The Bridgeport evening farmer., 1909-04-16

rated from the gravel The car moves chine and the sand and rocks are carried aside with an elevator. The dredge is run Four men do the operating. S-hour shifts 12 men in alp to n dredge. machine crate. washing machine viii save i5o per cent more than the sluicing or hy- and i6 all Sredsine sround sSe gold is very fine.
 A floating dredge is on a barge or scow. endless endless chain of buckets that carries or brings the gravel aboard the ship to the soa and and sand are carried on with a conveyoMr; M horse power ard costs. set up in Klon- dike, about s150.ooo.
 MILLING.
 This is really a manufacturing plant: to "s be pa' a billion tons of this broken auaItz know as White Channel in the IlIondike n n io s n size saVa by milling of over goo per ton. by sluic-
 By milling the coarse gold that Is caught by sluicing. the line gold that is the gold contained in the quartz rocks is saved. Such values as this in lode mine % nSs sSe fa1 with a power shovel and run into the mil by gravity st an & pi of isss than a tons oSE entirely @ rely free from all rebeilious ores and This company made thoroush tests with n small mill. They milled over 50 tons in miles. ... ,---,
 We will now summarize to these three enterprises and the risk involved, also the profits to be gained.
 HYDRO-ELECTRIC POWER. An unlimited market for all tn that can a be pro duced with profit of 1.2oO per cent; nno per who use the power of 50 per cent. in the ini1aad nnmnins soSd piaDt % in not having steam chinery to purchase and install. No to solicit, no competition. no huctuation in markets, no business in the world safer
 g. DREDGING. It is four years since dhs dIse rss Now sseTe ~aI is eSer and more under construction Nc suSh a tans as p9o all It s ana safe business. How could it be otherwise
 The KIondike River and Indian River one aoae pee 1ee day are to miles long each, and to A ot mile ner wide cubic saEd These Tiner Bottoms were considered worthless until the dredge man came along.
 3. MILLING: While profits are not as man of ambition can increase the mills to snsn sn Mns will hi' sHs pro of 200 per cent. on the money invested. There is no risk in this milling: No develop, chance whatever to take.
 In the last three years there has been invested in Klondike by purchasing min ing property, installing machinery and other ways over $30. 1000. One firm has invested about ZIP. 600 and there are many other enterprises projected POWER IS THE GREAT NEED. wood is getting scarcer- each year and farther away from the held of operations. Coal Is of very low grade and costs $2o per ton.
 The gold production of Alaska is great CT than Montana, Utah. Colorado and i Nevada (with her great gold felds) all combined. The estimated earnings of the Company and increase of the plant for three years are here given. There will re- main in the treasury o0o0 shares of stock unused, and dividends will be paid on 4,OOO, 900 shares instead of 5.000.0 .000- The capitalization: This vast property will be all paid for and clear of debt less 31 250 900 ten-year bonds. We figure on increasing the plant until it will pay 100 per cent dividends; that is the limit or our ambition. We start with a 5000 horse power plant and dipper dredges, and a 200-tOn quartz mill.