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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 31, 1965)
— and ndise - . HERALD By Flo Or Fall Klamath NEWS, AND L. Wynne Sunday January 31, PAGE-—iB 1965 Shareholder Revie Centu l Of First National Progre First National gon’ geants Bank of Ore- met bank& Portland in J. for Vo: ithe statewide banking syste described 1964 ‘a fitting cli- ht Repert max sok to first our said payme interest four increasing the areas, year- as the ane annual Ralp He will increas further this year! end total of offices to 101. f the recent rate branches result In two addition, a First National fo 1-| were relocated in moder new increase. lowed other ban in the state) quarters and mi president of early in Januar and raised its| ment and modernization proj- history was re- 100- Tuesday as ‘sharehold- viewed ers 100 interest. years bank’ The saving rate on four per to counts of ects ac- data cit- completed at eigh throughout the were other cent. electronic locations state. construction a Major project challenge for| processin equipment was scheduled b the the ed as a stabilizing influence on already are as bank durin 1965 in. Portlan its second century; earnings. Voss said the equi ment has enabled the bank to Salem and Klamath Fails, and its volume of business ‘work is nearing completion at increase In his message to stockhold- without increasing its ratio of sites in Eugene Stayton, Med- Voss noted new records ers, es- expenses to gross in- \ford Bend and West Linn, earnings, loans, de- tablish and service greater achievement bank NE ‘A STU Bira enters in 1965.& open arti Klamath Fal ha art Mrs. Violet an former Cone Studio, Room 209, in oil and water colors, in the studio fo instructi instruction Street. Sh in the sam Main rece! jived on upstairs in the Willits Buildin Adult classes will Classes for children will be on location several years ago. remainder of the week except on be from II Tuesday. Private to 5 p.m. the a.m. call 884-8366 For information 882-2024, or will be available. struction more - — Stor Se Go 196 (UPI)—The de- first time in several years, the stores are: specialty of America expec 1965 to be more about such internal: prob- another goo year. In fact far| lems as inventory control and of them are looking for increasing the productivity ‘o more YORK partmen and th than bidd Successful clase of 196 the ban data processin cen- handling daily was accounti \First Hem for 250,00 checki accounts at 66 branches’ in the! val e Willamette sections of the in $ ous. Per share year. to $3.9 from the rose million | s Total for of more oth- | eres Aakes TV& aT es 2.3479 According hav profits fantastic.” “4ittle short of per:ce sales ga industr is a goo yeat rr,” 4 to:5 in our the association said. “‘We don’t know right now how much 196 ‘tment and spe- earning cialty stores ‘increased in ’63 but over 2-4434 ; Portland one- intend stores district the group in- to’ of the on Thursday, J. P. Finsland, the company’s acting i an Only good dr openin the meeting B gains in ga large ‘At ‘bu the had that sales new recrod set 1965 in ‘Bank told manager, Falls’ a a follo b ads, paper for'dir mail and cent per six per cent, per Finsland: ascribed 1 the taled $48,940,33 For ber, 1964 the total was com- service a year sales: and though A later, 66 per year looking for ‘This 8 year per rteas ae O Rt au naturally year retail on store Federal 1 per The meeting, Friday, Jan. 29 cent, per go down. cent were) but raise a expecte still cent 1 would cent and a rad 5 per see Trip the effect th o income tax cut. Only said the tax cut cent caused significant in 49 per cent said it caused a moderate rise. Are Savings Spen As for what tax savings were spen on dry good stores, the ‘women spent it for clothes, in most cases. Only 6 per cent of the stores thoug the tax cut increased sales of furniture and other durables. And it is in women’s clothes ua a rise but that the departrnen and wear. UNIQUE stalled | Mel as Firm Promotes Collins modernization part Stewart the are new two accordi program, biggest stockholders mach Kethe indicated: Rutherford. to Earl Glenn in the company. fully a automatic and supervisor, poan i shin fra can g at Pacific i eo ee Sar o ih Ine Implement and (UPI).— DETROIT a mon th too! lion can protective for a lifei income lost Will yout income complete Saves VALL record for? To Weura fepl deal lif premature insurance family your roof of epr needs? Se us any agai $2 milli 19 ‘The billi a industrial earlier Telegraph the 12-month perio end also that t Grigg, Agent lop ie oe bi lion earned by a t Mein result of accelerated de- a of to stock. common. with $2. 