Valdez Daily Prospector
PUBLI9HBD BY TUB
Prospector Publishing Co.
TERMS.
Daily Prospector.
By carrier, per month.$1.00
By mail, per annum.10.00
The Weekly Miner.
By carrier, per month.40
By mall, per annum. 3.00
The Daily Prospector and Week
ly Miner by carrier to one ad
dress, per month. 1.36
The Daily Prospector and Week
ly Miner by mail to one ad
dress only, per year.12.69
Business Office and Editorial Rooms,
’Phone 162.
Advertising Rates on Application.
MONDAY, FEBRUARY 8, 1915.
WORLD MARKETS FOR THE UN
ITED STATES.
The country is rejoicing over some
hundreds of millions of war contracts,
making profits for us, it is true, but
at the cost of the exhaustion of the
buyers. It is the repeat orders which
make true profits, and they come on
ly in peace. The profits of peace are
billions, against the millions of war.
Germany, for example, has been ac
customed to export just short of two
billion dollars’ worth of goods annu
ally, and mostly to its neighbors, who j
will not trade with Germany here-'
after, any more than Germany will
prefer to trade with them, if there
is any alternative. That is the big
gest prize of trade in sight. Our for
eign trade education is now advanced
sufficiently for us to appreciate that
nations tend to buy where they sell
and where they borrow.
If we absorb a larger portion of
Germany’s exports than our present
comparative pittance of $152,000,000,
a mere seven per cent., we shall bal
ance the bill with exports which Ger
many would rather take from us than
from the Allies, which she cannot get
anywhere else to better advantage.
It is this trade we want rather than
such profits as France has made by
being one of Ihe world’s bankers.
A million dollars loaned will return
Interest, it is true, but it cannot be
loaned again before maturity. The
nimble dollar makes the money, not
the stagnant dollar, and the Federal
Reserve system was organized with
particular reference to the nimble dol
lar in trade. Germany knows well
how to finance itself, and can make
its own financial commissions, but
when it is buying for consumption it
must come here, and soon will get
the habit of buying American goods.
Germany bought from us twice as
much as she sold to us. To double
both exports and imports to and from
the United States is to make a mere
beginning at the profits to which we
are invited by events equally beyond
our procurement or resistance. When
Germany is trading again she will
trade with us increasingly.
It is true that there is unfamiliar
ity with these facts. We have pen
alized foreign trade in our earlier his
tory. We have arranged our bank
ing with particular reference to do
mestic trade. But those are errors
of the past. We have now turned
our backs upon the theory that the
law should discourage profits sought
abroad. We have provided ourselves
with the same banking facilities for
foreign trade that the rest of the
world enjoys, and which we withhold
even yet from domestic trade. We
are not eo much seeking foreign
trade abroad as having It thrust up
on us. There are still legal difficul
ties to be removed, but the obstacles
are less than they were, and the fu
ture is enticing. It Is to be remem
bered that the nation is entering in
to its maturity and now needs glass
es of a double focus. Our vision has
been excellent, but rather myopic.
We now need farsight glasses, with
out disuse of the normal near vision.
Some will persist in believing that
they will see perfectly. Others are
providing themselves with the double
vision glasses, and they will see their
profits a little sooner and a little
further off than the others. We have
the goods. We can give the credit.
The lack is the world outlook against
which we have educated ourselves,
and so need the men with the com
mercial education to meet the want.
There are but few large foreign sell
ers, and most of them are defend
ants against government prosecution.
Yet only last week was published the
appeal of those dealing abroad that
they should be allowed to make rea
sonable combinations for the encour
agement of trade in competition with
those whose governments promote
such combinations, and even belong
to them, officially. Our traders may
he a little backward, but they are
ahead of our politicians and our law
makers and administrators of law.—
New York Times.
WHAT A PARTNER HE WAS.
A man died the other day and
about the sincerest mourner was his
■partner, who said:
“He was a great fellow. He was my
partner. He stood by me in all my
business deals. He shared the risks.
