The Daily Alaska empire., 1928-11-28
SITUATION IN
 ALASKA GOOD,
 STATES PARKS
Governors Annual Report to Secretary of Interior
 Is Made Public
CONDITIONS NOT BAD UNDER CIRCUMSTANCES
Decline in Fisheries and Mineral Products for
 Past Year Noted


 
 ''In view of an unexpected de- cline in the production of the sal mon fisheries, the industrial con- ditions and the economic situation in Alaska were in general as sat isfactory as could be expected dur ing the year which closed June 30, 192S,s declared Gov. George A Parks in his annual report to the Interior Department which was made public today by Secretary Roy O. West. Labor, he noted was well employed and there were no widespread epidemics.
 The Governors report is com- prehensive in scope and takes uI in detail the Territorys indus tries, social, economic and health conditions. A feature of former reports, a map of the Territory containing valuable data, is un- fortunately lacking in the current one.
 Investments Increase
 In his introduction to the re- port, in which there is an excel lent standardization of local condi. tions, the Governor said in part,
 "The revenues derived from tht major industries declined, but tho capital investment and number o persons employed in them increas. ed.
 "The balance in the Territorial Treasury at the close of business of December 31, 1927, was $772,. 05S.59; this is the largest closing balance for any year within the past decade, treasury receipts from all sources exceeding ex. penditures by more than $150,000
 'The Territorial and Nationa banks in the Territory show com. bine1 resources as follows: Capi tai, $915,00O, Surplus and Undi. yided Profits, $S20,250; Deposits $12,196,5G0; as compared with the following figures for the previous year: Capital $S40,000; Surplus and Undivided Profits, $687,500; Deposits, $12,130,000."
 Importance of Fishing
 The importance of prosperity il fishing and mining industries ar, stressed by the Governor in a sig nificant paragraph in which h. declared:
 "The principal industries il Alaska, if classified according tt capital investmeht and value o products, are fishing and mining Consequently, when there is a de cline in the quantity of the pro duction of the fisheries or in tn, value of the mineral output it il reflected in the economic condi tions in the fishing or mining dis tricts. The statistics for the ifs cal year which ended June 30 1928, show that there was an un usual decline in the output of botl of these industries and the effec was apparent in nearly every sec tion of the Territory.
 Loss In Commerce
 The Customs records disclos decrease of $26,O55,973 in tn shipments from Alaska to tn United States, and an increase o $1,332,554 in the value of ship ments to the Territory. The to tai commerce, foreign and domes tic, is valued at $S7 ,517; thi is s24,723.419 or 22.O5 per cen less than that of 1927 whic amounted to $112,0SO, ,936. Never theless, the balance of trade i favor of Alaska, was $20,566, ,60I The exports were valued at $53 962, 2,O61 as compared with $SO,01S 034 for 1927, while the import were reported to be $33,395, 456 i 1928 and $32,062, 1902 in 1927. Tn sharp decline in exports is at counted for by the falling off i the production of salmon fisherie! and to a less extent. by the dc crease in the mineral output" Uphoids Fisheries Policy
 Gcv. Parks upholds the policie of the U. s. Bureau of Fisherie! which he declared. give promis of maintaining a perpetual suppl of salmon for the canning indus try, etc. He points out that tn 1926 season was the most produs tive since 1918 and that the 192 season was disappointment Early in the season." he added 'it was apparent that, the salmo run would be much less than wa