Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1907-11-28
TIE MINING SITUATION.
A Depressing Outlook for the Winter
Season.
Mineral Point The Dubuque Meeting

cut writer on the mining situation, has
prepared the following for Mondays
Milwaukee Free Press, and the same
is anything but rosy;
The week just closed has seen the
last kink let out in the general decline
in the ore markets and the depression
consequent upon this condition of affairs
has been felt throughout the district
with depressing and telling effect With
the exception of one or two buyers who
lcirculate in the field, all the others seem
to have dropped from the horizon of the
mining world One buyer is quoted at
about $3S per ton for so per cent ore;
lead ore at $40 per thousand with in
structions to purchase no product which
is equivalent to no market whatever.
The shutdown movement inaugurated
several weeks ago is now further aug
mented by many of the best producer
mines closing down their plants and
laying off their miners. Hundreds of
men are out of employment and at a
time of the year when it means hard
ship to many of theimprovident.
The miner is nothing if not good
spender, and for this particular reason
every tradesman, the fan n ar and others
enjoy his earnings when things are right
and coming his way. Mining towns are
usually lively towns and it is the miner
that is responsible for trade activity.
Happily for this mining district, agri-
culture is yet in the ascendancy and
there is the same quota of business this
year that has prevailed among our
farmer piatocrats for the last decade.
Much development work is on foot at
several points and new companies start
ing iii have use for limited numbers of
men. For this reason no actual cases
of suffering have 50 far developed, but
many will find the coming winter an UNI
pleasant experience, and gentleman
who has been in the ore business for
many years is authority for the state
| DitsIit Nirl ~ was a HidbtCl vi q WV
weeks at most when all ore buyers
woulc oe relieved from duty for the
winter
MINERAL POINT
The Tripoli has been closed down,
Supt. Perkins giving the threadworn
cause of low prices for ore. This means
that the mine calling for Milwaukee
money entirely will be out of commits
sion for the first time in two years.
The shutdown will be made effective
for the winter as soon as the rooster
finishes on the last run of concentrates.
The mine below was looking better than
at any time since it was opened up,
when the officers concluded to hang up
the sign. Before resuming, some chang
es will be made in the manner of hand
ling mill dirt, making cost of produc-
ton more economical.
The Harris mill, recently completed,
found handicap in the meager water
supply which is being remedied The
mill carries one set of eigs, eight cells
to the set. An incline shaft will connect
mine and mill, which is nearly complete.
Tbs tunnel at the Merry Xmas is
within fifty feet of completion, being
then over 4OO feet long and connecting
mine and mill, the latter being delayed
in building purposely while present con-
ditious prevail.
Msnday of this week this company
put new fifty-horse motor into read
mess for action.
The fifty-ton mill at the Hoare, built
by the Galena Iron Works company, as
r were all the mills in this camp, will be
ready by Dec. /, reports G. G. Mathey.
This mine has been worked almost con-
tinucusly for sixty years, producing
a large quantities Of dry-bone, lead and
zinc ore. The ore makes in sheet for
nation below the glass rock, the usual
occur ence both here and in the Linden
camp.
1t is more than probable that the end
of the present month will see the shut
down effective all over the district, and
the mines of Joplin, Mo-, are nearing
> the same state of affairs.
, MEETING AT DUBUQUE
The third district meeting Of the Tri-
; State Mining association held at Du-
buque Friday, Nov. %, was the best
attended, most successful meeting yet
, held by the virile miners organization
and indicates spirit of earnestress
: and purpose that augurs well for the
future progress Of the association. The
; best men the states of Illinois, Iowa
and Wisconsin afford were there and
, many speakers of national reputation
were heard in the halls of the conven-
ton which was held in the up-to-date
iJul;en hotel so named after Julien Du.