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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 6, 1943)
KPGA DIVIDEND TO BE PI AT ANNUAL MEET Membera of the Klamath Pro duction Credit association will receive checks for a 4 per cent dividend on their capital stock When tho association holds its annual meeting at Klamath Falls on January 25, 1943, Sec retary-Treasurer Lee S. McMul' len announced this week. The same rate of dividend is being paid on both class A (pre ferred) and class B stock, and mounts to total of $9914. All of the class B, or voting, stock of the association is owned by the association's bor rowers, who suoscribe to it at the rate equal to 5 per cent of their borrowings, bulk of the class A stock is held by the Production Credit corporation of Spokane, a unit of tne i arm Credit administration, wlucn subscribed the original capital wnen the association was or ganized. Reserves Built Up At the end of 1942 members' Investment In their association was $1U0,205, or 40 per cent of the total capitalization of the or ganization. Production Credit corporation investment now is $147,650, $102,359 having been repaid some time ago. Under Production Credit reg ulations, McMullen explainea, dividends could not be paid un til certain reserves had been built up. These reserves now to tal $179,000, or 72 per cent of the capitalization of the associa tion. Since it was organized in 1934, the Klamath- Production Credit association has loaned $16,765,000 to farmers and stockmen in Kuunath and Lane counties, Oregon, and Modoc and' Siskiyou counties, Califor nia. Government Participates In 1942 it loaned $2,280,000, of which $645,782 was outstand ing on December 31. During its ignt years of operation, the as sociation has suffered losses amounting to less than 120 ot J per cent of the money loaned. "With this dividend payment, the government, through the Production Credit corporation's investment in our class A stock, ; participates with our members in the association s earnings, McMullen explained. "We do not, however, lend government money," he pointed out. "Our loan lunds are ob tained from the Federal Inter mediate Credit bank of Spokane, which, in turn, sells its deben tures to the investing public. These debentures are not guar anteed by the government, either as to principal or inter est. ' "Through, this access to the money markets of the nation, we have been able to maintain interest rates that have never exceeded 514 per cent in eight years, and are now only 4tt per cent. By the payment of a divi dend, the cost of credit to the farmer is further reduced.'' - Directors of the association are William Kittredge, Klamath galls, . president; E. M. Ham mond, Merrill, vice president; A. R. Campbell, Ed A. Geary and Lee Holliday, all of Klam ath Falls. ' ' SALEM, Jan. 6 (fl3) Governor Charles A. Sprague announced Tuesday that he has dissolved the state defense council, the state advisory council of the employ ment service, and agricultural committee of the employment service, and the Oregon eco nomic council. He said he took the action so that Governor-elect Earl Snell, who will succeed Sprague next Monday, may be free to choose his own organizations to suc ceed those .which were dis solved. The governor asked, however, that the executive heads of the civilian defense organization continue to serve. These include Ross Mclntyre, chairman of the evacuation committee; Mrs. H. D. Peterson, head of the wom en's division; Mrs. E. W.' St. Pierre, director of civilian war services, and Mrs. C. W. Hay hurst, head of the consumer's interest division. These &eaut'Ju( H are Working Keep bury handi loft, smooth, VA of Chamberlain' Lotion. Clear,, golden, and delicately cented with orange bloMomt, , Chamberlain'- Lotion li helping to keep hands In condition (or the work to b done and beautiful) too. ' r L Buy U all Toilti Goofa fj m L 0 ermins T I 0 N iiPiBSIlflil By ANITA GWYM When we Journeyed back to school after the holidays, we no ticed that the floors had had a new coat of pol ish and - were very shiny and slippery. Some students forgot to stay in sec ond and did a little fancy work i y falling to the floor. fSSi. gvaia New faces look a bit bewilder ed. There are quite a few stu dents transferring here for the new semester. Although we don't know all of your names, we welcome you and hope you soon feel right at home. Pelicana won't be on the air for several weeks, until the new semester