The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-07-28
ALASKAN GOLD STOCKS.
Will be Located by the New York
Mining Exchange After In
VeStigatiOn.

New York, July 2S-The Times says:
Klondike matters are about to be in
vestigated by the mining exchange of
this city and steps taken to have the
most reliable information in the event
of the listing of Alaskan gold stocks.
The new officers of the exchange, w.
G. Dornin, president; G. A. Drake, vice
president; Geo. B. Hedian, secretary,
and John G.. Dale, treasurer, are in
agreement as to the gold discoveries
being certain to increase business and
to lead to more inquiries. 1t is also
expected that there will come a boom"
in mining stocks. Little else is talked
of at the exchange than this new fea-
ture of mining excitement and the pro-
posed starting of the Alaskan syndi-
Gates. F. L. Underwood, one of the
prominent members of the exchange,
was mentioned in connection WITH
Klondi1e interests, and it was said that
a company was being formed at Corn
wall-On-the-H Hudson.
1t would seem as if the dangers of the
the new valley of gold are thoroughly
appreciated by members of the ex-
change. Comparisons now to the disad-
vantage of the mines of Bolivia, Peru
and Colombia are heard, and there were
quite a few suggestions that Colorado
interests might be largely developed
with great deal less expense and per-
haps more satisfactory results to the
prOspectors. No apprehension seemed
to be felt that Americans at KlOndike
would experience any rough treatment
through the action of the Canadian
authorities, and it was confidently stat
ed that all that Americans would be re-
Quired to do was to- pay the license
which the Canadian government exact
ed from all mining prospectors, whether
British or alien. This amounts to SIS
annually.
1--WE certainly intend to CO., said w.
H. Edwards of the law office of George
NJ. Curtis, Bennett building, to a re-
porter. Il go as the representative of
a New York company. My intention is
to buy claims and in the spring we will
work the claims by machinery. We
sail from Victoria, B. c., August 10,
and expect by that time our party will
number twenty. We will take along at
least eight months provisions"
1--WE will not stay at Klondike," in
terposed a friend of Mr.. Edwards, who
was present. I'VE intend to reach the
Black Hole of Calcutta, where they are
mostly all Bohemians and escaped Nj
hilists. They are hard citizens, but
this is the richest part of the coun-
try. It is about 100 miles northwest
of Klondike and in Alaskan territory"
Mr.. Edwards added: I'VE will go by
the Juneau route and make the over
land trip. We hope to reach Healy &
Wilson's store by August 10. We will
travel by the Canadian Pacific to Vic
tOria-"
According to Mr.. Edwards the mem
bers of the party had already expert
enced a desire to go to- South Africa,
but they changed their minds when
they heard of the KIondike. Mutual
concessions between the United States
and the Canadian governments will, they
think, place the gold seekers of both
countries on an equal footing. After
trying what they can do in the KIon-
dixie region they will turn their atten-
ton to American soil. The company
will work their claims by the Lay SyS-
tenn of hydraulic placer mining and the
party intends to stay away at least
two wears.