Title: | Henry Fisher, [England?], to Charles Bischoff Esq., [England?] |
---|---|
ID | 1042 |
Collection | Irish Emigration Database |
File | Fisher, Henry/43 |
Year | 1858 |
Sender | Fisher, Henry |
Sender Gender | male |
Sender Occupation | works at Marssnoia Iron Company |
Sender Religion | unknown |
Origin | England |
Destination | Wigan, near Manchester, England |
Recipient | Bischoff, Charles |
Recipient Gender | male |
Relationship | employee-boss? |
Source | D2433/B/20/42: Deposited by the Trustees of the Caledon Estate. |
Archive | The Public Record Office, Northern Ireland |
Doc. No. | 9601144 |
Date | 12/08/1858 |
Partial Date | |
Doc. Type | LET |
Log | Document added by LT, 11:01:96. |
Word Count | 671 |
Genre | |
Note | |
Transcript | Upholland near Wigan 12th August 1858 Charles Bischoff Esq Dear Sir, From a careful examination of the Marssnoia Iron Company's property I believe the following is nearly its present and future position namely There has been expended by the present 48000 Company To which add 20,000 acres of land 2000 Government Grant @ 1/6 and costs 6d =2t..................... Expenditure Sterling 50000 The present value of the property if the works are continued is estimated for:- The Iron works consisting of plant and 13000 coHages 3000 acres of land part of which is cleared and uponwhich the works and coHages are 1125 checked including also the Town lots of Marssnoia @ 7/6............................................. The Ore beds.................................. The Water Privilege........................... 20000 acres of land cost 2t say worth 4/6.4500 Present Value 18625 But this value depends upon xiuning [examining or using?] a sufficient and continuous supply of superior ore - That a first clafs [class?] ore is in existence there is no doubt the great-ore-bed which has hitherto been relied upon is not available it not being adapted for the manufacture of iron unlefs [unless?] it improve on the deep which would be too expensive to explore. Good ore however exists in the following places namely. At Sandy Hill from which several hundred tons have been got and a very superior pig-iron produced a specimen of which I forwarded to England last June - but the extent of ore a capability of minning [mining?] is not known - In Mc Collonn's [McCollon?], but neither the extent nor capability is known. I here found a deposit of ore which is in all probability of a good steel quality - it worked well in the forge fire and forge without any trace of sulphur - This also requires following up. At Parker's Point in Lot 6 Concefsion [Concession?] 1st Marssnoia. The above are on the Company's land and are capable of being hunspoiled to the works at no heavy expense - Also the March Ore purchased by W. Bell for the Company. The magnetic-black-oxide here proved good in W. Hay's time but workings on the deep must be made in cider to get clear of the sulphur. Here is also a quantity of good Bog-ore - But the extent of neither is yet known. Afsuming [Assuming?] that the exploration for ore has proved favourable then the works may be carried with a reasonable expectation of a handsome profit. It is believed that the cost of explorations to find sufficient ore for the works would not exceed 500 but say 1000. I have not the slightest doubt but the result of these explorations will much more than pay itself being confident of finding sufficient ore to carry on the works for a number of years and if my expectations are realized in perpetuity. I should advise that one blast furance only be put into work at the first. To carry on the works with 12 months floating capital will cost for Repairs of one blast furnace and erection of new gust and saw mills........................4000 For 12 months floating capital............8750 Purchase of 20000 acres Government Grant @ 2t. ..............................................2000 Exploring the ore.........................1000 Stg [sterling?] 15750 And the yearly produce may be presumed to be 1500 tons produce of one blast furnace only pig iron @ [at?] /S/ [$?] 8 profit......12000 200 tons casting @ /S/ [$?] 30.......6000 Rent of 25 Cottages and Hotel.........968 Profits on the Company's slice.......3000 d" Guest Mill.............700 Profits on the saw mill...............700 Land pasture..........................300 /S/ [$?] 23668 ore Sterling @ 8% 4930 16/8 In addition to the above localities for ore I may add the Hamatile (of excellent quality) close to the works now drowned out with a pofsibility [possibility?] of reopening - Also as worthy of search the ore on Lot 10 Concefsion [concession?] 1st. Belmont quite close to the boundary of the Company's land in Marssnoia - I am Yours very respectfully Henry Fisher N.B. If two blasts furnaces were at work the profit would be nearly doubled 9000 but the produce of three furnaces would be too great at present. |