students have been or ganized. . Thm Pnitrntw will eneaffe the team from Richmond in a bas ketball game this Friday and Saturday evenings. There will be a DeMolay dance after the game, from 10 to 12 o dock. Every so often something new in the way of war work comes up to the students. This time it is a review of what the high school has done and will be ta ken care of by the Klamath Knights. The review consists of a scrapbook which will have pic tures of KUHS war activities under the title of "Schools at War, a Report to the Nation." Every school that enters the Schools at War program submits a scrapbook and will receive a Certificate of Service signed by the secretary of the treasury, if there is a system of purchasing war stamps and bonds by the stu dents and teachers. To every state and territory where the schools enlist in this program and hold a state ex hibit, the war savings staff of the U. S. treasury department will present a "Liberty Brick." These are original bricks from the In dependence hall in Philadelphia and are mounted in beautiful cases. At each state exhibit, the governor, as honorary chairman of the state war savings commit tee, will be asked to present the "Liberty Brick" to the schools of the state in recognition of their war services. After a tour of the schools in the state, the "Liberty Brick" award will be returned to the state capitol for permanent display. SAFE ICE SKATING If and when there Is any ice skating, the city park board will probably see to it that "fig ure 8" enthusiasts have a safe place to enjoy the sport, it was learned at a brief meeting of the park board Tuesday afternoon. Warnings against using Upper Klamath lake for skating pur poses were issued in December by Recreation Officer Dave Bridge. In the meantime, condi tions have not been favorable for skating but If freezing weather hits this ara, skaters may have to be content to use the moorage developed across from Moore park. ICE CREAM CUT , WASHINGTON, Jan. UP) The war production board has limited January production on ice cream, to 50 per cent of the amount each manufacturer made last October. Night traffic accidents In New York City Increased 19 per cent under present dimout regula tions. HEMORRHOIDS (Piles) Hernia (Rupture), Fissure or Fistula Such disorder! Impair your health Uieitnoy anilng powar. For 30 yai wo bar aoeoiifnlly Iroatod thoa asda of pooplo for thute all mstntj. No Eoaolfal ooora- Hon. No confinement. No lota of tlmo iron work. Call for oxamiaatloa or sand for TREE dosoriptlTo Booklet. Open fvtnfnoi, Mon.,Wd., Frt, 7 to BtSO Dr. C.J. DEAN CLINIC Phytlclan mnd Surgmoa If. X Cor. X. Barn aid and Grand At. Telephone EAet 3918, Portland, Orecjott Hand; and lovely with the aid Counter M ands W Girl Athlete Knocks Her Man Cold; Cinches It TACOMA, Wash., Jan. (IP) Last summer the Seattle all star girls' softball team in vaded McChord field air base for a game with the air corps team. Pretty Miss Virginia Heat on, first baseman for the visit ors, knocked Corp. Alfred Suggs, of Mt Vernon, Tex., her rival first baseman, flat on his face in a close play at first base, and now she's got hlra cold. They talked things over aft er the collision in fact they talked it over for weeks after wards and Tuesday they an nounced their marriage. E- The Junior chamber of com merce is sponsoring distribution of "Sammy canes," which are standards to be used in indicat ing directions. "Just place Sammy's cane in a conspicuous . place in your yard," said a junior chamber bulletin. 'Then, before you plan to drive out, drop the flag into the slot on the standard, indi cating which direction you are going by pointing the .indicator in that direction. Place a note in the box stating route to be taken, time leaving, and how many can be carried. "It is a democratic and patri otic gesture. We are willing to share our cavs. Sammy's cane in your yard will prove that our nome front is in an act of bat tle to help beat, the axis." The canes were built by C. L. Goodwin, 1718 Eldorado street, and are obtainable at Currin's, J.. C. Penney's, J. . W. Kerns, Castleberry's, chamber of commerce and Ballou and Wright. Marjorie Young Named. News Editor Of Oregon Emerald ' UNIVERSITY OF OREGON, Eugene, Jan. 6 (Special) Mar jorie Young, daughter of Mr. and Mrs. C. A. Young of Klamath Falls, has tsn, appointed news editor of the Oregon Daily Emer ald, according to an announce ment recently made by Ray Schrick, Emerald editor. ; Miss