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STATEMENT OF CONDITION
OF
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BANK OF ANCHORAGE
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At the Close of Business August 25th, 1916
51
s
¥5
SBRRRK
RESOURCES:
Loans and discounts.
Furniture and fixtures.
Expense.
Demand paper purchased
from other banks.$ 23,500.00
Cash due from other banks . 147,260.12
Gold dust in transit . 8,423.48
Gold dust on hand . 21,514.42
Cash on hand. 64,761.42
TOTAL RESERVE .
$
99,207.25
2,500.00
3,719,73
265,459.44
Total .
$370,880.42
LIABILITIES
Capital stock . .$ 25.000.000
Interest and Exchanges. 3.652.57
DEPOSITS
342,233.85
1
I
Total
$570,880.42
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Reserve on above Statement required by law,
Our Reserve on above Statement,
1
■
20 per cent., or $ 68,446.60
77 per cent., or 265,459.44
May 20th, 1916, OPENED FOR BUSINESS
August 25th, 1916, DEPOSITS $342,233.85
Foreign Exchange Dept. 4 per cent on Savings
Bank of Anchorage
Territorial Depository
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Hotel Anchorage
Hotel Anchorage lias been carefully planned and built to
meet the demands of tlie Tourists and the traveling
public, and nothing has been spared to make this
liostelrv homelike and comfortable.
It is centrally located, being one-half block off the busi
ness street and only a block Irom the t ity \\ hart
and Depot.
For the convenience of the traveling salesmen a large
sample room has been provided and arrangements
made for quick delivery of baggage.
One visit to Hotel Anchorage will convince you that this
place was built to meet the requirements of the trav
■*,eling public.
The Royal Cafe
The new eating house on Fourth Avenue
Caterers to first-class trade.
Boxes for private parties.
Lunch Counter.
ATHANS & PAPPADOPOLOS - - - - Props.
First-Class Restaurant
Just Opened
In the Matanu-ka Hotel. Everything In Season
Matauuska Hotel,
Matanuska,
BLOXDY, Prop.
304 Rooms All Outside Rooms
Absolutely Fire-Proof
BEST IN THE CITY
New Richmond
Hotel
SEATTX.E
BATES—Rooms with private bath,
$1.50 par day and upwards. Rooms
without Bath, $1.00 per day and up
wards. —A FREE AUTO BUS.
R. C. McCORMICK, Prop.
M. K. MacRAE, Mgr.
Alaska Trade
From Seattle
Shows Growth
l
l __
I
i
j SEATTLE, August 20.—Seattle’s
j commerce with Alaska increased 42
j per cent in the first seven months of
! 1010, according to figures compiled by
| the Alaska bureau of the Seattle
j Chamber of Commerce. The trade
j for the period from January to July
] this year amounted to $23,645,151, as
■ compared with $16,500,868 for the
j corresponding period of 1015, says the
| Times.
; . Seattle merchandise shipped to
; Alaska this year aggregated $13,855,
■ 786 as compared with $11,504,470 of
? 1915.
These figures do not give the full
‘ volume of Alaskan business as they
are taken from an office of port war
den, and a large amount of Alaska’s
return commerce is entered at Taco
ma, where the copper ore is smelted.
Seattle, however, is the terminal point
for the ships engaged in the copper
j business and their business is trans
1 acted in Seattle.
The great increase in the exports to
Alaska is accounted for in the increas
; ed development of the mining indus
try and the gradual development of
i agriculture in the north and the con
! struction work on the federal railroad
in the territory.
Expect $100,000,000 Total.
Local transportation and mining
men expect the Seattle-Alaska com
merce to reach more than $100,000,
000 this calendar year. It amounted
: to $82,000,000 last year. The output
of copper, it is expected, will total
$25,000,000 this year, compared with
$6,000,000 last year.
It is also within the realm of pos
sibility that Alaska will begin export
l ing coal to Seattle before the end of
the year, the first trainload of fuel
from the Matanuska fields having
reached the construction base at An
chorage a few days ago.
