Page 5 Advertisements Column 2

New Zealand Herald, Volume LI, Issue 15504, 10 January 1914, Page 5 (Supplement)

Electro-magnetism is to: be employed" &' a novel manner, to recover gold front ~thfe bottom of the pacific Ocean. , It h'seip ously announced that an expedition. from, San Francisco will attempt.by means of $ magnet to raise an iron chest which r con-.'. tains £13.000 in gold ingots' from the hcA-: ■ '.- to© of the bay off Angel'lslandv"* Tfie bso-. safe was dropped from steamer Corcoran, which was TammaJ'ami- '0; sunk, in a collision with the"steamer-Semi"- <'- J note in a dense fog some" ; months-"ago;- i: When lie vessels - parted, following-thecoW V Usion, a section of the hold of the Corcoran broke through and the-cargo- sank. - The huge iron chest'proved •very difficult to find, bat it has been definitely loeatedjA portion is covered' withdrifted-'sandsS-. and it is claimed that the ordinary raettedi of salvage would-be -unabla to lilt ; :-v~-j£ - huge magnet is therefore xmtxc S r 5 so that, with a generation of ekctositiv difc •'"" board m h^tfee i enormoiwMSfrtag iiowr £ the magnet will be e\eHid. vlivb, iVik , ■: anticipated, will drag the C«W',tft < / ihe. surface, \ * >- t:^f'--^.[