The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1890-04-05

condition OF the ore market and some oi
them draw very dolciul pictures OF the
future state Of the trade, even worse
than is ut all necessary, it seems. There
is certainly a lull Ia the market and il is
barely possible that IL may be caused by
I, scarcity OF iron ore, as many oi the
larger producers are sold up To the ut
most capacity. In tins district the lead
ING mines ARE well sold ahead and at
exceptionally good ligures, SO that there
need be no fears OF a collapse IN tins
locality during 1890, at any rate. The
preachings Of depression" does not
seem Co scare the owners Of mines IN
Iron county, they are driving ahead and
viii send out nll 81 the ore II Is possible
10 mine, to meet contracts, largely The
two greatest producers IN Iron county
nrc in position To double 80 outputs
and will not stop az that, If IT Is possible
10 60 beyond a look over the mines
viii convince anyone that the district Is
al right for some time 60 come; every
where * great activity and renewed ener-
ay, looking To one Of the most prosper
Gus years the iron country has ever
known. and it would not be- SO unless, as
in this case. the most healthy feeling pre-
vailed. There Is no doubt but that a
depression will come some time or other,
but il is not here yet. 10y long
distance and until il comes we will make
the best az good times, while they are
on and the city croakers wilfbe per-
mitted Co howl 20 their hearts content.
The work in the new shaft north Of the
Armenia mine is showing up very favor
ABLY and will undoubtedly prove a
marked auxiliary Co the already valuable
property. The shafts depth is one hun
dred feet, from the bottom OF which a
south crifss-cut has been made thirty-tivc
feet, showing merchantable grade OF
iron ore. A crosS-cut TO the north Is
now in progress, being in about twenty
feet and is also giving most favorable re-
turns. The next move will be TO drift
both east aud west ON the length 81 thefor-
nation. No shnitat the mine isnearly
down "a its 300 foot resting place. SO
soon as il bottoms drifts and cross-cuts
for connection with other workings Of
the mine will be commenced From the
bottom 200 iect--of shaft NJ. a drJt
i being driven west towards No. | and
will make connection IN due course OF
time. The vciu Is also being cross-cut
from the bottom OF M. 2. This work
viii SION give place Co stopping and every
thing - IN such excellent shape that the
product can be raised at a surprising
rate. The management is confident the
Armenia viii do All that is asked Of IT,
The Youngstown management is some
what crippled in lis work by q lack Of
miners, who 40 this time OF the year are
reported very unsteady Capt. Roberts
says that with u pay roll oi one hundred
names there are rarely more than forty
men at work. The third level gradually
opening and showing wealth of ore,
though the Slopes are so large that a
great lot oi work makes a very small
showing. Both walls have been cut at
the top Of the third level and are two
hundred feet apnrt lying between is an
enormous vein OF clean ore. The new
engine house is all bat ready for use and
a fine new Office is being built and the
Youngstown will soon be Independent of
its sister across the line.
Paul Kelley. a prominent Escanaba
business man, * the fortunate owner OF
an one-cight interest of the Sheridan
mine, Iron River district and wants
more. Several other gentlemen OF that
city are interested in the property and
are glad al IL, having good reasons TO be
Late developments GO Co show that the
Sheridan IL al right, with everything in
it's favor for developing n large iron
producing property. The mine now hats
good management and is bound To- lie
hrnugh, 90 the ipont. Escanaba capital
lists are on the lookout for investments
~ Iron county mining properties and n
lrticr section 81 the county could not
have been selected.
No work other ihnn keeping the mine
clear az water is now being done at the
HOLSTER II il understood that assoon
aA ennw goes larger machinery will be
placed ut the mine The G. a NV Co.
viii very likely soon commence cutting
ont the right-oi-way for a spur track
The Mastodon shaft ~ down its $50
leet aud every thing H. ready tocommenco