( OFFICIAL PUBLICATION )
REPORT OF THE FINANCIAL CONDITION
OF THE
Miners and Merchants Bank of Alaska
Located at Nome, Alaska, Territory of Alaska, at the close of
business on the 30th day of September, 1941.
RESOURCES
Loans and di counts $ 348.799.02
Loans on real estate . . 93.209.10
Overdrafts 85.51
United States Bonds owned . 154.808.25
Other bonds and warrants owned ... 181.517.13
Banking house, furniture and fixtures 47,337.11
Oiher real estate owned . 3.019.64
Checks on other banks and other cash items 9.037.63
Exchanges for Clearing house .
Cash on hand and due from banks 591,341.67
Other resources, judgements, claims, etc.
Expenses in excess of earnings .
Gold bullion on hand . 403.957.43
TOTAL $ 1,843.110.54
LIABILITIES
Capital stock paid in .-.-. $100,000 00
Surplus fund . — 25,000 00
Undivided profits less expenses paid 110.695.51
Dividends declared but unpaid .-.....
Due to other banks—deposits .-.
Due to other banks—overdrafts .-._...
Individual 'and savings doposit . 1,147.031.73
Demand and time cerificates of deposit 460,423.30
Cashier’s and certified checks .
Notes and bills rediscounted ..-.—
Bills payable (including certificates of deposit) for .
money borrowed . —
TOTAL $ 1.843.110.54
UNITED STATES OF AMERICA, )
Territory of Alaska, : ss:
Second Division. )
I, H. G. GABRIELSON, cashier of the above named bank, dc
solemnly swear that the foregoing statement is true to the bes:
of my knowledge and belief..
H. G. GABRIELSON, Cashier
( NOTORIAL SEAL) ( CORRECT ATTEST )
Subscribed and sworn to before me this H. G. GABRIELSON
30 day of June, 1941. G. R. JACKSON
IRA D. ORTON
Directors
JEANNE C. MOZEE, Notary Public
in and for the Territory of Alaska.
My commission expires Sept. 24, 1943.
Current Comments
From Washington
Readers of Shakespeare will
recall that in numerous and
* widely separated instances, he
uses such phrases as “sea-girt”
and “sea-walled,” with respect
to England. The thought that he
had in mind was deeper than the
definition of elementary geo
graphy which teaches that an is
land is a body of land complete
ly surrounded by water. Cross
ing twenty miles of ocean can
hardly be called a voyage. It is
little other than an excursion,
for which not even a lunch box
is needed. At least four such
trips would be required to cover
the distance between Chicago
and Milwaukee, by way of Lake
Michigan. Yet the score of miles
that lies between the shores of
the Straits of Dover is all that
has saved England: certainly
from invasion, perhaps from con
quest, during the months which
have contributed to the year 1941
High Seas
Again and gain, Germany has
found it highly convenient to
enter France by way of Belgium.
One should not forget that not
withstanding the wide employ
ment of the term ‘high seas,’
ocean areas can be annexed as
effectively as land, practically
speaking. Railway rolling stock
is handy, but man-made high
ways are necessary before it can
be used. Nature has made three
quarters of the area of the globe
available to the ship. A Nazi At
lantic would be a bad thing for
the United States or America.
The sea is part of the habitable
world, although sparsely populat
ed. A line of argument in support
of lawlessness on the ocean,
would justify the doings of Jesse
James in the days of the Old
West The frontier did not have
many inhabitants to the square
mile.
Sea Rattlesnakes
Having recourse to a little lev
ity, in order to relieve the ten
sion caused by a serious mistake,
it ould be had to find out much
| about sea rattlesnakes in natural
history books, a good natured
joke which probably would give
the President himself a laugh, at
a time when bereavement and
official cares have combined to j
make White House laughs few
and far between: but there is
something to think about that isi
| more important than mixed up '
biology.
The advance of the United
States toward the shooting stage j
is deplored by all. None is more j
j concerned upon that score than
Mr. Roosevelt. Nevertheless, as
he and his predecessors in office
j have pointed out, the seas must
be cleared of piratical rampage.
More is involved than merely
promoting the American ship
ping business; more, even, than
making it possible for citizens of
the United States to sail the
great depth in safety. The fact
that the country is bounded on
the north by Canada, and on the
south by Mexico, gives rise to no
anxiety. Peace of mind would
depart, if the eastern and west
ern boundaries were the Axis
Ocean.
The President’s speech was a
stern but by no means chip-on
the-shoulder notice to Germany
and Italy that, within the limits
defined by the address, the clock
had struck the quitting hour. “In
the waters which we deem neces
sary for our defense, American
naval vessels and American plan
es will no longer wait until Axis
submarine lurking under water,
or Axis raiders on the surface of
the sea, strike their deadly blow
—first” Those words may mean
that trying times are ahead for'
those claiming the nationality of
the men who spoke them. We1
have been in a jam before, and
are still here. Hitler has not been
put to such a test. The future
may hold a new experience for
\\ heeler Refused
Use
Hall
SEATTLE, Sept- _ The rental
of the Eagles’ Auditorium for a
speech recently by isolationist
Senator Burton K. Wheeler, D n
ocrat f Montana, was cancelled
on orders from national head
quarte s of th EagLs' Lodge.
