Copper Merger Plan Involves 12 Lake Superior Companies
Calumet & Hecla officials propose a merger of twelve Lake Superior copper firms with a capitalization of 10,000,000 and a present market value of 77,600,000. Each new share to be valued at 230, two companies remain on a dividend basis. Combined output expected near 130,000,000 pounds annually with annual savings of 800,000 to 1,000,000. Earnings anticipated at 13.50 per new share.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Lake Superior
Osceola
Calument & Hecla
Osceola and
Calumet & Hecla Leads Historic Copper Company Merger
The Calumet & Hecla Mining Company announces a major consolidation forming a new 400,000 share entity with par value 25 dollars. Stockholders in the Lake Superior district firms receive about 2.4 new shares per old Calumet share, valuing the merged stock near 230 dollars per share as 130 million pounds annual output is targeted. The move aims to unify principal copper mines and shift control across the Lake Superior region.
MENTIONED IN THIS ARTICLE
Lake Superior
Michigan
Calumet & Hecla Mining Company
Calumet & Hecla
Calumet & Hecla Company
Proposed stock exchange merger for Calumet & Hecla group
Stockholders in 12 companies have been offered exchange into a new company with 10 million dollar capitalization. The target firms include Ahmeek, Allouez, Osceola, Centennial, Seneca, Tamarack, Laurium, La Salle, Superior Copper, Isle Royale and Gratiot. The plan’s workings are described as intricate and yet to be completed.
MENTIONED IN THIS ARTICLE
Stock. Exchange
Sanagn
Allouez
Orogoir
Sia
A Baes BO
Tamarack
Tagals
New Consolidated Company
Rice
Calumet & Hecla
Ahmeek
Osceola Re
Tamarack Sonnet
Laurium
la Salle
Seneca
Isle Royale
Gratiot
Osceola
Centennial
Superior Copper
Remarkable Crystalis Hair Grower Promises Rapid Growth
A Boston Post feature proclaims Crystalis as a miracle hair growth product. It claims new growth in four to six weeks, color restoration in 10 to 14 days, and cures for dandruff and itchy scalp with few applications. Readers can request free information by mailing a coupon.
MENTIONED IN THIS ARTICLE
Crystalis
Boston Post
Meil
Cresto Laboratories
Dept. No
Scranton
Seek Missing Father of Xmas Twins in East Dedham
On Christmas morning twins were born to Mrs. Fannie Condry at 294 High Street East Dedham. The mother’s husband John H. Condry disappeared on June 27 and has not been seen since. The family, destitute, receives aid from the East Dedham poor department and the woman’s sisters. The couple also has three other children.
MENTIONED IN THIS ARTICLE
East Dedham
Fannie Condry
High Street
John H. Condry
Dedham
Elizabeth
Lauretta Condry
Christmas
Fannin Condry O' Beast Dedham
John R. Condry
Copper merger promises large savings and high earnings
The plan outlines annual operating savings of 800000 to 1000000 dollars or 0.3 to 1 cent per pound on Lake Superior copper. It projects earnings per share for a Calumet & Hecla led merger at 130 million pounds output and endless potential rise if copper prices advance. Osceola and Calumet & Hecla are the only dividend payers in the group.
Curious Features in News of Day
Curiosity piece from Ellendale about poultry keeper Carey Palmer who hangs a sign in his henhouse reading Eggs 10 cents a dozen. He claims the sign spurs hens to lay, and since egg prices rose to 48 cents a dozen, the hens have laid daily with no hesitancy.
MENTIONED IN THIS ARTICLE
Ellendale
Del
Carey Palmer
Palmer
Man Dies After Body Turns to Stone in Ossified Illness
William W. Weakhiller, 48, dies at Crozer Hospital Chester after two years of illness marked by progressive hardening of the body. Doctors identify the disease as schleroderma ossification, with the head remaining soft while other parts hardened nearly to rock.
MENTIONED IN THIS ARTICLE
Philadelphia
William W. Weakhiller
Crozer Hospital
Chester
Feairhiller
Two Lost Brothers Meet in Bread Line
Hunger drew hundred of men to a West Side bread line in Chicago. James and Thomas Baird, once separated after living in Leeds England, found each other while waiting for rolls and coffee. They had arrived in America and moved from Schenectady to seek work, then lost touch for a year before reuniting in the long queue.
