The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-08

S GO Re- , ore F ~ 2 "a 1 9Sd9 II tnD Eslne Which Esi' has !:
s Ssen al d.l tSe d G%T5ns sss i Sssu e cfnsse dH z cross As
cut will be started 10. determine its extent.
The find is the first Of importance made in
work has been carried on there most Of the
time.
LAKE REGION IRON MINES.
DULUTH. MINI. Oct. THE Duluth, Mis-
car order from 500 to 1880 steel ore cars of
Atty tons capacity each. and it's locom2tlve
o opRines nS Of Ssicb Fourteen are for T~ ore SsauiinS,
four. for switching and two for passenger
service. These cars will in part replace
win increase the companys capacity FOR
the coming year. All the order ts TO be de-
liyered In he spring. Ihe Duluth and lTcn
cars from 400 to 700. and has added similarly
TO its motive power orders. These two roads,
Steel Corporation. will therefore have 2,45O
more ore cars than they have this year, and
will be in position 70 move at least 100000
tons more ore than during 1909.
The Duluth, Missebe and Northern will
move during September about 100, 900 tons.
Known in /, tie history Of tie trade. and fully
u 0,G0O tons more than II expected to he able
TO forward. The Iron Ranne viii m%2yeduring
road is now ahead Of its schedule Of the year
and is able % move more lcisurely than before.
behind a. tie m mines have been npsbfs 10
furnish ore as ia st az the road has taken
it away The rest Northern is increasing It's
ore tTathC, rs cars ordered for delivery last
spring begin to arrive in numbers and are
put into service. Its large mines are anle
greatest shippers, tho Stevenson mine. win
increase its shipnents from its former sched-
ule Of $4,000 tons to more than a million
creased tonnage at a price that varies M to
SIS MORE than the long term contracts. on
which he bulk Of its product was disposed
OF. he same Ia rue OF other mtne2.
MIN NO NOTES.
Edward Y. BUCHANAN Of the New York
STOCK Exchange firm Of A. q. Brown 4 60.
announces that FINANCIAL arrangements have
ment Of he Gold mining properties IL Santo
Domingo Of the santo Domingo Gold and
Copper COMPANY: The company has beer
George !. whitLcy Of the firm of whitney,
Stephenson \ Co.. bankers and br0sers Of
h .i4essTSs; r. Is II H+ rF Ts't Sn,; and and NJ. s s%sRsnsn
returned last Friday from a trip TO the West,
as a result Of which cams their annonnc enlent
that the properties in Santo Domingo would
he developed At once,
The company. has acquired about 200
high in gold values. Mr.. Buchanan says.
plineraiized Lasin Of ne lama Valley, which
taken by. the early SpenieIds. Paving been
%Compelled ~ the ediet from she Spanish
up STPf their work. %EfGH IS. Wick HR' s,nce have lam AMOR dor-
mant."
Mr.. Buch nnan Says that he and Mr.. Whitney
believed much If the area they had acquire
was worth si.CoO.OoO an acre. Capt. Ely Dor
sey. who has lived in SantO. Domingo several
years, Mr.. Buchanan says, has rPdiscoyered
the placers. Capt, Dorsey is viCe-president
Of and n director in the company
Toe company already has been financed
among our friends md associates. Mr.. Blu
chanan says. and shortly will bavegpwsrd Of
s51a.O00 in cash ia the treasury. Not. how
ever. until the next directors meeting. will
IN arp In INV moro gfnpk for Ealp Mo have
paid for the properly in fuIl and have paid
the taxes until February IS. 1877"
&. n. Jackson. general manager of the
mine a. and n CORPS Of on neers and man scrt
from the Unite ed States have installed the first
cOnsiUn ment Of machinery, which will be pro-
ducing in A few DAYS.