Rensselaer Semi-Weekly Republican, Volume 19, Number 8, Rensselaer, Jasper County, 1 October 1897 — OUTDOES KLONDYKE. [ARTICLE+ILLUSTRATION]

OUTDOES KLONDYKE.

A Corporation with $25,000,000 in Capital to Operate Alaskan Mines. A gigantic corporation, which is to be capitalized at $25,000,000 and at the head of which is John Cudahy, the packer, is being organized to develop nearly all ihe gold quartz mines in eastern Alaska which have been discovered up to. this time. The corporation will own properties the present value of which at the lowest estimate is $50,000,000. The prospective value is several times $50,000,000. The organization is an outgrowth of the North American Transportation and

Trading Company, which was incorporated five years ago under the laws of Illinois with a capital stock.pf $450,000. it had two objects—doing business as a common carrier and selling merchandise, and also prospecting for minerals. John Cudahy is the largest individual stockholder, and is understood to control a majority of shares. He has personaly directed all the matters pertaining.to mining. The company has prospected the mountains of eastern Alaska for five years, employing the best experts who could be induce.! to go into that region.

JOHN CUDAHY.