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 .^ 
 
 1> 
 
 » .' .». 
 
 ••? .• «• 
 
 ^ 
 
 or THB 
 
 PIGTOU; 
 
 CHARCOAL IRON 00. 
 
 (x^acxTss.) 
 
 first Issue of $50,000 8 fer Cent. Preferred Stock. 
 
 600 SHARES AT ^00 EACH. 
 
 ^.'^'ViliSiiBSJR,, 1)301. 
 
 A .^ 
 
 
PiMt iMue of $6(^000 elffht pep cent. Pi>efePPed st««ir 
 
 napy shapes, as ^psffapds Dividend, and bMomi^ti 
 cumulative a«ep July let, 18M. ""* 
 
 Any of the Directors of this Company is authorized to re- 
 ceive applications for the . Preferred Stock, such appli- 
 cation to be made on the annexed form, and accompanied by a 
 deposit of lo per cent of the amount applied for. 
 
 Future calls will be made at such times as the Directors 
 may deem proper; but in all cases not less than 21 days previous 
 notice shall be given to fhe Shareholders of a call having been 
 made, and no instalment shall exceed $10 per share. 
 
PICTOU CHARCOAL IRON COiPANY, 
 
 LIMITED. 
 
 >ed Stock 
 NY, Lfd, 
 the opdi- 
 Moomlnir 
 
 ized to re- 
 ich appli- 
 nied by a 
 
 Directors 
 3 previous 
 ving been 
 
 Incorporated by Royal Letters Patent under the Nova Scotia 
 Joint Stock Companies' Act, in 1 891. 
 
 CAPITAL STOCK, - $200,000, 
 
 i>ivn)i:D INTO 
 
 1000 Ordinary Shares of - - - 
 
 -AND 
 
 1000 Prefeivntial Shares of 
 
 $100 each, 
 $100 each. 
 
 DIRECTORS : • 
 
 Wm. B. Moore, - Fuel Inspector I. C. R., New Glas<,ro\v, X. S. 
 Alfri:d Makkiiam, - Manager "Daily Sun," St. John, N. B. 
 J. N. W. WixsLOW, - - - - Barrister, Woodstock, N. B. 
 D. R. Grant, - Station Agent I. C. R., New Glasgow, X. S. 
 Ernst A. Sjostedt, - Chemist and Metallurgical Engineer. 
 
 President: 
 
 Secretary and Treasurer: 
 
 General Manager : 
 
 - W. B. Moore, 
 
 D. R. Grant, 
 
 Ernst A. Sjostedt. 
 
 Offices: New Glasgow and Bridgeville, N. S. 
 
The Pictou Charcoal Iron Company (Limited) has been incor- 
 porated by Royal Letters Patent under the Nova Scotia Joint Stock 
 Corajjanies' Act, for the purpose of manufacturing charcoal pig iron, on 
 the East River of Pictou, Pictou County, Nova Scotia, and to transact 
 any otljer business in connection with, and incidental to, such manu- 
 facture. 
 
 The organizers have subscribed to all the ordinary stock, part of 
 the proceeds of which has been used in purchasing the following rights 
 and properties, and the balance to be expended at once towards the 
 erection of a blast furnace, with all necessary buildings and machinery, 
 on their property at Bridgeville, Pictou County, N. S. 
 
 In order to provide funds to further carry out the objects of the 
 Company, $50,000 of the 8 per cent, preferred stock, in 500 shares of 
 $100 each, are hereby offered for subscription ; which will leave $50,000 
 of capital still unissued and available for the future. 
 
 Ore.— The Company now control a very large and valuable deposit 
 of the highest grade of brown hematite on the Grant farm, at Bridge- 
 ville ; also other valuable ore deposits in the near vicinity. 
 
 Limestone and Manganese Ore for Fluxes are also found on the 
 Grant farm and neighborhood in abundance. 
 
 Wood, for charcoal manufacture, is owned by the Company, over 
 3500 acres of heavy old-growth hardwood land, within 15 miles of the 
 furnace site, having been bought ; besides which the country, all 
 along the East River Railway and the L C. R., is heavily wooded, and 
 this wood can also be obtained at low cost for charcoal manufacture. 
 
 Furnace Site has been bought, comprising 11 J acres, on the 
 Grant farm, and immediately on the new line of railroad being built 
 by the New Glasgow Iron, Coal & Railway Company, as also on the 
 projected Nova Scotia Midland Railway from New Glasgow to the 
 Atlantic. 
 
