The daily Alaskan., 1912-01-05
WILL OPERATE
 IN BIG SCALE
A. N. C. TREADGoLD FoRMs SIG COMPANY TO WORK
 DAWSON STREAMS.

Mr. A. \. c. Treadgold, who pas sed thru s}sagway last week, has | just completed plans for stock company which win rival the Gug- -enheims operations around Dawson. ! He has spent the summer perfectug plans for the gigantic operations winch will be carried out next sum- } mer
 The Tacoma Tribune In an ar Ggle sent from Dawson says: ! DAWSON. Dec. l2-One of the -reatest master strokes has just Ibeel accomplished in Klondike by | Ae nIom,tahle organizer of the aaH.r k. x. C. Treadgold.
 Nr Treadgold arrived here tn the summer with veBlsid plans for the taking over Of a great portion Of the lKIordfke creeks. but it is understood tAc scH-me was then only in its mak- linz. and the ultimate success de pended on the acceptance Uf the prop osition by capitalists. NIT. Tnesdgold was accompanied by n. OT-Bwing. a
 mltimiIlionaire of London, and L. Ia. Estra1Ee. representative Of large En--rcaB interests. After they had -h7-7aehly examined the properties a the several creeks Treadgold had
 7 m' the two capitalists left for nc outside. and NIT. Treadgold began
 sraat work ot buying the ground
 the desired creeks which he had rs. a'raaly acquired
 aIt Is now generally understood
 has h. has consummated the deal whereby his proposed company. with a capital stock Of SS.0O0, ,OOO. is a realty As evidence that the plans s7a ripe may be cited the fact that TreaI I-oId is buying miles after miles aT placer creek and hiE properties.
 No time Is to be lost by Tread gold ard his associates fin turning rvrr every roat ot the new ground. -ney l1vr upwards of 100 miles in -erk aai hin properties, estimated .1 contain in virgin gold $50. O.o0O 900
 2, Sro6hoo.0oo Treadgold is mak-
 pans Co extract this as soon
 s possible and Co hurry u outside.
 Prem reliable sources it k un-
 e-st1pa that Nr. Treadgold has bar -ai7ed for or acquired practically all Y Dominion creek. extending from lAe head to the mouth of cold Rum. a dt~-a~ce Of approximately % miles. md that he has taken over much
 round on DomErion below Gold Run, md plans Co acquire b all
 1t is understood also that he has required a large portion of Quartz
 -egk this year. in addition to what rc had last year
 "One or the largest deals made by Vr Trradguld this fan was the ac- 7uf-eme0t uf UOpe- Huuke7 creek. ln- 7'-Iii7E practically everything above he Yukon God compauy's holdtnrs. Embraced in this deal are the hold '--s 1' Che Hurke- Development com 7a7v. the stockholders of which com 7-tsed Joe Burke, Tom McGoVan and others This property comprises S7 r'a5ms. extending over a stretch of Eve miles. taking in both branches If upper Hunker and meaning nearly. | ff not everything. above Gold Bot tom
 The property Is acquired. it Is un- lers,uod. under TO year lease. whereby TreadEuld or associates are to begin installation Of extensive equipment next season. and to hur- " E to completion. said equipment to have a stipulated capacity of sey- e-al thousand yards day It is expected by some this ground will be worked with a large dredge. This ground has ranked with the richest tn Klondike. and has produced phen-t omenally under old methods. The Hwker Development company work ed part Of it within the las, few seasons with a steam driven ele- yator.
 The methods of operation which are to be pursuel by Mr. Treadgold in his vast undertaking will be varied It is certain he wfll use hydraulic Co large extent on Hunker hin. and that. he likely win use dredges at places on Hunker However. it Is understood he is experimenting on an entirely new process which. 1T it proves successful. may revohticnize placer mining tn the North. Just what this process is has not been made public. but some say it involves a scheme for the turning Of a vast volume Of water into Dominion valley and sweeping away the muck, and then letting the sun thsw the ground