The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-09-25
iron ORE FIND IN
MORRISON COUNTY
EXTENSIVE MAGNETIC DEPOSITS
NEAR RANDALL STATION.
AS Much as $50 an Acre Paid for Land
That Was Transferred a Year or So
Ago for $3.50 an Acre-St. Cloud,
Duluth and Northern Pacific Men In
vestigate. ..o -ae
Snecial to The Journal,

Special to The Journal. .-- IT,
Little Falls Mimi, Sept. 25.-some excite
ment is running rife in this region over the fact
that at Randall, a small town on the Northern
Paciflcs main line, ten miles northwest Of
Little Falls, there is an extensive deposit of
magnetic iron ore. The lands have been thor
oily examined and that the deposits are of COM
mercial value Is shown by the fact that realty
in II at location has recently been purchased at
far above its farming or stock value.
D. II. Freeman Of st. Cloud has had the coun-
try thoroly explored and has bought many tracts.
paying in instances high as $50 an
acre. Lands that were transferred year or
two ago at $3.50 acre have recently sold at
egyeral times that price.
Other persons have also closely examined the
district. By the of dip needles in their
hands Of experienced mining engineers lode
thru section In Randall township and thru
section 81 and 80 in Clough town.
The investigation shows that the lode Is in
some places about 600 feet wide and narrower
at other places. 1t takes some such a curving
course as river might. A thoro examination
of the surrounding country for several miles
does not show the existence Of magnetic ore
outside of the lode mentioned.
The possibilities are stupendous and many who
have investigated the matter have faith that a
very valuable deposit has been found. The 1ndi-
cations similar to those found In locating
some Of the greatest mines in northeastern Min
nesotn.
Engineers In the employ of the Northern Pa
cifc have explored this district in the past few
it Is understood they have perfected some pur-
chases.
One farmer has been offered $1,000 for his
quarter section, altho there ore indications
on but q small portion Of it. An offer is also
made of 81 900 for certain forty-acre tract.
Merchants Will Buy Grain.
The Retail Merchants association of this city
has purchased a warehouse and will buy wheat
from the farmers. 1t is asserted that the local
wheat market has been greatly below the Mime
apolis market thru manipulations Of the dealers
and the merchants desire to improve the market
and thus bring more trade to the city.
4 committee of prominent business men, Bar
ney Benton, L. o. Vessel, W. H. Ryan ant
AL Simonet, has been appointed a managing
board and will conduct the business.
The prices to range from &c to &c below
Minneapolis markets, which will leave then
higher here than heretofore.
The purpose Of the movement is not for prom
thru wheat buying, for wheat Will be handled, Il
necessary, at small loss that more trade ma!
be secured for local marts.
Runs Off with Both Shares.
James Fieman, a farmer, residing six mile
east of this city, is being sought for by Mrs
Mary Scripek Of this city. Fieman rented
farm from the woman, the crop to be divided be
tween them. After threshing Fieman gathered
up his family and belongings, appropriated t
for parts unknown, using the horse ana "ago
route for the south.
He has not been apprehended but proceeding
will probably be instituted and the authorize
put his track unless he repents and make
restitution.