Have you seen tbe Weekly Gateway I
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F. B. MOORE
Gore Bldg. Adams 145
WALL PAPER PAPER-HANG
ING, PAINTING AND
TINTING
‘HOTEL SEWARD’S
HOMELIKE
WARM
MODERN
CONVENIENT
OSCAR DAHL, Prop.
FRENCH PENSION LIST
PARIS, March 10. (^—Official
figures show 700,000 are on the
French pension lists.
Th Alaska Railroad
TRAINS ARRIVE SEWARD
Wednesday and Saturday
At 7:30 P. M.
TRAINS DEPART SEWARD
Monday and Thursday
7:30 A. M.
Orlander
Jeweler
Dealer in Watches
and Clocks, Nugget
Jewelry, Old Ivory,
Curios, and a full line
of goods usually car
ried in a first class
Jewelry store.
Watches Repaired, on
Short Notice
Candies
Chocolates
In large variety at wholesale prices
at
Stotko’s Store
The K. & M. Store
Our principle when opening this store was to give
BETTER GOODS FOR LESS
We have maintained this standard, as our wonderful
increase in sales has proven
Having made Outside Prices possible, we will con
tinue to warrant your approval by introducing
a marvelous new assortment of high class
At a range of prices
$2.00 to $3.00
Exclusive Patterns and Ultra Modish Fabrics
OUR GOODS ARE NEW GOODS
THE LITTLE STORE WITH THE BIG STOCK
ANSWER TO CHARADE
A deer but not doe BUCK
Very needful JACK
Will lighten BLAZERS
And make you aware WEAR
A deep hole WELL
THE K. & M. STORE
Opposite Seward Grin
PACIFIC S. S. CO.
SHOWS GOOD Si
ACCORDING REPORT
Total tonnage handled by tho Pa
cific Steamship Company’s fleet dur
ing the year .reached the large figure
of 974,000 tons, an increase of more
than 28,000 tons over the preceding
year, according to the annual report
of the company which, with the gen
eral balance sheet and summary of
the company’s 1926 income statement,
were made public by President H. F.
Alexander. The substantial gain in
tonnage is reflected in the increase
of gross revenues.
Passengers carried during the year
1926 totaled 113,714, an increase of
about 4,000 over the previous year.
Net income after operating expenses,
overhead, interest and depreciation
and before preferred dividend re
quirements for the twelve-month per
iod / shows a surplus of $52,435.80
against a loss for 1925 of $206,632.40
or an improvement of better than
$250,000. Earnings available for the
payment of funded debt interest ex
ceeded twice such requirements.
| Position Excellent
The company’s current position as
of the close of the year was excel
lent, showing a current raito of ap
proximately two for one and the en
tire absence of notes payable. This
condition reflects a substantial im
provement over the situation a year
ago, when current assets were ap
proximately one and one-half times
the current liabilities.
Funded indebtedness outstanding
December 31, 1925, was reduced
$125,000. This amount was deposited
with the trustees to take care of
first mortgage bonds which matured
■ January 1, 1927. During the year
1926 an amount of $331,018.84 was
charged to expenses and credited to
depreciation reserves. The net sur
plus on December 31, 1926, was $837,
681.88. The quarterly preferred stock
dividends of one and three-fourth
per cent were maintained throughout
the year. The dividend due Febru
ary 1, 1927, has been declared.
The company expects substantially
better earnings during 1927 through
reduction in operating expenses and
an increase in gross revenues, due to
an additional Alaskan service.
Afexander Statement
President Alexander in a letter to
the stockholders says:
"‘In submitting the annual state
ment for 1926 I wish to call your at
tention to the very liquid condition
of the company. Current assets were
$1,373,553.18, whereas current liabil
ities were $682,513.81. This makes
the liquidity raito two for one,
whereas a year ago it was one and
one-half for one.
“The company has no bank loans
outstanding. The suit between the
steamer H. F. Alexander and the
steamer Andree has been settled, ,
consequently the note of $250,000
which was outstanding December 31,
1925, with the Chase National Bank,
pledged as collateral, for a surety
bond, has been liquidated.
