About the Book
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 edition. Excerpt: ... at organization $600,000 00 Less paid for real estate, land, buildings, machinery, dwellings, etc 550,000 00 $ 50,000 00 From assessments.'.' 180,000 00 copper, 500,074 lbs. at 11.30 cents (1891-1892) 56,514 13 (1892-1893) 24,030 00 (1893-1894). 158,507 70 (1894-1895) 168,763 60 (1895-1896) 218,404 42 (1896-1897) 249,845 65 Interest received 3,285 77 11,109,351 27 Expenditures. Expenses previous to June 30, 1896 $701,418 03 Real estate (lands purchased) 61,165 23 Expenditure, June 30, 1896, to June 30,1897 189,477 35 952,060 61 Balance of receipts over expenditures $157,290 66 Officers of the Wolverine Copper Mining Company are as follows: President: JOHN STANTON. Directors: JOHN STANTON, J. R. STANTON, JOSEPH E. GAY, J. W. HARDLEY, SAMUEL L. SMITH, of Michigan. Secretary and Treasurer: 3. R. STANTON. The property of this company consists of mineral land purchased from the Tamarack Mining Company, and comprises three forties in Section 11. Two vertical shafts have been sunk to the lode, which was reached at a depth of about 2,450 feet. Present depth of No. 1 shaft is 2,893 feet, or over, and that of No. 2 shaft a little over 3,040 feet deep, with a distance of about 800 feet intervening between them. The company has 40,000 shares, and assessments amounting to $640,000 have been called in. In 1892 the product in refined copper amounted to 796,769 pounds, and this was more than doubled the year following. Last year the output was 1,897,845 pounds of copper, against returns of 2,605,000 pounds in 1895. Total production to December 31, 1896, aggregates 9,259,202 pounds of refined copper. The Tamarack, Jr., is working on the Calumet conglomerate, and rock obtained is reported to be very rich in copper. Operations lately have been carried on at No. 1...