Young, : a sophomore In journalism, has . been assistant news editor of the student paper for the past term.: During her freshman year she served on the night staff, copy desk, and as a reporter. Read Classified A as for Results WHAT ctarT THE HEW YEAR R.6HT RIGHT poking Pr;"-.on o( ,h. better efgareire. . . I. Atl . fo, More HERALD AND NRW8. KLAMATH FALLS. OREGON YEAR OF 1 842 KEPT KF FIRE The city fire department was kept on the run during 1942 with 187 calls received during the 12-month period, according to the year-end report presented to the city council Monday night by Fire Chief Keith K. Ambrose. There were no Injuries or deaths caused by fires during the year and total fire loss was kept to $23,655.57 with $21. 752.17 of this amount covered by insurance. Fifty hazards were removed within the city and 553 inspections made by the chief. 2 Public Building Fires Sound value of properties at risk by fire was given as $3, 224,563, according to Chief Am brose. Fire classified, by occupancy Included, public buildings, 2; dwellings, 60; mills, 3; sawmills, 7; foundries, 2; laundries, 1; ho tels and apartments, 12; garages, 5; restaurants, 4; miscellaneous, 68; vehicles, 15; public proper ties, 1; total, 187. Hose Purchased As usual "matches and care less smokers" led the year-end cause survey with 84 fires at tributed to this source. Next in line came hot ashes and open fires with 26 fires caused in this manner. Third cause was given as electricity and defective wir ing which, along with forgotten appliances, brought 21 alarms. Other causes, conflagration, 2; explosion, 1; friction, 7; hot grease, 2; hot metals, 2; open lights, 1; gas, 4; defective flues, 11; defective stoves, 17; rubbish and litter, 2; sparks on roof, 2; miscellaneous, ; total, 187. . One thousand feet of two and one-half inch double jacket fire hose was listed under new equipment added. No equipment was taken out of service. Fire permits granted totals 1724, most ot the requests made In the spring and fall by homeowners burning rubbish and leaves. Twenty-four false alarms were received, some by pranksters. - The December report was also presented at this time by the chief, who reported six calls for the month with an actual loss of $92, $67 of which was covered by insurance. Four dwellings, one office building and one mo tor vehicle came under the oc c u p a n c y classification, fires caused by defective wiring, 1; careless smokers, 1; gas, 1; over heated flues, 1; overheated stoves, 2. During our first year of war four and one quarter billion dol lars' worth of airplanes left our aircraft factories. GREW ON RUN CIGARETTE GIVES SMOKERS WHAT THEY WITH THE COMB.N'05R. i Make your n, w0rtd best eig a $moke. everything you ! hear ThotV why, year -or. .maker, oy, J . Amur W& Mu.lcol Program. Lake o' Woods Caretakers Have White Christmas The caretakers at Lake o' the Woods had a white Christmas, with 31 Indies ot snow on the ground, and two Inches ot ice covered the lake itself. Roofs of summer home owners have been cleared, the care taker reported In a note mailed from the Rocky Point junction. The road into the lnke Is blocked by snow and skis and snow shoes are in order. Boy Scouts have taken to tho air, definitely, according to Rob ert H. Lnmott, local Scout execu tive who announced receipt yes terday of the first copy of the new Air Scout Manual, publish ed by the Boy Scouts of Amer ica. The copy received locally was one of the proof edition, first of its kind put out by the national organization from Now York City. Air Scouting, as the now branch of tho Scout program Is known, deals with all phases of ground instruction preliminary to actual flight. Tho program bears tho approval of civil and military aviation officials and is closely tied up to the Civil Aer onautics administration program. Air Scouting can bo organized with any g-oup of boys of 15 years of ago or over in a "squad ron" and can be st died by any Scout no matter what his age or troop connection. Various insig nia are presented to Scouts as they attain the ability to do the various tasks called for in the program. Any Institution or men who would like to work with a group ot boys in this program are In vited to inquire about it at the local headquarters, 409 Main street. BUTTER AND EGG MAN LOS ANGELES, (") Eggs are scarce here and valuable. Frank Lorenzi, exalted ruler of the Los Angeles Elks lodge, sold $20,000 worth ot war bonds last month at club meetings by auctioning off eggs and giving a war bond to high bidders. Ho will use butter next. Where he gets the butter and eggs is Lorenzl's secret. MOTHERS HAIL OVERNIGHT COLD MISERY Cold's coughing. I C A R C nasal congestion, " muscle aches in chest m and back relieved by warming, comfort ing, two-wny action of Penctro, the salve with the base of old-fashioned mutton suet, which was Grandma's stand-by. Demand Penctro. 