There are now two banks in Dawson--the Bank of British North America and the Canadian Bank of Commerce. In the early days of August the first of these was still housed in a tent, and before the end of the month a stately wooden structure with flagstaff, and with commodious quarters for the representing officers and accountants, gave dignity to the institution, while it lent style to the corner upon which it was erected. Adjoining it now is the architecturally most imposing but by no means largest building in Dawson--the three-storied, bow-windowed log cabin of Alexander McDonald, the recognized "King of the Klondike"--intended primarily as an office building. It is a truly fine expression of the art of log-cabin building. In many ways one of the most interesting buildings, if such it can be called, was the air space, with canvas top, which adjoined one of the theaters and was used by Signor Gandolfo for a fruit store. There was no architectural quality to commend this space; nor, indeed, was there anything else in its favor, except that it was in the right place and brought both lessor and lessee fortunes. For the privileges of this space of five feet width the occupant paid the handsome rental of one hundred and twenty dollars a month, or twenty-four dollars per single foot of frontage; his profits were, however, such as to justify this payment, and before leaving he confided to me his plan of renting one half of the establishment. Conceive of the character of a store five feet wide, the opposite sides of which are devoted to quite distinct interests! Other sites rent for very little less, and the singular part of it is that much of the rental goes to the pockets of certain assumed owners, whose actual rights are largely in the nature of a "grab" or of squatter sovereignty alone. [Illustration: ARRIVAL OF THE "SUSIE" FROM "DOWN THE RIVER."]