065,06 - or compare 196 196 ‘o truste compar million: in 1963. railway’s operating same. for u th se ta Delet millio facgr -freig importanc to line on cent years abi lity to attract the period in 1963 genera will represent re- Te-| our’ busines com ™ em NO fection sa wi af devei convinced b that ed th o fly fl the Us. Ti re Researel helpe ‘This SP and its TH FUTU in nursing int peo Khrushehew Carter- Pay your Service Inc bills ‘and keep your era goed credit additionel for good fire SH NE belon or news Since PRESIDENTS. COUNCIL ON PHYSICAL ‘65! & Models CA 1918 “WAREHOUSE eee Bor te BE Great Storing - rule | ttl N Sa Tre Pick MI BR Ine AAAut Crating 928 Se Steve ‘Walker at. 882-6810 Klom. Ave. te aching oF F lelevision, the future vigorou enoug as part of a sound education? You parents can help that they do. Write: The President’s Council on Physica Fitness, Washington D C. for information: Makes : from work a million in 1965 fo f adde costs olved in BELON 10 TH reporting see All pro- ) Gottywampus items subsi fitness You Can in STORAG (P oth to the fit. The future belongs to thos LEASE il we the America Themsel CAR PROTECTION SERVICE provides of about $ SP, allowing Go Puptnhed a a and do fireme ‘payr savin fewer December, 196 the total $69,00 compared to $24,69 ELECTRIC H Happ for December to | ADT firem eae aint | C Pa H te programs of have enhanced comp it Cou re the final quarter of {19 were $64. million as com- pated with $63,1 million’ in the nues — fu- to ta improvement reported Was Oreg rail- pa mate old helpe ads’ efforts down were costl to the railroad. benefits will not be felt un- and facilities of SP and Repe of th state its subsidiary, the Northwest- i not, become. effective Pacific Railroad, suffered ern and SP is pay than $1 more in’ dam- benefits nf $2. severance ing age. million to young “In the such with two year ‘servic costs,” Rus said, “hol the ir the University of of Business Bure has In and traffic creases revenues lost~ because of the December storm pointe out. While voters in California and and floods, Russell Buildin permits increase in $ D &q 19 Collection ~ as share $129) in 196 es DOWNTOWN OF SP DRE Manstor in wi also Lines ° Nikita 733 million million benefits addit an Mouldi by Ameri- and last Noy. 30. It $9. figure toppe the $1. bil- Telephon by ee the $ ‘a 6 “snetety reporte U $1 fringe inflationary spiral— onl pos- sible because our hug capita th ra pl ai Sa “G opera reverii wit pes General, repo rted es preciation, equivalent compares Southern cost about an ; - For GE money too call for go and has three the Total U States. Rutherford and Walker is shown Stewart-Warner United ges hard- $12. assistant as wai ae Profits iaries develo net income from all operation in 196 of 302,982 before giving effect ta reduction in federal income tax- to - Reports Record Pacific superintendent. Buil G ‘Divide To Note at {Motors Corp today 196 profits of $1.7 Theater Bidg. is or Ne Low plus 4.8 percentag compared with De- D. R. bis the Tower Crank Norman Walgr Whatis 2631 Machi Street, Main and Novem Van a Repo of roof of KLAM whish L416 aut omatic $44,61 Mart safe the under Grinder Inc., Planned secure... save Motor — sh up-to- and includi D-8 Caterpillars fully Cummins Diesels. the machine i the first sol in Oregon and 13th in the Massachu of It is F buyin is by a new agency named Beautiful. Allen} quit generall expetted. Keep America It is interestin that, for thelH. Reed Jr., runs KAB. you INSTALLED MACHINE crank cember, 1963 GM way down on th list. Arise in credit and supervisor marrie child a oatin stores expect to make their best sales gain in 1965 with blouses and sportswear in to place followed in order by They& shipping He Idah spe- cialty adult_dresses—ard—girls are ‘Thing for the mezik a ‘rai industr mill, Pacific clerk’ 1964 in the lumber control t the of 196 and Club. Furniture big- per cent ended hardboard March, was held at the program in the month last same year, Hardware} Northwest Buildin permits from 149 Dealer ‘Associ- identical reporting centers in Net Total debits for December, ation&# 61st annual convention is: totaled New. $19,840,1 in York Life policy owners) Orego I $28.9 1964 came to $2,891,192,17 Feb. 1- at booked for Jan. 3 lecembe 1964 This was minus will $29.3 the larges divi-| receive November, 1964, the total was| Motor Inn, $po- the Ridpath lower than in Decembe .5 1963 the in- company dends $2.729,760,61 and for‘December, million ever authorized in. association kan to according 196 &q total came to $2,762 reported January 26 to the In- compaay’s 19-year history, ac-| F. Higgins The state total in December, terstate Commerce Com- president Harry. 