Second Division
Hard Hit by
Dry Summer
TDM Bulletin, Sept. 1957
Placer operators in the Second
Division have been hard hit for
water this year as have other
placer operations thruout Alaska.
The abnormally dry summer
has held some miners down to a
few minutes’ sluicing a day or
even less. In some of the larger
poerations it has been difficult to
keep dredge pond levels up.
Kennecott’s exploration divi
sion, Bear Creek Mining Co., is
continuing its exploration on the
Ruby Creek copper prospect north
of the Kobuk River. This prospect
was formerly being developed by.
Jack Bullock of Kotzebue and
Riny Berg of Chitina.
The Dahl Creek Mining Co. is
building a road to the prospect
for Bear Creek instead of mining
this season.
* * *
Gold Interest Reviving?
The Canadian mining newspa
pers have been carrying items
and editorials lately on a very in
teresting trend. Interest in gold
mining is on the increase in Can
ada.
If it continues, the Canadian
optimism should spread to the
U.S.
There are probably two or three
things which have started this
trend. One was a significant state
ment by U.S. Treasury Undersec
retary Randolph Burgess that this
country should get back on the
gold standard.
This is quite a statement for
one that high in an administra
tion that has repeatedly come out
■. ... ' - ... .'"—fc
THE TRADING POST
Three-Quarter Length Parkas
Nylon Down-Filled Parkas
Insulated Rubber Boots
Army Cots and Mattresses
Parkas, Jackets and Liners
At The Trading Post
Sitka Pulp Mill Scheduled To
Start Operations About Jan. 1960
By STAN PATTY
Seattle Times Staff Writer
SEATTLE, WV-The Sitka mill
of the Alaska Lumber & Pulp Co.,
will start operations about Jan.,
1960, Thomas R. Stein, mill man
ager, said here Monday.
Stein said the $55,000,000 mill
will employ 800 persons and pro
duce 120,000 tons of pulp yearly
for shipment to Japan.
Barges from Seattle and Ta
coma will carry chemicals and
machinery for the mill five miles
south of Sitka on Baranof Island.
against any moves toward a gold
standard.
Then there were announcements
from a few eastern Canada gold
mines that profits were up in
spite of increased costs.
More inquiries to the authori
ties on gold are being received,
and generally speaking, a sudden
widespread interest in gold seems
to have sprung up over there.
One report was received of
capital looking for a good idle
mine just to hang on to until
times were better for gold.
Some “experts” figure that for
eign countries holding TJ.S. paper
currency are beginning to worry
about a shortage of gold at Fort
Knox to cover it, and are think
ing they should trade the paper
for the gold before the paper gets
deflated any further than it al
ready is.
Whatever the reasons may be
for this new trend, we are glad to
see it and hope it continues.
Time will tell.
_
PARKAS
& MUKLUKS
ORDER NOW!
WILL BE FININSHED
IN TIME FOR
COLD WEATHER
The mill will be operated almost
entirely by Americans.
Some site clearing has been
under way this summer. Stein
said construction will begin next
spring.
Stein said the company has
loaned the City of Sitka $2,000,
000 to construct the first section
of a dam and power plant. The
company will buy water from the
city for the pulp-making process.
Later, Stein said, Sitka will
seek financing to complete the
dam to its full height of 360 feet.
Stein said the loan was ad
vanced because the company
wanted to assure reasonably
priced electricity for mill work
ers who settle irj Sitka.
The mill will use a magnesium
sulphite process, -which includes
a chemical recovery cycle. It will
be Alaska’s second pulp mill. The
first is near Ketchikan, i
Alaska Lumber & Pulp Co.,
Inc., was organized by the Alaska
Pulp Co., Ltd., of Tokyo. The
stock is held by 76 Japanese in- j
dustrial groups. i
IN THE PROBATE COURT FOR THE
TERRITORY OF ALASKA, SECOND
DIVISION, FAIRHAVEN PRECINCT
IN THE MATTER OF THE ESTATE of
ALFONSO J. MAURENSE, deceased
No. 27 Probate
Order Appointing
Time For Hearing
Final Account and Report
JERRY MANNING, administratr of
the estate of Alfonso J. Maurense, de
ceased, having this day filed in this
Court and matter his First and Final
Account and Report and Petition for
Final Distribution and Discharge, pray
ing that a day be appointed for the
hearing thereof, it is hereby
ORDERED that the 10th of October,
1957, at the hour of 2 o’clock in the
afternoon of said day be, and the same
hereby is, appointed and designated as
the time, and the office of the United
States Commissioner, Ex-officio Probate
Judge for the Second Division. Fair
haven Precinct, Territory of Alaska as
the place, for the hearing of objections
to the said Account and Report, when
, and where all persons interested in said
estate may appear and object to said
account and where and when said ac
count be heard and settled; and at said
hearing the Court will determine what
persons are to take the estate under the
intestate laws of the Territory of Alaska.
It is further
ORDERED that notice of such hearing
shall be given by publication of a notice
of the time and place whereof, once a
week for four consecutive weeks in the
Nome Nugget, a newspaper of general
circulation published weekly in Nome,
Alaska, and that proof of such publica
tion be filed herein.
DONE IN OPEN COURT this 16th day
of September, 1957.
Herbert J. Jenks,
Fred D. Crane Probate Judge
Attorney at Law
Nome, Alaska
Publish Sept. 18, 25, Oct. 2, 9, 1957
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