MENTIONED IN THIS ARTICLE
Chicago
James
Thomas_ Baird
Leeds
England
America
Schenectady
N. Y
Exploding Potatoes Blow Off Oven Door in Washington
In White Salmon Washington on January 3 three explosions shattered an oven door of the editor of the White Salmon Enterprise as potatoes baking for a noonday meal heated and ruptured under pressure. The large potatoes typical of the region contributed to the blasts.
MENTIONED IN THIS ARTICLE
White Salmon, Wash
White Salmon Enterprise
Shoes for horses without nailing gain attention in Colorado
Greeley, Colorado reports inventor H. T. Dacon has created a horseshoe that requires no nails. The hinged toe shoe can be put on and off with the harness, allowing resting feet when idle. A lever locks at the heel and four clinches grip the hoof, promising long wear.
MENTIONED IN THIS ARTICLE
Greeley
Colo
H. T. Dacon
Proposed Consolidation Draws Mixed Market Reactions
Interviews with stock exchange firm members reveal criticism of a proposed consolidation. Brokers warn that merging many medium priced favorites into one high priced issue could sharply shrink trading volume and limit long term public interest in copper shares.
MENTIONED IN THIS ARTICLE
Stock Exchange
Irish Story Telling at Brighton High School
Brighton High School will host an Irish story telling evening for the scholarship fund tonight. Seumas Mac Manus, the noted Irish humorist, will perform and Head Master Tupper expects a large attendance and an engaging program.
MENTIONED IN THIS ARTICLE
Brighton High School
Seumas MacManus
Tupper
Inventor Introduces Hatpin Cover Sheath in Pittsburg
D B Probert of the public works survey department unveils a hatpin sheath that is ornamental and protective. The design mirrors the hatpin head to allow a woman to brighten her hat while shielding pedestrians and crowds from loose hatpins.
MENTIONED IN THIS ARTICLE
Pittsburg
D. B. Probert
Survey Department of Public Works
Even the Printers Devils Was a Woman Abbeville Medium
Abbeville South Carolina January 3 The Abbeville Medium an eight page weekly paper 40 years old passes to new hands The paper founded by Robert R Hemphill has been run by his daughter Grace Hemphill Rogers and another daughter Gertrude Hemphill Sign with Hannah Cochran as foreman and all composing room work led by women including the devil This item notes the paper’s leadership shift and female roles at every desk.
MENTIONED IN THIS ARTICLE
Abbeville
S. C
Robert R. Hemphill
Hannah Cochran
Dying Man Plays Last Poker Game in Shawnee
Joe Shipley of Shawnee lay ill with pneumonia when death neared. He summoned an old poker crony and began a final hand, dying seated upright with the cards in his hands.
MENTIONED IN THIS ARTICLE
Shawnee, Ok
Joe Shipley
Joe
Seat sale for Bernhardt engagement opens tomorrow
The Bernhardt engagement at the Boston Theatre offers seat sales starting Thursday at 9 o'clock in the morning.
MENTIONED IN THIS ARTICLE
Boston Theatre
Also Mentioned on This Page
Calumet
Hecla Lake
Washington and
Winter Streets
Germantown
Carter
Carters Wuttleer
C.m.payne
Copsright
the Press Publishing Co
Dearie
Mis
William E. Soule
Calumet and Heela Property
Gratiot Mining Company
Isle Royale Copper Company
Calumet and Hecla Mining Company
Consolidated Company
Calumet and
Hecla Mining Company
Hecla
Calumet & Hecla Interests
Escce
Oscgoia
George
Ciule Aes Coeseesene
Post
Battle Creek, Pos
Postum Cereal Co., Ltd
Battle Creek, Mich
N.Y
U.S. Government
Sharp Brunswick Hotel
Room
Europe
APP
Brunswick Hotel
Boylston St
Col. Clarendon St
Washington
Boston
Baltimore
New York
Rotnew Macdonough
D. P
Bromfield Street
Washington Street
Mass
Pennsylvania
R. R
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