The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-03-02

The existence of these deposits was
known as early as the year 1921, but rs the
land was heavily timhcrcd. /, was valued
only on that account.
AT that time the property was divided in
TO two sections, one being owned by Mcssrs
Pcniicld and IIarwood and the other 10y the
Mossr2. Hammond
W iIdi uoW constitutes part of the prop.
erty was formerly owned by Mcssrs G.. +.
| and John G. Hammond and Alien pcnfield.
In 1916 they constructed charcoal fur
mace at II point about two miles east of
their ore beds, where for twenty-five wears
they made pig iron, which had the name of
being The most successfully operated of any
charcoal furnace in the country. In 1872
the furnace was destroyed by fire, and no
other one has been constructed in its stead.
The reputation OF this iron for purity and
strength. and its being entirely flee from
phosphorus rendered it particularly adapt
ed FOR conversion into Bcsscncr steel. and
until the time of the burning of the furnace
the entire products of the mine were ship
ped TO Troy for that purpose. In 1872
Messrs. John and Thomas Hammond Sc
cured the possession of all the lands on
which was found iron'orc, contiguous to
their own, thus making together about 3d.
600 acres Of ore and timber lands. About
this time the construction of the New York
" Canada railroad was commenced, and it
was thought advisable to make the works
more extensive than they ever had been.
In 1872 (OcD they negotiated by the act
ing President of the Delaware Il Hudson
Canal Company for the sale of onc-half of
their entire property, including about of
mile frontage on Lake Champlain. This
sale was finally perfected, the property be-
ing purchased by several capitalists among
whom are Col lie Grand b Cannon, Moses
Taylor, Thomas Dickson, w G Sloane.
the Scrantons of Scranton, Pa, Mr. Pot
Ter, chairman of the G + II Company.
Gen Diven of Elmira, n Y, Mr. Airport.
manager of the Midland railroad in Europe.
and in the same month, (Oot, 1922 the
Crown Point Iron Company was organized
with paid up capital of 81 800, 900, max
ing it one of the most powerful and
wealthy corporations in the country. The
coy now own about $4,000 acres OF wild
and cultivated land on portion of which
are large, developed and undcycloped iron
mines the ones from which they now pro-
cure their ores having been worked for
twenty-five years, yet they show no signs
OF exhaustion, and rs far as appearances
go the supply is ineXhaustablc. At present
the company are only working three mines,
although quite n number of openings for
others have been made. and work will be
resumed ON them in the spring. The ore
is a steel grey magnetic ore, close and very
crystalline.
The ore appears to be distributed in veins
running through the same range of hills
as those on which the Port Henry mines
are situated. The extreme width of the
range through which these veins pass is
about three miles, and in that space any
number Of openings can be made. and
cured from these deposits it would appear
that the amount raised will only be gov
crned by the extent TO which the company
wish to carry on their operations. The
ore is distributed in veins instead of being
one mass. In mine No. /, (caled the
Pentield mine,) and mine 3, Called the
Hammond minc.) over twenty different
openings have been made. and one of the
veins of mine No. I, lies exposed to view A
distance of a number of rods. looking like
a cut through rock for a railroad. In the
Pcniield mine are three veins the first one
being about twelve feet in thickness, the |
next one having an average thickness of
thirly-two feet, and underlying this is one
thiriy-four feet in depth. There have
been several openings into this mine but |
all will come together at distance of |
about $50 feet from the main opening.
The orc in this mine is considered the rich
est of any.
About one half mile north OF this is |
mine No .. The excavation of this mine |
is about $50 feet and slants at an angle of |
about forty-flye degrees. The force of men |
employed at present in this mine is not very
large. The ore taken from it daily. |
Is hoisted to the surface by horse power,
and conveyed thence to the railroad. The
scenery from this mine is perfectly grand.
About south of us Knox Mountain rises to
our view, at our west is Blue Beard Noun
tain, and Lake Paradox, and north of us,
we see the Adirondacks, and far in the dis
lance Mount Marcy, lifts high its snow
capped peaks.
About quarter of a mile from mine No.
!, two openings have been made into
vein which has remarkable formation.
1t runs completely round hill, like an iron
boot, the circle being about three quarters
of mile and dips toward the centre as it
goes, the vein varying in thickness from
live to twelve feet. on the out crop. Quite
n.number of other openings have been made,
and though not fully developed the yield
promises to be large and rich. In fact the
entire mountain seems to be composed of
veins of iron ore, undertaking each other
ike the mcshes of a net
About three fourths of mile from mine
No. is located mine No. 3, or the old
Hammond mine. This mine has been ex-
awaited distance of 500 feet from the
opening and dips about forty degrees. The
thickness of its vein varies from ten to
twenty-five feet Although all the ore
Which was worked in the Hammond blast
or twenty five years was taken from this