Seward Daily Gateway
Of Seward, Alaska. Established August 19,1904
Published daily except Sunday by
The GATEWAY PUBLISHING COMPANY
Entered at the Post Office at Seward, Alaska,
as second-class matter under the Act of
March 8, 1879.
H. V. HOBEN and E. F. JESSEN, Proprietors
E. F. Jessen, Editor and Manager; Edwin
Sandbeck and Otto Sandheck, Associate Editors
The Associated Press is exclusively entitled to
use for republication of all news dispatches
credited to it or not otheru ise in this news
paper and also the local news published herein
Ali rights for republication of special dis
patches herein are reserved.
Subscription Kates: Daily, by carrier, per
month, $1.20: Daily, by mail, per month. $1.<W>:
Daily, by mail, per year $10.00; Foreign
postage (extra) 300 issues, $9.00: Weekly
Gateway, by mail, per year $3.60.
Advertising Rates: Per single column, one to
six inches, far inch, 50 cents: per single
column, per inch, per month. $5.00: Legal
Notices, per line, per issue, 15 cents; Class
ified advertising, per line, per issue. 15 cents;
Notice of Final Proof Notices, $12.00; Notice
to Creditors, Notices. $15.00.
MINING MEN FAVOR
NEW FEDERAL LAW
DENVER. Aug. 12. —Belief that
a new era for legitimate mining:
development has been brought ab-i
out by the new federal securities
act, was expressed at a recent'
meeting of the Denver Stock Ex- j
change. Numerous speakers explain-,
ed the new national legislation, say
ing it is certain to aid in the fin-!
ancing of mining enterprises be-:
cause there is greater confidence
among investors when they know’
that the company they are dealing)
with has made a complete report
to the federal government.
It was decided, however, to re-1
tjuest the Federal Trade Commis
sion to prepare a short form of re-'
gistration for mining companies, as
it was felt that the voluminous re
port prescribed will result in many
dollars being spent for bookkeep
ing and auditing that should go
development.
SNOWSHOE WIRELESS
Sourdough Bill, whose cast-iron
stomach is now said to be well on
the way to being gold-lined, denies j
that the A & J mine at Moose Pass j
took out a million last week.
RECOVERY IDEA
BORN IN TALKS
BUSINESS HEADS
WASHINGTON, Aug. 12. — One
thing about the “N. R. A.,” not
generally understood, even in Wash
ington, is the large part which in
dustry itself played in nurturing
the original germ of the present
mighty plan for industrial recovery.
Various commentators, speculat
ing as to the beginning of this
giant of an idea, have surmised it
must have been a product of the
Roosevelt “brain trust.” The truth
is the professors of the brain trust
appeared in discussions only in the
later stages as advisers on details.
What actually took place was
this:
Soon after the election last Nov
ember, Mr. Roosevelt discussed with
various business men what could
be done to put industry on a firm
er basis.
He was aware that in all serious
depressions in the past it was the
financial world itself which took
the lead in applying remedies,
while througout this depression the
government has been compelled to
assume almost complete responsi-;
bility.
When this was mentioned, it was
pointed out by the industrialists
that in those former years of trial
they had a much freer hand to deal
with economic crises.
There was no stringent auti-trust
law then, providing jail sentences
for those who put their heads to-i
gether to peg prices or allot sell-,
ing territory. There was no Federal j
Trade Commission training its j
microscope on trade practices.
What the industrialists did, in
effect, was to challenge Mr. Roose
velt to remove the barriers. Whatj
Mr. Roosevelt did was to accept the \
challenge, inserting a few stipula- i
Lions of his own into the contract-1
So the idea of chartering industry
to solve its own problems was born.
Of course the child did not at-'
tain full stature overnight. There!
were repeated conferences at Al
bany.
I
Gameron’s!Cafe
THE BEST PLACE TO EAT
OPEN DAY AND NIGHT
Mr. and Mrs. Chas. Cameron, Props.
!
Fruit Jars with Glass Tops and Wire Bale, and
with Glass Screw Tops; also all accessories.
GEORGE ROLL
HOPE, ALASKA
I
I
I
FUR AUCTION SALES
WestCoast Fur Sales.Inc.
