Herald and news. (Klamath Falls, Or.) 1942-current, March 31, 1963, Page 15, Image 15

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    JUTrni! ATiAni.
1 fi V-JTJ
in Review
By Floyd L. Wynne
12 '-
U KRAI. I) AND NEWS, Klamalh Kails. Orr.
Sunday. March 31, 13
PACE JC
Pair Of 50-Year Service Pins
fRiis
J; i rf. .!a iLw , -
Awarded At Paper Firm Banquet
WEED Two employes, caihj W. P. Sexton, Willie Taylorier Hilliard, Francis James, John
with 30 years of servite with thejall(1 A- Tnrrezan: 20 years Vol- 1. Kersey. John Messina. Oscar
Uv.i am.init thnw hon.1"" u""- uuih.ii. rim i ugu. iiunaiu rwiini-v, nmj
CENTURY ON THE JOB One hundred years on the job is represented by the two
50-year service pins being presented to Sebastiano Messina, left, and John Thomp
son, center, by Julian M. White Jr., manager of the Weed branch of International
Paper's Long-Bell Division. Both men retired recently. Messina worked 50 years in
the Weed box factory. Thompson came to Weed in 1923 after 10 years with the
company in Louisiana. He worked in the planing mill.
If nA 1 P J J
JIM PEAKE
ERNEST HINKLE
Free Invest Course
Planned For Public
"How- To Invest" will be the
theme of a special course in fi
nancing offered free to the public
on Tuesday, April 2, at the W'i
nema at 7:30 p.m.
The program is being sponsored
by the Herald and News and
will feature two speakers, Ernest
Finance Firm I
Opens Offices
Laurentide 'Financial Corpora
tion Ltd. one of North Ameri
ca's fastest-growing finance com
panies, has entered a new mar
ket with the opening this week
of three offices in the state of Ne
vada. The company, whose U.S. oper
ations are headquartered in San
Francisco, announced the open
ing of offices in Ely, Winnemucca
and Yerington.
John S. Cole, U.S. regional vice
president, said two further Nevada
offices will be opened in Reno and
Fallon in May.
Laurentide, which provides di
versified financial services for ev
erything from automobiles to oil
wells, now has 85 offices across
Canada, 105 offices in the western
states and two offices in the Ba
hamas.
Cole says the opening of the
Nevada offices recognizes the
tremendous growth projected for
the state. In the 13 years since
1950 Nevada has gained a spec
tacular 107 per cent in population.
He said the discovery of one
of the biggest potential iron ore
deposits in the United States at
Yerington was a factor in Lau
rcntide's decision to enter the
market. Laurentide will be the
first of the big national finance
companies in Ely, Winnemucca
and Yeringlon.
Hinkle and Jim Peakc of the E.
Hinkle and Company, Portland in
vestment firm.
Hinkle. president of the firm
has a background of 12 years with
Merrill. Lynch, Pierce, Fcnner
and Smith. He also spent a year
at the Wall Street School for in
vestment brokers.
Pcake has been with the Port
land firm for the last four years.
A graduate of the University of
Oregon, he has been a Portland
resident for the past 35 years
and has represented the firm in
this area.
There is no charge for the
course which has been planned
for those desiring to make invest
ments for the first time, and
will enable them to become bet
ter acquainted with the field, logi
cal procedures to be followed in
vesting and some advice on ad
vance planning.
Personal selections will also be
emphasized in the meeting, and
such subjects as how to invest,
how to select a broker, the func
tions of a broker, how to put sav
ings to work, when to sell and oth
er important subjects for inves
tors w ill be discussed.
Reservations are not required.
The session gets underway at
7: 15 p.m. and is open to the pub
lie.
Bank Buys
Parking Lot
The U.S. National Bank has
purchased the site of the old Peli
can Theater from Klamath Theaters.
The lot is currently leased to
the Park-and-Shop Corporation
and is being used for customer
parking for their plan.
Bank officials indicated that the
purchase was subject to the lease
of the Park-and-Shop Corpora
tion. and the property would con
tinue to be used for parking as it
now is. At the same time, it
was announced that the present
parking lot of the U.S. National
Bank at the corner of Eighth and
Pine streets has been sold to the
Park-and-Shop corporation and
will be operated by them effec
live April 1.
Officials indicated that the
purchase of the former theater
site firmed up bank holdings
unci protected the institution
against future development needs.
Prices involved in the transac
tions were not announced.
Partners Add
Irrigation Line
Crater Lake Potato Distributors
has become the authorized dealer
in this area for the Moorc-Ranc
line of irrigation couplers and
fittings.
Karl Dchlinger and D u a n e
Blackman, partners in the potato
distributing firm, announced this
week that they have added the
irrigation equipment line and will
be warehousing the equipment at
their Dairy location.
All types of systems, wheel
move, hand move and solid set
are included in the well known
Moore-Rane line. They will have
rainbird and raintrol sprinklers
complete line of centrifugal irri
gallon pumps and electrical con
trol.
New Apartment
House Talked
PORTLAND (UPD-Plans for a
24-story apartment building on the
west side of Portland were an
nounced Tuesday by Panorama
Apartments. Inc.