 All further information is given in the annexed Report of the 
 Company's manager, in which the advantages and prospects of the 
 enterprise are fully set out: — 
 
18 been incor- 
 Joint Stock 
 1 pig iron, on 
 id to transact 
 >, such manu- 
 
 stock, part of 
 lowing rights 
 i towards the 
 d machinery, 
 
 bjects of the 
 )00 shares of 
 3ave $50,000 
 
 lable deposit 
 n, at Bridge- 
 found on the 
 
 iipany, over 
 miles of the 
 country, all 
 wooded, and 
 lufacture. 
 ires, on the 
 being built 
 also on the 
 igow to the 
 
 sport of the 
 ects oj' the 
 
 IlEI^OK.T 
 
 ON TUB 
 
 y\dvantages of ]\Ianufacturing Charcoal fig Iron, 
 
 ON THE EAST RIVER OP PIOTOU. PIOTOU OO.. N. S.. 
 
 BY ERNST A. SJOSTEDT, 
 
 CHBMICAL AND MeTALLUROICML KNaiNEKR, 
 
 The total amount of manufactured cast and wrought iron consumed 
 in the Dominion of Canada iu 1889 has been estimated to be about 
 250,000 tons, including 117,212 gross tons of imported steel rails. In 
 order to supply this demand about 75,000 tons of pig iron were used, 
 of which about 50,000 tons were imported; and in 1888 only 18,191 
 tons of pig iron were produced in the country. 
 
 Surprise is often expressed that with its mineral wealth, and with 
 this large demand for iron, Canada has produced so little (if this im- 
 portant metal ; but an examination of the records shows that a largo 
 amount of money has been expended for the development of its iron 
 resources, which as a rule has given unsatisfactory returns. Such a 
 history has naturally a demoralizing effect umou investors, who see re- 
 sults only and fail to seek for causes.* 
 
 In a paper by J. H. Bartlett of Montreal, at the Halifax meeting 
 of the Am. Institute of Mining Engineers, the various attempts to 
 manufacture iron in Canada were reviewed, and the possibility of 
 achieving success strongly presented. Mr. Bartlett justly claims that 
 much of the discredit which has come upon investments in the produc- 
 tion or manufacture of iron in the Dominion is due to the facility with 
 which money was i)laced in so-called " improved processes," heralded as 
 short cuts to metallurgical success.* " A variety of experiments have 
 been made, which are counted as failures in the iron manufacture, 
 bringing unwarranted discredit upon the industry. The ex[)erimtnts in 
 many cases were costly, and were undertaken by patentees of all kinds, 
 of no standing or experience in the trade." 
 
 * John Birkinbine, Engineer, Sec'y U. S. Ass'n. of Charcoal Iron Workere. VicJo Trans. Am. 
 Inst, of Mining Engineers, Vol. XII. 
 
It IS (Mily witliin til.' If.st (I.MwI.- tlmt iron roc.'ivp.l any protoctioii 
 from 1 1... Ihmmunu (;ov..in,n..nt, wl.i.-l. prot.rtinn n.n..imt...l t.. l.ut 
 9-.<»0 per ton until Jnly 1st, 1H83, when » spi-eiul bounty of $\M imm- 
 ton tor non nm.lc in tlio Dominion from C.inacla ores was «rant<d l.v 
 t ... (.ov,.rnm.-nt, an.l wl.id. Lounty now is reducd to .*1.(J0 p.-r toil. 
 Jint in l.s.s/ tl.r.lntyon pijr iron imported into this country was in- 
 cr.ast.(l to i<[m per n.^t ton, and a law was passed tliisyear at Ottawn 
 to in.-ivase t un,on„s for iivo y,,ars to 8±00 per net ton to take eirect 
 o my l>st, I N.>^. i 1,0 dom 'Stic metal, therefore, will be protected to the 
 amount ot .^(> per net ton, or )c!0.72 per ;;ross ton. 
 
 Coke iron is at present made only l,y thfl Londonderry Iron Co.. 
 at Londonderry, N.S.; but two other companies are forme.l at New 
 (.ias^ow (the New (Jlas-ow Iron Coal .;• Hv. Co., and tl.(. N. S. Midland 
 Uy.\- Iron ((>.). with a vi.'w of buil.lini.' railroads to the East iJiv.-r of 
 lietou ore beds, ami to erect coke funiaces-in c.msequence of which 
 tiK' market for this kind of iron .soon will be sui»pli«.d. 
 
