|New Shipment!
Consisting of a Full Line of
1 EASTMAN 1
1 KODAKS |
| and Supplies
<< v
j NORTHERN DRUG CO. |
I Every Article!
In My Store Makes
| A Suitable Gift
and I Have thousands of
them for Young and Old.
Come in and inspect our selected stock
IP ——— ■■■»■' ■ i i i i i i ■■■■—■ i i I
| PAUL BLOEDHORN
| JEWELER AND WATCHMAKER f
■ KENDRICK BUILDING FIRST STREET |
f -!'■ ''I1::: l: I,!;!-'1 ';i; ;-;i i
THE CITY BAKERY
WE ARE SPECIALISTS IN. FINE CAKES AND PASTRY
FOR .
** I
. Parties and Receptions
MAKERS OF THE FAMOUS .“CREAM LOAF” BREAD
SUN “MAID” RAISIN BREAD—A TREAT INDEED
RYE BREAD GRAHAM BREAD
LUNCH ROOM—WH-RE YOU GET THOSE EXCELL
ENT LUNCHES
_SATE MONEY!
COME TO THE BARGAIN STORE
And see what we have in the line of workmen’s clothing,
beds, mattresses and canvas goods of all kinds, tents and
shovels, kitchenware, furniture, stoves, etc. We also
carry a full line of mirrors—plate glass and plain.
THE NORTHERN BLOCK
First Street
r— ; -
\
Copper River
& Northwestern Ry.
FOUR TRAINS ivTEKIA BETWEEN
CHITINA AND KENNECOTT
Leave Cordova, Second Street Depot, on Mon
days, Thursdavs and Saturdays.
Leave Chitina for Cordova Sundays, Tuesdays
days, Thursdays and Fridays.
Leave Chitina for Ke**»ecoU Sundays, Tues
days and Fridays.
Leave Kennecott for Chitina Mondays, Wednes
days, Thursdays and Saturdays.
The above schedule subject to change with
out notice.
Dining Car in Connection With all Regular
Passenger Trains Between Cordova and Chitina.
Freight received and delivered at Cordova
Wharf from 9 a. m. to 5 p. m., except Sundays.
Tickets on sale at Second Street Depot
office, one hour before departure of trains.
CALEB CORSER, W. E. BROWN,
Superintendent. Agt. Cordova Wharf
R. K. BROWN, Jr., Ticket Agent.
DRS. DAGGETT & BLYTH
Northern Hotel Building,
Cordova.
DENTISTRY
Hours 9 a. m. to 9 p. m.
Special Attention to
Prophylaxis and Pyorrhea.
PHONE 200
WM. A. HESSE
Mining Engineer,
U. S. Mineral Surveyor,
U. S. Deputy Surveyor.
B0X 13 CORDOVA, ALASKA
DR. W. H. CHASE
PHYSICIAN and SURGEON
Office over Cordova Drug Store.
Calls May be Left at Cordova
Drug Store. Residence,
Alaskan Hotel
DR. W. W. COUNCIL
PHYSICIAN AND SURGEON.
Office and Residence: Cordova.
General Hospital (Ostrander Build-’
ing-.
Phones—Residence 115; office 132
DR. C. L. HALE
DENTIST
Office; Over Blum, O'Neill’s Store
ROBERT SIMPSON ,..
JUNEAU, ALASKA
Glasses Fitted. Lenses Ground
_ » |
. HUBBELL & WALLER
Civil and Mining Engineers.
U. S. Mineral and Deputy Land Sur-i
; veyors for Alaska.
1102 L. C, SMITH BLDG., SEATTLE
WILLIAM PALLISTER, M.D.
Specialist in the treatment of
diseases and deformities of the
eye, ear, nose and throat; glasses
fitted.
JUNEAU GENERAL HOSPITAL
| SMITH & McCONAGHY
, PLUMBERS AND STEAM FITTE Rs'
Cor. Front and B Streets
Office Open Evenings.
