DECLINE OF PRICES
OF ORE EXPLAINED
(.From Fairbanks Citizen.;
A year ago last spring Si Scrafford
and other kindred spirits who follow
mining and keep track of the prices
of various ores, as quoted in the min
ing Journals and magazines, made the
oiseovery that there were other ores
here which could be mined at a profit.'
Tre raise in the price of the pure
nultCls "was' undoubtedly occasioned by
tl■: great European war. One of
thtse ores was antimony.
Mr. Scrafford, when he made the
d aeovery wa3 In New York city at
tempting to raise capital to go through
with the quartz mining deal here.
He immediately dropped the quartz
deal, however, when he saw the quoted
pi ices of antimony and realized that
it would stay high, for a time, at
least, for he knew where considerable
antimony could be found In the Fair
banks district. The result was that
last winter Fairbanks had the largest
antimony mine lln the world.
But the bottom has now dropped out
of the antimony market, as well ns
the tungsten market, tungsten having
been another ore which raised In
value rapidly on account of the war.
In fact, tungsten, which formerly
brought a price of $105 per unit, is
now quoted at $3.60 per unit, while
antimony which was formerly as high ^
as 65 cents per unit, Is now at 12 and |
one-half cents.
But, as was stated a few days ago !
by a well known local metallurgist,
there are enterprising miners In other |
parts of the world, as well as in Al
aska. They, too, noticed the pheno
menal rise in the price of antimony
and tungsten after the European w>r
had been going on for a few months,
and, like Mr. Scrafford and other
Fairbanks miners, knew of places
which had made good showings of an- ,
tlmony and tungsten.
The result was that all of the min- 1
ing men interested "got busy" at
practically one and the same time.
The flr9t shipments did not flood the
market, and therefore the price con •
Unued to stay up, but as soon as the ,
Chinese ores began to be shipped the
price dropped. For China Is a big
antimony producing country, and the
ore can be mined much cheaper there
than anywhere else in the world.
Which 13 the reason why there are
between 730 and 1,000 tons of antimony
and tungsten ores from the Fairbanks
district lying on the docks at Seattle
at the present time. Whether or not
the market prices of the ores will
rise again remains to be seen. But
the Fairbanksans who own the ore are
optimistic over the .situation being de
termined to hold their property un’ll
the price goes up again For at the
present quotations the ore would not
pay for its mining and transportation,
let alone a profit to Its owners. '
ALASKA NOTES
:V" ,
! (From Our Exchanges.)
A. J. Lou3sac, who has been operat
ing drug stores at Juneau and An
chorage. has closed up his Juneau
store and will move his stock to An
chorage.
William Kelton, of Ketchikan, a
fisherman on the halibut schooner J.
P. Todd, fell overboard from that ves
sel while on the banks and was drown
ed.
Anchorage has two hundred chil
dren of school age, and the school
board of that place has been obliged
to rent additional quarters to accom
modate them all.
Jack Beaton, the discoverer of gold
in the ldltarod country, has secured
options on a large tract of ground on
Moore creek, and will Install a dredge
there.
A1 Beet and his partner, David, a
relative of Commissioner David ot
Anchorage, are reported to have made
a big strike on the upper Talkeetna
river. They have located twenty-four
claims along a 40 foot ledge of the
rich in copper, gold and silver.
Dan Noonan the chief steward of
the steamer Admiral Watson. wa3
recently married in Seattle to Miss
Margaret Teresa Ryan, of Rosemont,
Pa. The couple have been sweethearts
for ten years and the lady came
across the continent to wed him.
The recently announced raise In the
price of timber by the forest service
from--$l to $1.50 per thousand feet,
is applicable to the Chugach and
other forests In Alaska, as well as the
Toqgass, according to recent an
nouncement by Forest Supervisor
Welgle.
At a session of the district court
at Anchorage recently the case of
M&hl and Hitchcock, agents, V3. the
Crow creek mining company for $50,
000 damages alleged to have been,
sustained by the dumping of tailings
on the property of the plaintiffs was
heard.
The excellent time made by the
Valdes-Falrbanks mall stages have
spurred the Fairbanks Commercial
club to fight for an all the year round
service over this route. The mall
from. Seattle to the interior reaches
Fairbanks two days earlier by this
route than by the Cordova route, and
, ten days earlier than via Whitehorse.
