• OFFICIAL PUBLICATION)
Report Of The Financial Condition
OF THE
Miners and Merchants Bank of Alaska
Located at Nome, Territory of Alaska, at the close of business on the
31st day of December. 1948»
* RESOURCES
Loans and discounts . $ 414,028.75
Loans on real estate . 247,906.20
United Sta es bonds and securities . 597,400.00
Other bonds and warrants . 100,462.59
Banking house, furniture and fixtures 28,549.92
Other real estate owned . 43,467.84
Due from other banks . 358,203.60
f Check on other banks and other cash items . 9,093.19
Cash on hand . 94,630.19
Gold Bullion . 391.67
Prepaid Insurance .. • . 766.48
TOTAL .$1,894,900.43
LIAILITIES
Capital stock paid in .$ 100,000.00
Surplus fund . 25,000.00
Undivided profits less expenses paid . 148,679.93
Demand deposits . 1,224,861.35
Time deposits . 396.359.15
TOTAL .$1,894,900.43
UNITED STATES OF AMERICA )
TERRITORY OF ALASKA > SS
SECOND JUDICIAL DIVISION )
I, Alva A. Daue, Cashier of the above named bank, do solemnly
swear that the foregoing statement is true to the best of my knowledge
and belief.
ALVA A. DAUE, Cashier
'CORRECT ATTEST)
G. R. JACKSON,
l WILLIAM T. HALEY,
Directors
'NOTARIAL SEAL)
Subscribed and sworn to before me this 3rd day of January, 1949
BEVERLY A. MORGAN
Notary Public in and for the Territory of Alaska.
My commission expires December 27, 1951.
FOR YOUR FAVORITE
ICE CREAM SODA OR SUNDAE
Prepared the way you like it
DROP IN AT THE
GLUE POT !
Also Your Favorite Cigars. Tobacco & Cigarettes
t .----'_
Tornadoes And
Blizzards Blast
States; Many Dead
*
• Continued from Page One)
sas, eastern Wyoming, Colorado
and northwest Minnesota.
The mercury ranged form 10 to
15 belowr to 5 above in western
Kansas.
Snow falls ranged from 3 to 8
inches. Chardon, Neb., reported 32
inches of snow on the ground.
Trains and busses in many parts
of the storm area halted opera
tions awaiting a break in he wea
ther.
Many highways were blocked.
Schools in several communities
were closed. Business and indus
try were forced to slow or curtail
operations in some sections.
The storm moved northeast
ward and northwest Iowa was in
for some of tloo strong winds and
driving snow. Colder weather was
forecast for sec ions of the north
central states.
Some 2.000 travelers w ere
stranded in northeastern Colorado
and southeastern Wyoming—areas
hardest hit by the icy blasts for
the last two days. Airplanes were
to fly over the snow-swept plains
—weather permitting—to hunt for
ranchers and motorists in trouble.
Stockmen expressed fear cattle
losses would be heavy.
Colder weather was forecast for
i eastern Kansas after a varied
menu of weather—for the state—
tornadoes, hail, rain, snow, thun
der and lightning over a 24-hour
period.
Tornadoes which hit in the east
ern part of Kansas caused minor
damage in comparison to the dev
astating blow at Warren. Two per
sons were killed when a twister
hit near Haynesville, La., and two
others lost their lives when one
struck near El Dorado, Ark. Some
two score were injured as the
tornadoes skipped over parts of
northwest Louisiana and Arkan
sas.
Some of the cold weather in he
plains and mountain states drift
ed into sections of the Pacific
coast. The mercury dropped to
j tv/o below at Spokane, Wash., and
to 4 above at Winslow, Ariz. It
was below freezing at Fresno, Cal.
WARREN, Ark., i/P) — This
southeast Arkansas lumber mill
town of 7,500 turned today to the
sorrowful task of burying 54 of
its inhabitants who died in Mon
day’s tornado.
The storm here was by far the
most disastrous of several which
lashed through north Louisiana
and Arkansas in Monday’s twi
light chill. Five persons were kill
ed elsewhere in the two states
bringing the known total of dead
to 59.
i -
; The winter season’s worst bliz
zard abated over parts of the west
lern plains today, indicating some
relief from the paralyzing effeots
of the three-day storm.
The Dakotas and western Ne
braska still battled the storm. In
Wyoming, Colorado. Kansas, Utah
and Idaho the monumental job ol'
digging out of the huge drifts was
started.
But as the blizzard subsided,
federal weather officials said the
i storm would blow out of the Da
kotas and Nebraska within 24
hours.
