THE
McCarthy weekly news
Entered as second class matter. Septem
bor 17th, 1918. at the l ost Office, at,
McCarthy. Alaska, under the Act of
March 9. 1879.
C. F. M. COLE. Manager
M. M. COLE Editor
Subscription Rates
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Three Months 1 .25
Six Months 2 .50
One Year 5 .00
Payable In Advance
Saturday Marcli25th 1922,
ASSISTANCE FOR TRAIL
A special effort is being made
by the McCarthy Commercial
Club and the Pioneers to secure
some assistance from the Terr
itorial funds for the Chisan trail
immediately.
The urgent necessity is for
the staking of the trail over the
Rohn and the levelling of the
approaches on both sides, where
it is now almost impossible to
cross. The travellers over the
trail this winter have all done
their share of staking the trail,
it being absolutely necessary for
their safety. This they have done
entirely without compensation.
It was understood early this
year that $000 were available
for this purpose, but when it
comes to the actual spending
of the money the fund seems
very elusive, although numerous
telegrams have been exchanged
with the authorities at Juneau.
Meanwhile the Chisana people
are going ahead with the freight
ing of their supplies as best they
can, for time is very valuable
with them, as they must land
their outfits in the interior camp
before the break-up. !
COPPER
Boston—The copper metal
market remains quiet, with the
I demand for foreign and domes
tic delivery, particulary the lat
ter, rather light. Prom the
standpoint of sales, January was
a small month, the big business
done in October November and
December for delivery over the
first quarter of 1922 having sat
isfied the demand temporarily.
I
There is little or no copper
being pressed for sale, selling
agents desiring to care only for
the immediate demands of best
customers at the prevailing
market.
Sale of 1,')00,000 pounds of cop.
per A’as made in New York Wed
nesday at 13% cents per pound
for domestic delivery.
Indicating the desire of buy !
ers to test out the strength of
the copper market, a large brass
manufacturer and one of the big
electrical companies unsuccess
fully bid 13 cents for 2,000,000
pounds of metal each at two a
gencies. By and large, copper
companies are being put in funds
through present deliveries of
last quarter sales, and they are!
not pressing metal for sale.
Of the foreign demand the
bulk is going to Germany. The
new Teutonic republic is still
paying for her copper on a dol.j
lar basis in New York, and the
speed with which she settles for
metal after it is landed on the
docks makes her a much sought
for customer.
The increasing number of cop
per mines announcing early re
sumption of production of pro
duction is causing consumers of
copper to give more study toj
the statistical position of the
metal.
More than a dozen of the larg
er properties have signified
their intention of getting into
commercial production as soon
as possible, and while It will be
mid summer before summer be
fore copper in any real quantity
is coming from these mines, tern
porarily at least it has acted as
a deterrent against any real ex
pectation of wising copper quota
tions —Boston News Bureau.
OUR SYSTEM OF BANKING BY MAIL
BRINGS THIS BANK TO YOUR VERY DOOR.
To open an account, place the amount of your deposit
in an envelope and mail to us. By return post you
will receive a bank book showing amount of your deposit.
THE FIRST BANK OF CORDOVA
THE CONCRETE BANK
ESTABLISHED 1909
DRAFTS ON ALL PARTS OK THE WORLD, MONEY REMITTED UY WIRE
' TO ALL PARTS OK TnK UNITED STATES & CANADA.
Copper River
and Northwestern Railway
THROUGH SERVICE TO CORDOVA TWICE WEEKLY
CALEB CORSER Supt. F. W. SOMMER Agent.
Vote for
James L. Galen
for
DELEGATE to Congress
in
Republican Primary. April 25th 1922
No man in Alaska more thoroughly understands the value
of roads in aiding the development of the Territory.
He pledges his untiring efforts in support of all road build
ing agencies of the government in Alaska.
He stands for larger and more comprehensive road appro
priations.
He stands for encouraging the building of trails and roads
in all sections of the Territory, including necessary feeders to
make the government railroad of more service and value to the
prospector and miner.
Mr. Galen has been a prospector and miner and believes in
encouraging by liberal legislation, as well as intelligent road
and trail building, all projects designed to aid those who are
pioneers in the Territory,wand whose sacrifices and hardships
have opened up and will open up the great mining districts of
the North.
A vote for Galen brings prosperity nearer to the miner,
the prospector, the fisherman, the merchant and the working
man.
(Watch this Space for further announcements
of what mr galen's candidacy means to alaska.)