Ford’s Profit Now Fig
ured at $1,000 a Minute
New York.—Toying with the recent
ly announced figures of the Ford Mon r
Company's income and expenditures
for the four months between February
28 and June 30, 1923, Wall street sta
tisticians today discovered the com
pany's net earnings to be $56,616 hour
ly, or nearly 51,000 a minute.
Announcement that the Fork firm
toad just purchased 400 000 feet of
standiog timber, 5.000.000 to 6,000.000
feet of logs and 20,000,000 feet of lum
ber in four counties of Upper Michigan
for many millions of dollars impelled
those with a statistical turn of mind to
do some figuring.
They found that Ford profits are roll
ing in faster than they can roll out in
the form of new enterprises. Although
the net profit per car has dropped in
the last year, the output of cars has
Fresh Killed
Reindeer
Meat
At Tokotna
and Ophir
30c Lb.
By Carcass or Side,
at N. C. Co.
Send Orders to
A. H. Twitchell
Ophir, Alaska
been so vastly increased that this re
duction in per cur protit has been more
than eoui|>ensaied for by the increased
volume of sales.
In the four months ended iune 30.
1923, the Ford Motor Company earned
$54,351,060 net, ufier expenses «. /. The
Hyu.es made public mereiy 6tiow that
growth in surplus between the two
dates. All of it belong to Ford aDd
his family.
The sum is equivalent to $13,587,890
monthly, nearly $3,500,000 weekly, and
about $452,930 aily, counting Sundays,
but allowing eight hours per day.
McGrath Entertain
ment a Big Success
Advices received here say that the
Christmas entertainment, given ut Mc
Grath' was a great success and thor
oughly enjoyed »>y all present- Pres
ents were distributed lor ail by Santa
Claus from a large and brilliant
Christmas tree. .Lunch was served and
dancing continued until the wee hours
of the morning.
The following; program was ren
dered :
Opening address, W. T. Vanderpool.
Song. “America,” by the children.
Recitation, “The Stocking’s Christ
mas,” Dora Werner.
Recitation, “Mv Letter,” Robert
Vanderpool.
Song, “Snowbakes,” children.
Recitation, “Ready for Christmas,”
Woodrow vanaer[*)oi.
Dialogue, “Buying Eggs,” Helen
Koenig, Dora Werner, Harry Dulak.
Recitation, “What I Like,' Avis
Vanderpool.
Song, “Christmas Time.” children.
Recitation , “A Lillie Girl’s Plan,”
Margaret Exact),
Recitation. "The Sunny Side,” Helen
Koenig.
Recitation, “A Fat Turkey,” Edward
Koenig.
Dialogue, “A Christmas Joke,” bv
Frieda Koenig, Dora Werner, Alexie
Dulak.
Recitation, “Xly Stomach,” Harry
Dulak.
Reading, by Mrs. Bristol.
Closing address. Dora Werner.
Statement of the Condition of the
Miners & Merchants Bank of Iditarod, Alaska,
At the clote of business November 14, 1923.
Resources.
Liabilities.
Loans .
Overdrafts
Cash.
Bonds.
Bullion on hand
Building
Fixtures.
Total.
$14
2.).
86
•>
1
300 00
51 22
018 12
326 20
179.27
0(H) O0
000.00
Capital stock
Surplus
Undivided profits
Deposits.
Due to banks
Total
$ 25.000.00
5.000.00
2 842 04
132.559 13
m 64
$165,874.81
*105.874.81
I, Lee T. Pence, Cashier of the above-named hank, dn solemnly swear
that the above statement is true to the best of my knowledge anil belief.
Lee 1’. Pence, Cashier.
United States of America, )
Territory of Alaska f H3‘
Subscribed to and sworn to before me this 17th day of November, 1923.
Geo W. Albrecht.
[Seal] Notary Public in and for the Territory of Alaska.
Mv commission expires June 8. 1927.
BATHS
At Reasonable Hours
Mrs. Robert E. Lowrie
Predicts End of Ocean
Travel Within 7 Years
—
New York.—The proudest queens of
the seas will be obsolete in seven to ten
years, and trans-oceau passengers a
decade hence will travel almost exclus
ively hv airliner, Eddie V. Uickeu
baclter, American ace of the world
war, deciared Friday as he returned on
the Majestic from a tour of battle
zones, where he won his spurs.
