Seward Daily Gateway
OF SEWARD. ALASKA — ESTABLISHED Angutt 19. 1904
Published Daily except Sunday by
THE GATEWAY PUBLISHING COMPANY
Entered at the Poll Office at Seward. Alaaka, aa aecond-daas matter
»f. V. UOIiEN and E. F. J ESSEN. Proprietors
B. F J ESSEN Ed'tor and AliimiRer Edwin A. Sandbcck, Associate Editor
The Associated Prut is
dispatches credited to it
exclusive!? entitled to use for republication of all news
r i>ot otherwise in this newspaper and also the local news
published herein.
All right* for ropubiieation of special dispatches herein ere reserved.
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NEW HOPE FOR THE MINERS
Once again President Roosevelt and the Administra
tion must be commended for the tactful way in which they
changed the gold export regulations this week so that the j
United States and Alaska gold miners can take advantage j
of the higher gold price which now prevails in the world j
markets.
Only meager press details are available to give Alas-j
kans a picture of the present gold situation but these:
facts are apparant: The administration could not create a!
free market for the gold because of previous gold em-:
bargo policies. The administration had to consider gold:
hoarders in the United States. These gold holders had!
failed to keep faith with the administration in its request
that all gold be turned in to the federal government at once;
while thousands of other persons turned in their gold!
and were given in exchange $20.67, a fine ounce. If a free
market were created the gold would not remain at $20.67
an ounce but would go higher—probably up to $30 ($29.-j
605 London price). Thus, the laggard citizen would be:
given a premium of over 40 per cent if he disobeyed re- j
quests of the administration and held his gold until the j
free market was created. The administration solved the |
problem by stipulating in its executive order that all!
gold to be exported must be newly mined gold and must j
be sold by consignment through the Federal Treasury or
the Federal Reserve Banks. This provision automatically
eliminated the gold hoarders because he will not be given
the privilege of exporting his gold and receive $30 an ounce
but will be redeemed at $20.67 each ounce, the same as
his more prompt fellow citizens received.
The Administration has explained its action in lifting
the ban on the export of newly mined gold by saying that
the United States now has ample gold for her currency:
requirements. The Administration has also stated that
if the “surplus” gold is released on the world market that
ihe increased amount of gold in circulation will have a j
tendency to raise world prices. The raising of prices, j
both domestic and foreign, is an aim of the present ad-;
ministration.
In the States miners are enthusiastic over the “new
deal” thev are getting. If our figures are correct, United;
States miners produced $52,000,000 worth of the yellow;
metal last year. Gold in London ysterday brought $29,605 J
a fine ounce in American Currency, or a premium of over |
40 per cent, and if this premium continues the same
amount of output will be worth over $70,000,000.
It can not readily be predicted what the premium on j
gold will do in the way of expanding gold mining opera- j
tions in Alaska. It can be certain, however, that expan- j
sion will take place as miners hail the opportunity of!
getting a higher price for their product. j
The gold industry in Alaska should quicklv show the
benefits of any increase in the value of gold. The Alaska
Juneau Mine will profit considerably as will the Fair
banks Exploration Company., the Hammon Gold Fields,
and other gold producers both large and small. The in
creased margin of profit on gold mining should serve
as an incentive to the furthur development of mines al
ready working and to the opening up of many new ones.
Healy River Coal
FXONOMICAL - DEPENDABLE
SAFE
Free n*om Soot—Graded to suit every need
Priced to suit every purse j
Healy River Coal Corp.
Home office at Anchorage, Alaska
THE FIRST MOOSE
The firist moose of the season in
the Moose Pass district bit the
dust at 6 a.m. Friday morning when
Jack Ebing, B. P. R. superintendent
I and reputed to be one of the crack
• shots of the country, drew down
I on a yearling which was 300 yards
: from the Moose Pass highway.
: Tony Banning, also of Moose Pass,
| carved the fat animal and packed
[it to the road. This moose will
! eventually wind up in quart jars.
j Exposing another rich vein on
I Gilpatrick Mountain, Moose Pass,
four men are now engaged strip
ping what is called the east vein,,
on the Gilpatrick-Hielo property.
This work is being rushed for the
benefit of New York people who
will visit the property next week.
GAS PRICE RAISE
SAN FRANCISCO, Sept. 2. —A
raise in gasoline prices, possibly
to as much as two cents a gallon,
was in prospect for consumers to
day as a result of the conference
with National Recovery Adminis
l tration officials in Washington.
i Chas. Cooper, local business man,
| who has been at Hope for the past
! few days, returned last evening. '
Mrs. Gus Manthey, Mrs. George I
Gullafson, Mrs. Patton, Mrs. W. W.
