To forecast the lutine of copper is
impossible. It is safe to predict that,!
if no substitute is discovered and the
demand for the metal increases as it
has done during the modern industrial
era, the supply will fall short of the
demand and the value of the metal
will rai9?. The same is true of all
the mineral products that are con
sumed in the arts. The experience of
the last few years in the United
States illustrates, however, the sen
sitive connection between demand
and price.
While such spasmodic variations
are transitory, there can be no doubt
that if the demands grow and no
very important new discoveries are
made, the metal will become scarcer
and wiil command a higher price
than the average price of the past.
One consequence, which will also be
a corrective, will be that the metal
will cease to be used for purposes to
which it is turned today, and for
which a cheaper mater;al can I e
discovered. For it is an invariable
rule that when the metal has run up
above a figure which deters pur
chasers from using it except for una
voidable purposes, the consumption
drops off sharply, and more nr rmal
value is restored.
Chicago, Dec. 10—Judge Landis,
who achieved fame by assessing the
largeS ; fine in the world’s history
against the Standard Oil Company for
accepting rebates contrary to law,
has again sprung into public notice by
ordering his clerk to omit the prefix
“ Honorable” before his name in the
c mrt records.
Washington, D. C., Dec. 10—The
rivers and harbors convention has
adjourned. It asks congress for an
annual appropriation of $50,000,000
for the improvement of rivers and
harbors of the country.
New York, Dec. 10—At a meeting
of the trustees of the Amalgamated
Copper company, it was decided to
close several copper mines in Mon
tana, thus curtailing the production
for an indifinite tim^. At the present
price of the metal, it is not profita- j
ble to operate the low grade ores. A
decrease in the supply will cause a
demand that will put copper in the
vicinity of 18 cents.
Dawson, Dec. 10—Rep yi ig to
charges of gross imm jrali'.y in Da w
son and throughout the Yakon ter
ritory, Governor Hende.-son wired
VVb'U «• U V MU V VMW *** “ * v%*‘y -
gold camps were as good as cities
elsewhere in Canada.
Goldfield, Dec. 1C—A battle is ex
peeted the latter part of this week
when thej mines will start to work
with non-union crews. The soldiers
have been ordered to prepare for an
emergency call. Thus far the union
men have been orderly, but it is
thought to be the calm before the
storm. Crowds are not permitted t<
gather, and officers are exerting every
effort to preserve order. The mine
owners are known to desire martial
law, but this will not be declared un
til the civil authorities show theii
inability to cope with the situation.
No arrests have been made of those
suspected of having written threaten
Lag letti rs to various mine owners
and officials.
Washington, D. C., Dec. 1C—Gee.
Meyers has been appointed post
master at Chatham, Alaska.
Stockholm. Sweden, Dec. 10—K
Oscar of Sweden is dead, and CT \
Prince Gu stavns has ascended ti t
throne.
Os • r II, the late King oi Sweet,
was boin January 21, 1829. He was
the son of Oscar i. and a grandson of
Marshal Bemadolte, a Frenchman,
and one of Nnpc leon’s generals, who
was elected heir-apparent to the
crown of Sweden in 1810, and became
king in 1818.
Crown Prince Gustavus, v>ho suc
ceeds to the throne, was born in 1858.
He was married in 1881 to the Princ
ess Victoria, of Baden, and has three
ions, the heir-apparent being Prince
Gustavus Adolphus.
Washington, D. C., Dee. 9—Prince
Kalabmanolo, of the Hawaiian islands
appeared before the republican
national committee and asked that
Hawaii be given four instead of two
delegates to the republican national
convention. Chicago and Kansas
city are now fighting for the conven
tion, Denver being out of the race.
The time and place of the national
convention will be settled this after
noon.
Dawson merchant Bankrupt
Seattle, Dee. 11—John Lee, for
merly a prominent Dawson merchant,
has gone into bankruptcy. He owes
$20,000 in the Yukon territory.
Going Outside?
If you arc take your money
or dust to
DEXTER HORTON & CO.
Bankers
and open a bank account. Savings
accounts earn 4 per cent, interest.
If you are going to stay in this
winter you can open an account by
mail
SEATTLE
Captain Mikkelson, the well known
explorer, now winterirg in the Arctic,
enroute to the north pole, hopes to
prove that what is now known as
Herschel island is, in reality, a part
of another continent. He will devote
further time to exploring this place in
an effort to more fully trace its
boundaries
Steamer Jeanie is hourly expected.
The Bertha was scheduled to sail
from Seattle yesterday, but r o word
that she had sailed has teen received
here. The Portland sails from Seat
tle the 20th.
The rumor is persistent on the
streets that a well known federal
official of Valdez, row in Seattle, has
captured a fair prisoner. Thispapei’s
Ileuth has been unable to confirm the
report. _
WANTED--A first-class
Gold or Gold and Cop
per Mining Proposition
in Alaska. Please state full
particulars when you write
Address Lewis Lusk, P. O. Box
1072 Spokane, Wash.
For Assays Send Your Ore
Ellamar Mining Co.
Gold, Silver and Copper $3.50
Gold and Silver - 1.50
j Copper - - - 2.00
Lead - * - 2.00
Bllamar, Alaska
Ellamar
Mining
Companv
Powder, Caps, Fuse,
and all other nec
essaries for the
Prospector.
GENERAL MERCHANDbt
Prices Reasonable.
Ellamar. Alaska
Wines,Liquors and Cigars.
The Senate.
T. A. COBB & CO., Prop*
y it t
CARRYING U. S MAIL AND EXPRESS
SEATTLE—PRINCE WIUUIAM SOUND ROUTE
Right is reserved to change steamers or sailing date
. tfnrrrn Sail* from SailMr m
STEAMSHIP \ A LDEZ for SEATTLE >EATTI.K for \ At PM
Str. Saratoga «<■'■ ^ °>< >
Str. Yucatan Oct. 25 oct. If,
Str. Santa Clara <)ct. 17 Oct *
Oi„ TVnvr, Sails from Seward 16th of each month for Ur.aln*ka. Pntl
\|r 11(11/1 Harbor, and way norts Katurninjt arrives at Sew*,n *Piut»t»
*"'*'*• "VlCt of each month
For reservation of Berths, Rate? If AI nr7 flfiPI/ Pfl AGENTS
and Information call on vMLULL UUuIV ull. VALDEZ, ALASKA
F- G McMicken, G F. and P Agt. General Offices 702 First Av , Seattle
f\ L/ISK/1 QoflJT ^onPriNT.
U. S. Mail and Alaska-Pacific Express
Sails from Seattle on the 10th of
each month via the Inside Route,
St ZININ t>a^in£ at Juneau. Sitka, and*’
• J • ■ V/lV 1 way ports, to Kodiak. Returnirg.
sails from Valdez ' Lout the 2at»
omitting Sitka
Sm neU-TH/f Sails from Seattle the 2oth *
• J * DLI\ 1 Ilri eech month, Inside Route. I.e*vrt
Valdez for Seattle on the 19th
Right is reserved to change steamers and date of sailing
notice.
H. F. ALEXANDER, Vice Pres., Gen’l Manager.
94 Yesler Wav, Seattle
VALDEZ DOCK CO., Agent.
Pnone 16 ; Valdez