Page images
PDF
EPUB

EXHIBIT $-30 Total ore reserves Jan. 1, 1943, by classes of ore and location of reserves as to carriers

(In thousands of tons)

[blocks in formation]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]

Argonne Ore Co..

560

102
206
252 560

102 206 252
Butler Bros...

29, 2022, 470 3,274 19, 306 4, 152 27, 989 2,426 2,450 19, 282 3, 831 30 30
Charleston Iron Mining Co.
7, 625 6, 120 1,500

1, 183 14 824 24
5

321
5

5
Cleveland Cliffs Iron Co.

7,620 6,120
19, 176

1, 500
303 976 15,063 2,834 18, 326 303
Coates & Tweed..

126 15, 063 2, 834
115

850
115

850
115

115
Coons, E. W., Co..

141
9 108 24

141

9
Evergreen Mines Co.

108 24
27, 882 2,087| 10, 945 10, 231 4, 619 9, 606 798 2, 129 5,550 1,129 2, 378 598
Hanna, The M. A., Co.

1, 780

15, 707 691 7,035 4, 491 3, 490 91, 542 23,796 38, 990 16, 677| 12,079 64, 474 15,097 23, 373 13, 925 12,079 13, 155 Hedman, Carl, & Co.

7,609 5,546 8 8

13, 913 1,090 10,071 2,752

8 8
Inland Steel Co.
11, 885 948 10, 937

6, 580 497 6,083
International Harvester Co-
9, 407)

5, 305
100 3,955 2, 264 3,088 9, 407)

451 4,854

100
Inter-State Iron Oo.

3, 955 2, 264 3,088
35, 422 15, 310 8,000 9,305
Moore & Crago

2, 757 25, 796 10, 242 3,442 9,355 2,757

9,626 5,068 4,558
65
5
60

65
Mooro, C. W., Mining Co.

5

60
168 68

100
North Range Mining Co.

168 68
5, 469 1, 868 3, 601

1001
784

784
Oglebay, Norton & Co.

4, 685
1,868

2, 817
5, 135

5, 135
Oliver Iron Mining Co.

5, 135

5, 135
Pickands Mathor & Co.
644, 166 429, 827 183, 126 23,762 7, 451

644, 166 429, 827 183, 126 23, 762 7,451
Quinn, C. K., & Co.

118, 629 69, 119 36, 701 10,772 2,037 73, 238 36, 845 28,095 7,205 1,093 30, 016 23,098 6, 824 48
2, 293
2, 293

45 15,375 9,176 1,782 3,519
2, 293

898
Remington-Carwin Co.

2, 293
12
2
101
12 2

101
Republic Steel Corp..

11, 4681 4, 453 6,505 347 163 11,340 4,325
Snyder Mining Co.

6, 505

347) 163 128 128 15, 359 5, 755 7, 889 369 1, 346 Wheeling Steel Corp1, 155

15, 359 5, 755 7, 889 899 256) 899 899

369 1,346
256

256
Total operating companies... 1,036, 884 563, 147 322,000 108, 666 43,071 251, 432 71, 542 77,046 73, 325 29, 519 732, 928 480, 183 219, 539 24, 363 8, 842 52, 333 11, 422 25, 41610, 786 4,709

[graphic]

Total ore reserves Jan. 1, 1943, by classes of ore and location of reserves as to carriers—Continued

(In thousands of tons]

[blocks in formation]
[ocr errors]
[ocr errors]
[ocr errors]

FEE AND LEASEHOLD ORGANIZA

TIONS (PROPERTIES NOT UNDER

LEASE TO OPERATING COMPANIES)
Blue Earth Land Co.

4, 445

4, 445
Douglas, Robinson et al.

4, 445
3, 427
3, 427

4, 445
Ford Motor Co..

3,427

3, 427
1, 803

836
967 1, 803

836

967
Great Northern Ore Properties et al. 33, 361 3, 275 21, 867 485 7,734 33, 361 3, 275 21, 867 485 7,734
Mesabi Mineral Association et al. 8,000

8,000

7, 795 7,795

205

205
Northern Pacific Railway Co...

806) 76 342 388

336 336

470 76

6 388
Robinson-Flinn et al.

1, 094 4591 301
334

1,094 459 Sargent Land Co.

301

334
1, 050

873
177 1, 050

873

177 State of Minnesota 17, 098 2, 348 13, 520 5101 720 12, 893 1,782 9,880 510 720 3, 843 565 3, 278

363

363
Miscellaneous.----
22, 350 801 17, 249 4,300 10,502 6, 416 4,086

5,633 34 5, 485 114

6, 212 765 5, 346 101
Total fee and leasehold 93, 434 6,959 70,860 5,683 9. 932 67, 741 5,057| 48,005 5,081 9,598 14,672 1, 134 12, 702 502 334/11, 020 765 10, 154 101
Less 1943 shipments..

