The Cordova Daily Times
GREATER CORDOVA’S GREATEST NEWSPAPER ^
ASSOCIATED PRESS TELEGRAPHIC REPORTS.
H. G. STEEL—PUBLISHERS—C. H. SCHEFFLER
H. G. STEEL. Editor and Manager
SUBSCRIPTION RATES:
Single Copies .$ .10 Six Months (In advance) ... | 6.00
One Month . 1.00 One Year (In advance) .... 10.00
Dally and Weekly, by carrier or mail, 61.26 per month.
Entered at the Postoffice at Cordova, Alaska, as second-class matter.
Cnl,-|M»\ \. ALASKA. M()M)AV, AHiTST 1(i, 1!)i:,.
SORRY TIMES IN ALASKA.
Now comes the announcement that the builders of the gov
ernment’s railroad in Alaska are actually allowed to cut trees.
Shades of Gifford Pinchot!
The sacred idol of conversational conservation, bounced
from America, is not able to find safe refuge even in Alaska and
Common sense is coming back into its own despite the Washing
ton bureaucrats.
Had the government’s Alaska railroad been constructed
in the good old days of the late (officially) lamented’ Giff, its
constructors would have been trussed up with red fape in such
wise that they like enough would have had to contract in Brit
ish Columbia for all the timber required. Thus the territorial
supply would have been saved for unborn generations, which
probably will follow in the footsteps of Kdison and make con
crete do the work of wood.
Some one evidently has emancipated ordinary good judg
ment from the shackles of Washington theories. The first thing
the country knows, an order will be issued allowing individuals
to mine, ship, sell and burn Alaska coal.—Seattle Times.
-:o:—-—
* > , THE RECESSION IN COPPER.
^ j'-tr—.. J _
There is now a good deal of talk in the newspapers about
the greatly increased production of copper, the greatly dimin
ished exportation with corresponding periods of 1014, and the
recession in the price of the metal. In the abscence of any sta
tistics the trade is now in the dark respecting the actual rate of
production. However, there is no doubt that the present pro
duction is very large, perhaps the largest on record so far as the
United States is concerned, inasmuch as all of the important
mines are being operated as strenously as can be done. Nor is
there any doubt that the exportation of refined copper in bars,
cakes and ingots is’less than is used to be, for there are definite
statistics upon that subject. However, those .statistics do not
give the quantity of copper exported' in the form of brass and
other manufacturers, which exportation has lately increased
enormously. It is well known that the brass makers of Con
necticut are working overtime.
' With respect to the recession in price, the previous exag
geration ot the \\ all Street papers is now coming home to roost.
The copper market did not at any time rise to 2014c. The high
point was 2014c., regular terms, which corresponds to a trifle
more than 20c. cash, New York, the customary discount of V>
per cent, amounting to 10 points, while the average freight rate
on deliveries is probably in the neighborhood of 10 points,
making a total of 20 points. Some sellers recokon the average
cost of delivery a little lower, while others reckon the total
differential a little higher, there being usually a loss of interest
of about 15 days in addiiton to tin* regular allowance of 30 days.
Therefore the pirce of copper has declined from the level of
about 20c.. not 2014c. i
The decline started immediately after the cessation of the
great buying movement about the middle of June. The princi
pal producers were then sold well ahead, and, being busy with
deliveries, they were more or less indifferent as to welither buy
ers wanted to contract immediately for more copper or not. On
the other hand, there are interests that contractually have, to
take in copper all the time and must either accumulate it at the
expense of capital or credit, or must sell it for what they can
get. There are numerous small producers of crude copper
who are confronted by the same conditions. The recent reces
sion in the price for copper has come about naturally through
the efforts of such interests to find a level upon which tin* metal
would move. There has been no pressure on the market and
the inauguration of a new buying movement of important
dimensions would no doubt lead to a sharp rally.
Tndeed the situation of copper appears to be foundament
ally strong. In spite of the increased production, the refiners
agree that the stocks in their hands have not increased. The
consumption of copper for ammunition will continue to be large,
but most important is probably the coming increase in domestic
peaceful, consumption which the revial in the iron and steel in
dustry—now a well-established fact—is believed to foreshadow.
-;o:
EDITORIAL COMMENT
Up to this moment we have not succeeded in discovering
any new reasons why the word “unique” should not be stricken
from the dictionary.
It now midsummer; the country is in her full luxriance, and
in the words of Milton “it were an injury and sullenness against
nature not to forth and taste her beauties and mingle in her re
joicings with heaven and earth.”
The Latin boaster is keeping up his best licks, modernity
interfering not the least with the best traditions of lofty recital. ’
A dispatch from Rome says the Italians have killed 10,000 :
Austrians by rolling rocks down upon their trenches.
I Rooms With Bath First Class Dining Room I
COMMERCIAL HOTEL
Mr*. Catherine J. Palmer, Proprietor
Steam Heated Modern in Every Respect
Headquarters for Chamberlain’s Auto Service
CHITINA - ALASKA
DR. W. H. CHASE
PHYSICIAN and SURGEON
Office over Cordova Drug Store.
