THURSDAY. JANUARY JI. ISSI
RAGE THREE
BULL’S EYE NOTES
a
by Sam Mallon
DEPOSITS AT LOCAL BANK
BETTER THAN 49' RECORD
Keep Clean”-Defense Advice
Belgrano also pointed out that in of $151,055,062, and resources of
May of this year, the capital stock $516.803.857.
Figures for the National Bank
of the bank was increased from $4,-
group, consisting of 46 First National
500,000 to $7.500,000 and a dividend statewide banking offices and 15
in stock, consisting of two additional . affiliated banks with 18 offices,
shares for each three shares out­ show that on December 30, 1950.
standing, was declared and distri­ total deposits were $647,140,445,
buted to shareholders. The funds loans $273,533,425, and resources
necessary for this purpose were $700,585,253. This represents an in
transferred from the accumulated crease over December 31, 1949, of
earnings of the bank. A cash divid­ $70,786,325 in deposits, $98,185,727
end of $2.00 per share, which was in loans, and $76,892,647 in re­
being paid on the outstanding stock sources.
prior to the distribution of the stock j On December 31 a year ago, the
dividend, has been continued on all I First National Bank group had
stock presently outstanding. This i total combined deposits of $576,-
action has resulted in a 664,% in­ 354,120, loans of 175,347,698, and re-
crease in the amount of cash divid- t sources of $623,692,606.
ends which are being distributed to J
shareholders.
The Golden Links, Ladies Bible
A year ago, on December 31, 1949, ¡class of the Church of Christ, have
the First National Bank of Portland ( postponed their meeting until furth-
had deposits of $476,427,181, loans er notice is given.
Take it from a renowned health
This month the Central Point
authority:
Junior Rifle Club is making a drive
Grime doesn't pay!
”
Figuies released by R. C. Isaacs,
for new members. The larger the
According to Dr. George Uhl.
manager
of the Central Point branch
head
of
the
L
ob
Angeles
Health
membership of boys between the
of the First National Bank of Port­
Department, there is an important
ages of 2 to 18 inclusive, the more
relationship between high stand-'
land show that on December 30,
ammunition the club can get from
ards of household cleanliness and
1950, deposits Tor the branch
the D. C. M., so come on boys, now
national defense.
amounted to $1,098,855 and loans
is the time to join. All Boy Scouts
“Cleanliness begins at home,"
totaled $510.078.
said Dr Uhl, “and provides one
are urged to join, for in addition to
answer to the oft repeated ques­
A year ago, on December 31, 1949.
the other medals you can also earn
tion: ‘What can I do to help na-!
comparable figures for the branch
your marksmanship merit badge.
tiona) defense?’ ”
were, deposits $788,520 and loans,
We have rifles, so you don’t need
"Keep clean.” he urged.
$321,583
one to join. If you have one though,
“We learned much during the
bring it.
second World War and we have
At the same time, Tie First Na­
continued to improve public health
We have entered two teams in the
tional Bank and its 46 statewide
practices and methods since then
William Randolph Hearst National
banking offices reported total de­
Food handlers, for instance, have
Junior Trophy match, to be shot
posits on December 30, 1950 of
been taught the importance of
during the month of February. It
$525,335,111 loans of $241.624,159,
cleanliness and our public schools
is a two position match, prone and
have stressed courses in health
and resources of $570,746,196.
instruction. Due to a vigorous na­
standing, and each participant will
According to president F. N. Bel-
tional and local health education
receive a brassard, while each mem­
, grano. Jr., these figures represent an
campaign, people are more health
The washing machine is a fa­
ber of the winning teams will win a
increase over December 31, 1949 of
minded today. The great number vorite member of every familv.
trophy. Our two teams will consist
1 $48,907,930 in deposits, $90,569.097 in
It
provides a never-ending supply
of new home washing machines
of five members each and will be
I loans, and $53,942,339 in resources.
now in use in this country are a of clean clothes, and the assurance
good health and that “clean
plus factor in the public health of
chosen by elimination in club com­
Belgrano commented further that
feeling."
