New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-08-28
Iron IN RHODE LELAND.

The Providence Journal published recently a
series OF editorial articles the iron deposits OF Rhode
Island. The writer says:
Among the very large deposits OF iron In this country
are those the Carp River region on Lake Superior
erng many square miles; the Iron Mountain OF Missouri.
ha ,atteI IoeaIity one million tuns ore lie above
drainage. and mostly uncovered The ore Is op,Hino ny
can be procured single open blast tho last Spring, Is
have detached 600 tuns Iron ores differ IN quail
elements sulphur and phosphorus and contains two per
cent OF manganese and three per cent OF W
ness 10 the metal 0ros Of this description are
rare and In demand for the manufacture OF the inner
Rhode Island industry that are now exporting this
to Do manufactured In other States We are told
that 600 tuns OF this have been sent 10 single
purchasers freight included OF " so per tun The adj
don Of Is per cent OF the ore 10 the other
furnace In Pennsy within smonths, at cost the
used by the Pennsyyania company has been found
to increase the value OF their pig iron " nn The same
company is now SAID to be using G per cent OF the Cum
bertrand ore for pig employed In the manufacture OF
exhaustibc supply Of one OF the nest ores m America
We exporting the raw material and buying back In
large quantities the manufactured article paying heavy
freight both ways and paying large profit to the manu-
facturers In other States, as well as supporting the
unused abundance Of pure soft iron TO mix with
the Cumberland ore In any desired proportion, although
processes Even this does complete tho waste of
natural supply OF material for manufacturing purposes
It's freedom from sulphur anthracite for
reduction OF iron The cost OF reducing Rhode Island
experts in the art at from $40 to ga 50 un rs an ex
limit including the cost OF and coal, OF bring
ing the two together Of the requisite labor at present
prices, and eight per cent interest the capital en-
poyed. During the last "a months there have been en-
tered this port alone nearly 10000 tuns OF foreign pig
iron Involced In Scotland at SIS per tun gold aud val
ued here shpbOard mt $40 tun. Also during the
last months estimated at the Custom House, that
than tuns Of American pig iron have 10
this beside thousand tuns Of imported
and manufactured wrought iron. In the Last price
rent American pig iron, No and Scotch pig iron
quoted at t45 10 $40 tun. These figures speak for
themselves Not tun OF this enormous quantity Of
iron which 10 Providence for the supply OF s
workshops which passes through for distribution
elsewhere. is made In Rhode Island As we have said
actually exporting the raw material OF which we
have abundance OF the best quality and paying other
communities TO manufacture IL for And yet we take
pride In calling ourselves a manufacturing state
Mr. Thomas Watson, Manager Of the Casco Bay Copper
Mines in NewBrunswIck, recently visited the Rhode Is
land ore beds and examined them with view TO their
possible development by foreign capital lie estimates
the cost Of production Of pig iron from the Rhode Island
mines at t22 81 q tun Below print his table:
COST Production OF PIG IRON IN RHODE