Herald and news. (Klamath Falls, Or.) 1942-current, October 22, 1957, Image 4

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Herald and news., October 22, 1957, Image 4

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Newspaper Page TextPAGE FOUR. HERALD AND NEWS. KLAMATH FALLS. OREGON TUESDAY. OCTOBER 22, 1957 10-1 T M. if. U.S. W. tf) 1947 b NIA Affix. Iim. "You're just doing this because you don't like people, aren't you?" Scientific Development Plan For Students Asked By Solon WASHINGTON WV-Sen. Jackson (D-Wiisli ) proposed today a big scientific talent development pro gram, financed by the North At- lantic Treaty Organization, to meet what he called "a genuine crisis." His report, as chairman of a special NATO parliamentary com mittee, advocated a two million dollar a year program of educa tional grants and special training for bright students. He said this might lead in time to the founding of "a Kuropean-widc center of postgraduate studies internation ally staffed and financed, and drawing to it the finest students in Europe. 'Key Club' Meeting Set DUNSMUIH Progress of the "Key Club" and a project for it will be discussed at the monthly dinner of the Dunsmuir Chamber of Commerce on Wednesday eve ning, October 23, at the Hotel Duns muir. Coordination of organized groups, social, fraternal, service and labor into a "key" organization is being sought by the chamber. A chil dren's playground is a project un der consideration for this group. The best use of the $500 subsidy granted the chamber by the city nf Dunsmuir will also be discussed. The community Christmas tree and merchant's promotional activities are other matters on the agenda. Illness In Schools Drops DUNSMUIR Continued Improve ment in school attendance last week indicated n decline in various respiratory and intestinal ailments plaguing Dunsmuir school children, school authorities announced. Momentary school absences on Friday wero only 85 out of the 1170 enrollment, as compared to 130 and 140 absences earlier in the week, Hoger Ellis, superintendent, said. The high school is nearly back to normal according to Delwin Poe, superintendent. Only 25 students were out on Friday. This is about twice the average absences per day but a big improvement over the 1(5 absences that closed the school on Friday, October 4. Classes re sumed on Monday, October 7. Jackson said he will present his eight-point program to the third NATO Parliamentary Conference opening in Paris Nov. 11, as chair man of its special Committee on Scientific and Technical Person nel. He made public several of the recommendations last Sept. 5. The member states of NATO confront a genuine crisis in the form of shortages of skilled sci entific and technical manpower, Jackson said in his report. He said no Western nation turns out as many trained men and women in these fields as Russia, but that the need for more per sons skilled in these fields would exist in any event. Among steps Jackson advo cated: 1. An Atlantic community talent development program, sponsored and financed by NATO, "to pro duce at least 200 additional doc toral degree holders in the fields of maximum importance for the defense and well being of the NATO community." He suggested half the program might be train ing United States students, the other half for Europeans. 2. Cash awards to students -and teachers in secondary schools for outstanding work in mathematics and - science. 3. Immediate steps to increase the number and variety of sum mer study institutes in the NAIO countries. 4. More International exchanges of scientists, engineers and ad vanced students. 5. A European employment clearing house for scientists and engineers. LIVESTOCK KLAMATH FAU.S LIVESTOCK AUCTION MARKET Oct. 21, 1957 Reccfpts: Cattle, 674. Hogs. 4. Compared last Monday cows steady; stock calves stronger: feeder cattle steady. Fed heifers: Good-choice, 19 80. Cows: Sid.. 15.l01fi.40: cmcl.. 14.50-15 50; utility, 12.40-14 10. Can ners and cullers. 6 70-11 .no. Bulls: Utility and cmcl.. 15.85 17.60. Veal calves: Good. 2I.'50. Hvy. killer calves, 20.10. Haby calves. 13.00. Slockers and feeders: Steers, medium-good, I7.50-lli.50: heifers. medium-good, 15 60-17.10. calves, good, 21.60-22.20. calves, good-choice. 111. 