The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-02-26
RUNNING THREE SHIFTS.
Three Heads in Commission At the
Ahmeek Stamp Mill.

| The Ahmeek Is running three heads,
three shifts, and treating not far from
1000 tons of rock per day. soon the
fourth head Will be put into commits
sion, and i'm the meantime work is be-
| ing pushed on putting in the two new
| heads, in the addition To the mill with
| capacity for a total Of four heads, ana
when all in, the Ahmeek will have
eight heads. that will easily handle
nearly 5000 tons Of rock per day. The
two heads soon to be completed will
| increase the capacity of the mill 40
| around 1900 tons per day, and with a
yield of twenty-five pounds 10 the ton,
| the product would be about 100000
pounds, and on this product every cent
per pound profit would be $240,0O0O,
and with 10 cent copper market the
earnings should he around $33 per
share. and this is allowing eight cents
$ per pound as total cost of making and
marketing "A pound of copper. The
Calumet Il Hecla and Ahmeck shares
are a buy at present quotations, and
so are all the good things in Lake cop
pers
The Osceola, Allouez, Centennial and
Isle Royale. are producing around -
per cent of normal, and the superior
| is fully up To normal. These mines
will all be sending increased tonnage
to mill within a short time, just so
soon as conditions underground are in
shape for working the additional force.
The physical conditions of these
properties are all out up to the aver
age.
Quincy.
The Quincy is slowly but surely get
ting back to conditions before the
strike, and are sending overs, 900 tons
daily to mill. The Copper Range Con-
solldated, too. is increasing rock out
put right along, and there are now dp-
wards Of $500 tons going to the mills
! daily.
The mines of this company, as well
as some other mines ON the Lake are
in want of mincrs-miners capable &C
earning above the $500 per day, but
many such men are going back To
work, or coming in from other see
tons. There is a surplus of trammers,
and these can only be added as addi-
tional miners are taken on.
Franklin.
The Franklin was quite active last
week, the shares advancing to $685., as
a result of developments on the con-
glomerate at the 5000 level where a
crosscut to the conglomerate. showed
the lode for width OF twenty feet,
eight feet of which was as per state
mont of miners, well charged with cop
per. where it is there it is" and il IS
sometimes where you lease expect.
The Franklin has large area, and
there may eventually be more than one
good mine opened in the lands.
New Areadan.
The showing in the New Arcadian
appears TO bee all to the good, the
drifting ON the vein recently cut i'm the
Crosscut driven east from the shaft,
continuing To disclose heavy copper.
a new hoist is TO be put in. with ca
pacity for hosting to a depth of 1900
feet. and this once in, sinking will
again he resumed. The shares have
been quite active. The New Baltic and
Oncco will likely benefit by the good
showing holding in the lands of the
New Arcadian, and it looks as il Man
ager Shields has succeeded in nndins
at least one place whore the copper Ia,
and apparently in paying quantities. -
Native Copper Times.