PACIFIC COAST
SHIP MERGER
IS REPORTED
SAN FRANCISCO, May 17 (by As
sociated Press).—Pacific coast ship
ping circles are awaiting with inter
est the return of William H. Avery,
adviser to the Asano interests and the
Toyo Risen Raisha, who is expected
to arrive here tomorrow on the S. S.
Rorea Maru from the Orient. Mr.
Avery has been in consultation con
cerning the great merger of Pacific
shipping interests, which, of late, has
occupied the attention of the public,
and is expected to give some definite
information as to the progress made.
Negotiations looking toward the
formation of a new $100,000,000
steamship company by powerful Jap
anese and American financial inter
ests have been under way for some
time according to general reports
from authoritative sources. One of
the ideas underlying the merger is to
reduce the effect of the great decline
in the value of tonnage that has oc
currd everywhere since the armistice
by handing over to the combination
the newly constructed steamers at a
reduced price. Much of the discussion
has centered on the price per ton to
be fixed for the purposes of the
transfer.
According to the Aashi, a Japanese
newspaper, there has been much dif
ference of opinion between the Ameri
cans and Japanese concerned in re
gard to the valuation of the vessels to
be taken over by the proposed com
pany. The American promoters are
said to have advocated a price of $150
per ton, which is about the same as
the price quoted on the open market
in Japan, while the Japanese interests
maintain that the value of the vessels
built during the war should be put at
approximately twice this figure.
Another factor which has entered
into the negotiations is the fact that
a company under joint management
with foreigners cannot hope to secure
protection or subsidy from the Japan
ese government.
Japanese shipbuilding yards have
been hard hit since the armistice par
ticularly in the matter of wooden ves
sels. Also there has been a great
amount of idleness among wooden
vessels already built, owing to what
the owners consider the lowness of
the charter rate, preferring' to allow
their ships to lie Idle rather than to
accept a figure which it is claimed
nets them a loss. Many of these are
9.000 ton vessels.
According to the newspapers of
Japan, indications point to an even
greater depression In the shipbuilding
Industry of that country, with no
early prospect of revival of activity.
It is estimated that the vessels to be
built this year will amount to about
700.000 tons, of which about 230,000
tons are to be supplied to the United
States under last year’s agreements
for selling vessels in return for an
American supply of shipbuilding
materials, and 70,000 tons represent
the vessels ordered by shipping com
panies. The remaining 400,000 tons
are vessels built by shipyards on
their own account.'
BIG VALUE PLACED
ON GOLD BAND RING
LOS ANGELES, May 17 (by Asso
ciated Press).—The offer of an un
usually large reward made through
the police for the return of a simple
gold band ring reveals the fact that
it has been in the possession of the
owner’s family for more than two and
a half centuries. Chusaku Sakuda de
scribes it as a small circlet for the
little finger on which is engraved in
Japanese characters an entire poem
whose theme is that the wearing of
the ring will bring luck to the owner
but disaster will follow the one who
steals it.
Big reduction in yarn at $1.10 per
hank at the Cordova Dry Goods Co. 7-3
Subscribe for the Daily Times.
If&r&uM* evtiice ^2?%ur Ife&ts jj| i
Ir Did you know that Goodrich “Hi- hi
|p Press” Boots are molded into ONE j|
J| SOLID PIECE of rubber? M
K That, in part, accounts for the fact hi
m that this remarkable footwear gives
I? you just about TWICE THE SERV- |3
IP ICE that comes with ordinary hi
IP , And the Goodrich rubber is tougher pi
If —won’t crack, peel or split. <1
lb We have a boot for every service. jjl
I? The ankle-high Lehigh, the leather- 31
lb top Driver, the knee-high Short or 31
If White Hip are some of the leaders. <1
I Why not wear the best? They cost |l
Ie no more. You can tell them by the ll
If Red line ’Round the top. Sold by 1 M
l| 40,000 dealers. H
II THE B. F. GOODRICH RUBBER CO. j H
|1 Seattle, Wash., Faetorlee:
K . 113 King Street Akron, Ohio l'K
E"iJR^^PBb h I IT 1
COMMANDEERED
SALMON MAY BE
PUT ON MARKET
Private advices from Washington
state a committee consisting of War
ren,' former fish controller of Port
land, Hamlin, a salmon broker of Se
attle, Wright a large salmon packer
of Puget sound, Fred Kendall, of the
American Can Company, and P. E.