 Charcoal iron, too, is made in Canada in only one place, and this 
 on a linuted scale (namely by .Mcl)ou;,'all .t Co. at'Dr.iinmondsville, P. 
 J^.); "nditisestimat..dthat l.'i.OOO tons of this «rade were imported 
 Jast year. Ihe -reatest part of this importation was us.hI in the man- 
 utacture of car whcls, for which, as is known, only a specially stron- 
 and superior iron will be accepted ; and owing to the very extensive 
 railroad .systems now con.ph,ted and under construction in this vast 
 country, (at present indudin- ever 10,000 miles,) it is evident that the 
 demand for this special grad<. of iron is on the increase, and no doubt 
 will soon assume important proportions.* 
 
 At pmsent the iron needed in the manufacture of car wheels is 
 imported from the Unite,! States, and the present prices paid for the 
 best grade m St. John, for instance, by the J. Harris .fc Co (car build- 
 ers) IS as high as ^30, depending partly on the long haul from the fur- 
 naces partly also on the increased duty imposed on pig iron imported 
 into the Dominion (as stated above.) 
 
 Now the (p.estion naturally arises : why cannot this deHciency be 
 made up heiv and the iron manufactured at home? or which is equiva- 
 lent, is there here any place, near lines of transportation, where the 
 three essential factors of an industry of this kind are present in sutK- 
 ciently large quantities to guarantee a successful and continuous busi- 
 ness ? 
 
 The "three things needed "for the profitable production of char- 
 coal iron are— 1st, rich and pure ores, 
 2nd, suitabfejluxes, and 
 3rd, p/enftj of hard wood. 
 
 In order to ascertain the.se facts quite an extensive prospectin<^ 
 tour was made, last summer, by the writer, during which all the known 
 iron ore deposits m Nova Scotia and New Brunswick were examined 
 
II y pro toe t ion 
 
 UlltlMl to llllt 
 
 of «!l.r)OiM'i- 
 IS ynintcd hy 
 'l.(K) |M-r ton. 
 intry was in- 
 iir iit • )tt(i\vt» 
 to taker circct 
 •tccteil to tlie 
 
 n-y Iron Co., 
 in»;(l at Nt-w 
 . S. Midliin.l 
 last llivtT of 
 ite of which 
 
 \ce, anil this 
 )nilsviii(>, P, 
 're imported 
 in th(> nian- 
 •ially strong 
 y extensive 
 n this vast 
 nt tliat the 
 id no doubt 
 
 ir wlioels is 
 >aid for the 
 (car Iniild- 
 oui tiie fur- 
 in imported 
 
 eficiency be 
 1 is e(piiva- 
 where the 
 lit in surti- 
 iiuous busi- 
 
 n of char- 
 
 )rospecting 
 tiie icnown 
 examined 
 
 e U. S., with a 
 f iron (incliul- 
 
 ftnd analysis made from the samj>leH collected, and the n'sults of said 
 investiu'ation go to prove that (although several other important <le- 
 posits were met with) no ])lac«* can in every and all respects show si\ch 
 nilvantages for a charcoal iron industry, on a large scale, as the locality 
 along the East River of Pictou, in Pictou County, Nova Scotia. 
 
 Here, begiiniing at Springville (about 10 miles S. of New (Jlasirow) 
 and foiiosving the line of junction of the Upper Silurian strata, and the 
 liower Carboniferous Limestones, close to and parallel with the Kast 
 Uranch of Kivst River, for a distance of six miles, to Sunny Ibae, we 
 find outcrops of deposits of rich hroini /letii'fifr.^ (linionites), in places 
 several hundred feet wide, and of a depth of a few to a couple of hun- 
 dred feet, and only interrupted here and tiiertr by deposits of a n\ore or 
 less pure limestone, and beds of ankerite. And beini; on a hillside, at 
 an elevation above? the valley below of u few hundred feet, the minii'.g 
 is renilered especially easy. Several prospecting shafts have here been 
 sunk, in one place to a depth of "JOO to ."iOO f<'et in the ore, and a truly 
 wonderful outcrop is seen on the Grant farm at Bridgeville, and at 
 Black Rock, near Suiniy Rrae. 
 
