The Bridgeport evening farmer., 1909-02-12

rated from ,tne gravel. The car moves along, the gold is left in the washing ma chine and the sand and rocks are carried aside with an elevator. The dredge is run continually during the working season. Four men do the operating, S-hour shifts 02 mel in alp to a dredge. A machine crate. A washing machine will save 150 per cent. more than the sluicing or hy- and in all dredging ground the gold is very fine.
 A floating dredge is on a barge or scow, usually called gold ship. This has an endless chain of buckets that & carries .S or washing machine, where the process or separating the gold goes on, and the rocks A machine of this kind requires about 200 horse power and costs, set up in Klon- dike, about s150,OoO.
 MILLING. 'S'Sss
 This is really a manufacturing plant. to be a billion tons of this broken quartz know s.s White Channel in the Klondike district. It ranges in size from sand to by milling of over s2.OO per ton, by sluic- ing 25c. to 40c. per yard. One yard weighs over 1A tons.
 By milling the coarse gold that Is caught by sluicing, the fine gold that is washed away or floats away is saved, and the gold contained in the quartz rocks is saved. Such values as this in lode mine
  but in our plant the materials are loaded with a power shovel and run into the mill by gravity at an expense of less than lOc per ton. The mill will pulverize 21s tons for one from the solid quartz ledge. It is entirely free from all rebell1ous ores and makes a high saving by analgamatlon. a small mill. They milled over 50 tons in five-ton lots, taking over an area of five miles.
 We will now summarize to these three enterprises and the risk involved, also the profits to be gained
 1. HYDRO-ELECTRIC POWER. An unlimited market for all that can be pro- duced with a profit of 1,2O0 per cent per cent. per day, also a saving to operators who use the power of 50 per cent. in the initial cost of dredge, mill, hoist or pumping plant in not having steam ma chinery to purchase and install. No credits 10 exceed one week, no customers to solicit, no competition, no f1uctuat1on In markets no business III the world sa1er.
 2. DREDGING It is four years since the first dredge was installed in the Klon- dike Now there is over 20 and many more under construction. No such a 400 Der cent. profit It Is an absolutely safe business. How could it be otherwise
 The Klondike River and Indian River bottoms, where the miner would noI mfes nara Goe loeg delaf eaeh Pnd pnf gay to of mile wide. Dredges are taking out 4Oc to " per cubic yard. These river bottoms were considered worthless until the dredge man came along.
 3. MILLING. While profits are not as large, the field is so extensive that the man of ambition can increase the mills to such an extent that his profits will be enormous. Milling will give profit or 200 per cent. on the money invested There is no risk in this milling No develop ment as in lode mines, no prospecting, no 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 0,000, G0O One firm has invested about 12,000,000 and there are many other enterprises protected. POWER IS THE GREAT NEED. Wood is getting scarcer each year and farther away from the field of operations. Coal is of a very low grade and costs $20 per ton.
 The gold production of Alaska is great CT than Montana, Utah, Colorado and Nevada (with her great gold fields) 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 1,000,0 900 shares of stock unused, and dividends will be paid on 100000 shares instead of 5000, GOO. The capitalization: This vast property will be all paid for and clear of debt less $1, 900 ten-year bonds. We figure on the plant until 1t will pay 100 per cent. dividends; that is the limit or our ambition. We start with 5000 horse power plant and dipper dredges, and 200-ton quartz mill.