IN NEW LOCATION The Kuhlman Insulation Company lias moved. into new quarters
at 1721 Main Street. They were formerly located in the Long Bell Building on Spring
Street. In business here for the past 17 years, the firm offers complete insulation serv
ice, including aluminum siding, storm windows and doors. Shown here at their new
location, left to right, are Carl Owings, installation man; Ray Sommers, carpenter;
Terry Kuhlman and Mr. and Mrs. Marvin Kuhlman. Phone number remains the same at
TU 4-7039.
i&t Business Review
HERALD AND NEWS, Klamath
Dun-Bradstreet Statements Hailed
To 728 Klamath County
Today J. Harry White, district
manager of the Portland office
of Dun & Bradstrect, Inc., an
nounced statement requests were
mailed to 728 businesses in Klam
ath County. He said figures ob
tained from a physical count of
the Dun & Bradstrect Reference
Book for January, 1963, totaled
728 manufacturers, wholesalers,
and retailers in this area.
According to White each
January business concerns in all
parts of the United States are
asked by Dun & Bradstrect for
copies of their financial state
ments. This year requests are
being sent to approximately three
million business concerns to the
corner grocery store worth a
few thousand dollars as well as
to businesses worth millions.
The Dun & Bradstreet Refer
ence Book lists those manufac
turers, wholesalers, and retailers
who seek or grant commercial
, . . '
"
ELECTED TO DIRECTORS Richard Hicks, Klamath Falls grocer, second from left,
has been chosen one of the two new directors of the United Grocers, Inc., at the an
nual meetinq in Portland. He is shown here with other officials. Left to right, Gil
Danielson, Oregon City; Hicks, Willard Durst, Portland; Juan Young, vice president,
Portland; Bob Elle, Portland; Vern Smith, president, Portland and Wally Gainer, St.
Helens.
Montgomery wakd
9th & Pine TU 4-3188
AIRLINE.
PICTURE TUBE
SALE
On Popular 21" Tubes
via iuvi
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Trained Technicians
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COMPARE AIRLINE
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By Floyd
Falls, Ore.
Sunday,
credit but it does not include some
of the service and professional
businesses such as beauty and bar
ber shops, security dealers and
real estate brokers Therefore, the
figures for total businesses in
the United States would be higher
than the three million quoted
above.
Using the book listings as a
guide, it is interesting to note
the number of business firms in
the principal communities of
Klamath County include Klamath
Kails 583, Merrill 29, and Malm
17.
When the owner or officer of
a business enterprise, or his ac
countant, fills in and mails his
financial statement to Dun &
Bradstreet, it becomes a part of
the credit report on his business
and a factor in determining the
credit rating of his business.
Back of each listing of a busi
ness in the reference book is a
maah
LULU I UIUICI
To Board Of
Richard Hicks. 2166 Harvard,
has been elected a member of the
board of directors of United Gro
cers. Inc.
Hicks is a partner in The Mar
ket Basket stores.
The annual meeting of the
croup was held recently at the
Multnomah Hotel in Portland,
and attended by nearly all its
365 members.
Hicks was one of the two new
directors elected for three year
terms. The other newly elected
director was Willard Durst of
Portland.
Vern W. Smith, Hillsboro. was
elected president; Juan Young.
Portland, vice president.
At the business meeting in the
afternoon, tribute was paid to the
two directors whose terms have
expired: Odus Bales and Tom
Cutld of Grants Pass.
Eiclutivaf Fait!
Polaroid Reprints
2 for 25c
LEC'S CAMERA SHOP
836 Main Ph. 2-3331
L. Wynne
January 20, 1963
PAGE-3
Businesses
Dun & Bradstreet credit report
The report includes the following:
history of the business (who
owns it, who runs it, and how
long it has been operating);
description of what the business
does and how it does it; a finan
cial section which usually includes
die latest financial statement; and
a record of how the business
pays its bills.
While credit reports are primar
ily used by businessmen who want
to evaluate the credit risk of
business before shipping or selling,
insurance underwriters also use
credit reports to review risks.
rates, snd coverage for fire and
other types of insurance.
CAKE EATING U.S.
NEW YORK (UPI) - Since
I947, the t.er capita use of cake
mixes and cake flour has risen
per cent and total sales of
both have more than doubled
PlnrtAf.
