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| Bank of Seward (
Established 1905
| Depository for |
| Territorial Funds |
| Sewaid, - Alaska; |
§§ S£
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Doors Roofing Paper
Windows Building Paper
LUMBER
ANCHORAGE SUPPLY CO.
First and C
G. W. PALMER
KXIK, ALASKA
Some of Our Specialties:
Wellman Canned Goods
Tip Top Eggs
Red Clover Butter **
Sperry's Flour
Marshfield Cheese
Also a Full Line of
HARDWARE, STOVES, HAY
AND FEED
No Better Goods Can be
Bought at Any Price
NEW
Sanitary Market
Kreah Beef, I’ork awl Million
Home-Made Sausage
Made Every I>ay
! ' Fruits and Vegetables
All Kinds
One Block West of Fostoftice
E. C. KURTZ & CO.
Matanuska Hardware Co.
Fourth Ave.. Near H St.
COOKING UTENSIIjS
STOVES, RANGES,
SHII* CHANDLERY
RIFLES, GUNS. AMMUNITION
Everything In Hardware
THOS. 8. HARItV,
Manager
Union Transfer Co.
ROBERT SPECK
Manager
I tvlll do a General Transfer
Business.
u
Bjornson & Ganton
TAILORS
You are cordially Invited to
come In and inspect our new
line of spring samples. The
most superb collection 01
woollens.
CORRECT STYLES
WORKMANSHIP CHJARAN
TEBD
PRICES RIGHT
Corner Fourth and I
CARL W. BOLTE
HARDWAR E
Cooking Utensils
Camp Outfits
Building Material
Guns, Ammunition
Glassware, Etc.
PRICES REASONABLE
I Anchorage, - • Alaska
The Sydney Laurence Company
Commercial and Pictorial Photography
Post Cards and Local Views
Kodak Developing and Printing
Town Center
Carrol Building, Fourth Avenue
Cook Inlet Pioneer
Published bv
Cook Inlet Publishing Co.
Anchorage. Alaska
Entered at tbe Anchorage post
office June G, 1915, as Becond class
matter, under the act of March 3,
1873
SUBSCRIPTION KATES
One dollar per month. Ten dollars
per year. In advance.
Friday, May 12
BUKS OF THE
AIM $. $. CO.
Net earnings of the Alaska Steam
ship Company in 1915 were in excess
of 14 per cent on the outstanding
capital stock, or double the amount
I of net earnings in 1914, according
to the report of President S. \V. Kc
cles, read at the annual meeting of
the company’s stockholders, in the
head offices In the Colman building
yesterday afternoon, says the Seattle
Times of April 25.
During the year an extra dividend
of 5 per cent was paid, making a
total dividend distribution of 11 pei
cent, or 8330,000. This leaves a
balance of $658,893.75 in the protlt
and Iobs account.
The reports at the meeting show
that the company is getting into
good condition and that the net earn
Ings this year may show a further
increase as a result of the purchase
of the new steamships. Like othei
Seattle companies operating in the
Alaska trade, the Alaska Steamship
Company recen'ly raised its freight
and passenger rates, but, according
to stockholders, the increase in reve
nue wilj be offset by higher cost of
operation, higher taxes, higher in
surance rates an the like and in
•n not In ir Mm poniMrn m onto nf tho son
men’s act.
Tells Cost .of Steamships.
President Eccles’ report contained
the information that the steel freight
steamships Bennington and Burling
ton, purchased in the East last fall |
and now enroute to Seattle via Chile
and Peru, cost the company $240,
000 each, including necessary^ ,
chaftges!' The 'steamship Alaska, for.
merly known as the Kansas City,
now in operation in the Alaska pas- ■
senger and freight trade, cost the
company-a total, of. $405,000, includ
ing alterations. The Bennington and
Burlington each have a capacity for
cargo of 3,500 tons. The Alaska has
accommodations for 162 first-class
passengers, and . a'.Cargo capacity, at
3,000 tons.
‘ The outlook for business for thjs
year,” Eccles says in his report, "is
excellent, freight offerings being so
largely in excess of the carrying ca
pacity of our vessels that if addi
tional suitable vessels for our trade
can bo obtained at reasonable fig
ures, your directors feel that they^
ought to be purchased.” ”
Discussion among the stockholders
brought out that any further in
crease In the net earnings will not
be due to the addition of now vessols
to the company’s fleet. Tho seamen’s
act reduced the number of passen
gers that may be carried on the com
pany’s liners. In the case of the
Nome liner Victoria, the number is
reduced by 171, which means a loss
of $6,000 in earnings for each voy
age of that steamship for the com
ing season. The earning power of
the other passenger liners has been
reduced proportionately. In order to
meet the requirements of the act.
Adds 85,000 Tons to Fleet.
In addition to the three new ves
sels mentioned, the company recent
ly purchased the steam freighter Eu
reka. The new tonnage represented
by the purchase of the four vessels
adds 35,000 tons to the fleet.
