• OFFICIAL PUBLICATION)
Report Of The Financial Condition
OF THE
Miners and Merchants Bank of Alaska
Located At Nome Territory of Alaska, at the close of business on the
3!s‘ d 'v «,f March. 1 Q4f».
RESOURCES
Loans and discounts .. $ 436,066.02
Loans on real estate . 214.983.77
Overdrafts . 31.97
United States bonds and securities .. 582,800.00
Other bonds and warrants . 100,462.59
Banking house, furniture and fixtures 28,549.92
Other real estate owned . 43,467.84
Due from other banks . 212.111.08
Checks on other banks and other cash items. 45,727.25
Cash on hand . 96,168.46
Gold bullion . 3,546.73
Prepaid Insurance . 2,169.15
TOTAL $1,766,084.78
LIABILITIES
Capital stock paid in . 100.000.00
Surplus fund . 25,000.00
Undivided profits less expenses paid 144.609.53
Demand deposits . 1,144.278.37
Time deposits .'•. 352,196.88
TOTAL $1,766,084.78
UN. TED STATES OF AMERICA >
TERRITORY OF ALASKA > SS
SECOND JUDICIAL DIVISION »
I, Alva A. Daue, Cashier of the above named bank, do solemnly
swear that the foregoing statement is true to the best of my knowledge
and be]ipp.
ALVA A. DAUE, Ca h er
(CORRECT ATTEST'
WILLIAM T. HALEY
Director
(NOTARIAL SEAp
Subscribed and sworn to before me this 1st clay of April, 1949.
BEVERLY A. MORGAN
X . \v Public in and f r the Territory of Alaska.
1/v r :n»-> pxo December t>7. 1951.
FIFTH GAME IN PIONEER
CARD GAME SERIES
The Pioneer Card Party which
was held last Friday evening was!
the fifth in the series of whist
games being given under the aus
pices of the Pioneers of Alaska. It
was announced that there will be
only one more game which is
scheduled for Saturday, April 16.
Winners for the evening were
Mrs. W. McDonald, Mrs. Nels
scor£ for grand trophy are Frank
Bingham, Nels Swanberg and
Pearse Walsh.
Leading in a closely contested
score for grand trouhv are Frank
Bingham and Mrs. Charles
O’Leary.
Hot gingerbread and whipped
cream was served by the commit
tee consisting of Helen Bochman,
Irene Gillette, Robert Baldwin,
Henry Ullrich and Ben Mozee.
LEGISLATURE CREATED
LIBRARY BOARD
In the closing hours of the 19th
Legislature a bill was passed cre
ating a Library Board of four
members one from each Division.
The four members are to be ap
pointed by the governor with the
approval of the Legislature. How
ever the legislature adjourned be
fore the names could besubmitted.
A young lady from Nome, named
Kate.
Says "the Teen-Agers here sure
rate.
If the Arctic Club Queen Contest,
Is a big enough conquest,
The whole darn gang can skate.*’
BUY QUEEN VOTES!
.e^Gona^i
1 it biscuit y* cup but* K
ft «*«»«• ’SS. >hick- Uh Vi cap br°ye 1
| 5b‘Por margacm'^otgh.aad *Pcmk s. !
1 K>>'' '-cfreVu<hauP-5,rakU^
R Steaming Coffee J
flavor Iha nd **?*nce, and J
Si']* ««»• Co^ee ca„STUJatin*- ®
gwd to he alive rf>c m.aKe y°u
^ nd of the world’s ft 3 delicious
fmm uniform JooL ™ Coff<**>
lla exclusive Hills Bm.8"’8'” an
roas"'"S the blend Wr>f/°Cess’ bv
b. *£ —Continuouslv—iol 4 “ time
J roast for every coff. k' an even
overdone ne.L . bean-nonc
! fros-Coffee is vacuum o°T ”i,,s ^
flavor freshness Packe<1- for
2 grinds
/■ 4 * Grind
■ * **» «"■>
£fery6oc/y //fas M'//s Sros Coffee |
Trademarks Ret U S. Pat. Oil.
Copyright ]M9-H*IU Bros. Coffee, lee
Heated Pro And
Anti-Gruening
Arguments Heard
'Continued from Page Two)
sion Gruening said “I believed I
was governor” but found the
“chief lobbyist for the canned sal
mon industry was the actual gov
ernor.”
He said business in the Terri
tory had never paid any tax.
Earlier Capt. Lathrop had criti
cized Gruening’s program and
charged he had set up a dictator
ship.
Gruening told the committee
Lathrop owned two banks, six
theaters, two radio stations, two
newspapers, and apartment houses
which never had paid any Terri
torial tax. He said he also owned a
cool mine which had paid only
nominal taxes.
Baker urged the committee to
appx*ove Gruening, saying that un
til Gruening took a firm hand on
the reins of government a “House
of Lords” through social, econo
mic and political pressure had ap
plied !*re'Sure to run the Territory
as they wished.
He said the clique had withheld
advertising fr an him and that the
Alaska Steamship Company haul
done the same thing because of his
support, of Gruening.
“We want Ernest Gruening re
tu tied for another term as Gov
ernor,” he said.
Gruening told the committee he
had no authority to remove direc
tors of veterans affairs and of
public welfare who were forced
out of office. He said the boards
had acted 'hemselvc-'. He said he
had to'd member he believed the
''ismi'Sals should be made.
The committee inquired closely
into the road to Gruening’s sum
mer home.
The governor ic.dif'od the road
was x; -erl by fishermen and that it
was constructed by the A1
road engineer wi n Territor al
funds.
His son. who owns adjoining
property, and three neighbors pe
titioned for the road, he testified.
He read statements from Alas
kan and federal officials which
Hello Little
Queen-ettes
Here’s some information U>r
you. The prize for the persoi
holding the lucky number in tb«
Jr. Queen Contest will be hall of
the net proceeds of the contest, tfu
other half to the Junior Queen
Entrants will be accepted at a jo
time, but naturally, the sooner Uo
better. There will be no count.*
given nor any tips as tc who may
be ahead until the Jr. Queen i*
crowned, which will be befcv tb<
crowning of the Senior Queen, sr
that the Jr. Queen will have th*
honor of drawing the winning
number for both Senior and Jun
ior Contests, and of crowning tii»
Senior Queen.
Each and every comestan* wii
receive a valuable prize. The Am
tic Club is furnishing 6 picture*1
for each entrant for publicity puT
poses.
Com'on Mothers and Dads, let’ -
get a few more entrants . . . it’s u
good healthy contest for a1; excel
lent cause.
If anyone would like to enter a
little “Madam X." and have her
name withheld until the winner?;
are announced, they may do .«■:■>.. .
just let us know who the sponsor
is.
It will be helpful if people who
buy tickets and live out of town,
put their name and address on the
back of their ticket.
U.S. Commissioner's Co;irt
In court of U. S. Commissioner
this morning in the matte’- of Wil
helmina Munz vs. William Munz,
on charges of assault and battery
William iMun/. was cleared of the
charges.
Hugh T. Wilson of South worth,
Wash., formerly of Homer. Alas
ka. arrive i on PAA this morning
to assist the local Road C’ommis
- on in the coming season. Mm
Wilson is a highway engineer.
sa d that construction >t such
roads is customary in Alaska
when property owners petition for
them.
The Night May Have 1000 E yes
^ ou Have Only Two
Protect Them With Willsonites
Liouim! Lens Sunglasses
Polar Curio Shop
Ready To Serve
You Again
-*
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