National Guard
Fay roll
Pay checks arc being distrib
uted to men of the Headquarters
and Headquarters Detachment
and Company “A” (Nome Pla
toon*, 1st Alaskan Scout Battalion
of the Alaska National Guard.
The pay checks cover the pay
roll period from July 14, 1949 to
December 30, 1949. It is estimated
that approximately $10,000.00 was
paid to the Guard members. This
pay will constitute only a portion
♦ of the money to be received.
Theer are a few vacancies exist
ing in the Nome Unit, therefore
applications to join the National
Guard may be made by applying
at the National Guard Armory
building between the hours of 1
and 4 each week day.
Allan G. Marcum,
2nd Lt. QMC NGUS
Five Million Now
Available For
Alaska II ousing
_“
(Continued from Fage Onid
Alaska Housing Act.
“We may assist corporate spon
sors with the financing of their
projects if private financing is not
available. We also wish to help
home builders otherwise by giving
planning and design advice on
their projects,” Wilder said.
Wilder stated that the prime
purposes of the programs of the
1 Alaska Housing Authority is to
I encourage the greatest quantity of
I private financing and private con
j struction that is possible. It is by
1 assisting, financially and other
wise, prospective housing sponsors
i that the AHA hopes to encourage
| and develop a self-supporting
home building industry for Alas
ka. The Alaska Housing Authority
(OFFICIAL PUBLICATION»
Report Of The Financial Condition
OF THE
Miners and Merchants Bank of Alaska
Located At Nome, Territory of Alaska, at the close of business on the
31st day of March, 1950.
4 " RESOURCES
Loans and discounts .$ 479,810.30
Loans on real estate . 161,076.88
United States bonds and securities . 562,200.00
Other bonds and warrants . 100,462.59
Banking house, furniture and fixtures . 30,050.30
Other real estate owned .;. 40,506.51
Due from other banks . 276,145.28
Checks on other banks and other cash items. 62,170.32
Cash on hand . 56,675.42
Gold bullion . 532.06
* Prepaid insurance . 1,393.46
TOTAL .$1,771,023.12
LIABILITY
Capital stock paid in .$ 100,000.00
Surplus fund . 25,000.00
Undivided profits less expenses paid .!. 145,775.30
Demand deposits . 1,132,368.31
Time deposits . 367,879.51
TOTAL .$1,771,023.12
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)
WILLIAM T. HALEY,
Director
• NOTARIAL SEAL)
Subscribed and sworn to before me this 3rd day of April, 1950.
BEVERLY A. MORGAN
Notary Public in and for the Territory of Alaska.
* My commission expires December 27, 1951.
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■
PRESBYTERIAN MISSION
OFFICIALS TO SAVOONGA
Dr. Roland Armstrong, field
representative for the Presbyteri
an Church with headquarters at
Juneau and Dr. J. Earl Jackman of
the Home Mission Board of the
Presbyterian Church from New
York are planning on departing
today for St. Lawrence Island
where they will dedicate the new
church which has been built at
Savoonga. They are accompanied
by Alice Green who has been a
church worker on the island for
several years.
was approved by Congress as a
mortgagee, and as such will use
the available funds to lend to pri
vate housing sponsors. Loans may
be made for the first mortgage
and pre-construction financing
and advances during construction.
It was emphasized that loans by
the AHA may only be made to
corporate borrowers and when
private financing is not otherwise
available. A further provision of
the Alaska Housing Act makes it
possible for the Alaska Housing
Authority to directly construct
housing for any community which
is unable to obtain private con
struction. Congress permits the
AHA to construct housing in the
Territory when such private spon
sors and financing is not other
wise available because of the
recognized acuteness of the hous
ing situation, and to provide a
positive alternative to obtain neces
sary housing. There are, however,
certain fundamental requirements
placed upon the local community
before the Alaska Housing Au
thority can go into the direct con
struction of homes or apartments.
