The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1911-10-07
PROTESTS AGAINST
GENERAL PROPERTY
Continued from page y.

To do so
The Davidson Ore company's repre-
sentative not being present the Hem
lock River Mining Co. was called and
Mr. c. H. Munger, general Manager OF
the Pickands- Mather properties, re-
sponded and was sworn. Mr.. Munger
stated that he had no objection to the
figures set upon the Hemlock mine hut
suggested that the figures of ore value
be taken from fifteen year average
instead OF five year average as was
done by Mr.. Finlay.
For the Verona Mining company Mr..
Munger stated that he thought that the
estimates set Ivy Mr.. Finlay we're ex-
cessive and that the expected tonnage |
was at least four times what IL ought |
to be. Taking up the properties speci-
ticaIly he stated that the Baltic esti-
mate of expected tonnage was excessive
for the reason that the property already
gave signs of tapering down and that
the Fogarty expectancy was likewise
excessive. For the Caspian and Houli
han he thought Mr.. Fiulay's method of
arriving at the expected tonnage wrong
for the reason that the wide deposits
are generally the shallow ones
Mr.. Munger asked for reduction OF
about 90 per cent from the Finlay
figures and promise to file with the
commission a set of figures represent
ing his opinion of the expectancy.
The Huron Iron company was the
next on the list and was represented by
Frank w Youngs.
Mr.. Youngs stated that be considered
the valuation set upon the Youngs mine
TO be excessive for the reason that ex-
ploration in the bottom of the mine
don show more than three years work
ahead.
The ore cuts out at II feet below the
bottom level and nuless ore is found cn
adjoining forties the future OF the mine
is big question. He asked to be- re-
duced TO oue.fourth OF the Finlay esti.
mate.
The Bristol Mining company WAS ON
and after luncheon and was represen-
ted by Gen. Mgr. Hopkins and Supt.
BjorK They objected 10 the Bristol
expectancy figures and stated that their
own figures show but 522 600 tons with
an additional $50. 900 tor probable con
] tinuance OF the ore IL was also
brought out that. whereas, heretofor 81
per cent of the ore mined has been the
Bristol, or high grade. recent estimates
} show but about 90, 600 tons Of that
grade in sight. the balance being man.
J ganiferous ore. Mr.. Hopkins asked
that this fact be- given particular at
} tentIon. He asked for reduction OF
about 40 per cent from the Finlay Big
} ures.
Mr. Hopkins also covered the Brnle
Mining company case claiming excess
in the expectancy as In the other cases
For Jones q Laughlins, VIM. Wal
ters appeared. He stated that the best
D his company could get out Of their
driliings was volume OF !, 500, 900 tons
D whereas Finlay places il at 1900, 600.
Mr.. Leith explained that in figuring
D out this property Nh. Finlay had tigur'
D ed from the drillings on the adjoining
0 property which is owned by another
y corporation
0 The Mineral Mining Co. was repre-
0 sented 10y Gen. Mgr Il f. Brown, Of
D Iron Mountain Mr.. Brown took M
. first the Wauseca property upon which
y Mr. finlay finds over million tons
0 Mr.. Brown can figure out only 40, 00t
tons of understandable ore and that Il
y very high in moisture aud not desirabl,
i'm anyway. He stated that he would
. file maps with the commission showing
. that the greater portion Of the ore from
which Mr. finlay figured the value 0
the mine is absolutely nonmerchant
y able.
Taking up the Osena James, Mr.
= Brown said that the best he can hgur
\ out is $50. 600 tons against 1000, 90
= tons estimated by Mr.. Finlay.
y In defense OF his argument he state,
= thar the particular district in wnic
the James Is located is one which con
) tiEuity is a neglible quality. NOR
- so than any other district In the LAX
Superior region. He thinks IL OK
= tremely hazardous TO estimate NOR
= than 100 teet in depth on an area OF 10
I. feet and asked that the estimate 0
= that property be cut 45 per cent.
4 For the Munroe Mining company an
80 the Niagara Mining Co. Gen. Mgi
- - Woodwork appeared Mr.. Woodwork
~ stated that the lenses in the Chicago
I, ~ are small and that an estimate OF moi
- than al, 62g tons cannot be figured on
He asked for "A 25 per cent reductio