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Quincy Mining Company Collection

 Collection — Multiple Containers
Identifier: MS-001

Collection Scope and Content Summary

Collection, 1848-1988, of the Quincy Mining Company of Hancock, Michigan. Documents the development of the company from its humble start in 1846 through the cessation of underground mining in 1931 and the sale and disbursement of its Michigan properties in the 1970s and 1980s. Includes corporate records, administrative correspondence, financial and legal documentation, employment and medical records, property and miners’ housing records, as well as operational records from the company’s underground, surface, stamp mill, reclamation, railroad, and smelting operations. Also includes records of several mining companies related to the Quincy Mining Company which operated in Houghton, Ontonagon, and Keweenaw Counties and on Isle Royale.

Arranged in 8 series: 1. Corporate Records, 1848-1970. 2. Correspondence, 1872-1986. 3. Financial Records, 1852-1988. 4. Operational Records, 1860-1971. 5. Other Related Companies' Records, 1859-1988. 6. Employment and Medical Records, 1851-1988. 7. Property, Dwelling and Rent Records, 1859-1988. 8. Municipal Records (now part of State Archives Collection), 1867-1978.

Dates

  • 1848-1988

Creator

Access

Available for use in the Michigan Technological University Archives and Copper Country Historical Collections.

Biography

The Quincy Mining Company was founded in 1846 to mine native copper deposits on property near Hancock, Michigan. During the course of the next one hundred and fifty years, the company produced 1.5 billion pounds of refined copper and issued $30 million in shareholder dividends. Its ability to consistently produce copper and stock dividends garnered it the nickname “Old Reliable” and spread its fame throughout the mining world. Before closing on May 6, 1967, the Quincy reclamation plant recovered nearly one hundred million pounds of refined copper during its twenty-two years of operation. The Quincy smelting works continued scrap and custom work until the end of 1970. Although the company held the belief that copper prices might allow a profitable return to underground mining, and carried out exploratory work from time to time in the 1970’s and 1980’s, the mine has never reopened. Quincy stock ceased to be publicly traded in 1981 and the company has not been required to publish annual reports since that time. Various parts of the company’s Michigan property were sold or transferred to local entities (including the MTU Ventures Group and the Quincy Mine Hoist Association, a non-profit organization created to preserve and interpret Quincy’s history and the No. 2 Nordberg mine hoist). The Quincy Mining Company continued as a property investment corporation with offices on Madison Avenue and property holdings in the New York city area.

Extent

435 Cubic Feet (910 boxes)

Language of Materials

English

Abstract

Collection, 1848-1988, of the Quincy Mining Company of Hancock, Michigan. Documents the development of the company from its humble start in 1846 through the cessation of underground mining in 1931 and the sale and disbursement of its Michigan properties in the 1970s and 1980s. Includes corporate records, administrative correspondence, financial and legal documentation, employment and medical records, property and miners’ housing records, as well as operational records from the company’s underground, surface, stamp mill, reclamation, railroad, and smelting operations. Also includes records of several mining companies related to the Quincy Mining Company which operated in Houghton, Ontonagon, and Keweenaw Counties and on Isle Royale.

Resources available

Bio and vertical files exist. Electronic records include on-line finding aid (http://www.lib.mtu.edu/mtuarchives/ms001/ms001-contents.aspx) and s drive finding aid (S:\Archive\Private\Collections & Guides\Finding Aids to specific collections\ms001 Quincy). Donor files provide descriptions, accessions, etc. Access database provides location and extent.

Processing History

Elizabeth Russell, 2/12/2010

Creator

Title
Quincy Mining Company Collection
Author
Elizabeth Russell
Date
2/12/2010
Description rules
Describing Archives: A Content Standard
Language of description
Undetermined
Script of description
Code for undetermined script
Language of description note
English

Repository Details

Part of the Michigan Technological University Archives and Copper Country Historical Collections Repository

Contact:
1400 Townsend Drive
Houghton 49931 U.S.A. US