
additional during the quarter prospecting
work between the $500 and levels disclosed $1,000
tons OF GO and 7G5 in addition that pre-
vousy in the vein At this point on the 26O0foot
level this vein showed width OF 3 feet carrying As
cent This The hanging wall side. Recent
developments indicate that the footwa side
ising. and the management Is preparing drift on
ths split of the vein
With the exception OF small body nigh grade
che 1000 level there have developments on
the Jessie vein.
The South Croesus vein likewise did add materially
in the past three months the the
rany In prosecuting the $500 level intercepted
this showed width Of feet. assayng liz per
The SNOWFALL vein has received attention during
the past quarter work is being prosecuted all the
levels from the 1900 to the $500. The important
developments 200 level. where an additional
los feet Of 65 with width of e
feet were uncovered. This gives shoot at this
point with length Of $50 feet width or 81 and
ing IA per
Some Of the lower levels this vein show the ground
more less faued necessating in develop
ing tho VEN.
FOREIGN METAL STATISTICS
The announcement the fortnightly figures of a de-
Of io42 foreign supply from,
that given the first October caused a better de-
for the metal Warrants in London were marked
w two pounds sterling the three days of the
week with heavy transactions
The exports fo the week ending October 10th were 6i7a
making the total since the first OF October 1921
while this is material increase the figures for
exports the past three months the Of
eI,OOooOO pounds for the month OF course, there is
always that possibility OF increased the last
week. but the figures stand the smaller exports
this probably for portion the
figures showing European stock of
copper
Cable ad,ices 1875 bid for cleo
ro!yc copper and undoubtedly q would be paid If metal
could be secured in the quantity that was wanted
The foreign visible supply in England France and anoa
October 18th ei96i this being decrease OF
tons first of the month"; The of COP
PER at Rotterdam, Hamburg and Bremen october
is42 tons. that being ass less than the
amount hand october
During the past, the high mark made in the foreign