The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-06-05
The Famous Klondiker Plans A
Great Placer Purchase.
EIGHT MILLIONS INVOLVED
North British American Corporation
20 BE Purchaser-Company Under-
takes an Enornoes Cattle ship
Fresh Neat-Establtshing stores
ut Dawson and Town IT Junction
of stewart and McQaestfn Rivers.

The hurried trip Of Pat Calvin. the noted
klond,ker. to the famous gold camp had
to do with a gigantic mining deal-one in
volving no less than eight million dollars
Negotiations for the purchase OF that
amount Of property in the district are not
only on. but the sale Mr. Calvin. who re-
turned from Dawson some days ago. ad-
mitted. yesterday. would In all probability
be contaminated before snow flies 1t Is
undertaken for and IN the name OF the
North British American Corporation. bet
ter known as the Calvin company. The
concern has a paid up capital of EIoo,oV
tss. 800. 0oo). and It's stockholders contain
names eminent in the financial affairs OF
England and the United States 1t was Or
gan!zsd by Calvin, its American represen-
tative and general manager. in London.
soon after his first return from the klon-
dixie last October. The properties 70 be
exchanged in consideration of this royal
sum include some of the richest mines on
E.dorado Bonanza and Sulphur creeks.
Experts of international reputation have
for some time been examining the mines.
which were selected and recommended 10
the company for purchase by Calvin. and
their report will soon be made. That It
will be favorable one. he says he has not
the slightest misgiving. And when the
transfer Is actually made. It win be the
completion Of the biggest placer mine sale
ever made on the American continent, or
any other for that matter.
This corporation--the North British
American-is the financial power back OF
the mammoth cattle shipment to the Klon-
dixie undertaken in the name of Mr.. Chas
W. Thebo. mention of which has from time
to time been made in the columns Of the
Post-Inteiligencer Mr. Thebo Is a stock
holder In the company and manager of the
stock department. He manifested his
friendship for the Northwest. and especial
" Seattle and the state of Washington, by
the expenditure of $4,000 cash In the pur-
chase OF cattle. horses and supplies The
cattle and horses. $50 in all. were secured
mainly, in Eastern Washington and Idaho
As told in the Post-Iutelligencer 100 OF the
beeves and 100 horses were shipped on the
barge Skpokum in tow OF the powerful tug
Tacoma for Pyramid Harbor two days ago.
The remaining 500 head get away tonight
from Vancouver. for which point Mr. The
DO left last evening. Just before his de-
parture. he spoke of the stock venture
which he IS so ably managing. substantially
as follows:
I'VE are engaged in a big butchering
venture and we hope TO be able to supply
all OF interior Alaska and especially Yukon
river settlements, with fresh meat Tor the
next five years The shipment To be made
a year hence viii be more than double the
size OF this one.
1T L. our purpose TO land the cattle at
Pyramid Harbor. thence driving them over
the Dalton trail. arriving about August 1
at Five Fingers. The beeves will be slaugn-
tered at Fort Selkirk and the meat taken
down the river to Dawson. where We will
establish a permanent butcher shop and
one on an immense scale The outfit for
the shop has been secured and will be
shipped via the Yukon.
In the handling of the cattle we have
about 80 men employed No better stock Is
10 be found west of the Rocky mountains.
/ have spent several months selecting the
cattle and the entire herd will average
above l, 400 pounds. and at this season of
the year they can be driven to the Yukon
without materially reducing them in flesh. "a
While at Dawson Manager Calvin pur-