The
Weekly News
VOL; X
McCarthy, alaska, Saturday, 2/,, 1^7.
I
PEANUT LODGED IN EAR
PROVES FATAL
ANACOftTES—Lois Thayer
€ years old died last evening aft
er a four months illness caused
specialists say by a peanut beco
ming lodged in her ear, which
was removed b.v a s|>ecialist. but
the severe headaches caused by
the nut appeared to have brought
on some serious disorders that
was impossible of diagnosis.
Mr. and Mrs. J. li. O’Neil
and daughter Molly O returned
on Tuesdays train, after a three
months absence in 1 he States.
Mr. O’Neii made a visit to his old
home at Fargo Dakota. while
Mrs O’Nei. visited her daughter
Donnie in Se. tile.
They enjoyed the change for a
short time hut are satisfied to he
at home again and agree with Go
vern) r Parks, that Alaska is the
only spot where the green grass
grows.
NKW YORK’S APPETITE
1 OR REINDEER MEAT
Pnder the heading “Meat
From Alaska” the New York Sun
one of the greatest newspaper of
the country, editorially says:
Reindeer meat from Alaska
is on sale in New York markets
in more considerable quantities
this season then ever before. It
whs displayed before rl bar.ksgiv
inn. and the demand for u at, Wa
sh mg ton Market and in uptown
shops, especially those making
a feature of game, was sufficient
to justify them in continuing to
carry it in stock “Reindeer ste
aks” appear on many restrnrant
and hotel menus and “reindeer
chops 22 cents” is one of the un
usual signs displayed to New
Yorkers in Washington Market
stalls
'
KENNECOT COPPER
Kennecott (.%>i>|>er Corpor
rtion is the largest striclly cop
p«*i* prod u. er in h • world.
' )n its combined production.
of rising 4 i0,000,000 pounds of
copper m 192a, Kenneeoib's cost
wus among tlie lowest in the ind
„ i
us try at b.O' cents a pound,inclu j
ding all charges except depletion i
reserves. On the same basis. I
costs this year are averaging tin
der eight cents a pound. lu 192u
Kennecott earned net after all chi
arges. except a reserve for deplj
etion. of $2:1^90,04 4 or $15.34 a |
share.
With $41,294,242 working caj
pita! on Dpc. HI. 1925, hack of the
4.474.424 shares of stock the con,
pany possessed a goou linaut-ial
set up. Ratio of currant assets
to liabilities on Dec. HI 1925, was
about five to one. Cash and mark
e table securities were equal to
almost $5 a share of stock on the
same date.
Each cent ad\ance in the pr
j ice of copper means an increase
in earning of Kennecott of $1 a
share based on currant rate of
output. Present trend of operation
and costs point to a final net of
nearly *7 a share for the stock
last year.
The company has substantial
lore reserves and can increase
I production whenever copper pri
cos war rent. In view of its good j
treasury position, good earnings:
on a poor copper market and I
sound physical condition. Kennel
cott has much to recommend it.
Dividends have been increas 1
ed in tlm past as earnings moun i
ted and another increase 5*5 annu
ally is expected soon If directors
should decide on increasing the
dividend this year at (12 the stock
would sell to yeild better then b
per cent. On the $4 dividend the
stock at this price yields 6.4
I
l*er cent.
WALRUS HUNTERS
SWEPT TO SEA
Stn-onnua. St-Lawrenr* Island,
fmin Little Mav Hav, Siln*
riu in a skin canon by an Arctic
storm six straying survivors of
eight walrus hunters, with, arms
find legs frozen, eyes swollen
shut and thei clothing in tatters |
reache 1 the Eskimo villoge ofj
Gam boil, where the Uni tod Stag's
Breau of Education maintains an
Eskimo school in the northern
part of the Island.
A ppro idling stravation’fore.
id the hsiiimos to leave Little
Max Bay to hunt walrus. Kudins'
to find walrus near shore they
ventured out. They then c:iught
the lull force of the g;»U They
pulled the canoe onto the ice
the fourth night and the next,
day the floe carried them to St.
Lawrence Island, although they
did not know it was St. Lawrence
Two hunters lost themself
in a blinding storm and were
never seen again. Five suffering
and starving struggled into Gam
bell following a search headed’
by Samuel P Troutman, govern
ment teacher.
FAIRBANKS THE WORLD’S
DOG RACING CENTER
Km ohiiks the worlds dog
racing cc-mc-i! No lesser goal then
Lliis is envisioned by followers of
the sport here, who by success
>f this year's events, are already
incising plans that will eventually
moan that the pick of the racing
Hogs ol me country will compete
here annually.
PARIS —Blind men and worn
en at a publishing house for the
blind here put out in Braille,
books and magazines which bring
together in'one written language
the sightless people of the world
BLAZE DESTROYS
HALF A BLOCK
Cordova, Feb 26.--Ea» ly Fri
day morning Cordova was the
scout* of a disastrous fire. Start
ing in the Star Cafe, it destroyed
hall a block in the heart of the
business destrict, before it
could be checked.
Very few details are availa
ble, and no setimate of the dam
age is known yet, but believed
to In* very heavy, although it is
supposed that the lose is partly
covered by insurance.
According to the report
received by I lie News the places
destroyed were the Star Cafe
Drug Store, Dyson's General
Merchandise, Swansea's Dry
G**ods, Barber Shop and several
apartments.
Tins is the most serious fire
that Cordova has had, being
fortunate in having a well equip
ed and efficient fire department
KENNECOTT MOV IKS
Sunday February 27th
Vera Keynolde Monty Blue
1
in
‘THE LIMITED MAIL’*
COMEDY
NEWS
MUSIC
Wednesday March 2d
Vera Reynolds Edmund Burns
in
“THE MILLION DOLLAR
HANDICAP”
COMEDY
NEWS