The Bridgeport evening farmer., 1909-01-29
THE YUKON MILLING, DREDG.
 ING & POWER COMPANY.

THE YUKON MILLING, DREDG.
 ING & POWER COMPANY.
 (Incorporated).
 Capital Stock, $5,o00, 900, in shares of One Dollar each, 5,000,000 shares, full paid, non Authorized, ...................... s. .25o. .oOt
 Assets.
 Water Grant Kondike River. SIC. .ooo, ,0OC Mining rights, White channel. 20. GOO, ,O0t Dredging ground .................. 5,000, ,0Oc One 200 Ton Quartz Mill. 100, ,o0o
 ss6, 100, ,ooo
 Trustee and Transfer Agent.
 Register & Transfer Go,
 New Jersey and New York.
 Officers.
 George B. Hulme President; ". D. Chase. Treasurer; Geo. W. Trenchard, Secretary.
 Directors; D: Chase, New York City: Thomas c. Wilson. Dawson. I: T., Canada: Geo. ". rrenehard New York City; Walter H. Pierre, South Dakota.
 R. B. Livingston. New York City.
 Bankers.
 Canadian Bank of Commerce, Dawson, r: T.. Canada; Windsor Trust Company. New York City.
 Consulting Engineer.
 G. o. Baker, New York.
 Attorneys
 Walter 1T. Thacher,. New York City; c. w. c. Taber, Barrister and Solicitor, Dawson, Y. T.. Canada; McGiveren and Hayden, Barristers and Solicitors. Ot- tawa, Canada.
 Fiscal Agent.
 
 ss and 40 West sard St. If you have anything good. I'll find the money. The Yukon Milling, Dredging & . Power Company.
 we own the water-right for powe. pur- poses on the Klondike River, grant from the Canadian Government. This controls The power controls the mines to the amount of the difference between the cost of power produced by steam and that produced by water.
 This company includes three enterprises, each of unusual prOft-producing ability. and each of an exceptional safe, sound character. The power plant is capable of RuYSS Rs, eoo per day day for 1so to 200 days in the year. 6,000 horse power plant will be in operation by July, 1909. The profits from day, with unlimited market for the power. besides giving the. same to the user at one-third of cost of steam. K1ondike and ;aoo, ,ooo, GOO in gold with man power. : With such vast bodies of gold-bearing gravels and improved machinery Tn saving gold the visable, the field for selling power is far beyond our limit. There is four to five thousand claim owners. all of whom aerlts well up in the millions. The famous Klondike Mines are far from being worked out They will produce $10 for every one they have produced up to this
 DREDGING.
 Placer Mining, as conducted with gold dredges. is, beyond question, the safest orm of mining to-day. Deposits that were up ten as big dividend payers. Modern methods and ingenuity are. responsible for this condition In u this class Of mining the ele- In lode mining the ore must first be found. To reach the ore bodies requires ! vast amount of development work. Then after the ore is found, the mechanical char, and sn1elting, enIails arge expense, perhaps hundreds Of thou sands of dollars. About one lode mine Tn takes time and a long time to develop the average mine and put it on paying basis. Consider the risk of investing in this kind of mining.
 Still immense fortunes have been made and are being made in lode mining. The secret of success is to strike it right; you take the chance of striking it right when rou invest your money in a prospect You take chance even in partially de- veloped mine where the ore is known to exist, and is proven up.
 Placer deposits mining, 10c. per cubic yard, are giving handsome profits to the operators where the gold dreda:e is in use. One dredge will treat two or three thou sand yards per day, and do more work than 1000 men. It can be seen, there 'ore what enornus profits there are in . placers running BOG. to s5.oa per cubic yard.
 Just consider a, large body of gravel many millions of cubic yards that run L0c. to $500 of gold per yard. Mixed with the gravel at an elevation of 200 to ,00 feet above the water in the creek bed. This gravel is not rich enough to move town to the water and wash or separate he gold from the gravel. The workman would not earn enough to pay his board: No doubt you have seen a steam shovel work. Well, the dipper dredge is much he same, perhaps larger scale. The washing machine is put on the car with he shovel. The loaded dipper is swung around and emptied into the washing ma ;hine. The water is pumped up from the ,reek and the gold is washed or sepa-