There is no abatement of the Klondyke fever in Seattle, and it appears to be extending all over the Northwest. Hundreds are being liberally grubstaked and experienced miners are in active demand. From $500 to $600 is given them and they share half their finds.
The first mining company to file articles of incorporation is the Alaska and Yukon Exploration and Trading Company, Limited. The capital stock is $200,000, fully subscribed.
Every claim within miles of the Klondyke is taken up, and nearly 5,000 people are at the new diggings. Those who got in late have gone further to the northeast of the Klondyke, looking for new locations, and the matter of hunting gold in Alaska has resolved itself into a proposition of finding a mother lode and new pockets.
There is an enormous demand for miners' outfits in Seattle and in San Francisco, and the outfitters' employees are working night and day.
It is believed that it will take all the steamers and idle sailing vessels on the Pacific coast, from San Francisco to Seattle, to carry the gold-seekers now preparing to start for the new Eldorado of the Northwest, and thousands will be forced reluctantly to wait until next spring, owing to lack of transportation facilities.