The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-07-25
RUrHRAUFF Up AGAIN.
A Glowing Account of the New
Syndicate and Its Lands.

PrTTsBURe. July u.-Mr. G. c. Ruth
rauff, of Cleveland. the representative
of the syndicate which has just been
formed to locate and develop the
GOgebic mines in the Lake SuperiO-
region, was in the city to-day. He left
tonight for home, after having closed
negotiOns with the Pittsburg capitalists,
who Will be among the syndicate. 1t
represents millions of dollars. The
Plttsbl,rgers interested are the Isabella
Furnace Company. Spang, Chalfant &
Co., w. L. Van Kirk, H. H. Byram,
and II. P Ford. Chicago and the East
also have many representatives in the
syndicate, the largest holder of shares
from the latter section being Mr.. A. S.
Upsom. of UniOnville, Conn. Hussey.
Hovt a. Co. and the Union Rolling
Mills represent Cleveland. The capital
will be paid up in few DAYS. and the
locati II OF nineteen miles of ore lands
will begin Immediately. The develop
ment OF these lands will be OF incalcul-
able benefit &c Pittsburg' manufacturers
and others in various parts of the
country. Experts who have been en-
ployed by the syndicate, Mr.. Ruth
rauff saws, lave found that the ores in
the GOgebic regions on the lands OF the
syndicate contain Just enough phos
phorus TO suit BesSemer steel mann
facturers, who now use mostly Spanish
ores, which are imported in large GUAM
titles. Ii is the intention of the Goleoic
syndicate to supply PittsbuTg manu-
tacturers with their ore at so cents a
ton cheaper than the imported article.
which will displace the latter ent RELY.
The shipments last season from the
Gogebic region amour ted to ll3 600
tons, and the opening up OF four and a
half miles Of range VIII create an i'm
mense boom, Mr.. Ruthrauff calculat-
ing that the shipments this season will
aggregate at least 10000 tons. The
shipping facilities are till in their in
fancy" said Mr.. Ruthrauff. but as
soon as the railroad companies heard
that the syndicate would open up lands,
they all became competitors for the
traffic. The Wisconsin Central will
build spur to the heart of the SyHdi-
cate lands from Perokee, a distance OF
fifteen miles. and the Chicago and
Northwestern has also let a coatract tor
q line 40 or so miles in lengtc from
Escanaba to the range. The Milwaukee,
Lake Shore and Western line runs
the range now. The latter
goes north, and the chicago and North
western and the Wisconsin Central
south, so we have important outlets At
Milwaukee and Chicago, which will be
our principal shipping points. You
Will remember" continued Mr.. Ru h
rautf, that last season the manufac-
turers feared TO put up new steel con-
verters. but now the business will have
a tremendous impetus. The convert
ers erected since January will require
5000 tons OF these ores alone. The
Brier Hill Iron Works, at Youngstown;
the Union Mills, at Cleveland, and other
concerns in Pittsburg and elsewhere
will use Gogebic ores altogether. When
we get started We will give employment
to thousands of men, and at the end OF
the month. or at the beginning of
the members OF the syndicate
will take trip over the mine lands for
the purpose OF locating a village on the
Potato River, where the mines will be
opened up first We were quite lucky
Ruthrauh. The Cambria Iron Works
OF YOungt0wn and Carnegie from Pitts
burg had an expert on the ground 10 re-
port about the rich finds of Bessemer
ore. They came back and said that the
mines were poor and full of rock, and /
that some of them were salted. The
first mine We tested gave US a wonder
full yield. We have got 500 tons Of
ore out OF 1t so far-guite a bonanza for
a sailed mine, isn't itYh