 The ores are compact and fibrous, ami the several analysis hereby 
 annexed prove them to be of exceptional richness, and .some of them 
 also of great purity ; 
 
 Larue 
 averntfe, ' By 
 
 h^v ^ Huxli-.v. 
 K.Oil|iiii| 
 
 Silica ! 3 00 
 
 AIniiiinii | Trace. 
 
 ]{ini)](iile <it' .Miin>;aii( /.!■ | Trace. 
 
 Lime 
 
 Miisjn'jhia 
 
 Water 
 
 Metiillic iron 
 
 Sulphur 
 
 Pli(is|>ii(>ruH , 
 
 4.25 
 71 
 20 
 
 .50! 
 
 Sto' 
 
 f)5 54 
 Praco. 
 Trace. 
 
 13.W) 
 
 ,1 ■ -3 
 
 .07 
 
 Wm. I New Ifirmit's 
 Ilrodks, (iliis;;(>\V' Ori', 
 (Mci'iil- Still li.v i;. A 
 
 It'll.) I Uo. iSjikMiedt 
 
 6.SS 
 L02 
 .0- , 
 
 .;nj 
 
 .05'. 
 
 9.4»i) 
 
 57.7 r 
 
 .(5i 
 
 .431 
 
 3.40! 
 L42! 
 
 2.25 
 
 .29' 
 
 10.52 
 
 58 38 
 
 .01 
 
 .15 
 
 mio 
 
 (JO.Sti 
 .Oii 
 .27 
 
 Beginning at Sunny Brae, on the south side of tlie river, and tak- 
 ing a nearly easterly course, we now encounter an equally remarkable 
 body of ore, extending nearly continually over seven miles in length, 
 also over an elevated ground (on what is known as the Weaver and 
 Watson properties), and showing a mineral belt of about 100 feet wide 
 carrying several veins of upecular ore, from a foot to 15 feet thick. It 
 is of a compact and foliated character, and of a remarkable richness, as 
 will be seen from the following published analysis : — 
 
 Weaver Ore. Wat.son. 
 
 rnsoluble matter 3.89 3.20 3.40 
 
 Metallic Iron 64.41 68.33 65 60 
 
 Sulphur 10 Trace .68 
 
 Phosphorous 035 None Trace 
 
These oie depoHits hpoiii to liiive lorg been known, and wero de- 
 Htrihcd in an fxliaustive pa|M'r l»y Mines InH|M'ctor (iilpin, presented to 
 the Am. InHt. of Mining,' KngineerH at tlieir Cluittiinoo>;a nieetiiij; (May 
 iHHn). Hut owing to tlio absence* of railroads out to the above de- 
 Koribed ore beds, no exteiiHive niininj,' hiiH been done, and tlu-He inex- 
 hauHtil)Io deposits of vabiablo ores ure practically untouched at this 
 present date. The Kast River Railway, and the projected Nova Scotia 
 Midland railroad, from New (ila8<,'ow to Sunny Uiae, and to be ex- 
 tended out to the Atlantic coast, will not only make the ores accessible, 
 liowever, but also bo the means of easily bringing the ditPerent raw 
 materials to a manufacturing centre, and furnish an outlet for the 
 n)anufHctured iron, both East and West, out to the Intercolonial system 
 of railways, and to deep water harbors at New Glasgow and on the 
 Atlantic. 
 
 As ior fluxes, we have, as already indicated, several large bodies of 
 limestone and ankerite, inteisecting the ore beds, and well adapted for 
 furnace use. Thes-, too, have been described by Mines Inspector (Jil- 
 l»in (see Trans. Roy. Soc. Canada, 1886). The following table will 
 suttico to give an intelligent idea of the comjwsition and value of some 
 of the more important ones : — 
 
 8iiica 
 
 Alumina 
 
 Carb. Lime 
 
 " Magnesia. 
 
 •' Iron 
 
 Miinganese 
 
 Hiilpliiir 
 
 Pho.^piiorons. . . . 
 
 Water 
 
 Metallic Iron.. . 
 