69, 751 49, 695 4,822 14, 963 271 24, 059 11, 245
Total Minnesota Jan. 1, 1943. 1, 130, 318 570, 106 392, 860 114, 349 53,003 319, 173 76,599 125, 050 78, 407 39, 117 747, 600 481, 317 232, 241 24, 865 9, 177 63, 353 12, 187 35, 570 10,887 4,709

992 11, 822 42, 626 37, 369 3,329 1,778
Less 1944 shipments..
66,586 47, 574 3, 983) 14, 847

150 3,066 1,081 501 1, 363 121
182 22,677 10, 547 815 11, 315 41, 371 35, 800 2,879 2, 523 169 2, 538 968 379 1,178 13
Remaining balance.
993, 981 472, 837 384, 055 84, 539 52, 550 272, 437|54, 807 123, 243 55, 27039

, 117 663, 603 408, 148 226, 033 20,564 8, 858 57, 749/10, 138 34, 690 8, 3464,575
NOTE.- Reserve tonnages are calculated from the tonnages shown by the department of
taxation for May 1, 1942, adjusted for the amount of ore shipped from May 1 to Dec. 31,

taconite or other low-grade material not carried on the tax records at the present time 1942; figures include ore in ground and in stockpile. These tonnages constitute proved

(May 1, 1942). Source of information Minnesota Mines Experimental Station. Jan. ore only and do not include the tonnages of concentrate that may be produced from the

1, 1943, reserves have been adjusted for 1943 and 1944 shipments.

[graphic]
[graphic]

EXHIBIT S-31

Summary of reserve tonnages, and calculated life based on 1942 shipments, 'otal Minnesota

[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]

Reserves

, Jan.

1 , 1943

Company

0.P.
direct

Total

U. G.
direct

trate

(1)

(3)

429, 800
48, 700
23, 800
15, 300
2, 500
2, 100

300
5, 800
1,000
4, 400

100
6, 100
1, 900

183,100 23,800
57, 100

Oliver Iron Mining Co.
Pickands, Mather & Co.
Hanna, M. A. Co.
Inter-State Iron Co.
Butler Bros
Evergreen Mines Co.
Cleveland-Cliffs Iron Co
Snyder Mining Co..
Inland Steel Co.
Republic Steel Corp
International Harvester Co.
Charleston Iron Mining Co
North Range Mining Co.
Oglebay, Norton & Co
Quinn, C. K., & Co.
Wheeling Steel Corp-
Misc. Operating Co.

Total operating Companies
Fee and leasehold.

Total Minnesota
Less 1943 shipments..
Less 1944 shipments.

Balance

644, 200
118, 600
91, 500
35, 400
29, 200
27, 900
19, 200
15, 400
11, 900
11, 400
9, 400
7, 600

500
5, 100
2, 300
1, 200

1, 100
1,036, 900

93, 400
1, 130, 300

69, 751
66, 586
993, 963

900
100

300
200

542, 800

6, 900

549, 700
49, 695
47, 574
452, 431

1 Reserve tonnage are allocated to the various companies in accordance with the owner-
ship or the controlling leasehold or fee interest as of May 1, 1943, as shown in the 1943
Mining Directory of Minnesota Miscellaneous operating companies include Argonne
Ore Co., F. Christofferson, Coates & Tweed, E. W. Coons & Co., Carl Hedman & Co.,
Moore & Crago, C. W. Moore Mining Co., Remington-Carwin Co., and Rockwell &
Strand. The tonnages shown under fee and leasehold interests consist of the tonnages of
reserve ore on properties that were not under lease on May 1, 1943.

? Reserve tonnages are calculated from the tonnages shown by the department of taxa-
tion for May 1, 1942, adjusted for the amount of ore shipped from May i to Dec. 31, 1942;
figures include ore in ground and in stock pile. These tonnages constitute proved ore
only, and do not include the tonnages of concentrates that may be produced from the

taconite or other low-grade nate (a) not carried on the tax records at the present time.
The classification of tonnag ss taken from the records of the department of taxation, as of
May 1, 1942. The tonnage figures shown for concentrates refer not to the tonnages of the
crude ore, but to the estimated onnage of oncentrates to be produced from the crude ore.

3 Ore mined by milling is included in )pen pit direct ore. Ore that has been merely
crushed and screened is included in the lirect shipping ore.

* No calculated liia is sh )wn where the shi ment iseither negligible or none.
Nore.–Estimated life based on annual hipments of 60,000,000 tons and omitting Oliver
reserves approximately 5.82 years.

