Gogebic Range Mining Moves Toward Deep Ore Deposits
The Gogebic range sees renewed focus on deeper ore deposits as Corrigan McKinney Co and Oliver interests push shafts at Colby Ironton No. 6 Tilden and others. Early results hint at larger bodies below and miners expect future production from Palms Anvil Eureka and more as deeper shafting continues.
MENTIONED IN THIS ARTICLE
Gogebic Range
Corrigan, McKinney & Co
Oliver Interests
Colby
Ironton
Tilden
Oliver Company
Palms
Anvil
Eureka
Atlantic
Wakefield
Death of a Pioneer Pecard Sr. Links Bes eemer Founder to Milwaukee Home
Yoseph Pecard Sr a Bes eemer pioneer hardware man died suddenly at the Soldiers Home in Milwaukee last Saturday. He built the original block later owned by J R Johnson and ran a successful hardware business before economic downturns drove him to the home. His death comes after health decline following his move to Milwaukee. His son Joseph Pecard Sr traveled to Milwaukee after hearing the news. Burial was held at Milwaukee under home comradeship despite earlier plans for local burial. He leaves wife and four children Mamie Jennie Joseph and Alcid, all residents of the city.
MENTIONED IN THIS ARTICLE
Yoseph Pecard, Sr
Milwaukee
Beseemer
J. R. Johnson
Joseph Pecard
Pecard
Mamie
Jennie
Joseph
Alcid
Rails Recover From 1893 Panic But Still Strained
Railroads in 1894 faced insolvencies wiping out nearly a quarter of national railroad capitalization. Despite that, overall health is stronger than post panic 1893, with many lines able to absorb a 25 percent fall in net income yet still meet payments.
MENTIONED IN THIS ARTICLE
United States
Railroads See Value And Earnings Rise With No New Debt
Detroit Saturday Night notes that the physical value of railroad properties has surged over the last decade due to expenditures that did not raise funded debt. Net earnings rose faster than fixed charges, increasing the surplus available to cover interest and other charges, strengthening security for bonds as property values and earning power grew.
MENTIONED IN THIS ARTICLE
Detroit
Blizzard Causes Major Train Delays and Road Blockade
A heavy snow storm on the upper peninsula disrupts train service for three days starting Tuesday. Passenger and freight trains run late, harming merchants. road conditions hinder deliveries, marking the season’s first real blockade. Residents, surprised by the mild winter, fear storms strike without warning.
MENTIONED IN THIS ARTICLE
Upper Peninsula
Deer Wintering Well Signal for Good Next Season
In Upper Michigan deer are reported to be thriving as winter conditions stay mild. Hunters anticipate strong big game hunting next fall across many areas. Wolves have caused some damage in remote northwest regions near Marquette, but overall losses are lower than in previous winters.
MENTIONED IN THIS ARTICLE
Upper Michigan
Marquette
Snow Delays Logging Season Reduces Expected Output
Snow arrives late in the woods delaying logging. Loggers push to catch up on contracts before spring breakup, but the winter’s cut is expected to fall at least 40 percent short. Camps report full crews despite low wages, while high pay attracts fewer workers. The advertisement notes Herald classifieds.
Lumber Business Active With Snow and Cold Boost
Snow and zero weather stimulate county logging as roads stay passable. Although total cut may drop versus last year, winter conditions improve ice road work and hauling. Wages ease, crews stay in camp, and loggers adapt to a mixed market where large timber yields logs, small timber wood, and second growth logging.
U S Steel Profit Sharing Plan Will Pay 65 Percent Extra Dividend
U S Steel announces an extra 65 percent dividend to workers who bought stock in 1903 under George W. Perkins profit sharing plan and retained it. About 10,000 employees will benefit as the fund for the extra payout grows from forfeited bonuses. Total around 10 million dollars in dividends bonuses and extras are involved.
MENTIONED IN THIS ARTICLE
United States Steel Corporations
George W. Perkins
Prices and cooperation urged after iron and steel meetings
Trade reviews stress price stability for finished products through cooperation. New York conferences aim to restore prosperity and friendly relations among iron workers. Ore price sentiment favors reaffirming 1907 levels, with Cleveland meeting next Friday to discuss ore values. furnace interests want early announcement to curb losses and stabilize the market before September.
MENTIONED IN THIS ARTICLE
New York
Cleveland
Lake Superior
Corey
Bessemer
Too Much on Paper Stock Promises Caution Urged
A financial column warns that stock jobbing is widening and urges restraint. It notes many bad copper propositions flood markets, while a large share of capital in stock plays is weak. Readers are urged to scrutinize future prospects and avoid chasing every ad.
The Faint Odor and Keen Senses Discussed
An eminent authority notes tiny musk particles can fill a room without measurable weight loss. Air carries hundreds of millions of dust particles per cubic inch, blood contains about a million red corpuscles per drop, and olfactory nerves far exceed expected sensitivity. Civilization may trade bodily energy and smell acuity for comfort and progress.
Also Mentioned on This Page
The
Herald
U. S. Steel Corporation
John Frank
Sophie Street
First National Bank
Ssemer
Michigan
William S. Prince
Geo. L. Loope
Walter F. Truettner
Cashier
Olinements Sar District
Igan Ston
Gogetic Coup County
Michi
Prine
Preet
Savings Department
Iz.rs
Edwin Bayliss
Heath & Milligan
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