50-20.60. coder cows. 8.35-13.75; slock cows. 120.00-132 00. Pairs 150.00. Hogs: Sows., 16.75; weaner pigs. 0.00 per head. Reported by Ray Petersen, coun ty agent. Wall Street Experiences Bad Monday NEW YORK I The stock market has just suffered its bluest "Blue Monday" since Sept. 26, 1955. the first trading session aft er President Eisenhower s heart attack. Successive selling waves yester day slashed an estimated $6,350, 000.000 from the quoted value of stocks listed on the New York Stock Exchange, based on the fall in the average. The high-speed ticker tape ran behind the pace of transactions on no less than seven separate oc casions when sellers rushed to unload. The so-called blue chips took a beating along with stocks of less er quality. Even American Tele phone, regarded as an investment type issue for cautious people, broke 3 points. Du Pont fell 6'4. When the ticker tape ran late, brokers and analysts looked for some recovery movement after prices were pounded down buy ing by so-called "bargain hunt ers." This is the usual pattern. But there was little or none of it yesterday. Instead, prices hovered around their low figures only to be ham mered down again when the ticker tape was swamped with selling tne next lime. Wall Streeters reported no sin gle news event, rumor or other factor behind yesterday's shake- out out rather a combination of "more of the same." The market, they said, was still worried about tight money and uncertain busi ness prospects. Production cuts or layoffs were reported by several more companies. The scaling- aown ol dclense spending was em phasized by the Navy's cancella tion of 21 million dollars in con tracts with Lockheed Aircraft Co. The steel industry's operating rate slipped below 80 per cent of rated capacity. Brokers reported that despite the 70 per cent margin require ment some stocks were sold be cause more margin was required. Other stocks were disposed of merely because their owners were nervous they had seen their hold ings fall far enough. Additional sales were reported for establish ing tax losses on income tax returns. Although this was the sharaest decline since (he first Eisenhower heart break, it was only about half as bad. judging by the fall in the average. Nevertheless, it was part of a three-month erosion of prices since the market reached its high foi the year July ii. coming men within an ace of its all-time bull market high. The market got an extra push 10 me downside last week on news of the Syrian-Turkish crisis. The week before that, the Russian space satellite was the main up setting factor. Potato Shipments SEASONS S6-57 57-58 Daily Truck Ore. 8 11 Daily Rail Ore. 6 3 Dally Truck Calif. H To Dally Rail Calif 13 0 Daily Total ORE. It CALIF. 38 24 Monthly Total 455 444 Season's Total 493 700 Mideast Crisis Report Problems Face RC Meeting NEW DELHI Lfl-The 19th In ternational Red Cross Conference opening here next Monday may set off some political Hreworks. On the first day. Communist China is expected to protest the seating of Nationalist China. Both Chinas were represented at the last International Red Cross .con ference in 1952 in Toronto and both are expected to sit at this one. The two Chinas will not be the only split nations taking part. East and West Germany. North and South Viet Nam and North and South Korea will all be on hand. The Red Cross embraces both sides of the cold war. Another controversial question is a Japanese proposal to ban nu clear text explosions. This subject, close to the heart of many Asians will come under the general theme of the meeting: protection of populations. Man Booked On Gun Count Alberto Sapins. 64. of Bonanza, was booked in the Klamath Coun ty Jail early Monday evening aft er being arrested at Bonanza and charged tentatively with carrying a concealed weaMn. Deputy Sheriff Bob Hartley said the man was arrested after an anonymous caller told police that Sapins and an unidentified man were having an altercation. At the lime of his apprehension, Sapins was carrying a .22 cal. air pistol which tires a close r.