The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-09-08

ALASKA COULD
PAY NATIONS
War EXPENSES

The official bulletin of the Territory
Of Alaska for the month OF July has
just arrived from Juneau. and has the
following information concerning the
riches of the territory;
. Considerable attention is now being
/ drawn to the Valdez district for which
there is very good reason In the first
place platinum has been discovered only
eight miles out from that town and
samples sent away for analysis show
platinum to the value of s257 and gold
TO the value OF SIS per ton. The ground
also contains another mineral which eN-
perts believe to be tungsten. .Naldezers'
disclaim any cause for a stampede but
the fact remains that within the very re-
cent past nearly every man in the town
has quietly slipped away to the hills and
located a claim. The ground is admir-
ably located for hydraulicking and there
is water in abundance. The Teikhell
district, also near Valdez. is now being
extensively prospected and many rich ore
samples are being brought in. Several
companies have recently started extern
sive operations in the TeikhelI district.
Another star in the Valdez crown
and ii is a brilliant one-was placed there
by the recent Incorporation in Seattle OF
the Alaska Aerial company for $500, 600,
the purpose being to build five DeHavi-
land biplanes. three of them large and
to cost $50 900 EACH to be operated as
passenger and freight carriers between
Valdez, Fairbanks, Nome and Arctic
points in Siberia. Machine shops for
the upkeep and maintenance of the BIZ
planes will be constructed and operated
at Valdez.
One safe bet In Alaska is being over
locked. and that is the fish oil industry
1.-The cod liver oil industry. TO be more
explicit. 1t is the most valuable of all
fish by-products. the process of extract
ing il is simple and inexpensive and the
vi fer nf Slxa arfir ri
both north and south of the Alaska
peninsula for a distance of several hun
dred miles. reputed to be the best
cod fishing area in the known world.
The livers of cod yield so per cent of oil;
those of dogfish similar amount and q
shark As per cent. All of these oils are
valuable and the opportunities for OBJ
tanning them in Alaska are practically
unlimited. to say nothing of the other
valuable by-products which may be OBJ
tanned from utilizing remaining portions
of the fish. 1t is conservative to state
that fully 10 per cent of the value OF
fish annually taken from Alaskan waters
is lost through discard and waste, due 70
lack of saving and utilizing processes.
This being true, the loss during the
year 1918 when Alaska's fishing indus
try yielded upward of fifty million dol
lars. was five millions of dollars that
might easily have been added to the out
put of the territory and to the wealth
OF the nation. This is a business propo-
sition worthy of investigation and one
which viii not require large amount of
capital to operate. 1t is a safe and sane
investment
A new Alaska fish delicacy is In the
form of smooth paste and Is the re-
suit of series of experiments by AL
bert Martin. manager of the Alaska Ba-
kcnized Fish Company. Juneau. Alaska. |
1t Is high grade product used for sand |
witches. salads. dressings, etc, and is
made from choice Alaska black cod which
Is known for its richness and fine flavor.
The Alaska black cod cannot be excelled
in rich food value. and when bakonized, |
is the king of sea foods.
This company also bakonizes herring |
which is likewise formed into smooth
paste and is made from choice selected
fat Alaska herring. unexcelled among its |
species. this particular fish now claiming
its own in the markets of the world |
Both of these species of fish, together !
with many others. TEEN in the ice cold |
waters of Alaska and may be purchased
at a reasonable price in any desirable |
quantities. Owing to lack of capital the |
company is compelled to confine its OPP
erations to a very small pack putting |
out samples with a view to interesting
sufficient capital for the placing of the |
products the market in proper con- |
tanners and suitable labels. This company
is not incorporated and invites capital |
70 combine with it in developing the un- |
limited fish resources of Alaska.