He was a great man to talk things
over, and help with a word or two
of timely advice.
"He was partner and I was busi
-ness manager, and so he never dic
tated to me, but it was a great help
just to have him around and get his
opinion on things.
“Sometimes we made money, and
then he was glad as well as I, and
sometimes we lost in a deal, and then
what a partner he was! He never
put on a sour face or suggested that
I ought to have done differently. He
took his share of the loss and his
share of the blame as well, even
though the fault was all mine. We
made money together. A man could
not help it with such a partner as
he."
There! How would you like to
have that said about you when you
are dead? It sounds better than any
sermon, does it not?—Breeder’s Ga
zette.
Weather Report.
Valdez, Feb. 8, 1915.
Barometric pressure .29,897
Temperature at 5 p. m. 3
Maximum temperature . 23
Minimum temperature . 1
Mean temperature . 121-2
Clear air, wind northeast four miles.
Prescriptions carerully compound
ed at Valdez Drug Co tf
Bargains! Bargains!
* During the coming week Harvey’s
Toggery will offer exceptional bar
gains in ladies’ weanng apparel,
fancy goods, silks, and ribbons io
close out the balance of our stock.
Showcases, tables, adjustable form
and rugs included. if
LOST—Key ring with two small
keys and wedding ring on it. Finder
please leave at Prospector office. klO
THE READING TABLE I
There Is no light that makes night
reading so easy as does Electricity. An
Electric portable is a source of pleasure
in every home—as well as a means of
health. The entire body suffers if the
eyes become affected. Reading in im
proper light Is one of the worst things
for the eyes. Get an Electric Portable
and read in comfort and peace.
Alaska Water, Light Telephone & Company
CHISANA SUSPECT
IS BOUND OVER
Deputy Marshal Is Bringing Accused
To Valdez From Chisana On
the Next Boat.
The United States marshal’s office
has been notified that James King
ston, who was arrested in connec
tion with the murder of Louis Schon
born, a storekeeper, in Chisana, had
been bound over to the grand jury
and would be brought to Valdez on
the next steamer. A deputy with the
prisoner in charge has arrived at
Chitina from Chisana.
The accused was arrested by Dep
uty Marshal Frank Hoffman at a
camp about thirty-five miles from the
scene of the crime, and was held on
a minor charge for a few days while
his movements could be investigated.
Louis Schonborn, the murdered
man, kept a small store at Bonanza,
a camp about fourteen miles from
Chisana. He was believed to have
been dead for twenty-four hours be
fore the body was discovered by In
dians, who immediately notified the
authorities. An examination of the
body showed that deceased had come
to his death from a 30-30 rifle bullet
which had entered the left breast and
passed through the heart. Schon
born was from Dawson, where he was
proprietor of a hotel during the early
days of the camp.
Notice To Dog Owners.
Notice is hereby given to owners
of dogs that all cross or vicious dogs
must be kept tied up as the animals
will be shot without further notice,
tf W. T. SCOTT, City Marshal.
The Orpheum Tonight.
The following fine program of in
teresting pictures at the Orpheum to
night at 8 sharp:
“The Glenwood Mission,” beauti
ful scenic.
“The Dream,” a fine Rex drama
with Bob Leonard.
“An Arrow-head Romance,” a Rex
sensational romantic drama.
“The Box Couch,” IMP. melodra
matic comedy with King Baggot and
Ethel Grandon.
SUMMONS BY PUBLICATION.
In the District Court of the Terri
tory of Alaska, Third Division.
Otto R. Hansen, Plaintiff, vs. Alas
ka Northern Railway Company, Alas
ka Central Railway Company, W. E.
Stavert, F. G. Jeramett, W. J. Boland,
Sovereign Bank of Canada, The
Trusts and Guarantee Company, Lim
ited: International Assets Limited,
and O. G. Laberee, Defendants.—Sum
mons By Publication. No. TOO.
The President of the United States
of America, Greeting:
To the above named defendants, VV.
