The Bridgeport evening farmer., 1909-01-25

THE YUKON MILLING, DREDG- ING & POWER COMPANY. (Incorporated). Capital Stock, s5,ooo, 900, in shares of One Dollar each, 5o0o,0o0 shares, full paid, non assessable.
 Bonds. Autnorlzeu, .$1, ,25O OOO
 Assets.
 Water Grant Klondike River S1O GOO 600 Mining rights, White channel. 20, 900 900 One 200 Ton Quartz Mil ......... 100 ,OOO
 $ss. .1oo, GOO
 Trustee and Transfer Agent.
 Register & Transfer Go,
 New Jersey and New York.
 George B. Hulme, President; W. D. Chase, Treasurer; Geo. w. Trenchard, Secretary.
 George B. aulme, New York City. Wm. Wilson, Dawson, '. T., Canada; Geo. ". Trenchard, New York City; Walter H. Thacher,. New York City; A. E. King. Pierre, South Dakota.
 R. B. Livingston, New York City.
 Bankers. Canadian Bank of Comnsrce, Dawson. Y. T., Canada; Windsor Trust Company, New York City.
 Consulting Engineer. G. O. Baker, New York. ., 4 Attorneys. Walter H. Thaeher, New York City; c. W. c. Taber. Barristsr and Solicitor. Hayden, Barristers and Solicitors. Ct tawa, Canada
 Fiscal Agent.
 m Man and Wss ssrd S. soa haxe anything good, I'll find the money. The Yukon Milling, Dredging &
 Power Company
 We or,n the water-right for power 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 e Powsr IS snd sarnn $15.ooO per day for 160 to 200 days in the year. 6ooo horse power plant will be in operation by July lsos Tne m profits fits from nsn day, with unlimited market for the power, besides giving the same to the user at 
 its surroundings has produced over $2Oo, ,ooo,o 900 in gold with man power. With such vast bodies of gold-bearing gravels sna Where e'H the invisible is ;aved as Wei f as the visable, the field for selling power is far beyond our limit. There Is four to Nvs want poWer, many of " them wi with invest ments we'll up in the millions The famous KonaSe Ninss are far rodoe fno ,,e 6e19s 9aE every one thev have produced up to this time.
 Placer Mining, as conducted with gold dredges, is, beyond question. the safest passed up ten years ago as being too expensive to work profitable are to-day big, dividend payers. Modern met methods eds condition In this class of mining the ele- ment of risk is entirely eliminated. In lode mining the ore must first bs after the ore is found, the mechanical proposition of treating the ore, such as concentrating ana smelting, entails sands of dollars. About one lode mine in a hundred becomes a dividend payer. It takes time and long time to develop the tn average mne t ana put df l inysstng Hn g this kind of mining.
 Still immense fortunes have been made and are being made In IOde mln1ng. The secret of success is to strike 1t right; you take the chance of striking 1t right when you invest your money in prospect You take chance even in partially de- yeloped 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 dredge 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 fore, what enormus profits there are in placers running BOG. to $500 per cubic yard.
 Just consider a large body of gravel many millions of cubic yards that run 4Oc. to $500 of gold per yard. Mixed MI with the gravel at an elevation of 200 to 300 feet above the water in the creek bed This gravel is not rich enough to move down to the water and wash or separate the gold from the gravel. The workman would not earn enough to pay his board: No doubt you have seen steam shovel work. We'll, the dipper dredge is much the same perhaps on larger scale. The washing machine is put on the car with the shovel. The loaded dipper Is swung around and emptied into the washing ma oraoy- opd thn gold iS washed or SeDa-