The announcement of the $4.5
million, 214-unit structure came
after the Federal Housing Admin
islration approved a $39 million
loan.
companv.
ored Saturday in Weed at an In
ternational Paper Company din
ner for retired employes and
service pin recipients.
Sebastiano Messina worked 50
years in the Weed box factory
before retiring recently. John
Thompson went to work in the
Weed planing mill in 1923 alter
working 10 years for the com
pany in Ixiuisiana. He retired re
cently also.
Approximately 100 people at
tended the company dinner in the
Sons of Italy Hall. They includ
ed employes who had retired be
tween June 19B1 and January
1963, employes receiving service
awards for 20 years and more of
service with the company, and
guests.
Toastniaslcr for the evenin;
was H. .1. Greeley, industrial re
lations director for the Long-Bell
Division, from Longvicw, Wash
Service pins were presented by
Eric A. Bauer, assistant to the
manager, Weed branch. Enter
tainment was provided by Dione
Von Hein, Dunsmuir folk singer
The following retired employes
were honored at the dinner: Do-
menic Acntto, Frank Alexander,
Manuel Alves, Frank A q u i I a,
Amos Barron. Ogey Bcarden.
Ramsey Bluitt, Fred Boersma.
Herman Borgman. John Bresolin.
Ed Buscombe. Giovanni Cntala
no. John Catalano, Seconclo Chi
ment, Don Ginger, Frank Del
Gallo. Francis DoLuca, Guy Ed-
wall, Walter Evans, Silvio Finato,
James Fraelick, Leroy Johnson,
John Kerkes Sr., Julius Lee,
Steve Lee, V. G. Lvnch, William
McDonald. Harold M c G r a t h
Claud Mi-Lain, Otis Mackcy, Sni-
rito Maltcoda, Cecil Maxey, John
Mazzei, S. Messina, Ravmond
Moeller, John Oto, Cuarly Owens
Cezare Peruzzi, Clara Phillips,
Victor Piva, James D. Reeves,
Edgar Roach, Quintn Rossetto,
C. G. Rowe, Chester Royse, Auda
Samples, Umbcrto Scarnbcllo,
Transitn Serna. Sallie Small, An
dcrson Smith. Hosca Smith, Wal
ter Smith, Harold Strother, Carl
Sullaway. John Thompson, Ran
dolph Tinkcy, J. E. Tobin, An
drea Tnsarti, Otis Tramble. Paul
Varga, Willie Wardlow, Catherine
Weiss, Myrtle Williams.
Employes who received service
awards include: 50 years S
Messina and John Thompson: 40
years Robert Bianconi, Robert
Clark and R. Zalunardo; 35 years
Don dinger, Frank Dc Gallo,
Cezare Peruzzi and Emilio Za
natto; 30 years William AI
diich and John Tallerico; 25 years
Boersma. Dario Cavarzan,
j Hanson. Harry Hi'dgpeth,
Ralph Study, Walter Tosh and Giacinto
Grov-IZamitto.
First National Reports
Record High Deposits
First National Bank of Oregon
reported record high deposits and
loans for the first quarter of the
year, President Ralph J. Voss
announced.
Deposits ol $'.170. 190,000 were
reported March 18, as compared
with $893,760,887 in March of last
year. Loans outstanding among
the banking system's 91 offices
totaled $568,559,531 for a gain of
$66,487,013 over the March. 1962
figure. Resources topped the $1
billion mark.
Figures were announced in re
sponse to the quarterly call for
statements of condition by the
Comptroller of the Currency.
AF Requests
Moving Bids
The Air Force has asked for
bids on packing and crating serv
ices for the Klamath Falls area
for a year's period from May
1. 1963 through April 30, 1964.
The bids are restricted to
small business and will be re
ceived up to 2 p.m. April 13.
The base procurement office
has announced the call for bids
y 1l.iwl;?SVvs mm ,,. 1
Mary Ann's Cafe
To North Site
Mary Ann's Cafe, operated for
12 years near the Link River
Bridge by Mrs. George (Altai
Russell and the late Mr. Russell,
has been moved to the former lo
cation of Mowdy's Cafe on U.S.
Highway in Wocus.
The cafe, which offers both ta
ble and counter service, 6 days a
week from 6 a.m. to 8 p.m.. will
have a formal opening March
31, but is presently serving meals.
The business will be closed on
Monday. Mrs. Randall will serve
free coffee and doughnuts all day
during the opening.
The building has been re
modeled and redecorated.
The Klamath County and Lake
County brandies of First Na
tional reported first quarter de
posits of $35,724,219 and loans out
standing of $26,284,253. according
to Branch Manager and Vice Pres
ident R. II. Tisdale of Klamath
Falls branch.
Comparable totals (or the
branches a year ago were $;S,-
577,752 in deposits and $24,896,927
in loans.
During the first quarter of 1963
the First National Bank added
the University Branch in Eugene
to the statewide system. Voss
said.
Five new branch offices cur
rently arc under construction, with
opening dates set for this year.