E. F. MEDLEY
Attorney and Counsellor at Law.
Room 1.
Adams Block CORDOVA, ALASKA
FRANK H. FOSTER
Attorney at Law
^°°m 1 Alaskan Hotel
FIRE!
A resident of Cordova bad a
■mall fire in his house the other
day. It was extinguished by the
family at a loss of 1160.00. The
next day he Insured through us.
The cost of his insurance for
three years was less than his
loss at this trifling fire. Are
you, Mr. Property Owner, going
to wait until you have had a fire
before protecting yourself from
lossT
Any person wishing to build
can secure a fine residential or
business lot In Cordova from us
on exceptionally liberal terms.
Five hundred lots listed.
REAL ESTATE
INSURANCE
ABSTRACTS
SURETY BONDS
CORDOVA ABSTRACT and
REALTY COMPANY
ROOM 1, ADAMS BUILDING.
How Copper Situation
Has Adjusted Itself
The entire complexion of the copper
ndustry underwent a radical change
ast year. From a highly speculative
narket, with violent fluctuations from
lay to day, when much of the trading
tvas carried on by dealers and job
bers through the medium of brokers
.vho made their profits out of the
jrices paid by the ultimate consum
es, it became one of the most ordi
nary routine, in which no one figures
but the producer, the jobber and the
onsumer. The price has become fixed
ind all speculative buying therein
jHminated.
In the course of this remarkable
revolution, even the right of the job
ber to trade in copper for a time im
pinged, until the protests of the small
jonsumer drew attention to the fact
that to them he was a necessity.
Troubles of the Consumer
When a large consumer of copper
first intimated that he was ready to
buy, the fact spread from phone to
phone with remarkable celerity, and
sach party interested in the prospec
tive purchase began at once to jockey
for position. The market price for
spot copper might be then 30 cents,
and it was astonishing how short that
spot supply might suddenly become.
Usually the requirements of other
large consumers, although they might
be extended over three or four months'
delivery, included a certain amount
for immediate or prompt shipment.
He would be told by a broker or a spec
ulator that while there was no spot
copper offered in the open market, he
(the broker or speculator) might man
age to secure some resale metal. The
copper, the consumer would be in
formed, was held by someone who had
bought more than he needed for the
moment; he would be sufficiently
obliging, however, to part with some
of it at the price he paid for it, which
was invariably above the current mar
ket. The consumer was supposed to
accept the proposition with grateful
thanks, and very often he did, because
there was nothing else to do, though
it is doubtful that the thanks were
always sincere.
Juggling of the copper market in
war time, when the demand for na
tltflfc purposes was enormous, had
been stopped in England by the estab
lishment of a fixed price, but the year
was more than half gone before any
attempt was made at price fixing in
this country. Not until electrolytic
copper was selling at 30 cents a pound
and promised to go higher, did the
United States government take a hand
in its regulation.
The allied nations had been taking
large quantities of copper, for which
they had paid 25 cents a pound. The
spot price at the end of March, or
just previous to the entrance of the
United States into the war, was 31
Cf*nts a pound. I^ater the market be*
^an to weaken somewhat, and by July
was down to a range of between 26 1-2
and 30 1-2 cents.
First Government Purchase
Meanwhile the United States gov
ernment, having become a belligerent,
"W'as Intent upon a preparedness pro
gram which included among other
things, at the outset. 49,000,000 pounds
of copper. It had no intention of pay
ing the market price, and the pro
ducers were appealed to on the score
of patriotism to make a fair price. A
great deal of quiet dickering followed
between Washington and New York,
and a cost investigation was instituted,
which established the fact that copper
cost something between 8 and 12 cents
a pound, according to the producer. On
the strength of this assumption an
agreement was finally reached where
by this 49,000,000 pounds was sold to
the government at 16.67 cents a pound.