PIPES PIPES PIPES
, One English Briar Pipe given away
with every 50c purchase at the Ferry
Cigar store in Johnston’s Ferry Build
ing on 4th St. Phone 29-Y. l)-21t
A big crowd of California Elks re
1 cently visited the town of Juneau and
Jiad a big time.
I
ALASKA FISH ERIKS
MAY BE PROTECTED
BY REVENUE LAWS
WASHINGTON, August Hi.—There
is a prpqosal.that legislation for the
protection of the Alaska halibut fish
ermen will be enacted, in spite of the
protest of the British government.
The revenue bill reported to the sen
ate today carries this provision:
“That from and after ninety days
: after the passage of this act no fresh
: or frozen halibut or salmon to or from
the North Pacific ocean or its tribu
tary waters shall be admitted into the
j United States through any foreign
I country except when the same shall
; he in bond from an American port.”
This provision is identical in lang
uage with the hill presented in the
! house, except as to the ninety-day lim
j itation taking effect. It was placed
; in the bill upon the suggestion of Sen
ator Jones, who is confident that it
will be adopted by the senate. Repre
sentative Humphrey, who has been
looking after the bill in the house, al
so is hopeful that the house conferees
will accept the amendment. He has
been assured that Representative
Fordney. the ranking republican on
the ways and means committee, will
be one of the conferees to support the
amendment.
SEATTLE NOT YET PICKED.
WASHINGTON, August 21.—Sec
retary Lane issued a statement to
night explaining that through an in
I advertance it had been announced er
roneously that Seattle, Wash., had
been selected as the location for one
of the three new mining experiment
stations to be established by the de
partment of the interior. He said
Tucson, Ariz., and Fairbanks, Alaska,
had been chosen, but there would be
no decision as to the third place pend
ing the return of Director Manning,
of the bureau of mines, who is mak
ing personal inquiries on the subject
in the west:
FOR JUNEAU BOND ISSUE.
WASHINGTON, August 21.---At
the instance of Senator Pittman, the
I senate today passed the bill permit
; ting Juneau, Alaska, by special elec
] tion to vote an issue of $7r 000 school
I bonds drawing five per i
THREE SHOWS St DAY
At the Harmony, 6 P. M., 7:30 and
I 9 p. m.
New Columbia machines and latest
i records at Eckmann’s. 9-2tf
Inquire of Nordyke & Markle, Sel-1
dovia, Alaska, for 1st class DOG
FEED. Samples forwarded. 11-1 - lmo
Cotton felt mattresses, bed springs
and linoleum, at Crocker's.
Wanted—A Setter to work on ear j
riage. Apply at office of Bird Creek
Lumber Co. 8-14tf j
Try a Times Want Ad for results, j
LAUNCH BRIGHTON
NATE WHITE, Captain.
Carrying I'. S. Mail Between
Anchorage, Hope, Sunrise
and Glacier Creek—.^11
Points on Turn
again Arm.
CITY BAKERY
and
COFFEE HOUSE.
OPENED NEW LOCATION
C St. Bet. Ith and 5th.
FORMERLY LOCATED
5th Bet. C and 1).
ROSS & CO.
UNIVERSAL TAXI &
TRANSFER
PHONE 43-Y.
DAY AND NIGHT SERVICE
Office Corner 1th and I)
Launch Office.
Do not miss Labor Day. It is a
pleasure at Robarts’. .'M-_!t
Enjoy your Sundays oathing and
dancing at Lake Spenard. 8-12tf
’Frisco Cafe!
THE PLACE OF GOOD
EATS FOR LADIES
AND GENTLEMEN
Open Day and Night
EVERYTHING IN SEA
SON AND SERVICE
THE VERY BEST
Once a Patron Always
a Patron
PRIVATE BOXES FOR
LARGE OR SMALL
PARTIES
Tex Jones R. C. Jeffery
The Panhandle
C I G A It S
CANDIES
T O B A C C O S
FRUIT
N II T S
4th AVE. NEAR C STREET
Peters* rfs Billiard and
Sc^o Parlors
________I
Fourth Ave. Between C and D