The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1890-02-01

one hundred feet ns II also theshaft at the north
end OF the pit. This will Increase the depth
81 the mine 60 over 400 ieet A drift u
being driven south from No. shaft and a
second level VIII he open there When The
machinery IA the old engine house. located at
the south and tnSt. h placed In the new one. now
ga course OF construction. the old building will
bc taken down and the ground 60 the east IT the
open pit stripped, the depth Of surface being
about eiuhteen feet: the surface n sand which
will be used "A filling for parts oi the mine
worked ont. The ore exposed by the reno val 0f
surface viii be miiled 20 the second level and
from there hOi~ted. There are nov quite $4,000
tons OF ore on the dock and Mr.. fiorada eN-
poets 10 have 10 least 10000 additional tons
there By thu opening 81 the 90 shipping season;
he usually gains his point. Heretofore the Dunn
has not ~ ockcd. commencing each years ship
mcuf with the hoist and consequently has not
male the output it otherwise could have done.
With stockpiie 20 work from the 80 output
would likely have evened that II the FlOrcnceor
Iron River mines Trouble ~ experienced ia get
ting material for the newcngine and drum house.
bat the management y making ready 90 90
ahead with q rush nt such time As preparations
are far enough advanced. The new building viii
he situated OF the brow OF the hill west OF the
mine. II should have been placed there 10 start
with but Of course those Ia charge of the pro-
perty az that time had no Idea Of the greatness
Of the mine. The man building VIII be fNpX6D
feet with "A boiler rOOm 5ON6O feet at one end,
and wing TO contain the comprsssors. iONGO
feet. The building viii De- constructed mostly of
iron and made Iva the best possible manner The
new machinery 20 Dee added consists of two large
comprcs~ors and four ten.foot Lane drums,
besides considerable machinery Of lesser conse-
quence, The York Iron Co, Il exploring on the
forty adjoining the Dunn on the east aud has "A
very good show Nearly 100 tons OF good ore
has been mined from two shuts. The property
has been extensively explored In years gone by,
but the work lacked system. Some ore WAS
found, but IL appeared 20 be the object OF tho
optionholders 10 sell the option Il possible. The
York Iron Co, secured the option some time ago
and began work Ia an abandoned shaft with the
result ~ stated, Supt Florada believes he has
the ore In place and declares that now he has
la.ttk ltIIf Isk.aL
workable body Of ore II certainly good. The
Dunn shipped about 100 600 ton of ore In 1889,
but this amount win surely be doubled IN 1890.
The Cleveland Iron Trade Reviews
weekly resume: The most remarkable
fact in connection with the iron business
to-day is the unprecedented activity
among furnace plants. On the first Of
january 333 furnaces, with nm aggregate
weekly capacity al ia, OBS tons, were in
blast. compared with 2S5 furnaces and
III, 419 tons six months ago Yet,
despite this enormous production, the
unsold stocks ON hand january LIST were
only 1877 or tons. Fully az remarkable
is the additional fact that, even with
practically all the furnace capacity OF the
country in full blast the demand Tor iron
is SO great that nearly thirty new fur-
naccs are now building. most of them in
the south, and "A third rs many more are
either contracted for or under considera-
ton. Our imports of pig iron, mean
while, show decided falling of, having
lS3, 6f3 tons for the eleven months
! ending Novembsr 30, 1889, rs compared
with 131 OF tons for the corresponding
period OF 1888. The general tone of the
market Tor the past week at Cincinnati
has been quiet, but a considerable
volume al business has been transacted
no - hall In Iar
charcoal irons and northern coke brnds
and softcnetT. In southern coke irons
business Is practically suspended by
reason of the tirmness OF the leading
companies who have declined Go absorb
the late increase in freighta This, added
tofull schedule prices prior 20 the freight
advances, makes prices at most northern
points higher than buyers are yet pre-
pared to pay. There Is no combination
among southern producers, butadisposi-
ton il apparent 20 work in harmoDcv
and prevent what IL deemed unnecessary
cutting between different representatives, Of
the same district The prospect 81 the
CouuellsvillecOke strike throws further
element Of uncertainty into thesituation
Latest advioes are that the coke workers
are determined Co insist upon demand
that tho operators cannot and will not
nccede to. Iii the main tlge Chicago mar
kct il quiet. A good carload business il
going ON supplying the wants OF the
smaller foundries who are compelled 60
buy from day 90 day 60 meet actual re-
quremcnts. The larger consumers are
pretty well filled up until March and
April and some even longer New car
contracts that have already been lct
or shortley viii be let, point 20 larger
inquiry for pig and bar iron nom that
branch 81 the trnde II ~ Superior
charcoal ron y the strong. 81 feature Of
the market, and promises 10 remain So