Valdez Mercantile Co., he.
TRUE VALUES
On the basis ot Security and Service
we solicit your account.
WE DO A BANKING BUSINESS EXCLUSIVELY.
VALDEZ BANK & TRUST CO.
Job Printing
At I The Prospector Office
OUR FIRST TRUST COMPANY.
It, Lika Our First Bank, Wn Eatab
liahad In Pannsylvsnia.
It was in Italy that the art of
banking as known in our times
was first introduced. The earliest
bank established in modern Europe
was that of Venice, which was
founded in 1157. It originated in
a loan which the state raised during
the great war of the republic with
the Greek empire, 115G-1171.
The bank of Genoa was founded
about 150 years after the bank of
Venice. Macaulay in his “History
of England” has a partial descrip
tion of the operations of this bank,
which existed from 1320 to 1798.
Previous to the year 1G94 there
were only four considerable banks
in Europe, but cn the 27th of July
of that year a charter was granted
by William and Mary for establish
ing the Bank of England, which
for opulence and extent of circula
tion has for many years been the
greatest in the world.
The first bank established in the
United States is kno\Vn in financial
history as the Pennsylvania bank.
It began operating on July 17,
1780, and since that time Pennsyl
vania has figured conspicuously in
the banking affairs of the country.
Besides being the home of the first
bank in the United States, Penn
sylvania has the distinction of hav
ing the first bank incorporated un
der the national banking act. Char
ter No. 1 was given to the First
National bank of Philadelphia. That
state is also the home of the first
trust company. In 1809 the Penn
sylvania company, a corporation to
write insurance on lives and grant
annuities, was organized in Phila
delphia. In 183G this institution
was authorized to execute trusts.
Not until 1853, however, was it
empowered to act as executor and
administrator.—W. C. Jenkins in
National Magazine.
Black and White Pepper.
“It lias always amused me,” re
marked a botanical expert, “to hear
people talking of their preference
for black pepper over white and
the various explanations they give
for the same. Little do they know
that both black and white pepper
grows upon the same shrub. Over
the pepper seed grows a black cov
ering. The seed itself is white, or
nearly so. To make black pepper
the seed and its external covering
are gr.ound up, while the-white pep
per is the seed alone ground up.
j White pepper is milder than black,
the greater part of the pungency
being in the covering. A pepper
made of the covering alone would
be such, to use a slang term, hot
stuff that it would burn the mouth.
The black covering of the pepper
seed contains the oil.”
From Personal Experience.
Uncle Eli felt he knew the me
tropolis pretty well. Had he not
been there three times in .four
years? So when he brought Aunt
Susan with him (on the fourth trip)
he naturally assumed the role of
guide.
She marveled at everything until
they sat down for luncheon. They
had gone into the Hotel Astor for
that meal, but all its other marvels
seemed lost on the visiting country
hostess as she looked open eyed 'at
the crowds that filled not only the
corridors, but the restaurants.
Scarcely had they found seats when
this amazement took definite shape.
“Eli,” said she in a stage whis
per, “1 can’t set here an’ eat peace
ably. I jes’ must go downstairs an’
help pore Mrs. Astor with the cook
in’ and dishes.”
A Housewife In the Making.
Miss Emery had given little Tim
a simple problem in addition that
he failed to work out. “Numbers
are dry,” she reasoned with herself
and deternfined to make the lesson
moreyntcrestiug.
“Suppose,” she began engagingly,
“your mamma sent you to the store
to buy three pounds of lamb, two
pounds of potatoes, half a pound
each of carrots and turnips and one
pound of tomatoes. What would
you have then?”
Tim shook his head, but Mary-'
bell, only a year older, raised an
eager hand.
“Well, Marybell ?” said the teach
er, with a sorrowful glance at little
Tim.
“Stew!” said Marybell sweetly.—
Youth’s Companion.
Racing at Ascot.
Racing at Ascot dates back a
great number of years, and it is
recorded that Queen Anne was the
first royal personage to patronize
the fixture, in 1711. The first and
second Georges were not great pa
trons of the turf, but they bred race
horses on a large scale in order to
encourage their subjects, and
George til. gave a plate of 100
guineas to be competed for. Ever
since those times the great annual
festival on the famous Berkshire
heath has met with royal favor.
numbering houses. ‘
'-r- •
A French Architect’* 1dtfa That Took a
Long Tim* to Mature.
It was in the year 1512 that a
French architect made the sugges
tion that houses in a certain section
of Paris be numbered. The idea,
however, was a long time taking
root, and it was not until 1789 that
the system became general, writes
a London correspondent.
In Berlin about a decade later an
eccentric method of numbering the
houses was adopted. They number
ed them without reference to the
streets. Thus a tenant’s address
would be described merely as, say,
“1000 Berlin.”
The numbering of houses in Lon- i
don, as above shown, is of compara- :
tivcly recent date. In the later
Stuart times, says Macaulay, the
houses were not numbered, and
“there would indeed have been little
advantage in numbering them, for I
of the coachmen, charmen, porters j
and errand boys of London a very j
small proportion could read. It j
was necessary to use marks which j
the most ignorant could understand, i
The shops were therefore distin- j
guished by painted or sculptured
signs, which gave a very gay and
grotesque aspect to the streets.”
Similar methods were adopted
for identification of private houses.
