FREE BOOKS

Author's List




PREV.   NEXT  
|<   64   65   66   67   68   69   70   71   72   73   74   75   >>  
vertaxed transportation companies. There was about 12,000 gallons of whisky imported into the territory from Canada the past year. Smoking tobacco was selling at $1.50 a pound and good plug cut and fancy tobacco was selling at $2.00 a pound. The demand for medicine is very light, but the local traders carry a small stock of patent and proprietary medicines. CHAPTER V. MINERS' LUCK. The reports already received of the finds of gold seem beyond belief but the greater part of them are actual facts, and the following came under my personal observation:-- Alexander McDonald, on Claim No. 30, Eldorado, on the Klondyke, started drifting on his claim with four men. The men agreed to work the claim on shares, the agreement being that they should work on shares by each receiving half of what they could get out. The five together took out $95,000.00 in twenty-eight days. The ground dug up was found to measure but 40 square feet. This was an exceptional find. The men are of course working the claim and had 460 square feet on the claim still to work out when I left for the East. People in the East or elsewhere can hardly realize what a small space a mining claim is in this vast and comparatively unexplored territory. William Leggatt on Claim No. 13, Eldorado, together with William Gates and a miner named Shoots, purchased their claim from a miner named Stewart, and his partner, for the sum of $45,000.00. They did not have money to make the payment in cash but made a first payment of $2,000.00 with the agreement to pay the balance of the purchase price, $43,000.00, prior to July 1st, 1897. They sunk a shaft and commenced taking out $1,000.00 per day. They worked the pay dirt until about May 15, 1897, when they found that they had taken out $62,000.00, and the space of the claim worked was only _twenty-four square feet_. A young man who went to the Klondyke recently writes that he is taking out $1,800.00 a day from his claim. It is stated on good authority that one claim yielded $90,000 in 45 feet up and down the stream. Clarence Berry bought out his two partners, paying one $35,000 and the other $60,000, and has taken up $140,000 from the winter dump alone. Peter Wiborg has purchased more ground. He purchased his partner's interest in a claim, paying $42,000. A man by the name of Wall has all he thinks he wants, and is coming out. He sold his interests for $50,000. Nearly all the gold is found in the cree
PREV.   NEXT  
|<   64   65   66   67   68   69   70   71   72   73   74   75   >>  



Top keywords:

square

 

purchased

 

Eldorado

 

worked

 

Klondyke

 

shares

 

agreement

 

partner

 

William

 

payment


taking
 

twenty

 

ground

 
tobacco
 

selling

 

paying

 

territory

 

purchase

 
balance
 

interest


Shoots

 

Nearly

 
interests
 

coming

 

thinks

 
Stewart
 

yielded

 

Clarence

 

stream

 

authority


stated
 

writes

 
recently
 
commenced
 

Wiborg

 

winter

 

partners

 

bought

 

MINERS

 

reports


CHAPTER
 

patent

 

proprietary

 

medicines

 
received
 

actual

 

belief

 

greater

 

traders

 
whisky