The new Madias branch w ill open
in April and Portland offices at
Burlingame. 5th and College
Street and the new Standard Pla
za will o)en later. Construction
of a second Springfield branch
was started this month.
Tisdale also announced that the
Klamalh Falls and South Sixth
Street branch, managed by M. E.
Shannon, had deposits of $23,444,
975 and loans totaling $17,315,054.
Last year at this time, deposits
were $20,870,830 and loans
amounted to $16,408,022.
At Lakeview branch. Manager
J. B. Lampkins announced his
March, 1963 deposits of $9,537,501
and loans amounting to $6,854,893.
Comparable totals from a year
ago indicated deposits at $9,173,
690 and loans totaling $6,507,078.
Deposits of $2,741,743 and loans
totaling $2,114,316 were announced
at Merrill branch by Branch Man
ager Donald A. Pyle. He said that
last year, deposits amounted to
$2.533,2.12 and loans were $1,981,-827.
ANTI-LITTER GIMMICK A special attractive litter basket is being distributed by"'.
Wilson Wiley Buick, 1330 Main, as a premium with service work in excess of $24.95.'
The basket, shown here, being held by Ken Tennigkeit, left, service manager, and
Wilson Wiley, will be offered as a premium during April, May and June as part of a'.
nationwide anti-litter campaign. Action on the part of Buick dealers, nationwide, ,''
was inspired by the national campaign, "Don't be a litter bug, keep America beautiful."
Industry Plans Seminar
The marketing of building pro
ducts in the home building indus
try will be the subject of a na
tional seminar to be held in Eu
gene and Corvallis April 3-5.
The conference will he sxn
sored by the Joint Committee of
the National Association of Home
Builders and the Producers Conn-
il, and by the General Extension
Division of the Oregon State Sys
tem of Higher Education.
Principal aim of t h e seminar
is to provide manufacturers and
their local sales representatives
with a belter understanding of
today's home builder, and of his
method of operation, buying hab
its, ami service needs.
MM
L. Orth Sisemore
announces
th
e removal
of h
is
law offices to
The First Federal
Savings and Loan Bldg.
538 Main
Klamath Falls, Oregon
April I, 1963
a Wards Special
Service for . . .
BUSINESS FIRMS
INSTITUTIONS
GOV'T AGENCIES
WARDS OFFERS
EVERYTHING IT
SELLS AT FULL
COMMERCIAL
DISCOUNTS
Words giant purchasing power
means lower prices at com-,
merclal discounts for all quali-'
fied purchasers. Choose from
thousands of quality items . . .
backed by nation-wide delivery
and service. Call Wards first!
phone today
TU 4-3188
CONTRACT AND
COMMERCIAL SALES .
DEPT.
COMMERCIAL
Specialtung in oil types of printed folders, circulars, letter
heads, checks, statements, map-out forms, plastic bindings,
etc.
Guide Printing
Inc.
12th & Klamath
TU 4-5373
GUARANTEED
TRUCK
SERVICE
AND REPAIRS
We're Specialiifi on
4 wheel drive Willyi
'Jeep' vehicles, but we
are equipped to serv
ice all maket.
JOE FISHER
Lincoln, Mercury, Cornel
Willys 'Jeep' vehicles
(77 S.. 7th Ph. 4-1104
Im.rftncy Pliant:
CK.rlia Ump, 2-498
P...I... I uiu. Mi. k.m lh.n'1 . T Wt'' L" . " Ch.ili.! Lit ..f . . .
I MUM ,htth.l j , Cwnt,.. .. H ' T. ..Tth. I . 2Tr tf. -7 .W th. ..,. $..,1, C .m .11
Pacific Supply Cooperative
Klomath Fall . . . Hatfield . . Tul.lok.
MR. FARMER!
The Manufacturers of
MOORE-RANE, Irrigation Products
Are Proud to Announce the Appointment of
CRATER LAKE POTATO DISTRIBUTORS
AS DISTRIBUTORS IN THE KLAMATH BASIN FOR:
A Complete Line of MOORE-RANE A Complete Line of Electric Controls
Irrigation Fittings Rainbird and Raintrol Agricultural
ALCOA Aluminum Pipe Sprinklers
A Complete Range In Sizes Of Leading Brands of Irrigation and Booster Pressure Pumps
MOORE-RANE "HAND MOVE"
!, 1 V 1
I ' j "Cadillac"
- . r Of
' rJv;w- V lrriga,ion
-ff h ' Couplers
MOORE-RANE WHEEL MOVE
Eliminates Labor
4
tuU Itim. M AKwk' t k,lJ . i ffiT.2,'fat-lf.,r T, J
MOORE-RANE "SOLID SET'
Fingertip
control.
Eliminates
k.- r ' 4 . '-
ff:i-iZ:.y P'Pe
IRRIGATION PUMPS
Tailored to Fit Your Job
1 .T I
tii c m
i f. f
1... aMMHb . t. ... -..w.... ai!! J
CONTACT
Crater Lake Potato Distributors
Main Office, TU 4-5321
Karl Dchlinger, TU 4-3955
Warchousa Office, Bonania, 545-2180
Duane Blackman, TU 2-3252