E. Stavert, F. G. Jemmett, W. J.
Boland, Alaska Central Railway Com
pany, Sovereign Bank of Canada, The
Trusts and Guarantee Company, Lim
ited: International Assets, Limited,
and O. G. Laberee:
You and each of you are hereoy
summoned to appear in the Distric*
Court of the Territory of Alaska
Third Division, within thirty days af
ter the 23rd day of February, 191.'.
excluding said day, said day com
pleting the period of publication of
this summons, and answer the coa>
plaint of the plaintiff, a copy of
which is herewith served upon you.
and unless you so appear and an
swer, the plaintiff will apply to the
court for the relief demanded in the
complaint.
This action is brought by a holde”
of bonds of the second mortgage is
sue of the defendant Alaska Central
Railway Company, for the purpose of
setting aside, on the ground of fraud
on the part of the defendants, the
sale on or about the 9th day of Octo
ber, 1909, of the properties of the
Alaska Central Railway Company un
der foreclosure proceedings in a
cause in the above named court en
titled Trusts and Guarantee Com
pany, Limited, Plaintiff, vs. Alaska
Central Railway Company, Tanana
Railway Construction Company, and
The Central Trust Company of llli
nols, Defendants, in which cause
there was a cross complaint entitled
Central Trust Company of Illinois,
Plaintiff, vs. Alaska Central Railway
Company, Trusts and Guarantee
Company, Limited, and The Tanana
Railway Construction Company, De
fendants. Plaintiff further asks that
the court decree to plaintiff and such
other holders of bonds of the sec
ond mortgage issue upon the prop
erties of the Alaska Central Railway
Company as may join herein a first
lien superior to that of each and all
the defendants; that the defendants
be required within a time to be fixed
by the court to discharge the lien
of this plaintiff, as established by
this court, together with the lien
of other plaintiffs who may come in
and establish their claims, and in
default of such discharge that the
property covered by tne mortgage se
curing the second bond issue of the
Alaska Central Railway Company be
sold by decree of court, and that at
such sale plaintiff may be permitted
to become a purchaser, and tender
his lien together with that of any
other plaintiffs that may establish
their lien, in payment for the same,
and that the properties be sold, real,
Boys’ Clothing
aggsa*..
f
DESIGNED BY
MAYER BRO&
CHICAGO
Does Your Boy Need
a New Suitj?
If he does come in and select one
for him from our large stock.
We have Boys* Suits in all sises
and our prices are right.
We Carry the
Famous Tess and Ted Children’s School Shoes
Children’s Rubbers and Arctics.
Boys’ Packs and Boots
Jersey Sweaters and Sweater Coats.
personal and mixed, as a unit, with
out redemption; that a temporary re
ceiver of all the properties of the
defendant Alaska Central Railway
Company and Alaska Northern Rail
way Company be appointed at once,
and that such appointment be made
permanent after notice; that the
plaintiff have such other and further
relief as may be equitable, together
with his costs and disbursements in
this action.
This relief is asked on the ground
that the foreclosure sale herein
before mentioned was the result of a
fraudulent conspiracy on the part of
the defendants herein for the pur
pose of obtaining the assets of the
railway company for the benefit of
defendants, to the exclusion of plain
tiff and all other second mortgage
bond holders except the defendant
Sovereign Bank of Canada; that as
a result of this conspiracy the de
fendants have subjected the assets of
the defendant Alaska Central Rail
way Company and the securities of
the defendant Alaska Northern Rail
way Company, to illegal preferred
liens and charges in favor of them
selves, which, if enforced, will de
stroy the security for plaintiff’s
bonds.
The amount for which plaintiff
claims a lion upon the properties
formerly owned by the Alaska Cen
tral Railway Company is the sum of
$155,000.Oft, that being the face value
of bonds of that company held by
plaintiff, and the sum of $25,753.45,
exclusive of interest, advanced by
plaintiff to the defendants Staverl
Jemmett and Boland for the purpose
of protecting plaintiff's rights as a
second mortgage bondholder.