In
times
like
these,
the
favor," he said.
petition.
I the bank increased its capital funds
family washer is essential to the
His statement underlines the ac-i health and happiness of the Amer­
from $33.042,322 on December 31,
The December Postal Match did
ceptance of the electric washing ican home.
not bring out any outstanding score.
1949 to $34.988,667 on December 30
machine as essential to the health
As a matter of fact, the team score
of this year. This represents a net
find morale of the American home are dipped in suds every day in
gain in capital funds of $1,946,345
dropped 23 points, which proves to
Around the world, wherever' forty million homes, for cleanli­
there are Americans there is soap ness is a virtue and an old Amer­
the boys that hurrying does not pay'
after paying dividends for the year
and the unrelenting instinct to ican custom
1950 of $1,080,000 and adding $900,-
off. It is better to hold and squeeze,
keep clean. The G.I. takes his bath
These days, clothes like their
watch your breat.iing, and make
:
000
out of earnings to the reserve
in his helmet. The sailor dips him­ wearers must work harder, last
. for possible loan losses. The capital
each shot count. An instructor oi
self in the sea. And Americans longer, and oe ready for emergen­
accounts of the bank now stand at
coach can talk and talk, but it is
at home rely first on the family cies Shortages, higher prices, and
bathtub and then on the family general tightening of supplies of
$7,500,000 capital. $17,500.000 sur­
the actual experience that teaches
washing machine, a tool that is civilian wearing apparel make
plus, and $9,988,667 undivided pro-
the individual over a period ol
fast becoming the nation s bes' clothing economy a must Wash
'
fits, making a total of $34,988,667 in
time tnat the instructor really
morale booster.
ing economy is the only way to
! capital funds.
knows what he is talking about.
Americans spend more time meet this critical situation, and
During the' shooting of a match,
washing than they spend eating. the washing machine is the best
Dishes, faces, elbows and clothes economizer
when the pressure is on and the
tendancy is to hurry and get it over
with, that is the time wnen one of
the great essential lessons in life, St. Mary’s team determined to win. (A) to the tune
Self-Control, is learned. One must The Spartans’ first defeat loomed Central Point
Ashland
carefully exercise self-control ano before them but with good defen- Hogue 9
F
6 Le ml j’
use all of the alloted time in an : sive playing and a gift field goal Henson 5
F
2 Babbitt
(2 points) from St. Mary's guard, Higirrbotham 6 C
honest effort to do it right.
2 Hurbayer
Adults could slow down and use 1 Read, gave the Sparants a colse Peterson 2
C
2 Sutherlin
little more self-control in their daily I decision.
Parent 10
G
2 Carter
lives, and the entire world would I Central Point
St. Mary’s Hill 12
G
7 Putman
benefit.
Hogue 7
F
2 O'Brien
2 Kurr
“SEE YOU FRIDAY AT 7:00 P.M.” Henson 4
F
4 Dugan
Higinbotham 6 C
8 Mishche
Mrs. Iva Mays of Central Point,
Parent 10
G
6 Meunier had a tonsellectomy performed at ,
FIRST NATIONAL BANK of Portland
Hill 0
G
6 Read the Osteopathic hospital on Friday i
JUNIOR HIGH SPORTS
Gift Field Goal
1 Paup Jan. 5th and Mr. John Calkins. P. O.
DECEMBER 30, 1950
1
by Read 2
Box
54,
Central
Point,
had
an
emer-
|
Member Federal Deposit Insurance Corporation
Spartans Win Again
gency appendectomy Sunday night,
RESOURCES
The Spartans “B” team scored an
Jan. 7th.
1
Cash in vault and in Federal Reserve Bank. . $ 65,609,918.92
easy victory over St. Mary’s “B’ Sprians Lose One, Win One—
Due from Banks......................................................
W4,91 8,563,64
team. First quarter score was 12-5;
Spartans “B" teams suffered its
Total Cash ............................................
