Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1892-07-14
MARKET REMAINS QUIET
No Important Sales of Ore During
the Week.
FURNACEMEN ARE NOT BUYING.
A Statement That Shows How Cheaply
Ore Can Be Mined the New
Mesaba Range Properties
to Be Worked Like
Gravel Pits.

the Sth says: 'The Cleveland receipts
and shipments of ore in the week show
slight falling of from the heavy
average of the past month. Returns
show 7O.6O2 tons put on dock and e, $50
were more than 100000 tons Of ore
shipped from the mines after July !.
AS TO sales the past week, ore men report
an unusually quiet market, though there
are furnace men in plenty who expect to
| become purchasers Immediately on the set
| Element of the wage question. There is no
market for pig iron on which to quote:
| In some cases mills have requested that
shipments on contracts be suspended while
| the shutdown lasts. The agricultural
| firms have about covered their wants, and
BeSSemer and forge irons VIII pc IN no de-
mand until steel works and mills resume
| L
| In an interview with Capt. John L.
Jones, manager of the Duluth Ore Com
pany, the Duluth Daily News got some in
| formation regarding the methods to De
| used in getting out ore at the BlWablk
mine on the new Mesaba Range that will
prove interesting to mining men who are
not used to scooplng up ore and loading it
as though they were working IN gravel
pit. Open or surface mining will be en-
Dloyed exclusively. There will be no
underground shafts Or drifts, at least not
| for long time. This is interesting as
probably indicating the manner in which
nearly all the MeSaba mines will be
worke ed, developments on the Biwabik be-
| ing in advance OF any others, and beng IN
a certain measure type
From the depth of ore already known
| to exist, one yard of stripping uncoVers
three and one-half yards OF ore" says
Manager Jones. I'm every yard of ore are
| two and one-half tons. In other words, the
| cost of stripping averages us about cents
| per ton of ore. Additional depth IN the
ore body will decrease the cost proportion
ately. When we gel to mining we snail
make cutting similar to a railway cut
into the ore body. In this cut we shall lay
standard gauge track and put in posi-
| ton steam shovel. If we find the
ore body too dense to be mined and
| loaded on cars directly by the shovel we
shall use black powder and loosen in up IN
lots of 5000 to 1000 tons. This is all the
mining required. Then the steam shovel
will do the rest. Men OF other RANGES,
who claim that the talk of steam shovel
| mining on the Mesaba is foolish, want to
wait just few months. AS soon as the
| Duluth, Mesaba q Northern road is COM
| pleted to the mine about September l, we
| Shall begin shipping. The deeper we go
| the better we find the ore and in greater
body than has been dreamed OF. l regard
| the Mesaba more and more as the future
dictator of BeSsemer prices"
|
face earth of the 120 acres leased by the
company says the paper. This surface
consists of vegetable earth, gravel, sand
and hardpan, and varies from feet deep
| at the northern boundary of the mine to
80 feet at the southerly limit of the mine.
stripping. Below this surface of earth
| has already been uncovered an average
depth OF 70feet of ore. In the most north
erly pit the ore was penetrated at depth
| of So feet, but nowhere has any shaft gone
| to the bottom OF the ore body, and several
are now IS feet in IRON. Some of the
| southerly pits are LIS feet deep and give no
| signs of an end to the ore.
~ have had nearly 200 assays made"
| said Mr.. Jones, ''but have not tabulated
them yet, as intend to issue little state
ment shortly. l can tell you this, how
ever. There is a body of ore averaging
| 80 feet thick which will average $3.50 in
| iron, and below ,O2O phosphorus. The
average of the entire ore body, SO far as
| we have uncovered it, is about 81 iron and
| Blwabik in the Bessemer limit. One re-
| markable fact in connection with the opera
| tionS of the Biwabik, fact common with
many Of the Mesaba mines, is that in not
one of the test pits or shafts as far as sunk.
ranging from TO to 215 feet deep, has a
pound of powder been used. Pick and
shovel have done the whole work.
A sale OF $4,000 tons of Bessemer ore, at
Cleveland docks, for 81 cash is reported.
| Il
The price of Nos. and 2 Y Northern
pig iron has been reduced from Sl5 to S14
| ton bv the Thomas Iron Company.
MARQUETTE RANGE.
A reduction of from 5 to 10 per cent. has
| been made IN the wages OF all miners and
surfacemen at 1shpeming, except at the
| Lake Superior mine, where the reduction
was made several weeks ago.
| It is probable that the Lake Superior
| Company will abandon work at Section Il
until the market improves.
| A change has been made in the division
of work at the Lake shaft of the Cleveland
mine. Instead of the miners doing both
work will be divided, as it now is in many
of the mines of the Upper Peninsula. The
miners will do mining work only, and all
of the shoveling and hauling will be done
| by the TRAINERS.
The Cleveland-Cliffs Company has not
decided upon location tor it's new fur
mace. The city of 1shpening offered the
company immunity from taxation for
| twenty five years. The city of Negaunee
comes forward and says that such a plOpO-
sition is illegal and cannot stand. Ne
gaunee show that its rate of taxation is
much lower than any other city On the Pc
nlnsula and expects that this will secure
the location OF the plant.
| MENOMlNEE RANGE.
| 1t is considered probable that the Schles-
| myers will soon secure control OF the Lud-
ington mine.
| GOGEBIC MINE.
| Shipments Of iron ore from the GOgebic
Range, via Ashland. up to and including
Wednesday, June 20, were: Wisconsin
Central DOCKS 335.487 tons; Lake Shore
docks, 1926, $50 tons.
| VERMILION RANGE.
| ,oyofc of fho
range VIA Two Harbors up to and includ-
| ing Wednesday. June 20. were: Minnesota
mine, lis, 4S3 tons; Chandler mine, 172, l81
tons.
Ii shipments are kept up at the present
rate the VermiliOn range will break It's
record by over 100000 tons this year. The
| Chandler mine, which shipped 800, 900 tons