The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1895-11-20

some native silver, both coarse and
| fine, can be obtained. These, the
''Bin Weigand," lots have been thor
oughly inspected by European capital
lists with view to investment, and
doubtless will, in the near future, be
placed under active development.
The present owner, Mr.. William Wei
gand, of Fort William, remains in
charge for the winter. = y The Nc
Donald claim of n. P. 167," nearer
to Calm lake and directly upon the
proposed line of Rainy River railway
has been bonded to developing COM
pany, and will, it is anticipated, be at
once placed under development, while
lower down the stream, at the Bull
claims, arrangements are also upon
the tapis for work. The title to this
valuable property has so far been de-
layed by the timber limit unsettled
claims" and to this unfortunate state
of affairs is due much of the delay in
opening up this and other equally
valuable gold claims along the margin
of the upper and lower La Seine. An
interest in 1.-THE Bull claim" was
lately disposed of to Mr.. Silas Griffis
Of st. Catharines, who has secured
several other valuable locations in
this section. It was the intention of
Mr.. Grifis to purchase the entire
claim, could the owners give him a
title. This question of titles will, we
trust, soon be settled, as but very
little timber of merchantable class
exists upon the land, and this will
all be cleared off shortly by the three
lumber camps now being established
there. Among the other partial
ly developed locations in the Shoal
and Bad Vermilion lakes section in
addition to Ray, Foley and Weigand
land in the same geological formation,
viz, protogin granite), may be men,
toned the Hillyer, Kelly-Mosher, the
Bartley-Wilson and last but not least,
the Randolph claims, AL l13-1415-16
all in prutogin, and all carrying very
appreciate quantities of native gold
in well defined lOdes.-Rat Portage
Record.
Figures of the Duluth & Iron Range
road, the stock of which is ownrd by
the Minnesota Iron company, show
that for ten months of 1895 the road
viii have earned above all charges
and expenses more than 81, 900, 600.
This is equal to shade over per
cent on the entire capital stock of the
Minnesota Iron company. In addit-
ion to this the company has the enor-
nous profits of its eight steel steam
ers, which carry on the lakes, and
these profits have never been larger
than this year, and all the profit on
the ore sold this year. That dividends
will be resumed early next year on
Minnesota Iron stock is an absolute
certainty. The company expects to
make heavier sales OF ore next spring
and at a higher price than ever in its
history.-Virginia Enterprise.
The Drake & Stratton company
have placed one Of their steam shovels
on the bench in the east cut of the
Biwabik and the other three are
working in the thoroughcut. The
ore has been reached at several points
in this cut and in other places only
about five feet of surface remains.
The dump is growing every day and
is already veritable mountain. The
good weather of the past week has
been very favorable for stripping and
the company has been able to make
up for some of the time lost because
of the bad weather OF last week.
-Mesaba Range.
Discoveries of coal are once more
reported from the country north Of
Duluth. To add to the value of the
coal found local Duluth paper grave
ly says that 1.-THE explorers put some
of the coal on their camp fires and it
burned excellently" 1t may be set
down as fact that no coal of value
has been or is ever likely to be found
in Northern Minnesota or near it.
Engineering and Mining Journal.
The correspondent Of the Journal
who penned the above seems to think
he knows all about it. The geological
formation also precluded the possibil-
ity of iron ore being discovered on the
Mesaba range, according to good au-
thority.
The prpvailiup hiph prico1 of irop