HEADS ALASKA
COMPANIES 0
A1UAL TOUR
President Stephen Birch, Vice Pres
ident W. P. Hamilton, of the Kenne
cott Copper Corporation and Vice
President E. T. Stannard, of the Alas
ka Steamship Company, spent last
evening with Cordova friends. They
left on the Alameda for Latouche and
will return here next week and make
a trip to Kennecott.
Mr. Birch said that the producing
cost of copper is under 10 cents a
pound, compared with nine cents last
year. Questioned as to the probable
life of Kennecott, Mr. Birch said that
in deep mines such as the Kennecott
it was difficult to figure the life of
a property, but there is more ore in
sight now than was originally figured
on. The corporation is opening up
new large bodies in Alaska of the
same character as the 60 per cent
high-grade ore first discovered, and
from present indictions the ore looks
as good as it did five years ago.
Speaking about the dividend out
look, Mr. Birch said that any increase
in disbursement depends, of course,
upon the copper market. Kennecott
has not as yet received any income
from Braden. Demand for copper is
springing up again and Kennecott is
In a position where it can increase
production when the proper time
comes.
Kennecott controls the Mother Lode
Coalition mines, in addition to own
ing Braden and approximately 38 per
cent of Utah Copper’s outstanding
stock. Braden has a life of about 70
years at a maximum production and
Utah about 28 years.
This is the first trip north by Mr.
Stannard since taking over the reigns
of management of the three big com
panies, Kennecott Corporation, Alaska
Steamship Company and Copper River
and Northwestern Railway, and as he
has been in the saddle but a few
months he is very busy. He feels that
he is an Alaskan in every sense of
the word, having resided six years
continuously in the North, in charge j
of the Kennecott properties, and his
chief desire in his new position is to i
aid the country.
One of the difficult problems which
he has encountered in his new po
sition is the fuel question. Oil be
coming ever more scarce and more
costly, is one of the chief items of
expense for transportation, and the
outlook for the future is not as
bright as might be desired.
As head of the three great corpor
ations, Mr. Stannard, still in his
! thirties, holds one of the biggest
jobs on the Pacific Coast for a man
i of any age. Yet, with it all, and des
pite his big responsibility he finds
time to know all his men, large and
small, and to have a pleasant word for
all of them.
The rise of Mr. Stannard to his
present position also is another dem
onstration of American opportunity.
Starting out a boy of little or no
| means. Mr. Stannard, just out of
school, started to work for the Gug
genheim interests and he has never
been employed by any other cor
poration. He has successively . and
successfully held increasingly import
ant positions.
ROUND-TRIPPERS ON
STEAMER ALAMEDA
The following round-trippers are
on the steamship Alameda and took
in the excursion to Miles Glacier yes
terday afternoon: Eugene Pfeffer,
Victor Luisler, Bernice A. Sully, Mrs.
P. L. Stewart, Mrs. Pfeffer, Gatherine
Shaffer, Mrs Mamie Houseton, A. O.
Buhmeister, Mrs. Anna Schwartze,
R. E. Robinson and wife, Bobby Rob
inson, A. E. Huntington and wife,
Winifred Huntigton, Miss G. O’Connor,
Miss M. L. O’Connor, Belle Blather
wick, Evalena Ely, Mrs. Reimers,
Mary A. McCullough, Mrs. Anna B.
Lobdell, Mrs. Ella M. Marshall.
Fred Sanders came over from Ka
talla to spend a few days here.
Cordova Jazz Orchestra Dance at
Eagle Hall on Wednesday and Satur
day nights. Music by the Ragtime
T rio.
NOTICE
All persons having a claim against
the Fourth of July fund please pre
sent same at once. Also, those who
have not paid their subscription to
the fund please do so—that the busi
ness may be closed up.
W. H. CHASE
Don’t forget the place to get your
Fourth of July ribbon is at the
O-T-O shop, Windsor Hotel 2-2t
• I • • • ♦ • • • • •
Christ Nielson and wife of Bligh
Island spent the Fourth in Cordova.
Ed Rucker, Deputy Clerk of Court,
and bride were returning passengers
on the Alameda.
The Cordova Beverage and Dairy
Company received several milk cows
on the last boat.
Don’t forget the regular Wednes
day night dance at Eagle hall. Music
by the Ragtime Trio.
Attorney Anthony J. Dimond is a
round-trip passenger to Seward on the
Alameda on legal business.
•
Francis O’Neill went to the Cordo
va general hospital this morning to
have his injured foot treated.
i Makar Zharoff of Valdez spent the
Fourth with his family returning with
his two sons on their own gas boat.
Mrs. James Sheridan has returned
home from a pleasant visit of sever
al weeks with her parents at Anchor
age.
Captain R. E. Davis, superintendent
of the Hoonah Packing Company,
came over from Chilkat on a launch
yesterday.
Dan Wilcey, Valdez merchant
prince, returned to his home on the
steamship Aalameda after spending
the joyous Fourth in Cordova.
Among Valdez visitors for the
Fourth were Clinton Egan, Dominick
Vietti, Gus Kring, Emmett Egan. J.
W. Frame, Daniel Wilcey.
In yesterday’s celebration account
of the Fourth we failed to give pro
per credit to Dr. W. H. Chase for his
untiring efforts in providing such an
entertaining program and for the gen
eral success of the two day’s proceed
ings. He devoted much of his time
to the affair and is entitled to a vote
of thanks for the able manner in
which he handled the athletic events.
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|| 1 Figure It Out |
| y^f^ The cost of clothes isn’t just the price—
| f /'' I it’s the price divided by the number of 1
| t|_J days you wear the clothes. |j
| Itf I Because our clothes wear more days for |
| III I every dollar spent THEY COST LESS. J
| || | I If you aren’t satisfied-money back jj
| tSSs^ ' THE HOME OF |
Copjrlghi Hart Bchaflfner <fc M*r* 'v
1 • HART SCHAFFNER & MARX |
THE BLUM - O’NEILL CO. \
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