Bank of Anchorage
FINANCIAL STATEMENT OF BUSINESS ON
December 14th, 1916
V
RESOURCES.
LOANS AND DISCOUNTS .$144,062.76
FURNITURE AND FIXTURES ... 3,000.00
EXPENSE . 10,638.70
CASH DUE FROM BANKS .. 272,732.79
CASH ON HAND. 152,679.77
$583,114.02
LIABILITIES.
CAPITAL STOCK.$ 26,000.00
UNDIVIDED PROFITS . 11,319.34
DEPOSITS. 546,794.68
$583,114.02 .
RESERVE REQUIRED BY LAW.20 PER CENT, OR $109,358.80
Our Reserve on above statement, 78 per cent, or $425,412.56
OUR GROWTH:
MAY 20th—OPENED FOR BUSINESS.
MAY 30th, DEPOSITS. $ 82,691.96
JUNE 30th, DEPOSITS. 209,480.09
JULY 31st, DEPOSITS. 304,190.84
AUGUST 31st, DEPOSITS. 356,478.98
SEPTEMBER 30th, DEPOSITS. 437,349.15
OCTOBER 30th, DEPOSITS. 506,185.39
NOVEMBER 29th, DEPOSITS. 512,269.99
DECEMBER 14th, DEPOSITS . 546,794.68
TERRITORIAL DEPOSITORY
A. E. LATHROP
J. E. O’REILLY
SIDNEY ANDERSON
FOREIGN EXCHANGE DEPARTMENT
DIRECTORS:
HARRY V. HOBEN GEO. W. PALMER
LEOPOLD DAVID.
CHAS. E. BROWN
CORRESPONDENTS
SEATTLE NATIONAL BANK,
Seattle.
DEXTER-HORTON NATIONAL
BANK.
Seattle.
FIRST NATIONAL BANK,
Seattle.
SANDIN A VI AN-AMERICAN
BANK,
Seattle.
--
NATIONAL BANK OF
COMMERCE,
Seattle.
CHASE NATIONAL BANK,
New York.
AMERICAN NATIONAL BANK
OF SAN FRANCISCO.
San Francisco.
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BANK OF SEWARD,
Seward, Alaska.
BANK OF ANCHORAGE
Pacific Grocery Company
s
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WHOLESALE
QUALITY
LIBBY DELMONTE
|C BRANDS
THE ONLY WHOLESALE HOUSE IN ALASKA.
m
TRY OUR HAMS AND BACONS
Fresh Smoked Every Day.
The Art Palace of Anchorage.
The First Building in Anchorage.
Carrying a high grade line of cigars, cigarettes, to
baccos. Strongest Fruit Department in the city.
Classical music rendered every afternoon and even
ing. Piano and violin. You will like it.
Have your mail sent to Montana Pool Room. You
can get it any time.
You are welcome ! ! Let’s get acquainted this winter.
CHIMENTO and ALEX TSAKUMIS, Proprietors.
fRY A “WANT” AD. IN THE TIMES FOR RESULTS.
A. S. DAUTRICK
DISCUSSES THE
FREIGHT RATE
(Ketchikan Progressive)
A. S. Dautrick, traveling agent for
the Great Northern railway, who is in
town from Juneau, talked to a repre
sentative of the Progressive-Miner
about the United States Shipping
Board. He said:
“Recently, perhaps because of the
hearings held at Cordova and Juneau
by the interstate commerce commis
sion, there has been an unusual
amount of discussion about steamship
rates tft Alaska; the more common
opinion being that they are too high.
Comparison with other points in the
United States, for similar distances,
would disprove this. However, what
ever view is held, within a few
months there will be little reason to
complain at the transportation lines
because after that time rates will be
made by a branch of the government.
Early in September the president
approved the act creating the United
States Shipping board. This board
will consist of seven members and,
among other things, will regulate
rates of water transportation, just as
the the interstate commerce commis
sion fixes the rates for railway lines.
