NOTICE OF BOND SALE
STATE OF ALASKA
A. GENERAL OBLIGATION
FERRY AND ROAD BONDS, 1962—
$5,500,000.
B. GENERAL OBLIGATION UNI
VERSITY OF ALASKA BONDS, 1962
—$800,000.
C. GENERAL OBLIGATION HOS
PITAL BONDS, 1962—$354,000.
D. GENERAL OBLIGATION AIR
FIELD BONDS, 1962—$275,000.
Sealed proposals will be received by
the State Bond Committee at the office
of th Governor of the State of Alaska in
Juneau, Alaska, at or before 9:30 a.m.
Pacific Standard Time on June 20, 1962,
for the purchase of the bonds of each
ox ine above-named issues of the state.
The bonds of each issue will be dated
July 1, 1962, may all be in denominations
of $1,000 or $5,000 each at the option of
the purchaser, may be registered as to
principal only, and will bear interest at
a rate of not to exceed 6 per cent per
annum.
The principal place of payment of the
bonds of each issue will be the Chemi
cal Bank New York Trust Company, New
York, New York, and the co-paying
agents for the bonds of each issue will
be the Continental Illinois National Bank
and Trust Company of Chicago, Chicago,
Illinois, and the Seattle-First National
Bank, Seattle, Washington.
The issue A bonds will mature in
from 1 to 20 years from date, the issue
B bonds will mature in from 1 to 15
years from date, and the issues C and
D bonds will mature in from 1 to 10
years from date.
The bonds of each issue will be gen
eral obligations of the State secured by
a pledge of its full faith, credit and re
sources.
Separate bids must be submitted for
each issue, and each issue will be award
ed to the bidder offering to purchase
all of the same at the lowest net interest
cost to the State and to pay therefore
not less than par plus accrued interest.
Bids shall be accompanied by the fol
lowing good faith deposits: Issue A,
$110,000; Issue B, $16,000; Issue C, $7,000;
Issue D, $6,000. Telegraphic bids may be
submitted as long as such good faith
deposits are in the hands of this Com
mittee at or before the time of the bid
opening.
An official statement relating to the
Issuance of the bonds of each issue will
be furnished upon request made to the
New York, Chicago, or Seattle office of
John Nuveen & Co., financial consult
ants to the State of Alaska, or to this
Committee, Department of Commerce,
P.O. Box 2259, Juneau, Alaska.
The bonds of each issue will be sold
with the unqualified opinion of Preston,
Thorgrimson, Horowitz, Starin & Ellis,
bond counsel of Seattle, Washington, ap
proving the legality of their issuance.
STATE BOND COMMITTEE
Pub: May 28, June 4, 1962.
BIBLE BAPTIST
77— CHURCH
• SUNDAY
Sunday School—10:00 &jn.
Morning Service—11:00 a.m.
Evening Service — 7:00 pjn.
• WEDNESDAY
Bible Study and Prayer
Meeting—7:00 p.m.
• FRIDAY
Boys and Girls Good News
Club ,10 a.m. & 3:00 p.m.
Youth Fellowship—7:00 p.m.
Rev. Bob Leight
Missionary Pastor
Crossword Puzzle
;
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t. Palm fiber
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instruments
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k Adherent
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L Lieutenant:
abbr.
5. Fasten: naut.
J. Prohibits
1. Asian
country
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7. Scoffs
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41. Single
44. Indians of
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Answer to Pu**l«
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DOWN
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2. Printers’
measures
3. Bit
4. Tungsten:
chem.
5. Shabby
8. Wings
7. Sick
8. State: abbr.
9. Rare
10. Enormous^
11. Petitioner:
law
12. Muddle
17. Pursues
19. Pertinent
20. Doughy
21. Container
22. Stubborn
23. Waterway
25. Tricks
27. Too
29. Core
30. Supporters
32. Chicken part
33. Snake
35. Geological
stages
36. Join
37. Food fish
38. Period
40. Noah’s son
42. No: Scotch
43. Antiquity
45. Musical note
46. Ireland:
abbr.
