The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-16
HUNTERS SCHEME
IS WORKING OUT.
DULUTH MAN WOULD DEVELOP
" THE ATIKoKAN. 81
Visits Toronto, Ottawa and Winnipeg
to Enlist Capital, and Has the Back
ing of the Canadian Northern-Iron
Range Will Be Exploited and Steel
Industries Eventually Established.
Special to The Journal.

Special to The Journal. L=ss r.
Port Arthur, Ont, Dec. 16.-Reference has
the iron ore, deposits of the Atikokan district,
north Of Minnesota. in Ontario. This is
magnetic formation extending for many miles
along the river of that name, and with bold
exposure that shows high-grade iron. 1t -
been drilled at and otherwise explored and that
there is an abundance Of ore in the range seems
to be assured. ...' .r- a..
Efforts are being made to develop this iron
district, and with good chances of success.
James c. Hunter, banker of Duluth and of
the owners of what is possibly the most valuable
part of the range. has been at work for some
months enlisting capital in plan for the estab-
lishment Of an iron and steel industry in Canada.
the Atikokan ore to be the basis Of the develop
ment. He has enlisted the aid of promoters of
the Canadian Northern road, and has recently
been at Toronto Ottawa and Winnipeg with
them. Advices are that success seems near.
These ore deposits the line of the
Canadian Northern, and that road has guaran-
teed freight rates and to handle the tonnage that
may be derived from these properties at Port
Arthur. 1t is about 100 miles from the Atiko-
kan to Port Arthur, practically the same as from
Vermillion mines to the lake. The plan under
discussion calls for the establishment of indus
tries at some point the lakes not yet
nounced, and the ultimate erection of mills for
the manufacture of steel products, we'll as of
plants for intermediate material. 1t is under
stood that none of the existing large works,
either in the United States or Canada, is inter-
ested In the project. H.
Another Project. -
Another Ontario project is just now undertaken
by group of northwestern men, who have
cured from the government mining licenses for
a three-year term Of certain area of denounced
land on Hunters. island, on the international
boundary, where they will explore. They have
agreed to spend 900 in these explorations.
Ore mined is to be smelted in Ontario whenever
practicable under the terms of their conces-
sion. These men are F. e. Kenaston. F. B.
Wood, H. A. Hunter, H. Richardson and O. U.
OuaCkney of MinneaDOliS and ST. Paul: w H
Phipps Of Wisconsin and w. B. S. Trimble Of
North Dakota, who have made large amount Of
money in recent years by farm land speculation
In this connection it might be stated that the
work of the Interna tional Iron company, on
Hunters island which has been under way abous
year, is not proving any great value for that
company's selections, all of which made
some time ago, and supposed to be among the
best-looking lands in the district. Such con-
Germs as the United States Steel Corporation and
the Lake Superior Corporation do not place great
both these have carried on explorations there in
previous years. 49,
Canada's Only Iron Mine.
Shipments from the Michipicoten range, Helen
mine, have ceased for the year and have been as
follows since the beginning Of mine operations
1899. ........... "a, 1851 1908 ....... POI 1897
1890. o g. d ds2 1904 1913
1902: .2S5 SS9 Total 900 Toe
Shipments this year show a. great decrease on
| account of the lateness Of beginning, and the
troubles. in which the company was involved so
| much Of the season. The past few weeks the
company has been moving about 1000 tons a
| day 1t is one Of the peculiar facts connected
with the iron ore trade of 1904 that this COM
: pany was able to sell in the open market a nom
bessemer ore containing tri1ing percentage of
sulphur at a better price than it paid for a
strictly good Mesaba of about the equivalent iron
content The Helen is the only iron mine in
! Canada r.
| ASHLAND, VISIT IS reported that the
plant Of the Ashland Sulphite Fiber company has
been purchased by the Menasha Paper company
The purchase price Is about $4,000. =,
! SALTWATER, MINN.-The insurance on the
| Atwood museum and gymnasium has been ad
justed, but amounts to only small part Of the
| loss force of carpenters is restoring the
| building about on the same lines as before