CAPTAIN PEABODY MAKES
IMMENSE COPPER DISCOVERY
Captain C. L. Peabody, a well known
mining and transportation man of Al
aska. who Is In Seattle with his finan
cial associates, believes he has dis
covered near Valdez, a body of copper
ore, which will rank with the great
Cordova Latouche and Ellamar prop
erties. It lies In a direct line with
those producing mines, and mining
tnen In Valdez believe it to be an ex
tension of the same or© body penetrat
ed by them. It is Just across the di
\ lde from the big Granby copper mine
and is about fifteen miles from Valdez.
The Peabody-Alaska Copper Corpora
tion, of which Thomas H. Pickford, a
capitalist, of Washington, D. C.; A„ V.
Brauer, of the Great Lakes Steamship
Company, and several other eastern
.nen are the officers, owns the prop
erty on which the discovery was mad
The property consists of thirty-three
claims on Sulphide creek "We did
not know when we took over the prop
erties Just what they were," said Capt.
Peabody yesterday. "Now that
nave discovered these large and ver
accessible ore bodies, the corporation
stands ready to go ahead. We a e
already In communication ii
York firm to get estimates on the cost
of a tramway flow the mine to Valdez,
a distance of fifteen miles. It prob
ably will cost $10,000 a mile.” Capt.
Peobody attributes the discovery of
the Immense copper deposits to s freak
iif nature. Almost all the snow on
the mountain tops near Valdez was
melted by warm weather last spring
and summer, he savs and this bared
the outcropping copper T.arge ledges
of ehalco-pvrlte and malachite ore
were discovered a few weeks ngo.
Oript Peobodv sa'-« the ehaleo-pyrite
will run about $? n ton and the mala
ehlte about $70 The S3 claims
lie along the fare of a mountain The
ore lies on the surface and f'apt Pea
body says it can be mined cheaply be
cause It will not require the sinking
of any shafts. Ii will practically be a
surface mine. Contracts have been let
for some tunnel work.—P.-I.
STEFANSS9N TELLS OF
GREAT PRESSURE RIDGES
Mm li stained with smoke and seal
i/ll, a letter came to Prof. W. H. Hobbs,
uf the University of Michigan from
Vilhjalmur Stefansson, Arctic explor
er, from his camp on the southeast
coast of Itanks land. In about 73 de
grees north latitude.
Ills letter was written January 13
last and was lemalled In Ottawa un
October 14
tin a little trip during the absence
of the sun, 1 have with me your
'Barth Feathers to read something
profitable when one circumstance or
another keeps me in camp.
| "I cannot find the reference now.
but I think you speak somewhere of
Nansens statement that pressure
ridges of sea ice are never over 30
feet high— at any rate, i remember he
says so in ids l arthereat North.'
' i have seen many pressure ridges
lio feel high. I have a photograph
of a man on top of a single piece that
,is over Go fuel high. 1 know several
whaling captains who consider it a
matter ol common knowledge tliut
pressure ridges may he us high as
, their crow's nests 3;> to luu feel over
tin* sea. apparently Nansen never
Lsaw and it seems I’eury never saw
it ** pressures that compare with those
i • • 11 tin* Alaskan const.”—New York
World
i'ailing Cards .11 the Nugget office.
HARVESTING
(Los Angeles Times.)
When the war broke out and Eng
land fettered the seven seas against
Herman commerce, the United States
wan cut tiff from a great many valua
ble materials used In manufactures
Among these was potash, used In fer
tilizing and alao for the manufacture
of gunpowder. More than a year ago
attention was called to the Immense
kelp crop growing spontaneously in
the ocean oft California coasts as a
certain source for an unllmted amount
uf potash. Steps were Immediately
taken for the organizing of the Indus
try to utilize the kelp for this purpose.
Now comes a story that one of the
great powder manufacturers of the
country has decided to spend $5,000,000
in this enterprise toward obtaining
chloride or potash to fill war orders.