248 276 Higgins, Moses. Lake, Wash. cording to General Manage 1964 included $8,169,8 for 62 mission. ‘The railway’s earnings Ralp Linkhart, manager of who also Curtis hardware dealer, Church of the compa- new dwelling units; $9,508,14 last year $4.71 per share were 241 South Furniture, Budget said be- farms in that area, for residential cone! new non as compared with $4.8 in 1963, ny’s Kugene general office, Sixth Street, will spen a week 600 to 70 dealers are ex- struction; and $2,072,1 for ad- Although 1964 operations pro-|‘ een The 1965 dividends will total furniture market San in at ditions, alterations, and repair duced. an increase of nearly $ pecte to attend the three-day Francisco where he will buy over to meeting: Dealers will ¢ 0 me} '$102, an increase million in net income revenues, for the latest trend in furniture the over month last previous declined because’ of higher op- from throughout Oregon Wash- $5,750,00 the buying publi in Klam- and Alaska. 668 total of per- Donald R. Collins, a former| erating Church said, This is the year, year, resulting, in ington, expenses ath Falls. Klamath Falls resident, mits was. ‘Association members has part; of $9,09 from: third record inerease in a ro | costly flood very busi- The firm has been in’ Hardwe Bell’s 960 80 been promoted in the Walgree for new. area are units; dwelling damage to Great ‘Northern’s and double the amount pai 1 here. for three ness years $8,860,01 was ‘for new Drugs chain in California from lines in. Montana in June, and to Coast Store, Deboer non. H will buy new offerings in assistant of the San an residential and constriction; Auto, Hahn Electric Com- years ago. ern manager increase in wages and em- overstuffed, dining and bedroom |Francisco J.C, for additio altera- to manager of store Equipment Inc., About $2,100,0 will b come| benelits costing $5. mil furniture and room accessories, Tractor and the Palo Alto store. to tions, W. Kerns, Klamath existing to New York. Life p lamps pictures and other items Novak jin structures. Co. Collins, a graduate Implement in owners ‘divi-| in Orego as Potter Ma- Heart Parts Supply Don Academy, /1964 were just o dends on ‘individual: life insur- In Army following ce chinery, Swan Lake ANTI-LITTER: and annuit policies The lion as. compare ance Valley Pump ani 195 he bega working for the mately $24 million in the NEW YORK company has been doin busi- pre- Company, (UPI)— Western company as a stock:| cedin Equipmen Co., is becoming litter conscious so since 1852 revenue Freight year. hes in to 100|man in the Oakland branch. much so that, than more last year was $222 million as Mae Potter, Don ‘compani now make a goo in of the chinery,..is_a_member thing-out—of—selling-litterbage — of with advertisin slogan printe mile association board was services: in d, 4-Second The them. on advertising is with just lion as over was Athletic Washington decline. a which in as 195 and 1958 a coming said it kee $2.4 a share in 19 at - Marshfield, rates at lowest possibl levels such federal income tax Aft Wis., branch. so we can compet effectively reductions, net income was $95, A 195 graduate in forestr with other forms of transporta- 086 or $3.5 a shar com- from Jowa State University, tion, even though much highe pav with $88,259,19 or $3.2 Hemphill is a Navy. veteran: costs have createt! a year earlier. substa He joine Weyerhaeu at pressure for rate increases. w made This income. gai Klamath Falls in 1953, working in Recent wage notwithstanding th wage in- in the plant train- the board ye On 5 per. c pany’s continued growth to the 90 tolal and for December, 196 the n with th cieai ok it ranchsiyle aaver &q 20 ‘bank re-| “which have Jele the NRMA to its pre- stations, received ‘bee Orego had in -jporting percentag 196 view aie for onl 57 w G chang of plu 5,9 in December, of the storekeeper ina per cent pros (alnieee to November, compared 196 sales rise in’ the looked for for ce Hemphil most recentl has lal red that ‘Souther manufacturin manager considers it imperative assignment. Klamath increased in| counties toda [bee management. including area for and Lake © Pacific Southern quality Klamath their promotio compared to the fourth year in a row. Sales December, 196 substantially in 1965. Of were December,. 