THE NOME DAILY NUGGET
GEO. S. MAYNARD, Editor
RUSSELL G. MAYNARD, Manager.
Published every evening except Sunday by the NOME PUBLISHING
COMPANY, Nome, Alaska.
SUBSCRIPTION RATES
Delivered by carrier in Nome, Little Creek, and Sunset Creek, for
$2.00 per month.
By mail postage paid outside of Nome and vicinity, $1 50 month.
Subscribers will comer a favor if they will promptly notify the Of
fice of any failure or irregularity h the delivery of their papers.
MEMBER OF ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use for republica
tion of all news dispatches credited to it or not otherwise credited in
this paper and also the local news published herein.
Entered in the Post Office in Nome as Second Class matter.
Communications
Addressed to The Nome Nuggt
FIELD AGENCY OF THF
Federal Housing Administratio
Office of the
Territorial Director for Alask
JUNEAU, ALASKA.
Juneau, Alaska, May 29, — Tei
torial Director John E Pogues
the Federal Housing Administrat
was advised late yesterday aft
noon from Washington that Pri
dent Roosevelt had signed the
amending the National Housing /
One of the principal amendme
provides that the Federal Hous
Administration will now insure m<
ernization loans up to $50,000. Two
thousand dollars was the maximum
I amount insurable under the origin
al terms of the Act.
Originally drawn to facilitate ob
II taining credit by home owners and
small business, the Act as now am
4 ended extends the loan insurance
feature to apartments or multiple
family houses, hotels, office build
n~ ings or other commercial building;,
hospitals, colleges, schools, or man
11 ufaeturing or industrial plants. In
increasing by 25 times the amount
s* of money which may be borrowed
aC for modernization purposes, this am
endment to the National Housing
115 Act also makes provision for the
n8 installation of equipment and mach
>d- __
CHECK BACK THAT MONEY
YOU HAVE CHECKED OUT— IN AN
OHMER CASH REGISTER
Read the Ohmer literature and see the new model now on
display. Ohmer has a register to suit your business, which
Means at Your Price
NOME LI MBER CO
H E REIMER
BUILDING CONTRACTOR
E ST., NOME, ALASKA
Cabinet Work A Specialty Estimates Gladly Furnished
LET ME DRAW YOUR PLANS AND SPECIFICATIONS
FINN ALLEY CAFE
Albert Therry, Proprietor
LUNCHES: DINNERS: BEER
(OPPOSITE NOHALICO)
NOME’S OWN DRUG STORE
NOME DRUG STORE
“Cappy McDougall, Proprietor Telephone Main 95
Opposite the Nevada
ROUST AIRWAYS
• MEMBER OF THE ALASKA AIR TRANSPORT
ASSOCIATION
When You Travel, Fly in our New
And Comfortably Heated Cabin
Planes_For Rates, Any Place,
Any Time, Call The
ROUST AIRWAYS
BASES AT NOME AND CANDLE
enry with insured loans.
Title I of the Act, which is entire
ly concerned with the modernization
program, is extended from January
1st of next year to April 1st. The
radiogram informing Mr. Pegues ol
President Roosevelt’s approval oi
the Act also stated that regulations
pertaining to Title I in its new form
were mailed to Juneau from Wash
ington, D. C. last night.
Other amendments served to clari
fy the Housing Act and to exped
ite organization of national mortgage
associations, which are to deal in in
sured mortgages.
Many businesses and industries in
Alaska which have been badly in
need of funds for building expansion
purposes will find that Title I as am
ended. provides the ideal solution to
their problem, said Mr. Pegues.
As it has heretofore, money for
modernization purposes will come
from private financial institutions
which in turn will be insured ag
ainst loss by the Federal Housing
Administration. Commercial loans
of this type rank high as a desir
able field of investment for a bank’s
funds and with the insurance feature
added, I am sure that banks already
approved to make Title I loans will
be anxious to participate in the new
business which will be opened up.
A striking illustration of the cred
it responsibility of the American
home owner is revealed by the fact
that out of approximately $60,000,
000,000 in modernization loans made
| throughout the country, total de
faults are only slightly over $8,000
Thus it is clear that in its drive
to accelerate the circulation of mon
ey in an essential industry, the Fed
I eral Housing Administration has
had to use only an infinitesimal am
ount of the money appropriated foi
payment of insurance claims. It is
only reasonable to expect that the
percentage of loss in the augment
ed modernization program will not
jbe much, if any, higher."