Tacoma .Washington
KENNECOTT HAS |
A LARGE SURPLUS
I
I
NEW YORK, Aug. 12. — Kennecott
Copper Corporation and subsidiar
198 after a writedown of $1,576,963
ies report a 1932 net loss of $7,102,
against inventories after depletion.
A special adjustment of $636,689 in
connection with the inventories of
te Utah Copper Company, a sub
sidiary, was charged against the
surplus account.
For 1931 the company reported
profits of $3,848,827 before depletion
and adjustment of inventories am
ounting to $1,768,502 which was
charged to the surplus account.
Current assets on December 31,
including $14,740,238 cash and U. S.
Government securities at cost, to
taled $36,091,150. Current liabilities!
were $3,128,825. At the close of 1931
cash and government securities
were $20,434,451 and total current
assets were $47,959,825. Current li
abilities were $5,076,530.
MIAMI SERVED BY
SEA AMBULANCE
MIAMI, Fla., Aug. 12. — A sea
going ambulance, capable of 35
miles an our. has been launched j
here. It carries a radio and emer- |
gency first aid equipment.
W. L. Philbrick. the owner, saysj
it is intended to take patients
from passing ships, rescue parties
in distress on small boats and re
spond to calls at the beaches or in
nearby waters.
ALASKA—No. 8554. Cook Inlet,
southern part. June, 1933. Scale,
32 by 40 inches. Price 75 cents.
Shows amendments to the depths
along the south coast of Kenai
Peninsula and southward to the
limits of the chart from surveys
by the V. S. Coa?t and Geodetic
Survey in 1931.—Alaska Shop.
Osbo s Electrical Supply |
House Wiring, Boat Wiring «
and Repairing.
We stock up-to-date Light i
Fixtures J
Radios and Radio Supplies
For Service Call Adams 82
CLEANING
PRESSING
ALTERATIONS
C. Henning’s
TAILOR SHOP
:•-—❖ i
GEO. ANDERSON
in Seward soon
Expert Piano Toning
Pianos—Sale or Rent
Leave messages care of
Van Gilder Hotel
6>— v
DRINK MILK FOR HEALTH
PURE BREED STOCK
PRODUCES ALL OP
MILK and CREAM
Seward Dairy
LIBERTY HALL
Talking Motion Pictures Every Night But Monday
Show Tonight at 8 o’clock
VICTOR McLAGLEN — EDMUND LOWE
Richard Aden — Ralph Ince
in the very unusual detective feature
“GUILTY AS HELL”
Something special in a mystery drama. Giving
it from a different angle in which a detective
and a reporter are pitted against each other in
cleverness. The play is
FULL OF COMEDY
With it we give you a good cemedy with
Charley Chase in
.‘TABASCO KID”
SPLENDID PROGRAM
COMING ON TRAIN
FOR SUNDAY
Show starts at 7:30 p.m.
Cal M. 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.
Motorship Discoverer
REGULAR SAILINGS FROM SEWARD TO KEXAI, KASILOF,
NINILCHIK, SELDOVIA AND WAY FORTS
Captain Heinie Berger, Master
The Gateway, Seward Office
STEAMSfflP STARR
CAPTAIN ARTHUR RYNING
SAN JUAN FISHING & PACKING CO.
Next Westward Sailing August 18
Chas. A. Jansen. Agent
Phone Madison 139 Seward, Alaska
M
r ^YVi|i|:i
Steamer Lv. Seattle Lv Seward
-Yukon
Aleutian
Yukon
Aleutian
* Yukon
..Aug, 5.
Aug. 12..
Aug. 19...
Aug. 26
Sept. 2..
.Aug. 11 9 p.m.
Aug. 18 9 p.m.
Aug. 25 9 p.m.
Sept... 1 9 p.m.
.Sept. 8 9 p.m.
Ports of Call: Ketchikan, Wrangle, Juneau,
Cordova, Valdez and Seward
Freighter Depere sails from Seattle
August 6 and Tanana August 20.
J. H. Flickinger, Agent
Saimtg* marked • aonneet with SS. Starr at Seward
Sailing* from Seattle at • a.m. on date* ihown
Alaska Steamship Co.
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