The Cordova daily times., 1923-02-26

has issued his annual report, under date of February 10, copy of which was received on the last boat. Ex- cerpts from it follow:
 Like a ship fighting itself after terrible gale, so Alaska during 1922, has demonstrated her ability to wea- ther the most severe industrial re- verses, and to continue to pour her wealth into the lap of the world.
 In this report, which has been con- piled from the records of this office Washington, at the earnest sol1clta- tion of shipping and commercial 1n- terests, it will be noted that practi- cally all industries show healthy growth The year 1922 closed with an increase in the commerce of the Territory over 1921 of $20,7S0, ,401. Exports from the Territory more than doubled the imports, leaving the bal ance of trade in Alaska's favor by
 
 The outstanding increase in value of shipments to the United states is shown in canned salmon, both as to the number of pounds and value. This was due to the revival of the salmon canning industry, as well as a more nearly normal run of salmon in Alaska. An increase also worthy of note, because of its rapid growth, is that of pick1ed fish, represented primarily by the herring industry. A number of large herring salteries were installed during 1922 in south west Alaska, and these were kept running until late in the fall to meet the demands for this sea food.
 When the sum of these two items is added to the total shipments from Alaska to the United States the re- sulting value of products is $59225,- 79O.
 In spite of serious gold mining re verses experienced in Alaska during the past few years, the mineral output of the Territory for 1922 was approximately eighteen million dol lars. This increase was primarily due to a larger output of copper, yet it reflects in some measure the i'm provement of the entire mineral in- dustry. Pre-war figures can only be considered in comparisons, and for the five years ending in 1914 the average annual value of Alaska's min eral output was $19,700,O00; so, con- pared in values, Alaskas mineral output in 1922 is most encouraging for a revival of this industry.
 The canned clam industry which was somewhat dormant during 1920 2l, took on a new life in 1922, and the outlook for larger pack in 1923 is good. With shipments az gregating $144,471, the shrimp indus try is showing a steady growth. The increased demand for this sea food speaks well for Alaska shrimp.
 The shipment of sawed lumber from Alaska to the United States, and also for export to foreign coun- tries, is most gratifying. During 1922 shipments of lumber were loaded di- rect in vessel for export trade. A number of mills are reported to be under contract for similar shipments during 1923.
 The development of the pulp in- dustry, predicted in last years re- port, materialized during the latter part of 1922. While only one pulp mill developed to shipping stage, yet the product found ready markets in the States. It is understood a number of pulp and paper mills in the States are negotiating with the U. s. Forestry Service for pulp tim Der area, and it is confidently ex- pected this industry will be firmly established in the Territory within short time.
 The possibility of increased oil development in Alaska is most prom ising at the close of 1922. The oil wells of the Katalla fields have con- tinued to produce steadily during 1922, and their refined product found ready markets within the Territory Production form this field, however, has not yet reached the exporting stage. A new oil field, however, is now under development in the Cold Bay district. The Standard and As sociate oil companies have drilling outfits in this new field, and the re- suit of their drilling will undoubtedly he determined early this year.
 The increased production of gold in the Fourth Division of Alaska re- fleets the value of cheaper trans .,o,+o+io~ +o yJooor mi owar