BISHOP TELLS j
OF CONDITIONS
' IN INTERIOR
The Rt. Rev. Bishop P. T. Rowe,
whose diocese is the territory of
Alaska, and who resides at Sitka, made
his annual inspection of the Episcopal
church work on the Yukon and tribu
tary waters of the Yukon recently.
The bishop traveled from White
horse down the Yukon, up the Koyu
kuk a few hundred miles, up the Tan
ana, to the mouth of the Yukon, and
up the coast for some distance on the
revenue cutter Bear. Some of the way
he was compelled to use small boats,
and in this way traveled several hun
dred miles.
The Episcopal church has schools
scattered along the Yukon at different
places, and at least one hospital, at
Fort Yukon. This hospital ministers
to the natives and wdiites for a long
distance, as it is the only institution
of its kind in a radius of many hun
dred miles.
The interior is more sparsely set
tled at this time than it has been since
the gold rush in 1897 and 1898. Peo
ple have gone out, so that, the outlook
is not very promising from the stand
point of the present work in the In
terior. It is expected, of course, that
the rairoad wrhen competed will add
something of interest and business,
but it is as yet a question of howT
much it wril contribute.
The bishop feels that a far better
site could have been chosen than the
one taken for the town of Nenana. The
townsne low, ana part is uooueu, auu |
high walks are used to get from one j
building to another. This will mili-'
tate against the town for years to ^
i
come.
As to the coal at Nenana, nothing
has yet been found except such as
will have to be treated before using.
Tt is of a low grade. The railroad from
Nenana is laid for about fifty miles,
running along the Nenana river,
which is a swift and turbulent stream,
and unless good engineering work is:
done on this section it will frequently
be washed out.
The great need of the Interior is j
fuel, as this is scarce and necessarily j
of a high price, practically prohibiting!
mining at the present time. Only the:
richest beds of ore can be worked, and >
even in these the work is discourag-j
ing on account of the high prices of
everything used. The Nenana river
has latent power enough for the elec
trifying of a large section of the terri
tory, could the plant be installed, and
if this were done it would be the
means of providing a much-needed
source of power and heat for working
the ground. The outlook for the com
ing winter is very poor. The Indians,
less provident than the Eskimo, and
l depending upon the fish from the river
for their food, will be terribly short
this season, as almost no salmon have
come up the river.
The bishop, with others, was instru
mental in preventing the establish
ment of more than one cannery upon
(Official Publication)
Report of the Financial Condition of
THE FIRST BANK
OF CORDOVA
Located at Cordova, Territory of!
Alaska, at the Close of Business
on the 6th day of October, 1919
• RESOURCES
Loans and discounts.....$335,804.92
Overdrafts. 2,327.18
U. S. Liberty bonds. 70,645.00
Other bonds and warrants.... 105,271.77
Banking house, furniture
and fixtures. 24,038.70
Checks on other banks and
other cash items . 4,641.34
■ Cash on hand and due from
banks . 199,444.22
Total.$742,173.13
LIABILITIES
Capital stock paid in.$ 50,000.00
Surplus fund . 7,500.00
Undivided profits, less ex
penses paid . 11,878.62
Deposits . 670,421.32
Certified checks. 25.73
Cashier’s checks . 2,347.46
Total .$742,173.13
United States of America, Territory of
Alaska, Third judicial division, ss.
I, M. Brock, president of the above
named bank, do solemnly swear that
the foregoing statement is true to the
best of my knowledge and belief.
M. BROCK, President.
Correct—Attest:
A. E. LATHROP
FRED GLASBRENNER
'S' H. A. SLATER
Directors
Subscribed and sworn to before me
this 10th day of October, 1919.
(Seal) WM. L. FURSMAN,
Notary Public in and for the Territory
of Alaska. My commission expires
November 2, 1920.
i
the Yukon, but that cannery, with a
limited output of 30,000 cases, seems
to have successfully shut out the i
salmon from the upper river. For the
past season the salmon have been very
scarce in the upper river. The natives
used to get something from fur trap
ping, but since the white man has |
come he is getting less and less from
this source, so that his condition, in
stead of improving, is growing stead- ,
ily worse. The Eskimo, however, is j
getting along in much better fashion
than the Indian. He is more careful,
more industrious, and gets along more
easily than the other.
