GROCERIES
HARDWARE
GENT’S FURNISHINGS
W. A. COGHILL
FURS BOUGHT
AND SOU)
1
TRAPPERS’ AND MINERS’ SUPPLIES
GENTS’ SUITS, OVERCOATS, MACKINAWS, SHOES, ETC. j
5®®@® z
KENTUCKY FORMS
BIG RACING CLUB
LOUISVILLE, Ky.—A corpora
tion with a capitalization of $3,000,
000 to be known as the Kentucky
Jockey club, is to be formed to |
take over the four Kentucky racing
plants, Latonia, Lexington and Doug
NENANA LODGE No. 1193 i
L. 0. 0. M. I
MEETS AT MOOSE HALL
FOURTH AND B STREETS
On Second and Fourth Tue»day»
At 8 P. M.
ALEX FOWLER M. V. TYLER,
Secretary Dictator. ^
las Park and Churchill Downs, upon
which options were recently taken
by a syndicate of Kentucky horse
men.
In the announcement, it is de
clared that among the objects sought
in the consolidation is the placing
of racing on a higher plane in the
state, and the belief is indicated
that this can best be done by widely
scattering the stock among breeders
and racers of thoroughbred horses
themselves.
The capitalization will be divided
into $1,000,000 of preferred stock
and $2,000,000 of common stock.
SHIP MAY BE NAMED
TO PLEASE ISLANDERS
SAN JUAN.—United States Sen
ator Miles Poindexter, member of
the Senate Naval Affairs com
mittee, has written a letter to the
Porto Rican Department of Educa
tion, promising to endeavor to name
a battleship after the island of
Porto Rico. This would be in com
pliance with a petition recently
signed by thousands of Porto Rican
school children and forwarded to
Washington.
OLD PAPERS FOR SALE AT
THE NEWS OFFICE
Nothing Succeeds
Like Success
Our Goods are Right. Our Prices are
Right
Watch and Jewelry Repairing, Engraving
Wm. TAYLOR
cds I uf living
GRAVE PROBLEM
IN I HE SIAIES
(Literary Digest)
The ballooning movement of
prices in the United States, as the
St. Paul Dispatch reminds us, be
gan long before the war, but an in
crease of nearly 70 per cent be
tween July, 1914, and November,
1918. se^ms to indicate that the
war was a great accelerator of this
movement. And with the cessation
of hostilities comes a growing de
mand that soaring prices be checked
and brought down to levels on
which the consumer can meet them
without suffering from financial
vertigo. “The high price of living
has got to come down, and we have
got to do something,” observed the
governor of Minnesota to the gov
ernor of Maryland during the re
cent conference of goverors at An
napolis on the problems of recon
struction. And the Grand Rapids
News agrees that “the biggest prob
lem before the nation is the prob
lem of reducing living costs.” Sam
uel Gompers, president of the Amer
ican Federation of Labor, serves
notice on industry that wages will
not be permitted to decline, and the
Knoxville Journal and Tribune sug
gests a deadlock when it remarks
that “in the industries generally
the cost of labor is the largest item
in the cost of production, and lower
prices will depend upon lower cost
of production.”
The occasion of these comments
is the publication of statistics gath
ered by the National Industrial Con
ference Board, whose headquarters
are in Boston. From an advance
summary of this board’s report, we
learn that during the war the cost
of living for wage-earners in the
United States increased 65 or 70
per cent., the greatest increase be
ing in the price of clothing, which
showed a rise of 93 per cent, while
food lagged only a little behind with
an increase of 83 per cent. But
since food occupies a much more
prominent place than clothes in the
family budget, it is the increase in
the grocers’ and butchers’ bills that
bears most heavily on the pocket
book. To quote the board’s tabu
lation, with a couple of explanatory
paragraphs:
“The budget of the average work
ingman’s family, according to care
ful investigations by government
and other agencies, is distributed
among the different items approxi
mately as follows: food, 43 per cent
of the total; shelter, 18 per cent;
clothing, 13 per cent; fuel and
light. 6 per cent; sundries, 20 per
cent. Applying the percentages of
L. C. ISABEL
BARBER
Shop in Portland Building
Now'5' Open for Business with
Full Line of Requisites
Visiting Cards
Typewriter
Ribbons
Carbon
Paper
Legal
Blanks
Tablets
Blotters
Envelopes
Scratch Pads
NEWS OFFICE
increase up to November, 1918, as
indicated by the board’s study, to i
these respective items, the average i
increase in the cost of living as a :
whole is 65.9 per cent.
