The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-05-27
Low PRICES FOR
STANDARD ORE
MINES CLOSED DOWN WHEN
THEY HEARD THE NEWS.
So. s5 {, Ton Only for Cleveland Deliv-
ery-Other Mesabi Properties, How
ever, Begin Hoisting-Delay in
Shipments Felt at Eveleth and Par
ticuIarly on the Menominee Range.
Special to The Journal.

Special to The Journal.
Duluth, Mimi, May 27.-some sales of
standard Mesabi ore, guaranteed SO iron
and O4O phos have been made this week
for $2.85, Cleveland delivery. On receipt
Of this information well enticated, an:
additional mine or two closed down in
definitely, and more would If 1t were pos
sible.
The Oliver Iron Mining company has
resumed construction on its great ore
crushing plant at Escanaba. 1t is scarcely
possible that this plant which differs In
magnitude and many other points from
any now in existence, will be running be-
fore late this year. It IS designed TO
crush hard ores from both the Menomi-
nee and Marquette ranges for the United
States Steel corporation.
Hosting Started.
Hosting begins at several Mesabi prop
critics, In spite Of the unsettled state of
the controversy between the lake carriers
and their captains. Among the. mines to
start up have been the new Yates OF M. A.
Hanna & Co., near the village Of Buhl
in section 21-5s-19. This mine has been
under development all winter and is pre-
pared for extensive shipments. It is
owned by the state Of Minnesota and
pays royalty to the state school fund.
Kinney mine Of the Republic Iron and
Steel company has also resumed hoisting
from its milling pit, in preparation for a
considerable shipme emit This mine was a
year, but it is hoped that by more care
full work a better product will be Sc
cured hereafter.
Higgins mine, operated by the Oliver
Iron Mining company, has been installing
machinery and mining from its stripping
pit, but will probably get out no ore till
late in the year, and not more than its
minimum. About 100000 yards Of surface
are to be moved from the mine in the
course of a stripping contract now under
way. Pitt Iron Mining company has re-
opened its Miller mine, at, the east END
on surface at the mines at Eveleth, which
cannot be moved until navigation is vel
under way,
Lack Of Shipping.
On the Menominee range the delay II
shipments has worked havoc. All the
large properties are letting out men, a.
they mine but little more before clos
Ing completely pewabic and Walpole
Chaplin, and many of the smaller proper
ties have reduced forces. At Traders
which started upfor the season last week
They had no sooner resumed than the,
We're obliged to close, for lack Of shippin.
} facilities. Mansfield is closed down tight
i Loretto, reported closed, Is still runnin.
with ITO men employed. Near Quinnese
: is an exploration that has been carriet
on for some time by the Messrs. McKenna
and that Is showing well
Champion mine, which has just passe,
into the possession of the United State
; Steel corporation, has been an importan
. mine of the Marquette district, and ha
now more ore in sight than at any pre-
ceding period Of its history. It is hardl,
probable that the mine will resume thi
| year It's stocked ore is in quantity, an
, there is no especial demand just now
It is opened to the depth Of 1000 feet
deeper than any other mine in the LAX
: iron region, and In the bottom levels ar
slopes opened up to 100 feet wide thu
show an immense tonnage.