In Lincoln’s Inn Fields, for exam
ple, it seems to have been usual for
the houses to be distinguished by
ornamentation on the gate posts.
The first instance known of a
London street in which the houses
were numbered is Prescot street,
Goodman’s Fields, but the practice
did not spread far before the year
17C4, when it received a great im
petus, and it soon after became welt
established in London.—Baltimore
American.
An Adaptable Prodigal.
A man who lived in Raleigh, N.
C., fell heir to about $15,000 and
immediately spent it in high living.
A second and a third good sized
sum of money came to him, and
each time he played prodigal son
until he was without funds.
One day Josephus Daniels met
this man on the street in Raleigh.
The prodigal was in rags, looked
hungry and was evidently in very
hard ease.
“It seems to me that you must
have a tough time,” said Daniels.
“TTow do you stand it after the
good living, luxuries and fine clothes
you have been accustomed to?”
“Mr. Daniels,” the man replied,
“I’ll tell you how I do it: I have
made arrangements to get along
without what I can’t get.”—Satur
day Kvening Post.
His Narrow Escape.
A jolly old steamboat captain
with more girth than height was
asked if he had ever had any very
narrow escapes.
‘‘Yes,” he replied, his eyes twin
j kling; “once 1 fell off my boat at
i the mouth of Rear creek, and, al
though I'm an expert swimmer, I
I guess I’d be there now it it hadn’t
been for my crew. You see, the
water was just deep enough so’s to
be over my head when 1 tried to
wade out and just shallow enough”
—he gave his body an explanatory
pat—“so that whenever 1 tried to
swim out I dragged bottom.”—
Everybody’s.
The Reason.
All sorts and conditions of men
have excellent reasons for their po
sition in life. Illustrated Bits tells
of a tramp who had no illusions
about the cause of his own condi
tion.
Mrs. Finchcalth (at hotel en-*
trance)—No; I have no money to
spare for you. I do not see why an
ablebodied man like you should go
about begging.
Easy Tramp—I s’pose, mum, it’s
fer nbout the same reason that a
healthy woman like you boards at a
hotel instead of keeping house.
Why He Felt Happy.
“Vernon told me this morning,”
related the lady with the cold blue
eye, “that he passed the tree where
j two years ago he carved your initials
j and his own and encircled them
j with a heart. He says he felt so
j glad he almost danced for joy!”
“Ah,” said the tall brunette anx
iously, “then he must still love me,
after all! Did he tell you why he
felt so happy?”
“Yes. dear. He said some men
were cutting the tree down!”
Cities Are Transients.
Whatcitiesasgrcat as London have
once triumphed in existence, had
their victories as great, joy as just
nnd as unbounded, and with short
sighted presumption promised them
selves immortality? Posterity can
hardly trace the situation of some.
The sorrowful traveler wanders
over the awful ruin of others, and,
as he beholds, he learns wisdom and
feels the transience of every sub
lunary possession. — Oliver Gold
smith.
A. M. Dierinfcer
Valdez Transfer
Company
General Trucking and Freight
ing to all interior points
LIVERY and FEED STABLE
STORAGE
Teaming of all kinds]
Positively no coal delivered
unless paid for in advance
PROFESSIONAL
Dr. H. COCKERILLE
Graduatelof National University
Washington,ID. C.
DENTIST
Phone 92 !ZFeurteenryears£in
Office in Whaling building VALDEZi
Next to cable office
DR. GERMAN
Phone ,9 THE DENTIST
Office l ooms over Owl Diuk store. Office hours
9u. m.. 10611. in.. 7 i>, m.. to 9 p. m. Sundays
by appointment All work miarantoed
C. E. BUNNELL
ATTORNEY-AT-LAW
Ofliees Wall Street
Phone 31 VALDEZ
E. E. RITCHIE
fiA VVYER
I'HONK i.te Valdez,. Alaska
MINING ENGINEER
f. butterworth;
Civil Engineer and' \
U. S. Deputy Land and
Mineral Surveyor
I
Blue Printing R(,s. ,.hone l89
L. W. STORM, E. M.
Valdez. Alaska |
; Reports on Mines
J Patent Surveys
; General Mining Engineering
Phone No. ios
Geo. f. white
The Assayer
i Assaying and Ore Testing
CORRECT RESULTS
No More, No Less
VALDEZ, ALASKA
Valdes IvOdge
No 168.
Free and Accepted Masons
Regular Communications first Wednesday in
each month in McKinley Hull Visitors always
welcome.
James H Patterson..W. M
O. C. Reynolds. Sec
FOE
VALDEZ AERIE Vo. 1971
Meet every Friday, 8 u. m " Katie Hal
VALDEZ LODGE NO. 6,1.0. 0. F
Meets every Monday at 8 p. tn. in
ODD FELLOWS HALL
Visiting Hrothcrs espeelally invited
Wm. Thomas, n. n. 1*. S. Hunt. i\ u.. Sec
CAMP VALDEZ No. 10
Meet e**ery Tuesday evening at S o’clock In
K&ide Hall. All members are miuested to
attend. S. McNIECK. Arctic Chief
PIONEERS OF ALASKA
IGLOO NO. 7.
Meets every first and third Mon
day of each month. All visit
ing Brothers welcome.
E. Q. AMES, Secretary.