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Seward JVeekly Gateway
VOLUME XVI. NUMBER 96.
SEWARD, ALASKA, SATURDAY,-MAY 2, 1931.
PRICE TEN CENTS
COYNE STRIKES RICH ORE IN
QUARTZ DISTRICT NEAR
SEWARD
!
Acres of gold yet not a dime j
in sight!
There's something wrong some- j
place. I
Gold by the bucket-fulls yetj
capital seems uninterested. Per- j
haps because socalled experts |
long ago turned thumbs down on j
Nuka Bay and their adverse re-!
ports the only ones available.
Whatever the reason, there are,
literally speaking, tons of gold in
sight in the Nuka Bay quartz dis-!
trict; cleanups are being brought
to Seward quite regularly by
Downey & Babcock yet big capital
continues to look elsewhere.
Downey & Babcock are not in
terested, insofar as obtaining out
side money to carry on; they fin
anced themselves, with the aid of
a loyal, 100 per cent Seward en
thusiast, and now all will reap a
fortune.
Its the rich undeveloped prop
erties The Gateway refers to.
The latest of these is that of
Charles Goyne, who came to Sew
ard on the last boat, with a bag
full of quartz specimen which,
if shown any place but in Alas
ka, would start a stampede in an
hour.
Goyne’s tunnel has proved out
thrice as rich as surface indica
tions, the tunnel assays running
S66.76 to the ton while the sur
face went S27.25. He has traced
the ore 600 feet which has three
different and distinct rich ore
shoots going to the surface. 10
feet above.
Goyne is getting out a small
amount for shipment; in the
meantime he will go right ahead
with development work.
His property is two miles from
the enormously rich Babcock &
Downey claims, and the undevop
ed ground of Johnston & Deegan;
on Downey Mountain. Three great
prospects are on this mountain,
♦each and everyone of which should
make good paying mines.
He said that just recently Dow
high streak of ore on their raise
ney & Babcock ran into another
which, like other ore in the mine,
will undoubtedly assay thous
ands of dollars per ton. They al
ready have ore running $8,000, it
is said, and the depth, contrary
to expert reports, is proven to at
least 150 feet. Which should be
good enogh for anyone.
Gaylord Skinner, on Lang’s
Beach, not so far away, has turn
ed up promising ore. This is an
•entirely new prospect.
Goyne’s tunnel is about 150
feet from tidewater; Skinner’s is
right on the beach; Babcock &
Downey are located about a mile
from the beach on a gentle slope.
All are excellent tidewater propo
sitions, and about them are vir
gin forests for timbers.
The country has everything but
still capital is disinterested. What
is wrong with the picture, any
way?
Henry Lucas, guide, left today
for Skilak Lake.
DO-X LANDS SAFELY
LAS PALMAS, May 2. {fP)—The
giant German plane DO-X landed!
at Rio de. Oro on the west coast!
of Africa.
STEW ALASKA
NORTHBOUl WITH
371 PASSENGERS
MANY ALASKANS ARE ENROUTE
ON FAST A. S. S. CO.
LINER
SEATTLE, May 2. (£»)—'The SS
Alaska, of the A. S. S. Co., sailed
at 9 a. m. today and carried 371
passengers of which 67 are for
Seward, as follows:
Mr. and Mrs. R. L. Hardman and
three daughters; Harold Wilkins,
R. T. Kryasawa, C. C. Taylor, E.
Wabing, Mrs. R. Pike, D. E. Lamon
tagne, Henry Wuhrman, J M.
Magnuson, Baptista Capovilla, J.
L. Hustad, H. Hallane, John Holm
gren, Miss A Spangler.
Mr. and Mrs. R. M. Anderson.
Geo. L. Johnson, Mrs. H. W. Barn
hill, Ralph Hawkl, H. J. Smith, J.
C. Stabence, Mr. and Mrs. Ernest
M. Johnson, Mrs. Paul Reese, Mrs.
C. H. McCain, Miss L. Kilburn,
Mrs. B. C. Johnson and daughter,
Mrs. Grante Brown, Mr. and Mrs.
C. W. Fink, Fred Kahn, Miss
Sarah Hoffman. Mr. and Mrs. F.
F. Slaight, Mrs. H. D. Karo and
son, Mrs. Geo. L. Bean and daugh
ter, Fred E. Pauli.
Mrs. L. D. Graham and three
daughters, Eugene Loranger, J. L.
Freeman, Helen Lentz, Mrs. Wm.
Wagner, Geo. Marchand. Chas.
Peterson, G. F. Warnbold, Mrs.
