The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-01-29
WE HAVE Moved
Second and MadiSon.
==RIALTO BLOCK
FREDERICK, NELSON 6 MUNRO,

basin. is located he cxteasi~e hydraulic
plant belonging 70 1he NOVEL; Sid Min
ing Company. During the summer this
plant Is run to its fullest CGn1clty and
Yields z handsome return - It's cwners-
Tie Great TreadweiI.
"On our rounds Of travel the great Alas
ka TreadweH Gold Mining Company. on
Douglas island is found. Il is ,mcst 100
big TO tell about. The mine itself Is like
9 big rock quarry. The~e arc 20 stamps,
with two concentrstors for each battery
OF Eve stamps which is abont $50 on the
plates. the balance u vslue gong INTO
the concentration.
This is A low grade property. The COM
pany's capital is Ssp0.ea ana II mana ges
to worry along on a net proit OF snout
S5009o per month. Everything about this
mine shows attention 20 the ninutest ue-
tails. This company operates quite
length OF railway from its docks. maya
zines etc Ii has fine buildings COM
Portable homes for its employees. suosian-
tial wharves, coal bunkers, offices ana
dwellings.
The Alaska Mexican. adjoining the
Treadwell, Is a fine dividend paying prop
erty operating "A 12e-stamp mill. with the
highest class OF machinery. IT Is under
the same management as the Treadweil,
and is meeting with the same results. To
90 myself or these two mines justice in
describing them. / would occupy TOO much
of your time.
The sheep Creek.
I'VE WIFI now cross the GaStineaux
straits and find the sheep creek mill ana
mines Here the Berner's Bay Mining
Company operates a twenty-stamp MN
on ore rich In gold and silver This prop
erty was purchased last year by the pres
ent owners who have expended about
500 600 on il, and are now receiving hand
some returns. The same attention 10 sub
stautial buildings. good roads, tramways,
wharves. etc. that characterizes this COM
pany wherever il owns property, is found
here.
According TO Manager Duncan's last
report. as published through the London
office. the cost Of mining and milling the
ore vas 81 .0S per ton. This cost, as stated
by Mr. Duncan. covered all money ex-
pended on improvements, which was quite
large.
In the sum Dunn.
I'm this district (Sheep creek are several
other properties under course OF develop
ment which will soon be added 10 the list
OF dividend payers OF Alaska. The next
miT and mine in operation Is the Bald
Eagle in the sum Dunn district This mine
was purchased in the year 1894 BY \. :
Trowbridge and associates, OF San Fran
CISCO for the sum OF sea coo. From June 3.
$1,000 The company is operating two
stamp miK and TWO concentrators. Owing
10 deep snow the miE is closed down each :
year aboaH December /. During 1896 this
mine produced. from May 10 TO about the
middle OF November, $l00.0o0--about a six
months run fo- four stamps In the mean
time work has been vigorously carried on
constructing tunnel about l. 700 feet long,
which will tap the ledge about $50 feet
deeper than the present workings. The
width of this vein varies from two TO fif-
teen feet, with an ore chute of 125 feet in
length on the vein, while on The surface 1t
was sixty feet. The output for the year
1896 was taken from "A space sixty feet deep
ana 100 feet long. The ore averages about
s35 per ton This company is capitalized
Tor 100000. From the first day It was
worked il has been a dividend payer. We
hear no stock for sale
The Alaska-WiIIoughby
THE next mine and min Is the Alaska
Wilhoughby property. on Admiralty island
at F'unters bay. This mill was constructed
in 1896 This coming year the plant Is 10 be
doubled and there Is no question that this
properly Will prove valuable acquisition
70 the list of dividend payers of Alaska
All of the properties / have mentioned
are located within a radius of 100 miles
hong and about ten miles wide, excepting
the Alaska WflFoughby. which is about
Abi - ~tiNt tiAit@ SbHAlNt, Oh Juneau. Inc
others are lying In one line or belt
Il could tell YOU of the many districts Of
undeveloped properties, many of which
are mines just good as the ones now in
operation. waiting for capital TO take hold
OF them and Join the list of the Alaska
dividend payers. of which every mine that
drops a stamp Is one.
Car any other mining district on earth
show as many dividend paying properties
Every mill and mine pays It's owners a
handsome Interest on their money invested
Miners. mechanics and laborers are paid
fair living wages; no strikes. no lockouts
riots or dissatisfaction. Confidence. good
viii and peace exist between capital and
.abor. PARKWAY. cold Alaska viii com
pare favorably and lead older mining dis
trlcis, as an investment and as Showing
the world what a mining country twelve
years Old can do"