LIIICU
Directors
Harry Thyc, general manager,
stated in his annual report to
the membership, that United Gro
cers has just closed the biggest
vear in its 48 years history. "Up
grading of present members'
stores, by remodeling, enlarging
or building new facilities, has
been the most important activity
during the past year. Sixteen
members have opened new stores!
and 90 others have upgraded in
varying degrees during 1962, re
suiting in greater sales."
The organization, the only re
tail owned grocery wholesale
company in the state, operates
its 220.000 sq. ft. main warehouse
on Lake Road in Milwaukie. The
company also operates a com
plete branch warehouse in Med-
ford, serving the independent re-
tailers of Southern Oregon; as
well as eight Cash & Carry ware
houses located in Portland, Ore
gon City, Salem, Eugene, As
toria and Coos Bay.
A subsidiary company
"United Supermarket Investment
Co." is now financing qualified
retailers in the building and re
modeling of their stores.
PPL Plans $1,500,000
In 1963 Construction
Pacific Power & Light Company
has announced that its construe
tion program in the district will
require an outlav of nearly one
and one-half million dollars this
year.
The work represents an increase
of 70 per cent above last year's
construction for this district, a sub
stantial boost in the company's
program expanding the capacity
of electric service facilities in the
area, noted Sam Ritchcy, PP&L's
district manager.
Ritchey said the company s
plans to improve and expand the
distribution system will require
$1,219,000 of the total of $1,475,000
budgeted for the district.
One of the major projects will
be the installation of conductor
and equipment along the route of
the 69,000-volt loop around Klam
ath Falls to provide more capacity
on the alternate supply line that
links together the substations serv
ing the local area.
An outlay of $180,000 wiU be re
quired for expansion of the capa
city of the St. Francis substation.
Other major items include:
Boosts in the capacity of the In-
lan land, Dairy, West Side and
Macdoel substations.
Installation of supervisory con
trol that will operate certain trans
mission power switches hydrauli
cally and reduce the time required
to restore service in the event of
outages such as those that are
caused by storms or ice damage.
Kitchey said that PP&L's distn-i
button and transmission construe-!
tion projects in this area will ab
sorb a significant portion of the
funds budgeted for the company's
DONALD A. BOYD
Donald Boyd
To Manage
Tule Firm
TULELAKE Floyd A. Boyd,
owner of the Floyd A. Boyd Co.,
International Harvester dealer
ship at Tulclake, has announced
that a son, Donald A. Boyd, will
manage the Tulclake firm. The
appointment was announced
Thursday.
The new manager succeeds
Dale C. Montgomery who has suc
cessfully managed the farm ma
chinery company since 1957.
Montgomery has accepted man
agership of the Butte Equipment
Co., an IH dealership at Gridley,
Calif. In making announcement
of the change, Floyd Boyd said,
Montgomery was a highly-valued
executive with the Boyd Agency
and his resignation terminates a
long and satisfactory associa
tion." The new manager was born in
Tulclake 26 years ago. He is a
graduate of Klamath Union High
School, attended the University
of Oregon for three years and re
ceived his B.A. degree in busi
ness administration at San Fran
cisco State College.
During his school years he
was employed in various depart
ments with the Allied Equipment
Co., IH dealership in Fresno, and
following graduation accepted a
position with the International
Harvester Co. in the Farm Equip
ment Division. He resigned this
position to become associated
with his father In the Tulclake
operation.
He is married and has two
daughters. Nancy and Mary Boyd
Mrs. Boyd is the former Sherrill
Snell of Klamath Falls. The fam
ily will live in Tulclake.
The machinery company is one
of the oldest firms in Tulclake.
Floyd A. Boyd, president of the
Allied Equipment Co. at Fresno,
and owner of the Tulclake firm
that bears his name, is also a
partner in the firm of Boyd and
Franson at Vreka, Calif. He
formerly managed the Tulclake
firm known as the J. T. Ncglcy
Co. from 1933 to 1940. 11 was
bought by Ival Wolf, Ivan Rose
and Boyd who eventually bought
from his partners.
The senior Boyd expresses sin
cere appreciation (or the continued
loyal patronage and pleasant busi
ness associations that have been
enjoyed in Tulclake for the past
23 years. The company will con
tinue past policies to offer the
best possible service to the Tulc
lake community.
fmmmmmi'immtiimmmm
Copco division construction program.
"The outlay of the increased
sum of money for the Klamath
Falls district construction pro
gram will help ensure our cus
tomers of a dependable and high
standard electric service," com
mented Ritchey.
