Show CALUMET NEGOTIATION Sale of the Property Said to Be on Foot OWNED B NIEDRINGHAUS It Is One of the OldTime Producers of Stockton Discussing the California Cali-fornia Situation A Broker on the Shrinkage in Stocks Fit2 Slac Returns Re-turns From a Trip Up the Thunder Thun-der Mountain Way Encouraging Strikes Reported From the Deep > CreeS Country Mining Notes Negotiations are said to be on foot for the sale of the Calumet property at Stockton It Is owned by the Nuson Niedriughaus of St Loins and the prospective purchasers arc New Yorkers York-ers whose representatives recently made an examination of thc ground The group consists twentyfive or thirty claims which were productive of great values some years ago when nearly near-ly I 200000 was taken from an ore chute In 1 short time but work was abandoned aban-doned at water level The proposition Is one that Involves the control of a vast Mow of water to handle which It Is estimated that pumps of the capacity betv e3n two and three times as great as that of the pumps used by the Hon pump erine management will be required |