Douglas Island news., 1902-11-12


 project is in most encouraging con dition. There are now 60 individual holders of reindeer, of whom 45 are Eskimos.
 The history of the great Homestake mine, of South Dakota, reads like a romance-that is from financial point at least. When the shares of the company were first offered they went begging at S1oO. Soon thereafter two assessments of Si0O each were levied, making the shares cost the owners $500 each. But look at the other side. Since incorporation the company has paid SSS regular monthly dividends, amounting in all to Sll.54S. $50. approx imating some SSo per share. A recent sale was made os a small block of these shares, which brought S75 a share. Thus that which originally cost SSoo share, including dividends, nets Che fortunate owners S155 share.
 Last spring when navigation opened on the Yukon river, the saloonkeepers and merchants of White Horse secretly hung up a Sl,OOO purse and notified each river captain between White Horse and Dawson thst the captain who would come into White Horse with his boat missing the morning train the greatest number of times would receive the purse at the close of navigation, says the Skagway Guide. One of the captains left on the City of Seattle with that purse in his inside pocket. This captain has made sixteen trips from Dawson to White Horse and missed the train fifteen times. The merchants and saloon keepers of White Horse figure that they have made s16Oo0 by that simple little scheme. The people of that little burg are not so slow after all
 The whalers report most unusual seismic disturbance of the ocean on August 13. The bark Alice Knowles, Capt. Montgomery, when st a distance of 200 miles from the Boring Sea coast, off the Karule Islands, was in the midst of tremendous commotion. The bark was violently shaken and the captain and crew thought their lives were in danger. The phenomena oc- cured in the evening and when Che yes sel began to pitch about, where mo- ment before the sea had been as calm as the proverbial mill pond, the crew and captain were thunderstruck. The sur face of the sea was boiling like caul- dron and a deep detonation was heard from all sides, as if the bottom of the sea was being burst asunder. Within few minutes after the disturbance be- gan the sea had settled down again and the previous calm was resumed. How ever, the affair was strikingiy unique and is seldom observed by the mariner. The seas commotion is said to have re- sembled "tide rip" more than any thing else, the disturbance passing to the eastward and out of sight. How ever, the compasses on the vessel were stopped and the bark was thrown about thirty miles out of her true po- sition in consequence.
 The operations of the Alaska Tread well Gold Mining company are remark able and are certainly conclusive as to what can be done with mining when operated on scientific basis. The re- port of this company's operations shows that total of 6S3,S93 tons of ore was crushed in the two mills-one of 300 and the other of 240 stamps. The 24O-stamp mill was run 338 days, g hours and 5 minutes, and averaged AGO tons of ore per stamp. The 300- stamp mill ran PA days, six hours and | six minutes, and averaged 4.80 tons of ore to the stamp. The total cost of op- erating the mills was Sl15, ,636.07, or S0.- IS40 per ton. The ore yielded in free gold, including copper and base bars, s665, ,e91.27, or s9747 per ton; and s6S9,- 129.27 from sulphurets treated, or S0.- 9359 per ton total yield of s1,304,- 72O.54, or s1.91O6 per ton. The latter figure is not the exact value of the ore and after deducting amount of sul- phurets on hand at beginning of year and allowing for loss of shipment by wreck, it is figured that the exact value recovered for the year was s1.S926 per ton. The 682,S93 tons were mined and delivered to the mill at cost of s0. .8399 per ton. During the year 5,55S1I feet of development work was done. The