Oilman Getty Tops 76 American
Millionaires as Richest Man in U.S.
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Russian Satellite
Radio Has Stopped
Sending Signals
LONDON, U?)—Moscow radio
announced Saturday the Soviet
earth satellite’s radio has used up
its power and has stopped work
ing. The broadcast said Sputnik’s
signals ended by the time the sat
ellite had circled the earth 326
times.
“In these circumstances,’’ the
broadcast in Russian continued,
“optical observation will become
very important, as they will be
the main means of measuring the
elements of the orbit of the satel
lite and the carrier-rocket and the j
further forecast of their move- j
ment.”
The satellite at the moment re- I
quires 95.31 minutes to encircle j
the globe. The carrier rocket is
doing the same job in 94.68 min
utes.
Marine Recruiting
Sergeant In Town
A very attractive uniform is
causing much interest downtown ;
today. Sgt. E. A. Clark, recruit- j
ing sergeant for the U.S. Marines ]
is visiting the community until j
Friday and plans to talk to the •
upper classes in High School.
He is located at the Polaris
Hotel and states that with the ;
exception of a group at Kodiak
Island there are only two U. S.
Marines stationed in the terri
tory. Their purpose is recruit- j
ing and headquarters are at An- I
chorage. ]
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Pan American Airways
Round trip passengers Friday
were: Sam Merkovick, Howard '
Weaver, Bob Thorpe.
Outgoing passengers were: Al- j
bert Mest and John McLean for
Fairbanks and Esther McCorckle
and Vic Sjblseth for Seattle.
Alaska Airlines
To Anchorage: W. C. Ray, W.
W. Gregory, Chuck and Jenny
Frazier, Loren Bret, H.E. Schoon
over, Wm. Andrews, Ira Fox, D.
T. Boone, Mr. Tidwell, T. C. Har
ris, Mel Witham, Lt. Col. G. Hill,
H. Abrams, Julia Webber, Arnold
Smith, E. D. Blair, Sgt. G. Tor
stad, Dewey Goodrich, Bill Munz.
To Unalakleet: Maj. Olson, Sgt.
Frank Perry, C.H. Simmerman,
Tom Medlen.
From Unalakleet: John Wright,
Rudolph Kranzi.
From Anchorage: Cliff Hohn,
R. Komakhuk, Bill Munz, Thos.
Little, Mathew Dorcey, Thos.
Brown, M. Smith, R. O’Shell, R.
E. Scholtz, Beatrice Esmalka.
3* NEW YORK, GD—Jean Paul
Getty, a Minnesota-born oilman,
is the nation’s richest man, ac
cording to a magazine survey
published today.
Getty tops a list of 76 Ameri
cans with fortunes estimated at |
$75 million to $1 billion.
The survey, by Fortune >maga- ■
zine, placed Getty, 65, in the $700 i
million to $1 billicn category.
The tall, well-built Oxford |
graduate in economics lives in I
Paris and Saudi Arabia. He runs !
the Tidewater Oil Co. and owns
the Hotel Pierre in New York
City among other things.
In London, Getty said he does- i
n’t know the exact total of his
holdings but “would hope to get j
several billions” if he sold out. i
“Remember,” he added noncha- I
lantly, “a billion dollars isn’t j
worth what it used to be.”
Getty was a millionaire in oil j
when he was two. He said luck |
helped him get rich.
‘“In the depression I did what
the experts said one should not
do,” he said. “I was a very big
buyer of oil company stocks.”
Following Getty were seven
persons, including four from the
Mellon family, in the $400 million j
to $700 million category:
John D. Rockefeller Jr.; Mrs.
Mellon Bruce, of New York; Ar
thur Vining Daving, founder of
Aluminum Co. of America; H. L.
Hunt, Texas oilman; Paul Mellon,
son of the late Andrew Mellon;
Richard King Mellon, nephew of
the former secretary of the Treas
ury and president of the Mellon
National Bank; and Mrs. Alan M.
Scaife, Pittsburgh, a niece of the
financier.
The magazine found oil the
greatest single source of Ameri
can wealth. New York is still the
chief habitat of the millionaire,
according to Fortune, but oil-rich
Texas is coming up fast.
STOVE & STACK
CLEANING
Call WHITE 128
Thomas Tungwenuk
Broken Circuit Breaker
j Caused Fire Today
| Due to the gusty wind the city
I fire siren brought out the volun
| teer firemen and many others
j this morning. A tundra fire was
1 burning north of the City power
plant.
A spokesman for the firemen
j said that although it was at first
believed to have been smarted by
children, it was later discovered
that a circuit breaker on a power
: line had broken and caused the
trouble.
The fire was quickly brought
under control.
U.S. Globemaster Lands
Safely in Antarctic After
Second Mishap in 10 Days
AUKLAND, New Zealand, UP—
A U.S. Air Force Globemaster
limped back to the American
antarctic base at McMurdo Sound
yesterday after one engine failed
and the generator of another
caught fire while on a supply
mission to Byrd Station.
It was the same aircraft—with
the same crew—which made a re
turn to Christchurch on two en
gines 10 days before after setting
out for the antarctic.
“I don’t think I’m going to
make a habit of this,” said the
pilot, Capt. V. J. De Cesare. He
said the engines were changed
after the first mishap.
The Globemaster was carrying
a 14,000-pound load on the 1800
mile round trip to the Byrd Ant
arctic Station when the No. 2 en
gine failed 40 minutes from the
destination. De Cesare continued
in overcast weather and made a
perfect drop by radar.
Ninety minutes out from Mc
Murdo the generator caught fire
but was quickly put out by the '
automatic extinguisher.
GLUE POT
:| Soda Fountain
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TOBACCO
CANDY
FRESH ICE CREAM
EVERY DAY
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