25c, double supply 3dc tan. n uuvn - - more Copjright Ml, tioom at CITY POLICE ARREST 31 7G DURING 1 342 City police were on tho job during 1942 and made tho stag gering numbor ot 3176 arrests with $16,504.89 collected In bails and fines, according to the year-end report submitted to the city council Monday night by Chief of Police Earl IIouvol, Two. persons were killed by automobiles In the past 12 months, two suicides wore re ported and 10 persons found dead on the tragio side ot the police book. No cases of prostitution ap peared on the 1942 report. Cases Listed Following Is Chief Heuvel'a statement: Rape, 1; robbery, 5; aggravat ed assault, 7; burglary, 47; lar ceny over $50, 26; under $50, 135; auto theft, 46. Property reported stolen, 320; stolen proporty rocovercd, 124; missing persons reported, 173; recovered, 122; sick tuken to hospital, 11; injured tuken home, 2; to hospital, 3; attempt suicide reported, 1; sulclria re ported, 2; found dead, 10; autos stolon, 120; recovered 80; bi cycles stolon, 98; recovered, 72; turned over to federal court, 14; to Juvenile court, 7; fugitives to other authorities, 3. Liquor violations, 100; drunk enness, 1714, defrauding inn keeper, 1; deserter, ormy, navy, 19; disorderly conduct, 165; fnlso pretense, 2; forgery, 10; Inde cent exposure, 4; sex offenses, 3; vagrancy, 352; parking ordl- Have You Noticed An OLD CAR That LOOKS LIKE NEW? Remember that your old car Is actually worth more In dollar, and cent now than a year ago. An auto that's kept In best condition will have still greater value to cash In on whon you trade after victory! Auto Service Costs No More Now Than Before Pearl Harbor, at Dick B. Miller Co. The Big Olds Tower at 7th end Klamath 1 uWn V Mrtu Trauxp Ox Seabee Enlistments Open; Men 38 to 50 Urged to Sign Up All ratings excopt truck driv ers are now open for enlistment In the Soaboos, navy construc tion unit, It was announced to dty by the Klamath Falls navy recruiting station. Recruiters urged men from 38 to 50 years of age who have construction trades to apply at the recruiting station located In tho Post Office building. The annual mcotlng ot the Mo doc Area council, Boy Scouts o( America, will bo hold Sunday, Janunry 10, according to C. S. Elliot ot tho program and ar rangements committee. Meeting ot 12:30 o'clock nt tho Wlllard hotel, tho group will have dinner and hoar reports of committees. Tho election of of ficers will bo held following tho reports. Plans for tho new year will bo discussed as a concluding fcaturo of tho gathering, Indications aro that men will attend tho meeting from all purls of tho council area. Scoutors havo already indicated tholr In tention to tittond from Lakevlnw, Alturas and Bend areas. Tho meeting Is open to all men regis tered with tho Boy Scouts of Amorlca. Tho mcotlng will font tiro three boys as guests of honor, a Boy Scout, a Cub, and a Sea Scout. A. E. Fctsch of Lakovlcw, who Is council president, will preside. nance violation, 3501; killed by auto, 2; operating auto while Intoxicated, 35; reckless driving, 27; peeping toms, 25; counter feiting, 1; abandon autos, 14. V'SVS ' e... HACK UP TUB -MaaaaaaMBBBiBnaU mam iar ujvironM (0S Uuy It tnrougn tne want-ad,. BY OF CALIFORNIA ) for Versatility, foof V f SWURLSKIRT II MICUION TUCK-OOMI Here's skirt that knows In wiy round! Its 6-button closing li a cute at port or starboard as it ll at bow or stern. And the flexibility of the J2 tuck-gorcs flatters any fig ure! Its non-curl, bias-cut waistband of rayon taffeta has a rvurivu limit ft- infining that slims every waistline it supports. A wrinklcproof skirt ta drtss dawn with a tailored shirt for busy days! A crease-resistant akin to dmi up with a cocktail blouse (be dancing nights! Smart new colon Include California Cold, Deiclicomber Tan, Monterey Aqua. Fite Red, Lagoon BIue.BUda, Drown, Nary. Sites 14 to )t MdJitffi't Mallinson's CAVALCADB a riron tP wwn wlrti Cjhwe rimrkci. U S Pu.OftKtl "Tht Crtpt ihm Ne nt rW4ei" $4 95 of course- it's at 525 MAIN WANT WRITE LETTERS r 1) 0) 0)