[graphic]

EXHIBIT S-32 Minnesota iron ore statisticstons mined, transportation charges, Lake Erie base price, value at mines, Cuyuna, Mesabi, and Vermilion Range

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

. 55 .635

1.00 1.00 1.00 1.00 . 91 91 91 91

$0.50

.60
1. 10
1. 10

.90
1. 20

94
83
93

$0.05

05
05
04
.05
05
05
05
05
05
05

83

.05

. 91 . 91

05 05 05 05

83

$1. 10 1. 20 1. 785 2. 15 1.95 2. 25 1. 99 1. 79 1. 89 1.79 1. 79 1.79 1. 79 1. 79 1. 79 1.79 1.79 1. 86 1. 86 1. 79 1. 90 1.89 1. 89 1. 91 1. 91 1.81 1. 88 1. 91 1.91 1. 91 1.91

$2. 80 3. 55 5. 05 5. 65 5. 55 6. 55 5. 55 5. 05 5. 55 4. 75 4. 25 4. 25 4. 25 4, 25 4. 50 4. 50 4. 50 4. 50 4. 50 4, 50 4. 50 4. 50 4. 95 4. 95 4. 95 4. 45 4. 45 4. 45 4. 45 4. 45 4. 55

$1. 70 2. 35 3. 265 3. 50 3. 60 4. 30 3. 56 3. 26 3. 66 2. 96 2. 46 2. 46 2. 46 2. 46 2. 71 2. 71 2. 71 2. 64 2. 64 2. 71 2. 60 2. 61 3. 06 3. 04 3.04 2. 64 2. 57 2. 54 2. 4842 2. 4842 2. 5842

1. 672 2.315 13. 215 13. 444 13. 515 14. 235 13. 501 3. 210 3. 605 2.913 2. 418 2. 418 2. 418 2. 418 2. 665 2. 665 2. 665 2. 595 2. 595 2. 665 2. 555 2. 565 3. 011 2. 991 2. 991 3 2. 596 32. 525 3 2.495 32, 440 32, 440 3 2. 539

1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945

[blocks in formation]

.0558 .0558 .0558

Shipment

tons

Effective date

of rato

ICC authority

Rail and

dock charges

Vessel and
unloading

Interest
and in-
surance

Total
transpor-
tation and
handling

Transpor-
tation tax,
3 percent

Lake Erie base price

per ton M.N.B.

Mine value Gross value with deof ore at

duction mine 1 percent

shrinkage

Year

Year

June

1, 1915

A-3,984.

$0.55

July 27, 1917
June 25, 1918

A-395
A-4,639.

June 19, 1922

A-5,621.

1915.
1916.
1917.
1918
1919.
1920
1921.
1922
1923.
1924.
1925
1926
1927.
1928
1929
1930.
1931.
1932.
1933
1934.
1935.
1936.
1937
1938.
1939.
1910.
1911.
1912
1913.
1944.
1945.

32, 618, 653
46, 189, 617
45, 393, 882
44,068, 870
34, 791, 866
40, 346, 956
17, 708, 789
30, 772, 162
45, 305, 647
31, 589, 464
38, 811, 968
41, 919, 575
36, 504, 854
39, 167, 842
47, 478, 167
34, 881, 010
17, 309, 211

2, 250, 200
14, 953, 168
15, 967, 819
20, 533, 117
33, 781, 763
49,052, 096
14, 815, 811
33,022, 890
48, 919, 322
64,060, 726
75, 299, 667
69, 971, 276
66, 586, 264
62, 831, 000

.91
91
91

Jan.

4, 1932

Em. Chargo...
Em. Charge...

Apr. 18, 1935 Em. Charge...
July 1, 1936

Em. Charge...
Mar. 28, 1938 A-7,617...

Total
31-year everage

1,195, 963, 652

38, 579, 473

1 Average 3.585.

Average 2.499.

Prior to 1938 information taken from Lake Superior Iron Ore publication of 1938. 1. Yearly ore shipments, p. 300; 2. Base price of ore at lower lakes, p. 322; 3, Railroad rates, p. 323; 4. Lake rates, p. 324. Subsequent to 1938, shipments, transportation costs, Lake Erio base prices, taken from Mining Directory of Minnesota. 1944, Great Northern Tariff, 259-9.ICO A-8121.

EXHIBIT S-33 Lake Superior iron ore shipments total shipments and Minnesota shipments by ranges and beneficiated ores

[blocks in formation]

1921.
1922.
1923.
1924.
1925.
1926.
1927
1928
1929
1930..
1931.
1932.
1933.
1934,
1935
1936..
1937.
1938
1939
19.10.
1941.
1942.
1943.
1944.

