The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-08-22
MINNESOTA
FURNACES AS WELL
international Harvester Company
Expected to Take behring's
South Chicago Plants.
Announcement Will Follow the I'm
portant One Of This Week
Weekly Lumber Review.
special to The Journal.

all iron ore interests OF the Deerlns i1aA
vester company by the International Har-
vester company, announced few days
ago, gives the latter enough ore to fill IN
part It's requirements as to steel for years
to come. This purchase will probably be
followed by the announcement OF a similar
purchase of Deering furnaces and besse-
mei plants at South Chicago, which, have
been in the same position relative to the
International company as was the ore.
Three mines and two prospects were In
Guided in the purchase. or the mines the.
Agnew and Hawkins are on the Mesaba
range. the La Rue near Baraboo, Wis.
This Is the first and SO far the only mine
in the Baraboo range. and what 1t Will
amount to. aside from the tonnage so far
exposed, is unknown. The prospects are
for a large and important mine, and as 1t
Is but 80 cents by rail from Chicago fur.
naces, it is more valuable for the Inter
national company by just the amount Of
the lake haul than any Mesaba ore OF
similar character that could be secured.
The Baraboo ore in general is some
what handicapped by too much. water. or
the two Mesaba mines the Agnew is more
valuable, tho its tonnage in sight Is less
than that Of Hawkins. 1t has some $780,
900 tons of good ore, about half bessemer,
and there Is probably more to be found in
the mine with further development
Premier Stripping Contract.
The largest stripping contract ever let
by a mining company In the history of the
trade is under consideration and will
probably be signed shortly. 1t is for the
development OF a new mine that will be a.
very large Mesaba shipper next year.
August shipments of iron ore are hold
ing up very well from Minnesota mines,
but are falling back little from old
ranges.
At Pioneer mine thy are about to raise
shafthouse that Is to be 1853 feet high,
all steel frame and casing. The new en-
gines are to run at the rate of 1000 feet
minute, and loads Of five tons will be
hoisted. The main shaft Is now down
more than 1000 feet. This mine has
| shipped so far this year 100000 tons, and
during July it hoisted from its one work.
| ing shaft $4,000 tons. This Is an enor-
nous record for one shaft working two
skips.
Stripping at its new Crosby mine, west
ern Mesaba range, has been stopped by
the Cleveland Cliffs Iron company. Rail-
road tracks to both this and the Larue
mine adjoining are completed and ship
ments might begin any time. But it is
| probable that not much shipping will be
carried on this year, for ore sales have
| been light.
I Ore Transactions Light.
! Ore sales in general have been exceed
ingly small and few for the past month OF
4 two. and furnacemen are waiting for the
/ fall before deciding on what they will do
i This is having an effect on shipments
/ and wild tonnage that has been in ore is
| now being taken off and either put into
Z coal or grain or laid up for few weeks
i Contracts for the erection Of fifty
houses for employees have been let by the
United States Steel corporation for it,
new Monroe mine. ss i
| Higgins mine of the United States Stee
corporation will probably be entered al
once and opened as a large stripping prop
erty. This step is made possible by the
purchase of the adjoining McEwan by thu
/ corporation. McEwan Is one of the prop
critics secured in the great Chemung deal
closed few days ago, by which 70, 900, Oo
tons OF ore, at the least calculation, pas
into the hands of the United States Steel
1t is probable there may be 15O, ZOO, OO
tons OF ore. rather than the amount given
In these Chemung lands, and the impor
lance of this deal cannot be overesti
mated.
great automatic hoisting engine o
very large capacity and new design, is t
be built for the Aragon mine, Menomine
range.
! Hines Lumber from Hayward.
The Hines Lumber company Is bringin
In from it's mill at the village of Haywar
100000 feet of lumber for shipmen
east This is on sales made last winte
by Messrs. Shaw & Holahan, brokers here
A certain portion Of the better stock q
this mill has always gone east, but it ,ha
? heretofore gone by the way Of Ashland
as Hayward is some fifteen miles north G
: the junction on the Ashland branch of tn
} Omaha road. It will be handled over tn
Great Northern docks. The logs fror
| Woi of1 tic fjy,,1, to- o.
to Lake Superior, are hauled down
!. Hayward, and now this part Of the CT
!, comes back 100 miles over the same rout
, for shipment So
1t begins to look as tho the local cut {
lumber for next and perhaps succeedin
! years was to be augmented by stock be
I longing to the Ruggles interests in tn
. Rainy Lake company. It is reported ths
u they have been making inquiries for saw
!. Ing capacity for the coming year. int
| mating that If rates could be properly ac
y justed they would fill up at least one cit
! mill with stock to be shipped east.
: Shipments and Sales.
For August to this date 56,7So, 900 fe,
IL of lumber have been shipped by lake fro
= Duluth and Superior.
Lumber sales for the week have bee
very few, and the market Is quiet It
. doubtless a fact that yards are buyir
slowly now, in full expectation that the
must not have high priced stock on har
when it may be possible later to br
cheaper. Whether they are right or no
j.. this is the expectation among them, ar
accounts for the slackness Of deman
Then the eastern labor difficulties ha,
ID been such as to curtail greatly the ,demar
: for lake lumber in that market and tn
70 has had notable effect on yardme
lc Shipments however. keep very large, tt
% mills are well sold up to date, and Il
a indications are for steady and continu,
q business to the close Of the year, exec
s. for mills that had arranged to close f
I: the fall during the coming month or So
- Good Timber Reserves.