 CO 
 
 i» 68 
 
 7) 
 > 
 W 
 
 8 44 
 
 85.77 
 3.56 
 1.17 
 
 .63 
 .167 
 
 5a 
 
 2.10 
 .12 
 
 2.45 
 .59 
 66 
 Trace 
 .013 
 .18 
 
 1,99 
 
 .10 
 
 fl6.26 
 
 2.33 
 
 .57 
 
 .65 
 
 Trace 
 
 .013 
 
 •17 
 
 % 
 
 CO 
 
 209 
 
 52 
 
 90.66 
 
 2.36 
 
 2.28 
 
 ":42 
 .056 
 l.ll 
 
 1 o 
 if ^ 
 
 3 H= S- 
 
 1.8tt 
 
 .51 
 
 91.50 
 
 .46 
 
 2.28 
 
 Trace 
 
 .62 
 
 .087 
 
 1.25 
 
 3.08 
 
 58.77 
 9.89 
 
 26.81 
 
 1.26 
 
 .12 
 
 .i2 
 
 ■s 
 
 R 
 
 7!" ^ 
 
 3. t- 
 
 > 
 a 
 
 3. 
 if 
 
 I. .,7 
 
 53.69 
 
 21.48 
 
 .70 
 
 11.32 
 
 } 8.30 
 
 55.28 
 
 10 15 
 
 1.50 
 
 17 
 
 17 
 
 None. 
 
 ii64 
 
 The fuel necessary for the industry in question being charcoal, we 
 will now consider what materials we have at hand to manufacture it of. 
 The county of Piotou is literally covered with hard wood forests, and 
 cord wood for charcoal making could, therefore, be delivered at the 
 track of the Intercolonial Railway, and the East River Railway, at a 
 very low price, (it having no commercial value here outside of "fire 
 wood"); besides which the N. S. Midland Ry., when completed, will 
 make acce.ssible and useful thousands of acres of old growth hard wood, 
 (black birch, beech and maple, chat measure up to two fuet and over in 
 diameter,) and which would yield a cheap and very strong charcoal. 
 Outside of the wood and charcoal, (in event of extra fuel being required 
 for melting and producing gas, in a future extension of the works for 
 
 ti 
 
 <t 
 
 ii 
 
 <i 
 <i 
 << 
 II 
 
 II 
 
and wero de- 
 pn)8ent«!<l to 
 K'eting (May 
 he al)ov«! «le- 
 
 L'lied at tlii3 
 Nova Scotia 
 mil to Ijo <>x- 
 f*H acccssihle, 
 Utrfrpnt raw 
 itlot for the 
 onial HyHtein 
 ' hikI on the 
 
 •ge hodius of 
 ada|)ted for 
 ispector (iil- 
 g table will 
 ,lue of Home 
 
 s 
 
 Ankerite. 
 
 JNGVILLE. 
 
 Ankerite. 
 
 I .« 
 
 1 8.30 
 
 53,{;9 
 
 65.28 
 
 21.48 
 
 10 15 
 
 .70 
 
 1.50 
 
 . * • . 
 
 17 
 
 t • * > 
 
 17 
 
 .... 
 
 None. 
 
 11.32 
 
 ii64 
 
 ;harcoal, we 
 acture it of. 
 forests, and 
 ered at the 
 ailway, at a 
 tie of "fire 
 ipleted, will 
 hard wood, 
 and over in 
 g charcoal, 
 ng required 
 3 works for 
 
 car wheel making, etc.,) we have here, at onr very door, the jiroducing 
 coal tieldH which make a good coke and good fuel gas. 
 
 Thus, we have here, at the Kast River of Pictou, a variety of rich 
 and pure ores, in clone proximity to a nuiiiher of good lime stone beds 
 — both ofleringHpeclal advantages for cheap mining— and, inside of i.'j 
 miles, thousands of acres of oM-growth hardwood for charcoal making. 
 Add to this the vicinity of the active coal mines, the abundanct* of 
 water supply from the brooks an<l the river, and tlie exceptional facili- 
 ties for transportation (after the completion of the New Glasgow Iron. 
 Coal it Ry. Co.'s Railway, and the N. 8. Midland Ry. now under con- 
 struction) — and we have every and all of the conditions required for 
 an industry of tliis kind on a large and protitable scale. 
 
 With a view of establishing a chiircoal iron plant in the heart of 
 this mineral centre sutficient hardwood land has been bought, mining 
 rights for ore and lime rock secured, and a suitable site for the furnace 
 plant purchased at Bridgeville. 
 
