FIRST BANK OF CORDCVA
CAPITAL STOCK $25,000
4% on Time Deposits
We Sell Travellers’ Checks
Gold Dust Bought at Highest Market Prices
DESPOSITORY FOR TERRITORIAL FUNDS.
Northern Drug Co.
Do You Like
The very best Candies?
Well, we have them.
! By the Box and in Bulk
| Fresh on every boat
Come in and try them at the
Corner Drug Store
SHELDON’S AUTOS
Five days from Chitina
to Fairbanks
Take the Automobile Line at Chitina for all
points on the Government Trail.
Fare to Fairbanks $75
Cordova Power
Company
LIGHTS, WATER, PHONES
AND POWER
y 25 and 40 Watt Lamps.35c.
60 Watt Lamps.50c.
100 Watt Lamps.75c
250 Watt Lamps.$2.00
200 Watt, Gas Filled Lamps.$3.00
Office: FIRST STREET.
AN OFFER FOR SIXTY DAYS ONLY.
1 575 Town Lots in Cordova.
Ranging in price from $50 up to $.3000, and 000
j| -t Town lots in Chitina from $50 to $1000. Any
P or all of them on easy terms.
* Now is the time to buy.
|J For particulars—Call on or write to
I GEO. C. HAZE LET,
I Cordova, Alaska. Trustee and Agent.
.i 111 minm**A***'*******•*.*'*** *1'1 •*-*•-*••*t1
--:..i The Leading Hotel of Alaska
— WINDSOR
: .- HOTEL
:i . . CORDOVA, ALASKA
■ iiiiimnr....*..
World Astonished By |
Low Production Cost |
X;
At Kennecott Mines)
I
Copper invoRtors will doubt less be
astonished to learn that the world's
lowest cost copper producer is located
In Alaska. They will be surprised
also to know that It is now shipping
at the rate of 60,000,000 pounds of
copper per annum, made at a cost
not far from f» cents per pound.
The general public would probably
recognize the proposition as the fam
ous Bonanza mine, in which, with the
railroad connection thereto, .1. P. Mor
gan & Co. and the Messrs. Guggen
heim have invested many millions, hut
today the Kennecott Copper Corpora
tion embraces not only the Bonanza,
but the Jumbo mine, a property
equally rich and equally important ns
a copper producer, together with an
85 per cent, interest in the Beatson
Copper Company, a 10,000,000-pound
producer.
The recent purchase by J. P. Mor
gan & Co. of $10,000,000 6 per cent 10
year bonds of the Kennecott Company
make timely a presentation of who'
the company owns, what it has
achieved to date, and what are its
prospects for the future.
Discovered by Stephen Birch
The property is to all intents and
purposes the discovery of Stephen
Birch. At all events, it was Mr. Birch
who acquired it in 1901 from the orig
inal discoverers and started in to de
velop it under most adverse condi
tions. In 1906 tin" Alaska Syndicate,
composed of J. P. Morgan & Co. and
M. Guggenheim Sons, took over the
property. It is generally understood
that Kuhn, I.oeb Sr Co. particioated
in the Guggenheim interest. At that
time it was still a prospect, but an
unusually attractive one.
Alaska Railroad Building
The confidence of the syndicate In
its ultimate value is best seen in their
willingness to invest $22,000,000 in the
construction of 196 miles of railroad
in order to reach the Bonanza mine.
The railroad runs from Cordova to
Kennecott, and its construction was
accomplished only after surmounting
great difficulties. Two steel bridges
alone cost the syndicate no less than
$2,000,000. While the railroad was
being constructed the property was
being developed, but the necessary ma
chinery had to be hauled in over the
mountains, a distance of over 200
miles, at enormous expense, In order
to have the mine opened up on a pro
daring basis by the time the railroad
was completed.
The Bonanza mine started ns a pro
ducer in April, 1911. It has been a
steady producer ever since, and has
paid out in dividends $7,500,000. While
the Bonanza was producing, develop
ment work was being carried on in
other properties, notably the Jumbo,
which is located within a mile of the
i Bonanza, and carries the same char
acter of ore. It was not until this ye.ti
that the Jumbo began shipping ore.
Making Copper for 3.65 Cents,
Mr. Birch, who is now president of
the Kennecott Copper Company, fur
nished us with the following data ,
showing the production, cost per
pound and profits of the Bonanza mine (
since 1911:
Production Cost per
Pounds Pound Profit.
