There are indications that Michigan is slowly but surely taking the rank to which she is entitled in the manufacture as well as production of iron. The first shipment of pig iron of any consequence was made by the Pioneer Company in the fall of 1858. Dr. Russell, of this city, is turning out large quantities. His works went into operation about two years and a half ago, but were burned after running sixty days. They were immediately rebuilt by the enterprising proprietor. The Lake Superior iron has been proclaimed the best in the world, a proposition that none can successfully refute. Its qualities are becoming known in quarters where it would naturally be expected its superiority would be admitted reluctantly, if at all. It is now sent to New York and Ohio, and even to Pennsylvania--an agency for its sale having been established in Pittsburg. For gearing, shafting, cranks, flanges, and, we ought by all means, to add, car-wheels, no other should be used, provided it can be obtained. A large amount of capital is invested in the iron interest in Michigan, as the following figures prove: Pioneer $150,000 Jackson 300,000 Collins 150,000 Cleveland 300,000 Lake Superior and Iron Mountain R. R. Co. 700,000 Northern Michigan Iron Company 110,000 Wyandotte Rolling Mills 236,000 Eureka Iron Company 117,000 Dr. G. B. Russell's 60,000 Ford & Philbrick's Steam Forge 25,000 --------- 2,148,000