 Locating the works here, the furnace materials would cost, deliv- 
 ered at the furnace, about as follows : — 
 
 One ton of ore, mining expenses 
 " " " royalty 
 
 " " " roasting and lo.ss 
 
 *' " " freight to furnace 
 
 Total cost per ton ore at the furnace 
 
 One cord of wood, cutting, - - 
 
 stum page 
 hauling to carbonization works 
 
 (I 
 
 II 
 
 It 
 
 II 
 
 Total cost per cord, delivered at Ry. track - 
 On the basis of 45 bushels of charcoal to the cord of wood, 
 
 $1.00 
 .25 
 .30 
 .25 
 
 $1.80 
 
 ^afl5 
 
 .10 
 .75 
 
 $1.50 
 
 One bushel charcoal will cost, for wood, 
 
 carbonization. 
 
 II 
 
 CI 
 
 li 
 II 
 
 II 
 11 
 II 
 11 
 
 II 
 II 
 II 
 II 
 
 II 
 II 
 II 
 
 CI 
 
 II 
 II 
 II 
 II 
 
 loading on cars, 
 freight to furnace, 
 interest and depreciation on 
 plant, 
 " " " waste and breakage, 
 
 Total cost per bushel of charcoal at furnace. 
 
 3.3 cts. 
 
 1.0 
 
 II 
 
 0.2 
 
 II 
 
 0.5 
 
 II 
 
 0.1 
 
 II 
 
 0.2 
 
 II 
 
 The lime 
 
 rock should not 
 
 exceed. 
 
 for 
 
 • mining, 
 
 per 
 
 ton. 
 
 II 
 
 II 
 
 II II 
 
 II 
 
 II 
 
 II 
 
 royalty 
 
 II 
 
 II 
 
 II 
 
 II 
 
 II (1 
 
 II 
 
 II 
 
 II 
 
 freight 
 
 II 
 
 II 
 
 Total cost per ton lime rock delivered at furnace, 
 
 5.3 cts. 
 
 $0.40 
 .10 
 .25 
 
 $0.75 
 
8 
 
 Aiifl, altlioii]Li;li tlio ores in qupstioii .show a yit-ld of iifarly (10% 
 iiK'tallie iron in tlu'ir raw state, and nftcr loastin-i wouldirain altout 
 )^V more, and tlius would lio likely to av(Tfi-r«. tVonr oO/^ to ().">% in the 
 lilust fin luu'f, \v(. will in uur estiinati', in order to lie on tlu^ saVe side, 
 oidy eount on r)0%. For the same r.ason we will also l>ase onr cost of 
 eharcoal at ^)J} cents per Itnshel. 
 
 The cost of producing,' one ton of pig iron here (in a G,000 tons 
 furnace) would he as follows :— 
 
 2 tons of r)07, ore; Qi !«;1.80 
 
 110 hushels of chaivoiil, (rt T).;") cts., 
 
 ] ton of lin)e stone, ^/ 7;') cti^;., 
 
 Lalmr at f\i»'nance, - - - 
 
 Furnace running expenses, --.... 
 
 Repairs, ------.... 
 
 tUlice and superinten<lence, 
 
 Incidentals and depreciation of plant, .... 
 
 G.Of) 
 .1!) 
 
 1.2'} 
 .25 
 .50 
 
 1.00 
 .41 
 
 Total cost }»er ton pig iron, 
 
 Estimated selling price delivered, - 
 Cost of nnnuifacture, 
 Allow for sales and los.s, 
 
 " " freight, - - - . 
 
 Total t:ost ilelivered. 
 Less (Jovernment l>onus, 
 
 Net cost per ton, - . . . 
 or a prolit, per ton, of - - - 
 
 * 13.1' .5 
 
 825.00 
 
 ei3.25 
 
 .(iO 
 2.40 
 
 #16.25 
 2.24 
 
 2.24 
 
 #14.01 811.01 
 
 10.1^9 $25.00 
 
 With a profit of 810.00, and an output at the furnace of only 
 ;),000 tons per annum (less than 15 tons per dav) the annual gain 
 would bo 850,000.00. * . / 
 
 A well etjuipped Wast furnace plant of 25 tons daily capacity (sav 
 8,000 tons annually) would cost about 880,000.00 ; and the amount of 
 capital recjuired for its erection and running would be about 8100,000.00 
 exclusive of ground, mining rights and hardwood land. 
 
 Woodstock, N. 11, Dec, 1890. 
 
