, 1878-09-14
THE CITY
GOLD .scoLD!!

pRospEcToRs STRIKE $40 PER DAY
THIRTY MILES FROM sNoHoMIsH
CITY. GRAND RUSH TO THE DIG
GINS.
For some months past parties
have been prospecting along and
near the Skykomish river, be-
lieving that there were valuable
diggings somewhere in that To-
cality. At one time digging pay
ing two or three dollars per day
were discovered, and some of
the prospectors were content to
work there several months, but
others were not so easily salts
fed, and continued their search
for the hidden treasures they
were quite sure would reward
their perseverance.
And now the report comes
from Snehomish City that these
fortune-seekers have been re-
warded, in finding diggings about
80 miles from Snohomish City,
in the river bed, that pay $50
per day to the man, using only
pans in cleaning. The discover
ers, Messrs. Barrett Il Co., went
to Snohomish City and recorded
their claims.
The citizens of that little city
were so electrified by the news
of the discoverers, that report
says many of the prominent men
of the city left their business
and proceeded at once to the
diggings to locate claims.
Our informant, who arrived in
this city last night from the
Skagit on the Fanny Lake, says
the news was brought to La
Conner from Snohomish City by
gentlemen who are perfectly re-
liable, and the report is believed
at La Conner.
If the report is not exaggera-
ted, and the miners are sctually
taking out $50 per day to the
man with no mining machinery,
this will doubtless prove one Of
the best paying mines on the
coast.
The steamer Fanny Lake left
for Snohomish City at noon to-
day, and on her return to-mor-
row we will doubtless learn the
full particulars of this new and
wonderful discovery. In the
meantime a number of persons
are preparing to visit the mines
from this city if the good news
is confirmed.
NEEDED.--There are many
persons in this Puget Sound
country who have small amounts
OF money they are desirous of
ioaning on good security, but
the amounts are too small in
many cases to loan singly. To
remedy this Messrs. Macintosh
d Reeves have organized the
Seattle Loan and Savings agency.
These gentlemen will receive
money in sums of S. and up
wards, which will be loaned on
note and mortgage for the bene-
fit of the parties on whose &C
count the loans are made, upon
approved Real Estate unencum-
bered by any prior mortgage,
Judgment or lien. When the
amount required on loan ex-
ceeds the sum Of money on hand
belonging to any one individual,
q number Of deposits will be put
together to make up the required
amount, and the note and mort
gage taken for all parties interes-
ted, specifying the share or in
terest of each in the same. No
loan shall be made until it be
shown tnat the applicant has a
perfect title, and all the forms
and requirements Of law are
complete in conveying the prop
c.ty as security. The set of
books for conducting this bust
uess are complete, and enable
each depositor to tell atany time
what disposition has been made
Ui his money. Depositors can
or.,w their money at any time
iy transferring their interests in
mortgages to other depositors.
LOST IN THE FoG.-Yesterday
morning three young men ofthis
e.sy took row boat and went
cut ON the bay TO troll for sal
mon. They rowed about in the
bay for some time, unable to see
1ne shore, and at last found
themselves at the head Of the
bay, near Duwamish river. The