The inside history of the Carnegie Steel Company, a romance of millions . nesota Iron Co., properties, that are this year,under their system of mining and expenses, producing ores at aprofit. In addition to this, as showing their standing in the trade, they have!been allotted, on thebasis of last yearsshipments, over 50^of the Gogebic out-put, and over 25^^of the total, in aiool of 4,250,000tons, comprising allthe Bessemer ores(including Chapin)produced* in theNorthwest, except-ing only ores fromthe Mesaba am not ignor-ing the strong posi-tion we hold on the Mesaba Range. With two exce
The inside history of the Carnegie Steel Company, a romance of millions . nesota Iron Co., properties, that are this year,under their system of mining and expenses, producing ores at aprofit. In addition to this, as showing their standing in the trade, they have!been allotted, on thebasis of last yearsshipments, over 50^of the Gogebic out-put, and over 25^^of the total, in aiool of 4,250,000tons, comprising allthe Bessemer ores(including Chapin)produced* in theNorthwest, except-ing only ores fromthe Mesaba am not ignor-ing the strong posi-tion we hold on the Mesaba Range. With two exceptions,we possess the only steam shovel mines and the low cost ofthis ore is extremely gratifying. More Mesaba ore can beused in our mixtures, but it is not a wise policy to quickly ex-haust the rich quarry we have on the Mesaba Range, takingoff rapidly the surface ore. Although we are mining it atpresent for less than five cents per ton for labor, we mustlook to the future, when we will have to go deeper, pumpwater and lift the ore. We should rather prolong the period. A BUCYRUS SHOVEL AT WORK. Five cents a ton for labor.
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Keywords: ., bookcentury1900, bookdecade1900, bookidinsidehistor, bookyear1903