Ward and Elmer McNamee, who
have been picking berries and
spending an outing in the Hope
district, arrived last night from j
Moose Pass.
ANOTHER RESIGNATION
ST PAUL. Minn., Sept. 2. —Em- }
mett McCann, manager of the St. i
Paul club of the American baseball I
association, had resigned today, ef- 1
fective immediately. This was his'
first year as St. Paul’s manager.
Mr. and Mrs. Walter Corliss and j
daughter left today for Moose Pass
where they will spend their vaca- j
tion. The Corliss’s have moved in
to Frank Hielo’s cabin at Mile 14. i
That successfully groomed, smart
looking coiffure you have long
wanted can be obtained fcr $7.50
from PEARL HENRY. Her DUART
permanents give the fastidious ap-i
pcarance necessary to a perfect
ensemble. Call ADAMS 89 for an
appointment; any kind of beauty:
work done which vou desire. ' ,
-- I
I
FOR EXPERT J
» Go to •
j Miller’s Barber Shop
i Shower Baths ■
A
Sales
Every Month in the Year
1933 Auction Sale Dates
September 26 November 21
October 24 December 21
Special Sales Held on
request of shippers
Advances will be made as usual
when requested. Transferred by
telegraph if desired.
The Seattle Fur Exchange
1008 Western Avenue
Seattle, U. S. A.
<♦ '■ i i ' *<
LIBERTY HALL
Talking Motion Pictures Every Night But Monday
Show Tonight at 8 o’clock
Sally O’Neil
June Collyer — J. Farrell MacDonald
give a great performance in that sparkling
farce drama
“THE BRAT”
A good drama on a comedy foundation. Some
thing a little different in plot and handling.
With it we will further make you laugh with a
Hal Roach comedy
“WILD BERRIES”
A
Sunday’s program starts at 7:30
No one knows the West like Zane Gray
and this is his favorite—the story of the real
cattle range
“HERITAGE OF THE DESERT”
t
Cal IVf. Brosius
BUILDERS’ SUPPLIES
EVERY ITEM IN THE BUILDER’S LINE
AGENT FOR ROYCROFT MOOSE PASS MILL
Mine Supplies, Rails, Rail Bolts, Rail Spikes,
Wheelbarrows, Drill Steel, Blacksmith Coal
Seward, Alaska
CMB
Phone Mad. 52
<
THE ALASKA RAILROAD
TRAINS ARRIVE P.M. TRAINS DEPART A.M.
Thursday and Friday 6:00 Friday 9:00 Saturday 7:30
Mixed Train Arrives . Wednesday p. m.
Mixed Train Departs . Saturday not earlier than 10 a. m.
Round trip tickets on sale between all stations at 1 1-3 of one
way fare. Passengers from Seward leave on Friday or Satur
day; return the following Thursday or Friday. Passengers for
Seward from stations Curry South leave on Thursday and Fri
day. Consult ticket agent for further particulars and rates.
f
Motorship Discoverer
REGULAR SAILINGS FROM SEWARD TO KENAI, KASILOF,
NINILCHIK, SELDOVIA AND WAY PORTS
Captain Hein:e Berger, Master
CLARK AND RESEN, Agent
STEAMSHIP STARR
CAPTAIN ARTHUR RYNING
SAN JUAN FISHING, & PACKING CO.
Next Sailing—about September 10
Chas. A. Jansen, Agent
Phone Madison 139 Seward, Alaska
y
FINEST LAftCEST
.STEAMERS FLEET
\ A_ _
Steamer Lv. Seattle Lv. Seward
Yukon .Sept. 2.Sept. 8.... 9 p.m.
** N’thwesternSept. 9.Sept. 16... 11 a.m.
* * * Yukon .Sept. 16.Sept. 23 ... 11 a.m. |
* Calls at Ketchikan, Wrangell, (Petersburg, j<
mail and passengers only), Juneau, Cordova,
Valdez, Seward; ** Calls Ketchikan, Wran
gell, Petersburg, Juneau, Cordova, Valdez,
Seward, north and southbound; *** Calls at
Ketchikan, Wrangell, (Petersburg, mail and
passengers only), Juneau, (Haines, Skagway,
Yukutat, northbound), Cordova, Valdez, and
Seward.
Freighter Depere to sail from Seattle Sep
tember 16, with explosives.
Alaska Steamship Co.