$1 10,528,482 56
second quarter, 18-7; third quarter, first defeat this basketball season.
United States Government Obligations,
Central Point
24-15; in the fourth quarter, the It was a very tight game, with Ash­
Direct and Fully Guaianteed..........................
152,840,679 31
HOME IMPROVE­
Spartans overwhelmed St. Mary’s land having the eàge at the foul
State, County and Municipal Bonds and
SAW SHOP
MENT LOANS
Warrants ............ ;..............................................
by scoring 18 points to St. Mary’s 4 I line. Score Ashland 20, Central
4*,*34,369 55
Lfberol repayment program.
Other Bonds and Securities.................................
Contom SAW FILING
4,101,616 01
points. Final score—42-19.
Point 19.
No mortgage required
Stock in Federal Reserve Bank.....................
ANI» REPAIR
750,000 00
Line up:
Central Point
Ashland
HOME MORTGAGE
Loans and Discounts............................................ ..
241,674.159.75
St. Mary's Geyer 4
Cfc. tral Point
F
7 Taylor
Mill M huh —llnnrl H mwx . Etc.
Accrued Interest Receivable.................................
LOANS
2,176,340 07
0 Barnwell Brenner 5
F
Tool Grinding
Geyer 14
F
5 Johnson
Up«to-th«mmute information
Bank Promises, Furniture and Fixtures and
I
2 Bobbet McQuade 3
F
on 01, FHA, rtgulor mortgage
Safe Deposit Vaults..........................................•
Brenner 5
5,695,101 40
2 Baker
C
CI/O8KD Í4AT. AFTERNOON
loans.
Other Real Estate owned.....................................
1 Link Lefler 1
3 00
C
McQuade 6
G
2 Sword
Customers* Liability on Accounts of Leiters
6 Paup Harsh 6
G
Phono 111
Lefler 5
G
PERSONAL LOANS
4 Parent P.O. Box 21»
of Credit, Acceptances and Endorsed Bills.
5,131,9(9 71
Central Point, Oregon
3 Cox
G
Convenient terms, repay out of
Harsh 12
Spartans (A) drubbed Ashland
Other Resources.....................................................
556,471 13
income.
Frompt
service.
Substitute—Ashland Thomson 5;
TOTAl 8ESOURCES..............................
£570,746,196 51
T
Murphy 2.
AUTO LOANS
Ask your eu»o deoler, or apply
LIABILITIES
Oregonians have relied
on FIRST NATIONAL for
every banking service
Automobile
Liability
ANNOUNCEMENT—
Central Point Spartans vs. Eagle
Point Eagles at the High School
gym, 7 and 8 P.M., Monday, January
15. Come and support your team.
A good night's entertainment at a
minimum cost—Adults, 25c—Stud­
ents, 10c.
at any Frit Notional bonking
office.
CHECKING
ANO
Fire Insurance
LELAND CLARK
SPARTANS WIN AGAIN—
Phone 2-4646
A easy victory seemed to be in
sight for the Spartans (A) as they
led 20-12 at the end of the first
half.
The second half began with the
7 N. Bartlett
MesICord. Oregon
• Nhipping
•
Storace
EADS
18 S. Fir. Medford.
LAWRENCE’S
Ph. 2-7121
i
MEDFORD ROLLER RINK
Remember The Lawrence
COMPLETE AUTO REPAIR
Watch Repairing
SUN. It WED. NIGHTS
7:30 to 10:30 P.M.
AUTO BODY AND FENDER
REPAIRING & PAINTING
Gas and Arc Welding
Lawrence* a Jewelry
FRIDAY tt SAT. NIGHTS
7:30 to 11:00 P.M.
GILKEY’S
GARAGE
130 E. Main
TOW CAR SERVICE
Day and Night
Medford
Reputation for Expert
Accounti or
Coi» Check-
oddrass im-
regular per
SAVINGS
M rd Torci. On-gon
ROLLER SKATING
Medford Armory
3rd & Oalc
eCnlral Point
Regular Checking
»he popular Low
plan. Nome and
printed free on
ionol checks.
