Seward Daily Gateway
" OF SEWARD, ALASKA — ESTABLISHED Augo* 1#, 1®04
Published Daily except Sunday by
THE CATER AY PUBLISHING COMPANY
Entered at the Poet Office at Seward, Aleak a, a* aecond-ctaea matter
. H. V. HOBEN and E. F. JESSEN. Proprietor*
B. F JESSEN Editor and Manager Edwin A. Sandbeck, Aaaociate Editor
VALUE OF ALASKA
MINERAL OUTPUT
SHOWS DECREASE
Mines in Alaska in 1932 produced
minerals worth $11,638,000, as
against $12,278,000 in 1931,- accord
ing. to an annouhcement made by;
the Interior Department recently
through the Geological Survey.
The total value of the mineral
output of the Territory since 1880
is $653,229,000.
The following table shows in
summary form the mineral output
LEGAL NOTICE
(Official Publication)
Report of the Financial Condition
of
The Bank of Seward located at
Seward, Territory of Alaska, at the j
close of business on the thirtieth |
day of June, 1933.
RESOURCES
Loans and discounts
Overdrafts .
United States and
other bonds owned
Banking house,
furniture and fixtures
Other real estate owned
Checks on other banks
and other cash items
Gold dust on hand.
Cash on hand .
$145,024.96
227.00
173.682.50
15,481.38
13,394.55
568.27
2.237.11
56.234.33
TcJtal .
LIABILITIES
Capital stock paid in
Surplus fund .
Undivided profits .
Reserves .
Individual and
savings deposits
Demand and time
certificates of deposit.
Bills payable and
rediscounts .,.
$406,850.10
.$ 25,000.00
10,000.00)
4,305.51 ’
10,000.00
320,713.34
11.831.25
25.000.00
Total
$406,850.10
United States of America
Territory of Alaska ss. J
Third Judicial Division j
I. O. Ulshagen, Cashier of the
above named bank, do solemnly
swear that the foregoing state
ment is true to the best of my
knowledge and belief.
O. ULSHAGEN
Cashier
• Correct Attest)
H. S. BALDERSTON
Director
(Notarial Seal)
Subscribed and sworn to before
me this 10th day of July, 1933.
CARL ALMY
Notary Public in and for the
Territory of Alaska. My commis
sion expires Aug. 1, 1933.
of Alaska for 1932 and, for com
parison, the production of the
same minerals in 1931:
Value of Alaska Mineral Output in
1931 and 1932
1932 1931
Gold.-. $10,209,000 $9,507,000
Copper . 550,500 1,877,000
Silver ... 66,000 102,000
Coal . 513,500 556,000
Lead . 75,600 126,000
Miscel.* . 223,400 108,000
Total 11,638,000 12,278,000
* Includes petroleum, platinum
metals, limestone, etc.
The decrease in the value of the
total mineral production of Alaska
in 1932 as compared with 1931, as
shown above, was about five per
cent. To persons familiar with the
general business situation through
out the world so small a decrease
demonstrates the fundamentally
sound condition of the mining in
dustry in the Territory.
To those less familiar with gen
eral conditions it may be stated
that a comparison of the average
selling price of three of the com
mon metals that contribute to the
mineral output of the Territory—
copper, lead, and silver—s h o w e d
that prices received in 1932 were,
respectively, 76, 83, and 97 per cent
of the prices for the same metals
in 1931, or only 36, 48, and 49 per
cent of the prices received in 1929.
It was not the direct effects of
the decrease in the selling price
of those metals, however, that has
caused the drop in mineral produc
tion, so much as their indirect
and less obvious effect in deterring
operators from opening up new
properties or maintaining even a
normal rate of output from many
of the mines already producing.
There was, of course, no change
in the unit price of gold, and this
very stability, when compared with
the decreases in price of most of
the other commodities, stimulated
the output of this metal, and as a
Result there was a very large in
crease in the gold production of
Alaska. In fact, the output of gold
from the Territory in 1932 was
greater than it had been for any
other year since 1917.
Coal to the value of $513,500 was
produced in 1932 from Alaska coal
mines. This marked a decrease in
both quantity and value, but the
output of the year 102.700 tons, has
in only five years in the entire
period that coal mining has been
in progress in Alaska. No Alaska
coal is exported, but 28,422 tons
was imported.
NOTICE
Will be back from Nuka Bay on
about July 15.
Earl Mount,
Seward Leather Works.
Seward Hotel
Mrs. D. J. McKenzie, Prop.
SEWARD, ALASKA
MODERN
REASONABLE
Rooms with or without bath
SPECIAL RATES BY
WEEK OR MONTH
Serving
The Moose Pass, Hope and Sunrise Districts
Hope and Seattle Potatoes
Swiss, Brick, American and Pimen
to cheese
Men’s and Boys Caps
Ball Band retanned 12” Leather
Top Crepe Sole Shoe Pacs.v.$5.00
14 oz. Canvas Gloves.25c
GEORGE ROLL
HOPE, ALASKA
INFIELDER MAY BE
WITH WRONG TEAM
i BOSTON, July 11. —Bill Walters,
hard-hitting young infielder whom
the Boston Red Sox recently pur
chased from the Mission club in
the Pacific Coast League, has ar
rived in the right city but may be
playing for the wrong team.