Harris, an Alaskan salmon packer,
are in Washington representing the
salmon packers of the Pacific coast
and Alaska in an effort to adjust dif
ferences between the government and
the packers regarding the 1918 pack.
The government refuses to take the
salmon commandeered in 1918, and if
this salmon is condemned or thrown
back on the market it threatens to
paralyze the 1919 salmon business.
A wire this week stated the com
mittee has recommended to the pack
ers that a syndicate be formed to take
the salmon now held in government
warehouses to be placed on the mar
ket below the government price. It
is believed if thi3 is done the effect
will be favorable to marketing the
1919 pack.
Local parties familiar with the situ
ation have declared the real trouble
arises over the way in which the 1918
pack was prepared for the market,
and that government inspectors ascer
tained careless methods had been
used and on investigation condemned
a large portion of the salmon turned
over to the government. Others de
clare the government agents entire
ly at fault and that the 1918 pack
was equal in quality to previous
packs.
The celebrated K-W Spark Coils are
for sale by the Northwestern Hard
ware Co. 14-tf
Tub and shower baths at the Holden
pool room barber shop. 9-tf
If you do not receive your copy of
the Times regularly, please notify the
circulation manager.
Subscribe for the Daily Times.
SMOKERS! I
Do you know the Horseshoe
Billiard Hall carries one of the
most complete stocks of Tobacco
and Cigars handled by any store
in Alaska?
We have special facilities for
storing tobacco to preserve its
strength and insure it reaching
you in perfect condition. You
will find your favorite brand
here, moist and fragrant.
—♦—
Standard Brands of
. Cigars
including large sizes in the
Mozart, Lovera, Optimo, Up
mann, Roi-Tan and La Prefer
entia.
2 for 25c
$6.00 per box of 50
Popular brands of Smoking To
baccos in tins, such as Velvet,
Prince Albert, Tuxedo.
3 for 50c
$2.00 per dozen
We carry a full line of Pipes,
Tobacco Pouches and other
Smokers’ Accessories.
1 HORSESHOE
BILLIARD HALL
t
E. L. HARWOOD, Prop.
, .,.=3== a-"il
The Burkhardt
j Hand Laundry
and Bath
/ ———
Burkhardt Flats
.Neatly Fitted up with Large
Porcelain Tuba. Everything
Clean and Sanitary. Open -All
. Night. Phone 61—three rings.
-———
i
I
ROSSWOG
WE LEAD—OTHERS FOLLOW
LOVERA MONARCH CIGARS.
2 for 25c
OPTIMO STANDARD CIGARS.
2 for 25c
OPTIMO SENATOR CIGARS.
2 for 25c
MOZART MAGNIFICENT CIGARS
2 for 25c
MOZART CORONA FINA.
2 for 25c
VELVET TOBACCO, TINS.
3 for 50c
TUXEDO TOBACCO, TINS .
3 for 50c
PRINCE ALBERT, TINS.
3 for 50c
ALL OTHER CIGARS AND TO
BACCO AT POPULAR PRICES
CORDOVA
C. M. ROSSWOG
STATIONER, NEWSDEALER,
NOTIONS,
TOBACCOS, CONFECTIONERY.
- . i, v / . X '
Prices are coming down. So are
our ham and eggs. Now 50 cents at
the City Bakery. 2-6t
Th'e Daily Times job plant is
well equipped for all classe of com
mercial printing.
Aunty
Keating’s
Wee Shop
Take a peep in the Wee Shop,
And I’ll bet you my all
You’ll want to stop in
If only to call.
There are lots of Toys,
Picture Books and Games,
Marbles and Candies and
Dolls without names—
Silks and Laces,
Ribbons by the mile—
And Frances Fraisure there
To give you a smile.
I
SMITH &
M’CONAGHY
* Plumbers and
Steamfitters
COR. FRONT and B 8T8.
LUMBER
BUILDING MATERIALS OF
ALL KINDS
Brick and Lime
CORDOVA MILL AND
LUMBER CO.
Electric Wiring
and Repairs—
JOHN G. YOUNG
Leave Orders at Cordova
Sheet Metal Works.
Phone 143
Cordova
• ..
The City Beautiful
Help to keep It so by using a
Garbage Can. Plenty of them at
■ CORDOVA
SHEET METAL WORK8
Phone 143
Sixty Steam-Heated Rooms, Electric-Lighted
Hot and Cold Water in Every Room
With or Without Bath
Cordova House
DOOLEY & GREEN1G
\
Headquarters for Railroad and Mining Men
Satisfaction Guaranteed :: Rates Reasonable