“The net income of the Pacific
Steamship Company for the year
1926, after paying all operating ex
penses, overhead, taxes, interest and
depreciation, was $52,435.80, against
a loss for 1925 of $206,632.40, an im
provment of $259,068.20. During the
year 1926 an amount of $331,018.83
was charged to expenses and credit- ■
ed to depreciation reserves. The
net surplus on December 31, 1926
was $837,681.88.”
Scheaffer’s Lifetime Pens and Pen
cils. Schallerer's Alaska Shop.
FOR SALE—Police dog; pedigreed.
Phone Adams 18.
FOR SALE—Three tons potatoes, 3
tons rutebagas, 1 ton carrots at
$50 a ton each. Address HENRY
COUILLARD, Moose Pass, Mile 29,
A. R. R., Alaska. 14t
LOST or strayed, since last Friday,
English setter dog, medium size’
weights about 45 pounds, white with
brown spots at both ears and at the
root of the tail. Finder, please re
turn to Peter Lalios at San Juan
plant and receivie reward.
FOUR SLED DOGS and harness for
sale, $50. Inquire Gateway.
FOR SALE—Ideal ranch for raising
mink, beaver and muskrats, on north
side Wasilla lake, 2 miles east of
Wasilla. Good house and fox pens,
abundance of fish and game; wild
mink and muskrats on ranch. Very
cheap. Write D. fi. Stubbs, Mc
Kinley Park, Alaska.
WANTED—Respectable middle-aged
lady wants position in a camp to
cook for about six men. Call Gate
way office. 3t
FOR SALE—Quartz and placer not
ices, proof of labor blanks and any
other leigal blanks applying to the
Terirtory. at The Gateway office, tf.
FOR SALE—Lumber and building
material of all kihds. Cal M. Bro
sius, Seward, Alaska. _ tf.
WANTED—Man or woman to distri
bute Raleigh’s Food Products,
Household Remedies, Extracts,
Flavors, Spices, Soaps, Toilet Pre
parations, Stock and Poultry Sup
plies. 30 million packages of these
Products sold to United States and
Canadian consumers last year.
Rawleigh’s business established in
1899; 15 million dollars capital.
We train and help you—no exper
ience needed. Pleasant, profitable
work. Write for particulars giv
ing full information about your
self. Enclose snapshot of photo
if possible. The W. T. Rawleign
Co., Oakland, Calif., Dept. C.
WANTED—To Buy, Clean potton rags,
will pay 5c per pound. Gateway, tf.
PROFESSION!!. CHS
SEE
CURTIS R. MORFORD
FOR FIRE INSURANCE
DR. J. A. BAUGHMAN
PHYSICIAN AND SuRGEON
CHRONIC DISEASES A SPECIALTY
Phone Madison 90. Seward, Alaska
AARON E. RUCKER
ATTORNEY AT LAW
Harriman Bldg. Annex
PHONE MADISON 136
D0N0H0E & DIMOND
ATTORNEYS AT LAW
Offices:
VALDEZ and CORDOVA
DR. A. R. ROBERTS
DENTIST
Dental and General X-Ray Work
New Tecklenfoerg Bldg.
Phone Mad. 108 ... Seward, Alaska
ARON ERICSON
Signs Wall Paper
PAINTER & DECORATOR
Hofman’s Rooming
House
THE BELMONT
FOR LABORING MEN
Call Adams 126 for Labor
8EWARD, ALASKA
For any kind of
GENERAL REPAIRING
G. THORKELSON
Leave Call at The NORTHERN
Typewriters and sewing machines
made as good as new
THE PALACE
John Mattich, Prop.
POOL, SOFT DRINKS AND
CIGARS
Furnished Rooms
Phone Main 55
Barber Shop
FRED MILLER
Tub and Shower Baths
OPEN SUNDAY A. M.
For Electrical Work
CALL TOM OSBO
Residence—Madison 123
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THE BEST PLACE FOR
CLEANING—PRESSING
AND ALTERATIONS
At
C. Henning’s
TAILOR SHOP
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