The herd of reindeer which the
Episcopal mission had near Nenana
has been turned back to the govern
ment, as it was found that the expense
of keeping the herd was greater than
the benefit derived would warrant.
This station is somewhat too far south
for the best results in that phase of
the work.
Of the prospects of farming in the
Interior, the bishop says there are
none visible. The Matanuska section
will eventually be a good agricultural
country, but he can not see anything
in prospect for the Tanaka section.
The government station at Fairbanks
has done some good things, but if the
cost is taken into consideration it
would at once appear at what a price
this is being done, and that on the
choicest section of land in that region.
“You can not do farming on an ex
tensive scale if it must be done under
glass,” said the bishop; “and besides^
this you must have a market if you
are to get on in business. And as yet
there is little or no market for Alaska
products in Alaska.”
As the bishop sees it at present,
the outlook ahead is not of the most
encouraging kind.
Read the Daily Times Tor tne latest
and most reliable world news.
_ _
(Official Publication)
(Branch Bank)
REPORT OF THE FINANCIAL CON-j
D1TION
Of the Cordova Branch of the
|
Located at Cordova, Territory of
Alaska, at the Close of Business
on the 6th Day of October, 1919
Resources
Loans and Discounts.$107,321.93
Overdrafts. 863.26
Bonds, warrants and other
securities. 35,673.13
Banking house, furniture
and fixtures . 17,625.95
Due from banks. 11,957.99
Exchanges for clearing
house . 597.05
Cash on hand . 16,299.38
Customer’s liability under
letter of credit. 2,678.90
Total .$193,017.59
Liabilities
Capital assigned from head
office .$ 25,000.00
Undivided profits less ex
penses paid . 1,564.32
Due to head office and other
branches . 21,756.06
Deposits . 137,411.93
Certified checks . 44.25
Cashier’s checks . 4,307.13
Letters of credit . 2,678.90
Reserved for interest. 255.00
Total . $193,017.59
United States of America, Territory
of Alaska, Third Judicial Division, ss.
I, G. K. Betts, vice president of the
above-named branch of the Bank of
Alaska, do solemnly swear that the
foregoing statement is true to the best
of my knowledge and belief.
G. K. BETTS, Vice President.
Subscribed and sworn to before me
('this 9th day of October, 1919.
(Notarial Seal) W. L. FURSMAN,
Notary Public in and for the Territory
of Alaska. My commission expires
Nov. 2, 1920.
r=- -~ i
A LARGE SHIPMENT OF
i
Good Friers
j
—
FRESH EGGS
FOR SALE
JOE FREY
Phone 22
i
Do you know the Horseshoe
i 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.
THE HORSESHOE
BILLIARD HALL
E. L. HARWOOD, Prop.
.. . - . .
ij
WHERE YOU GET J
COMFORT AND SERVICf
And the Rates Are Right.
CORDOVA. ALASKA
i ■ ■■■.' . ■’* """ . ■ '■■»»■ I.I
!
I
IRON STAYS HOT
YOU STAY COOL
In the torrid summer
days when the thermometer
stands at a hundred in the
I shade the
UNIVERSAL
Electric Iron
comes to the relief of the
busy housewife with a com
forting sense of work more
easily done in the very cool
est way. Efficiency and
economy account for the
popularity of UNIVERSAL
Electric Irons.
i
I
Alaska
Publi
! A Delivery Service You j
I Will Esteem I |
•:*: | Punctuality! It is a courtesy you confer upon f
| others in your dealings with them. It is a | :|:j
:;i; 1 courtesy you expect from others in their deal- I &
«• • • , f • «* •
* • • • *V
CORDOVA
IS ON THE EVE OF
GREATER PROSPERITY
AND THE WISE ONES WILL
TAKE ADVANTAGE
OF THE
GOOD THINGS
IN STORE BY BRANCHING OUT—AND ALSO
ADVERTISING IN THE DAILY TIMES
/