-ht- i The Cordova Daily Times 1 HUE)
VOLUME 1 NUMBER 145. CORDOVA, ALASKA, WEDNESDAY, MAY 2G, 1SM5 ’ PRICE TEN CENTS.
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CONSTRUED AS A DARING CHALLENGE FROM GERMANY
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Special to The Times Hy Associated Press.
WASHINGTON, May 2G The American Ha
waiian liner Nebraskan, which was torpedoed today
by a German submarine, was homeward bound to
fulfill a charter contract with the United States
navy to carry coal from Newport News to San Fran
cisco. The dispatch announcing the attack on the
Nebraskan has been communicated to tin* president,
who refused to comment on the incident. A full
investigation of the occurrence has been ordered un
der the direction of the State Department.
SAN FRANCISCO, May 26—The Congression
al Committee, which has ust returned from a visit
to Hawaii, talked freely about the torpedoing of
the Nebraskan, and the probable consequences of this i
fresh violation of American neutrality. The pre
vailing impression of the legislators seemed to he
that the incident caused a grave situation and would
probably result in President Wilson calling a special
session of Congress. Senator Warren, of Wyoming,
said that only the bitterest action on the port of the
United States could follow, necessitating an extra
session, if the situation was as represented. Rep
resentative Glass, of Virginia, one of the House
leaders on the Democratic side1, said that the torpe
doing of another American vessel at this time, after
the formal protest made by our government on the
Lusitania disaster, could only be considered a daring
challenge to the United States.
LONDON, May 26—-The steamer Nehrnskan, of
the American Hawaiian line, bound from Liverpool
to the Delaware breakwater in ballast, lias been in
jured and is returning to Liverpool for repairs.
Details of the accident have not been received, but
it is known that the steamer was either torpedoed
or struck a floating mine. The explosion occurred
off the south coast of Ireland, and the damage was
not serious as the vessel is returning under her own
steam. None of the crew were injured.
LONDON, May 26—-Definite information has
been received here that the American steamer Ne
braskan, which is returning to Liverpool, was tor
pedoed by a (Herman submarine.
Special to The Times By Associated Press.
NEW YORK, May 20—The 'Mitch liner Ryn
dam, bound from this city to R< i erdam, with sev
enty-seven passengers and a million dollar cargo,
has been badly damaged by a collision off the Nan
tucket Shoals, with tin1 Norwegian tramp freighter
.Joseph .1. Cuneo. The Ryndam was seriously dam
aged ami it was thought advisable to transfer the
passengers at once to the Cnneo, as there was danger
that the big vessel would sink. Wireless calls for
help were sent out, and the battleships of the At
lantic fleet, who were at summer maneuvers otT New
port, K. r., responded'.
All of the passengers and all but forty of the
Hyndam’s crew of two hundred were transferred to
the battleship South Carolina and are being brought
to this city. The Ryndam is proceedeing slowly
hero, convoyed by a flotilla of battleships, who are
standing by in case the vessel should sink. If no
storms are encountered it is believed that the Ryn
dam can he brought here in safety. The Ryndam
was built in Belfast in 1901 and has a gross tonnage
of 12,527. The ship is 500 feet long, with a beam of
62 feet.
ITALIANS FORCE AUSTRIANS TO RETIRE
ROME, May 2(i—The Italian official statement
issued this morning announces that the offensive
movement of the army has resulted in the occupation
of the Austrian territory all along the frontier
from Lombardy to the Adriatic. The Italians have
seized various towns in Trentino and have forced
their way through the mountain defiles. On the
lower Isonzo the attacks were continued in order to
gain the line of the river, and the Austrians were
forced to retire. On crossing tin* river they de
stroyed all the bridges behind them, thus halting
the Italian forward movement temporarily. Tn
the neighborhood of the city of Trieste, the chief
activity was the attacks made by Italian aviators
on tlu* town of Monfalcone.. Many bombs were
dropped in this vicinity. The statement contains
no enumeration of the losses on either side, but it
is currently reported that no heavy engagements
have yet taken placet The Austrian troops have
retired at all points, and their efforts seem to be
mainly directed to maintaining a rear guard action,
and hindering the forward movement of the Italians.
The Austrians have probably selected their battle
ground', and will give battle when they have reached
what they consider the best strategic position. The
people of Italy are standing firmly behind tlie gov
ernment despite the attempts recently made to cre
ate an anti-war sentiment.
(iKNFjVA, May 20—The Italian troops wliicli
have invaded Austria along the bonier north of the
(lull of Trieste, continue their advance towards the
Ison/.o river at three separate points, forcing the
Austrians to retire at every point. So far the Aus
trians have made no determined resistance, and the
advance of the Italians has been practically unop
posed. Yesterday the Italians captured two hun
dred prisoners in all.