“in twenty years the United States
will dominate the commerce of the
air,’’he.predicted, commenting on the
recent purchase of the T'redericks
tiaveu Zeppelin works by the Goodyear
interests.
tie described three tyves of aircraft
that would figure most prominently m
awiation development in the uext ten
years:
“There will be small, cheap aero
planes,” he said, “as commonly used as
a certain small, cheap automobile of
today. Then there will be fleets of
large dirigibles crossing the ocean in
two days, and voyaging around the
world. Third, there will lie thousands
of heavier-than-air feeders or aeroplane
lenders, to unload and load the dirigi
bles of their human and special car
goes.” _ _ ^
Bill lloarer hue a tremendously loud
voice. One cold morning he walked
into the village hotel and “homed out:
‘•Good morning, landlord! How are
you?”
“Very well,” came the reply. “How
are you?”
l,Oh, I'm about frozen—I can hardly
talk!”
Just then a nervous Traveler, who
was present, ran up to the laudlord,
exclaiming:
“Flease have inv horse brought;
round as soon as possible.”
“Why: whal’-s the matter?” asked
the landlord,
"Nothing. Only I want to get away
before that man thaws!”—Atlanta
Journal.
All messages to aod from the Stales
have been subject to indefinite delay,
due to one cable being out of commis
sion. The delay s still in force.
Charlie Koenig, who arrived yester
day, returned to McGrath today.
Vic Nystrom was a Sunday arrival,
returning Monday to McGrath.
Joe Ferris, of Ophir, was here during
the Christmas doings.
John Savola returned Sunday from a
trip to Ophir.
Bob Hart returned Sunday to Mc
Grath
GULLIKSON
HOUSE
Tokotna
First Class in Every
Resoect!
Private rooms, with spring beds.I
Good Meals Served
for $1.00
Bath room, with saoitary toilet.
Pure well water.
Good, clean dog house.
Miss Grace Anderson and Miss Helen
Becboo were Christmas day quests of
Mrs. Leon G. Loomis, both ladies at
tending the fonciiun. at the Larson
House that evening and returning to
McGrath on Wednesday.
AlGoslow. Dan .VJcGinty and Charlie !
O' Halloran have acquired a lease on
No. 2 below, EagIe creek, from'Strand
&• Clough, according to word lately re
ceived here.
Pete Michels, after a day's visijt here,
returned Thursday to M.iGrath.
W. J. Widman. who arrived Wed
nesday, left Thursday for Ophir.
Joljn fl^po, who arrived Monday, re
turned yesterday to'Ophir.
Tokotna Radio Station Schedule.
Following is the schedule now ob
served by the Tokotna radio station:
WEEK DAYS.
9:45 a. m.— Receive from Anchorage.
11:0(1 a. m.—Send and receive lditarod. 1
11:30 a. in.—Receive from Anchor-aye.
2:00 p. tn.— Receive froth Fairbanks.
2:30 p. nri.—Receive from Anchorage.
4.00 p. m —Send arid receive lditarod.
4:30 p. m --Receive from Anchorage,
SUNDAYS.
9:45 a. m. Receive from Anchorage.
11:00 a. oi -Send and receive lditarod.
4:00 p. m —Send and receive lditarod.
4:30 p. m. — Receive from Anchorage.
•
Freighting
To All Parts or Any
Place. _
Reasonable Rates
JOHN.HEINO
Notice of Forfeiture.
To Leonard Dodge. b\ Smith, Harvey
Wenia R. H. Gaffe, or R. H. Grif
fiths, and T. J. Coffey, their per
snnal representatives, heirs and as
signs: ♦
You and each of you are hereby noti
fied that the undersigned has expended
for annual labor one hundred dollars *
(tlOO.Ml) per year for the .years 1915, f'
l»lt>. 1917, 1920, 1921. 1922, upon the
following described mining claim, in
Ruby recording district, Territory of
Alaska: The Sandbag Association
Claim, on Greenstone creek, a tribu
tary of Long creek, in order to holt
said claim under the provisions of law'
respecting annual labor upon iniaini
claims. «
And if within ninety (90) days after
the publication of this notice you, or
anv of you, fail to pay your portion of
the amount expended on the above
claim, your interest in said claim will
become forfeited to the undersigned co
owner. according to the provisions of
Section 2224 Revised Statutes d»f the
United States. i
I)an Suthehlattl.
Date of first, publication, Sepi. 22 1923.
Date of tinal publication, Dec. 29 1023
CHARLIE’S !
LAUNDRY J
McGrath .
A Bath in a Real
Bath Tub
Shoe Repairing
Sign Writing
Paperhanging
CHARLES REBHUN
The Handy Man |
NORTHERN COMMERCIAL CO.
Of ALASKA
Stores at McGrath and Tac’otna
A Happy New Year
To All Friends and Patrons .
Our Stores will be closed on
December 30th and December 31st,
both Tokotna and McGrath.
100-GAL. TANK GASOLINE, $55.00 .
At Our McGrath Store