1911 .21.007.096 4.19o $1,658,205
j 1912 .22,366,478 4.43 2,633,568 ,
1913 .14.621,834 5.48 1,424,635
1914 .13.988,273 5.78 1,104,645
1915 3 mo. 7,430.113 3.65 707,600
The average cost of producing this
copper was under 4% rents per
pound—to be exaact, 4.72 cents. The
average selling price was between It
cents and 15 cents. The falling off In
production in 1913 was due to the
[shutting down of mining operations
on account of the destruction of the
tramway by (ire. while the relatively
small production in 1914 was duo to
the curtailment by the European war.
The ore in the Bonanza and Jumbo
properties occurs in limestone, in ir
regular deposits, in places running as
high as 73 per cent, copper anti aver
aging in excess of 13 per cent, copper
I In mines of this character and rich
I ness, it is not possible to estimate ore
I reserves with exactness, but the for
I mation in which this deposit occurs
is such that the company sees no rea
son why values will not continue to
very much greater depth. At pres
ent tlie mine is opened to a depth of
COO feet.
ORE RESERVES
In mines of this character it is not
i usual to have more than two or three
[ years of ore blocked out, but the Ken
necott people are actually blocked out
j six years ahead. Engineers claim that
•X
.v
he ore deposit is comparable with ■?,
tint of the Copper Queen nt Btsliee, *
\rlz. “
In niblltion to the nbove, the com- f■
wny owns over 85 per cent of the :$
dock of tho llcatson Copper Company, A,
ipon which a concentrator ha* been ijjl
ntely completed, ami it Is estimated
nut tills property will yield about 10, $
loo.ono pounds of copper per annum, :-i;
t is located on I.n Touche island. The $
ire and concentrates are loaded di
•ectly upon steamers and shipped to A
racoma, where they are smelted, re
itied and made into metallic copper.
During the summer months the Ho
mnzn and Jumbo properties are mined -:ji
rom the surface as well as under
ground, with plenty of water to oper
ite the concentrator. In consequence
here should he a higher production
luring the summer months than dur- ^
ng the winter period, when the
veather is severe and the wnter is
ow, but including a steady output
rom the Ileatson property, it is offi
■iallj estimated that the average out
nit should lie very close to 5,000,000
iiiunds tier month at a rost of not over
•': cents per pound. The properties
•mliraeed in the Kennecott corpora
lon have to date produced between
10,000.000 and 100,000,000 pounds of
'upper.—Boston News Ifureau.
LERI
HDSPITflL '
•
NEUVILLE - SOITS-MONTEREUIL,
July 13.—Madame Henry Saint-1’aul
do Sincay of Paris, who was Miss
Mary Louise Logan, daughter of
Major John A. Logan, who served
under Grant in the Civil War ,is eon
ducting once of the largest war hos
pitals in Belgium in the monastery ol
the Carthusian monks here.
Seven hundred Belgians, 600 ol
them non-combatants who, with the
tenacity of the Flemish race, stuck tc
their firesides until they were mutil
ated by sheila or stricken by disease,
are recovering here in the quiet ol
the cloister. A hundred of them arc
children from 18 months up.
There are altogether a hundred civ
Ilian wounded, most of them serf
ously; the rest are in various stages
of different diseases, many of them
recovering from typhoid. The build
ing, containing 26 separate and dis
tinct. lodgings provided for each oi
the 26 Carthusian fathers, has been
admirably utilized for the isolation of
contagious cases, and the choice of a
young American woman by Monsieur
. Berryer, Minister of the Interior o(
Belgium, to manage the hospital is
justified by the quiet order and etll
ciency with which everything Is done.
Ninety-three people under her direc
tion take care of 700 patients at the
[ low cost of 2.72 francs per day. The
| nursing of the sick and wounded is
; donc> by White Nuns from Dixmudc
; and Poperlnghe and Black Nuns from
1 Ypres and Fumes, and with mucl
■ simplicity and calm.
i -:o:
Situation Wanted .
i By widow lady to take charge of s
! rooming house or to cook at a camp
\ or roadhouse. Mrs. O. Phillips
| Chitlna, Alaska.
HAMBURG, July 14.—As nn nuxil
ltary food supply, of which little ad
vantage Is taken, mushrooms are
being urged upon German epicures,
and especially upon Catholics as sub
stituted for meat on fast days.
Hr. von Langemann, a Dresden
physician, estimates that there are
over 200 kinds of musnrooms in Ger
many. At least one quarter of these
are not only edible but nourishing
and tasty, while only seven can be
classed as poisonous toadstools.
