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Published every Saturday at Kodiak, Alaska
‘ Yearly Subscription Rate $7.00
Second Class mail privileges authorized at Kodiak, Alaska
Send notices of undeliverable copies to:
. THE ISLAND PUBLISHING COMPANY
Box 1307, Kodiak, Alaska
Sig J. Digree, Editor and Publisher
Betha Digree, Executive Secretary
MEMBER OF ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use or republica
tion of aSl news dispatches credited to it or not otherwise credited in
this paper and also the local news published herein.
Here, There and Everywhere
By SIG DIGREE
A Sourdough's First Visit ‘Outside'
What happens when a native
Alaskan, a true sourdough, visits
the big cities of the continental
U.S. for the first time?
Are his impressions the same as
* experienced by those who visit
there regularly? Does the bigness
of the cities overwhelm him, or is
there a corollary between his pre
conceived ideas and the reality?
Being born in Alaska, and
• ending his entire life in this
■v territory, now a state, and
for the first time after 44 years
seeing some ol the north and
southwest states, was the unique
experience of Carl Olsen, now a
resident of kodihk.
Carl was bom on Hinchinbrook
Island, located on Prince William
Sound, forty-four years ago, in a
little village which doesn’t exist
anymore, called Nuchek. From all
reports that is about as desolate
and remote an area as may be
found in Alaska. It is probably
more populated at the present
tme than ever in its history, for
h White Alice installation is locat
ed there, and the Coast Guard
maintains a weather station there
also.
' When Carl lived there, mail had
to be trekked in by trail. In the
€lse<n family, there were eight boys
•a ad two girls. They migrated to
Cordova some years ago, where
most of them are now living. Carl
has one brother, Pete, living here
a-, present.
Asked if he was prepared for
w hat he saw when he landed in
bustling Seattle and sprawling
Los Angeles. “Pretty much, he
s lid, “I did a lot of reading be
forehand.’* “Did you v',iire ary
trouble getting around?** we ask
ed. “I could get lost easier there
than in the remote areas of
Alaska. I had trouble getting my
directions."
Carl traveled around a lot in
the three months he spent along
the West Coast. He was with
Charles Hirshey of the Assembly
of God church here. They were on
a fund raising tour for the
church’s work in Alaska. He has
been with the church for eight
years, and hopes to return to a
bible school in California to con
tinue further studies.
Olsen was skipper on a halibut
beat, the Tempest, last year and
expects to fish halibut next sea
son. He fished crab aboard the
Quadra and the Eldorado last
year. He has been here two years.
The sourdough from Alaska
found the people in the other
states very friendly. But he was
amazed at their ignorance of the
new state. They kept asking him
about the igloos up here, the desr
pecately cold weather. As to the
fatter, his repljr^raar ^“The same
9* hortto*
■" * v • T .
MEN ARE MORE SUCCESSFUL
THAN WOMEN AT DIETING
Chicago—Men are ipore success
ful at losing weight than women,
a new review of medical reports
shows.
Writing in the current (Jan
uary) Archives of Internal Medi
cine, published by the American
Medical Association, Dr. Albert
Stunkard and Mavis McLaren
Hume, M.S., said, “Sex of the
padients has *!ot, to our knowledge,
been previously suggested as a
possible factor in the success of
efforts at weight reduction.
“We were, therefore, surprised
to discover that whenever results
of treatment have been reported
according to sex of the patient,
men have been shown to be more
successful than women.”
In three separate studies “a
far higher percentage of men
than women were able to achieve
the modest success of a 20-pound
weight loss.” The discrepancy be
tween the results of treatment for
men and for women is even more
pronounced if 40 pounds is con
sidered as a criterion of success,
the authors said. They offered no
reason for the success of men.
At least three other possible
criteria for predicting success
have been suggested. They are the
presence of the “night-eating
syndrome,” in which the patient
eats at night; the outcome of pre
vious attempts at dieting, and the
amount of anxiety in the patient,
Taxes in Polynesian Islands
Several islands of the South Seas
Polynesian groups have found an
effective way to reprimand tardj
taxpayers. By law, those who pa>
their taxes on time are privileged
to move into the homes of delin
quent taxpayers as guests until
the taxes are paid. (What an idea
other countries take notice.)
Novelties Spur Hotel Progress
The things which the newei
hotels all over the world are doing
to attract guests would have beer
unheard of a few short years ago
The Oasis Hotel in Varodero, Cube
for example, uses a gaily decorat
ed goat cart to transport guesti
from the registration desk to theii
room. The goat has been perfum
ed. The lovely resorts of Cas<
Blanca and Casa Montego ii
Jamaica, BWI, have recently merg
ed to offer guests the advantage
of interchangeability. Sleep at one
dine and dance at the other.
GI’s in Gibraltar
Word has reached me that aboul
600 American GI’s will be arriving
in Gibraltar soon, and from wha1
newspaper people say,\ park
mg their gum am} Cadillacs every
where in Gibraltar except th4
roof tops/ : j ' '
’• ^ <’*5’ 3l»"». v„
What New Federal I
Shortly after the, mid-August
adjournment of Congress, Presi
dent Eisenhower signed into law
the first major measure affecting
national recreational boating in 18
years and the first overhauling of
the nation’s small boat registra
tion system since 1918.
Known as the Federal Boating
Act of 1958, the new law basically
sets up a state-operated system of
numbering all inboard and out
board pleasure craft of more than
10 horsepower. The measure also
provides for a more uniform
system of accident investigation
and reporting and puts Congress
on record as favoring uniform
boating regulations throughout
the nation.
