The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1922-10-20

ming and is keeping up with the
wire mill as capacity is gradually
increased. The rod mill is designed
to roll 10000 tons Of rods per
month. The Minnesota Steel Co.
has two 400-ton blast furnaces. 10
open hearth furnaces and go coke
ovens, in addition to other equip
ment.
Number of holders Of United
States Steel common stock at clos
ing of books for the September
dividend was 96,307, decrease in
past 8 months of 3,205 and reduc-
ton of I1,132 from the record Of
1O7,4S9 last December. Preferred
stockholders at closing of the books
for the August dividend numbered
80,391, against 81,446 in May, ST.
865 in February, and 1881 in
November, 1921.
Minnesota state officials have
filed with the United States SUI
preme court motion to advance
for early argument the appeal of
the iron mining companies OF this
state from the decision of L. s. Dis
trict Judge Johnson in sustaining
the tonnage tax law. Technically
speaking it is the occupational tax
law, but the word occupational was
employed by the legislature to get
away from the discredited tonnage
tax law. The motion for early
argument sets forth that the Min
nesota legislature will meet Jan. /,
1923, and it is important that the
validity of the new law be deter
mined before that time. The argu-
ments will be heard on Nov. 13,
the date having been advanced as
per request of the state officials.
Vermilion Mining Co., operating
the Zenith iron mine, Vermilion
range, has been permitted by the
Interstate Commerce Commission to
intervene and become a party to
the controversy entitled Jones &
Laughlin Ore Co., ct al versus Di-
rector General as Agent Of the C..
M. & st. P. Ry., ct al. The action
is better known as the Locomotive
Spotting Charge case. While the
railroads were under federal con-
troll there was a period when a
charge of $3.50 an hour was made
shovels loading ore. Lake Superior
iron mining companies seek to have
such moneys rebated.--Skilhng's
Review.
The steamer Central West cleared
the local harbor on Saturday with
FIVE thousand six hundred tons Of
EF'sabi Sinter ore, the first to be
sh pped from the workings of the
Transformation plant at Rabbit.
The cargo is consigned to the Ford
motor works at Detroit, Mich,
where it will be tried out in the
manufacture of Ford cars. This Is
the first cargo to go out by the
water route, although it has been
shipped for more than year by
rail to various firms for expert
mentation.-Two Harbors Journal
1t is said there is no instrument
that you can use to discover gold
supposed to have been buried in an
iron pot or steel safety box. The
so-called "dip needle" has been used
with success in prospecting over
large areas for iron ore bodies, but
this instrument would not indicate
the presence of a single pot or yes
sci in a particular spot; neither |,
there any instrument that would in
F! dictate the presence of gold ant
silver or their ores. Iron sttract!
the needle" but gold and silver
however attractive to man, are not
magnetic.
Mesabi sinter, the product of the
new concentrating plant of thu
| Mesabi Iron Co., at Rabbit, MINI.
is meeting the guaranteed analyses
as estimated before the plant went
into operation, according to report.
to Clement X. Quinn & Co. from
lower lake chemists. The materia
carries about $40 iron natural
80 silica and .028 PHOSPHORUS.
Plans are being perfected 70,
sinking a working, shaft at the Sec.
| ton 80 mine east of here. Ralph
st, Clair is how in charge of the
mine and has shipped out during
the past months about 100000 tons
of silicious ore from several stock.
piles. About fifty men are EN-.
ployed and large warehouse is be.
ing erected.
The building at the Zenith mine
to house the machine, blacksmith
and carpenter shop, master mech.