“The board's estimate of changes :
in the cost of living should not i
be confused with changes in whole- ;
sale price index-numbers such as i
Bradstreet’s, Dun’s, and those of i
the New York Times Annalist. As
shown in the board's previous re
port, such wholesale commodity
price changes do not necessarily run
parallel especially, wholesale quota
tions tend to advance faster than
retail. Futhermore, such wholesale
commodity price index numbers,
while a valuable reflection of mar
ket conditions, do not take account
of the fact that different items have
varying importance in the family
budget. In short, they are not a
measure of changes in the cost of
living.”
“Somebody or some interest has
got to take a loss to start the down
ward process in motion,” remarks
the St. Paul Dispatch, and Judge
Gary, chairman of the Board of
Directors of the United States Steel
Corporation, seems to have been the
first to volunteer, in the name of
his corporation, for this sacrifice.
To quote the Minneapolis Journal:
“From Judge Gary comes the re
markable suggestion that as the
opening move in the general down
ward trend the steel makers of the
country agree to a moderate re
duction in prices, but at the same
time maintain wages where they are.
“Steel is proverbially the bara
meter of trade. Is it not right,
then, that it should lead the way in
price and wage readjustment?"
In other lines besides steel, ac
cording to the latest monthly cir
cular issued by the People's Na
tional Bank of Pittsburg, “the de
cline in commodity prices has al
ready begun.” A price decrease is
reported for both cotton and cotton
giods, but we are warned that all
decreases will be gradual.
SALARIES OF BAVARIA
ARE LOWERED BY PEACE
MUN'ICH.—Much speculation has
been caused by the question of what
the ,‘revolutionary ministry is cost
ing the state of Bavaria, especially'
in comparison with the former min- j
istry There are eight ministers in i
the cabinet today, and each draws j
5 STRICTLY SANITARY BATHS ATTRACTIVE LOBBY $
COONEY HOTEL
t T*1E MOUSE OP COMFORT FOR ALL 5
\ DOG KENNELS NENANA. ALASKA *
®
I CENTRAL RESTAURANT
ci
I
CJ
10
FIRST CLASS QUICK SERVICE
HOME COOKING OUR SPECIALTY
NEXT DOOR TO CASCADE LAUNDRY
KETOOROKY & CO.
(BETTER KNOWN AS RUSSIAN JOHN)
OPEN DAY AND NIGHT
V
to
I
ft
(I
$4,500, making a total of $36,000.
To th;s must be added the pensions
:>f the seven ministers who were re
moved, also $4,500 each, making a
grand total of $62,500.
.The salaries today are consider
ably more modest than those paid
:he old cabinet which, with pensions
totalled $84,250. The new state of
affairs is therefore, so far as the
■abinet is concerned, nearly $20,000
,'heaper. This may be almost equal
ized, however, by the expected ex
penditure of $15,000 annually for
the new ministry of social affair';.
F. Matheson, pioneer merchant
and mayor of Wrangell, who %vas
hurried to Juneau some time ago
for medical treatment, died at the
tospital there recently His body
»vas taken to Wrangell for burial.
Tenana. Alaska's Interior Fntl Depot
Prospectors and Contractors?
Now is the t*me to have that tar
paulin, tent or bag made for the
seasons outfit. Bed and hat nets
a-e now ready, at small cost at
MRS. DORSAY S TAILOR SHOP,
Third and A Streets.
We are in the Fur Manu
facturing Business, therefore
CAN and WILL pay you more
for your furs than any other
fur buyer fn town
SIMSONS
BLANKFIELD’S EXPRESS
CLEAN DRY WOOD FOR SALE
COAL BY THE SACK OR TON
HAULING OF ALL KINDS
Cffiee at The Arctic
Residence Phone
COLISEU
lllllllliHHi
EXCEPTIONAL STRONG LASKY FEATURE FOR TONIGHT
Jeut J. Lailty Presents
THE PHOTOPLAY FAVORITE. BLANCHE SWEET
-1 N
&/>e
EVIL EYE
A TENSE STORY OF AN AMERICAN GIRL’S ADVENTURE
AMONG MEXICANS
By Hector Turnbill
IN’ FIVE POWERFUL ACTS OF INTENSE THRILLS
A Picture That Will Hold You Spellbound from Start to Finish
MUSIC-VIOLIN, PIANO AND DRUMS
ADMISSION 25c RESERVED SEATS 50c
SHOW STARTS AT 8 P. VI.
~ii