The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-07-24
srECuLATORs pELITTLE THE GOLD.


CSVS0S 40 "0eAA CRD&N0 - - -"
ferior-Miners VIII Wait Awhile.
SAN FRANCISCO. July q. - Five
French Canadians. who were successful
on the Ciondyke and are now bound for
Montreal. are at the Commercial hotel in
this city. They came from Seattle. hav-
ing reached that city by the steamer
Portland. They could not get the prices
for their nuggets that they wanted there.
nor viii they accept the bid made BY the
Selhy Smelling Company In this city. AS
the mint Is closed pending the change OF
administration. these I'VE miners will
carry their bullion to Philadelphia and
exchange II there fer coin of the United
States. The five men of the party are y.
e. Picotte. T. Morrin. who has been In
the Yukon country for four years; n.
MERCER. Of Ave yeas experience: Joseph
cazlais who for seven years has mined
in Alaska: p. Amelier. who has been there
nine years, and Joseph Desroches. who
has just completed his second year.
The closing Of the mint has afforded
spectators an opportunity to make con-
siderable money out Of the miners who
have brought their gold dust with them.
rumor has been circulated that the
Ciondyke gold Is poorer in quality than
that from other mining regions. and In
consequence IL not worth so much for
coming purposes. Some OF the more
recent arrivals who have become ac-
quainted with this state Of affairs pro-
pose To hold their dust until the mint re-
"Opens. which will be on August 1. when
they feel that they will be able to get
full coin value for II. Others are con-
siderng the ACCESSIBILITY OF sending II
10 the mint at Philadelphia
The clondyke craze has struck the
speculative element hard. Companies Of
all kinds are being organized, while
signs and window ietterings are appear
ing with marvellous rapidity In the prlD-
elpsl business streets. Such titles as
Yukon Trading & Developing Com
pany." the "Clondykc Improvement Syn
dicaie." yukon Gold & supply Com
pany." arc TO be seer OF every hand.
The frst mining company to file articles
OF Incorporation Is the Alaska & Yukon
Gold Exploration 6 Trading Company.
Limited. The capital stock Is ss"o~o
fully subscribed.
Among the arrivals from Alaska on
.hc Bertha was DR. c. r. Dickinson. of
Kadiak island. which lies Just 1T the
hsad OF Cook Inlet. He says the gold
excitement all over the territory nj Al
hSka ia something unprecedented, and
that people are fiocking To the ElondThe
ia way that threatens 10 depopulate
many Of the trading posts and coast
tae*ns lie said:
.swhen 7 left kadsak two weeks aga
IN. people were leaving al that section
OF the country and ifocking IN the tfirec-
lion OF the Cien6ySe. In way. the si.-
natioa IN appalling, for many of the In
tiuxrrses ara left practically without the
means ~ operation. Mines that are pay
ing handsomely at Cook Inlet are desert
81. IN my opinion there are just a. coed
ptaser 3iEgings 20 be found ~ Cook In
iet 40 In the Cinnayks region. There Is
,sat A foot Of ground in al that country
sha, does not contain gold IN more or
less apprecsahle quantities. Tho Sren,
trouble Is that the people have not rad
the courage 10 thoroughly prospect tire
country think hat IN Smother month
the country will he practically deserted.
There ia rNoYu about Cock i0let for
thou.snas - men. ard fherc s. certainly
ao better place IN The world for 4 peer
man"