The Bryan daily eagle. (Bryan, Tex.) 1895-1898, 1896-09-20

ptllutali cducali0nal mercantile, Wnal- /
Ing. h5hing or mining Industries Of |
Alaska. then Juneau has no right 20 tAe |
title Of n.etropolls In everyone OF
these particulars u has second or
th!rd-rate standing. In lssO gold was
discovered at the mouth OF a email
creek back Of the present site Of the
city Notwithstanding tho fact that
hundreds OF claims were noon located
and a half dozen mines are now In OPP
Grafton along this stream. II requires
only hity-nys stamps to pulyerlzo all
the rock mined. and the magnitude OF
the operations has never yet justified
the erection Of smelling or chl1rlnation
works. From fr0t TO last these mines
have proved a disappointment
Aeros0 the Gastinoaux channel. some
Eve miles away from juneau. prospoe-
tors struck pay dirt" on the southern
end OF Douglas Island. This was In
1882, two years after the discovery OF
gold at juneau. Peter Erusaard. or
French Pete" worked his way up the
bank and discovered a ledge OF quartz
containing traces OF gold. This he con-
| fidored OF little value. as Il could only
be operated by machinery much more
extensive than his pick. shovel and
washing pan. lie therefore went back
10 the beach and continued to Dig In
the loose gravel A shrewd prospector.
John Trcadwell by name. came along.
heard OF Pc o's End. examined Il on the
Ny. and struck bargain with the orig
inal diseoysrer for $500. This was the
FIRST sale Of o claim tina, has since be-
come on Of the richest mining proper
ties IN the word. II was anotacr sale
Of Paradise Lost French Pete" was
the Milton Of Douglas Island. 1t "a
long way from il0O 10 $4,000. 900. but
that distance has been covered In four
teen years cince John Treadgcll ac-
quired the property. With this change
Of ownership the name OF the ledge
ehanfc Ter T-ePa.il" % The Tread
we'll"
rfcadw,ll at oace trganlz,i a e3m-
rany and proceeded 10 Dig a prospect
Ing shaft across tle ledge AMI TO erect
a ive.siamp mill. The shaft showed
The Ledge to be 900 feet thick and the
stamp mill convinced the company that
the rock could be worked nr5a;as.y
upon large scale. Upol the strength
Of this discovery q i2o-s,amp mill was
built and active operations ,osua On q
basis hitherto unknown on the Alislan
coast In 1855 the capacity OF this mill
MAS doubled and nov the dCalcning
tumult u go stamps browns al noise
90 the mine. save the roar OF the heavy
blasting Not content with his FIRST
purchase. Trcadvcil traced the ledge
along the bluff. and step By step ac-
gulr,d Other claims until he owned tho
vein 10 the very wa.or'1 edge. Think OF
h. 4 ledge o. goil-bearins quartz.
900 feet long. 400 feet wide, and
reaching 10 uncxplorci depths. Suea
Is the TrCaiwtll claim.
The Troadac.l ore Is very low grade,
running only about three dollars per
ton. un,c1s operated upon an extca-
s!yc scale. The mluc would not pay e1-
p,nsts Under TIE present manage
ment N, total cost OF mining has bcea
reduced TO Si.95 per ton. At least. this
Is the published statement OF the COM
pany A former governor OF Alaska.
who had access 10 the books IN order
that he mieht make out his report 10
the general government Informed me
that he found the actual cost to be but
81 Per ton. There Is. therefore. a profit
Of from Si.6S TO s. on every ton mined.
The prcscn, output Of the TrcadWCn
mine alone Is 500 tons per day. This