ALASKA INDUSTRIES. 535 



AUTHENTIC STATEMENT OF VALUE OP SEALING- PLANT ON THE 



PRIBILOV ISLANDS. 



Items of the summary of the cash settlement made hy the Alaska Commercial Company with 

 tlie North American Commercial Company, sujned and dated on St. Paul Island, PrlMlov 

 Group, May 24, 1890, in accordance with a mnfuaJ agreement made March 12, 1890, at 

 Washinyton, D. C, in the United States Treasury Department, hy which the full transfer 

 of the entire sealing jjlant of the old leasees to the undivided possession of the new lessees 

 was amicably effected. 



The Alaska Commercial Company was represented by Mr. Neumann, and the North 

 American Commercial Company by Mr. Tingle, and I acted as umpire, as per your 

 iustructions, bearing date the 16th April, 1890. We arrived at St. Paul Island on 

 the 21st May, and immediately commenced to take stock. After several days' labor 

 the business was well in hand, and we proceeded to St. George Island, per steamer 

 Dora, and made a complete inspection and inventory of all the property there belong- 

 ing to the Alaska Commercial Company. After our return to St. Paul there was one 

 difference referred to me, and satisfactorily adjusted; then the entire business was 

 settled by the representatives of their respective companies. 



(L'cport of Charles J. doff. United States Treasury agent, July 31, 1890.) 



(Copy of the duplicate copy of original summary.) 



Recapitulation of merchandise and property transferred hy the Alaska Commercial Com- 

 pany to the North American Commercial Company, in accordance with the agreement of 

 March 12, 1890. 



At St. Paul Island : 



Merchandise $14,180.61 



Cash 939.90 



Tools and implements 2, 008. 79 



Household furniture 3, 098. 27 



School books, desks, and bells 2.57. 00 



Boats, bidarrahs, and steam launch 2, 570. 00 



Live stock 1,395.00 



Buildings, improvements, and telephone 40, 855. 00 



$65, 304. 57 



At St. George Island : 



Merchandise 7,909.68 



Cash 941. ,50 



Tools and implements - 505. 84 



Household furniture 1, 007. 12 



Boats and bidarrahs 750. 00 



Live stock .562.00 



Buildings and improvements 14, 255. 00 



25,931.14 



Grand total 91,235.71 



LIABILITIES. 



Due to natives and others at St. Paul 11, 733. 70 



Bank account of natives 12, 123. 93 



Due natives and others at St. George 6, 979. 54 



30,837.17 



Net balance due Alaska Commercial Company 60, 398. 54 



[.SEAL.] Rudolph Neumann, 



[SEAL.] Geo. R. Tingle, 



[seal.] Charles J. Goff, 



Arbitrators. 



The above cash settlement shows that the entire sealing plant of the 

 Alaska Commercial Company, such as buildings, tools, live stock, boats, 

 household furniture, and improvements, was sold to the new lessees for 

 $67,264.02. This was its full cash value. 



