THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
Telephone Main 125 $1.50 PER MONTH
P.O. Box 610 $16.00 A YEAR ,
E. P. BOUCHER . Managing Editor
CLINTON GRAY . Production Manager
Entered aa second class matter October 14, 1943, at the
post office at Nome. Alaska, under Act of March 3, 1879.
Subscribers not receiving their paper by 5:30 p.m. call
Main 125 for special delivery. After 5:30 call Black 102.
Yen for Alaska
MARKING THE NEW YEAR, as well as a new era
of trade between Japan and Alaska, the Mitsu
bishi Line freighter Columbia Maru arrived in Sitka
on January 1, to load the first pulp from the Alaska
Lumber and Pulp Co. mill.
Thus starts the operation of a $55,000,000 business
employing 600 Alaskans. Japan has the money and
Alaska has the raw material. This is the beginning of
a trade which might develop ail over the State, for
Northwestern Alaska has coal, iron, copper and other
raw materials so badly needed in Japan, and they
have the ready labor.
It should not be considered just wishful thinking,
when what could happen here is, in the case of the
Russians, they could become our friendly neighbors
instead of atom-brandishing foes. What strides of
development would take place if, instead of our
trying to outreach each other to the moon, we could
cooperatte with our closest neighbors in the develop
ment of both Siberia and Alaska.
VSgfffS HE0MMCI Of DIMES
IN THE PROBATE COURT
FOR THE STATE OF ALASKA
SECOND PIBISION,
CAPE NOME PRECINCT
In the Matter of the Estate of
MILTON ADAMS, Deceased.
No. 1108
NOTICE TO CREDITORS
NOTICE IS HEREBY GIVEN that the
undersigned, Luther Dunbar, was on the
25th day of November, 1959, by an or
der of the above entitled Court appointed
administrator of the estate of Milton
Adams, deceased; and that he there
upon qualified as such administrator in
the manner required by law, and all
creditors of, and persons having claims
against fcaid decedent are hereby re
quired to present their claims, with the
necessary vouchers, within six months
from the date hereof, to the undersigned
administrator at Nome, Alaska, which
office the undersigned hereby designates
as his place of business in all matters
connected with the said estate.
DATED AT Nome, Alaska, this 25th
day of November, 1959.
LUTHER DUNBAR,
Administrator of the Estate of
Milton Adams, Deceased.
Publish Jan. 8, 15, 22, 29, 1960.
MONDAY
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—___—.
Castro Orders
Spanish Envoy
On tof Cuba
HAVANA, UP) — Fidel Castro
yesterday gave the Spanish Am
bassador 24 hours to get out of
Cuba after a face-to-face mid
night row before a nationwide
television audience that threat
ened to develop into a riot.
Fuming with rage, the bearded
Prime Minister announced he was
immediately recalling his own
ambassador to Madrid. He said it
was uncertain whether a com
plete diplomatic break with Gen
eralissimo Francisco Franco’s gov
ernment would follow.
Police and soldiers grabbed the
Spanish Ambassador, Juan Pablo
de Lojendio, Marquis of Vellisca,
and hustled him out of the TV
studio after he had rushed in
through a side door and accused
the Prime Minister of slandering
him in the broadcast. Castro had
said the embassy was “in contact
with war criminals and has ties
with them.” He accused the U. S.
Embassy of similar activity
against his regime.
The Prime Minister refused the
ambassador’s demands to be
heard and shouted angrily: “You
are not in Spain now. You are in
Cuba.”
After the ambassador was
whisked away to safety from the
menacing crowd, Castro brought
cheers from the studio audience
with the assertion:
“I will give the Spanish Am
bassador 24 hours to get out of
Cuba.”
Numbered Duplicate Stub Ticket*
For Sale at The Nugget
NOTICE OF HEARING
Notice is hereby given that the
Common Council of the City of
Nome. Alaska, has, at its regular
meeting of December 28. 1959,
fixed the time and place for a
hearing upon proposed light and
power rate changes of the Nome
Light and Power Utilities.
Such time and place are as
follows:
Monday, January 25, I960,
Council Chambers, Nome City
Hall, 9 p.m., or as soon thereafter
as the matter may be properly
heard.
All persons wishing to be heard
may appear at the time and place
aforesaid.
ROBERT F. SCOTT,
City Clerk.
Publish Jan. 4, 11, 18, 20, 22, 25.
READ THIS FREE
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the truly, revolutionary, simply
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SPARK PLUGS, at the low intro
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tising, filll and complete price of
ONLY $5.52, plus few,cents post
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SEND "NO" MONEY NOW!
Send only the make, the year of your
car or truck. Prompt shipment of your
Registered. Unconditionally Guaranteed
NICKEL SILVER $16.00 per set of eight
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NO RISK, 10.000 MILES. FREE TRIAL.
Deposit ONLY $5.52, plus few cents
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YOU RISK NOTHING. This is an Uncon
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your address, the Make, the Year, of
your car or truck to:
NORCO CORPORATION
P. O. Box 368
NORCO, CALIFORNIA
• PAID ADVERTISEMENT)
REPORT OF CONDITION OF
Miners and Merchants Bank of Alaska
of Nome in the State of Alaska at the close of business on
December 31, 1959
i == i
ASSETS
Cash balance with other banks .$ 481,432.46
United States Government obligations . 654,110.70 v
Obligations of States and political subdivisions . 34,408.86
Other bonds, notes, and debentures . 19,400.00
Loans and discounts (including $586.99 overdrafts). 917,103.00
Pank premises owned $19,341.33, furniture and
fixtures $5,656.83 . 24,003.16
Real estate owned other than bank premises . 8,823.26
Other assets . 6,380.96
TOTAL ASSETS .>.$2,116,885.40
LIABILITIES
Demand deposits of individuals, partnerships,
and corporations . 790,284.58
Time deposits of individuals, partnerships, and
corporations .i. 350,980.82
Deposits of United States Government. 109,605.83
Deposits of Spates and political subdivisions . 598,112.84
Other deposits (certified and officers’ checks, etc). 4,617.80
TOTAL DEPOSITS .$1,853,601.87
TOTAL LIABILITIES .$1,853,601.87
CAPITAL ACCOUNTS
Capital* . 100,000.00
Surplus . 50,000.00
Undivided profits .;.. 143,263.53
TOTAL CAPITAL ACCOUNTS . 293,263.53
TOTAL LIABILITIES AND CAPITAL ACCOUNTS-.$2,146,865.40
*This bank’s capital consists of 1,000 Shares of
Common Stock with total par value of $100,000.00.
MEMORANDA
Loans as shown above are after deduction of
reserves of .$ 17,647.58 ^
1 ..
I, William T. Haley, Cashier of the above named bank, do
solemnly swear that the above statement is true to the best of
my knowledge and belief.
CORRECT ATTEST: WILLIAM T. HALEY, Cashier,
N. NUSSBAUMER
NELS SWANBERG, JR.
LESLIE NERLAND
Directors
_AT __.T, State of Alaska
(NOTARIAL SEAL) Second judiciary District
'Sworn to and subscribed before me this 21st day of January, 1960,
and I hereby certify that I am not an officer or director of this bank.
BEVERLY A. MORGAN,
My commission expires November 10, 1960. Notary Public