If you’re holding Savings Bonds
you bought in 1945,
read this important news
How you can get an
80% return
on your investment
Did you know that your U. S. Savings Bonds will go on
earning money for you—even after they’ve reached their
maturity date?
Did you know that you can get back as much as $1.80 for
each dollar you invested in those Bonds—just by holding
on to them?
Under the present Bond law the maturity period
of Series E Savings Bonds has been extended
a full 10 years. There's nothing to sign—no visit
to the bank required. You just hold on to your
Bonds and let them go right on earning extra
money for you.
With this extended interest period, your Bonds can now
earn up to 80% more than you originally paid. For ex
ample, if you invested $37.50 in a Bond in 1945, it’s worth
$50.00 today. But if you hold it for 10 years more, it will
be worth $67.34—giving you a net return of $29.84.
It’s easy to see why 3 out of 4 Bond owners are keeping
their matured Bonds—and why so many Americans are
investing in more through the Payroll Savings Plan. This
is the plan that does your saving for you. You just sign up
at the pay office where you work and tell the people there
what you want to save each payday. They’ll put that
amou aside for you before you get your check. When
enough accun 'tney’ll buy a Bond in your name and
turn it over to you.
For your future—and the future of America—hold on to
the maturing Bonds you have. And invest in more through
the convenient Payroll Savings Plan.
Want your interest paid as current
income? Invest in 3% Series H.
United States Government Series H Bonds are new current
income Bonds in denominations of $500 to $10,000. Re
deemable at par after 6 months and on one month’s notice.
Mature in 9 years, 8 months and pay an average of 3%
per annum if held to maturity. Interest paid semiannually
by Treasury check. Series H may be purchased through
any bank. Annual limit: $20,000.
tic V- S. Government does not pay for this advertising. The Treasury Depart
ment thanks, for their patriotic donation, the Advertising Council and
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Forty-Five Alaskan
Prospectors Complete
Geochemical Course
COLLEGE, Alaska — Forty
five Alaskan assayers, engineers
and prospectors successfully com
pleted the University of Alaska’s
mining extension course in geo
chemical prospecting last week
end.
At a special “Commencement”
marking the end of the two weeks
course, Dr. Ernest N. Patty, uni
versity president, awarded certi
ficates of training to the gradu
ates.
In making the awards Dr. Patty
stressed the need for more pros
pectors in Alaska. He stated that
the university is developing the
new and revolutionary prospect
ing methods to encourage the
search for mineral wealth. Geo
chemical prospecting aids in lo
cation of ore deposits by analyz
ing soil, rock and vegetation.
Phil Holdsworth, territorial
commissioner of mines, said his
department plans to assist the
prospector in all ways possible
in utilizing the relatively new tool
of geochemical prospecting in
their search for ore deposits. In
addition cooperation will be ex
tended the University of Alaska’s
research program in this field.
Holdsworth said Peter Sandvik,
assayer-engineer at Nome, will do
some geochemical work in the
Second Division this summer.
Colorado A & M Coed
From Kobuk Is Member
Of Governor Honor Guard
FORT COLLINS, Col., May 6—
Colorado A & M coeds comprising
the Sponsors Corps of the Army
ROTC Regiment and the Aggie
Angel Flight sponsoring the 90th
Air Force ROTC Wing at the col
lege acted as honor guard for
Gov. Edwin C. Johnson during
the annual Governor’s Day cere
monies here May 10.
Members include Honorary Ca
det Lt. Cols. Charlotte Busey of
Paonia, Gay Caldwell and Sharon
Russell of Colorado Springs, and
Wendy Robins of Kobuk, Alaska.
The Aggie Angel Flight, which
sponsors the 90th Air Force ROTC
Wing, is new to the campus, hav
ing been organized just last fall.
The Angel Flight also functions as
an auxiliary to the Arnold Air
Society, national honorary society
of Air Force ROTC cadets. Mem
bers of the flight are selected for
the same high achievement as the
Army sponsors. Honorary Cadet
Col. Mary Jo Green of Denver is
commanding officer of the flight.
Arrest Warrant Out for
Jeanette MacDonald for
Neglect of Apartment
HOLLYWOOD, UPi—Singer Jean
ette MacDonald has been ordered
arrested on a charge that a room
ing house she owns in New York
has not been kept in proper re
pair. She issued a statement Wed
nesday night denying responsibil
ity for the condition of the prop
erty, saying a firm in New York
had been handling it.
In New York Wednesday, Mag
istrate Rob’t F. Mahoney signed a
warrant for her arrest after she
failed for the third time to appear
in hourt and answer a complaint.
“I feel sorry that I have to issue
a warrant for her arrest for, after
all, she is a great actress, but
everyone is treated alike in this
court,” Mahoney said.
Miss MacDonald, when inter
viewed by newsmen, said:
“I only know what I under
stand is in the papers. The prop
erty referred to came under my
ownership as part of a trust fund
investment for my mother.”
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Soap Carving
Wins Award for
Nunivak Islander
“Survival of the Fittest” is the
name of a beautiful piece of soap
sculpture, a photograph of which
is displayed in the Nugget win
dow. It won a $150 cash prize for
Richard D. Takilnok of Mekor
yuk, Nunivak Island, Alaska.
Carved from one bar of Ivory
soap with only a paring knife and
an orangewood stick for tools,
this sculpture was judged by a
jury of eminent sculptors and
artists as the third best in its
class from entries totaling about
5,000.
Soap sculpture is believed to be
the oldest nation-wide, non-pro
fessional art competition in the
country, and the only one to en
courage people of all ages to ex
press themselves in three dimen
tional creative art activity.
The interest in soap sculpture
by schools, community groups,
Y’s and amateurs was recognized
over 25 years ago as an important
and educational movement. It led
to the organization of a national
committee for furthering interest
in this form of art, known as the
National Soap Sculpture Commit
tee. Competition is held in three
classes, Junior, under 14 years;
Senior, 14-18 years; and Adult
Amateur, over 18 years, each
year. Prizes totaling $3,775 are
awarded to the winners.
The committee’s address is 160
Fifth Ave., New York 10, N.Y.
Davy Crockett Fad
Making Wolf Pelts Loom
In Seattle Fur Exchange
SEATTLE, —The Davy Crock
ett fad is bi'inging wolf pelts into
a prominent spot in the fur trade.
The Seatle fur exchange has
posted, for its June 2 auction,
4.000 wolf pelts—“Davy Crockett
type.”
Many Alaska pelts are included
in these offerings: 2,000 wild
mink; 12,000 muskrats; 200 lynx;
1.000 Alaskan marten; 400 white
fox; 8,000 beaver; 100 otter; 2,000
Alaskan red fox.
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^ My hope is built on othing less Psalm 146:5
Than. Jesus' blood and righteousness; Hebrews 13:12
I dare not trust the sweetest frame. Matt. 7:24-27
But wholly lean on Jesus' name. Acts 4:12
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Dancing Every Saturday Nile I
to the music of our new pianist ftj
J I M R Y A N H
with “ SH - BOOM ” on the drums -V‘
BERING SEA CLUB I