JACK MYERS
Jack Myers
To Manage
Auto Agency
Jack Myers, 4667 Cannon Ave
nue, has been appointed manager
of the Spokane Agency of the
British Motorcar Distributors ef
fective Feb. 1.
Myers formerly was a partner
in a local agency which handled
British motorcars on East Main
Street.
A new building is being con
structed for the agency in Spokane
and is scheduled to be ready for
use in April. Meantime, Myers is
in Seattle, the main headquarters
of the firm.
The family home has been sold
and Mrs. Myers and family will
move to Spokane Feb. 1 where
Myers will join them.
Myers is a native of Klamath
Falls and attended school here.
He has been engaged in the auto
motive business for many years,
Fund Transfer
Legality Asked
SALEM (UPI) - An attorney!
general's opinion tn the legality
of transferring $5.5 million from
the veterans' bond fund to the
general fund was asked today by
the co-chairmen of the Joint Ways
and Means Committee.
Sen. Ward Cook, D Portland,
and Rep. Ross Morgan, D-Grcsh
am, submitted the request.
Gov. Mark Hatfield called for
return of the money in his 1963-65
biennium budget. Atty. Gen. Rob
ert Y. Thornton later said such a
transfer would be unconstitutional.
Dr. Lawson
Buys Optical
Firm Here
A change in ownership of the
Standard Optical firm al 715 Main
Street has been announced.
Dr. James L. Lawson of Weiscr,
Idaho, and recently of Fort Mon
roe, Va., has purchased the busi
ness from Dr. D. K. Thorsness
and will operate as private prac
tice. Dr. Thornsncss has left
Klamath Falls.
The new owner was accompan
icd by his family, his wife Nan
cy, daughter of Mr. and Mrs. Pete
Bclcastro ot weed, and a niece
of Elmer Bclcastro, Klamath
Falls, manager of the Medo-Bcl
Dairy, a son, 3, and daughter,
2.
Dr. Lawson is a graduate of the
School of Optometry, University
of California, Berkeley. He served
our years with the Army, 2'i at
Fort Sill, Okla., and l'j years at
Fort Monroe, Va.
During that period as a captain.
and as post optometrist, he exam
incd over 20.000 eyes.
He invites both former patients
and others in need of professional
care to visit the office.
Dr. l-awson is the son of Dr,
Oara V. Vial, O.D., of Weiscr
Idaho.
He will continue to use the Stan
dard Optical name for the pres
ent.
He Is Interested also In snorLs
and during his years at the uni
versity, placed second in the high-
diving competition of the Pacific
Coast's Conference's Southern Di
vision.
He was awarded the Army Cer
tificate of Achievement for serv
ice at Monroe when discharged
The present staff, Mrs. G
Snyder, hearing aid assistant, and
Mrs. R. Cable, receptionist will
remain with the office;
Life
Milk Group
Re-elects
L Geraghty
Lawrence Geraghty has been
re-elected to another term as pres
ident of the Klamath Basin Grade
A Milk Producers.
The annual meeting was held
recently at the Poe Valley Com
munity Hall.
In addition to Geraghty, Al
Grant was chosen vice president
to replace Ken Waters, and Stan
Masten was re-elected secretary,
and Wilbur Reiling, re-elected
treasurer.
Jack Wu, Dairy, and Ed Wenz,
Olene, were new members elect
ed to the board of directors. Ray
Hobson was re-elected to another
director term.
Hold-over directors are Reiling,
Geraghty, Grant and Masten.
Ray Petersen, county extension
agent, spoke to the group on
mastitis control. Also on the pro
gram was state dairy inspector,
Tom Bailey, who talked on mas
titis and quality. He is inspector
for Klamath, Lake and Jackson
counties.
JAPANESE CARS
NEW YORK (UPI) - For
some years the top five automo
bile - producing countries have
been the United States, West
Germany, Britain, France and
Italy, in that order.
But not any more, reports the
January issue of Car and Driver
magazine. During 1961 Japan
built 815,000 autos, displacing
Italy from fifth place. Italian
manufacturers, considered by
some to be the top auto design
ers in the world, put out 760,000
vehicles.
IN CHAMBER WORK
dent, Bob Cooper, is now
ot the Newport Chamber
here at his desk.
Former Klamath Couple
Own Coast
Two former residents of Klam
ath Falls are now owners of the
Sportsman's Trailer Park at New
port. They are Mr. and Mrs. Rob
ert Cooper.
