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the ieo5 DBPOsrrs.There is supposed to bo irou euouerh tn M'm-souri to supply the whole country; iu one deposit alone there is estimated to be over 14,000,-000 tons of the ore; elsewhere 030,000,000 tons, or enough to build 2,000.000 miles of railroad. This company owa banks of iron deposits in Crawford, Phelps, Pulaski and Laclede conn-tiee.Of the banks owned by the company, two are located in Crawford, and some twelve or fifteen in Phelps connry. Furnaces (charcoal) nave been established as Moselle, Sullivan. Ieas-burg, Cuba. St. Janies, and Ozark Station. The butldmc of others is in contemplation.It might be supposed that such a quantity of ore would roudcr it almost valueless. Rut when we come to consider that there are now in active operation in St. Louis and vicinity eightcharcoal furnaces, with a capacity of 50, ono tons; seven stone and coke furnaces, produeineabout 83,000 tons of iron; two rolling-mills, with a capacity of 50,000 tons. There are more than 20 iron foundries in the city. These last employ a capital of *2,500.000, and work a force of 300men. Most of these roanuf actories have been built within the last live rears, and are being rapidly increased in number. A large portion of tlie crude Iron ro keep these furnaces at work must come in on this road.
Newspaper Details
St Louis Republican
St Louis, Missouri, US
Thu, Sep 03, 1874
Page 2
Full Page
Clipped by
Denise W.
USA 21 Jul 2022
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