I It bus been difficult to harvest the
1, i-op of kelp, but American genius In
! the person of George H. Marked, sec
retary and general manager of the Her
cules Powder Company, Is reported to
have constructed a submarine reaper.
I’iils reaper will cut the kelp In six
indi lengths, and these will be sucked
.ip by a pump into a big wire basket.
The kelp thus prepared Is taken ashore
iml placed in u roasting vat. the need
ed chemical substance being afterward
| extracted, it is said that chloride of
potash, formerly obtainable in the gen
eral market at $35 a ton. Is now sell- j
ink at about $200 a ton.
Calling cards printed at Nugget cMice
THE COST OF
DIGGING IN
(lies Moines Register.)
It is a matter of curious interest to
know that twico as much dirt has been
moved on the western line of the war
by the French and German soldiers
in preparing the trench warfaro, ns was
taken from the Panama canal.
For more than 500 miles from Swit
zerland to the channel, four, five and
six trenches have been dug on either
side of the dead line, each trench av
eraging five and one-half feet in depth,
dug by private soldiers, with little
war spades, an expenditure of human
effort almost without parallel in peace
I ill times.
Hut curious as this item of the rec
ord mny seem how ninny as they affix
their attention to it, will consider for
a moment what it must mean to tho
permanent fertility of the richest
plains of Europe, which have suffered
such an enormous upturning of bnrren
subsoils.
Those who have had occasion to noto
the slow degreo by which our Iowa
clays, left in the process of surface
drainage, take on a cultivated and
civilized appearance will ho ablo to
form some notion ot what is ahead of
France when the work of rcstoralloa
begins* It will lie years beforo tho
farmer will harvest even half a crop
on the acres of this trench warfare.
If there were nothing else to condemn
the insane exhibition of folly in Eu
rope it would tie the energy that has
been spent in destroying tho fertility
of France. If anything could bo more
hopelessly and criminally ridiculous
than living in ditches like rats, it
would be the wnsto of energy expend
ed in digging the ditches
Falling Cards ct the Nugg« t Oflloe.
100 TONS OF BRAZILIAN BEEF
SHIPPED TO NEW YORK
(Indianapolis News.)
The ultimate consumer may find
some encouragement In tho fact that
thero arrived in New York tho other
day a consignment of 100 tons of Bra
zilian beet. The meat came from an
abattoir in Sao Paulso, was shipped
by rail to Santos, and thence by re
frigerator steamer to Now York. The
consignment was from tho Continen
tal Products Company, of Santos, to
the National City bank, of New York.
This is said to have been the first
shipment of beef ever received from
rtrazll. Up to tho present time, the
Argentine has been the only beef ex
porting country of'lmportance In South
America, though Uruguay and Para
guay have made shipments.
Capital is said to bo scarce in Rio
de Janeiro, and tho now entorprlso in
Sao Paulso is credited to American
interests. Chicago beef packers have
already established thomselves firmly ‘
in the Argentine, the Armour corpora
tion, for example, opening on July 0
the Frlgorlflco Armour do la Plata.
Tills establishment is one of tho larg
est of the kind in tho world having a
capacity of 1,200 cattle, 2,000 hogs and
2,000 sheep daily. Tho plant at Sao
I’aulso is not so largo, but it is equip
ped to do considerable business, and
Brazilian stock growers hope that a
satisfactory trade can be built up. The]
Amorican consul general at Rio dej
Jenelro has been instrumental in get
ting this new branch of commerce un
der way.
Whatever effect Brazilian beef may
have on prices in North America will
not bo felt until after the war.A year
ago Argentine beef was coming Into
this country at tho rato of 8,000 tons
a month. Since then, on account of
the demand in Europe, tho quantity
has diminished. Should Brazil be able
to develop a considerable trade within
a short time, It Is believed that much
of the moat would necessarily go
abroad. Beef production, on account
of the excessive demands of tho war,
is falling behind consumption. Between
5 and 10 per cent of the American
beef supply is now obtained from South
America or Australia
J BOARD of TRADE *
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