The Alaska daily empire., 1917-01-25
Mining Man Has Opened Offices in San Francisco For One
 Company
MAY MINE FOR IRON ORE
Iron and Steel are Now Being Investigated By Thane Exploration
 Concern

The general offices of the B. L. Thane Exploration Department of the Alaska Gasttneau Mining Company, Of which B. l.. Thane, manager of the Alaska Gastineau Mining 'om' pauy. is the head have beeH trans, ferred to San Francisco, and Mr. Thane will spend a considerable DOT, ton of his time at that place here. after. according to a statement made by him this morning, Mir. ThGne will remain at the head of jhc Alaska .Gastincau organization, and this will require his presence at JuhC9u also for a great deal Or the time. The exploration company will extend its operations lo Washington Oregon and Calif0r1l auI other states and Mexico. That is the reason lor the transference of its headquarters. Among the important things that the exploration company is considerina and Investigating is the iron and steel business on the coast. Iron deposits are being Investigated in Alaska, British Columbia. Washington. Cali Iornia. and Mexico with view of de-. yeIoping them.
 Mr. Thann and his private saere. tary R. C. Hurley returned from San Francisco on the City of Seattle last night, and were busy at yAe Alaska Gastineau offices in the Goldslcm building this morning.
 l.r. Thane sail that the announce meut of specific plans of ,h' eAplcr- ation company at this time would be premature, but that it could be said tEat iron deposits are silucteI at several poruts in Alaska unI that 1t. ls believed they can be rrai.r5Jly worked. He said the same of other deposits situated in the sections mca. toned
 One Of the pressing demands of the Pacific coast is the development Of. an iron and steel industry. Freight charges on iron and steel run from $l2 to $20 a ton. and that is hamp. ering development in many ways With iron and steel produced or the coast there would follow many manu. featuring industries that are not profitable here now, and we'll as a great deal more building and min. ing development
 Alaska OuElook Good
 Mr. Thanc said that the outlook for ! the future in Alaska is good. While l the cost ct material, which is aD- 2royimateiy 100 per cent. higher Ian l during normal times, will delay da l selopment of some Of S,e gold prop l critics in Southeastern Alaska. notably l the KeDsington, it will be more than ! made up by increased activities and ! profits in copper mining and mining ] for other metals and in fisheries de. | ;e,opment.
 States Prosperous.
 There was never greater prosperity [ U the country at large, said Mir { Thane than at the present time california IS particularly favored iD ] his respect. He said that there isl more money in San Francisco than over before in the history of the city | Not only Is there great prosperity ir ! the agricultural and mining industric. | )i that State, but manufacturing is being developed as never before. The | 3il fields or California are producing a year alone, and the profits of this and other industries Ire piling up in the banks of the | State.
 Here Until March
 MT. Thane vii! remain in Juneau | until March, and then will return tel San Francisco for a time where he | las offices in the Hobart Building, one ! of the leading office buildings in he city.
 Mrs. Tnane will remain in Saa | Francisco, where little Miss Fay is | intending school.
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