The stockholders re-elected the
following directors: S. W. Eccles,
John L. Steele. Stephen Birch, R. W.
Baxter, E. S. Pegram, W. T. Ford,
W. H. Bogle. W. B. Sprague and C.
A. McMasters The directors re
organized by re-electing the follow
ing officers: President, Eccles; vlco
prosident, Baxter; second vlce-pres'
dent, Bogle; third vice-president
P'Th; secretary-treasuror, McV«s
ters; assistant secretaries, V,' E.
Bennett and J. C. Harris; comptrol
ler, F. W. Hills; auditor, For ; pur
chasing agent, J. K. McGowan: as
sistant purchasing agent. W B.
Sprague; executive committee, Ec
cle.«, Baxter, Bogle, Sprague a J Mc
alters. „
For Sale—Ford automobd Hist
tints condition; cheap. Cali at this
-fl'ce.
Fine corner lot, East C and Fifth.
$325. See owner, A. E. Reed, corner
of Sixth and K street.
Important meeting of all wait
reuses and waltora at Union hail
Saturday. May 13th. Both employoi
and unemployed are urgently re
quested to attend.
ALASKA LABOR UNION.
P. II. Ringstad, Sec.-Treas
Captain Jimmie Jackson, of White
hoise, a native, is the only Indian ii
the Yukon district having a master’
license.
Gentleman, English-Amorlean, mid
die aged, with capital, wants to joi
lady In business, restaurant o
other. Letter to Mr. Arthur Sam
uols, Anchorage P. O.
What have you got to sell? Brlni
It to Doc. t
The secret of success Is service—
Robarts.
List your property with the An
:horage Realty Co.
WANTED
Molybdenite, tungsten and anti
nony ores, also big low-grade gob
iroperties. Address full particular
o Ralph Reed, corner Sixth and A
Anchorage, between 2 and 5.
INSURE NOW
In Reliable Company
and Protect Your Family
in the
EQUITABLE LIFE
ASSURANCE SOCIETY
Of the United States
A. FRODENBEItO,
District Agent, at The News
Stand, 4th Ave„ Bet. O and II
P. 0. Sandberg
GROCERIES
Lodging and Baths
On C-St., Bet. 4th and 5th:
Anchorage
Transfer
W. E. Lee, Manager
General Transfer Businesi
AGENTS FOK
Bluff Point Coal
CITY BAKERY
Fifth and D Sts.
We beg to announce that we
have’ opened a bakery, -and' arA
prepared to supply the trade
with first-class .goods. We- bajee
an extended experience. We de
liver to restaurants and groo
ceries. Give us a trial.
RASO&CQ^,.
National Cash Registers
. Adding Machines ...... _
Remington Typewriters
Morris & liali’s Halos
Money Weight Scales' '
Meat Hlicers and Cheese Cot
ters •*
Butchers’ Supplies
Ilubber Stamps of all kinds
Show' Cases and
Singer Sewing Machines
From
C. B. WARK
Manufacturers’ Agent
and
Commission Merchant <
Olympus Bai
A. F. Davis, Propr.
Liquors and Cig&r
Draught and Bottled Bee
KNIK, - - A L ASK i
H. W. NAGLE\
Susitna, Alaska
Complete Stock of
GENERAL
MERCHANDISI
OUTFITTING
A SPECIALTY
Buy Your
Meats Direct
From
Carstens Packing
Company
You will save the small dealer’s profit. We sell close toj
Seattle prices, plus freight and expense.
MARKET, FOURTH ST., NEAR C.
Wholesale and retail. Special prices to restaurants, board- j
ing houses, boats, camps, etc.
One of the Largest Concerns
on the Pacific Coast
J. J. HALES,
Manager Anchorage Branch.
PA "D Charter
• A* ±T • Open Soon
Loyal Order
MOOSE
WATCH THIS SPACE
F. A. MARTIN
DISTRICT DEPUTY DIRECTOR
Knik Hardware Company
TOOLS
Miscellaneous and Builders’
HARDWARE
SASH. DOORS, FRAMES, ROOFING AND BUILDING PAPE”
House Furnishing; Goods \
Cutlery, Earthen and Enamel Ware
Launch and Painter’s HENRY DOHRMANN
Supplies a Specialty Manager
THIRD AVE. AND H ST., ANCHORAGE
f
ALASKA POOL ROOM
FOURTH AVE., NEAR D St!
CIGARS. TOHACCOS, CANDIES.
SOFT DRINKS, FRUITS,
CONCORD GRAPE JUICE
MUSIC JOSEPH SCHMITBAUER
- PROPRIETOR
:FOR SALE!
„ The Crescent Hotel, on the cornet
of Fourth and C streets. Anchorage.
Also, 24 feet on the east side of the
hotel. See the owners, F. W. Red
wood & Co. „
LEINNON'S
Bakery and Coffee House
Bread, Pies, Cakes, Cookies, Etc.
-a Specialty
Fourth avenue west.