-int', slim Steer I for small game. Sapins was apprc lleifer'hended by Hartley and Dcnutv Sheriff Arthur Bryant. He was scheduled for district court hearing Tuesday afternoon (UP FS.MNS) - STOCKTON Livestock. Cattle salable 200. Market mod erately active, about steady on few early sales cows, other class es too scarce to tost market prices. few commercial cows 14.50-15.50, odd standard 16. utility cows H..HI. rannors and cutters 10.50 13.50, odd utility bulls 1718. Altamont Junior High News By TIM MASON On October 14, the first student cuuncil meeting was held. Making up the council, besides the six elected officers, are a boy and girl room representative from each seventh and eighth grade home room. Their names and sec tions are as follows: 8A, Claudia Lane and Dale Crumrine: 8B, Kay Horn and Ronnie Simpson; 8C. Julie Bratton and Sam Crawley; 8U, faith Perry and Charles Twecdle; 8E, Donna Yunck and Eric Peterson; 8F, Cheryl Rath maker and Sherman Allen; 7A, Julie Coon and Walter Ambroget ti; 7B, Susan Glascow and Donny Hummel; 7C, Carol Frei and Mike O'Connell: 7D, Kalhy Murdock and Larry Smith; 7E, Sue Kennon and Paul Hurley; 7F, Todd Tetrick and Karon Sue Sloan. Under old business, Harvey Den ham, principal, explained the new constitution that was drafted last year. The council then adopted it, New business brought up the fact that there will be a maga zine sale sponsored by the Curtis Publishing Company. The sale will begin at the end of October. The finest battle of the football season look place at Gem Sta dium on Friday, October 18, be tween the Altamont Grizzlies and the Klamath Union Freshmen Rams. The Freshmen beat Altamont 7- 6 in a hard-fought battle. In the first quarter and second quarters, bolh teams drove hard, fumbled, punted, but did not score. the Hams, in the third quarter. Editor's Note William L. Ryan, writer of the following story, is just back from one of the frequent trips he makes to the Mideast. By WILLIAM L. RYAN AP Foreign News Analyst The decisive cold war battle over the Middle East seems about to be joined. For Western civiliz ation, this is a moment for pray erful resolve. The Democratic world faces a toe-to-toe struggle with commu nism over a vast sun-baked sec tion of the globe which President Eisenhower calls the most stra tegic area on earth. The winner will be the side with the strongest nerves and greatest resoluteness. Nikita S. Khrushchev and his Communist cohorts are toying with global peace. One serious mistake, one bad miscalculation in the Middle East now could bring the world to the edge of disaster. This would be no Korea. Much more is at stake, including the economic health of all West ern Europe. All the elements for a little war in evidence today in the Arab world. A big war remains a pos sibilitythough not a probability. But Soviet communism persists in courting catastrophe. Men who can harness the atom and plan outer space travel are gambling that they can control much less manageable forces: the human emotions of a highly un stable people. There is no mystery about what .Moscow is trying to accomplish in the Arab world. The Russians do not want to start Warld War III. But thev have gained great propaganda victories through their chanininn. snip oi me AraDs against Israel and through recent scientific ad vances. In their determination not to surrender this initiative, Soviet policy is using all measures short of war, approaching as close to ine Drink as Moscow dares. It is becoming clear that one nf Khrushchev's immediate goals is lo force a big power meeting of ,,ioua w aiuie giving nun a perm anent and authoritative voice in the Arab world's destinies. tne Russians hope to force such a meeting by beating a constant lauoo on me world s nerves and then building up pressure on Lon don and Washineton hv offprint. hope of a way out of a highly ex clusive suuauon. From a big Dower meeting lh Russians could work to emei-se as the leading champions of Arab as pirations. Behind scenes they ap parently hope to push forward re lentlessly with economic, military and political penetration. Thpv seek destruction of Western Allied influence in the Middle East, so that the northern tier of resistance to communism is broken and there is no hope left for an effec tive solid front. Moscow already has a strong foothold in Syria, through mili tary dependence. An economic trap, too, is being set for the Syr ians. The Russians probably are working hard even at this mo ment to bring about a situation in Syria's neighbor Iraq which will result in an anti-Western explo sion there. Frustrated Arah n. tionalism, in a nation aliened mil. Itarily with the West, provides a convenient weapon. If the explosion in Iraq comes, Soviet solicitude for "indenenrf. ence and sovereignty" could offer a new Iraq regime a shoulder to the situation became really dan gerous, the Russians retreated. They would not risk war. Berlin, 1949: When the Soviet blockade became too dangerous, Moscow called it off. Korea, 1953: The Soviet gamble fell short of its goals. An unsure post-Stalin regime saw the threat of a new war. The Russians pulled back, pressed for an armistice. Indochina, 1954: French and Viet Nam forces were defeated in the North. Communists pushed for and brought about an armistice, then fell back to digest their gains. Middle East, March 1956: Those in the area at the moment of fev erish crisis felt the peace of the world was hanging in the balance. Suddenly a Moscow statement pulled the rug from under Egypt's Nasser and other Arabs who might have anticipated total So viet support. Suez, November, 1956: The Rus sians talked of intervention, threatened war. But in the U.N. they labored to bring about a cease-fire. The Russians need sustained Arab world tension if they are to push toward their goals. The So viet policy aims at controlled tur- mnil Tnflii-tinn nvn :ii continue leading the world to thelirvof "ich'gan and a resident Obituary MILLER Carmen Miller, 33, a native of Oklahoma and a resident of this city, died here October 22. He was employed by the Weyerhaeu ser Timber Company. He is sur vived by his mother, Mrs. Elnore Browne of Longview, Washington 0'Hair's Memorial Chapel will send the remains to Longview for services and interment. ARNOLD Wilbur J. Arnold, 48, a native of Prineville, Oregon and a res ident of this city for 30 years. died here October 21. He was a charter member of the Hermiston Lodge BPOElks No. 1845 and the LDS Church. He is survived by nis momer. Mrs. Jennie Pool. Klamath Falls; two sons, William R. Arnold in the service in Ger many, George Stephen Arnold: a daughter, Judy Lynn Arnold. Klam ath falls: a brother, Ramno Ar nold of Klamath Falls. O'Hair's Memorial Chapel will announce the funeral arrangements. SCHAEFFER Oakley O. Schaeffer, 73, a na- brink and suddenly pulling back to consolidate gains. The big question: Will the Rus sians be able indefinitely to pull back in the nick of time? Funerals BREESE Funeral services for Daniel Jo seph Breese, 58, who died October 20, will be held Thursday, Octo ber 24, at 9:30 a.m. in the Sacred Heart Church, Monsignor T. P. Casey officiating. Recitation of the Holy Rosary will be Wednesday evening at 8 o'clock in O'Hair's Memorial Chapel. Interment will be made in Klamath Memorial Park. HURLEY Funeral services for Robert Ar thur Hurley, 37, who died Octo ber 18, will be held Thursday, Oc tober 24 at 2 p.m. in O'Hair's Memorial Chapel. The Rev. H. Ed ward Hamme will officiate. In terment will be made in Klamath Memorial Park. of this city, died in San Francisco October 22. He is survived by the widow, Ruth Schaeffer, Klamath Falls; a son, Harry Schaeffer, Sac ramento; two daughters, Mrs. Bo nita Cross, Santa Clara, Mrs. Kathleen Araizo, San Jose; a step son, Rex Moorehouse, Klamath Falls; a stepdaughter, Mrs. Don na Birch, Forest Grove, Oregon; a brother, Ray Schaeffer, Alberta, Michigan; and Mrs. Paul Smelt zer of Detroit, Michigan. O'Hair's Memorial Chapel will announce funeral arrangements. MOLES BEWARE CHICAGO (UP)-The Cook Coun ty Forest Preserve District ad vises that the castor bean source of castor oil, can be a gardening aid. Conservationist Robert Mann said Monday that a few castor beans in the right spot will drive moles from their holes. Toastmistress Club To Meet Members of the Toastmistr.s. Club will hold a 6:30 p.m. dinner meeting at the Willard Hotel on October 24. Peggy Barnes will act as toastmistress. Blanche Petrott will serve timer: Marilou u Connor, invoca tion; Frances Little, topicmistress- Della Baty, lexicologist; Margaret Davies, general evaluator: Bettv ooyie ana ranny itiae inompson, critics. The educational feature will b by tunice Bunnell. Five groups of speeches will be given: "Building a Speech," Sally uamon, tva cook, Doris Aber nathy; "Vocal Variety," Evelyn Natale, Floy Johnson, Jackie Hib bert; "Word Pictures," Inez Lam bert, Jan McClellan, Arlene Skaug set. Hope Brader; "Be In Ernest," Audie Williams, DeEtt Forrester; and "Props," Leigh Fenning, Jan McClellan. Oregon Weather Northern Oregon beaches Partly cloudy to cloudy with a few scattered showers Wednesday. Temperature range 35-62. Winds northerly to northeasterly Tues day night. Eastern Oregon Cloudy with snow showers Tuesday night be coming partly cloudy Wednesday; clearing trom norm and colder. Low Tuesday night 25-35; high' Wednesday 32-42. Western Oregon Cloudy Tues day night with scattered showers and snow in mountains; partly cloudy Wednesday with a few snow flurries in mountains. Low Tuesday night 32-42; high Wednesday 40-50. Winds near the coast easterly to northeasterly. 