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Lot 1540: ALASKA TREADWELL GOLD MINING CO.
29 October 2016
Brussels, BelgiumLive Auction
Description: 22 July 1890 ALASKA. SAN FRANCISCO. 50 Shares of $25. brown, black. No 8602. Some discoloration and a little edge-damage at the bottom. Inc.1889 to acquire gold-producing properties in the Gastineau Channel Area. John Treadwell was sent by San Francisco interests in 1881 to check reports on gold in the area. He opened it up andstarted the company. The mines were rich, and became famous. This company bought out all interests for $4.000.000. The Treadwell mines were at their peak in 1915. Over 2.000 men worked there, producing 5000 tons of ore a day. The 36-year history of this efficient and innovative operation came to an end in 1917 with a big cave-in which flooded most of the mines. Vignettes of mining, and of the Alaska Mountains.
Condition Report: F-VF