Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1892-08-11
Iron Trade Reviews Report Of
What the Mines Have Done.
SEASONS OUTPUT OF IRON ORE.
Tho Receipts at Ashtabula Have Eeen IN
Excess of Those at Cleveland-A
Total Shipment OF About ) ,I0G,-
900 Tons Situation in
Mining Districts.


will be brought down this year is now
on lower lake docks. Up to August l
last year there had been put on dock at
lake ports 1881 tons of ore.
When it is considered that there
had been brought down to Ash
tabua docks alone close to
100000 tons by July Is, and that Ash
tabula's receipts since have been greatly
in excess of Cieveiaud's. which Of late
have ranged from $4,000 to 100, 600 tons
week, it will be seen that last years
record has been far outrun.
ut is not far out OF the way to say
that >, 5000 tons had been shipped
from the mines on August to all points.
The receipts at Cleveland docks last
week were about 81 600 tons and the
shipments to furnaces about 5000 tons.
The sales of ore in this market the
past week have been small. In pig
iron, likewise. there is almost a suspen-
sion OF TRANSACTIONS. 1t has been the
dullest week for year.
"Eclling mills are likely to resume
within week or ten days.
t
At precisely Il O'Clock last Tuesday
night the last cast of pig iron was made
in the Pioneer furnace at Negaunee,
duO Tic COuCSIA :" do CLuu uON II dilC1 u
continuous run of fully forty years. It
is the intention of the Cleveland Cliffs
Company to build a new furnace, with
double the capacity. and one that will
compete with modern furnaces.
MARQUETTE RANGE.
While many mines in other parts Of
the county are either suspending opera
tons or reducing their working forces,
1t is worthy OF note, says Negaunee,
Mich, paper, that the group OF Schle
singer mines on the East Negaunee
range are being strongly wrought this
year, and are giving employment to
fully as large forces as in former years,
when the market conditions were much
more favorable for the iron mining in
duStry than they are this season. The
mines Of the East range produce grade
OF ore that is in high favor with furnace
men, as it is high in iron and smelts
easily, and these mines have the furth
er advantage of being susceptible
OF being worked more cheaply than
many others on the Marquette range,
owing to the nature of the ore and
ground. In addition to this they are
under the best of management, cir
CumStance that counts when it comes
10 placing ore on the market on the
narrow margin of profit allowed by the
prices ruling this year. The mines on
tots range are the mainstay OF Negau-
nee at present and it is very fortunate
indeed for the city that they are in such
strong hands at a time when so many
mines in the Lake Superior region find
1t advisable to close down altogether,
or else diminish expenses by cutting
down their working forces.
The Cham pion mine, at Champion,
Micu., was cosel down Saturday night,
500 men being thrown out Of employ
ment. Only the superintendent,
couple OF clerks and a Few men need
ed to watch the property were kept.
The Champion has been one of the
largest employers of labor III Marquette
County, and until five years ago has
been q profitable mine. For the past
five years, owing to the greatly reduced
selling price Of ore. and the increasing
com petition of the Southern ores,
coupled with the necessary increased
expense incurred by deep mining and
added machinery, the Champion has
paid no dividends. 1t has been
known among mining men for the past
three months that the Champion. could
not work after August unless the ore
was sold. AS the ore had not been,
and ct present cannot be sold at cost,
the management of the company decid-
ed on the step taken last Saturday. The
high railroad trelghts and the low SELL
ing price Of ore have combined to force
the Champion Company to this step.
The mine requires less tlmbering
and less pumping than almost
auy mine in the county, but
with even these advantages it was
unable to produce ore at q profit, as
the market Is at present. The Cham
nion Iron Company Is composed of
nearly the same stockholders and di-
rectors as the Lake Superior Iron Com
pany, at Ishpeming, Joseph s. Fay be-
ing the president and general manager
OF both. The prospect faced by the
residents OF Oh alnpion is most I'M
pleasant one. The mine has been al
most The sole support of the town.
which numbers over 1000 people, the
other interests being subsidiary to the
mining.
The Riverside mine is shipping on an
average OF 900 tons day.
Enough work is being done at the
Volunteer to keep the mine in good
condition. There is an abundance of
good ole which can be mined cheaply
and a market at a fair price is all the
company desires.
MENOMTNEE RANGE.
The Pewabic has sent out $4,000 tons
of ore this year and has 6,000 Or 1000
tons Yet IN stock.
II WAS IuiiiUT6U lIidl u T6OuCtlou III
wages was TO be made at the Chaplin
mine, The fact is that no change has
been made IN the rates for contract work,
out shaving has been made from the
wages of company account men to make
them conform more nearly to those
paid Oh other ranges and at other mines
on this range. The cut will range from
) TO ) per cent, and it is claimed will
still leave the scale at the Chaplin fully
equal to that of any other mine on the
Peninsula.
Work has been resumed at the NIillie
in q small way.
GOJERIC RANGE