The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-05-10
n. J. MILLER. of Miller n Co.
BOSTON. MASS. MAY 9, 1913.

Tho Copper Producers statement was unexpectedly
good surplus OF 2s72oOOo pounds exceed
ing previous estimates. feature the record
breaking exports with maintenance Of domestic deliveries
good stationary productions resulting in the
big decrease he expected. the copper shares
responded little The producers
Anaconda Phelps Dodge Utah Copper turned out in
the first four months 100000 pounds less
per than a year ago the heavy drop in Anacondas
yield. This is in line with what have been saying in
these letters that there will he failing off in production
this year The interruption of production from Mexico
while great IL continued will mean 4oOOooo
pounds per month from domestic supply. Consump-
ton going steadily later the plans for
identification which held in allegiance owing to the
inability of corporations money will be carried
out increase in the consumption
Of copper
The large copper selling morning sold
tween 25,ooo.OOo pounds Of the metal
price l57s The bulk of this II is believed
is export
AZ copper shares there is nothing say; the
remarkable producers statement had effect
Qucnce. Good attracts attention while anything
unfav orabe is masnihed-J u. cody of Miller 81 Co.
WyANpoT-
Stockholders have reason to feel sratined at the
velorement this property the present showing
is encouraging the organization
Of the company 1899.
This No lode showed the most promise
sdaoids in crosscutting the property
md encountered about loo feet east OF the SHAFT
the eth level Drifts extended about
and while vein showed naturalization. by
good the showing in the drifts which
oeng from the bottom the winzo. which
below the eth level
The latter drifts about 90 feet each way, the
northern of which is in highly mneralized ground
| the entire distance.
According the annual statement just published for
| the year ending March 81 1919 wyandot had in the
treasury at that time s53.7O and besides this
lue on unpaid assessment 1904 During the year.
here received from unpaid s5,-
and together with in cash. brought the
cta expenditures for the year up about $4,000
During the LtOO diamond drilling and
81 feet of underground openings were extended
aAYFtowER. OLD COLONY. WOLVERINE
These three properties been linked together con
'idcraby during the past by rumor artists no
ire painting the possibilities of consolidation these
hree properties
During the middle of the week Mayiiowcr and old Col.
became quite active strong reports of cutting
he Maynower lode No - hole on the Old Colony
| property This followed by an advance Of seven
POINTS in Wolverine which gave the rumors of
accumulation for control.
Just how much there is to the cannot say.
nothing obainablc officially While everybody aa-
nits that Wolverine waning propositions the posi-
lies for this company in acquiring Old Colony ana
Nt!nowtr would give them lease life. for
houd later Developments prove up these properties as
he drill holes would Indicate Wolverines equipment both
1t the mine and mill would be great valuable
kept IN operation than sold scrap The proximity
the properties makes possible transfer OF tho
urface equipment To the lode. which would be nee
ssary AZ the lodes about mile apart.
CHINO
While there have been official statements we get
fairly good authority that the chuo directors will