The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1899-11-24
MININGNOTES

The News-Tribune says: The
Oliver Mining company is planning
for big winters work at its Vermil-
ion range mines near Ely. 1t is the
calculation to have at least 10000
tons OF ore in stock pile at these mines
at the opening of the shipping season
next year. This spring there were
only 900 tons in the stock pile at
these mines. The Oliver Mining COM
pany is just beginning to get its prop
critics in full swing on the Vermilion
The company has 700 men in its
employ at the present time and could
and would employ more miners if they
were available. The Oliver Mining
company is starting new shaft on
the south side of the Pioneer proper
ty. This big mine will probably
J ship at least its minimum under
the lease in 1900, which is 500,
600 tons. The electric haulage sys-
TEN, which was introduced under
ground at the mines, has been put in
operation to transfer ore from the
shaft to the stOckpile. A mining man
says that the electric haulage gives as
J good satisfaction above ground as be-
J low ground. The aggregate ship
ments of ore from all of the mines at
Ely will be about 1900, 900 tons this
season and next season, it is already
assured, they will reach about 1.750,-
coo tons. The increase of 500, 900 tons
OF ore next season as compared with
this season at Ely will, according to
! an Ely business man, means great
deal for that city. Business is ex-
cellent at Ely and the hotels are now
crowded all the time, and that it is
with difficulty thatall the transients
. can be comfortably lodged. The
Oliver Mining company has two eX-
pl0ratiOn crews at WORK on the Sheri-
dan homestead property On which the
company procured an option for a
! lease about month ago. 1t is said
! that the prospects for the opening of
I one of the biggest mines on the Yer
4 million on this property are excellent.
3 The month Of November has been
exs ptionally favorable for the ship.
ment of iron ore. Before this time
I cold weather has usually made sus.
pension of operations necessary, as
the ore freezes in the ore pockets.
A Pittsburg dispatch says: The
4 first real entry Of Pittsburg into the
Z construction of large steel vessels Oh
the latest improved and most modern
& lines is about to be undertaken, and
with the taking Of this step comes the
q initial move by the Carnegie Stee
] company to combat the partly sue
& cessful gobble by the Rockefeller in
4 terests of all the available lake TOM
q age. This is what is meant by the in
= corporation last Friday of the Pitts
! burg Steamship company at Charles
) ton, W. Va. II. W. Oliver says
3 The new company represents the
] Carnegie-Oliver interests and its pur
i pose is to establish ship-yard on the
4 lakes. 1t is the intention to build ore
y carriers for this interest. This is al
3 that can ne definitely stated at thi!
s time, as the company has just beer
I Incorporated. The authorized cap
] ital of the Pittsburg Steamship com
4 pany is 100000 The principal in
j corporator is Attorney James NJ
i Hoyt, of Cleveland, who is acting TO
j the Carnegie-Oliver interests.
I Opinions of iron ore producers diff
, fer as to the probable date at which
? the bulk of the ores for next year,
? delivery will be sold. There has al
Z ready been few sales Of non-Besse
8 mer ore but the price has not beer
I announced. 1t is said that the fur
nacemen are beginning to show con
, siderable anxiety about prices 70
1900 and many inquiries have beer
! received from them by the leading
producers. 1t is said that a meetin!
2 of the producers will be held the latte
part Of this month to consider mex
Z seasons schedule Of prices. Whethe
: the Mesaba range will be represented
5 in a schedule next year is apparent.
. still question.
? H. c. Draft, auditor. W. M. Jeffrey
2 assistant auditor and r. E. Mace
Z mine purchasing agent, of the Olive
3 Mining company were in the city Fri
: day and Saturday on tour of in
5 spection. They were accompanied
> by W. P. Marshall of the Marshall
, Wells Hardware company of Duluth
, The party came in the special ca
2 "Frontenac" of the Northwestern
Z line.
s Foley Bros, the contractors wh'
are to build the Great Northern
D new ore dock at Allouez Bay startet
, their part of the work this week
, This will mean that $50 or 800 mel
2 will be put to work there and the.