Everyday Problems
Everyday problems of finance—large or small—
are the portion of everyone. Opportunities for
investment—some good, some bad—are offered
every day; means of financing personal ventures
must be considered and all of them ought to be
submitted to your banker for advice.
We are in business to help our depositors and
clients to solve their problems. It is the reason
our officers are not kept behind closed doors; it
is the reason they have comfortable visitors’
chairs at their elbows. Drop in and see us.
Bank of Seward
Suntrana Coal
THE HOUSEWIFE’S
DELIGHT
Free from Soot and Foreign Matter
Clean and Economical
ASK YOUR LOCAL DEALER FOR SUNTRANA COAL
Office Mine
Anchorage, Alaska Healy Forks, Alaska
HEALY RIVER COAL CORP.
THOUGHT
SPACE
Alaska Packers Pay
Big Dividends in 1924
In its annual report to its stock
holders, the Alaska Packers Associa
tion of San Francisco shows that it
packed 627,042 cases of salmon, with
with thirteen canneries in operation.
The present book value of the plants
is $4,657,816.95. Current repairs and
replacements have been made at an
expense of $761,241.90. Depreciation
to the amount of §64,325.05 has been
written off.
The steamer Nushagak, schooner
Prosper and launch Tern were sold,
and the steamer Ugashik dismantled.
For improvements and repairs to
tlie fleet the company expended $231,
S84.77. The book value of the fleet
is §1,026,700.00.
Inclement weather prevailing in
Alaska during last season seriously
curtailed red salmon fishing opera
tions and caused a decided decrease
in the pack.
Quarterly dividends of $2.00 per
share and one insurance interest in
come dividend of S2.00 per share were
paid during 1924.
The Insurance fund and miscella
neous earnings were $494,098.01.. The
profit from cannery operations for the
year was $138,256.75.
The total authorized capital of the
company is 75,000 shares of stock at
a par value of $100 per share, or $7,
500,000. There has been no change
in the outstanding stock, 57,508 shares
having been issued, leaving 17,492 in
the treasury.
GERMAN MINISTER ARRESTED
(By Associated Press)
BERLIN, Feb. 11.—Dr. Anton Hoef
fle, former minister of posts, was ar
rested here today, after a rigid cross
examination by the public prosecutor.
Brunswick monographs and Re
cords. The Alaska Shop. tf
American Legion Holds
Another Bumper Meet
Seward Post American Legion held
another big meeting at the fire hall
last night, the attendance being far
above the average. Affairs are shap
ing up for the Legion dance Saturday
night, the members reports the sale
of many tickets.
Commander James Bogart was A.
W. O. L. last night, being on the sick
list, but he will be at the next meet
ing in good shape.
Two new members were initiated
last night, Frank Olsen and Luke El
well taking the obligation.
“Pat” Hussey was elected historian,
and was also excused from acting on
the Dance committee in order that
lmore time might be devoted to whip
ping the American Legion orchestra
in shape.
Guy Barnett was there with the age
old query, “Who said I was a ladies’
man?”
Postmaster Charles Sheldon was
also in his usual good form.
Tickets are going like proverbial
hot cakes for the Legion dance. All
members are urged to get behind this
gala event. Let’s put this over big,
Comrades.
Harry Lyons who wrote the fishing
laws on the game fish called “hooli
gans,” imparted a lot of valuable in
formation on those fish.
Hal Roach, assistant agent for the
Alaska Steamship Company, at the
Seward office, will leave on Saturday’s
boat for Cordova where he will relieve
Wm. Brown, who has a three months’
leave of absence. Mr. Roach will re
j turn to Seward later in the spring.
“Ma” Ferguson Outlines
Plan To Raise Revenue
AUSTIN, Tex., Feb. 11.—Economy
in the appropriation of state funds
and the levying of a tax on factory
made cigarettes for the benefit of
education in the state were urged
by Mrs. Miriam Ferguson, first wo
man governor of Texas, in her initial
message to the thirty-ninth legisla
ture today. Adoption of the princi
pals of the democratic state platform
on which she was elected also was
urged by Mrs. Ferguson, who pro
phesied a more liberal policy regard
ing the pardon of prisoners in state
institutions during her administra
tion.
“In my opinion,” she said, “appro
priations should be reduced to at
least $30,000,000 or at the outside
not more than $35,000,000.”
Declaring that she would “look
with disfavor upon the establishing
of any additional school during my
administration,” the new governor
in referring to state education, said
she favored a tax on factory made
cigarettes as a means of raising
sufficient revenue to finance addi
4
For Women Only
See the New Styles and Colors in our
Blazers, Sweaters, Hosiery,
and Pacs
FOR WARMTH AND COMFORT
See our window
Leon Urbach
“If It’s for Men We Have It”
COPY RIGHT. KEYSTONE VIEW CO. NEW YORK
[
INVENTS NEW MODEL COMPASS FOR FLIERS
Morris M. Titterington, of Brooklyn, N. Y„ the well known inventor
of the Pioneer Earth Inductor compass which was used by the world fliers,
is now working on a neww model compass that will run electrically, and is
even more accurate and reliable than his previous invention. This new
compass will maintain a true course in clouds, fogs, at night, etc. Photo
taken in his laboratory.
tional buildings among state educa
tional institutions. Mrs. Ferguson
said that $4,000,000 could be raised
in this way.
“If smokers are not interested in
the great cause of education,” she
said, “all they would have to do to
relieve themselves of the tax would
be to cut out smoking until such
time as their desire for smoking
would overcome their opposition to
education; but I dare say this will
never occur, because the man who
smokes is generally the most liberal
man in the community.”
Continuance of tick eradication
work by the state south and west of
the Colorado river; reducing the size
«
of the force of state rangers, and
the construction of good roads “to
bring the rural districts in closer
connection with the rest of the
world,” also were advocated.
DUTCH ENGINEER TO SHOW
NAVY AIRPLANE TRICK
NEW YORK, Feb. 11.—Carl L.
Norden, a Dutch aeronautical en
gineer, arrived here the other day
to act as consulting engineer to the
navy department in the demonstra
tion of his new system of catapult
ing airplanes from decks of naval
vessels. He will also demonstrate
his new aero stabilizing inventions.
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FRESH VEGETABLES
received on every boat
CELERY, GRAPES, LETTUCE,
JAP ORANGES, FRUITS, NUTS,
CANNED GOODS, FISHERMEN’S
SUPPLIES, BOOTS,
AND RUBBER CLOTHING
SEWARD TRADING COMPANY
TELEPHONE MAIN 135
Prompt Delivery
Ford Touring Car
DEMOUNTABLE RIMS, SELF STARTER, FULLY EQUIPPED
STARTING JANUARY 3, 1925
You will receive one coupon with every dollar purchase,
which entitles you to one chance on a late model, new
FORD TOURING CAR
No employe of our store is allowed to participate
in this drawing in any way, shape or manner
START YOUR BUYING TODAY
SEWARD TRADING CO.
CHAS. TECKLENBERG
Staple and Fancy Groceries Phone Main 135
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