The Bridgeport evening farmer., 1909-01-29

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 continually during the working season. Four men do the operating, 8-hour shifts Q2 men in alb to a dredge. machine of this kind takes 400 horse power to op- 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 barge or scow. usually called a gold ship. This has an r endless chain of buckets that s carries i or or washing machine where the process of separating the gold goes on, and the rocks and sand are carried off with conveyor. A machine of this kind requires about 200 horse power and costs, set up in klon- dike, about $1b0.000.
 MILLING. -ss
 This is really manufacturing plant. The product is gold. There is estimated to be billion tons of this broken quartz know as White Channel in the Klondike district It ranges in size from sand to by ming i ~ of fo over s Der tom by sluie ing 25c. to 40c. per yard One yard weighs over 11A 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 a 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 21a tons entirely free from all rebellious ores and makes a high saving by amalgamation. This Company made thorough tests with a 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.
 l. HYDRO-ELECTRIC POWER. An unlimited market for all that can be pro duced with profit of 1,2O0 per cent per day and a saving to the. user of 200 per cent per day, also a saving to operators or 5 initial cost of a dredge, mill, hoist or pumping plant in not having steam ma chinery to purchase and install: NO to solicit, no competition, no f1uctuation in markets, no business in the world safer.
 g. 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 thing as 8 failure; all are making 300 to 400 per cent profit IL IS !. an ts,ss ansoluaely
 The Klondike River and Indian River bottoms, where the miner would not earn one dollar per day, are 3o to 4o miles long each. and # to F of a mile ie
 
 per cubic yard. These river bottoms were worthless until the dredge man came along. 1
 g. 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 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 ing property, installing machinery and invested about s12,ooO000 and there are 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 b20 per ton.
 : The gold production of Alaska is great ar than Montana, Utah, Colorado and 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 Ter main in the treasury 1,000,0 900 shares of stock unused, and dividends will be paid ,n 100000 shares instead of 5,000.000 The This vast property will De all paid for and clear of debt less ], ,250,O0o ten-year bonds. We figure on increasing the plant until it will pay 100 per cent. dividends; that is the limit o1 ,ur ambition. We start with a 5000 horse power plant and 2 dipper dredges, and a 00-tOn quartz mill #