LIBERTY LOANS
NOW PAYING
BIG INTEREST
WASHINGTON, Dec. 27.—Interest
on Liberty Loans now amouts to be
tween $8,00,000,000 and $9,00,000,000
per year.
The United States Treasury there
fore is disbursing investment profits
averaging $8 each to every man, wo
man and child in the country.
More than 20,000,000 persons were
listed at the close of the Victory Loan
as holders of war bonds, indicating
an ^verage family holding which just
tallies with the above figures—some
$200 worth of Liberty or Victory
bonds, producing an income of $8 per
year.
Hundreds of thousands of persons
who never saved money before did
so through the purchase of Liberty
Bonds and War Savings Stamps. As
soon as the war ended, this accumla
ted money burned their pockets like
the small boy’s first dollar. They be
gan to sell their Liberty Bonds, a
very few, proportionately, because
they actually needed the money. A
very large proportion sold them, at a
loss of a few dollars, because they
itched to spend the money.
A far too great proportion traded
them for stocks which, in many cases
will prove a total loss. Others sold
to invest in stocks of the same lack
^ of worth. Because of the pressure of
sales from these motives, Liberty
bonds have been selling below par,
and persons compelled by circum
stance to sell have been forced to ac
cept a loss of money they could ill af
ford. This has been the more re
grettable because the depreciation in
price was artificial.
What has become of the Libertj
bonds sold ^celow par?
The strong boxes of the wise inves
' tor are the answer.
He is absorbing more and more ol
them, knowing that a government se
curity, absolutely loss proof, anc
bearing four to four and three quar
ters per cent interest, is a marvelous
ly good investment.
In the meantime, the government is
continuing the sale of War Savings
Stamps, which offer a qafe and easj
way to savtf money. They are always
redeemable at 10 days notice, in case
of need, at cost plus interest earned
ALASKA BANKS ARE
IN GOOD CONDITION,
SAYS GOVERNOR RIGGS
At the close of the fiscal year cov
ered by this report there were li
Territorial banks and three nations:
banks in the Territory, a loss of one
during the year, says Gov. Thomas
Riggs, Jr., in his annual report. Nc
new banks were established durinf
the year and there were no failures
the loss being occassioned by one o1
the Territorial banks at Nome volun
tarily liquidating its affairs.
The Territorial banking board, com
posed of the Governor, the secretarj
and the treasurer of the Territory
continued its supervision over Terri
torial banking institutions. All suet
were examined during the year anc
made reports of conditions and pub
lished statements under call as re
quired by law. Territorial banks arc
located at Ketchikan, Wrangell, Ju
neau, Petersburg, Douglas, Skagway
Cordova (2) Valdez, Seward, Anchor
age (2), Fairbanks, Iditarod, anc
Nome. National banks are locatec
at Juneau, Seward, and Fairbanks.
Outside of the sections benefitec
by the activity in the fisheries indus
tries, depressed business condition:
continued to prevail during the year, f—
The high prices of all commodities a
and labor, combined with scarcity of 9
the latter, proved most discouraging g
to all commercial developments in g
the Territory. Deposits in the sev- f|
eral Territorial Banks at call of April 1
10, 1919, aggregated $6,049,543.73, as I
compared with $5,974,738.82 under g
corresponding call of May 8 of the I
year previous. The gain shown, though J
i small, is none the less gratifying, as |
■ under prevailing conditions a loss |
might well have been, expected. Un- i
! der the call of April 30, 1919, the 1
combined capital of all Territorial |
banks aggregated $745,000 as com- 1
pare with aggregate of $650,000 for |
the year previous. Aggregate surplus g
and undivided profits amounted to 1
$322,575, as compared with $249,914.- 1
36 of the year previous.
