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MARINE REVIEW. 9 lron Mining. VALUE OF LEADING STOCKS, Quoted by Chas. H. Potter & Co., No. 104 Superior St. Cleveland, O. Stocks. Par Value. i s Cleveland--Cliffs Iron Company.............. $100 00 ee prs Ciiemapion Tron Company. anccivecsccoscsese Q'S AOOMI a: ska. eek 42 50 Shrameterelton "Company s.....s.ccccecesscceece 25SEC OOH eS Ate ees: 43 50 ico EGOT. COMPANY....6..c.sccccsecscens coos Oe Mi ae ate tte Ay os aoe Lake Superior Iron Company..............04 PASC 0) RP eioe sie igh 37 0O Minnesota Iron Company........ Ressources 100 00 67 00 72 00 Pirvepureh c Lake Angeline Iron Co..... 25 00 °° cerecass 140 00 Pee LLON "COMPAN Y...0..0.ss0rsecsecvcse ees 25 00 9g 00 10 00 SMU NOME etuteks cv cicves-'sse500 cease ixsevcs cca} séecs PSP OO! Bi: Ue Nise cisrey ces Ceueprenies Prem iManeUE ty ENGCC....<cctcresscvcescnseesd esse: DEROOe ae etic cee 4 00 PGOUMET COMM... ei sveseccases Betacam ee maccn seen sce 25 00 2 00 2 50 MMPEAMIS ES Mise peene renin sess sca 0205) ilsvesdddeecisd de 25.00%r. 470 nares 2 00 PNMUINGO Teclelste isis elt ic cataPeiotin\n'sicjis «/civjrsivs ilto's vied 90 Sane DS EOO shy Oe eA es. 9g 00 Some Chicago stockholders in the Republic Iron Company, led by L. Z. Leiter, H. N. Holden, Joseph Austrian and others, and claiming to represent 25,000 shares of the stock, propose to oppose the policy of the management of the company in trying to transfer operations from the Republic mine to the Mesaba range. 'The Chicago stockholders have sent out a circular to all - stockholders of the company soliciting proxies, and propose to ask at the meeting in Cleveland .on Dec. 17 that action upon the question of a change in operations be postponed until such time as an expert can be sent to examine the Republic mine. 'They intimate that a better knowledge of the general condition of the company should be secured before the management is empow- ered to make the proposed change. It is probable that Cleve- land stockholders who have important interests in this company will await an explanation of the condition of the mine at the meeting on the 14th inst. before forming an opinion as to the best course to pursue. Mining stocks generally are very dull. There has been some trading in Brotherton at about $2.50 in an- ticipation shortly of a dividend better than 50 cents a share. The mine shipped about 140,000 tons Of ore from Ashland and 'Escanaba this year. Chandler willin all probability pay an- other regular dividend of $1 a share on Jan. 1, and Aurora is also expected to do something in the way of sharing earnings. Several analyses have been made of the cargo of ore brought by the whaleback steamer Joseph L. Colby to Philadelphia from the mines of the Sigua Iron Company, Cuba. Andrew S. Mc- Creath of Harrisburg, Pa., reported an analysis as follows: Me- tallic iron, 65.850; copper, 0.008; sulphur, 0.037; phosphorus, 0.015; alumnia, 0.081; lime, 0.0260; magnesia, 0.172; silica, 3.350 An analysis by the furnace receiving this cargo made from their own samples showed: Metallic iron, 66.61; phos- phorus, 0.010. A portion of the same cargo also went to the Midvale Steel Company who report the following as their analy- sis: Metallic iron, 67.567; phosphorus, 0.014; sulphur, 0.026; alumina, 0.709; lime, 0.620; silica, 1.400; magnesia, 0.111. A. second cargo of 2,400 tons, brought by the English steamship Torgorm, was also analyzed by Mr. McCreath of Harrisburg and showed 63.350 metallic iron and 0014 phosphorus. At Ashland, where the shipments for the season aggregated 2,227,406 gross tons, or 978,406 tons more than in 1890, the movement from the different mines was as follows: Anvill, 6,716 tons; Albany 8,171, Ashland 196,975, Aurora 295,012, Brotherton 95,132, Comet 25,420,Carey 33,766,Carey West 27,691, Campbell 8,417, Carpenter 97, Cromwell 43,016, Colby No. 2 57;- 513, Colby No. 1 6,232, Eureka 8,021, East Norrie, 17 5,0555,,.411- dreth 30,921, Iron Belt 160,618, Jack Pot 3,943, Mitchell 15,388, Montreal (south vein) 3,383, Montreal (north vein) 38,656, Norrie 423,237, Newport 94,708, Odanah 6,122, Pabst 50,495, Pearce 