Audi! rium Manager Dowd
said that the National Managing
Organizer of the Eagles, Conrad
Mann, telephoned from Kansas
City, Mo., to order the rental
cancelled. Wheeler was to speak
at the Eagles’ Auditorium undar
auspices of the America First
Committee.
Wheeler declared in an earlier
speech at Portland, Ore., that he
doesn’t trust Mussolini, Stalin or
Churchill. The Montana senator
says he hopes that Great Britain
wins the war, because he abhors
Nazism and Fascism, but Am
erica could keep out. Declared
Wheeler:
“I was denouncing Nazism and
Fascism when Mr. Churchill was
saying that if he were an Italian
he would be a Fascist and when
Lord Halifax was shooting wild
boar with Goering.”
Wheeler said ho hoped Ger
many and Russia would fight
each other to exhaustion.
\\ heeler Speaks
To Seattle Crowd
SEATTLE, Sept. — A definite
ly sympathetic audience with
only an occasional boo from the
galleries, heard isolationist Sen
ator Burton K. Wheeler, Demo
crat of Montana, defend his iso
lationist views. He inisted he was
trying to help President Roose
velt "keep the promise he made
to the American people” to keep
America out of the war.
Forty policemen were assigned
to Metropolitan Theatre, where
Wheeler spoke, after the Eagles'
Lodge building, where he had
been advertised to speak, was re
fused the America First Commit
tee for the Wheeler meeting.
The Metropolitan Theatre was
filled to capacity with 1700 peo
ple and an overflow audience of
8,000 outside heard Wheeler lash
out early in his address against
opposition to his coming to Seat
tle.
Loudspeakers carried Wheeler’s
address to the crowd outside the
theatre.
BUBONIC PLAGUE
HITS HSINKING
HSINKING, Manchukuo. Sept.
The Hsinking santitary bureau
re“vealed that an epidemic of the
dread bubonic plague has broken
out in the Manchukuoan capital.
The epidemic was said to be
confined to a slum district of
Hsinking. Already five deaths
have occurred and scores of oth
ers were reported critically ill.
Bubonic plague is spread by
fleas from diseased rates. At var
ious times it has caused deaths of
thousands in various parts of Eu
rope and the Orient.
him. The United States is not in
terested in compulsory interna
tional education, but if he is eag
er to learn, the school house door
is open, and the autumn session
will start as soon as the pupils
arrive. Mr Hitler must make the
decision.
It is idle to say of the Nazi
head that, having attempted to
spread his dominion over Europe
With more than a threatening
gesture in the direction of Africa
he will be content, if ultimately
successful, to leave a hot bed of
Democracy untouched on the
Western Continents. The Presi
dent did no more than to give
voice to a sense of self-preserva
tion and self-respect that is na
tion-wide. Never believers in the
Nazi revelation, the people of
the United States have come to
feel that something beside schol
astic disapproval is called for.
The President is backed by a
large non-partisan majority.
Subscribe for The Nome Nugget
You expectedf....
r~ WHEN OLD MAN SOURPUSS
'rCC, [ KICKED IN WITH A
11 i 1 GIANT ORDER!
I
Hiram Walkers De luxe
• • a A m ^ ■ ■
V
90 proof
THRIFTY TO BUY!
Like yours straight? Toll? Mixed? Any- F!('H TO DRINK! "■ Jjjj
way you pour it, you'll enjoy real satis- _ -__. //if// fHJ
faction when you taste Hiram Walker's si/s? * r *'"
Deluxe I Smooth, rich, and flavorful... ^sf/y
it's the kind of bourbon your friends |T|\/p\ II n n \y/7T\
will go for. Ask for it tonight. Join its lU'C' IL-ILU
,, . , SIRAIGHV IOUMON WHIDKT
thousands of loyal boosters! „1>om Wolk„ , SoB, lBt. IIL
Nome Pilots Practicing For Y\ inter
Wolf limiting From Airplanes
Predators Prove Very Hard To Hit
P.!r s in the Norm- section are
practicing for winter wolf hunt
ing. Two thrilling air attacks on
large families of wolves within
29 mill's uf Nome have been
made by veteran Alaska flyers,
Frank Whaley, Sigurd W en and
Bill Lund.
Three wolves are thought to
have been killed, and several
were wounded in about two
hours of flying. But the airmen
have refused to claim any
bounty. They were so engrossed
with the excitement of the chase,
and the wolves were so incon
spicuous against the bushes and
rocks, that they lost track of the
animals after they were shot. A
law passed at the last session of
the Legislature enables licensed
flyers who, in company with gun
ners, have killed wolves from
the air, to claim the regular
bounty of $29 on the basis of
detailed affidavits. This makes it
possible for airplane wolf hunt
ing to be conducted in rough
country where landing to pick up
dead animals would be impos
sible.
