The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-07-18
Gossip Of Market and Mines by Minnear & Co.

openings contiguous to this shaft enough
&c yanced'to allow getting out economical
j. y. Then again, If the shipments this
IS creased shipments the
: reduced the maximum Of the mill attained.
e While it is the south the Mohawk property
Il the most promising, that is shafts
must not be overlooked that bottom
No. shafts northerIy, are producing mu
higher grade rock than upper levels
= CALUMET HecLA-
o. Considerable discussion aroused a item
which emanated Lansing, stating company
appealed from the decree which prevented this
ton from merging with the Osceoa Consolidated. This
statement very misleading upon investigation
lind that the idea that intended be conveyed was
that the Calumet & appealed decision
Of Judge Wes who granted injunction forbiidng the
Calumet Heca from voting the stock owned 10y them
elect their directors directors of the osceoa Con-
soldaed. This injunction secured by Turner OF
Lansing, since applied for, annual meetin
of the osceola Consolidated held
time the old Board Directors holding
CENTENNIAL
Reports that this company have the OF
the South Kearsargc shafts at very early date
founded While it is possible that ultimately
ment Of this viii be worked under
stand that it viii about for time
deal Of this would beneficial stockholders
both the Centennial and Consolidated
owns the South Kearsarge, shaft no matter in what
condition may ordinarily very little value when
all the ground in the vicinity worked This
Kearsarge shaft proposition, however exception
Centennial the adjoining property has great
ritory that be worked economically thu,
shaft than with the South Kear-
sarge has been sunk far it property
and is bottomed depth If this shaft was
sunk deeper, would be territory from this
depth and could be worked down depth over
5000 feet The richest portion of Centennias ground
deays the South Kearsargc and Wolverine properties
while this territory worked Centennals own
shafts, the long tram haul makes expensive.
Therefore, while Centennial would greatly benefited
South Kearsarge get something that ia
ordinary mining would be Of value possible
that both the be used to good
advantage by the Centennial company. Kear-
sarge branch Of the Osceola Consolidated shafts
mentioned above has been depending
production for past working over of
old Slopes.
At the present, shipping between 400 and
500 tons of rock daily, sufficient keep in
operation steadily
As there indication increasing this tonnage
nor is increase very likely some ARRANGEMENTS
have been made the South Elearsarge shafts
The semiannual the operations this company
should be mailed stockholders within the next fortnight
While dividends are remote, help but
hose willing working out of this Centennial
South Keorsargc problem well rewarded for their
patience
FRANKLIN
Drifting south the 32d level
'omerate is being disclosing good aver
ge ground The breast OF this approximately 800
eet south Of the this Conglomerate
ode.
The raise from the north drift is up 90 at a
oln about 10 feet above the sub
rift is being driven south.
The crosscut which being driven sys-
EN- on this property, has been advanced point
80 feet east Of the Aouez Conglomerate has cut
trough the Medora lode This lode found to
'ineraizcd, although place where the crosscut
assed through. '
In some quarters, 1t expected that the management
light consider reopening the old Conglomcrate
NIX them to where the vein showing up well, but it
probable that the company's finances will permit of
ais great expense at this time and the method az
avelopng the Allouez Conglomerate carried out
luch more economically 4