The numbering provision of the
act makes it possible for each
state to enact its own regulatory
system based on the federal mea
sure. States passing such laws
would then have the sole right to
assign numbers to motorboats
within their boundaries and to
collect “reasonable” fees from
boatmen. Thus, the federal govern
ment and the U.S. Coast Guard
could completely steo out of the
states and concentrate on marine
law enforcement.
administrative activity in this
If a state does not act by April
1, 1960, the Coast Guard will over
see the program, collect the fees
and register the state’s motorboats
operating on “navigable waters.”
i.e., waters under federal control*
Regardless of whether the states
or the Coast Guard administers
•?> •
Seating Law Means
the system, every inboard and out
board boat powered by an engine
of more than 10 horsepower will
have to carry a newly assigned
number on its bow if it operates
on federal waters. Depending on
how many states fall into line
adopting the federally suggested
system, observers estimate up to
half of the nation’s seven million
pleasure craft may be affected.
To be eligible for administra
tion of the new system, states must
agree to these requirements: Use
the series of numbers assigned by
the federal government, provide
for the renumbering of boats at
least every three years, maintain
an accident reporting system, and
agree to a 90-day reciprocity
period in recognizing numbers
awarded by other states.
Naval Reserve
Offers Public
Code Training
The U.S. Naval Reserve Com
pany 17-5 of Kodiak offers the
public free code training for the
next 12 weeks on Wednesday
nights from 8 to 9 p m. at the
Naval Reserve Armory on the
Naval Station.
Enrollees who are not Naval
Reserve members are welcome.
The training program is aimed at
qualifying participants in achiev
ing a code speed of 5 words per
minute in the international morse
code.
Lt John Trent, USNR, program
director for the Reserve Company,,
will return from two weeks active
training duty at a communications
security seminar in San Francisco
Calif., on January 27th to mstrut
this class.
The powerful hydraulic arrestors
aboard the Navy’s newest aircraft
carrier USS Independence, will
stop 70,000 pound jet planes wit -
in 150 feet after they hit the deck
at better than 100 miles per houi.
Auto
Automobile Liability rates have
been reduced.
Rates
The rate reduction became effec
tive on Jan. 7th.
Are
The new rates, now in effect,
are approximately 12% lower
than those of last year.
Lowered
For more information on the
rate reduction call ---
Art Brooks
3401 2561 3401
KODIAK
INSURANCE
& Bldg. Corp.
' “insurance Is Our Business”
1 t
(OFFICIAL PUBLICATION)
Report of the Financial Condition
OF ;
The Bank of Kodiak located at Kodiak, Alaska, Territory of Alaska, at the close of ^business on the 31st
day of December, 1958.
.ASSETS
Cash, balances with other banks, including reserve balances, and
cash items in process of collection (Schedule D, item 8) . $ 638,031.24
United States Government obligations, direct and guaranteed (Schedule B, item 10) ; 2,089,788.08
Obligations of States, Territories and political subdivisions ... 612,064.13
Other bonds, notes, and debentures (Attach full schedule) .. ‘ 420,614.25
Loans and discounts (including $6.84 overdrafts) (Schedule A, item 12) .. . 1,174,326.08
Bank premises owned, None, furniture and fixtures $14,354.73 . 14,354.73
Investments and other assets indirectly representing bank premises or
other real estate . 80,000.00
Other assets (Schedule H, item 6) .. 4,006.61
TOTAL ASSETS . 5,033,185.12
LIABILITIES
Demand deposits of individuals, partnerships, and corporations (Schedule E, item 1) 1,439,159.49
Time deposits of individuals, partnerships, and corporations (Schedule F, item 1) .. 1292,055.17
Deposits of United States Government (including postal savings)
(Schedule E, item 2, and Schedule F, item 2) ..... 765,275.04
Deposits of States, Territories and political subdivisions
(Schedule E, item 3, and Schedule F, item 3) ... 1,064,026.19
Deposits of banks (Schedule E, items 4 and 5, and Schedule F, items 4 and 5) . . 1,060.00
Other Deposits (certified and officers’ checks, etc.) (Schedule E„ item 6) . . 6,573.06
. TOTAL DEPOSITS (items 13 to 18, inclusive) $4,568,148.95 (Am’t not to be extended)
Other liabilities (Schedule 1, item 6) .. 4,640.97
TOTAL LIABILITIES (not including subordinated obligations shown below) .... 4,572,789.92
CAPITAL ACCOUNTS
Capital Stock (No. of shares 1,600) (Total par value $160,000.00) . $ 160,000.00
. Surplus . 160,000.00
r Undivided profits . 121,395.20
t Reserves for income taxes . 19,000.00
TOTAL CAPITAL ACCOUNTS . 460,395.20
TOTAL LIABILITIES AND CAPITAL ACCOUNTS . 5,033,185.12
I, A1 Hochberger, Vice-president of the above named bank, do solemnly swear that the above state
ment is true to the best of my knowledge and belief.
CORRECT—ATTEST:
A1 Hochberger
&& 5 •** Vice-president
1 Ben Kraft
R. S. Acheson
Directors
p ___
Place for Official Seal to be
affixed by Officer before
whom acknowledged.
Notary must not be an offi
cer or director of the
bank.
i !• ' • ‘ !•
UNITED STATES OF AMERICA, TERRITORY OF ALASKA) ss.
Sworn to and subscribed before me this 6th day of January, 1959,
and I hereby certify that I am not an officer or director of this bank,
Harriet K. Guhrke, Notary Public
Notary Public in and for Territory of Alaska
.... Ifr commission expires June 2S, 1991
! * i