The Coopers lived in Klamath
Falls from 1949 to 1056 when he
accepted a post on the coast.
In addition to the operation of
their trailer park which has been
constantly expanding business,
Cooper was elected vice president
of the Oregon Mobile Home Park
Association for 1963.
He is vice president and mana
ger of the Newport Chamber of
Commerce for 1963.
He has also been selected as
the advance representative for the
Pacific Northwest Travel Associa
tion Sports show which will be
held In the Chicago International
Amphitheater for 10 days begin
ning Feb 1.
PNTA covers the states of Ore-
Utility Names
Lyman To Post
According to a news release re
ceived from E. K. Albert, presi
dent of California-Pacific Utilities
Company, Victor V. Lyman, for
mer Baker resident, has been ap
pointed division manager of the
company's Southern Oregon oper
ations, with headquarters in Med-
ford.
Lyman, who is purchasing agent
In the San Francisco office of the
utility company, will assume his
new duties March I,
Albert's announcement stated
that Lyman will succeed Martin
E. Sands, veteran employe of 33
years service with California-Pa
cific Utilities. Sands, in addition
to being Southern Oregon division
manager, is also a vice president
of the company. He will retire
from active management later in
1963.
Lyman was an employe of the
former Eastern Oregon Light and
Power Company in Baker from
1929 until June, 1!M6, when Call
fornia-Pacific Utilities Company
acquired lhat company. In 1947 he
was transferred to the company s
San Fran usco office to take over
the duties of purchasing agent,
Albert's announcement also stat
ed that Mackie F. Carroll, the
company's assistant purchasing
agent, has been appointed to suc
ceed Lyman as purcnasing agent
March 1.
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HELP CELEBRATE EVENT The Bank of Klamath Falls held an open house on Fri
day, Jan. II, their fifth anniversary. In this view Jack Holt, right, executive vice
president of the firm, is shown visiting with Otto Smith, left, and George Andrieu,
center, during the open house. A jar of money was won by Mrs. Vallard Stoke, 1009
Prospect, during the open house which was attended by about 2,000 persons.
U.S. National Bank Marks
Gains In All Departments
The United States National
Bank marked up pains in all de
partments and finished a splen
did year, reported E. J. Kolar,
president, at the 72nd annual
meeting of the bank's sharehold
ers at head office in Portland re
cently. Kolar noted that 1902 was a
record year in distribution of
earnings to customers and share-
'J
- i.,Mal
A former Klamath Falls resi-
vies president and manager
ot Commerce. Ha is shown
Trailer Park
gon, Washington, Idaho, Montana
and North Dakota, in addition to
the Canadian province of British
Columbia.
Cooper reports that many Klam
ath area residents visit the New
port area for sport fishing, and
urged others to plan their coastal
trips to include his area.
ROY E. EASTMAN
Eastman Joins
Insurance Firm
Great West Life Insurance Co
announces the association of Roy
E. (Bud I Eastman of Klamath
Falls, as Life Underwriter in the
Klamath Falls District Office,
with District Manager Jim Crls
mon. Eastman has had many years
of sales experience, the last 14
with tile Gun Store, and has com
pleted a comprehensive train
ing program for the past three
months with the company.
He has lived in Klamath Falls
since 1939, he and his wife, Phyllis
have a son, Bryan, and daughter,
Nancy.
PROFITABLE PRESSES
NEW YORK (UPD - Ameri
can university presses are really
humming. During I he past five
years, revenues have ihown a 14
per cent increase annually with
1961 sales topping $17 million,
compared wilh $1 million in 1940,
the American Association of Uni
versity Presses reports.
t ft'. ' ''.
;-,. -r, ft;
holders. U.S. National paid $14,
013,000 in interest to savings cus
tomersan increase of $3,285,000
over the previous year. Share
holders received $3,285,000 in div
idends which was an increase of
$195,000 over 1961.
Kolar also said the bank had
its largest volume of business in
history and Increased earnings in
spite of a substantially increased
amount of interest paid to savings
customers. The bank recorded
net earnings of $6,2H8,000 which
was $173,000 more than 1961.
Deposits averaged $906,400,000
during the year, an increase of
$64,200,000 over 1961s average
deposit total.
The bank that "Loves to Loan
chalked up a healthy M54.500.000
in average loans an Increase ot
$41,900,000 over the previous year.