The effect was electrical upon the
market. The large consumers of cop
per in the United States objected
strenuously to paying 30 cents for
. w hat could be sold without loss at less
than 17 cents. There was little use
to argue that this was a very specu
lative price and that it was made solely
for motives patriotic. The consumers
failed to see it in the same light, and
the market began to weaken, until a
25-cent level for spot copper was
reached.
Supplying the Small Customer
One difficulty arose in respect to the
plan. It was to supply the small con
sumer, who usually bought his copper
in less than carload lots. The main
motive for the establishment of the
copper producers’ committee was the
elimination of all speculative buying,
and one of the provinces of the com
mittee is to see that all the copper sold
passes into the hands of manufactur
ing consumers. For a time it declined
to recognize the jobber at all, but. as
it was not in a position to furnish ton
lots to consumers, and as the lattei
had to be provided for in some way,
an arrangement wras perfected, with
the sanction of the government, where
by jobbers approved of by the com
mittee were allowed to purchase cop
per by the carload at the establishec
price of 23 1-2 cents, and distribute
it among their customers at a gross
profit of 5 per cent, which made the
price to the smaller consumers
24.07 1-2 cents a pound.
In some w'ays those dealers who helc
contracts for copper at prices above
23 l-2c cents, and who could not dis
pose of it at the so-called legal price
without a serious loss, managed to ge
rid of it quietly though without direc
permission, so that as the year closee
the market wras undisturbed by fric
tion or Irregularities of any kind.
IN HO LULU BOR
HONOLULU, Jan. 30—Tourists ar
riving at Honolulu will no longer be
greeted by what has for very many
years been one of the novel attractions
of the port. The “swimming boys”
have been put out of business by the
war.
The territorial board of harbor com
missioners has adopted a new set of
rules and regulations for the harbor.
Intended to obviate the danger of fire
or explosions that might be caused by
enemy aliens. One of these rules is
that there shall be no swimming in
the harbor, except within fifty yards
of the three boat club houses.
Heretofore every incoming steamer
from the coast or from the Orient has
been met by a “school” of young Ha
waiian boys, who would swim out to
meet the vessel, and then, sporting
like porpoises, accompany it into the
dock. It has been the custom of the
tourists to toss coins over the side
for the boys to dive for, and rarely
has it happened that any thin dime
sank so far down that it could not be
recovered by one of the divers.
-♦
SEATTLE PUBLICATION
ON ALASKA FISH
The “Duthie Booster," put out as the
official publication of the great Duthie
shipbuilding concern in Seattle, has an
illuminating article on “Alaska, a Land
of Food,” by Adele Moody. Says the
writer:
“We doubt that even Secretary
Seward, far-seeing man that he was,
could have imagined Alaska shipping
fish to supply countries across the
Atlantic, and vegetables in successful
competition with those of Puget sound,
to say nothing of killing Santa Claus'
reindeer for meat.
“Take the one item of fish alone.
Multiply the price paid to Russia by
a little over 39, and you then have the
total production of fish and by-pro
ducts since the year 1867.
“No other country in the world con
tains fish feeding grounds equal in
extent to those of our northern terri
| tory.
. “It is predicted that the Alaska
| herring industry may yet equal t
salmon trade. The great plants of t
Alaska Herring & Sardine company at
Little Port Walter, and the Alaska Pa
cific Herring company at Big Port
I Walter, are suggestive of the poss
ibilities of this industry. These com
I panies -have been putting up nearly
! 600 cases of canned kippered herring
■ and several hundred barrels of salted
herring daily, yet both companies are
adding to their capacity about 450 men
: and women, many of them experts
from Scotland.
“Herring furnishes the backbone of
; the fishing industry in Norway, Scot
; land and other North Sea countries,
1 and the Alaska herring are better for
- all purposes than the North sea pro
ducts.”
You Will Never Behind
if you wear these splendid “Hi
Press” Rubber Boots or Shoes.
Not made like ordinary Boots, mind you,
but molded into ONE SOLID PIECE! -
Won’t leak, peel or come apart and will
positively outwear any other foe; .year you
ever put on your feet.
Unusually comfortable, too