The Nenana news., 1922-10-10
COAL COMPANY OFFICERS
 NAMED AT YEARLY MEETING

The annual meeting of the stock holders of the Healy River Coal Corporation was held at the offices of Dr. J. R. Bowen yesterday af ternoon, for the purpose of elect ing officers and transacting other business of importance to the or ganization. Dr. J. R. Bowen was reelected president of the company, A. E. Lathrop was named vice presi- dent, and R. S. Donaldson will con- tinue to serve as general manager, being also secretary and treasurer of the company.
 The company will be able, within a few days, to begin shipping coal over the new spur which leaves the main line about mile, south of Healy and a material reduction in the price of fuel is promised all sections which can be served by the company. The price at Nenana will be S390 in the car, S4.50 at Fair banks and S750 delivered, at An chorage. The reduction in price is the result Of improved methods of mining and a lowering of freight rates on the Alaska Railroad, effect i've in the near future. The company will be able to ship 200 tons of coal daily as soon as the spur IS com pleted, and the output can be in- creased later to meet any demand that may arise. The first shipment probably will be made during the coming week.
 The new town at the mine, which has been named Suntrana, Is as surning proportions rapidly. The Pat Lynch hotel will be ready for occu- pancv soon, and a number of dwell ing houses are now being erected. A moving picture theater will De built later by Captain A. E. Lath- TOD. ...... :. :. ~s=." ... -.:.
 Geo. W. Evans, consulting coal mining engineer, of Seattle, who visited Sultrana recently to make survey of conditions, at the request of the company, expressed himself as follows. in a letter to Manager Don aldson, after an exhaustive lnvesu- gation of the properties:
 .... II will of course cover the result Of my examination in detailed re- port to your company on my return to Seattle, but at this time will state that with the numerous beds of good quality sub-bituminous out cropping on your property, you should be able to supply fuel needs of the Interior of Alaska at a price so that people will not hesitate to change from wood to coal and also be the means of promoting exten- s4ve industrial development where cheap fuel is a factor.
 The extra thick beds of coal on your property might be little mis- leading from Q standpoint of esti- mating coal mining costs. You will find when you come to develop your mine that numerous items of cost will creep in from time to time that you little suspect at this time but, I also believe that you will be able ia mine the coal at low enough urice to encourage the reopening of the placer deposits of the h. terior of Alaska.
 There is sufficient coal in sight on the property to last for a great many years without sinking below water level and with systematic methods of mining employed, very large percentage of this coal will be recovered.
 'sThe coal, although not of as high grade as the naval coal at Chicka- loon. will be mined at much lower price and with properly constructed burning equipment, very good results should be obtained. It will no doubt interest you to know that the Union Pacific Railroad in the State of Washington, is burning a coal of in- ferior quality on it's railroad and getting very good results. Locomot- ives and power plants can be so equipped that this coal will prove very satisfactory.
 It will require a little education on the art of the average consum- CT to become accustomed to using