The Nome daily nugget., 1914-03-28
tFrom Our Exchlngos.)

iuueau..--foreHnuN Ntncft Nutttatu u the Jualin mine has received in- ..ructions to conMilcne work on the ..,n working tunnel. Tie new tun-
 !, Jill hc driven to length uf 1,7OO ,., and will tup the mine at t depth .t 600 feet. The first 1900 feet will ,s crossccut an'i the remaining 6.ooo oa will be driven on tho vein.
 . ledge was encountered on the oreek Boy claims at Berners bay hy .,. owners, Jos. Dumas and Stewart woods. The vein averages t feet In
 ,d,h md carries flake and wire gold. small piece crushed with ham- ,,.r and banned yielded nearly $2oo.
 The Alaska Gastineau has contract 4 yor eighteen thousand tons of coal .,auaIiy from the Port Graham coal ,,,es These coal mines have the ,,.,,nctIon of being the first c"aI ,,olms allowed to Go |" patent in Alaska.
 The tunnel work at the sheep Greek ,.,nss continues at the rate of 22 tse, q day. There is stili aInM 2GO0 ,1st of work 10 finish. which should ne done by April.
 The bondholders have been notified \, the reorganization plans fthe old Alaska -Ebner Gold Mines Co. It is ,he plan of the new company [" in- rrporate for $7.5oo.oo0 in $io shares. ssuing s4.ooo.ooo in per cent first mortgage bonds. convertible in years q, the ratio of two dollars in I"l,Is sor one dollar in stock.
 The United States Smelling and Refining Co. have the property under bona and are behind the rtnrganIza ton scheme.
 John C. Lynch. representing the rpion Trust Co. of San Francisco. hid ,r the Alaska Treadwcil Gold Mining comapny property for $s7l.2o47a al msrshal's snie. He announced that q nsv company would be organized and additional capital secured f"r hevel- opnent work which will start In the spring on an extensive scale.
 The Aux Hay property hns hcen op- toned to H. R. Plate acting in behalf of syndicate of New York capital bis. Development work will start in the spring.
 Faitbanks.-As the result of the spal cleanup the Homestake mine has a gold brick weighing 34s.ss ounces. valued at ss.6s4.45. This is the resul, of the work of ten men for four mnths, and makes an average rf sHsf per ton for the rock handled
 Tho cleanup at the Newsboy for inc ., month totals $S.50O. with ex- psnsss of s6.500. AS result of the uxcsii~:. showing, n syndicate of Fair hanks t-siness men has purchased q hlock of e5.000 shar.s owned by Seat tie people on winch Hey have h'G m oution. The total etock of th1 Eessbny company !s 'zo.0o0 shares. ail of which. with the exception of 5000 shares has been subscribed.
 The output from tho Tannna dis trct this year reached the four mil- Hon mark. making . total sincc 1?o" Of slxty.thrce and onc-half million dollars. All hut about half mil lkn of this years output came from the Fairbanks district Tho shortage from last years yield is due to the drouth that prevailed this season. With the Ruby camp showing increased signs of activity. the outlook for this year Is much better.
 seward.-Two prospcctors named Cage and Baker have discovered n ledge In the Cachc creek district on Nuevet gulch that yielded over $l.oOO in free gold from q 16s-pound sample. This is probably one of the sources of the placer gold in that district as the gold all shows recent recase from the quarts.
 The drift on the 20O-foot level in the south vein at Skecn-Lechncr mine s still in the rich ore. Gold is plainly visible to tho eyc and tho drift is now ts feet below the apex. The tram My and mill are in operation and Samuel l. Silverman says he can keep the min running with only four min- ss working.
 James Kingston, who has just come cut from the Shushanna country where he has tecn since last June, rspofts that although provisions areI searce Considerable prospecting is be- ns done. Lots of new pay has been found on the Gold Fill and the Bo-