PARIS, May 20—The Italian government has
declared' a blockade of all the Austro Hungarian
seaports on the Adriatic Sea. Tre Italian navy,
which largely outnumbers tin* Austrian ships, are
engaged in making the blockade decree effective.
COPPE R ISA DYANGED TO 24 CENTS
Highest Figure Market Has Reached Since 1907
It is reported on good authority that
copper has reached the high selling
price of 24 cents per pound and the
probabilities are that the metal will
go to 30 cents within the next two
months, the supply of all Europe be
ing exhausted and the United StateB
and Canada being the only countries
where it can be produced at present.
The Bonanza and Jumbo mines have
greatly increased their output since
the advance in copper, and are now
shipping 120 cars, or 6000 tons of ore
a month. At the present price this
would have a value of a little over
$2,000,000 and if the existing condi
tions continue Cordova alone will con
tribute $24,000,000 to the wealth of the
United States during the coming year.
There are other copper properties
tributary to this town, which will un
doubtedly be operated if the demand
for the ore continues. In this con
nection it is of local interest to know
what the New York Market Report
says about the Mother Lode Copper
Mines Company, which shipped con
siderable ore during the winter, as
follows:
“Announcement was made in this
Market Review last week to the effect
that information had reached us, from
sources in position to know what is
going on in the inside of tlr> Mother
Lode doings, to the effect that a prop
osition had been made, either direct
ly by the Morgan-Guggenheim Syn
dicate, or by Interests closely allied, to
take over the control of the Mother
Lode on a basis of 50 cents a share.
Prom still other sources, equally de
pendable, we learn that influential
stockholders, holding large blocks of
Mother Lode, are holding out for $1
or more per share, some claiming that
the shures are worth $4 or $5 each.
A remarkable circumstance in this con
nection is that the market price of
the stock on the New York t’urb has
actually declined to sales at 19 cents.
We are told that the price is purpose
ly kept down by the dominating in
fluences in the Mother Lode Company,
aided by tbe Copper magnates who are
endeavoring to acquire the property,
in order to influence recalcitrant hold
ers to relinquish at least enough of
their holdings at between 50 and 75 j
cents a share, so that the control can
be passed into stronger hands. Our
informant tells us that it is confident
ly believed that the control will be
passed to the dominating influences of
the Bonanza mine, which adjoins it.
In case, however, the deal should
fail through, there are other wealthy
men who stand ready to finance trans
portation facilities for the immensely
rich ores of the Mother Lode mine to
the Copper Itiver & Northwestern rail
road. We are given to understand
that all that is needed to enable the
Mother Lode Co. to show earnings of
$1,000,000 or $2,000,000 per year is
shipping facilities. As the company
has some 4,500,000 shares outstanding,
earnings of only $1,000,000 a year
would justify a price of $2.50 per share
for the stock.
“We sincerely hope our clients who
have not yet bought Mother Lode will
do so at around 20 to 21 cents per
share, for we feel confident that be
fore the week is over, official an
nouncement will be made that will
enhance the market price materially
—possibly double or treble.”
TRACK FOR
ALASKA
SEATTLE, May 26—The purchas
ing agent of the Alaska Engineering
commission has received requisitions
from the commission for a supply of
steel mils sufficient to construct ten
miles of track, spikes, flanges and oth
er Iron accessories to track laying.
Bids have been called for and the mat
ter advertised. Sixty tons of food
stuffs have also been requisitioned by
the commission to be ready for Imme
diate delivery. The metal bids will
be opened on June 10, and the bids
for the foodstuffs on May 29.
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NEW YORK, May 26—The stock
market Immediately reacted when the
news of the torpedoing of the Ne
braskan was received. Trading fell
off, and the whole market became
heavy. Fears of foreign complica
tions have scared the brokers, and
driven some of the investors into
their hiding places once more.
CHICAGO, May 20—The torpedoing
of the American steamer Nebraskan
has caused May wheat to drop seven
cents a bushel. The news was re
ceived almost with unbelief by the
brokers, but on its being confirmed
there was a rush of selling orders.
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THIRD WEEK
ALBANY, May 26—The execution of
Police Lieutenant Charles Becker has
been set ror some time in the week
beginning July 12. The execution of
Becker will mean that four men will
have paid the extreme penalty for
the murder of Herman Rosenthal, a
New York gambler. The other three
were electrocuted after the first trial,
namely, Gyp the blood, Lefty Louie
and Dago Prank.
RICH PANS FOUND
ON HAMMOND RIVER
In the Nolan district Nelson & Smith
the laymen on No. 4, Hammon river,
got a $1,633 pan. Their pick-ups
for six days have averaged $1,000 a
day.
