The Bismarck tribune., 1919-04-07
GREAT LIGNITE
PR0JECT TO BE
SOON
Consumers Mining Co. Proposes
Big Undertaking at Its
Hayelock Property
TO SELL TO STOCKHOLDERS
Purchasers Of Eight-Percent
Dividend Bearing Certifi-
Gates Get Cheap Fuel

Dickinson, Nd, April IA steam
or electric railroad and a lighted high
way or right OF way extending from
the towns Of HavelOck and New Eng
land on the south through Dickinson
to Dunn county points, may be the re-
suit Of negotiations now proceeding III
Hettinger county, where the Ignite
Consumers Mining Co., a newly form
Ell organization with offices at New
England and mines ut Havelock. are
about to begin operations with u $780,
600 capitalization. II"
The contemplated plans Of the new
company were recited ut banquet in
the Gardner hotel at New England
and ut a public meeting in that city
Monday night. at which each of the
directors of the company addressed
the public. q MI ,..s...,>. Mi
The purpose Of the company is to
exploit the vast Ignite resources Of
this section and to that end have
purchased 020 acres Of ground ut Have
lock, consisting of Section21, the. north
west quarter of Section % and the
northwest quarter of Section 90 A
natural drainage at this point will
render mining conditions admirable
Beneath these 920 acres lie 18, 100000
tons. of Ignite in q 12-foot vein with
a 25-fOot Overburden. This latter
will be stripped by means Of gigantic
steam shovels with dipper capacity
nearly 5000 cubic yards Of dirt will
be displaced every nine hours and
1000 cubic yards of pure Ignite will
be placed in cars in the same period
Of time. ~. r .
Various test holes sunk last Octo-
Der show the uniform depth Of the
vein and Il neighboring mine evi-
dences the outcropping Of this con-
tinuatiOn to equal the depth. The
Ignite will not be loaded until it is
subjected to the crushing process
which will reduce it to uniform
lump size, thus affording better. sur.
face for evaporation of the "a per
cent of moisture in Ignite and fol
more convenient handling y,
The process of, surface mining elm
mates the worry of handling mine
labor. now Il feature of underground
mining. as few are required to min,
Ignite when steam shovels are used
hHJ LuC PI VI IlSeiIatC 10 ,UuNNlIS
ing is evidenced BIZ the, prices that Oh
tanned ten years ago and which ar,
en effect, today. q, Formerly Ignite
sold at the mine For $1.25 per ton; to
day the price, is $24O.
The demand for Ignite is increas
ing. a condition made by the shutting
off Of coal from eastern points. Dur
ing the year 1876, ;E,4 600 tons wcr.
mined; $40, 600 tons were sold in 1917
and last, year the figures had .increas
ed to SG4, 900 tons. Not any of thi.
was shipped from the state. But II,
600 tons were mined in South Dakota
in 1918. and it is predicted that thai
state will show a 100000 ton shortage
this year. II. y. 5,-.. Y 4
Active competition with all other lig
mite mines in the state will lie met. thu
new company claiming that under thu
new freight schedule, Ignite may bt
shipped from the HavelOck mines tt
the following points as follows: Bis
marck, $1.1O; per ton Fargo, $1.7O
per ton: Aberdeen and sioux Falls
s. D.. $1.9O per ton; Minneapolis ant
st. Paul, 1920 ped ton: and Dickinson
$1.5O per ton. Owing to excellen
railroad facilities, the new compan,
will form markets in the eastern anC
southern parts of the state and ii
eastern South Dakota. ..,..r...
The selling plan Of the stock i
freighted with heavy inducement. 1,
is essentially cooperative in effect
Shares are sold for 500 each, with al
eight per cent dividend. In addition
to the dividend interest, each stock
holder is entitled t o25 tons of liz
mite per year for each share held, the
price Of the fuel to be 51.5O per ton
+. o. b. mines. And one desiring t.
withdraw his interest may surrender
his certificate of stock, receiving ir
return its equivalent in Ignite at the
81 80 per ton rate. -
The personnel of the directors is as
follows: President, s. ]. Aandahl
chairman of the State Railway Com
mission; vice president. c. G Turner
treasurer Of Stark county; secretary
and treasurer, D. E. Shipley. Farm.
arS' TInion Orpa izor and lco-nrora fivl