This service of summons by pub
lication is made pursuant to an order
of the above named court entered on
the 18th day of December, 1914, di
recting service of summons by pub
lication upon the defendants W. 63.
Stavert, F. G. Jemmett, O. G. Lab
eree, W. J. Boland, Alaska Central
Railway Company, Sovereign Bank of
Canada, The Trusts and Guarantee
Company, Limited, and International
Assets Limited, which publication
was directed by the court to be made
once a week for a period of six
weeks. The first publication hereof
will be made upon the 11th day of
January, 1915.
Witness the Honorable Fred M.
Brown Judge of said Court this 9th
day of January, 1915.
(Seal.) ARTHUR LANG,
Clerk of the District Court.
By CHAS. A. HAND, Deputy.
Date of last publication February
23, 1916.
TIDE TABLES PORT OF VALDEZ.
Compiled from the official tide L
bles Issued by the Coast and Geodet
1c Survey. The time for high and
low water is for the Port of Valdez
and is Valdez time. Immediately fol
lowing the time of high and low wa
ter Is given the height of the tide
In feet and tenths:
Monday, February 8
High tide 6:07 a. m., 12.0; 7:20
p. m.. 8.3.
Low tide 1:50 p. m., 0.6.
Tuesday, February 9.
High tide 7:27 a. m.. 12; 9:48 p.
m„ 8.8.
Low tide 12:36 a. m., 3.6; 3:14 p.
m„ 0.1.
Saturday, February 13.
High tide 12:07 a. m.. 10.8; 11:38
p. m., 13.1.
Low tide 5:34 a. m., 2.0; 6:24 p.
m., 1.4.
8unday, February 14.
High tide 12:41 a. m„ 11.3; 12:22
p. m., 13.1.
Low tide 6:16 a. m., 1.8; 6:58 p.
m„ 1.3.
Copper River Lumber Co., Inc.
ALL KINDS OP
Native and I | T1V/|QI7D and Building
Puget Sound LiUlVIDEilX Material
CONSTANTLY ON HAND
Prices Right W. M. FINICAL, Mgr. Phone 18
Patronize a Home Industry
Independent Laundry Co.
Satisfaction Guaranteed I | Foot Keystone Ave
Telephone 66 I I Rouyh Dry 10c lb.
ALASKA
STEAMSHIP CO.
S. S. Mariposa and S. S. Alameda sail from Seattle
the 1st, 8th, 16th and 24th
EVERY MONTH
From Valdez south—7th, 15th, 23rd and 30th for Cordova,
Juneau, Ketchikan and Seattle.
Regular freight service for Ketchikan. Juneau Sheep creek Treadwell, Douglas
Cordova Ellamur. Valdez and Latouche. Explosives. S S Seward. S S Seward. 5th
S S Latouche. 15th; S S Cordova. 85th of each month—Right reserved to change this
schedule without notice.
F B. Tracy, Geni Act- Valdez Dock Co., Local Agt.
.. v i nTi -•'
--■—
[•omo IHBPWP I
FULL
QUART
-BOTTLED IN BOND
Has Had no Peers for Fifty Years
SOLD BY ALL DEALERS
WEATHER BULLETIN.
Valdez, Alaska, Feb. 8, 1915.
STATION Above I!elow, Snow In. WEATHER CONDITIONS
Donnelly . 20 3 Cloudy, windy, trail fair.
McCallum . 10 22 Cloudy, windy, trail drifted.
Faison's . 18 17 Cloudy, calm, trail good.
Hogan . 12 17 Clear, calm, trail good.
Gulkana . 24 14 Clear, calm, trail good.
Copper Center .... 13 9 Cloudy, calm, trail good.
Tonsina . 15 24 Cloudy, calm, trail good.
Teikhell . 16 25 Cloudy, calm, trail good.
Beaver Dam . 15 38 Clear, calm, trail good.
Summit . 3 50 Clear, calm, trail good.
Wortman’a ... 10 43 Clear, calm, trail good.