The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-07-29
iron ORE MINES
WORKING HEAVILY
IMPORTANT SALES By LAKE So.
PERIOR PROPERTIES.
stockpiles Will Melt Away Before
Fall-Reasons for the New Bust
ness Are Hard to Ferret Out, as the
Steel Trade Does Not Show the
Improvement Expected.
Special to The Journal.

Special to The Journal.
Duluth, Mimi, July 2s.-Important
sales of ore have been made by many
iron mines along the Lake Superior re-
giop. and the volume of consigned snip
naents will be small henceforWard. This
Is q strong feature Of the market, iof
consienments are always a weakening rae
tor and recently they have been especial
ly so, as lower lake dock managers nave
been ordering consigned ore out OF the
way. and owners have been forced 10 set
rid Of it to the extent of making sales
at sacrifice figures. In consequence OF
the new sales and the additional strength,
the market seems to show, more mines
are shipping and former active ones are
working more heavily.
The reason for these new sales is hard
to find. for it Is undeniably true that the
steel trade does not show the improve
ment that has been talked about, and Is
disappointing to its friends. There are
few new orders for finished material, so
| far as the ore end hears Of them, and
the ore going forward Is evidently de-
signed to be on hand later. 1t is against
| the policy Of merchant shippers TO nave
lot of ore on lower lake docks at the
opening Of navigation In the spring, as
lit tends to depress summer conditions.
but 1t Is certain that without very
| unexpected increase of consumption the
next nine months there will be much
! ore on the dock. But the shipments
now going on will help In the upper lake
region and permit more mines to operate
| the case. Stockpiles will be pretty well
cleared out before fall.
| In advance of the official program OF
the next annual meeting Of the Lake
Superior mining institute the statement
is made that the meeting, which has been
called for Ironwood and the Gsgebic
/ q 1ory OF
| Ironwood. and will adjourn to meet the
following morning at Milwaukee, special
trains conveying the members to that city.
| Two days will be spent there visiting
mining machinery works, and the papers
prepared for the meeting will be read
and discussed there. On the night Of the
18th a special train will convey the mem
bers back to the Gogebic range, where
the session will disband.
Many Steam SFsoveIs at Work.
Corrigan, Mckinney & CO. are working
steam shovels at their Crystal Falls,
Great Western and Tobin mines at Crys-
tai Falls, and are showing ore out rapidly.
They have shovel at the Jordan, Mesaba
| range and six Of them at their Steven
| son. four in ore and two In stripping.
All their Menominee shipments are of ore
! that has been put thru crusher before
| leaving the mines.
| At Ashland mine, at Ironwood, the
steam shovel crew loading from stock into
cars made an excellent record a few days
ago in loading 200 thirty ton cars in eight
hours, or at the rate of $50 tons an hour.
The ore was frozen and resisted the
shovel seriously.
| Unexpected delay occurred in the con-
struction of the Oliver Iron Mining COM
pany's crusher at Escanaba docks, and
it is just starting up three weeks later
than expected.
| Forest mine, at Iron Mountain, Is ship
ping its stockpile. The mine Of the same
name at Hibbing has commenced ship
ments from its open pit and will produce
considerable ore this year.
Iron Company EvIcted.
The Loon Lake Iron company, which
has held a lease on ore lands in Ontario,
north from Sault Ste. Marie, will be
evfcted Aug. 10. and the Breitung Iron
company will take possession. The lat
ter Is owner Of the fee to the property,
and will open the mine and make an at
tempt to ship merchantable ore to the
Sault
r., Very large shipments are being made
from the works Of the Helen mine, be-
longing to the Sault company. One week
10000 tons were sent out
Operations at the exploration Of the
international Iron company, on Hunters
island, north of Minnesota. are being
conducted with the greatest secrecy, and
nothing Is heard from there.