Show At Dream
Kate Smith's first starring motion
picture. Hello, Everybody,’ a story
written especially for her by Fannie
Hurst, is booked for the Dream
Theatre Friday night.
The Songbird of the South, one of
radio's first ladies, was signed for
the picture after audiences thruout
the country, who applauded her
work in The Big Broadcast, in which
she made an appearance with 14
other radio stars, set up a clamor
for more of her.
Miss Smith is the central charac
ter in a simple, touching story. As
leader of a group of farmers whose
property is threatened by a power
company which insists on destroying
their lands to make way for a great
water project she abandons her own
homestead to go East and make a
name for herself on the radio, in an
effort to raise funds with which to
battle the case in court.
CURTIS JACOBS
(Formerly of Lomen Bros.)
ANNOUNCES—the Opening of a Developing and Printing
Shop upon Arrival of S. S. Northwind.
Mail or leave your Films at the Bon Marche.
FINN BATHS
EVERY DAY OF THE WEEK
75ets Per Bath.
PETE BLOOMBERG, Prop.
B. J. McCONAGHY
Our Lumber and Building Supplies
Will Arrive on The First Boats
g" 1 11 ■■ 1 ...
HUML1NG & DAVICK
BUILDERS
Have Built Several Government Buildings In
cluding Kotzebue Hospital. See Us Before Decid
ing On Your Work-By Day or Contract
Call Main 55 For Appointment.
I NOME HARBOR LIGHTERAGE
I COMPANY
3 Agents For j
I HYDRAULIC SUPPLY MFG.
I COMPANY
9 Designers, Fabricators, and Erectors of
3 HYDRAULIC MINING EQUIPMENT
S Steel Slip Joint Pipe, Hydraulic Giants, Gravel
i Elevators, Gates and Valves, Penstocks 1
m And Syphons, Steel Tanks
|| Flumes, Water Lifts, Well Casing, Flumes & Riffles
U WE WILL ORDER YOUR REQUIREMENTS AT >
1 NO EXTRA COST TO YOU FOR OUR SERVICES !
H For General Information and Estimates Call At
I NOHALICO OFFICE
1 Phone “NOHALICO”
! LIQUOR SALE !
SPRING CLEARANCE
IN ORDER TO CLEAR OUR SHELVES FOR OUR NEW
INCOMING SPR ING ORDERS WE ARE OFFERING * .
FOR A LIMITED TIME
UNUSUAL LOW PRICES
ON THE FOLLOWING
CRAB ORCHARD
PINTS—$1.00 QUARTS—$2.00
OLD 73 BRAND
PINTS—$1.00 QUARTS—$2:00
THREE DEUCES
PINTS—75cts QUARTS—$1.50
SEND US YOUR ORDERS FOR PLANE SHIPMENT
NOME’S NEW AND MODERN DRUG STORE
PIONEER DRUG CO.
Agents for Eastman Kodaks and Films
DEMAND
THE VERY BEST AND MOST MODERN
PLANE WHEN TRAVELLING BY AIR.
WE HAVE IT
FASTER CRUISING, SLOWER LANDING
LAST WORD IN EQUIPMENT
FOR RATES SEE OR WIRE
MIROW AIR SERVICE
NOME, ALASKA.
MINERS AND MERCHANTS BANK
OF ALASKA
NOME, ALASKA.
Has established temporary quarters in
v the former office of W. J. Rowe Transfer, and is
carrying on its business as usual.
WE SOLICIT YOUR ACCOUNT
Northern Light & Power Co.
AND
Alaska Telephone & Telegraph Co.
Second Avenue and Lane's Way
LIGHT, POWER AND ELECTRICAL SUPPLIES
LOCAL AND LONG DISTANCE TELEPHONE SERVICE
NOW IN SEATTLE IT S
HOTEL
MAYFLOWER
4th AT OLIVE
CHAS. W. HUNLOCK, Manager
'
Outstanding In Dependability
__ AN ACHIEVEMENT
WT'I IN SAFETY!
A ^ Jr N. A. T. Has Flown Over a Million
•r Miles, Carried Over 5,000 Passen- i
____ gers, without a Single Injury to
JK ▼ A Passengers or Personnel. A Safety
I Record Unsurpassed in The History
^ ^ of Alaska Air Transportation Opera
Consult Our Office For Rates
FAIRBANKS -ALASKA- NOME