Many tourists have brought in thrir
own,.autos this year and are taking
* the trip over the government trail to
Fairbanks from Valdes. It is said to
be one of the finest scenic routes in
, Alaska—370 miles of glaciers, moun
tain torrents, waterfalls and lofty
mountains. The roadf house cuisine Is
moat excellwent. and fishing and hunt
ing along the trail is good.
% _
Robert Griggs, head of a party of
scientists who recently investigated
conditions at Katmat, on the Aleu
tian Peninsula, declares the main cra
ter of the Volcano to be one of the
largest In the world. He says the
' claim made by the natovea that the
colcanp bltw Its head oft. In the 1911
eruption is literally true.
%'
According to advices received from
the coast, one of the Insane patients
became very hard to manage on the
v ’
.V
trial. She attacked Marshal Erwin,
| hitting him between the eyes, shat
tering his glasses, and tearing his
face. The marshal’s party drove most
the night to reach Chitina In time to
! get through to catch the train.
!
The homestead of Col. Revel, near
; Seward, which he nearly lost on a
! technicality, will be patented, accord
ing to advices recently received by
the attorney for the claimant from
Washington.
’’Moose" Baxter, Ed Hardy and
John Burns were arrested recently at
Juneau on warrants charging them
I with refusing to assist an officer In
I the discharge of his duty when called
upon to do so.
I _
Two Seward women were out flah
1^ ing for trout recently when they were
surprised by two big bears walking '
out on them. Instead of fainting, as j
; many women In the states would
1 have done, they coolly laid down their !
| fish poles and each got a bear the first ]
j shot. The bears in the Seward soc
| tlon will let tho3o two women severely i
alone after this. I
■
BOARD of TRADE :
Restaurant i
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THE HOME OF THE BIO ;
BAKED POTATO. ;
Every day from • to 8 p. m. '
We make a epeoialty of New <
England Boiled Dinnera Friday ,
and Sunday. '
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June iOth,
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VALUE S51.00
The Corona is at once a necessity and a pleasure.
One chance free with each 50c purchase
or payment on account
THIS MAIL
Will reach the outside about Xmas, come in
and see our beautiful line of Xmas and New
Year’s cards.
Hill's Pharmacy
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I Vests At CHEAP JOHN S Store §
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iO In ttm form of leather work boxes and baskets aa well a* fancy §
5 cnndy boxea filled to order with delicious chocolates or other can- 2
j O dies according to your fancy. g
5 Salted Almonda and Peanuts made especially for the last sailing g
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I Rose (dndy Store and Arctic Bakery \
g BOLE AGENCY OF AUQU8TINE A KYER CANDIES.
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pnuvuvum-.mv.un
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EVERYTH !NQ
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PIRST-CLASS I
AVNMMVVWH^yWVWyWWVk
I; COFFEE HOUSE i;j
AND BAKERY |:j
| Raeommand Ita alaan and whole -
1 11 oome bread and paatry of all < ’
|' j klnda J >
I; Wa oa«ar «a family trade ! >
11 Orders far antartalnmanta < [
■ | promptly filled. . J |
---—J
Chas. W. Reed
Machinist d Blacksmith
OatoiiM Bogina* tlotot*
Bolter*. Pip* a ad Pipe
Fitting?
No. 5 Front St.
..
|| The j
| LOBBY ]|
; | WtUtrfrtii & Rutlutrom j
Proprietor*
I The |
Angeles
A. Q. OLIVER |
PROP.
Phone Main 33
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amimiimuHuasci
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Oee Hall A Albert Hartman,
| Proprietors
RHONE MAIN tie !
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\ ATHERTON BOURBON
( Direct from Bonded Warehouse !
! RAINIER ORAUQHT BEER \
Rlneet Brands e# Wine*, Ltquors
end Cigar*.
| Water j
i usual winter rates < >
16 buckets.J1.00 ] |
per barrel .EjOcts | |\
For prompt service
Phone White 90 ::
• « >
Wm. Pangmanij
N#w Edition
4
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FRESH EGGS
PACIFIC (01D SIORAOE COMPANY
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