The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-01-04

Even with only SO semi annually, it is practically 1919
ON its present selling price, compared with Quncys
selling price of $40 AMI paying only So and Calumet
Arizona selling $72 and paying s..
There is question Mohawk is of the best Lake
Superior copper investments a present.
MICHIGAN UTAH
This is low priced that great specula-
tive possibilities 1t being traded around 95c and
there is fairly good market for it We
Influential people have become interested in the
property and is through their prestige company is
in strong financial position.
Several of the prominent engineers country
have reported this property the Cotton
wood district Utah, and is consolidation City Rocks
Grizzly Mining, Utah Mines Coalition a number Of
other mining claims, comprising 1000 acres. They
have practically strike of two miles the
The mineral contents silver lead copper gold At
present the being shipped assaying about $780,
1t is conservativey estimated that the City group
OF claims has ore in sight and partially developed that
viii net the company $1SoOoOO The prospective
the also greatly by the fact that
the Utah Mines Coalition adjoining property is oporat-
ing depth depper than the Michigan Utah
present workings and further that the increase
with depth.
Shipments are going forward to the United
Smelling companys plant Murray rate of from
20 to % tons day. and when the
To capacity, they will be earning substantial dividends
Al present about As being employed the prop
ery. Mr., Norman w. Hare of Houghon Mich is pres
ident of the company and p. Edwards vice pres
ident and these genmcnt giving the property their
personal attention.
Shortly after this issue was listed the Boston curb.
was actively traded in $3.50 at present quo
tations it looks very attractive
SUPERIOR G BOSTON,
\ movement started a short while ago by a number
OF large stockholders to have this property examined
unbiased engineer that they Salty themselves
as to tn" intrinsic merits of the property However as
there not enough financial aid, understand the
management agreed TO the the engineer
selected by the make complete report
the property
Tn" services of Mr. J. A Thomas, NJ. c. NJ. graduate
"i W and one who has had several experience in
both the Globe districts were obtained to make
this report lie left FOR the property days ago
After making exhaustive examination. undoubtedly tho
stockholders will he acquainted with his findings bv
circular letter While Mr. Thomas report may not be
issued FOR two weeks it anxousy awaited by number
of the shareholders.
We understand that the uprasc the Sth level is
within SO feet of Che total raised of 1875 feet
ana that the breast of the raise is still Letters
received from private us the DEVELOPMENTS arc
progressing favoaby While the assessment of 81 is due
today all transactions of yesterday were assessment,
paid.
UNITED CIGAR STORES
United Cigar stores declared initial dividend of 10
and an extra of payable February 18th TO stock of
record January 3lst
AMERICAN DEM. WARREN
lhere continues to be some mysterious buying these
issues and in the American has been most
sought for the price being up above 80 with prac,a
n" stock coming
AME RIcAN-
just "hat Is back of all this bidding hard to say
that
over American six for one basis No ocia
statements obtanabIe In fact some of ,ho ,,,
zen US thefe is absolutely nothing IT, but the action or
ne market certainly bellies statement If tbero vcr
o' som" important deal pending bids for Amoric,
would certainly attract of the insiders as ca mo,
''"' I loooOO share company that has NOT one,.,od
or years is a high figure
. WICK ago Supt Greenway other officials of tbo
tContin1ed on Page ThrecD