The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-03-19
BRIGHT OUTLOOK FOR the
WOLVERINE ARIZONA MINE
GROUND is ENCOURAGING AND c.
"a. is INTERESTED m AD-
JACENT PROPERTY.

The better things that NoiNtrln"
has been accomplishing and the very
encouraging conditions it has brought
about in the ground il is now working.
together With the improved outlook
that has been made for IL In its lower
country by the activities Of copper
Queen and the interest ot Z. x \. N
adjacent property. afford sufficient
ground for the much eNhilaratel inter-
est that has lately been shown i'm this
company I'M the east. SAYS the Bisbee
Review The company has been look
ed upon for some time i'm this district.
by those informed of what il Is doing
as entitled o. much more market con-
sideration The east has been quicker
TO grasp This . profit making During
the week Duluth and Michigan mar
kcts bid Wolverine about su cents. and
the, are mo-, yet ,hruuch. There is mott
great deal OF th's stock out. and less
suu of il being turned loose. II is en-
titled 90 considerable higher price
and is one OF few low priced stocks
now in the market that il is worth
while 90 take ou and keep hold f.
Wolverines future looks very bright
1t may make much bigger PROPOSE
tiou than most people have ever corr
sidered probable,
shattueks Dividend.
The Shattuck quarterly dividend OF
81 cents has arrived again. Il was
public expectation a few months age
that this dividend would be AT higher
rate, bur il is evident that the COM
pany considers il good policy 10 con-
tinue with upbuiIding Of the surplus
account, which is now i'm very COM |
Portable situation. It may also be thai
there is contemplation Of the disburse-
ment Of portion of this TO DEM De-
velopmcnt account as has been per-
sistently rumoled for some time. r.
indeed, the time is not Yet ripe for
such "a move, IL viii not always be so, |
and the money viii keep in surplus
account Of Shattuck. from whore II,
can bee obtained when needed with a
great dead more readiness than il
might bee parted with 10y stockholders
after once placed in their own private
accounts.
no increase IN OHlPWeNNSs
Shattuck has as yet made no in
crease in ore shipments. although I'll
was expected in December that by the
present time SHattuek would have
about doubled It's output There was
then expectation ol 81 dividend rate.
There is nothing official ON the subject
but it was mtimatcd by an official
during the week tAa, there is no eX-
pectatiou If early raising OF The ore
output II was said that the copper
market al the present time extends 40.
eneuura4cmout % Increased mining ac-
uyltlcs. The ore is worth more I'm tho
ground than iu the pi-, es things look
right now The pig VIII De worth much
more .u the latter half of the year the
way .t is Gggred now.
Resumption at Dem.
Since th, first II the year when
Dem resumption reports had most
ygor there has been change iu metal
and -har, market conditions that Isl
not az a. favorable % the picking up|
o. .cw enterprises. Those uhr are
able ,1 g. ahead feel that matters
might .a ". rest .- au.c. and
probably .c'..r As the a..r..' aHt-
loa a-..a u Tho latter lrr, If jan
uarr announcement ~ resumption 81
Development, .# Dom would ludosatrl-
D. Hr..sa' strong ..e .f market ,u-
tera-t and support -a that stock Sim
iar slE. a.ruar. ta5ar would NOT
move g.. .u.e UG-E. l ans, H"-
r-.-. f... -arrr- feeling about
r.- -.. .r .sr 81. .e W.HD iu|
,#. liable passing
ual flta.r|
at.uatIu.
... Junction
d.. u.r. ......aasr. ar. possibly
-r.-- a...-.-- q Tie .s... acfor
E- .-
Approaching Meet nss.
Tile -....f'. ..r.ar.1 aIHIf' W'D'-
lry .f -.s arE Dem age ua.
due ,a -a'.s#a- next. It was Thought.
Tor ID .u. .Ha. Their pas'p0aemra'
wa. mad. "a. rr.r5arf I'D order 60 a'-
laa a1 ..,.g rho dividend o., .Hr
tim. ~ 90. session here HGr aplar-
emily ra. .a- not ,ae occasion. o. is
now uakausr whether rr NOT ta- Gi.
re.tars u.H Hr.aft this week trau Tho
east. There rs eatr t5 .. uu particular
reason aHs ,Hs, should come. ullass
the, wish 'D make aa inspection Of 'ho
propcrte. rYaarruius which frequent
reports keep tHr-I HeL advised j. .l
lot be surprising IL tho annual meet
mgs go through much as matter 20
form wifh their business taken car" ~