The Alaska daily empire., 1920-03-09
COSTS PREVENT NOME
 FROM GROWING
Continued from Page One)

Continued from Page One) tial industry whose present state is infinitely small compared to it's ultimate possibilities if the cost Of transportating and marketing the products were such that our pacy- CTS could compete with similar con cerns in the markets outside. The present freight rates on> coal to the cheapest rate any commodity to that place carries
 Cold Prevents Dredging
 "The majority of the dredges did not begin operations the past sea- son until late in July, s2ys MT Reeds report, due to the fact that the ground was frozen deeper than at any time in the history of the camp The report continues to say that the past season was wet and cold and in some instances the ground did not ttaw sufficiently to permit operations, and several ma chimes remained idle the entire sea son..
 Mir Reed says the experiments Of the Alaska Mines Corporation in thawing frozen ground with cold wa ter have met with favorable results, and great things are expected from the discovery. This company has taken an option on the Wild Goose ditch. and it is installing two miles of pipe line to carry water to its , frozen dredging ground.
 Electric Power Will Help 1 The General Electric Company, ac- | cording to MT. Reed, through Capt. i w. II. Wright, its representative, has made contracts with the operators i in various parts of the Peninsula to take electric power from it, and it has purchased the holdings of An drew J. Stone. paying $S2.000 for them, taken options on various prop critics in the Kougarok, and is pre- pairing to install a power plant with a capacity of 75,000 horse power at cost of $3,OO0,000. It is proposed to begin construction work early in the Spring, and it is believed it will do a great deal toward assisting in bringing prosperity to Nome
 Du Pont Powder Company May Take
 Over Pioneer Holdings
 MT. Reed says it is reported that the Du Pont Powder people have options and are contemplating taking Mining Company and the Wild ooose Mining Company at Nome. Terri torial Senator James Frawley repre- sents the Du Pont people, and he has secured option, in addition to the Pioneer and Wild Goose hold ings, on great deal of the prop crty in the foothills extending from Nome river on the East to Penny River on the West. It is said, ac- cording to MT. Reed, that this com pany has $20,000,000 available for the purchase. development and oper- ations of these vast properties.
 Silver-Lead Ore Looks Good
 Soderberg and Anderson have 800 tons of silver-lead ore on the dump on their Independence Creek prop erty, which they worked all sum- mer, and they purpose to haul it to tide water before the winter snow disappears. It is said that samples of this ore assay as high as 5000 a ton. A crew of 12 men are em- ployed this winter in development work on the property. and it is ex pected that the company will ship from 1000 to 2,00O tons of ore to- the smelter during the coming sea- son. Independence Creek is a tri- butary of the Kougarok
 Tin Properties Promising
 ,The tin lode mines on Lost River. which were bonded by New York group of capitalists two or three years ago, have been worked cor tinuously with a crew of 25 men developing the property. They have expended $200,000 up to date, and Cheir plans contemplate the invest ment of $2.000,0V0 before they are through. These include the con strnction of railroad from the mines to Grantley Harbor. It will require two years to complete this work.
 The production of placer tin was limited to 54 tons, Is tons of which | are still on Buck Creek where 1t was mined. It was not taken out on account of the continuous storms of |! the latter part of the season. It will be brought to Nome next Spring. and will be included in the til shipped during the open sea- son
 Storms Damage the Nome Jetty