Show THE GREAT TREADWELL MINES perhaps the most noted mining district in all alaska is on douglas island says the new york telegraph 11 where the noted treadwell in mines ines are located douglas island was discovered in the spring of 1881 placer mining had been carried on for several years followed by the erection of a fine stamp mill by ohn john treadwell an old california quartz miner in iner after prospecting a season treadwell returned to san francisco Franc lEco and interested sufficient capital to erect a stamp mill which was finished in 1884 from this start has grown the biggest mine lo 10 ig 1 the world millions of dollars invested in mining plants the largest and most economically conducted in hi the world and owners employing all modern metho ads doof of mining at a great cost combine to make the treadwell mine the greatest in the world the average ore is only per ton but still by using modern methods and economy dominating t every process the owners have made millions of dollars in dividends every year the owners owners of the treadwell mine figure on a profit of a ton on the output of a thousand stamps which is tons per day making 0 a profit of a day the success of the treadwell owners is due to the following old maxim the development of a mine is exploration the sto sloping piny and of 0 working 11 a mine after it is dev developed eloped is exploitation A good maxim in mining is to keep exploration well in advance of exploitation the controlling interest of the treadwell mines is owned by the of london the concentrates of this property are shipped to the smelters shelters sm elters at everett and tacoma in the state of washington the owning the controlling interest in these shelters smelters sm elters rs the tre treadwell adwell vein at a depth of feet is about feet thick between the walls the miners are working in the famous glory hole from which the ransom of a nation nat 0 h been taken a 3 everything is run throw through mill of the the 6 some ore will run only went cents a ton and the next ton twenty but averaging 0 ling in the years outa output perhaps ut per 20 I 1 ton douglas island is a mountain of ore located in southeastern alaska on Gastin eaux chan nel directly across from the island is the town of juneau the most enterprising town in alaska with a population of about 4 white residents an intelligent industrious and law abiding class of citizens the total amount invested in real estate and irn improvements prove in juneau alone amounts to 1 lt and the stranger entering the city finds him han self walking on sidewalks and planked blanked streets street and is reminded that he is in a modern and up to date town |