WIIKLY
PftONTIUSMAN
Great Ability
The fellow who can make
both ends meet today proves to
the world that he has great
ability.
SUITOR DEMOCRATS
TO ELECT OFFICERS
Democrats of the Eska-Sut
ton precinct no. 7 will meet on
Monday, Oct. 15, in the Sutton
Community hall at 7:30 p.m.
for the purpose of electing of
ficers for the coming year,
Joyce Leppanen, secretary for
the group, announced this
week. She urged Democratic
party members to attend.
For FAST Results—Use
FRONTIERSMAN Classifieds!
OFFICIAL PUBLICATION
REPORT OF CONDITION
OF
Mataimska Valley Bask
OF PALMER IN THE STATE OF ALASKA AT THE CLOSE OF
BUSINESS ON SEPTEMBER 2B, 1962
ASSETS
Cash, balances with other banks, and cash items in process of collection
United States Government obligations, direct and guaranteed _
Obligations of States and political subdivisions
Corporate stocks (including $ None stock of Federal Reserve Bank)_
Loans and discounts (including 23,258.94 overdrafts) _
Bank premises owned $39,211.19, furniture and fixtures $272,797.51 _
Real estate owned other than bank premises __
Other assets _______
TOTAL ASSETS _
$3,247,086.73
. 6,578,585.04
227,746.30
10,000.00
10,513,564.58
312,008.70
26,257.20
39,823.43
$20,955,071.98
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time and savings deposits of individuals, partnerships, and corporations
Deposits of United States Government (including postal savings) _
Deposits of States and political subdivisions ___
Deposits of banks _____
Certified and officers’ checks, etc __
TOTAL DEPOSITS
Total demand deposits
Total time and savings deposits
TOTAL LIABILITIES _
-$19,730,769.31
_$ 9,103,628.15
.$10,627,141.16
7,682,680.66
3,405,213.88
416,852.74
7,716,328.35
138,959.61
370,734.07
-$19,730,769.31
CAPITAL ACCOUNTS
Capital: Common stock, total par value___$ 800,000.00
Surplus------ 230,000.00
Undivided profits --- 194 302 67
TOTAL CAPITAL ACCOUNTS_ _ 1,224,302 67
TOTAL LIABILITIES AND CAPITAL ACCOUNTS_$20,955,071.98
MEMORANDA
Assets pledged or assigned to secure liabilities and for other purposes_ 3,601,498.56
Loans as shown above are after deduction of valuation reserves of_ 142,888.72
I, R. J. Miller, Jr. Ass’t. Cashier, of the above-named bank, do solemnly swear
that this report of condition is true and correct, to the best of my knowledge and
belief.
R. J. MILLER, Jr.
CORRECT ATTEST:
WALTER TEELAND ) 1
JAMES J. HURLEY . Directors
R. M. JONES '
STATE OF ALASKA, 3rd DIVISION ) ss
Sworn to and subscribed before me this 9th day of October, 1962 and I hereby
certify that I am not an officer or director of this bank.
RACHEL M. PATTERSON
Notary Public
My commission expires 6/18/66
Wasilla
News Notes
By Jane Browne
The grand opening of the
Wasilla Cocktail Bar in its new
location will be Friday evening,
October 19. Watch the Fror>
tiersman next week for the
time and special entertainment.
* • *
Mrs. Rex Elliott of Anchor
age spent several days in the
valley and Wasilla areas visit
ing friends.
• • •
Mrs. Will (Yula) Berry is
visiting friends and relatives in
the Palmer area this week. Be
fore returning to her home in
Bremerton, Washington she
| will visit friends in the Homer
and Sutton areas.
* * *
Mrs. Bronwen Jones is in An
chorage preparing for the trip
to Ketchikan and the Pioneers
i Convention to be held there
October 11 through the 14th.
Other valley members of Aux
iliary 11 and Igloo 31 Pioneers
of Alaska to attend the conven
tion this year are Mrs. Alice
Snider, Mrs. Dorothy Moore
SUBSTATION AT
EACLE RIVER
IS ENERGIZED
The new Eagle River substa
tion was put into service on
Tuesday, October 9, Virgil
Flint. MEA director from Eagle
River, announced this week.
About 15 miles of the old
Eklutna-Anchorage transmis
sion line, including the new
section crossing the highway
in the vicinity of the Eagle Riv
er Tastee-Freeze, was energiz
ed and tested before the substa
tion switches were closed, Flint
said.