 Ernst A. Sjostedt, 
 
 E. M. 
 
iifarly (tO'V 
 
 j;aiu aliout 
 
 > <);")/ ill the 
 
 lio s;itV side, 
 
 LI our cost of 
 
 a G,000 tons 
 
 8;VG0 
 
 G.O") 
 
 .19 
 
 i.i»r) 
 
 .25 
 
 ..'iO 
 
 1.00 
 
 .41 
 
 25.00 
 
 •2.24 
 
 811.01 
 
 5.00 
 
 ace of only 
 Liinual gain 
 
 ipacity (say 
 
 amount of 
 
 ?100,000.00 
 
 STEDT, 
 
 E. M. 
 
 APPENDIX I. 
 
 ABSTRACTS FROM THE NEW GLAS(}OW IRON, COAL AND RAILWAY CO.'s 
 
 REPORT ON THE EAST RIVER ORES, AND RE<JARI)IN(i THE 
 
 " GRANT FARM MINE," (LEASED BY THE WRITER). 
 
 (1) 
 
 " The Grant farm has the best display of solid limonite of any 
 portion of the contact ; on the top of the hill 15 feet soli'' ire limonite, 
 that is 58 per cent, metallic was opened so solid and pure u^ ^o need blast- 
 ing, requiring no preparation whatever for the furnace. This ore was 
 worked by an open cut Below this again a tunnel 60 feet in length 
 is driven to the vein which opens out 5 feet at once, showing much the 
 same character of ore. At the foot of the hill a tunnel has been com- 
 menced and the ground ojjened out 200 feet, the last 30 feet being in 
 the ore ; this can be used for an adit level, and there will be upward 
 of 300 feet on the incline below outcrop. Much importance must be 
 atki,ched to this properti/. The lump ore is used in rolling mill for 
 fettling purposes. 
 
 " After a full and careful examination of the difierent properties 
 made on the ground, and a minute inspection of the whole field, I am 
 fully persuaded that nowhere in the world are there better facilities for 
 the production of iron than on the East River, Pictou, N. S , and that 
 nowhere on the American Continent can iron be produced at so low a 
 cost. 
 
 " The Canadian market offers an opening unknown elsewhere : a 
 largely increasing consumption, a handsome bonus given on every ton 
 of ore produced, by a most liberal government, are certainly unusual 
 financial inducements. 
 
 G. F. Rendall, M. E. 
 
 New York, Sept. 25, 1890. 
 
 (2) 
 
 • Hematite from Grant's farm : 
 
 
 Silicious matter. 
 
 5.8^< 
 
 Metallic Iron, 
 
 56,57 
 
 Phosphorous 
 
 Sulphur, 
 
 Water, 
 
 .213 
 .096 
 10.90 
 
10 
 
 ditio^'Sr'jSa^' o^^lfr ZT-'rr^'- ^"^- -*-- con- 
 foundry purposes, the lis, .o o !!• 'T*-^^',^^^'- ^^^ ^^^^^^ for 
 tendency to Lke' the i on flow i « J ^f^^ T ^^«*'""* «f it« 
 
 Alabama foundry iron carriesTbou 4^ T°" '^' ''"""••• The best 
 
 the pig iron fronf the Uran^oVe wC.ld fosse's ' ^'''^^P'— ' J-* like 
 
 th:/;;.^'r::f^ rift tr/^Tir'^ r '^ '- •-- 
 
 United States, or in fact better In^'A ■ * '^ southern j.art of the 
 bed. V-'-»y bematilrdVosit ;/a^^^^ '' -presents a so W 
 
 knowledge goes. ^ ^ ^^'^^ ^^ *he world, as far as our 
 
 Philadelphia, Pa., Nov., 1890 ^^^'V Schwartz, 
 
 ' '°''"- Engineers and Chemists. 
 
 • 
 
 APPENDIX ir. 
 
 « OU/mv, Jr., CMe/-I,„i,ecfor of Uiv^, S. & ■_ 
 
 oco„;i;^Tattlp^t "X'iTs tZZ'l/T Y '»" "- ""- 
 duction of pig iron and the innn J "^ ^ ^''^'^ *° *''« economical pro- 
 
 its -nversL^into'^nVftZ^nrrand'sS^^^^^^ -"P^^"'" 
 
 and (^itsSitt -r^S'rS" 1 "^^^'^ ^" *^« «"-- 
 
 existed to stimulate search, it must be adn^'^.T?^^ ^^^' ^"'^ ^' :^et 
 Intherto made, almost exc usivX of naf.^; '^^' '^^ discoveries 
 promise." (1885) ^ "*^"^*^ exposure, are of good 
 
 band;^SX;ro:;'r^tdti^c: fT';^- ^;^ ^— ^-egular 
 s at several places doseTo the iron or" The\-^." ?'!i ^'^^^ ^^^ ^^ 
 ly very pure and uniform in quS Th7 '^'^.'^^^t^eds are frequent- 
 feet, and are often continuol^ t Tonglrc^' " (ISr "'*' '' 
 
