Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-09-17
HUGE COLD MERGER
FORMED IN ALASKA
= sl 20 Tn Ne-

IUNlWlU IN HlhJNh
= -,,sl ~ IN, Ncv,
Ni.W N,Ek. So o. --Int..uilti.. .,
hos cuiue from rrlahl source. O. the
effect ihti tho great gold pry,-rus- q
ihe Nsld.r Cuck District e Alaska
have been consolidated into u1, ,uu.
panv--ihc Mckinley Gold Pac.rs IN.
: corpora,~l-~ith = capital 90 81 500
600 The Guaranty Trust Company -
New York l. transfer agent aul M.
Equitable Trust Company of N,w Work.
registrar - tho stock
the properties involved constitute
about lasi claims and water lights
amounting e. approximately 70 600 min.
~rs inches. and are ~. same properties
that attracted the attention II the
United states Geological survey a mum.
bcr q voars aru when IN, suy,tnucnt
s"nt a siscbl expedition O. maxi" ry.
Uunnuissanyc survey 81 the Waldo
Greek district H. rsrurt was embodied
! N Bullr'in W iss Witch contains am
sn'"f cstin.; account - the discovery -
gold and - the plunc,r work IN the
Valdez Creek section & Alaska hy a
party including Peter Mmuhsn : =
smith. J NJ. Johnson and }. g CLARK
son.
Thes, rrusrar'ors. Who w.r, the pio.
1r'rs On this sottiun. we're nj concerned
with tho fact that there w-rr millions
~ ruhi, yurd- Il sand and gravel which
couttin-d not less than ,nr dollar in
gold fu every cubic larl Thy d..
niind ! gold whirh could o." easily ~.
tra,t-d IN pglniiii'~ hy hand m,'huds
They had no capital 90 invest tn ,yurr
siN' hydraulic sV>'sHus snd our~l.
qu'n''v. wsr- satisfied when thpv due
~ nugg,tS ~ g"li Worih frun a -,
d"lltrs ~ t~ hieh a. 500 which they
found ~ scattered g,-'ti,sn~ 81 M. unIl
trtv nov owned by tho Mckinley com
ranv
II" Representatives - tn INTEREST,"
whi,h FIRST d.sirpd ,u d,',iup this Nal.
T. 'rr'k di"ri,i IN r. large s.gir ulil
slirhi attention 'irr IN dlsD,NHtv ~
tho r,id nuggets IN mnf-rlt r.,1
tt.d thti this ct- ar ,u'rIl.ris. which, |
demanded thu installation Of hVl-uh
methods o. which an thu Efsi.s 'i
gravel and s0il down - tn. t.-lrH,
could %. d ind'rl ecuu uWirIi', aud in /,
'nurmuus gua niiiief This 90 course
required . hfr" am0uut - capital
n va decided 20 retain The SERVICES
- iorlr's Eic,lii the v'llknuwn min
inE engineer 81 n~nvrr C.irrtd" Mr. /
f.irklrd pr,-reedrd 10 Maid y C-.- B and |
risd" u thurCIsh 'N'Winstiuu q sn ~
hpidiu-s iu thp' krsll,v Tn" r"rwi~
submitted Co., Mr. Ri,inrl W,iv ~ fsN. |
cradle. TINT New England capital To-
same interested IN tho prulrct and /,
th'tc was FORMED tho Valdez Ores !
Placer Mines COMPANY. NJ original /
this now mseuir1tiun. or,iu1e y.r alsH
'r cured con eDo 1rr..s 90 rl3iu.. uv nrd !
lw the Nnushan interests Thrs. in.
clud"d tn 7muu~ Tiwmsny y nrh |
ciaiins win - tunnel from With 'orl l
,ul,is ward extracted averaged S9i iu
ruld
P.l"w tho T,mr.7uv Bench claims |
We ~" rt''"t'v 81 "a" oregon Spsitnt |
Niuir- TumtsrV They were heudictu |
I",l O., th- f,'' that th-y could not prup
trlv work their property without iu |
ttrfcriug si'h The water rights con. |
iIrllsd o. N, new corporation The, 1
claims W'r- eventually taken over hv
IA. Nald,y Ct,.k Flac,r Mines under
O. popiir- arr1ugtm"nt in whi.h th".I !
interests were protected THIS gst, the
corporation total holdings amounting q
about = 0aO 1rirs
-Four thousand miners inth.s - vat.
~ were. la'tt s'al..d an Nall.g Creek Il
I'D M. new company bought from Mn i
shsu and ofhe~s the additional water II
'rht ~ eea min.r~ inches which g,y' n
.n IL ronirui - III ia" wptri on Waldo 4
Creek There also were sfak.d tn II
water rights 81 seven miles above cyl
I'ragg Greek. Tributary '' Valid p v
'r'rk
NJ. gi,Eorl Informed 'h" company lI
hat lies. water right iH.r thH
piop,r handling II i;.oUo "nl .f..' ~
gravel On tucFv Gu''h end 'h'
R.nrh.s this hr.ng ih" "'N Ha'f
ivailail. for htdrHulirkinl 'l.r" f
lis aud ~ .ickprl st't th'' '
should ~. e. 400 600 90 < ID ,''t Of
from these sulr,rs ulsn"
The McKlnl.y guid plrrr l" Dr..
secured N. ru.yir,e ~ G.Drs 7. $50.
Hupn ss manager. AZ S|'tnIu N-
had eighteen years ,Xp"ri. Or. in Nns
n mining Hh- WIS formerly '0n1'- Of
with ths Yukon Goid COMPANY anu p"
recent years has been manager 90 'n
canadian klandyke Mining Iouuir' 1' 4
Dawson Y T Nher' tens e milliuu- n I,
rold hav. ben ffodusod Mr. S'tarh''
asserts that d rs much es'si"r o. w'i
~" N1ldaT fg'-E prIusTtv than th"H"
IN %. sections further north.
Th- most iIlufqLuii td,snnRcs bus
required and row exercised hV tn NJ
;ini-v G,il Pa g. 60. mty o." tf1-
trnIigsd II
=. Tn. rHu'rri uBi,r ,r, "wnrrsmr
nd uIsusr,Iulri g barge group 81
iaimv Through ar entire valley.
Az enormous ard continuous nris
q vurs1hl' r.ari n proved hish s"Id
.ouisnt
O. An In hlu"lil," supply q water
"a D., ifu UiI.ting PURPOSE uT..f
,,-,d 90 srH o. with uWr.rsh .U Yi D..
100 r.iur.s ifrhss sufGtaH' % handle
.b,ut q. nop ,'rds q gravel GER dsy.
.lg4 ~ her water lEh's ualaih'r of hand
w th. f,sf g th' I'ims
Ndruua'. dumping gr.uHds GO DO
4 .fs.1 - telling
4 water vvs''u lras flar tt. 1nd
.r,.b,F miIrs long fI.H fh. H.li gff'
g Oh. H.tsn fu th. .Hrd ,' o. ruur.
This L. go. Of ihr ~hYft,s, 81 'hr -I.1'
,~dr,uur miling 50 stems in tu' WuI.I
"a ,ff.f'ifs mechanical and eng.
,..fing p,put in a'fual oI- fr,tiuu.
~ effici'id ana eKtH fl.f' " uHH
'esiuerf. ;hfrsrb'Y Trfrrsani VIII
l,,lra taie ,Is'.irns tr'0 hIv' svls
San" trn y'ars 'igc ana q lls. ~
tl.'nt us ho-u t"tulr,sl tu ela.pl