The San Saba news. [volume] (San Saba, Tex.) 1873-1966, 1890-06-20


he Wakefield Coal, Iron & Land
O., of which Col. Geo. NJ. Wake
sld, of Milwaukee, is president,
iartered under the laws of Wis
,nsin, with capital, of S2,0O0,-
10, have bought and paid for 3d.
10 acres of iron land in Llano.
his company first secured options
their lands, then after thor
Ighly prospecting them with a
amond drill, paid for and secur-
titles to them. They expect to
mmence active operations In de-
lopment of their property in the
xt thirty days.
The Llano Improvement & Fur
ce Co. was organized under the
WIS of Texas with a capital of
100000, Hon. Henry Exall, of
illas, is president of the I'm
ovement & Furnace Co., and
r. Malone, Esq, late cashier of
g North Texas Bank, is vice
esident and manager. The In
oyemement and furnace compa-
owns $4,000 acres Of fine min
Il land, and piece of town site
operty consisting of 1900 acres
joining the town of Llano and
,ntiIg about four miles on the
ano river. The Improvement
d Furnace company have had
mes opened up on several pieces
their mineral land, under the
nagement of Mr.. J. A. Wood, |
Wisconsin, who has been for
snty-eight years actively engag-
in iron development in Michi-
a and Wisconsin. Mr.. Wood, |
er closely studying the Llano
IN district for four months,
/ thoroughly prospecting the
n properties of the L. l. & F,
!, and who is temporarily absent
Wisconsin, writes the following
ter:
milwaukee, May 81, 1890.
!. F. R. Malone, Vice-president
Llano, Texas:
Dear Sir.-Your favor 9th re-
we'd. Basing my opinion upon
ues of similar properties loca-
/ here in Wisconsin, [ would es-
late six of your tracts of iron
d to be worth 81, 10000 the
IA Mountain tract, $40 acres; the
cton tract, 100 acres; the Lively
ct, $40 acres; the Epperson
d, 1880 acres; the Allen tract,
} acres, and the Otto tract, 800
es. The ore is strictly Bessem-
of great purity.
Yours Truly,
J. A. Wood"
Mr. E. V. d'Invilliers, geologist
Philadelphia, joined by Prof.
drew S. McCreath of Harris
rg, Penn, both of whom have
ional regulations as iron ex-
is, have just completed very
eful examination of the iron
ds of the Improvement and Fur
e company in Llano county,
imade a lengthy and exhaus-
e report on May l, 1890.
iong other things the report
Is:
a reference to any map of
xas will show Llano county,
ere the principal deposit of high
lde iron ore exists, occupies
sely the geographical center of
state, while the town of Llano,
county seat, is located similar
nearly in the center Of the
Inty. The river assures esss-t,ii
Mt and abundant supply of wa
of great purity for the town !
| all manufacturing enterprises {
ich may be located there. The ]
nate is healthful, the drainage I
client and the soil of the sur ]
nding district is in every way I
st favorable For the location and {
port of a large industrial popu- {
on" E
he report then takes up each I
4 of land examined, giving a :
p showing their location, Sew t
different assays are given of the t
sbrated Iron Mountain ore (64O /
ESD, Snoring the following :
gage: Metallic Iron, CAB; Phos- T
rus, .046. Further the report J
Assuming the entire deposit to ]
he up to this average in iron
phosphorus the ore would I
as strictly irst-cIass Bes-
ter ore. The ore deposit shows s
tendency to decrease in size Z
feet beneath the surface. On '
contrary, it is thicker and in !
Is eastward at a slightly more
be angle. The ore is a gray
black ore, chiefly magnetic of I
attractive appearance and l
1t regularity.
The Lively 4ract, also contain
$40 acres, IS a mile south