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McGRATH, ALASKA. FEB. 8. 1922
Oil Pouring Millions
Into Safe of John D.
New York.—Ten years have added
from one source—oil—approximately
$678,000.000 to the Rockefeller fortune,
it is estimated by Wall Street statisti
cians, prompted by the recent pro
nounced rise in the value of all Stand
ard Oil securities to figure the value of
various units of the Standard Oil Com
pany compared with December 15, 1911.
or shortly before the inauguration of
independent operations.
Since the dissolution decree of the
United States Supreme Court, it de
velops. stock of companies that com
posed the original Standard Oil Com
pany have appreciated $2.36 1.000.000 ;n
market Value and now are figured at
•2,895,000,000.
At the time of the dissolution of the
company the Rockefeller family owned
30 per cent of the stock. Hence, since
dissolution, there has been a theoret
ical increase of $078,000,000 in the
Rockefeller fortune, considering hold
ings of Standard Oil shares alone.
Ed Laherty, Old-Timer,
Meets Sad Misfortune
Ed Lahertv, old-timer of the interior,
and who about 1908 operated a sawmill
oo the Innoko, was overtaken by mis
fortune a few weeks ago, uear Anchor
age, when he was badly frozen. One
leg below the knee, part of the ether
foot, and botli hands were amputated,
leaving him in a sad condition. Ha is
still in Anchorage Hospital.
Max Simel
TheiPioneer Trader
Furs Bought and
Sold
Miners’, Prospectors’
and Trappers’
Supplies
Steamer Service On the^Inoka
. River.
Ask the People of Ophir about us.
STATION
Fairview, Innoko River
Telegraphic Ticks?
Santiago. — The Chilean cabinet,
headed by Ismael Tocornal, resigned j
todat.
Washington.—Brigadier General F.
W. Siaden received appointment today
as commandant of West Point Military
Academy.
Washington.—The bill appropriating
$377,000,000 for the World War Vet
erans Bureau and $100,000,000 for the
Shipping Board passed the House last
evening.
Seattle.—Arthur Lewis, manager of
the Great Western Smelter and Refin
ing Company, of Chicago, committed
suicide here today, sending a buliet
through his heart. Cause not known. I
Washington. — The Senate amend
ments to the Allied debt refunding bill
were accepted today by the House.
The measure now goes to the Presi
dent, who is exjiect to appoint soon the
commission which is to open negotia
tions with debtor nations.
Seattle.—To take up his duties as
Government representative of the
United States Veterans Bureau in the
Territory of Alaska, Clifford Wood,
special contract officer of the lied Cross
Yeteraos Bureau, left today for Alaska,
being a passenger on the Northwest- *
ern.
Reduced Rates Promised Nome.
Seattle. — The Alaska Steamship
Company, answering many inquiries,
has promised Nome mining operators a
reduction io freight rates during the
coming season on dredge material,
coal, distillate and lumber. The re
ductions will apply to aM Seward pe
ninsula points.
Liquors in Bonded Warehouses.
Washington. — Intoxicating liquors
stored in Government bonded ware
houses cannot be withdrawn by owners
fou their personal use, according to a
decision hauded down today by the Su- *
preme Court, following which the
court took a recess till February 27. j
Fast Time Yokohama to Victoria
Victoria.—The American Shipping
Board liner Tine Tree State arrived
here today, after having made the run
from Yokohama in eight days nineteen
hours.
N. C. Headquarters Leave ’Frisco
The Northern Commercial Company
of Alaska will move its general head
quarters from San Francisco to Seattle
on March 1 The San Francisco Chron
icle, commenting upon the loss of the
company to thateity, says:
“It is enough to set any San Fran
ciscan beyond 40 to thiokidg. The
successor to the old Alaska Cooamer- i
cial Company going out of business!
What memories it recalls. The old
company, with Louis Sloss as presi
dent, and the Sloss and Gerstle inter
ests in charge, organized away back in
the nineties, with what visions of trade
for San Francisco! More than a score
of years finds the successor of that or
gaoization retiring in favor of a new
concern, with the San Faancisco inter
ests omitted, and intending to make
Seattle its headquarters after the 1st of
March.
‘‘Ask men high up in trade manage
ment here why it happens now that
Seattle has the bulk of Alaskan trade
and they will attribute the fact to her
geographical position. But there are
those who think that if San Francisco
had provided steamships there would
have been a different tale to tell.
Maybe not. But it is a case in point.
Are we inept?”
ESEESDS3BE9HB
Rough and Dressed Lum
ber of All Kinds
0 LUMBER CO.
GEO. HOFFMAN
Napamute, Alaska
am
Pioneer Trader of the Kuskokwim
Valley
GOOD STOCK PRICES RIGHT
pioneer pool room
McGrath’s Popular Resofcl
Dave E. Clough - - Prop, i
_ ___ i
ALASKA RIVERS NAVIGATION
COMPANY
Operating Light Draught Steamers
On the Kuskokwim.
Gapt Wallace Langley, [Manager.
DIRECT SERVICE
Seattle to Kuskokwim River
JVia Inside Passage
JVL S. “Anvil”
Freight and Passengers. Leaves Seattle May 10.
Leaves Kuskokwim River, June 5th.
M. V. “Ruby”
fi^reigtitonly (including explosives).
Leaves Seattle, May 1st.
Sailings subject to-change without notice. ,
For Rates and Accommodations apply to
Kuskokwim Fishing & ’Transportation Co.
~7 Colman Dock, Seattle, Wash.