The annual crop, if it ail were har
vested, would run into the millions of
marks in value, he believes, and would
supply hundreds of tons of food. Al
ready the inhabitants of villages in
the vicinity of forests have learned to
supply themselves with a valuable
food that costs nothing but tlae
gathering.
I
$
BKIlIilN, July 14.—The very latest
thing in watch charms is a miniature
“bread card" of gold or silver which i
being manufactured in Austria for the
benefit of charity. The “Cards” bear
■on one side the red and yellow cross
and the words “75 grams bread or 5rt
grams flour.” On the other is the In
scription “Souvenir of the world-war,
1914 15.”
-:o:
v t
FOR SALE
One or two good, black foxes; some
good dark cross foxes; also some gpod
mink. Harry Christie, Alaganik.
-:o:- V
All the Real News In the Times. *
*■ -
■
Restoration to Entry of Lands in
National Forest
Lists 6-1496,-1512,-1513,-1541.
Notice Is hereby given that the
lands described below, embracing
16'.*.SK acres, within the Chugach Na
tional Forest. Alaska, will be subject
lo settlement and entry under the pro
visions of the homestead lnws of the
United States and the act of June 11,
1906 (34 Stat., 233), at the United
States land office at Juneau. Alaska,
on August 16, 1915. Any settler who
was actually and in good faith claim
ing any of said lands for agricultural
purposes prior to January 1, 1906, and
has not abandoned game, has a pref
erence right to make a homestead
entry for the lands actually occupied.
Said lands were listed upon the appli
cations of the persons mentioned
below, who have a preference right
subject to the prior right of any such
settler, provided such settler or appli
cant is qualified to make homestead
entry and the preference right Is
exercised prior to August 16, 1915, on
which date the lands will be subject
to settlement and entry by any quali
fied person. The lands embrace a
tract of ion acres, described by metes
and bounds as follows: Beginning at
Corner No. 1, situated on the bench
immediately north of the town of
Niuilcliic, east shore of Cook Inlet, a
post marked 11 1 whence U. S. L. M.
No. 1, bears 3. 49 deg., 45 min. \V*
17>s cl ; extending thence N. 14 de/.
K., 15.15 chs.; thence meandering east
shore or Cook inlet 60 feet back from
line of ordinary high tide, N. 41 deg.
K., 7.53 chs.; thence N. 28 deg. K.,
17.27 chs., to Corner No. 3; thence E.
35.17 clis.; thence a. 36.75 chs.;
thence W. 51.82 chs., to the place of
beginning, listed upon application of
Alex ltoman, Homer, Alaska; List
6-1496
A tract of 153.60 acres, described by
moles and bounds as follows; Begin
ning at Corner No. 1 a spruce post set
in ground 60 feet distant from mean
tide line on east bank of Baida Creek,
east shore of Cook Inlet approxi
mately \i. mile northerly from Apex
of Anchor Point, marked H-l, whence
Forest Service Monument No. 10 at
Granross Creek enst bank Baida
Creek, hears N. 20 deg. E., 44 chs.;
extending thence along the east bank
of Baida Creek N. 51 deg. E., 7 chs.;
thence N. 21 deg. K, 14 chs.; thence
N. 28 deg. E., 4.44 ehs., to Corner No.
2 thence E. 66.81 chs.; thence S.
21.40 chs.; thence W. 79.27 chs., to
the place of beginning, listed upon
application of Jacob Petaja, Homer,
Alaska; Bist 6-1512.
A tract of 86.78 acres, described
by metes and hounds as follows. Be
ginning at Corner No. 1, Forest Ser
vice Monument (hereinafter de
scribed) bears N. 24 deg. W., 90 links;
extending thence along the east shore
of Forberg Bay 60 feet back from line
of ordinary high tide S. 54 deg. W.,
2.90 chs.; S. 4)1 deg. W., 5.16 chs.; S.
34 deg. W„ 5.80 chs.; S. 22 deg. W„
3.33 chs.; S. 50 deg. \V„ 6.88 chs.; S.
46 ileg. VV„ 6.33 cits., and S(. 40 deg.
VV„ 9.60 chs.; to Corner No. 2; thence
S. 24 deg. E. 18.30 chs.; thence N. 58
deg. E„ 36.58 chs.; thence N. 24 deg.