22, 798, 728 5,089, 939 17, 708, 789 3,060, 881
44,001, 066 13, 228, 904 30, 772, 162 5,016, 782
60, 771, 348 15, 465, 701 45, 305, 647 7,612, 458
43,896, 318 12, 306,854 31, 589, 464 5,331, 284
55, 534, 812 16, 692, 844 38,841, 968 6, 567, 133
59, 970, 009 18, 050, 434 41, 919, 575 5, 557, 875
52, 344, 099 15, 839, 245 36,504, 854 5,072, 685
54, 855, 641 15, 687, 799 39, 167, 842 5,841, 075
66, 157, 359 18,679, 192 47, 478, 167 6, 566, 269
47, 187, 661 12, 306, 651 34,881, 010 6,339, 600
23,496, 228 6, 187,017 17, 309, 211 3,696, 189

3,588, 608 1, 338, 408 2, 250, 200 292, 458
21,672, 410 6, 719, 242 14, 953, 168 3, 134, 657
22,063, 824 6,096, 005 15, 967,819 3, 440, 041
28, 502, 606 7, 970, 384 20, 532, 222 5, 153, 574
45, 251, 250 11, 421, 909 33, 829, 341 7, 764, 501
63, 219, 208 14,058, 144 49, 161, 064 9, 692,091
19, 549, 909 4, 734, 098 14, 815, 811 2, 826, 444
45, 436, 667 12, 413, 777 33,022, 890 6, 221, 363
63, 948, 846 14, 999, 524 48, 919, 322 9, 207, 681
80, 747,859 16, 687, 133 64,060, 726 '14, 713, 346
93,008, 726 17, 709, 059 175, 299, 667 1 17, 965, 216
85, 962, 168 15, 990, 892 169, 971, 276 115, 454, 110

81, 857, 005 15, 270, 741 166, 586, 264 15, 028, 856
1, 185, 822, 355 294, 943, 896 890,878, 459 171, 556, 578
100
24.87

75. 13

17.3
16.3
16.8
16.9
16.9
13.3
13.9
14.9
13.8
18. 2
21.4
13.0
21.0
21.5
25.1
23.0
19.7
19.1
18.8
18.8
23.0
23.9
22.1
22.6

489, 500
1, 496, 356
2, 220, 733
1, 469, 054
1, 514, 053
2,082, 689
1,981, 501
2,097, 716
2, 596, 186
1, 929, 189
898, 090

98, 737
741, 139
532, 571

798, 481
1,305, 439
1, 775, 445

581, 823

290, 673
1, 734, 176
2, 441, 042
3,035, 532
3,065, 555
2, 538, 492

5, 586
420, 479
336, 557
383, 635
265, 136
318, 782
304, 635
574, 062
616, 983
500,043
238, 449

15, 009
307, 337
368, 265
563, 756
709, 472
992, 005
151, 568
647, 146

772, 517
1, 165, 858
1, 420, 478
1, 484, 155
1, 191, 061

1.14
28. 10
15. 16
26. 11
17.51
15. 31
15.37
27.37
23. 76
25. 92
26.55
15, 20
41. 47
69. 1
70.60
54.35
55. 87
26.05
50.14
44. 55
47. 76
46. 50
48. 41
46.92

16, 349, 935
28, 064, 247
41, 806, 230
29, 142, 247
35, 890, 174
38, 250, 856
32, 975, 506
35, 398, 660
43,008, 239
31,067, 292
15, 270, 411

1,934, 719
13, 471, 625
14, 650, 099
18, 876, 642
31, 459, 429
45, 932, 539
13, 304, 036
30, 314, 857
45, 667, 677
59,772, 543
70, 280, 087
64, 906, 280
62, 509, 212

3,055, 295
4, 596, 303
7, 275, 881
4, 947, 649
6,301, 997
5, 239, 093
4, 768, 050
5, 267, 013
5, 949, 286
5, 839, 557
3, 457, 740

277, 449
2,827, 320
3,071, 776
4, 589, 818
7,055, 029
8, 700, 086
2,674, 876
5, 574, 217
8, 360, 738
13, 453, 105
16, 438, 527
13, 749, 528
13, 837, 808

18. 69
16.38
17. 40
16.98
17. 56
13. 70
14. 46
14.89
13.83
18. SO
22. 64
14. 34
20.99
20.97
24. 31
22, 43
18. 94
20. 11
18. 39
18.31
22. 51
23. 39
21. 18
22. 14

869,354
1, 211, 559
1, 278, 684

978, 163
1,437, 741
1, 586, 030
1, 547, 847
1,671, 466
1,873, 742
1,884, 529
1, 140, 710

216, 744
740, 404
785, 149

857, 099
1,064, 473
1, 453, 080

929, 952
1, 417,360
1, 547, 469
1,847, 094
1, 924, 877
1, 779, 014
1, 538, 560

74, 426
94, 336
47, 040

0
0

Total.
Percent..

[blocks in formation]

1 Includes shipments from Fillmore County, Minn.-47 tons in 1941, 59,171 tons in 1942, and 220,427 tons in 1943. Authority: Taken from records compiled by Mines Experimental Station and Lake Superior Iron Ore Association.

« PreviousContinue »