At year end, total resources for
the statewide system stood al
$1,079,346,587. The bank also in
creased its number of offices to
65 during the past year.
True to its claim as Oregon s
home-owned, statewide bank, U.S
National showed 78 per cent ol
Its 6,456 shareholders to be Ore
gon residents owning 73 per cent
of the outstanding shares.
New branches were established
at Gladstone, Seaside, Burlin
Came (Portland) and at Stayton
Additional new branches are un
der construction at present at
PrinoviUe and South Salem (Sun
nyslope Branch; with two new
Portland branches, Urban Henew-
al and Interstate and Going, as
well as a new Eugene branch at
Vet Loan
Totals Told
The Oregon Department of Vet
erans Affairs granted farm and
home loans to 3,958 veterans last
year in the amount of $41,283,250,
H. C. Saalfcld, director, reported
today. This makes a total of 41,
358 loans amounting to $335,777,-
174 since the program started 17
years ago.
The volume last year was 121
million below 1961, the record
year, when 5.944 veterans bor
rowed nearly $63 million.
In Klamath County last year.
loans were granted to 66 veterans
in the amount of $769,650, com
pared to 115 loans in 1961 for
$1,246,550. Since the program
started in 1945, loans have gone
to 692 veterans here in the
amount of $5,266,625.
Saalfcld said that of the nearly
$336 million borrowed, veterans
have repaid $177,231,345 in princi
pal and interest. They arc repay
ing at the rate of about $2.8 mil
lion a month, with interest pay
ments alone averaging around
$700,000. Of the more than 41,000
loans granted, 26,475 were out
standing December 31 in the
amount of $22!),8t)4.629.
The state veterans' loan pro
gram has earned $10 million
in reserves, including $1,389,368
in fiscal 1961-62, the highest year
to date.
GUARANTEED
TRUCK
SERVICE
AND REPAIRS
W.'r. Specialists on
4 wheel driv. Willyt
'Jeep' vehicles, but w.
or. .quipped to serv
ice oil mokes.
JOE FISHER
Lincoln, Mercury, Comet
Willys 'Jeep' vehicles
77 U. 7rk Ph. 4-1104
IneratMy Plieaet
Charlie tmp, 1-49SI
West Seventh and Chambers and
a Lakeview branch in the plan
ning stages.
New buildings for already es
tablished branches are under con
struction at Bend, Madras, The
Dalles and West Salem. Plans
are also underway for new build
ings for the Milwaukie - Powell
Branch in Portland and for the
Bcaverton and Stayton branches.
Kolar also reported a number
of major staff appointments fol
lowing the shareholders meeting.
Topping the list of promotions Is
M. W. Rice, a senior vice presi
dent, who was appointed executive
vice president and elected to the
board of directors.
LeRoy B. Slaver, vice presi
dent and executive trust officer,
was given the added title of exe
cutive vice president, trust divi
sion, and appointed to the bank's
management committee.
Frank Holmes Jr. of the bank's
business development department
was appointed a senior vice presi
dent as was George A. D. Kerf.
Named as vice presidents were
trust officer W. D. Hinson and
Harvey H. Cornell, head of the
bank's International banking de
partment. Kolar also announced the ap.
pointment of the following U.S.
National staff members to as
sistant vice president: V. A. C.
Petersen, Real Estate Loan De
partment; Sherman P. Bostrack,
Ladd & Bush-Salem branch; Ed
ward E. Mitchell, C. W. Pitkin
Jr and Willard M. Glaze, area
operations officers.
In other promotions, E. J. Hart
ley Jr. was moved up to assistant
trust officer while the following
U.S. National staff members were
elevated to assistant cashier: Rich
ard W. Hughes, G. E. Kinersljt.
Ben V. Blair Jr., Harry A. Davis,
Frank L. Chambers, Howard Mil
ler and Richard Getchell. :
Looking to the future, Kolar
pointed to Oregon's natural re
sources, economic advantages and
recent gains in the transportation
and warehousing industries with
an optimistic view toward 1963.
He concluded by saying, A
feeling of accomplishment in the
past and zest for the future la
shared with our many thousands
of customers, 6.456 shareholders,
,477 employes and our splendid
board of directors, all of whom
have contributed significantly to
the progress and standing of the
bank."
From lovely invitations to
handbills; from business
cards to posters ... we
can handle any printing
job ond beautifully!
Printing, Inc.!
12th & Klamath
TU 4-5373
mm
PRiraG