The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1896-07-22

yet to bring about its early construc-
tion in spite of the opposition of the
Canadian Pacific railroad. The Col
onel knows that a railroad is what we
need, and is bending all his energies
toward attaining that end. The
Journal hopes he will succeed in his
laudable endeavor,- Lake Jour-
nal,
Negotiations have been under way
for several weeks between the owners
in fee of the original townsite of Hib-
bling and the company headed by Hon
o. d. Kinney, A. NJ. Chisholm and
j. L. Washburn for an option for a
mining lease on the above mentioned
land. The deal was finally consum-
ated last week and preparations are
now being made TO explore the same.
The extensive deposits recently dis
covered on the forty Immediately ad-
joining on the south, by Messrs. CHS
holm, Longyear and Prentice, and the
fact that the extensive mines OF the
Sellers and Lake Superior are located
on the forties Immediately adjoining
on tho north, makes the probable eX-
stence of iron in paying quantities
here especially promising, 1t is prob
able that at least two drills will be
in operation on this property within
two weeks.-Hibbing News.
Sales of ore in lO,OO0-ton and $1,000
ton lots are made with every week,
but the aggregate is of little moment,
and the lull may not be broken for
several weeks. The probability that
connections may not all be made, il
so much of the ore business is crowded
toward the end of the season seems
not to give any concern to furnacemen
with the market for their product in
it's present shape. More miners have
been let out in the Lake Superior
country and operations are on a much
reduced scale. Freights have fallen
off further and current rates are soc
from Duluth, SOC Marquette and 45c.
Decentralization Trade Review.
Work was resumed at the Vega
mine yesterday but under new man-
agement. The Minnesota Iron cOna-
pany were the purchasers of the prop
erty and Jos. Sellwood is to have
charge of the mine. Some twenty or
thirty men went to work yesterday
and another small crew started today
and are getting things ready so that
they can work their full force before
the week is over. Geo. A. ST. Clair
will try and make sales for the ore
now in stock which, it is said, was
not included in this deal.-Hustler.
The Oliver company at Virginia
at present employs a force of about
$50 men and shipments are going on
at a lively rate. This company will
eclipse any record ever made by
Minnesota property this season, the
output thus far being considerably in
excess of 400. 1000 tons. X n The Drake
& Stratton company are employing
from $50 to 300 men on their stripping
on the Oliver and Lone Jack and in
loading at the Ohio.-Enterprise.
c. C. Prindle, representing a COM
pany of Duluth capital. was in the
city the fore part Of the week, and
in company with Mayor Vail and
John Semer, thoroughly examined the
property known as the Lockhart, dir
ectly west Of the city, with a view to
prospecting the same. Mr.. Prindle
was very well pleased with the show
ing and ventured the opinion that
a crew would be put on within a very
short time.
The Chandler distributed about
$40, 900 among its various employees
Thursday. About 5000 tons of ore
are being shipped from this mine to
the Two Harbors docks daily, the
steam shovel working both night and
day shifts. Something over 100000
has been shipped from this mine up
to the present. The hoist is about
10000 tons month.
The Cloquet Iron Mining company
has filed articles of incorporation.
The incorp0rators are Joseph Sell
wood and R. M. Sellwood, of Duluth,
Arthur G. Ellis and VIM. L. Brown, of
Chicago and Henry G. Dalton, of
Cleveland. The capital stock consists
of $50 shares of 800 each.
A natural drift in No. shaft at the
Hull, near Hibbing, 100 feet from the
surface, was found by the miners