It became known Monday that
the Boston Braves have entered a
defensive claim for Walter’s ser
vices with Baseball Commissioner
K. M. Landis That official has in
formed the Red Sox that they may
use Walters while he puzzles over
the obscure agreement the Braves
have with the Missions regarding
i the youngster’s services.
—
BUSINESS GAIN
J. F. McGovern of the Seattle
brokerage firm of McGovern &
McGovern, reports that the pros
pect of higher prices and the elim
ination of destructive trade prac
tices in the salmon-packing in
dustry has given rise to new hope
for the industry which has sag
ged during the past few years.
THE WEATHER
Seward, 56, cloudy and calm;
Tunnel, 50, cloudy and calm; An
chorage, 60, cloudy and calmrCurry,
52, cloudy and calm; Broad Pass,
45 light rain and calm; Healy, 45,
cloudy and calm; Nenana 60,
cloudy and calm; Fairbanks, 60,
clear and calm.
CLASSIFIED ADVER USING
FOUND—July 5; empty wallet. Call
at Gateway Office.
SCHOOL BUILDING
FOR
TERRITORY OF ALASKA
FORTUNA LEDGE, ALASKA
ADVERTISEMENT
SEALED BIDS, in Duplicate, sub
I ject t-o the condition contained
I herein, will be received until 1:30
|P. M. August 2, 1933, at the office
I of the Commissioner of Education
! at Juneau, Alaska, and then pub
jlicly opened, for furnishing all labor
! and materials and performing all
work for the erection of a School
Building at Fortuna Ledge, (Mar
shall) Alaska, in accordance with
| plans and specifications prepared
by N. Lester Troast, Architect of
Juneau, Alaska. Plans and specifi
cations may be had from the Ar
chitect or Commissioner of Educa
tion or the following:
H. R. Hunter, Fortuna Ledge,
Alaska.
H. Olson, Nenana, Alaska.
Mrs. LaDessa Nordale, Fairbanks,1
Alaska.
P. C. McMullen, Seward, Alaska.
R. S. Bragaw, Anchorage, Alaska.
Guarantee wll be required with
each bid as follows: Certified check
in amount of 5% of the bid.
Performance Bond will be requir
ed as follows: The successful bid
der will be required to furnish a
satisfactory bond in the amount of
50% of his contract price.
Partail payments will be made
upon a certificate of the Architect
who will grant a certificate within
10 days after receipt of .the Con
tractor’s statement.
Envelopes containng bids must be
sealed, marked and addressed as
follows:
“Proposal for School Building for
the Territory of Alaska, Fortuna
Ledge, (Marshall) Alaska.”
“To be opened August 2nd, 1933
at Juneau, Alaska, 1:30 P. M.”
Publish July 8, 10, 11, 12, and 13
H. A. Overhalden
(Hans)
Carpenter and
Cabinet Worker
; WORK BY DAY OR
| CONTRACT
» PHONE MADISON 45
l Seward, Alaska
VEGETABLE AND
FLOWER SEEDS
HARDWARE, STOVES AND
RANGES
Tinning: and Plumbing:
J. L. GRAEF
Seward. Alaska
LIBERTY HALL
\.. i
Talking Motion Pictures Every Night But Monday
Show Tonight at 8 o’clock
MAURICE CHEVALIER
Charles Buggies — Janette McDonald
Myraa I by—Charles Butterworth
in the big 10 reel feature
“ LOVE ME TONIGHT"
a fine play full of music and singing
DON’T MISS IT!
Cal M. Brosius
BUILDERS’ SUPPLIES
EVERY ITEM IN THE BUILDER’S LINE
AGENT FOR ROYCROFT MOOSE PASS MUX
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 KENAI, KASILOF,
NINILCHIK, SELDOVIA AND WAY PORTS
Captain Heinie Berger, Master
The Gateway, Seward Office
STEAMSHIP STARR
CAPTAIN ARTHUR RYNING
SAN JUAN FISHING & PACKING CO.
Next Seattle Sailing About Aug. 2
Chas. A. Jansen, Agent
Phane Madison 139 Seward, Alaska
LARGEST /,V
FLEET Ay
yv/ \;
THEAt®K^NE
Steamer
Yukon
Aleutian
Yukon
Aleutian
*Yukon
Lv. Seattle Lv. Seward
July 8 July 14 9 p m.
July 15 July 21
July 22 July 28
July 29 Aug. 4
Aug. 5 Aug. 11
Ports of Call: Ketchikan, Wrangle, Juneau,
Cordova, Valdez, and Seward
S. S. Depere sails from Seattle for Seward
July 6
J. H. Flickincer, Agent
Sailings marked • connect with 83. Starr at Seward
Sailings, from Seattle at • a.m. an dates shewn
Alaska Steamship Co
i