The Chitina leader. [volume] (Chitina, Alaska) 1910-1928, 1915-02-23

| gings, who has been in town for the
past few days, left this morning fol
Mccarthy, where he will wait 4oI
a carload shipment of machinery
which is being shipped him by Har-
mon & Deever of this city. The
shipment contains one HI. & d.
Standard Steam Drillers, which are
being manufactured by them in this
city. Mr.. Sanderson is former
partner of Price & Manley of the
Iditarod district and has been an
active operator in Alaska's placer
mines since the early rush. For
several years he was superintendent
of the drilling operations of Idita-
rods dredging placers which was
done principally with the Keystone
machines. He has also operated in
the. Tanana and Fairbanks district in
this capacity and is an expert driller
and instructor in this method of
prospecting placer ground. In max
ing selection for a heavy Steam
Driller for the Nizina district he
quickly decided upon the purchase
of the H. & D. Standard in place of
Keystone as the H. & d. Standard
contains many new and advantage
Gus features over the old style
Keystone and has given better sue
cess in this class of work. The H.
& D. Standard Steam Driller is an
Alaska manufactured product and
bears the epigraph, Made in
Alaska" 1t has proved decided
improvement over other makes
where heavy gravel drilling is
desired.
w. E. Wilcox, national bank
examiner, vas an arrival on the
train yesterday from the interior.
Just a month ago he left San Fran
cisco to perform his annual duties in
Alaska. He stopped at Juneau and
then came on to Cordova and into
Fairbanks He is now on his return
and expects to reach his point of
start in a little over five weeks. just
a week shorter than he made the
trip a year ago. He will sail south
on the Alameda.
Notwithstanding the reported
quietness in the interior Mr.. Wilcox
reports that he found the First
National Bank of Fairbanks hav-
ing over 100000 in deposits, about
10 per cent of which was held in
reserve The other bank there in
creases the Fairbanks deposits 10
about a million dollars, which is
considerable money for the camp,
which promises to have a greater
output from its quartz properties
this year than it had last year.
Mr.. Wilcox states that he is
familiar with the interests that
have just received a charter for a
national bank at Seward. They are
men of large means and are con-
nected with the Hartman National
Bank, of New York, of which Jos.
w. Hartman is president, and who
is also named as President of the
Seward National Bank. Although
the charter has been granted Mr..
Wilcox states that it does not neces-
sarily follow that the new bank will
Immediately open. He has known
instances where there. has been de-
lay for six months after the charter
has been issued.
At present there are only two
national banks in Alaska, at Juneau
and Fairbanks. All others are man
aged under the territorial laws.
The annual election of officers ot
the Golden Eagle Mining Company
held Saturday night, resulted as
follows: President, H. n. Wilson
ecretary-Treasurer, Abe COPYRIGHT
Directors: ]. V. Lydick, Carl Peter
son, A. ~ Fields, H. N. Wilson
Brady Howard. They have valuable
gold quartz property in the Port
Wells district.
AS a result of two steamers arriv.
ing Sunday the train went out this
morning with about % passengers
| for various interior points, some
going as far as Fairbanks. The
weather was mild and everything il
good condition out the line so thai
the train reached Chitina in good
time this afternoon.
Cordova, February 23
The steamer Alameda arrived
/ from the westward shortly after
O'Clock this afternoon, bringing some
of the court officials and other pas
sengers from Valdez. She is taking
on a cargo of ore this afternoon anG
is scheduled to sail south at 6 O'CLOCK
although there is possibility of he,