W , 29.55 chs., to the place of begin- ,
ning. Forest Service Monument con
sists of a post set in mound of stones
on top of bluff 10 feet above high ■
tide line on east shore of Forberg Bay, '
marked F. S. M. It. whence Passage -
Point bears N. 7 deg. E., and Observa
tion I’oint bears N. 48 deg. E. Bisted
upon application of Peter Forberg,
Cordova, Alaska; Bist 6-1513.
A tract of 69.50 acres, described by
metos and bounds as follows; Begin
[niic: at Corner No. 1 situated on the
! south shore of Boswell Bay a post
| marked H-l; extending thence N.
t; : di g. 45 min. K.. 10.69 chs., to Cor
ner N’o. 2, identical with Forest Ser
vi e Monument, whence Northernmost
point of Boswell Hock, a conspicuous
lone rock 80 feet high on mud flat
near south shore of Boswell Bay.
hears N. 87 deg. 30 min. W„ 36.43
clis.; thence N. 45 deg. E., 9:41 chs.;
thence E. 24 chs.; thence S. 26 deg.
30 min. K„ 20 ehs.; thence S. 76 deg.
30 min. \\\, 1.59 chs.; thence W. 49.12
chs.; thence N. 7.15 chs., to the place
of beginning listed upon application of
William Boswell, Cordova, Alaska;
Bist 6-1641.
C. M. BRUCE,
Assistant Commissioner of the
General Band Otttce.
Dated April 17, 1916.
FOR GENERAL TEAMING, BAGGAGE
TRANSFERRED, AUTO SERVICE
COAL AND WOOD
ALASKA TRANSFER CO.
Cordova and Anchorage
UNEXCELLED WAREHOUSE FACILITIES
For Storing and Insuring Baggage,
Mdse, and Household Goods
Office—EMPRESS BUILDING, CORDOVA—Phone 85 I
Northern Meat Market f
WHOLESALE AND RETAIL DEALERS IN
Fresh Beef, Pork, Yeal, Mutton j
and Provisions
- I
Particular Attention and Prompt Service Given to orderi from
MINING CAMPS, ROADHOUSES AND
INTERIOR POINTS |
SMI III & GLASBRENNHR, Props.
111
Tup: NORTHERN LIFE INSURANCE COMPANY has
again to report a successful year, with marked gains
In every direction.
The assets were increased One hundred and Thirty-five
Thousand Dollars! the resrre for the protection of Policy *
holders. One Hundred and Sixteen Thousand Dollars.
Accident and Sickness Claims of $2S,478.uO were paid,
and Death Claims of $33,453.(10.
No death Claim has ever been disputed.
All claims are paid iimnedltely on receipt of proofs.
Total paid to policyholders in 1914 was $116,209.26.
The Company's yearly income was increased to $415
505.00.
After paying dividends of eight per cent, to stockholders
and dividends of $32,661.24 to policyholders—
The net surplus of the Company wus increased more
than seventeen per cent, over the prcceedlng year
TRUE you need Life Insurance for the benefit of the
wife and children, but you waut insurance for more
than that alone.
Suppose you should get sick, «r by accident you had
your hand mangled or your limbs crushed, or any of the f
thousand and one mishaps which are liable to take place
—where does an old fashioned Life Insurant’ .* policy avail.
The Insurance for you and for everbody is the kind
that fully insures by combining all of these features.
3 in 1 is the answer
Life, Accident and Health Insurance in one policy for
one premium.
Write or phone now for full information.
.... Z Northern Life
Occupation: Home Office, Seattle
Fill in coupon and mail to
E. RANSOM
Div. Supt. for Alaska
Age:. A. J. Adams, Local Represen
____ tative, Cordova, Alaska,
_
_
Choice Tobaccos, Cigars and
Smokers Sundries-Wholesale
and Retail Cigar Store
The
Horseshoe
POPULAR RECREATION PLACE
Billiards and Pool*
Headquarters for the Petersen,
Wellington, Calabash and
Garrick Pipes
f+ + + + + + ++-+-> # sf4t« *t444444 4f44t^
; INSURANCE
► FIRE, MARINE, LIFE and ACCIDENT „
I Insure your property against fire in reli- ;;
liable Insurance Companies ;: j
We represent tlie NIAGARA, LONDON, L i
PHCENIX, HARTFORD, NORTHERN, GLOBE ;;
& RUTGERS, and others; all strong Board Com- ■ > 1
panies. i i - ;
l -
We also represent the Maryland Casualty L
t Company, and issue Fidelity and Surety Bonds.
j NORTHWESTERN REALTY A TRUST COMPANY ||