1963 the University up over 1 per cent in the those who do, by far. the larg- Bureau of Business Western. Marketing lof Orego put icompany’s est group, 54 percent; Research-has reported Regio while the industry& rate news-| the increased outla Debits for December, 196 to-| ‘o growth was approximatel 2 crease Southe Pacifi Sa Wil Battl Increas Productio He was named plant superin tendent at West Memphis Ark., in 195 and. plant manager, there in 1959 Hemphil worked) ‘on special assignments out. of the Tacoma main office in 1962 and became manager of manu-| Marshfield in facturing ets es of festivities a, Redding for the debits Openin rar Ba Debits O Upgra attle last week. $83.95. Estim was Grand eee § a Calif, ang if it was 25 to 50 -per cent.’ Other segment of retailing, the food stores, for example, obviousl did not have such from Treadwell, E. estimate of the pa Street. *! Calif., will repair the parking lot, building 213 at the Red Bluff Force Station, Red Bluff, Klamath Falls resident J. H. Schenk was among. 12 members| be ‘o Shell Oil Company& North- west sales. staff attendin an annual sales conference in Sea- wouldn’t we farpc W. rapo&# PS was Merlyn W. Hemphill has been intends to continu its efforts to appointe production manager] hold the line against freight at the Klamath Falls Branch of} ral l increases despit major Weyerhaeus Company, Georg wage boosts and other higher re- Kovick, branch manager, operating costs. recently. |port Chairmai nD. J. Russell de- maintain fire de- necessary to tection system in various build- ing at Kingsley for $4,93 Loc Ma A Sessi NRMA, the to and sales 1964 be “A $83.87, and | wit t than was T Handl t unpa at average. value Hemp | pla |? valug of the dep eber contest Georg cortect Actual 5 Klam Falls was the win- Amy Crapo Rte. |, Bo by Duga and Me Chevrol Company. Mrs. Crap is ja Mest, right She guesse within eigh Duga lefty groceries loaded into the trunk of a new Impal Spor Mrs. — grocery the ranged from $9.36 to $250. The contest South company& new plan bil- $ the sales was Coupe. previou topp recent of cents $3.4 deposit lion ina ner shown here with prev earnin the over GROCERIES WINS $8,534 gain of a than | year’s figure other T mur Accountin earne National 570.during 1964 third consecutive er phase of the bank& oper year, closin out the year at ations has been converted o is $1,12,979, for a new all-time |scheduled for the earliest pos- high Loans -also established a sible conversion to the modern record at $679,829,12 a gai of million. Voss de- than $4 more equipment cla National total ‘re First total National&# interest exceeds. the jure sources jumped nearly $10 mil- included paid o depositor of any other of program expansion durin lion fo a new hig of $1,260,256 Box 64 financial institution in the state. 1964 extended bank services 615. Eldon Route 3, Alt, about’ the than workers Klamath Falls for §22,58 for services to Preci- last year or two years decay of the center of the city, contractual case sion Measurement after and traffic congestion. Equipmen ago. This is only natural to 4 per cent of the Laborator at Kingsley Field, the spectacu 11 per. cent said they will stores querie Cascade Slurry Seal Inc. sales gain this year. suburban branches new Eugene Ore., was awarded con- In the main, they are willing lopen a bituminou slur-| onl for this year. Evidently the great tract to to make prediction to the suburbs is subsid- move ry seal on the first half of the new year. o Runway 14-3 According to a survey by the|& ing More stores to “trade expect and As- ADCHY Merchants areas Retail ways National than ever before. Trading area at “Kingsley sociation (NRMA), they expect up” little bet- a means carrying up cent of 5 increase per a sales ter grad and high priced Fire Detection Service Inc., and an earnings rise of 10 per in the past. half on th first cent in the Spokane will furnish everythin] ahead electronic ter direc- tors Bas Note Bi Award NEW goo year National reported early in January, A ae th First meeting, declared a quar- regular terly cash dividend of 5 cents to} per share payable April shareholders of record at the close of business March 16 Voss disclosed that interest pai on savings and other time continues to be t bank& largest item. of expense| Bids were awarded’ recently and ha increased 11. per cent for over $50,00 in contracts by the over previous year to a rec- the Base Procurement Office at of $18,355,400 This fig- ord total Kingsley Fiel Departm Speci a oper i Satur