• I’m-ktnic
• (rating
Now earn 1 ’/,% up to ond in­
cluding $10 000 00, 1% over
$10.000 00
TRUST AND
INVESTMENT
MANAGEMENT
SERVICES
SAFE DEPOSIT BOXES
$ 34,988,667.92
may develop In the future) it hat not been
ottorated to any partieulor looni or type of
loant. (Etfablithed from earntngt - Janu­
ary I, 1949, through December 50. '950)
¡Demand , ........................................
.
.
...
Savings and Tim«
Liability for letters of Ciedit and as Acceptor
Endorser or Maker of Acreptanres ond
1 705 331 33
•
535,555,11160
Reserve for Interest, Taxes, Etc..........................
Other Liabilities............................ .. .....................
TOTAl LIABILITIES
..........................
570,746 19*51
MONEY ORDERS
In addition to it* 46 tlale-wide banking office», 15 affiliated
banks with 18 offices are members of th«
First National Bank Group
DEPOSITS
.
TRAVELERS CHEQUES
The First National Bonk of Fortland and 46 Offices .
18 other Oregon Banking Offices in the First Notional Group
$525,335,1 1 1 60
121,805,334 25
All Typet of
Business and
Commercial Loans
IOANS ANO DISCOUNTS
Th« First Natlonol Bonk of Forflond ond 46 Oflicai
II other Oregon Sonkin, Offices In tho First Noflonol Group
$741.624,159 75
51,909,265 47
OPEN 10 ta S
iHCiuotNO Mrunoar
TOTAl (ESOUtCES
Valuables and important pa
peri protected for little more
then a penny a doy.
$647,140 445 85
$275.555.475 2?
Phone 1461
COFFEE CUP CAFE
Dr. Paul T. Rutter
IÍFJ (UHO
OBfOON tOCftHM *
WE HAVE BEEN RIGHT HERE FOR SEVERAL YEARS!
OPEN 7 A.M. to 8 P.M.
Our Friends Keep Coming Back for Good Eats
and Friendly Service!
OSTEOPATHIC
PHYSICIAN & SURGEON
Phone Rogue River 296 *
Hiway 99
Gold Hill, Oregon
Tho First Notional Bonk of Portion* ond 46 Offices...........
II other Oregon Bonking Offices in the First Notionol Group
$570 746,196 51
129,(19 057,10
TOTAl IISOUBCIS of the 64 BANKING OFFICES in the
FIBST NATIONAL GIO UP
..................................................
1700.5(5 257 *1
FIRST NATIONAL BANK OF PORTLAND
OSTEOPATHIC MEDICINE
OBSTETRICS — SURGERY
HELEN V. RUTTER. R-N.
In Attendance
(1—)
THESE ARE THE 64 BANKING OFFICES IN THE FIRST NATIONAL BANK GROUP
Office hour«: 10-12 a.m. and
2-5 p.m. Daily except Thurt-
dey and Saturday afternoon»
MVSS4 MANCH
OAKSIOCI MANCH
OMGON CITr MANCH
MNOIITON MANCH
IA1IM MANCH
SHUMAN COUNTT MANCH
STATION MANCH
TH« OAUiS MANCH
TlllAMOOa MANCH
UNION MANCH
WOOOOU«N MA» CH
Ralph McGonagle
PLUMBING
Installation and
Repair
PHONE IO kx I
3S1 N. Second — Central Point
Total Capital Fundi............................
(•»•rvo for ponible loan Io,Mt. Tbit rotorvo
it to apply againtl any loan lottnt That
Foreign Bills
................................................
Interest Received in Advance............................
Ask any officer of this bonk for
defaih.
Sunday Afternoon—2 io 5 P.M.
Hiostitte 1-nntrw
Appointment
Phone 2-7238 Medford
Capltel....................................................................... I $ 7,500 000 00
Surplus...................................................................... 17,500 000 00
Undivided Frofitr...................................................
9,986,66/,97
i
1
• •