The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-07-20

Il
THE formed The DIAMOND DRILL
MAsToDoN. yesterday that he had re-
ceivcd orders from the Mas
todon Iron company TO remove the
pumps from the lower part oil the mine
and permit the bottom levels 10 all with
water to the Northumberland
level The work OF removing the pumps
was started today. A drift, however,
win be started at the Northumberland
fifty-foot level and driven in north
westerly direction, for prospecting pur>
poses, the company seeming loath To
believe the mine worked out and deter
mined not to abandon IL for the present
at least. Four men will he engaged IN
this DRIFT Word has also been received
to ship the stockpile. and loading will be
commenced Monday, or AZ soon there
after as cars can be procured. Altogether
about twenty men will be given employ
lnent about the mine until the close OF
navigation. In speaking OF the Dober
exploration, located near the isabella
mine at Iron River, and which he visited
last week in the interest OF the Mastodon
company, Mr.. Roberts says the Masto-
don company are In correspondence with
the fee-holders OF the Dober property,
but ii Is not yet known whether or not
they will secure that property, though
that is the trend OF the correspondence. Z
An Iron Mountain despatch
sCHIEs- TO the Milwaukee Evening
NIGER Wisconsin, Tuesday, stated
DENIES 1T. that Ferdinand Schlesinger,
backed by Corrigan, Mckin-
ney 4 Company, Of Cleveland, had
secured control OF the Colby mine, near
Bessemer. The despatch stated that
the deal was concluded at Houghton
last Saturday and was confirmed by
Attorney Flanagan Monday evening.
The Wisconsin, however, STATES that
Schlesinger was seen at his office IN Mill
wRukee Tuesday and asked whether he
had secured orexpected TO secure control
or any interest in the Colby mine. He
said: '.Not five cents wosth OF interest
in IL. have not secured any interest IN
the mine and never will have any. IT is!
moi n mine that 1 would want, ms IT.
would not be OF advantage to me. /
have understood that negotiations have
been under way by which the Colby was
20 be iensed to some Cleveland parties.
but have not heard that the deal was
closed. You can say, however, that /
Nave no interest whatever in IL and viii
not have" The mine is owned by Mr..
Ascherman and Others at the present
time, with whom negotiations have been
had by the Cleveland parties mentioned.
The Colby Is located just outside the
town al Beseemer, and although run
pretty heavily under three years lease
by Cleveland parties, IL Is still considered
one OF the big mines on the Gogcbic. IL
IL In the vicinity Of the Anvil mine which
recently passed under SchIesinger's con-
troll. The Colby IL one OF the substantial
mines OF the Gogebic range, and was Tor
meriy In the control OF the Colby syndi-
cate, afterwards passing to the Penokee
a Gogebic Consolidated company, which
surrendered ita lease some months ago.
IL II said that new syndicate recently
entered into negotiations for the purpose
OF placing Mr.. Schlesinger in charge. The
Colby first became n producer in 1884, |
when the total output was about l,022
tons. The following year $4,000 tons
were taken out and shipped in 1886,
2b7 ,432 tons in 1887, 25S,51S tons
and In 1888 IL produced 2S5, $50 tons.
IL icll of the following year, only pro-
dncing 136, 900 tons, and 193,O3S tons
Ia 1890. Since then the annual output
has been very light, ranging from 10 900
20 5000 tens. and last year il was
32 600. The total output since 1854 Is |
placed AT I .3SS,574 tons, the mine being
classed along with the Ashland, the
Aurora and other good properties ON
tte Gnses,:c range.