By the Sack or Carload
The New Howard-Jesson
Coal-Try It.
Healy Lump, Nut or Mine
Run
Evan Jones Lump or Mine
Run
Nanimo Range Coal
In Sack or Bulk
WOOD, ICE, HAY AND
GRAIN
Transferring — Teaming
ALASKA
TRANSFER
Telephone—Main 81
ARCADE BUILDING
H. V. Hoben. A. F. Davis
For Electrical Work
CALL TOM OSBO
Residence—Madison 123
MANY THOUSANDS OF
EMPLOYES STANDARD
OIL SHU. PROFITS
BECOME STOCKHOLDERS AND
ENCOURAGES THRIFT IS PUR
POSE OF COMPANY
GRATIFYING TO MANAGEMMENT
Splendid Spirit of Personnel Is Re
vealed; One Year of Employ
ment Is Necessary
SAN FRANCISCO—Stock certificates
of the Standard OilComtpany of Cal
ifornia have been dispatched to 12,000
employees who, through the opera
tion of the Company’s Stock Invest
PROFESSIONAL CARDS
Dr. J. A. Baughman
Phy*ioJan and Surgeon
CHRONIC DISEASES A SPECIALTY
Phone Madison 90. Seward, Alaska
Dr. A. R. Roberts
DENTIST
Dental and General
X-RAY WORK
New Tecklenberg Bldg.
rnone Mad. 108 - - - Seward, Alaska
__
Aaron E. Rucker
ATTORNEY AT LAW
Office in Benson Building
PHONE MADISON 114
SEE
Curtis R. Morford
FOR FIRE INSURANCE
J. B. BEESON, M. D.
PHYSICIAN AND SURGEON
1007 Medical-Dental Bldg.
SEATTLE, WASH.
D0N0H0E & DIMOND
ATTORNEYS AT LAW
Offices:
VALDEZ and CORDOVA
FRED’S KITCHEN
(Formerly the Alaska Cafe)
Chef Fred Schrenger, Prop.
NOW OPEN FOR BUSINESS
“Eat With Us and Avoid Indigestion”
★ ★★★★★★★★★ ★★★★★★★★★★*
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FORDS REDUCED $40
Effective June 19th
Commercial chasis - - - $300
Runabout. $360
Touring.$380
Coupe - - - - ' - - $485
Tudor. $495
Fordor. $585
F. O. B. DETROIT
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All Ford cars are now equipped with bal- ^
loon tires on all four wheels and a self-starter
as part of the standard equipment. *
A better car than ever at a lower cost.
ASK TO SEE A DEMONSTRATING CAR *
Seward Machine Shop I
Chas. Lechner, prop. Seward, Alaska *
yL.
Ford Authorized Sales and Service
*
**********.**********
ment and Savings Plan, have acquir
ed 481,976 shares of Company stock
with a present market value of about
$28,000,000.
The plan was initiated b\ the Com
pany five years ago ’or the purpose
of assisting employees to become
stockholders and encourage thrift.
Under the plan the employee was per
mitted to apply up to 20 per cent of
his salary to the purchase of stock.
The amount he specifified was deduct
ed from his salary each month. For
each dollar so deposited the Company
from its own funds added, as a bonus,
the sum of fifty cents. As sums suf
ficient for the purchase of shares of
stock were accumulated, the Compen;
issued the stock from its treasury' to
the trustees for account of the em
ploye. Current dividends from this
stock were applied to stock purchases.
The plan was suspended December
31st last, owing to certain conditions
arising from the consolidation of the
Standard Oil Company and the Pat fit
Oil Company. During its four years
and seven months of active operation
the participating employes saved about
$15,750,006. To this the Company add
ed more than $«,<r>0.000. Through dt
' vidends and the sale of rights the em
ployes accumulated approximately 5
; 300.000 more, making a total of near
I lv $26,000,000. The market value of
| 1.
I the stock purchased is no* about $2s.
000,000.
To participate the employe had to
j have one year of service with the
! company. Of those eligible to parti
cipation S5.77 per cent took par: c
I the plan. The maximum payroll de
i duction permitted was fJ0 per cent
j of compensation. The average deduc
! tion was 17.54 per cent.
In a statement issued in San Fran- i
j cisco. K. R. Kingsbury, President of
:he Standard 0:1 Company Cali:
ornia, said:
"The result of this great experiment
| in thrift and in stock purchase b; em
ployes is very gratifying to the man
agement of the Company. Approxi
mately 12,000 of our employes are
now stockholders. The long period
of saving has revealed in Srandarc
Oil personnel a fine spirit and deter- i
mination of which we are all very
proud.*'
!
MRS. FRED MILLER !■
KBIT LH IF 8IRTR
Bound for a pood long visit in Eu
rope, Mrs. Fred C. Miller, -wife of the
local barber, is en route to Seattle on
the S.S. Yukon on the first step of
her journey across the North Ameri
can continent and the Atlantic to
Sweden, the land of her birth Fol
lowing an extended visit with two of
her brothers, and a sister. Mr.s Miller
will then go to Stockholm, Norway,
and while there will take the oppor
tunity of visiting relatives of Mrs.
Chas. Krefting.
From Norway, she will proceed .
across to Denmark. Germany, Belgi
um. France, Italy and Spain, planning
to embark from the latter country di
rect back to New York. The this trip
is her first in four years, it is Mrs. Mil
ler’s nineteenth since her residence in
Alaska. She plans returning to Sew
ard the latter part of November.
The cutter Haida will spend the 4th
of July in Cordova, it is learned lo
cally.
Lucia' says: You are all in
luck if you use it. Buy at
Lucky’s; sugar 71-2 cents.
—adv.
Photograph albums anfi art corners
—Schallerer’s Alaska Shop.
Remington Portables, 560—Schaller
er’s Alaska Shop.
ANNOUNCEMENT
THE COMMERCE C AFF VOW INFER
NEW MANAGEMENT
GEORGE c>-'©r-*"r.
For 15 years esiahfrsHed in homes* at FVat> AUvka
Rerular dinners server daily
Short orders of all kimF
CHOF SiEY AND NOODLES A SPECIALTY
Open all boors—Private Seve<
■ Belc'r ;bf Liberty
SPECIAL MERCHANTS I I NCH
11;30 a. m. to luAO p. m.
Fl>HKR>* CAFE
CHARLES FISHER. Prvjv.
PRIVATE BOOTHSDANCE ROOM
FLOWERS UKEIY and GMCERY
TIES—BREAD—PASTRY
C«k«s to Order
NO ORDER TOO LARGE TO FILL
Owing to time heinc oonapied »ith h«kin; no
IVHveries are now ferine made
♦
STOMP SIM
Cap:. 0. A. Johansen*
NEXT SAILING STR. STARR 01T OF SEWARD
FOR BRISTOL RAY JULY ,%
m m rant t none ca.
G. C HeTxkTsoir Acwt
»WO\E WAD1SOX *3® SEK&C& *C*S\4
ALASKA STEAMSHIP CO. I.
VetssfC
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NarfttresT^rt
Tutor
5*
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3*1* If
3*17 2~
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5»5* II 4 » m,
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Pr^iirfci^rs vsestibefedaf * Iw** «$ fruits
SS JffrJhA Jim* 2*:1 >> Btf***. J*!c T:* IS Tmw JCr IS*
SS Odm ?4*l S S Jtft 51 «-■
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SERVING ALASKA
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Seattle
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