The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1919-07-19
TRADE JOURNALS EXPECT MOVE
MENT or ORE TO BE MEAvY
FORM MORE CONSULTATIONS
Local StockpiIe Ore is Going For
ward Rapidly and Shipments
Will be Large

Business In iron is picking up. The
markets which deal In steel stocks re-
feet the Improvement in business by
the constant rise in the price of the
securities.
BY far the most significant indica-
tor was the recent report Of the Steel
corporation which showed that the
tonnage of untitled orders had in
creased during the three previous
months to the amount OF over 600,-
600 tons. This was the brst gains
reported since October, 1918
Expect Big Ore Shipments.
The trade journals say that with
the steel trade showing more activity
at the leading Eastern industrial
centers, ore shipments are expected
to record progressive improvements
from now on up till the end of the
season, beginning with the present
month.
Predictions that ore shipments for
the season will equal or exceed 55.-
O00, 900 tons are being made in some
quarters, while up until recently
few experts did not hope for any bet
ter showing than $4,000, 900 tons. That
would compare with 61.156 1872 tons
last season and 62.49s,9Ol tons In
1917.
Attempts have been made recently
by ]. w. w. agitators to stir up trou
Bile ON the ranges. but SO far their
efforts have fallen fiat, and 1t Is
thought that the season Will be passed
over without any labor difficulties de-
veloping.
IL is pointed out by mining men tina
miners on the iron ranges are re
ceiving the highest wages In the his
t'sy OF the ind1s.ry. 1t Is mentioned
that contract wages on the four
ranges are averaging from $3.50 tc
81 day. while skilled gangs are
running much higher in some mines.
Shortage Of skilled labor is complain
ed OF at some OF the mines. and II Is
feared that as the season advances
and operations expand, this condition
win become more evident MAN.
foreign miners are also arranging L
leave for Europe to look up their rel
atives in the war stricken countries
now that peace is declared, and that.
IL is thought is factor that must
be reckoned with in sizing up the
labor supply situation from now on
The news from the leading indus
trial centers is to the effect that buy
ing OF finished products is on the
increase; and that re advent of the |
midsummer season does not appear |
to have effected the activity.
More Consultations.
The rumors OF additional consolida-
tions between ore and finishing con-
cerns which have been in the air for |
several months evidently had some
thing behind them for last week there |
was word OF a consolidation that eff
fects the Lake Superior ore country /,
when announcement was made thru |
the Newport Mining Co. Offices at
Milwaukee that the Newport company
had become a member OF a combina-
tion of several companies interested
in the production of iron ore and the
OF steel.
That the new combination will not
AFFECT the organization and manage
ment OF the Newport and Palms-An-
vii mines on the Gosebic range is the
belief OF the mining officials In Iron
wood.
The story OF the combination, as
told in the Milwaukee Journal OF re-
cent date. Is published as follows:
A. a. Schlosinger owner of the
important iron mining and manufac
turing interests, reported Friday,
from his summer home on the Green
Bay-rd that an important 100000
% merger OF steel and mining CON
Germs has been contaminated The