{"newspaper_name": "The New York herald.", "edition": "01", "page": "p1", "byline": ""}
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DETROIT, Nov. %, ls45.


Progress Of the Copper Mining Speculation


The Herald contained statement short time ago,
with regard to the copper mining business OF Lake su.
perior, which may create wrong impression on those
who unacquanted with the facts That article said
that operations had ceased and those who had in
vested money in the business would probably be losers
by it. II is true that there is much doing now as
during the summer and for the that
has closed for the season; and consequently men and
materials cannot be sent up hereafter until spring; but
there are number of companies actively engaged,
whose operations will be carried vigorously in de-
veopiug the of the mines during the winter
Among these the Lake Superior and the Pittsburgh
Companies, both of which have already sent down
large quantity OF orethe Mackinac and Lake Superior
the Eagle Harbor and the Nor.h American To-
cations of the above companies in the vicinity Of
Copper Harbor except the Mackinac and LAX. Supe
rior which has about twenty miles of locations in the
Porcupne Mountains. and at Presque Isle and Back
Rivers, in the immediate vicinity of the Lake containing
numerous veins OF copper and silver.


In addition to the above, there other companies
preparing to commence operations early in the spring
of which the New York and Michigan the National, the
North Western the Baltimore the Old Settlers and the
Ontanagon, are prominent. All the companies named
are OF the most substantial character with sufficient
means to carry on the business properly and having
persevering and energetic men at their heads.


The discovery Of tins valuable mineral district is not
thing though it is but few years that
and richness have been known; but recently the
United States has obtained the land from the Indians
that the difficulties in the way Of working veins
obvated, the time must arrive when will be
enabled to export "copper" instead OF importing about
millions worth year. Under these circumstances
cannot perceive how money will be lost by investing in
the copper business In England the work
with great profit, though at immense expense from the
necessity working the mines fifteen hundred feet be
low the surface while the Lake Superior comes
up to the surface nea the lake and presents every
cessary facility for the business besides The reports
which have been presented to the legislature of Mich
gon, by Dr. Houghton, the State Geoiogis shows that
contage of copper and of better quality than that of
England and is fully equal in richness to any the
world