The Alaska prospector., 1904-09-15
Correspondence.
fpeuiu. rte ithe iPRospEcroR.

~ s"S nhSiisn OoinpinN has changed hands and is now known as the A. H. Stracey Com- pany. However. as yet no authen- tic report from the officials or rep resentatives of that corporation h; s been given out. There is anoth.r report on the street that this com pany is going to cease it's labors in the oil field and devote their time and energy to their coal properties. "f which they have an enormous quantity of semi-anthracite. At present the work on this property, or work tending to develop the same, consists of the building of a short line of railroad to within one aalf mile of Chilkat lake.
 Some time ago, while drilling in their new hole at Chilkat point. shey lost their drill and bit, and for some time past have been fishing for these tools. After several un- successful attempts to hiring them to the surface thsy decided to em- Floy 8 new get and drill past them. This scheme was brought to suc- cessful issue and they succeeded in sinking the hole to depth of 1900 teet. The chief driller, MT. Cherry, states that while sinking he passed through several stratas of earth un- kAewn to him, it being of q very hard and compact nature, and at times the bottom would seem to drop out of the hole. The forma- tion, however, IS of the night kind, and he predicts that in few days the oil will be coming from this well.
 MT. Harry White, of Seattle, president of the Alaska Coal and Gil Co.,, arrived here on the Bertha with two coal experts from British Columbia. Mir. White has large interests here in both coal and oil, and it is his intention to push the development of his coal property .ss rapidly as possible. MT. A. M Green, his able manager in these enterprises, has long since com menced work in driving a tunnel in the least promising of the claims owned or controlled by this company, and states that he is very much surprised at the good show ing on what he considered the scum of the property. MT. Green has dong been connected with various mining enterprises, and is consid- cred to he good authority in coal. He is very enthusiastic over the outlook here.
 Mir. c. P. Brunneau, of Oregon, has a force of men at work on his coal property near the head of Chilkat lake. This property was bonded from Powers, Hamilton and Carey last year to the Great Western Coal Co.,, and is showing Mp to be better than expected. On one of these claims there are five tunnels showing 12 foot vein of solid coal, and on two others there are two tunnels showing two $ foot veins. It is their intention to do as much work this year as possible ill order that the shipment of coal may not be delayed early next year.
 Mir. J. w. Ivey returned on the Santa Ana and staid but a short time at this burgh. He returned on the southern trip of the Bertha t0 Seattle and New York. While in New Yors he will attend the convent ,n of the republican state central ,mmittee, which holds it's last session in Sep, ember, before the presi lential ele ;tion. The good work that he has done for Alaska while in Washington during the last session of ;congress, is thor -oughly appreciated by all here and elsewhere; everyone feeling assured that the interests of this part ol Alaska are Automatically and sub- .stantially safe in his charge. Mr. Ivey and Mir. T. D. ,Gorlew, our local merchant, have combined their coal interests in the Shepard