Attack Family of 12
Pilots Wien and Lund attacked
a family of 12 wolves. At first
the animals were surprised and
bewildered, but soon scattered to
race across the tundra. Single
anmals were then pursued as'
they fled for cover. Wien and
Lund used a 12-guage shotgun j
loaded with buckshot; this equip
ment was used by Frank Whal
ey’s gunner, also, and is used by j
other pilots for predator work, j
Mrs. Joe Crosson, who was a
recent guest of Mr. and Mrs.1
Whaley at Nome, was flying with
the Whaleys when 14 wolves
were sighted on a rough moun
tain 20 miles east of Nome. The
plane proceeded to Nome for
guns, then Frank and Neva Whal
ey flew back to hunt. Neva, who
is also a flyer, was assigned to j
the gunner’s job. The wolves i
had moved, but by flying in wid
ening circles around the spot
where they were seen, Frank
located them promptly. Then the
sport commenced.
Some of the crafty animals
dove into clumps of leafy wil
lows to hide. But this availed
them nothing, for Frank put the
gunner into position by side-slip
ping the plane toward the wil
lows; and the wolves were blast
ed out. This occurred several
times. Finally, one big gray wolf
failed to emerge, then another.
Crafty Animals Hide
The Whaley were amazed to
find that the fleet creatures ran
swiftly up slopes so steep that
the plane could not keep at shoot
ing range except by making
wide circles. Downward pursuit
had to be so steep that excessive
flying speed made accurate shnot
lag imp ss:bio Effort was marie
to chase the animals into the
hro rl valleys, hut they remained
among the crag=. Mrs. Whaley
fired 18 shots altogether.
Tire In About 20 Minutes
Winter hunting conditions are
much more favorable than at
present, Now the terrain is
splotched with dark color'd
rocks and foliage. In winter, af
ter the bushes have dropped
their leaves, and the country is
a glistening sneet of wnire mnm,
the pilots are really going to
work on wolves. Tracks and mov
ing animals can be seen for
miles. Wolves get bogged down
in soft snow, and Pilot Bill Munz
has reported that they tire af
ter being chased for abou;i 20
minutes. They have little chance
against a clever aerial assault
with suitabe equipment.
The Government has, so far.
not undertaken airplane wolf
hunting in Alaska and private
flyers must pioneer this work.
Every dead wolf means a saving
of great resources of wild life
and reindeer, as wolves are per
sistent killers for sport. Last Feb
ruary Pilot Babe Ellsworth, with
his wife as gunner, killed 16
wolves and coyotes in short
early morning flights near Nak
nek Conditions were such that
Mr. Ellsworth picked up all pelts
which find ready sale for parka
ruffs.
Ranges About Size ot California
Tlie reindeer ranges of the
west coast are about the size of
I California, and ground hunting
! apears very uneconomical in this
huge, roadless, uninhabited tract.
But the swift airplane, travelling
the great air highways, can at
tack wolves wherever they have
been reported.
Both Whaley and Ellsworth
use Piper Cruisers for their wolf
work. Sig Wien intends to pro
cure a light plane for wolf hunt
ing this winter. Archie Fergu
son, of Kotzebue, has shot 16
wolves from a Curtis “Robin,”
and is a keen enthusiast of the
sport. When it is realized that the
increase of female wolves is 500
to 600 percent each year, the
valuable work done by airplane
hunters is apparent.
Pioneer Water Co.
SPRING WATER
Always At Your Service
Phone Black 44
Proof of Labor Blanks can nov
be had at the Nome Nugget offict
TEN ON F AM'INT.
FINED 850,010
CHICAGO, Sept. Ten deft-:
ants in the Esquire 51 gnzii
e.t j wen- lined a total of 850,000
i federal c urt cn charges of
manipulating the c .mpany’s
stock.
The brothers David Smart and
Alfred Snia-t and their broki r.
Arthur G. <-tv-. rco< | the
h» :v;;-st penali ,--:. They were
fined $10,000 each and put on two
year’s probation. David Smart is
ns 'ident of Esquire. Alfred
Smart is secretary.
The government charged that
the r arket value of Esquire
Coronet stock was artificially
rais -d more than $5 a share from
May to September, 1938. in vio
lation of the Securities and Ex
change Act.
r rosecuting attorneys claim -d
that the deal brought $1,000,000
in profit to the defendants.
' 1171 / &rr\ ■
rmsT in
QUALITY
‘eejfmcrican
jfto(f/edifijBoHd^V/luj/cCfiL
At your favorite tavern
and package store.
'“'Ttled in i«>>p
j. y
SCHfiSi
& 'W Acurtcn th'
JfcV .<
SOTTllD ro* ^e***''
Straight Bourbon Whitkey, 100 proo.
Schenley Distiller! Corp., N. Y. C.
CHAS. CAVEA
Carrying an Assortment
of Fine Liquors, Win
es, and Beers.
FRONT STREET, NOME