The Bridgeport evening farmer., 1909-01-25

rated from the 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 Four men do the operating, s-hour shifts Q2 men in alp to dredge. A machine of this kind takes 400 horse power to op, per cent. more than the sluicing or hy- draulicing method where the gold is fine, and in all dredging ground the gold is very fine.
 A floating dredge is on barge or scow, usually called a gold ship. This has an endless chain of buckets that carries or brings the gravel aboard the ship to the separating the gold goes on, and the rocks and sand are carried off with a conveyor. A machine of this kind requires about 200 horse htn power .sfH and oo eosts set up in Klon-
 MILLING. '-'f
 This is really a manufacturing plant: The product is gold. There is estimated to be a billion tons of this broken quartz district. It ranges in size from sand to pieces of 20 to 30 pounds, having a value by milling of over $2.oo per ton. by sluic- ing 25c to 40c. per yard. One yard weighs
 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 or ledge would not pay for mining alone, 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 10c. per ton. The mill will pulverize 2A tons for one from the solid quartz ledge. It is entirely free from all rebelltous ores and This Company made thorough tests with small mill. They milled over 50 tons in f1ve-ton lots. taking over an area of five miles.
 -fyS SA @6roe enterprises and the risk involved, also the profits to be gained
 l. HYDRO-ELECTRIC POWER. An unlimited market for all that can be pro- duced with profit of 12o0 per e cent; ado per per cent. per day, also saving to operators who use the power of. 50 per, cent. in the initial cost .0f of n dns dsdgs m stea a1st chinery to purchase and install. No credits to exceed one week, no customers markets, no business in the world safer
 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 1e such sa1 a a 400 per cent. profit. It is an absolutely safe business. How could 1t be otherwise.
 The Klondike Riveri and Indian River bottoms, where the miner would not miles long each, and h to < of mile wide. Dredges are taking out 4oc. to $2 per cubic yard. These river bottoms were considered worthless until the dredge man came along.
 8 MILLING. While profits are not as large, the field is SO extensive that the man of ambition can increase the mills to enormous Milling will give a profit of 200 per cent. on the money invested There is no risk in this milling. No develop ment as in lode mines, no prospecting, no nh In the last three years there has been invested in Klondike by purchasing min ing property nssaaling ssa dnn r and and invested about $12.ooo,ooo and there are FEWER othsr TIE fnserpciaE farther away from the field of operations. Coal is of very low grade and costs s1g The nI gold production of Alaska is great CT than Montana, Utah, Colorado and Nevada (with her great gold heids) all combined. The estimated earnings of the three years are here given. There will re- main in the treasury 1,000. 600 shares of stock unused, and dividends will be paid on 4,o00, 900 shares instead of 5.ooO0oo. Tho be all paid for and clear of debt less s1 25o, 900 tsn-year bonds. We figure on een ds ta nn it the n limit o1 o1 our ambition. We start with 5000 horse power plant and 3 dipper dredges, and a 2O0-ton quartz mill. PROCEEDS, FIRST
 YEAR.
 1000 horse power, 16o days, at 75c.
 per horse power. ..........::...... s72o,ooo 3 dredges handling 5,o00 yds. per
 day for 160 days at $1 per yd..... S00,000 2o0-ton quartz mill treating 200
 per ton ........................ SooOo
 Total ..........~................ s1, ,sooooo Operating Expenses and
 Increase of plant.
 Dredges, SOO,OoO ,yds. at
 <UC .1OU,UUV Mill, 10000 tons at 60c. ........24,0O0 Increase of plant. 400, 600 on bonds. 75,OO0 Depreciation and insurance. 25,000 Sinking fund for redemption