Spencer Survivors
Marooned Near
Kodiak Island
(Continued from Page One*
huddled on the point. Previous re
ports said six had been seen.
“There were no visible casual
ties,” the Kodiak naval base said.
The scene is but five miles over
land from the village of Kanatak,
but high cliffs and impassable ter
rain prohibits rescue attempts
from that direction, the navy said.
Only one of the stranded men
has been identified. He is Lt. E. J.
Kratchovil, Washington, D. C., ol
the tug Matavo.
BINGHAMPTON, N. Y„ i/P)—
Lt. E. J. Kratchovil, marooned on
an Alaskan peni;isula with eight
or nine others awaiting rescue, is
a veteran of 18 years service in
the navy.
Miss Louise Kratchovil, sister of
the Binghampton officer said her
brother had been stationed at Ko
diak, for three years.
GUST CARLSON
TO WINTER IN STATES
Gust Carlson, crane operator
for the Lomen Commercial Co.,
left yesterday to spend the winter
in the States. He sold his resi
dence on E Street to Gus Bjorn
stad.
* -
ROBERT LEDGERWOOD
SICK IN HOSPITAL
Robert Ledger wood was *aken
to the hospital this morning as he
has had a touch of the flu and
was somewhat weakened.
•-•
For
COMPLETE
INSURANCE
COVERAGE
Contact
C. DEWEY ANDERSON
NOTARY PUBLIC
Phone MAIN 160
• _ . 4-•
Migrants Pay
$972 To Fly To
Australia
U/P) Newsfeatures*
SYDNEY—Hundreds of Euro
peans—chiefly Greeks and Ital
ians—are migrating to Australia
in specially chartered airplanes.
Some charter airlines are put
ting all available planes on the lu
crative migrant runs, mainly from
Greece, Singapore, and Hong
Kong to Sydney.
In two weeks alone, 26 Greeks
are scheduled to come to Sydney
in a chartered Trans-Oceanic Air
ways Sunderland flying boat, and
46 more Europeans are due on
three Inter-Continental Air Tours
aircraft. The trip on the Sunder
land will cost the migrants $972
i a head for both adults and chil
dren.
A newly formed Sydney com
pany, European Air Transport
Pty., Ltd., is preparing six Lock
heed-Hudson airliners for the mi
grant runs to Greece.
A Hong Kong company, Cathay
Pacific Airlines, made two trips
, from Singapore to Sydney recent
1 yl, and returned to Singapore for
I more migrants.
! STANLEY MARTIN
LEAVES FOR FAIRBANKS
Stanley Martin, who has been
, visiting with his mother and
father, Mr. and Mrs. Frank Mar
tin departed yesterday for Fair
banks.
CHARLES PENNYCOOK
RECUPERATING AT HOME
Charles Pennycook who has
had a siege in the hospital is re
cupgrating at home and friends
will be glad to learn that he is
getting along nicely.
THE NOVEL IS PROBABLY
| more than 21 centuries old, ac
! cording to the Encyclopaedia Bri
| tannica. Aristides wrote six books
I called "Tales of Miletus,” the town
i in which he lived, consisting of
hjumorous and sarcastic episodes
' of contemporary life. These early
! novels were written in the second
1 century B. C.
ARCTIC OIL DELIVERY
Phone—Shop: Black 76 — Residence: Red- 153
WE CHECK YOUR TANK REGULARLY
BEN YOUNG
BEST WISHES
FOR THE
NEW YEAR
from
VI’S APPAREL SHOP
Horn’s 10 to 6 Phone MAIN 26
Season’s Beauty for You at
NOME BEAUTY
SHOP
HAIR-RINSE - DYEING - MANICURING
Second Avenue
Phone Black 13 for appointments
OTIS EBY RANK. OLD-TIMER ,
PASSES ON IN SEATTLE
Mrs. Kenneth Rank is in receipt
of a telegram stating the death of |
her father-in-law Otis Eby Rank
in Seattle, where he was taken on ,
Christmas Eve to a hospital. Ken j
Rank arrived in time to be with 1
his father and his mother, who is 1
also in the hospital.
Mr. Rank was born Sept. 24,1
1867, at Canton, Ohio, where his
family was in the milling business
from where they moved to Wich
ita, Kans., and later to Seattle, j
For several years he was em
ployed by MacDougall and South
wich and operated a mercantile
establishment at Sunrise City for
them until 1899.
In 1899 he married Mary Eliza-1
beth Price and came to Nome in i
1900 and stayed until 1904, when i
he went to Dawson and later to
the "Tenderfoot” country where
he was storekeeper and postmas
ter at Ft. Richardson. In 1908 he
returned to Nome with his wife
and small son to manage the U. S. |
Mercantile Co., while his brother1
Ira Rank went to Seattle where j
the M.S. Trader was being built.;
His younger son, Kenneth, was
born here at that time.
He then went to Cashmere,
Wash., to reside and opened a
men’s wear store. Upon his doc
tor’s advice he sold out and pur
chased an apple orchard there,
which he ran until he retired two
years ago. '
He is survived by his wife Mary
Elizabeth, and two sons Carrol
of Cashmere, Wash., and Kenneth
of Nome.
He was a member of the Ma
sonic order.
Mrs. Rank is gravely ill, and
Kenneth is at her bedside.
The Queen
Elizabeth May Be
Last Big Ship
<<7P) Newsfeatures)
NEW YORK, (/P)—Giant, high
speed luxury liners created a col
orful chapter in the history of
world maritime affairs but no
more are likely to be built, says
Frank O. Braynard, official of the
American Marine Institute and
author of a new book “Lives of
the Liners.”
