The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1904-05-06
MINING NOTES.


perior & Pittsburg sent out his no.
tices Announcing June lst as the time
when conversion to a mining COM
pany would be made 100000 have
been sent in to take care Of rights to
which holders of the development
shares were entitled. This is won
derful performance as holders had a
month more in which to send in their
money 1t shows the confidence they
have in the company and the future.
Articles of incorporation have been
filed in this state
Through diamond drills two of the
deepest holesever bored into the earth
were made. One at Parnischowitz
in Selesia, attained a depth Of 6,573
feet, and apparently this hole was
drilled for merely scientific purposes.
The second hole was drilled near Jo-
hannesburg, South Africa. and at a
depth of 1875 feet drilling stopped. as
the company making the experiment
did it to discover if gold ore existed
at that great depth. Instances are
numerous where the ordinary well
drilling outfit attained considerable
depth. The two deepest holes drilled
by this device were at West Elizabeth
Pa. and the otherin Allegheny cOun-
ty, Pennsylvania. When operations
ceased the we'll had been sunk $50
feet. The second well reached 4,6lS
feet Mining World.
q The night shift at the Fayal mine
was discontinued Monday on account
Of lack of space for stockpiling. The
number of men laid off is about 800.
but no information in regard to this
has been given out. However, it is
only a temporary setback and prob
ably will extend only to the begin
ming of shipping, which is now looked
for within two weeks. Tracks have
been laid against all the Fayal stock
piles so that shipping can commence
Immediately upon the opening of
navigation. The stockpiles at Nos /
and 2 Fayal are something tremendous
and show effectually that mining has
been going on full blast during the
winter.--Eveleth News.
So
The East Norrie mine at Ironwood
has been closed down and 300 men
thrown out of employment. 1t is
stated the reason for shutting down
was the lack of stockpile room and
that it is expected mining will be
resumed as soon as navigation opens.
The Drake & Stratton company
have started a crew of men at work
getting ready for stripping operations
at the Leonard mine near Nashwauk,
There are said to be 100000 tons
OF iron ore in the stockpile at the
mines that ship over the Duluth 4
Iron Range road, and this is substan-
TALLY the same as at this time year
ago. although the distribution of the
quantity is somewhat different at
several mines.
Chairman Gary of the United
States Steel corporation makes formal
announcement of the purchase from
the Crucible Steel company of the
Clarion Steel company properties.
The properties will be paid for by the
guarantee of the United States Steel
corporation Of securities heretofore
issued by the Clarion company aggre-
eating less than S13,O0O,OOO and the
delivery to the vendors of United
States Steel corporation I0-X 60 year
per cent sinking fund gold bonds of
the par value of one million dollars.
The properties are acquired free and
clear of all floating liability of in
debtedness.
Further particulars are being asked
for by prominent Canadians regard
ing the find of iron ore on Hunters
Island by the International Iron
Mining company of Duluth. Matters
are so shaping themselves in Canada
that the discovery of important iron
mines, it is claimed, would be nothing
less than a Godsend. The Hunters
Island discoveries were made by Lon
Merritt who also discovered the Mes
aba. Nobody is more firmly con-
WINGED Of the Importance of the find
than Mr.. Merritt. Mining men are
commenting on the interesting pros
pective coincidence that Lon Merritt
should have been pioneer discoverer
OF the MeSaba at time when the
furnacemen of the United States
were anxious for the showing up of
large ore reserves in this region, and
that he should now seem to have done
the same thing for Canada at a time
when that country is going to need