ALASKANS REGISTERED 1
AT HOTEL ATWOOD |
The following Alaskans are regis- g
tered at the Hotel Atwood, Seattle: I
Mrs, A. H. McDonald, Seward; Jen- ||
nie Pederson, Seward; Capt. Ben Dur- j
kee, Cordova; Julia Durkee, Cordova; 1
W. R. Cameron, Chitina; W. Camer- §
on, Jr., Chitina; A. J. McConnell, Cor- I
dova; Ben Lake, Cordova; Mrs. F. W. 1
Crum, Cordova; P. B. Coe and wife, I
Anchorage; Laurence Kerr, Nome; =
Joe Mathews, Ketchikan; E. S. Pot- |
ter, Ketchikan; J. Hammer, Ketchl- g
kan; A. Iverson Ketchikan; W. 1
Bryan, Ketchikan; Frank B. Curran, f
Ketchikan; Chas. E. Hooker and wife, I
1 Juneau; Mrs. F. Warner, Juneau; s
Mrs. Emma Fay, Haines; Dan Vuec- I
■ tich, Anchorage. fj
Scarborough Pictures that please at “
prices that are right. Over Cordova
drug store. Phone 140—3 rings.
Delicious mince pie at the City
i j Bakery. 13-tf
if-:
SEND IT TO JONES
I ■ I
j The Lady who went
1 to the League Meeting ]
s 5
I “Do you know, Margaret, I heard a most instruc- \
tive lecture on child welfare at the League ses
sion yesterday”.
“Yesterday—and I was here at home superin
tending the laundress. How could you? I |
thought— I
“ Sh-h-h. I can tell you just what you were |
going to say. You were about to remark, ‘I
thought it was your washday too’. It was, my
dear—but I’ve found a better way. I send our
family bundle to the laundry now”. ;
* And so, also, can you. The broadening oppor- s
I tunities that are opening to .women can be yours |
I if you will allow us to assume for you the bur- |
6 den of the family washing. |
| Ours is the modern laundry way — washing in |
| water as soft as a spring rain; ironing that gives all
your things a charmingly pearly finish; buttons |
in place; everything fresh and spotless, and §
delivered on schedule at your kitchen door.
3
Send us your family bundle. Let us give you |
this perfect laundry service, and leisure for some
of the finer duties that are calling women.
a
ModernJaundry
1
(JONES’ LAUNDRY I
Phone 66 ]
illicit
I 1
- -
I Look Back! fjj
I Look Ahead! j|
1 Look back ten years. How much of the Iff
1 money you earned during that time have §1
■ you saved? Suppose that your wages had 11
been $2.00 a week less or $5.00 a week 11
less. You would have gotten along all ||
I right, wouldn’t you? Of course you would. 1 jj
I Now look ahead ten years. Figure out 11§
I how much you will have saved if you put j ■
all you can spare from your earnings into
| the First Bank of Cordova each week or 11
4g§ month. Figure also the 3 per cent com*
■ pound interest that will help to make it 11
II grow- I s
11 Make a New Year’s resolution to do this 11
I for the next ten years, and you will have
achieved a very substantial success. Will
We will help you in every way in our power
The First Bank of
| Cordova |jj
Santa Claus
Arrives at
* |
«. <
Clayson’s
I' ••
Hey!.. Hey there! Wait till 1 catch up! Say, kids, Santa
Claus was in Cordova last night and was in Clayson’s store,
and left a sign there that said everything in the store was a
Christmas present for somebody.
*
HERE ARE MEN’S OVERCOATS AND
ULSTERS, THE NEW STYLES, WITH
BELTS AND CLOSE-FITTING BACKS
MEN’S FINE SUITS
MEN’S, WOMEN’S AND CHILDREN’S
FELT SHOES
LADIES’ FANCY HANDKERCHIEFS
CHILDREN’S FANCY SOX
LADIES’ SILK HOSE
MEN’S AND WOMEN’S ROBES
MEN’S SMOKING JACKETS
FANCY BATH SETS, ETC.
BIG STOCK OF MEN'S TIES
MEN’S SILK SHIRTS
LADIES’ AND CHILDREN’S SKATING
SETS
INFANTS’ FANCY ROBES
INFANTS’ SUITS IN SETS
FINE STOCK OF LADIES’ FANCY OX
FORDS, PUMPS AND SHOES j
MEN’S SILK MUFFLERS
MEN’S NOVELTY SLIPPERS
ERMINE, OTTER, LYNX, WOLVERINE
AND MINK SKINS
And just everything, so nobody has to go without a Christmas
present this year, ’cause I say so. (Signed)
'^gjSm:.m~-===i7' n If you don’t think the above is true,
uiHANDKERCHIEFSl ) come in and see for yourself. If you
do think so, come in anyway.
CLAYSON
THE CLOTHIER