Two Men Charged
With Illegally
Possessing Gold
NEW YORK UP) — The govern
ment yesterday held two Arizona
men on charges of illegally pos
sessing gold from a western mine
at a time when the nation is con
cerned about its gold balance.
The men. Stanley Lane. 46. and
Joseph Valle, 39, both of Phoe
nix, were placed under $10,000
bond each on charges of possessing
2V£ bars of bullion valued at
$8,000.
Federal authorities said they
were members of a ring that had
“unlimited access” to the mine,
which was unidentified.
“The government regards this
as a most serious offense, parti
cularly in view of the very serious
i situation this country faces re
garding the gold situation,” said
Asst. U.S. Atty. Grenville Garside.
Lane and Valle waived a hear
ing before U.S. Commissioner Earle
Bishop pending possible grand jury
action.
Garside said Secret Service
agents and police arrested the men
late Wednesday in a New York
apartment belonging to a sister of
Lane. The bullion, Garside said,
was found in Lane’s suitcase.
Garside said at the arraignment
that Lane for the past A.Vz years
sold stamps to collectors in Phoe
nix and that Valle operates an
automobile repair shop there.
“It is believed they (Lane and
Valle) were going to sell the gold
found in the bag,” Garside said.
“Valle was assiting Lane in that
attempt.”
CAMPAIGN
COMMENTS
BY VERNE O. MARTIN
Republican for Governor
Alaska’s tangled and snarled
administrative system reveals a
complete lack of sound business
like management. A good case
in point is the Division of Avi
ation, a virtual two-headed
monster with no one really
knowing who was the chief and
who was the Indian.
Authority was divided between
Donner and Roguszka, with both
of them acting like two little
puppies fighting over a bone.
This lack of constructive busi
nesslike administrative proced
ures has seriously hurt aviation
throughout the state. The An
chorage and Fairbanks Interna
tional Airports are involved in
shameful political wrangling,
with both airports and both
cities suffering. Under a sound
administration these airports
would show substantial profits
which could be diverted to the
desperately needed improvement
of air transportation throughout
Alaska. Bush airfields have been
sadly neglected. The Arctic and
Interior Alaska need additional
airports.
I have a proven record as an
administrator on jobs employing
more men than are employed by
the State of Alaska. I will place
our state government on a sound
and constructive basis and there
by bring an end to the exisiting
chaos.
(Adverstiaement written and paid for
by Verne O. Martin.)
"SADDLE UP BUTCH" . . .
PERTH, Australia — ‘‘Sad
dle Up Butch.”
That was the personal message
beamed for Morley Park Hotel
manager John Wettler by astro
naut Mak-olm Scott Carpenter as
he passed over Australia on his
first orbit.
Carpenter used to ride a horse
when he was here in charge of
Muchea Tracking Station for a
simulated space shot last year.
Astronaut Maj. Donald Slayton
talked to Carpenter and carried
out various technical procedures
during a seven-minute contact
period with the spacecraft.
Clouds and light rain prevented
Carpenter from seeing the lights
of Perth.
Heat Plagues Newsmen
CAPE CANAVERAL, Fla. UPi —
A blazing sun yesterday took a toll
of newsmen and Project Mercury
officials waiting out astronaut
Malcolm Scott Carpenter’s space
flight.
Attendants at a first aid station
at the press site said a number of
persons had received treatment for
heat prostration or symptoms of
heat-induced ailments. The tem
perature was in the 90’s.
The station, said tablets, asprin
and sunburn ointment were in
heavy demand.
Val Chandler, a nurse from near
by Merritt Island, said one man
was sent to a doctor with possible
physical exhaustion due to heat.
Dial 2<m for
Arctic Sanitary
Service
SALAN SENTENCED
TO LIFE IMPRISONMENT
PARIS UP) — A special tribunal’s
sentence of life imprisonment for
ex-Gen. Raoul Salan was inter
preted by many Frenchmen yes
terday as a victory for the terror
ist secret army.