This station is designed for
an ultimate capacity of 5000
KVA and will serve the Eagle
River area lines extending
along the highway as far as
Peters Creek.
The new substation is equip
ped with some of the most mod
ern equipment including step
voltage regulators, electroni
cally controlled oil circuit re
closers, and photo-controlled
fluorescent flood lighting.
It is expected that this new
addition to the rapidly expand
ing Eagle River-Chugiak area
will substantially improve ser
vice conditions, Flint said.
RAINBOW GIRLS
MEET SATURDAY
The Palmer Assembly, Order
of Rainbow for Girls, will meet
this Saturday, Oct. 13, in Car
penters hall at 2 p.m. All mem
bers are urged to attend, as
there will be balloting.
Plans for the swimming
party to be held Saturday eve
ning will also be discussed.
M. LEE L HrflMIY SAYS:
A VOTE FOR
TED STEVENS
IS A VOTE FOO A MAH WELL
QUALIFIED TO IE OIK OF
ALASKA'S MITES STATES SERATNS
TED
STIVERS
rot U.S. SENATOt
TED has been an Alaskan sinca 1953 whan ha moved to
Fairbanks and ha currantly is in private practice as an
attarney in Anchorage.
STEVENS was callad ta Washington, D.C. by the Eisen
hower Administration ta work on tha statahood bill and
he served for four years in the Department of Interior.
TED STEVENS knows and understands Alaska's prob
lems and he is familiar with the Washington scene.
VOTK FM MSFCMMI PMMESS
Send ID STEVENS
to the Senate
WRITTEN & PAID FOR BY DR. & MRS. LEE L. McKINLEY
and Mrs. Harriet Kepler, also]
Mr. Ted Buzby and Mr. Ed
Ueeck.
* * *
Mr. and Mrs. Jack Minninck
and family returned to Wasilla
via the highway following a
trip to the south 48. They visit
ed family in Florida, Pennsyl
vania and Illinois.
♦ • *
“Experience is the best tea
cher” and the Gillow boys
learned by experience last Sun
day when Pop took them wood
ft- ne uxe Dounced from
the wood to his thumb and it
tooK m ,e st.tches at Valley
Hospital to get Pop home again.
« • *
Lillian Scott, formerly of the
Wasilla Roadhouse, has return
ed to Wasilla to visit friends
following a trip to the south
48. Lillian couldn t find a new
state she liked as well as Al
aska and says she is back to j
stay.
Amfealance Rats
Sept. 29: Peter Pithoud, Pal
mer, home to Valley Hospital
Sept. 29: Joe Chilligan, Eklut
na to Valley Hospital
Tip to Motorists
The motorist who thinks
doesn’t drink because a drink
ing driver doesn’t think.
Diplomatic
Good diplomats never get in
hot water—they have the abil
ity of knowing how far to go
too far.
The works of some men turn
out to be nohting more than
constant prayers of self-praise.
LET'S BUILD IT!
A New Capital
SUPPORT THE AUCTION
Saturday, October 13-2 P.M.
DOWNTOWN PALMER
PROCEEDS GO TOWARD
CAPITAL MOVE CAMPAIGN
SPECIALS GOOD OCTOBER 12-13-15
MILD CHEDDAR
CHEESE 69
SLAB an
BACON 65
n
n
OCOMA CUT-UP
IFRYERS 49
n
PINEAPPLE OCC
211 size .. .3 cans OJ
FRUIT COCKTAIL OFC
303 size_3 tans OJ
S * W GREEN POINT
ASPARAGUS Ore
300 aiza .. .2 cam 0J
S & W
corn ore
303 siza 4 eaat /J
saw
PEAS
303 siza .. .4 cans
S & W STEWED
TOMATOES
303 siza .. .4 cans
S & W OVEN BAKED
BEANS
28 az. siza . . 2 east
HILLS
COFFEE
2 lb. can.
Brownie Cookies ,*.35
Snowdrift Shortening 3 *73c
POWDER ROOM
Bathroom Tissue 4 $59°
FRISKIES LIVER
Dog Food 5 '£ 85e
I IVORY SNOW
Washing Powder * '1.29
BANANAS
* 29*
YELLOW
ONIONS
3*. 39*
TRADING POST
' FOOD CENTER