IT. 



MONISTIQTII? RIVER. 



This is a large stream with several large branches, upon which the 

 lands of the Company are located. On the Eastern branches, and on 

 the upper waters, a considerable body of excellent pine is situated, 

 which, although at present at a remote distance, may be easily 

 floated to Lake Michigan whenever the streams are cleared. Near 

 this tract of pine, and on the waters of Lake Superior is a compact 

 body of some 4,000 acres, which will be available for the Lake 

 Superior market, through the harbor of Grand Marais. 



This is a fine natural harbor, and will doubtless be improved 

 and made available for the accommodation of the shipping of 

 Lake Superior. The other lands of the company on the Monistique 

 Eiver are situated on the waters near Lake Michigan, and embrace some 

 of the best timber on the northern Peninsula. The mouth of the Monis- 

 tique has many advantages as a lumbering point. A short distance .from 

 Lake Michigan there is a natural fall or rapids, affording a superior water- 

 power, which has been improved and occupied in former years. A con- 

 siderable lumbering business was carried on here, and but for the reverses 

 of 1857, and the consequent depression in the lumber trade, this would 

 have been increased and enlarged and in successful operation at the pres- 

 ent time. • 



The natural facilities for manufacturing lumber, and the low price of 

 the large body of lands now offered for sale, offer great inducements for 

 reviving the business at this point. 



The following groups comprise all the lands of the company on the 

 Monistique and its branches, including also a few Groups near Grand 

 Marais, Lake Superior. 



No. of Group. Acres. ^Valuation 



700 760 250 



701 628 87-100.... 600 



702 560 1,300 



703 808 15-100.. 



704 360 



705 640 



706 200 



707 619 09-100. 



708 240 



709 760 



710 519 65-100. 



711 708 45-100. 



712 640 



713 440 



714 160 



715 80 



716 1,100.25-100. 



2,100 

 820 



1,300 

 600 



1,650 

 260 



1,420 

 750 



1,300 



50 



730 



110 



80 



1,470 



25,801 09-100 $25,690 

 GRAND MAEAIS. 



678 1,603 61-100.... 1,150 



679 1,040 940 



680 600 400 



681 760 500 



4,003 61-100 $2,990 