The mixed judicial - military -
civilian court Wednesday night
found the head of the secret army
guilty of treason but spared his
life because of extenuating circum
stances. It did not explain the ex
tenuating circumstances.
The same court earlier had given
a death sentence to Salan’s chief
deputy in the secret army, ex-Gen.
Edmond Jouhand. Many French
men felt President Charles De
Gaulle’s only choice now was to
commute Jouhand’s sentence to
life imprisonment.
“The secret army won,” said a
white-collar employe on his way
to work, expressing a widely held
opinion.
The courtroom, packed with
sympathizers of Salan and the
secret army, broke into pande
monium at the announcement by
court president Charles Bornet
that the tribunal had found cir
cumstances to extenuate Salan’s
leading role in the abortive gen
eral’s revolt in Algiers in April
1961 and his leadership of the
secret army terrorists.
ISSUES CHALLENGE . . .
MOBERLY, Mo. UP) — The Rev.
Fred R. Belk, Baptist minister, has
issued a public challenge to three
unidentified men who tried to pick
up his wife on a Moberly street
the other night.
Meet him in a gymnasium box
ing ring where, he said, “I will
politely knock your ears back (one
by one) for insulting the virtue
of my wife,” or . . .
' Meet him in the church when
“I will tell you of moral, evil, be
it ever so slight, that will some
day destroy our American culture
and way of life if left unchecked.’
Thp minictcr rs-so.-lo fV-io phallonrt/
in a letter to a newspaper.
Stove
Oil
Furance
Oil
TITAN MISSILE DESTROYED
WHEN SILO EXPLODES
CHICO, Calif. WP» — A Titan
missile was destroyed in a blast
yesterday as its silo explodea at
the missile complex near Chico.
Twenty-four men were treated
at a Chico hospital for smoke in
halation, the Air Force announced.
Six were kept at the hospital for
observation but 18 were released
to return to work.
There were no fatalities.
The other two missiles and silos
in the complex escaped damage,
as did the control center, the an
nouncement stated.
The explosion occurred as con
tractors were running a test be
fore turning the base over to the
Air Force.
Capt. Charles Evans, Beale Air
Force Base information officer,
said the explosion blasted the silo
just after the silo crew had finished
unloading liquid oxygen fuel from
the Titan missile.
The blast was felt here, eight
miles south of the nearly completed
Titan base.
CLIMBERS WILL PLACE
WORLDS FAIR FLAG
atop mt. McKinley
SEATTLE UP> — A six by three
foot blue and white Seattle World’s
Fair flag will fly from the highest
point in North America within a
few weeks.
Seven mountaineers left Seattle
yesterday for Alaska to climb Mt.
McKinley’s 20,320-foot hulk via
the West Buttress route. They an
ticipate temperatures of 30 degrees
below zero or colder, so it is likely
the flag will be stiff as a board.
The leader is Dick McGowan,
who manages the Mt. Rainer Guide
Service and Moutaineering School.
He isn’t quite sure what they will
i use as a flag pole,
t “I think the Brad Washburn ex
; pedition of 1947 left a bamboo
* pole,” he said.
' The party will land by plane at
tKo g^no-foot level. Other mem
bers of the party are Bob Lam
phere, Seattle; Lute Jerstad, Gig
Harbor, Wn.; Miss Francis Cham
berlin, N.C.; Father Joseph Vraig,
a priest from Cross Plains, Wis.;
Dennis Wignall, Denver; and Dr.
Nick Wetzel, Chicago.
Fine Job Printing Ai The Nugget
THE CHURCH OF
JESUS CHRIST OF
LATTER DAY SAINTS
(Mormon)
Sunday Services 12 Noon
Book of Mormon Class
Discontinued Until Further Notice
Robert Johnson Residence
Across From Nome School
Telephone — 2402
Moonlight Water the Year ’Round
Direct From The Springs
Naturally Softened and Pure
No Tank Too Small — No Bucket Too Large
Dial 2475 - 9 to 5 o’clock
Dial 2280 - After 5 & Weekends