Braynard predicts that the ship
of the future will be a moderate
sized liner like the America, de
signed for use in luxury cruises in
off season periods.
Although the Queen Elizabeth,
world's largest ship, has appar
ently just begun a successful com
mercial career, he says, airplane
competition and the high initial
cost of such ships make further
competition in this field unlikely.
Braynard says the French ’vne
doubtful about the value of the
Normandie even in 1934 when th *
great ship was being built and of
fered to stop construction if the
British would stop building the
Queen Mary. The United States
never has built a superliner.
The wartime value of the big,
fast ship accrues only to the pow
ers which control the sea, he says,
adding that the Axis powers
found the Bremen. Europa. Rex
and Conte di Savoia of no value in
the past war.
Besides the superliners, Bray
nard lists three other types of pas
sanger vessel: express liners, mail
liners and smaller ships.
Wage credits toward old-irge,
and survivors insurance protection |
are now being earned quarterly!
by more than 47.000,000 employ- j
ees.
- |
Legal Blanks at The Nugget office •
Romanian King
Enters Switzerland
BUCHS, Switzerland, (/P)—The
special train carrying former King
Mihai of Romania to Switzerland
arrived at this Swiss Frontier
town today and departed an hour
later for Zurich and Lausanne
without the yopng ex-monarch
making a public appearance.
An aide to the former king said
that Mihai was expected to re
ceive on his arrival in Lausanne
a telephone communication from
Princess Anne of Bourdon-Parma,
whose hand he reportedly is seek
ing marriage.
Princess Anne, now with rela
tives in Copenhagen, was quoted
last week following Mihai’s abdi
cation as saying “I’ll follow him
wherever he goes.”
The young couple vacationed at
Lausanne recently when Mihai
and his mother, Queen Helen,
were returning home from Prin
cess Elizabeth’s wedding in Lon
don.
MRS. GORDON OSBORNE
ON VISIT TO STATES
Mrs. Gordon Osborne left for
the States yesterday with the Pan
American where she will visit
with friends and relatives. She
plans to return in the Spring.
MRS. A. WILDES BRINGS
NEWS OF TELLER
Mrs. A. Wildes, teacher at Tel
ler Mission, flew down from Tel
ler last week to take home her in
fant who has been here for medi
cal care.'She states that Mrs. Ed
gar Tweet has been very ill but
is now much improved.
Mrs. E_ Marx has also been ill
but is up and about again.
If baldness is a sign of mascu
linity, women don’t believe in
signs.
Mirrors never lie—
That’s the trouble.
French Give
Schuman Tw o
Confidence Votes
PARIS, {A*) — The Frenci 1.1- .
tionSl assembly gave Pr r :er
Robert Schuman votes of c «fi
dence today by defeating ‘ * >
Commumst-Peasant-De Gai . s
amendments to the governr.
anti-inflation bill.
The assembly voted down el
forts to exclude 1,100,000 farmer'
from the tax bill and to exempt
small artisans from the choice of
paying a special income tax oi n
vesting the same amount in gov
ernment bonds. The votes . »>
306-273 and 308-272, respect: y.
Other amendments still t<
voted on would reduce tax levies
on war, drought and flood victims
and on small family-operated bus
inesses.
Assembly circles predicted
the government’s margin migh oe
close in the vote on tax relief >r
war victims, but it was gener I’y
believed that it would win ou .
The tax bill, as presented by ’he
government, is designed to ]
duce approximately 125,000,0
000 francs (about $1,000,000,C ’>
in revenue.
Saturday when Communist ; *
, rightist deputies sought to ame !
the measure with proposals
exemptions for those in small
: come brackets they wore defe.. I
by 322 to 262.
i__
MR. AND MRS. C. A. ROUST
LEAVE FOR ANCHORAGE
Mr. and Mrs. Christian A. Ro s!
left today to make their home »
Anchorage where Mr. Roust v. id
i take over the management of : >
Glenn Carrington store. Mr. R..
will be missed in the commun /
| as he has been very a. ive in civ
affairs and at the time of his ci
j parture was president ot the N; ’
i Rotary Club. They will ma e
their home in the Anchorage H »
• te.l
<Oi' r xClnL PUBLICATION)
Report of the Financial Condition
OF THE
Miners and Merchants Bank of Alaska
Located at Nome, Territory of Alaska, at the close ol business < >
the 31st dav of December. 1947.
RESOURCES
Loans and discounts .. $ 461,095.96
Loans on real estate . 204,451,61
United States bonds and securities.. 604,415.7:1
Other bonds arid warrants . 100,462.53
Banking house, furniture and fixtures. 29,804.7 !
Other real estate owned 9,001.2.1
Due from other banks .. 414^555.8 )
i Checks on other banks and other cash items 29,379.44
Cash on hand ..... ............... 100,366
j Bulkhead 35,289.3 >
| Prepaid Insurance 1.576.7)
TOTAL $1,990,400.13
LIABILITIES
Capital stock paid in S 100.000.0 *
Surplus fund
Undivided profits less expenses paid
Demand deposits
Time deposits . ...
TOTAL $ 1,990,400.1 3
UNITED 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 know
edge and belief.
ALVA A. DAUE, Cashier
'CORRECT ATTEST)
G. R. JAC KSON,
W. T. Haley.
. Directors.
'NOTARIAL SEAL*
Subscribed and sworn to before me this 3rd day of Janua: v, 1948.
BEVERLY A. MORGAN,
Notary Public in and for the Territory of Alas' i.
My commission expires December 27. 1951.