Ingram and baby, Mrs. T. C. Price,
Mrs. A. D. Haverstock, Mr. and
Mrs. H. C. Sykes. Arnold Kobler,
Jas. Crowley, Lena Hammond. Dave
Dunbard, Mrs. Paul Beran, Mrs.
K. Stuart, and nine steerage.
I.S.S. IISGIVERER AID !
ISM OF GEOGFTSG
SURVEY MD FRIDAY
Under command of Lieut. Comdr.
H. B. Campbell, the U. S. Geodetic
Survey vessel Discoverer arrived in
port early Friday from Seattle to
initiate tfie season’s activities * in
Southwestern Alaskan waters. The
auxiliary vessel Westdahl, under
the command of Lieut. L. D. Gra
ham, is also in port. The Port of
Seward will be, more or less, the!
base for both vessels, it is said.
The alphabetical list of officers i
on board the U. S. S. Discoverer
includes the following:
Lieut. George L. Bean, execu
tive officer; Lieut. H. B. Camp
bell, commanding officer; Lieut.
H. F. Garber, Jr., H. and G. E.;
Lieut. H. Arnold Karo, H. and G.
E.; Lieut. Adolf N. Lokon, chief
engineer; Ensign Gilbert C. Mast,
aid; Lieut. George A. Nelson, Jr.,
H. and G. E.; Lieut. Francis B.
Quinn, Jr., H. and G. E.; Ensign
Ira R. Rutbottom, aid; Lieut. W.
R. Scroggs, surgeon; Lieut. L. W.
Swanson, Jr., H. and G. E.
Tender Westdahl
Lieut. L. D. Graham, H. and G.
E.; Lieut. R. J. Sipe, Jr.,H. and G.
E.; Ensign M E Wennermark, aid;
C. H. Colton, chief engineer.
«. S. STEEL COUP.
DECLARES REGULAR
QUARTERLY STIPEND
NET EARNINGS OF COMPANY
AMOUNTED TO ALMOST
20 MILLIONS
NEW YORK, May 2. (/^—Direct
ors of the United States Steel
Corporation declared regular quar
terly dividends of $1.75 on both
common and preferred stock at
a meeting held here, although
they had to draw upon surplus
derived from previous years to do
| it. The company’s net earnings
ifor the first quarter of the year
amounted to only $19,464,836, the
equivalent of five cents a share,
as compared with $23,083,791 or
69 cents a share for the last
quarter of 1930 and $49,615,397 or
$5.33 per share for the first quar
ter of 1930.
The surplus of the company at
the end of last year amounted to
$741,782,759 and is therefore suf
ficient to carry it and its stock
holders through a long period of
decreased earnings.
The Illinois Central Railroad,
Commonwealth {and Southern Cor
poration announced reductions in
poration and .j^nland Steel Cor
their annual dividends. Illinois
Central directors voted quarterly
dividend of $1.00 per share, which
placed the stock on a $4.00 annual
basis as against a $7.00 annual
rate previously.
Reports in circulation in the fi
! nancial district had it that Gen
eral Electric Company is prepar
ing to cancel shortly its $42,929.
635 special preferential six per
| cent stock in order to effect a
1 saving in the amount^ of annual
i dividends to be paid.
PARIS, May 2. (IP)—Mrs. Aimee |
Semple McPherson, world famed
evangelist of Angelus Temple,
Los Angeles, who is how in Mar
seilles with her daughter and son
in-law on a round the world trip,
refused to confirm or deny re
ports emanating from Cairo that
she had been married to a Hun
garian Count while in Alexan-;
dria.
Mrs. McPherson, reached by In
ternational News Service by long
distance telephone, declined to
make any direct comment, but in
timated there probably had been
a confusion of her name with that
of her daughter Roberta, who was
married on March 4 to Bradley
Smith, purser of the Dollar liner
President Wilson at Singapore.
SIGNS POWER BILL
ALBANY, N. Y., May 2. (IP)—'The
j Conaire 'bill providing for devel
opment of the St. Lawrence River
for hydro-electric power was sign
ed by Governor Roosevelt, ending
a 20-year fight. The project will
cost $70,000,000 and will furnish
electric light and power to North
Central New York.
HALIBUT FARES
SEATTLE, May 2. (^—Halibut
i from four vessels, amounting to
413,500 pounds, sold for 10 to 5
cents.
Draws'
PASSING DECLARES
U. S.- CHAMBER
CONFIDENCE IS GROWING;
PROBLEMS BEING
SOLVED
j ATLANTIC CITY, N. J., May 2.