2,632, Palms 100,350, Rand 17,700, Sunday Lake 51,655, Section 33 (south vein) 10,430, Section 33 (north vein) 4,248, Tilden 233,- 355, Windsor 1,703. Some of the mines mentioned here have also shipped ore from Escanaba during the season. Dispatches from Milwaukee report that Ferdinand Schles-. inger has secured control of another good iron mine, the Aragon, Menominee range. Angus Smith of Milwaukee has ie in charge of the property since it was opened under a a ve years ago. The product for three years has averaged above 150,000 tons. It is understood that Mr. Schlesinger and his as- sociates have sub-leased the mine with an understanding that a small portion of the price of the lease will be paid in cash and the balance come out of the product. At its Barnum mine the Cleveland-Cliffs will carry over about 80,000 tons of ore in stock. Evidently the hard ore mines have received a severe set-back this season. Managers of Cleveland- Cliffs are also talking of purchasing machinery for crushing the ore. An aggregate output for the season of 353,142 gross tons is credited to the different mines of the Penn Iron Company, Menominee range, while the Aragon mine of the same range has shipped 166,000 tons.. Shipments of the different mines by lake from Escanaba, ac- cording to a report furnished from the dock office at that port, are as follows: LAKE SUPERIOR MINES. Gross Tons. Gross Tons. Gross Tons. Angeline .. 69, 222|Foster...... 3,850|Republic... 8,544 Barnum.... . ' 4,045|Jackson.... 92,465|Salisbury.. 156,407 Bunaloe...2 25, onromlicn: .. 7,250\Superior.... 265,951 Gamibria ... 30, 1d0/Pucys...-. 13,109| Volunteer . 52,929 Champion. 836) Marquette. 6,103, Winthrop.. 63,034 , Cheshines 29,403) Negaunee.. 16,520 Northwest. 1,687 Cleveland... 161,416|/New York. [aly 226) Clit sShatt = 28. Ooaielath. sane: 2;6070|-- hOtal..+.. lL. 00;Ale Hast Ne. Vasu 30;986 GOGEBIC MINES. Gross Tons.| Gross Tons. Gross Tons. Brotherton 14,541|Newpott... 9,9632\/Sun. Lake. 2,615 Careyee re. AS Sed NNOnGlen oc Me a4 517 751 \V IC SOiee Tas Comet. 4,799|Odanah..... 579 WAWAS:s. 2. 20,910 Pabsteessc 54,578) . Lotal....:2 570,951 Cloves aac 1,594 ; MENOMINEE RIVER MINES. Gross Tons. Gross Tons. Gross Tons. Appleton... 4,376|Florence... 48,246)|Millie....... 6,780 ATAS Ouse. = w241os) blemloek 44,648] Norway.... 44,849 Chapiter. 008,245 lODG...:..:- 15,543|P'nt River 18,390 Ohenyave yx 2,844 Iron River I 7 OWPGrMNS cet toes Claire nie 4) 7352 Medlakece. 5,997|Pewabic.... 57,682 Com'n'w'h 239,859|Lamont.... 38,998|Shafer...... 45,008 diyss eer 1,02n Lincoln 55. 25,904|\Sheridan... 260,272 Cyclops 47,020|Mansfield... 65,742 Dunes. .-% 133,135 Mastodon.. 7,394| Lotal.... 2,407,507, Gt. West'n 87,487 ; RECAPITULATION. Gross Tons. Taker Si peblOl: Miles sccm te cay. n ee met 1,390,442 GOR CDIC MIMS ur: ere csc cic the ae ene 510,951 Nene minee hwy Cl mitts. ayecce aren aaa 2,107,507 Grand: Lotaleied crite: Setters 4,008,900 In General. _ Ann Arbor No. 2 was launched from Craig's Toledo yard Wednesday and will be fitted out atonce. The freight passing through the Sault canal during the sea- son ending Dec. 7, amounted to 11,241,000 tons, an increase of 2,325,000 tons over last season. It is claimed that B. B. Inman, Duluth tug owner, will have a steel tug built by the American Steel Barge Company. Her engines will be 24 by 28 inches. Plans for a twin screw steel steamer and for five light-ships, three of the latter for the lakes, are now being prepared by the - light-house board. Lake builders will very probably get the | greater portion if not all of this work. A rudder stock and rudder forged in one piece and a stern , post and shoe also forged in a single piece of steel were recently delivered at Chicago and will be exhibited at the fair. 'They are from the works of the Krupps in Germany. In view of the advantages to be derived in the matter of in- surance from classification under the rules of the American Ship- masters' Association, F. W. Wheeler & Co. will make alterations during the coming winter in the steel steamer W. H. Gilbert, so as to have the boat class with other steel steamers now being built by that company.