10-20 m.p.h. Baker and vicinity M os 1 1 y cloudy with a few showers or snow flurries Tuesday night; partial clearing Wednesday. Low Tuesday night 27-32; high Wednesday 40-46. Grants Pass and vicinity Partly cloudy to cloudy through Wednesday with a few light show ers. Low Tuesday night 35-40: high Wednesday 50-55. INTREPID PHI BETTA CHICAGO tUP)- A girl with good figures, Arlene Bedau, 21, is making her way in what is usual ly considered a man's domain. Miss Bedau, a Phi Betta Kappa with a 4.75 out of a Dossible 5. grade average, is a University of Illinois student in mathematics and market research. A TEXAS TALE BROWNSVILLE, Tex. (UP) Guillermo Treuo, called for iurv duly because he has property list ed under his name on county tax rolls, was excused when he report ed for duty Monday. He is six years old. STOMACH TROUBLES? Fain, biliousness, loss of appe titev poor digestion, gas, constipa tion, nausea, colitis, ulcers, gall bladder disorders, appendicitis, toxic conditions and indigestion arc, some of the ailments that have long been successfully treated at Spear Hospital. See your local chiropractor; and write for free literature on stomach troubles and other problem condi- tlo'ns. Spears Chiropractic Hospital Dept. F-51 - Denver 20, Colorado U,n 1 ...:u ...... n rZ," ' :" E!-P "P"- " did in Syria. That o..,- r. tt.:. -L.'I , 1 anv woul1 be a black one for the v.i.t.. u u ik krinii.i ri! . would be easy prey to the Cairo- uamascus-Moscow axis A H. den deluge of American arms has temporarily shored up King Hus sein's throne, but it has given the ..uuuie tasi ine look of engaging in an arms race, with the Rus sians supplying Syria and Egypt Driver Cited After Wreck Calves salable 50. Not enough Cloverine C. Baldenegro was cit ed on charges of driving while in toxicated late Friday evening after it'-II' i "10 c:lr shr w:ls "Pi'raling collided ;,., jwith a parked vehicle near the in tersection of Market and streets Oak .MILWAUKEE (UP) A floral rwntnrninr-i, fnllv nm,;n....l ...;. Tl, j.: u . . , . . m'Fu "ill! offered lo test market prices Odd :.. . ... . . ' ,"K TK uronz"- rust and red colored chry- California Weather By UNITED PRESS Northern and Central Califor nia: Mostly fair today; fair to night except increasing cloudiness in the extreme north; Wednesday fair central portion but cloudy northern portion with rain by aft ernoon near the coast from San Francisco northward and over the extreme northern interior; slightly warmer inland today: coastal winds variable 8-15 mph, becom ing southerly 10-15 mph late to night and increasing to 15-25 mph Wednesday. San Francisco Bav Region: . I.. ,...... 'J ... ... I.M1V I. Ill I..(i;.V .111.1 11.11 LMII- ... . . cloudy Wednesday will, rain' hv , , ,,' nd 240-1 City police report that the Balle- nfternoon: little change in temper-1:".." ... ;? ' 10 '"! negro car smashed into the parked ature: high today San Francisco 1 and choice car belonging to Sam Rawlins of S. Oakland 8. San Mateo and 50" ' ' r P'f , , !. Bishoe Street. The Kawlins car San Rafael 70; low tonight 53-58:! , , ' , s" Mc. M' "!'lk of sP-,then rammed into another parked today 'I " ""' 11 s siaugn-i vehicle. Operators were not in ei ..a... I'cr ewes, not enough slnuchteri(h,.r ,.f fh.. nnrk., ,.i,;i... lambs offered to test prices. Cull All three cars were extensively extra point. 7-0 lead. Altamont. proving just as good, bounced back when Ted Steiner. getting fine blocking, scored with a running play. Altamont missed its extra point by two steps. This meant the whole game! In the last quarter, Altamont , r,o H,.-n Iho fiiM With fi....l.. "-TVS l"" seconds to go, Ted Steiner fed wi 'to hnd In ericas back to pass hut was rushed : enemjes nneiiids quickly Thinking fast, he tore: u the Sovict Drolmml . nown inc Held on me side line, mi-dino t i,.i . " ,." One Ram nlnvpr lnl hi,., h. C0.'