First, there must be conclusively
shown to the AHA that an effort
! has been made within the com
1 munity to obtain the private con
| struction of such housing; second
! ly, the community must establish
the need for any housing request
ed for direct AHA construction;
and thirdly, there must be a for
! mal request by the local govern
inb body of the community to the
Alaska Housing Authority for
, such construction.
The Alaska Housing Authority
is now issuing a statement of the
outline of the functions of the
Alaska Housing Authority under
the Alaska Housing Act. This out
line will be sent to all interested
persons or groups, and to each
mayor and chamber of commerce
throughout the Territory. In this
statement there is contained the
several methods of financing aid
which the Authority may offer for
home construction, and other gen
eral information about the pro
gram.
The $1,000,000 Federal Funds,
which is the first half of an appro
priated $10,000,000, is made avail
able to the AHA through the Ad
minisrtrator of the Housing and
Home Finance Agency in Wash
ington, D. C. To expedite the pro
gram, the administrator has es
tablished a program office at An
chorage, and has appointed Mr.
William D. Burkheimcr as the
Alaska program representative.
Mr. Burkheimer will assist the
Alaska Housing Authority in the
program and review all cases
which involve a use of the federal
appropriation.
The AHA has district offices
established at Anchorage, Fair
banks. Juneau and Ketchikan, and
interested persons are requested
to contact their nearest district of
fice, who will have inforrrfation
regarding the aids of the Author
ity.
Complete details are available
at the Chamber of Commerce of
fice in Nome.
■ -■ - -.—■ • --
Federal Construc
tion Will I Jse More
Alaska Material
(By Vern Hauglandi
U/P) Special Washington Service)
WASHINGTON, (JP) — Federal
construction in Alaska hereafter
is to use more Alaska products,
purchased from Alaska concerns,
under a new agreement.
This decision was reached by
representatives of the major de
partments and bureaus interested
in Alaska at a meeting in the of
fice of secretary of the interior
Chapman last week.
Chapman called the conference
to discuss means of “focusing” the
federal construction programs in
Alaska. Chief consideration was
given to the use of Alaskan build- 1
ing materialj.
“Not all government agencies
issue specifications that will per
mit the use of Alaskan materials,” i
assistant secretary William E.
Warne told a reporter.
“They all agreed to comb their
: specifications to sec that local ma
terials are included.
“Because it's difficult to fore
cast the kind and amount of con
struction that will be started in
Alaska, it's hard for people who
plan small or medium-sized ven
tures—brick factories, for exam
ple—to see in advance whether
they can make a go of it.
‘We asked the agencies to give
us a pretty good picture of the
types and amounts of building
materials they will use up there in
the next three of four years.
‘This will give us a good basis
I for talking to people who want to
go into business in Alaska.”
Wame said the geological sur
vey and the bureau of mines also
are hunting for new souices in
Alaska of desirable types of build
ing materials.
The bureau of land manage
ment is investigating the* possible
use of birch stands in the Talkeet
na and Knick Arm areas for “fin
ished materials or even as veneers
that may be exportable from
Alaska.”
Frenk Heintzleman, chief of the
Alaska forest service, told the
grou pthat Alaska spruce, birch
and hemlock are fully as good as
the customarily-specified state
side fir, for most purposes.
He urged that agencies make
sure that where practicable, those
local materials be used which can
qualify. Other local building ma
terials which may be considered
include bricks, concrete blocks,
tiles and other clay products, and
possibly building stone.
Warne said that because of the
transportation problem, immedi
ate attention is being given to de
velopments within the Alaska
Railroad belt.
He said that through Governor
Gruening and the Alaska Devel
opment Board the estimates of re
quirements and other desired in
formation is to be assembled and
made available to interested per
sons.
Represented at the conference,
in addition to interior's numerous
bureaus, were the Reconstruction
Finnace Corp., the army, navy,
and air force, the Federal Hous
ing Administration, the Housing
and Home Finance Agency, and
the General Services Administra
tion.
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