! (/P)—The business depression is at
'last passing, William Butterworth,
| president of the United States
Chamber of Commerce, assured
3,000 delegates to the chambers
convention at its opening session
here. Mr. Butterworth declared \
that the number of industries that
“can look forward confidently” is
growing and that improvements in
the situation are “appearing in
I the news of the hour.”
! The upturn, Mr. Butterworth
j said, is the result of “strength
| which comes from increasing num
| ber of problems solved by intel
! ligent courage,” He added that
| “activities of the national cham
! ber and its constituent members
reveals that the organized busi
ness is going forward.”
j Robert P. Lamont, Secretary of
! Commerce, made a plea against
wage reductions, reminding busi
ness men that most prosperous
i periods of the nation’s industrial
history have been those coinci
dent with high wages and shorter
; hours. “If millions of workers
i are out of employment for a year
, through loss of wages, their buy
ing power is cut by billions of
dollars,” he added.
THREE NEW VESSELS
SAN FRANCISCO, May 2. (/P)—!
The first of three ne'w steamers, j
now under construction for the I
United Fruit Company’s service!
between San Francisco and Cen- j
itral America, will arrive early in*
11932.
This was the word of the traf
fic manager of the company, Har
vey M. Huff, following latest ad
vices from the east. Each of the
new liners will carry 100 passen
gers, alternating in the company’s
west coast service with several of
the older steamers now operating.
RED CROSS OFFERS AID
WASHINGTON, D. C., May 2.
(JP)—Chairman Payne of the Red
Cross, cabled an offer of aid to
the Red Cross of Russia saying:
“We are deeply distressed and the
Red Cross extends sympathy. Can
we help?”
NOTED EXPLORER DROWNED
NEW YORK, May 2. (A*)—Dr.
Arthur F. Torrance, a noted ex
plorer, has been drowned in a
flood in the African-Belgian Con
go where he went to search for a
Nigerian tribe of dual sex and to
study the causes of sleeping sick
ness, according to a telegram re
ceived here.
ALASKA COLLEGE !S
AT CAPACITY LIMIT
FORTHCOMING YEAR
PRESIDENT BUNNELL RELATES
ACTIVITIES; MORE ROOM
IMPERATIVE
Returning yesterday from a
three weeks’ trip to Juneau where
he had been called by the Ter
ritorial Legislature to attend com
mittee hearings, President Charles
E. Bunnell of the Alaska College
was a passenger on the SS Yukon
and left this •n'vptejl Xr~ Fair
banks. *
President Bunnell reports an
appropriation of $159,420 for the
coming biennium. Special items
in this amount are $25,000 for
buildings, $10,000 for experimental
station work, $6,000 for extension
work, $4,000 for high school schol
arships and $7,000 for additional
powrer plant equipment and a
well.
President Bunnell states that
the sum of $25,000 for biddings
will enable him to build one story
of a concrete fireproof building
which will be used for gymnasium
purposes. The College budget ask
ed for money to build a dormi
tory to cost $65,000 and a fire
proof building for gymnasium pur
poses on the basement floor and
library and museum on the sec
ond floor. The dormitory item
was rejected and the other item
was reduced from $45,000 to $25,
000.
This year there was an increase
of over 40 per cent in enrollment
and both dormitories were full.
The coming year will see the Col
i lege at capacity limit in both
dormitories. Additional dormitory
space is imperative but funds
| were not forthcoming for hous
ing houses.
The Fairbanks experiment sta
I tion of the Department of Agri
, culture has been transferred to
i the College under the provisions
| of the Hatch Act; the College will
i receive $15,000 per year from the
| Federal government which will be
expended on research problms.
I The College also receives $10,
1000 per year under the Smith
j Lever Act (Federal) for extension
{work. Extension workers, Mr.
| Ross Sheely and Mrs. Lydia Fohn *
Hansen of the College, were pas
sengers southbound last night on
the SS Yukon for Southeastern
Alaska points.
INDICTED FOR MURDER -
CHICAGO, May 2. (/P)—Frank
Jordan, who also critically shot
another policeman yesterday, was
indicted for the murder of Police
man Anthony Ruthy.
PINCHOT FOR PRESIDENT
WASHINGTON, D. C., May 2.
(JP)—Progressive Republicans are
grooming Governor Pinchot of
Pennsylvania to enter the pri
maries against Mr. Hoover for
the 1932 Presidential election.
CAPONE GANGSTER KILLED
CHICAGO, May 2. (JP) — Benny
Butler, notorious gunman of the
Capone gang, and pal. of Leo
Brothers, convicted slayer of Al
fred Lingle, Chicago Tribune re
porter, was killed in an automo
bile accident here.