The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1891-09-12

iron mines operated in Michigan in 1899
producing 7,185. It's tons of ore. and
seve teen blast furnaces producing
22j, ,537 tons of pig iron.
Copper is found in endless forms
from the finest dust to masses of hund-
reds Of tons weight, the!latter being 90
per cent Of pure copper.
The cost OF production Of copper by
the Tamarack Mining Company, with
but one shaft and that $500 feet in
depth down (ncarly half pile), up
whi,.T all ore had to be hoistcd, was in
1SSSsbut six cents per pound, including
transportation aud commission for sell
ling IN New York, and the average
market price was fifteen and three.
fourths cents.
There were six copper mines that
pail dividends in 1890, amounting in
the aggregate to $3,000.000. the Calu-
met & Hecla paying $4,000, 900 alone.
The total dividends of this mine to date
are $34, 1850, 900. The present market
pr,cs of the stock of these mines is $685.
100000 and the Calumet s. Hccla is
10000. 900 of this.
The Atlantic mine, which yields but
1927 pounds OF refined copper per ton
of rock stamped has not for many years
failed to pay dividend TO stockholders
it being 100000 in 1890, while the
Tamarack mine yields 1921 pounds per
ton OF rock crushed. The Minnesota
mine cost the stockholders $4,000 and
they have received in dividends 81 $780,
900 The Old Cliff Company cost
$4,000 and has paid in dividends s2,-
227,Gt0, but these mmes have been
worked out. The Central mine cost
800, 900, paid 81 $4,000 in dividends
and had $1,000, 900 expended on it, all
coming from the product of mine.
The total production of the copper
mines in 1890 was 663, ,899i tons and
the value sl5.845,4 ,427.
The amount of land plaster produced
in 1890 was 92O, ,436 tons. and 2, 4S0, 1888
barrels of stucco Of 800 pounds each.
There were nine coal mines operated
in the state in 1890, producing 71,90l
tons.
There are 122 salt manufacturing
companies in the state, and 81 OF them
were in operation in 1890, confined to
the counties # Saginaw, Bay, Manistee,
Mason. Huron, st. Clair, Iosco and
Midland, producing total of $685. ,637
barrels. The total amount of salt pro-
duced in Michigan up to date is 50 ,S74,-
739 barrels. The price per barrel has
gradually decreased from s1.S5 per bar
rel in 1868 to 50 cents in 1890.
The business of quarrying sandstone
for fine buildings is increasing on Lake
Superior. In 1890 the Portage Lake
Red Sandstone Company produced 106,-
600 feet block stone, 2,S72 feet coursing
stone and 1,642 cords of rubble. while
Messrs. First, Jacobs & 20. produced
about the same amount.
The companies dividends in 1890 were
100000. The stone is used in almost
every city in the land.
The production OF slate has ceased
for the time being. The difficulty with
the manufacture of roofing slate is that
there Is too much waste, and there is
great loss through the fracture OF the
rock. It. Is suggested that the waste
could be pulverized and manufactured
into bricks, but il has not taken shape.
The Ropes gold mine continues to be
operated. In 1891 the company treat
ed 35,57S tons Of rock, and obtained
81. .45 per ton, at cost OF 81. 90 per ton.
The amount of bullion for the year was
S54, ,6S1 .e8; silver, $2,037.71; concen-
trates, gold, SIG, ,450.s2; silver, 90, 6,397.-
SO, and the net proceeds were $65, 240.-
81. Total production Of the mine to
date, $348, ,O53. .6S, of which $313,837. II
was gold. The assets oil the company
! rrc ere 1000