Under this law it will be illegal for
one person or firm to receive a lower
rate than another, either for freight
or passenger service, and the penalty
for a violation thereof is $5,000.00.
“It is quite likely that the board,
which is to be appointed by the pres
ident, will be named at an early day
and before the opening of the spring
business will be in working order.
The steamship lines will then file
their tariffs for freight and passen
gers, and, no matter whether they are
considered high or not, each shipper
will know that he is paying exactly
what another is—canneries, mines and
all. If any schedule of rates is deem
ed excessive the community affected
may protest and be afforded an oppor
tunity to make a showing and the
board has absolute power to order a
change if it deems the rate unreason
able. In other words, the rate mak
ing is taken, in effect, out of the
hands of the transportation lines, and
put into an arm of the government.
“That it will work to the satisfac
tion of the companies and the ship
pers alike is not in the least doubted
by men of training in these matters.
“It is the hope of transportation
people that a western man will be
one of the members of the board and
a movement to that end is being or
ganized. The more common belief is
that a California man, suggested pos
sibly by Secretary Lane, will be nam
ed.”
JAPANESE LOSES LIFE
NEAR KERN CREEK
(Seward Gateway)
Harry Imanura, a Japanese, is now
lying frozen to death somewhere near
Kern creek. On Thanksgiving day he
disappeared from the neighborhood of
Kern creek and although search par
ties have been out hunting for him
ever since not a trace has been found.
Imanura is the man who attempted
to commit suicide over in that district
two or three months ago. He come
from I.atouche to Seward and went to
work at Glacier just before he show
ed a suicidal intent. In a message re
ceived by Deputy Marshal Evans it
is told that after Imanura disappear
ed on Thanksgiving day several men
trailed him and followed his tracks as
long as they were visible but word
came last night that he has not been
found. The weather at the time he
left was very cold and unquestionably
he has fallen a victim in the same
manner as did poor Conrad Freeding
on the same day in the Kougarok.
FUNSTON MAY SUE
BAPTISTS FOR LIBEL
SAN ANTONIO, Dec. 1.—Com
menting on the action of the Baptist
General association of Virginia, at
Norfolk, Va., yesterday in adopting a
resolution protesting against the gen
eral’s alleged attitude, General Fun
ston remarked, “Baptists who are dis
torting the statement of my position
regarding the kind of church work ac
ceptable in border camps had better
put their property in the names of
their wives.” He intimated that he
might bring libel suits against his
critics.
The controversy started when Gen
eral Funston told Dr. J. B. Gambrell,
representing the Texas Baptist State
board that he did not want men in the
army to be considered as»“lost souls.”
Sewing Sets at Loussac’s.
155
1 EDW. T. McNALLY
WM. MAITLAND
M’Nally & Maitland
Lumber
We oarry a complete stock of common dimension. Fin
ish that is CLEAR and properly kiln-dried.
Should you want something nice for panel work, we have
a stock of genuine wood veneer, beautifully grained
and especially selected for this purpose.
YARD and OFFICE, Foot of G Street.
JUST STARTED-BUT GOING FAST
LABOR TEMPLE BONDS
BEARING 6 PER CENT INTEREST
Redeemable in One to Five Years.
A good investment, a good cause. Help your town
and make money whilst doing so. These securities are
better than money for they are worth more every day you
hold them. A fine Christmas present.
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CALL OR WRITE
CHAS. G. GANTY, Fiscal Agent, or
P. H. RINGSTAD, Secretary
ALASKA LABOR UNION
ANNOUNCEMENT.
The auditorium of the Alaska La
bor Temple may be rented for social
aifairs and entertainment. Make your
bookings now at office in Labor Tem
ple.
Warm, comfortable, homelike sur
roundings; bakery lunches, at the
Morth Pole Bakery. 144
Grand Masquerade Carnival, New
Labor Temple, Saturday Evening, De
cember 30. JSlegant prizes. 165
Xmas Boxes of Best Chocolates at
Loussac’s. 153
Everything is a little better and
tastes better at the North Pole Bak
ery. 144
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