PATnONIZE HOME INDUSTRY
OUR SPECIALTY
REINDEER
our opportunity'to purchase choice Reindeer meat that
has been properly prepared in a modern abattoir,
at prices consistent with the times.
We have just received a shipment from Golovin
Consisting of
SELECT STEERS AND FALL FAWN
J
Which we Offer at the Following Prices:
FOR CASH
-—Photo by Lomen Bros.
Steers, whole carcass 8cts per lb.
Steers, half carcass 9cts per lb.
Fawn, whole carcass lOcts per lb.
Fawn, hajf carcass 11 cts per lb.
WHILE THEY LAST
No more than two carcasses will be sold to any one.
By paying cash, you are not paying for
the inevitable slow turn-over, unprofitable
lines, and the bad debts of others.
< Our Merrlumdisbig Flan Servos the Greatest Good For the Greatest Number
LOMEN COMMERCIAL COMPANY
LOCALNEWS
MRS. HKNKIKTTK LKIKIKRWOOI)
DEAD
SPOKANE, Nov. 2. (/P)— Mrs
Henrietta Ledger wood, a resident
to Nom** for thirty years, died
Wednesday. She Iiad been here
for four years receiving medical
treatment. Her widower, Robert,
is enroute from Nome on the S.
S. Victoria.
Pilot Brown of the NAT, re
turned to Nome base Thursday
from Marshall, where he took De
puty Marshall B. W. Neiiy who
will be stationed there under the
"■New Deal.”
The bureau vessel Boxer, Jim
Crawford in command, returned
•to Nome from Wales, Tin City and
Diomede Island, Thursday morn
log and after a short slay, left
for Seattle. The Boxer carried
out a cargo of tin ore and rein
deer meat.
. f •
Mrs. Helen Nordlind of Candle.
« renewing aequaintenees among
her former friends while on dental
work. Disc where in this issue
will be found a Candle news let
ter by her. Mins. Nordlind made
the trip via the Roust Airways
plane.
I —-•
In a telegram received today
from Janies P. Daly, Hie learned
that tihe steamer Victoria arrived
ata Ketchikan at 5 p.m. Friday,
after an enjoyable trip. The ves
sel will take on cargo of fish and
call at Vancouver enroute1 to Seat
tle.
.The di*'in a ik ill pig of the mach
inery of the G-otldsmith dredge on
Solomon river is now completed
B'nd awaits t raaisportaCon to the
Kougarok by W. J. Rowe, where
a new dredge will lie constructed
and the machinery installed. The
wrecking crew returned to Nome
last night.
J. R. Haunmar, dock superin
tendam for the Lumen Commerc
ial Company, was an outgoing
passenger on the Arthur J. Bald
win. Mr. Hammar has been here
for many years anl Is going out
to eifjoy a well-earned vacation,
and inoidenttally to investigate
lighterage equipment, etc. for the
company. He will return to Nome
v’a Fairbanks about April 15, to
assist in getting the lighterage
equipment ready for next sum
mer's activities.
KE: GOLD PRICKS.
Nome, October 27, 1933.
[To the Edi.or of the Nugget:
Dear Mr. Maynard:
It is a great fallacy thinkiug
that we are getting much higher
prices for gold or that gold has
■ gone up much in price. Since
i England andff America have gone
off the gold standard the price of
' gold has advanced comparatively
little. In 1932 we were paid
$20.67. per ounce pure gold but
j we were paid In gold dollars. In
[1933 we are paid in paper dollars
] which are now in the neighbor
hood of 60 cents as compared
j wi h the 1932 price. If we are
I paid in 1933 as in 1932 we would
only real'ze $12.40 per ounce gold.
We are, however, paid in the
u ighborhood of $31.36 and 40%
to the 1932 price of $20.67, the
exact- price we ought to receive in
1933 would be 28.96 per ounce of
pure gold. If we receive $31.36,
gold apparently has advanced
$1 .40 only per ounce in 1933 as
compared with 1932, and you moat
I ake into consideration that the
| price $31.36 is not a ilxe.1 price,
but is suh>ect to variation.
There undoubtedly will be an
advance in gold prices as a result
[of the great Economic Conference
which will be continued, and the
I up-shot will lie that all nations
; will turn to the gold standard. It
| is therefore imperative for the
smallest nations to build up a gold
[reserve which will enhance the
, value of gold, and where is the
gold to come from The U.S.A.
[has 45% and Prance has 24% of
;the world’s gold stored away, and
jth:; rest of the whole world has
only 31 per cent of the total
world’s gold.
. Great Br'ta'n is and will remain,
the world’s gold market. This
1 Empire produces 75 per cent of
‘he world’s gold annually. Of the
new mined gold in the world,
! from 60 to 75% is used up by
i manufacturing jewelers, etc. There
is, therefore, very little gold left
for the poorer nations of the
. world to build up a gold reserve
| for the stabtlizat on of their paper
currency.
Something vey unusal is hap
pening now in France and in the
F.S.A. who strive to corner the
world's gold. To accumulate a
gold reserve and keep in out of
circulation dislocates m nlng and
industrial enterprise. No govern
ment has a right to lock up gold
more than it is necessary for the
sbaMilizatdon of their currency. ^It
is now made a sin to own g61d,
the basis and standard for all
wealth and Inducement for thrift.
Faithfully yours,
P. M. deFriedlander.
SALE
Auction Bole Dctcc
1933 March 14 Au*. 15
Not. 21 April 11 Sept. 12
Dec. 21 May 16 Oct. 10
1934 Jan. 17 June 13 Not. 14
Feb. .,“14 . July 11 Dec. 1!
SPECIAL SALES HELD
ON REQUEST OF SHIPPERS
Adrances will be made gas usual wheal re
quested. Transferred by telegraph If
desired. ■
The Seattle Fur
Exchange has al
ways demonstrated
to (he satisfaction
of aU their shippers
that It can and
does MU furs In
a manner superior
to anyone else. Our
monthly auction
shies' are recognis
ed by buyers of raw ■
furs as the best
source from which
to provide the wor
ld market* with
their requirements
of fine Alaska furs.
The SEATTLE PUR EXCHANGE
100S Western Avenue Seattle, U.S.A. —
L ....-----:...._