Temperatures generally were
above the zero mark over the
snow and wind swept plains
states. Forecasters said no severe
INFLATION HITS
PANHANDLING
i CHICAGi). (JP) — J
, raised its bubble head in the pan
handling business. A middle-aged,
; neat, d'gnified fellow work.nr *h*
Loop now asks the folks f >:
lean of a dollar so he can eat.
\ cold blasts were in prospect im
mediately. The citrus belts of Cal
I il’ornia and Arizona had more sub
| freezing weather today.
The Red Cross’ midwest head
quarters estimated 3,000 w err
stranded by the huge snow drifts
i in parts of Wyoming, Colorado
■ and Nebraska.
There were another 2,500 trav
elers stranded in parts of Utah
: and Idaho. The Union Pacific
. railroad said eight trains in the
two states were halted by the
heavy, drifting snow. Colder ivea
, ther hit Utah and Idaho.
Trains also were stalled over
the plains of Nebraska, Wyoming
and the Dakotas.
Despite the intensity of the
winds and the heavy snowfall
only two deaths atrributable t<
I the storm were reported—both in
! Colorado. However, an undeter
i
I mined number of persons sufferer!
{from exposure.
At Rockport, Colo., 465 persons
j were stranded, with more than
( 300 of them living in a tavern.
NUGGET ADS
GET RESULTS
JACK LENCER
Watchmaker
Box 625 Nome, Alaska J
' -
! WALLACE LIQUOR STORE 1
; Phone Ma. 55 * For finest Liquors y
2___t
MEET I HE PRESIDENT: (No. 1)From Boyhood Battles To Battlefields
• First of a Four-Part Feature)
HARRY S. TRUMAN’S boyhood piano lessons were
battle lessons, too.
As he walked down the street in Independence, Mo., his
music roil lucked under his arm, he had to counter the
jibes of kids who couldn’t understand his preference for
Bach over baseball. Shy, quiet, bespectacled since his
eighth birthday t ie future President was c >nsidered sis
sified by his classmates.
He developed an early devotion to books. While his
friends we e racing their horses cross-country, he was
reading every volume he could f:nd on American his ory.
Before lie had finished high school at 15, he had gone
through about 6,000 boo s. Study his been his lifetime
passion.
Perhaps his interest in history was enhanced by the
fact that he Truman family roots were planted in the
soil of Missouri i:i p once- days. All four of his grand
parents movc-d west from Ken ucky in 1842, settling in
the fer’ilc farmlands of Grandview, near the site of Kan
sas City. Four generations of Trumans tilled a 600-acre
tract acquired by the family in 1867.
For a short time, Harry’s parents left the farm to live
in nearby Lamar. He was bom there on May 2, 1884, the
first of three children. When the Trumans moved to In
dependence, Harry was six years old. He was enrolled in
the Independence public school.
Always a good student, he had to give up plans for a
college education, one of his chief desires. His father was
known as the “best horse trader in Jackson county,” but
had suffered financial reverses at about the time' Harry
eceived his diploma from Independence High School.
Harry obtained an appointment to West Point, but fail
ed the physical examination because of weak eyes. There
upon he rolled up his sleeves and set out to earn his keep
and help fill the family larder. He ran errands and wash
ed windows in a ding store. He left this job for a better
one, as a wrapper of newspapers in the mail room of the
Kansas City Star. When he was 17, he worked for a year
as timekeeper for a railroad construction company, riding
to work on a handcar which he pumped himself.
His parents moved back to Grandview from Independ
once in 1904, to help his grandmother and uncle manage
the farm. By now Truman was a bank clerk, earning $100
a month. Two years later he became a farmer, joining hi*
father as a partner. For 11 years he rose at dawn and
worked until dusk— work habit he has never lost.
“That boy could plow the straightest row of corn in the
county,” his mother recalled, years later. “He was a farm
er who could do everything there was to do just a little
better than anyone else.”
World War I ended his uneventful farm life. “Captain
Harry” went overseas with his Missouri National Guard
unit. Commanding Battery D of the 129th Field Artillery
35th Division, he saw heavy fighting which included the
St. Mihiel and Meuse-Argonne offensive.
Captain Harry’s men reciprocated his loyalty. All
through his career he has supported his friends steadfast
b* On the troopship coming home, his battery took up a
collection for a loving cup to be presented to him.
When Harry Truman set foot again on the American
o l he had tilled and cherished, he was 35 years old. He
was destined to start a new career, far afield from farm
chores. (>F) Newsfeature?