 Scotia capital is more readiVturn^to W, ^. ^"8"\^he work, Nova 
 ventures, and such an invXtmlnf.!? ^""«^' ^'^'"« and shipping 
 Of the Dominion." (1885) " '^^^^^'' ^^l"*"^ foreign to the r^f 
 
 U 
 
11 
 
 certain con- 
 i others for 
 Jount of its 
 • The l)est 
 '8, just like 
 
 / far better 
 rmrt of the 
 Bnts a solid 
 ' far as our 
 
 Chemists. 
 
 IE BEDS. 
 
 le fluxes 
 ical pro- 
 jpied in 
 
 Dr. Harrison of the Geological Survey, wrote in 1874 :— 
 
 " It is to be hoped also that something will soon be done towards 
 developing the valuable deposits of iron ore in Pictou County. Here 
 the ores are abundant and of varied character, tliey are near to the 
 Pictou coal fields, whence coal suitable for the manufacture of coko 
 nould be obtained from a number of the mines now in active operation. 
 Limestone suitable for a flux occurs abundantly in the valley of the 
 East River, the provincial railway passes through the coal fields and 
 withm a few miles of the ore deposits, and the harbor of Pictou afTords 
 an excellent port of shipment during six months of the year." 
 
 /-?***! ^' ^' ^''5'«». in his report on the Pictou coal and ore fields of 
 the Geological Survey of the Dominion of Canada for 1867-69, writes 
 of the IVaser area : — 
 
 Numerous boulders of a very pure variety of limonite have been 
 tound in the vicinity of Springville on the East River, but so far as I 
 can learn, the ore had not been found in place until Oct. 15th, 1868, 
 when a bed was discovered on James Eraser's land, about l| miles 
 above Springville, by Mr. A. P. Ross of Pictou and myself. The only 
 exploration we were enabled to make was a shallow pit, sunk in a few 
 hours by one man, but this was sufficient to explore a mass eight feet 
 in thickness of a pure limonite of the mammillary, stalactities and fib- 
 rous variety. The bottom of the bed was not exposed ; it was hidden 
 by a high drift bank ; neither was the deposit traced for any distance 
 on the strike. Should it prove to be a persistent bed, it would be a 
 most valuable deposit, as the ore is one of the purest known. No sub- 
 stance, save the pure mineral, was discovered in the bed, the roof 
 appearing well defined:— 
 
 Metallic iron, 59.46 % ; Combined water, 15.43 ; Silica, 0.41%. 
 
 m\ 
 
 Silurian 
 I as yet 
 overies 
 f good 
 
 regular 
 
 •iver it 
 
 quent- 
 
 to75 
 
 smelt" 
 Nova 
 pping 
 e rest 
 
 I! 
 

 m 
 
 if 
 

 I' 
 
 (S^^^^G^artep JVlcn^bei^," 
 
 Ernst A. Sjostedt, 
 Will B. Moore, 
 Alfred Markham, 
 J. R W. W1N8LOW, 
 Daniel R. Grant. 
 
 J- T. A. DiBBLEE, 
 
 Abthdr F. Garden, 
 J Albert Grant, - 
 James W. Grant, 
 Daniel McDearmid, 
 JofiN McDonald, 
 John McGiLLivRAr, 
 Daniel McGregor, 
 j. forster, 
 A. J. Markham, - 
 
 New Glasgow, N. 
 New Glasgow, N. 
 St. John, N. 
 Woodstock, N. _ 
 New Glasgow, N. sl 
 Woodstock, N. B. 
 - Woodstock, N, B. 
 Bridgeville, N. B. 
 ' Bridgoville, N. S. 
 New Glasgow, N. S. 
 New Glasgow, N, 8. 
 New Glasgow, N. a 
 New Glasgow, N. S. 
 Dorchester, N. B. 
 - St. John, N. B. 
 
/w 
 
 PRINTED AT TMC STtAM JOB ROOMS Of THt OAILV SUN, CANTtRBURV STRftT, ST JOHN, N. B 
 
 'V 
 
 f