Calls may be left at Cordova
Drug Store. Residence,
Rainier-Grand Hotel
DR. W. W. COUNCIL
Physician and Surgeon
Office at Company Hospital
Hours—10 to 12; 1 to 6 p. m.
DR. C. L. HALE
DENTIST
Office In Adams Building
ASA C. BALDWIN
Civil Engineer
Patent Surveys
Address: Valdez, Alaska
GEO. F. WHITE
The Assayer
Assaying and Ore Testing
VALDEZ, ALASKA
Established 1911. Formerly 12 years
with Tacoma Smelter
E. F. MEDLEY
Attorney and Councellor at Law
Room 1
Adams Block CORDOVA, ALASKA.
CLOTHES
CLEANED AND PRESSED
All Work Given Prompt
Attention
CHARLES GAME
P* nr rr v* ,)'‘w if |
E. A. HEGG
PHOTOGRPHER
PHOTO SUPPLIES
Views and Post Cards
STATIONERY
PICTURES and FRAMES
_i
- ■ . ■ : '
M. C. Thompson H. C. Murphy
i
i •* / *. I - | t, •„ .' 111
The MECCA
Thompson & Murphy, Props
Dealers in
WINES, LIQUORS AND
OIOARS
Phone 107.
.
_!
_
One Visit
Will
Make You
A
Regular Patron
At
Slater’s j
Restaurant
Private Boxes
For j
Large or Small
Parties
— ~ I
GOLD-COPPER
FOR SALE
A high grade Gold property, ten
mile* from Valdez with several
hundred sacks of high grade ora' l
on the dump. Thl* property ad
joins a producing mine and sev
eral veing of high flrade ore are
exposed on the surface of this
ground.
Also four groups of copper
properties on Prince William
Sound, adjoining navigable water.
All of these properties could be
made producers with a small
amount of money and for a party
who can open same up or can se
cure the capital to do so, this is
an opportunity to make a fortune.
For prices and terms apply to
S A. HEMPLE, Valdez, Alaska
u. , ■ ■ t
GOLD
SHIELD
COFFEE
“ALWAYS” GOOD
SOLD IN SEALED CANS ONLY
The Quality of Gold Shield Coffee has
Won Favor In all Homes
Roasted and Packed by
SCHin BR0S.&Cl.
Incorporated
SEATTLE, WASH.
ALASKA
STEAMSHIP CO.
Fast and commodious (teamera sailing between Seattle, Ketch
ikan, Wrangell, Juneau, Skagway, Cordova, Valdez, Seward and
SHIP CREEK, via INSIDE PASSAGE
Sails from Seattle— Sails from Cordova—
July 25.ALAMEDA..Aug. 5
July 31 .NORTHWESTERN.Aug. 8
Regular freight aervlca tor Ketchikan, Juneau, Sheep Creek,
Treadwell, Douglas, Cordova, Ellamar, Valdez ard Latouche. Explos
ives, 8. 8. Seward. 8. 8. 8eward, 5th; S. 8. Latouche, 15th; 8. S.
Cordova, 25th of each month.
This company reserves the right to change schedule of steamers
without notice. ■ ^
Tickets on sale at up-town office Alaska Steamship Bldg. Baggage
or freight will not be received at the dock later than one hour before
sailing time.
F. B. TRACY, T. J. TALLENT,
General Agent Ticket Agent
m ~t—7—
Pacific-Alaska Navigation Co.
ALASKA PACIFIC S. S. CO. ALASKA COAST CO. ^
PUGET SOUND-ALASKA ROUTE
Next calling from Seattle will be
ADMIRAL EVANS, JULY 27
ADMIRAL WATSON, AUGUST 5
Via the INSIDE PA88AGE for Ketchikan, Juneau, Yakutat.
Katalla, Cordova, Valdez, Seward, Cook Inlet point* and Kodiak
Island.
Seattle-San Francisco connecting with steamers Yale and Har
vard for Southern California Ports.
Schedule subject to change without Notice.
ALASKA TRANSFER CO., Local Agents ^
Copper River &
| Northwestern Ry. |
Effective June 12th, 1915.
Two trains every six days between Cordova and §j
§ Chitina, one of these trains leaving Cordova making |
connection with Alaska Steamship Co. steamers arriving
from Seattle.
Trains between Chitina and Sliushanna Junction, §1
| and Kennecott connect.with trains between Chitina and §•
; Cordova.
All trains from Cordova leave from Second Street |
jjj: Depot.
Dining Car in Connection With all Regular Pessenger Trains Be- :£
tween Cordova and Chitina.
The above schedule subject to pliange without notice.
Freight received from 9 A. M. to 5 P. M.
Tickets on sale at Depot or up-town office, Alaska ijij
|:j: Steamship Company building
| Caleb Corser S. R. Hedges
Superintendent Cordova Agent
|ij: lower prices I
| HARMON & DEEVER
jj Phone 39
! CORDOVA - - ALASKA