The Alaska prospector., 1903-04-16
Around The District.

kinl.
 A sawmill is cnroutc to the Panama. to .he located at the new metropolis.
 Everything that can float is being tinkcred into shape to help carry the rush from the Yukon to the Tanana-an,l at big fares.
 Nome opcptors are now begin. ming to cry q scarcity of labor for the coming season. They fear the effects of Valdez. the Nizina and the Panama.
 A German company is now ar ranging to put Il smelter on the tin lodes. discovered at Cape York and Cape Prince of Wales, with every prospect of large product and profit.
 Five steamboats at Dawson are now being prepared for the trip to the Panama as soon as the ice runs. Most of the boats have already disposed of their freight and pas senger accommodations. The pas scnger rate will he SEQ,
 Geo. c. Belt thinks that Cinema will be the metropolis of the.Tana- na, and later T. ]. McGovern claims that still another 'ftwn.will he built that will be more convcn- tent to the greater number of creeks. Mct;overn fully confirms. all .prcv- ious reports as to richness ad,l extent of deposit.
 T. ]. McGovern is very enthus- iastic over the new Panama district. He claims that immense quantities of p'avel all over the extensive district carry uniform values. and that with the large general water supply much oi the territory can bc more proiitablv worked bv the hydraulic method. He controls numerous properties and Is out in seattle to get machinery and sup plies. He predicts that the rush will be great despite the efforts of the Canadians to prevent exodisS from their territory.
 In Il late issue of Opportunity" l" a Seattle man advertises Home Stcads or donation claims, 320 acres each. We want 50 men to take up homesteads in Alaska. Extraordinary inducements to set tiers. Very rich, level land. mild climate. Handy to transportation" " This is evidently q bait thrown out hy Seattle sharpcrs. While bona fide immigrants are desirable. such combinations do more harm than good.
 II. B. LeFevrc asks that a re- ceivcr be appointed for Skagway Light Co. and that the affairs of the company be wound up and the corporation be dissolved. He al- legcs that Sparrow Smith having acquired control of the major part of the stock. has been elected presi- dent with d pliant board of trus- tees, and that he .UeFevre), al- though owner of one-fith of the stock has no part in the manage ment, and that the incorporation has been mismanaged and is now insolvent.
 <. $. Marshall, who spent two weeks banning on the various creeks opened up on the Panama, reports that he found gold in pay ing quantities everywhere. The pans he washed ran from six to forty cents; and from bedrock, $2 to the pan. The narrowest width of the paystreak is put at 150 feet, and as far as developed nineteen feet deep. One paystreak is shown for six miles in length, with good pay in the benches on each side. From No. 20 to No. 30 on Gold stream the deposit is four and a half miles wide. He thinks Fair banks; with 25O present population will be the metropolis. There is plenty of water and an abundance of timber. Hay and wild fruits grow bountiful. The seasons are a month longer than at Dawson.
 Frank Johnson, who reached Seattle on March 2S; direct from the Panama country. and who came out to purchase hydraulic machin- cry, says he will give one tip to the old timers to go in well sup piled with grub and dogs. When he left Dawson dogs could not be had at $75 to $l00. The stampede to Panama is a-bigger thing than it was to Nome. He says that the ground averages four feet to bed rock and yields 10 to 30 cents to the pan. While it is not as rich