Jim Kelley and Alex Gregan are
in good money. They are laymen on
the Hastings ground, Hammond River
They have picked up $4,000 in the
last six days. Hammond Rfver will
nearly all be worked out this year.
No new pay has showed up in the
Wild Creek country. On Flat creek
In that district, a prospect hole was
sunk 225 feet and they have struck
clear blue ice. They ran a pipe
down but found no bottom. A good
deal of speculation has followed this
peculiar find. The generally accept
ed theory is that the pybspeCton
found what was at one time a lake.
LONDON, May 2(5—The people of Norway nre
tremendously aroused over the sinking of the Nor
wegian steamer Minerva by the Germans. The
steamer Iris went to the assistance of the Minerva,
and her attempt at rescue was met by the Germans
trying to blow up the Iris. The captain of the lat
ter vessel eluded the torpedo. The incident has
caused a wave of resentment against Germany to
sweep over the country, aud the consequences are
hard to foresee, but the government will take a firm
position in the matter.
KING OF GREECE CULLY
ILL NOT EXPECTED TO LIVE
LONDON, May 2(5—The condition of King Con
stantine has taken a turn for the worse, and his ill
ness has now reached the critical stage. The death
of the king may be expected, and it is believed here
that if the monarch should pass away, Greece would
immediately terminate her neutrality and enter the
war o ntlie side of the allies.
Only the desperate nature of the king’s illness
has held back this action before.
LONDON, May 26—The people throughout
Great Britain do not seem to be over-enthusiastic
about the new coalition cabinet. So far as the re
organization has been completed, Lloyd George takes
the new post of Minister of Munitions, whose duty
it will be to look after the supplying of shells and
ammunition to the army and to increase the effic
iency of the armament factories. Lord Kitchener
will remain as Secretary of War, and will continue
his plans for increasing the army to two millions.
Balfour, the Conservative leader, succeeds Winston
Churchill as First Lord of the Admiralty.
T EL .
II RETAIN DARDANELLES
LONDON, May 2(5—The allied forces operat
ing on both sides of the Dardanelles are slowly ad
vancing. Lvery foot of the way is being contested
by the Turks, who are fighting with a courage born
of religious fervor. The Turkish general asked
for an armistice recently to bury three thousand of |
his dead, which was granted.
LONDON, May 20 The Oermans made an at
tack on the trenches east of Ypres, and succeeded
in capturing and holding the forward line of trendi
es. North of Arras, the conditions were reversed,
as the French troops made a daring assault on the
(lerinan trenches and drove the Teutons back a con
siderable distance.
BE MISSED BE
THE POOR
NEW YORK. May 26—Jacob Rup
pert, the famous New York brewer,
died here today at the age of seventy
four. Ruppert was one of the lead
ing figures of this city, having become
immensely wealthy from the sale of
Ills beer, and in later life took an ac
tive interest in various philanthropic
enterprises. Ills activity In the fur
nishing of free Ice to the poor of the
crowded Hast Side was but one of
the many ways he had devised for
alleviating the poverty of the teeming
thousands who sweltered in the nar
row streets and alleys during the hot
weather.
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NEW YORK, May 2C—Mrs. Stuy
vesant Fish, the famous New York and
Newport society leader, died today of
a cerebral hemorrhage, at the age of
sixty. The lady was a leading repre
sentative of one of America's most
famous families, whose men have been
prominent in the affairs of the nation,
and whose women have always ranked
with the leaders of New York's “Four
Hundred.”
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—
CHRISTIANA, May 2G-The So
cialist and Radical members of the
Norwegian parliament are making
renewed attempts to reduce the pre
rogatives of King Haakon. Bills to
take away from the king the privil
ece of conferring decorations, the
rigiit to attend the opening session of
parliament and to alter the laws of
succession to the throne—some of
which were defeated three years ago—
are to be pressed again.
WAR BONUS FOR
POSTAL EMPLOYES
LONDON, May 26—The govern
ment has at last agreed to arbitrate
the question of granting a war bonus
to the postoffice employees, a large
number of whom receive wages of
less than $7.60 per week.
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On Pleasure Trip
Representative W. L. Britt, who
conducts drug stores at Juneau and
Skagway, was a Cordova visitor yes
terday. He is making a round trip
on the steamer Northwestern.
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Has Cargo of Gasoline
The launch Waif arrived this morn
ing from Katalla and will proceed to
Valdez with her cargo of gasoline.
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Capt. R. D. Gray, of Katalla, is cir
cling around among local friends.
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Reduction in Gasoline at S. Blum &
Co.
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For sale Cheap—Two first-class
hunting dogs. Inquire Times office.