.ng .,0 Plan' .Turkev Would be ever and the freshmen beat 7-6. ,07' Altamont. as a whole, shares isvria aslriri iho n JiV sympathy for Earl Brinson who 1BM -jtrranean IraS onS,nP He'cnCS r-u i,,K c1i,H u r, , Vi . i nationalist demands. ...... .isumi n fl'llll.1 rlUWIIUIH Will the Russians risk total war li" h.! be - pursue "aimji . imin Su udL-iv a aecaae lo SPUTNIK IX COLOR examine the chances. Iran, 1946: Moscow refused to get out of Azerbaijan. But when calves choice good and choice slauglit 20-22. Couple small lots stock steer calves 22.50. Hogs salable 200. Moderately ac tive, market steady on all classes U.S. No. I, 2 and 3. barrows and Mninnlh alley Hospital for treat ment of a lacerated chin. Theresa Hunt, a passenger in the Balde negro car. was treated at the hos pital for serious head and facial cuts. santhomums and brass antennae won a prize at the Wisconsin Upper Michigan Florists Assn. competitions. Titled "Sputnik," it was prepared by florist S. M. "Moon" Muliins. O People Read SPOT ADS you are iP V 3iP efiEfJuEffi J to good shorn slaughter ewes 2-7. damaged Good and choice feeder lambs j around 65-85 lbs 15.50-17.50, few common and medium 1015. variable winds R-15 mph and southerly 15 25 mph Wednes day. Sierra Nevada: Mostly fair to day and tonight ; Wednesday in creasing cloudiness with rain like ly in the extreme northern ranges late in the day: little change in temperature. Sacramento Valley: Mostly fair today and tonight: increasing cloudiness Wednesday . likely northern portion late day; little chance in temiieratiire hieh bolh days 67 74: low loniohi i witness. Spates, an itinerant la 46-52: gentle winds becoming i borer, was charged with stealing southerly 10-15 mph Wednesday. I sol'ie jewelry and articles ol cloth- Northwestern California: Mostly lnK Iroin another worker. fair today and tonight: increasing cloudiness Wednesday with rain in the northern portion spreading to Two Prisoners To Be Returned CHARGES DROPPED Beesley said TiT'e s d avhe U T.lilla!!!. f.!1.1')-' if.?.;!.le. Mntl00n, loft wuh rain l"W,ng..arceny charges" agains, rn "two riZ, ,S in niiuam .pales Because he is un-lihe Klamath County jail line lo produce the comn amine n..m h.,u ; t ". j i wanted in Klamath Count v on charges of obtaining money under false pretenses is Lew Hatfield, 41. of Klamath Falls. Being held in Weavcrville and wanted in Klamath County on charges of nonsupoort is Sain J Hall Jr., 28. Sheriff Murray iR.h! Rritton Kirchmyer. 3. is being held CAR THEFT CASE A circuit court jurv should de- most of the area by late in the liberate Tuesday afternoon the lar- day ; little change in temperature; I fen' ' an auto charge against hign today and low tonight Napa .Larry Ouane Abbott. Earlier in adds that Jack B. 70-48. Santa Rosa 71-48, Ukiah 72-j the day, final arguments were do-1 of Klamath Falls ; coa.siai winus varianie s-i.vuverod ny Freeman c. i'at Mur-hn Con a is on i halves of nhtnin. mpn Decerning souineriy 10-15, ray, prosecuting attorney, ami uu money on false pretenses and mph tonight and 15-25 mph Wed-iP. K. iKon) Puikett, defense couu-'will he returned to Klamath Coun- While They Last! ALL BRAND NEW . FROM REG. STOCK Reg. 69 95 So.t 37.50 Model C-3 While They loll New General Electric Vacuum Cleaners 50 EASY TERMS FREE HOME TRIAL 1-YEAR GUARANTEE COME IN TODAY OR CALL TU 4-7193 DEAN'S 122 South 9th The United States National Bank Or PORTLAND RESOURCES Cash on Hand end Due from Banks $ 157,494,129.80 United States Government Bonds 243,070,918.71 Municipal and Other Bonds 67,015,277.68 Loans and Discounts Net 338,187,702.24 Stock in Federal Reserve Bank 1,200,000.00 Bank Premises (Including Branches) 12,244,682.04 Customers' Liability on Acceptances 66,577.50 Interest Earned 2,573,694.74 Other Resources 120,594.22 $ 821,973,576.93 LIABILITIES Capital $ 20,000,000.00 Surplus 20,000,000.00 Undivided Profits 21,749,676.85 $ 61,749,676.85 Reserves for Interest, Taxes, etc 5,869,081 .81 Acceptances 66,577.50 Dividends Declared 650,000.00 Deposits 744,105,363.40 Interest Collected Not Earned 4,576,032.80 Other Liabilities 4,956,844.57 $ 821,973,576.93 Mm. itaMimrt tocfudti 62 raflhi k OrvfM HIAD OmCi. POinANO. OtlOON Ml FALLS BRANCH DIRECT BRANCH OT THE UNITED STATES NATIONAL BANK OF PORTLAND OREGON'S OWN STATEWIDE BANK M-ww.H.h.cw,M. jicsday. sol. t.v in the - near lutui c.