New Fishery Research
To Help Alaska Salmon
Will Be Started This Year
WASHINGTON, iff—Secretary
of the Interior McKay announced
Wednesday that new fishery re
search projects designed to aid the
tuna, Alaska salmon, South At
lantic shrimp and Atlantic striped
bass industries are being started
this year.
McKay said the new projects
will cost $270,300. Together with
expenditure of $2,729,700 for con- !
tinuation of fishery research and
market development p r o j e c ts
started last year, they will round
out allocation of the entire three
million dollars available under
the Saltonstall-Kennedy Act for
1955-56.
The new projects for 1955-56
selected by the Fish and Wildlife
Service from a list approved by
the American Fisheries Advisory
Committee include:
1. Tuna bait substitute studies—
$35,000. The tuna clipper fleet is
required to spend a substantial
part of its time looking for bait.
2. Alaska salmon research—
$108,300 for separate projects.
I
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Soda Fountain |
CIGARS, C1GARETS
TOBACCO
CANDY
FRESH ICE CREAM
EVERY DAY
__
Methodist Group
To Guide Building
Of Alaska College
NEW YORK—Two university
presidents, two deans, a univer
sity business manager and a re
ligious education executive com
prise a six-member committee
that will guide the development of
the Alaska Methodist College to
be located in Anchorage.
Names of members of the aca
demic advisory committee were
approved at a meeting late in
September of the- executive com
mittee of the Division of National
Missions, the Board of Missions of
the Methodist Church, in New
York City. The Division is the
stateside agency that is working
with Alaskans to establish the
four-year liberal arts college.
Dr. Earl R. Brown, general ex
ecutive secretary of the division,
said the committee’s principal
task will be to plan the academic
program of the college and to plan
the physical development in ac
cordance with academic, needs.
The Rev. P. Gordon Gould, of
Philadelphia, an associate secre
tary of the division and coordina
tor of academic development, will
work with the committee.
The Division is in the midst of
an effort to raise two million dol
lars or more among Methodist
churches in the States to estab
lish the college. Last spring, An
chorage residents pledged more
than $700,000.
* * *
Another division of the Board
of Missions, the Woman’s Division
of Christian Service, last month
voted to give $25,000 toward the
construction of a new, $750,000
general hospital in Seward. For 25
years the Woman’s Division has
contributed to the operation of the
present hospital and will help op
erate the new institution.
Report of the Financial Condition
of the
Miners and Merchants Rank of Alaska
Located at Ncrme, Territory of Alaska, at the close of business on the
4th day of October 1955. __'
RESOURCES
Loans and Discounts .$ 185,433.27
Loans on real estate . 297,475.00
United States bonds and securities . 721,175.29
Other bonds and warrants . 74,021.96
Banking house, furniture and fixtures . 27,576.57
Other real estate owned .
Due from other banks . 275,981.25
Checks on other banks and other cash items . 13,493.89
Cash on hand . 150,963.10
q 440 07
Prepaid insurance . *
Other Assets ... 44’41^'
Total .$1,798,492.33
LIABILITIES
Capital stock paid in . $100,000.00
Surplus fund . 25 n^o R9
Undivided profits less expenses paid . 116,059.82
Demand deposits . 1,239,278.85
Time deposits . 317,887.73
Cashier’s and certified checks . 26593
Total ..-.$1,798,492.33
UNITED STATES OF AMERICA )
TERRITORY OF ALASKA ) SS
SECOND JUDICIAL DIVISION )
I, W. W. Tuttle, Cashier of the above named bank, do solemnly
swear that the foregoing statement is true to the best of my knowledge
and belief. w- w* TUT^£:ashier
(CORRECT ATTEST)
G. R. JACKSON,
JAMES M. McLEAN
(NOTARIAL SEAL) Directors
Subscribed and sworn to before me this
4th day of October 1955.
BEVERLY A. MORGAN
Notary Public in and for the Territory of Alaska.
My commission expires November 10, 1956.
11 Students From
Nome Area Attend
Lniv. of Alaska
COLLEGE—E1 e v e n students
from the Nome area are attending
the fall semester at the University
of Alaska, Mrs. Irene Gardner,
registrar, announced this week.
Nome students and their fields
of study are:
George E. Bell, freshman in
mathematics; Robert M. Herman,
freshman in education; Peter L.
Reader Jr., sophomore in mining
engineering; Roy W. Snyder Jr.,
freshman in civil engineering;
Robert A. Summers, freshman in
civil engineering.
Other students from the Second
Division are: Karl T. Ashenfelter,
freshman in mining engineering,
White Mountain; James Gregg,
freshman in civil engineering,
Candle; Elmer C. Ipalook, fresh
man in civil engineering, Kotze
bue: Margaret C. Moore, freshman
in business administration, Unala
kleet; Henry P. Silook, freshman
in business administration, Teller. |
——— - - - —
Texas Air Group Holds
Big Lead in Rocketry
Meet After Three Days
YUMA, Ariz., U!)—The Air
Training Command from Perrin
Air Force Base, Texas, held a sub
stantial lead in the worldwide
Air Force Rocketry Meet here
Wednesday after the third day of
firing.
With 16 of 24 sorties completed,
Air Training Command had 9,800
points, 2,200 more than second
place Eastern Air Defense Force.
The Far East Air Forces were
third with 5,400 points, and Cen
tral Air Defense Force from Mis
souri was fourth with 4,800.
Alaskan Air Command was in
eighth place with 3,400 points.
First Lt. Arthur Dennis Jr. of
Livonia, Mich., a member of the
Air Training Command team, had
the individual scoring lead with
3,800 points of a possible 4,000.
The flyers are firing from jets
at targets towed by bombers.
Letter-size and legal file folders
available at The Nome Nugget
House Group to Inspect
Two Alaska Air Bases
WASHINGTON, —A special
House Armed Services subcom
mittee has scheduled inspections
this month of two military instal
lations near Anchorage, Alaska—
Elmendorf AFB and Ft. Richard
son.
Philip Kelleher, the subcommit
tee’s clerk, said yesterday the 10
man group headed by Rep. Price
(D-Ill) would arrive in Anchorage
by plane Oct. 15 on its way to
Japan and Okinawa. It will spend
1 Vz days in Alaska, he said, and
might make “some side trips” in
addition to the Elmendorf and Ft.
Richardson visits.
He did not disclose the exact
purpose of the Anchorage stop,
but said there are “two or three
problems” there. ‘
A coaxial cable, sheathed in a
lead covering about 3 inches in
diameter, will handle thousands of i
telephone conversations simulta-;
neously. plus several TV and tele-^
type circuits.
WIEN ALASKA AIRLINES, Inc. j
ANNOUNCES A NEW WINTER SCHEDULE
EFFECTIVE OCTOBER 10
,
NOW OFFERING WEEKLY I
★ 3 Arctic Liner Flights Nome to Kotzebue
I ★ 5 Arctic Liner Flights Nome to Fairbanks 1
Connection PAA 904 Fairbanks for Seattle Monday and Friday I
MONDAY WEDNESDAY FRIDAY I
FROM FAIRBANKS TO NOME VIA KOTZEBUE I
Arrives Nome 10:00 A.M. Departs Nome 10:30 A.M.
Direct to Fairbanks
- I t
(THURSDAY and SATURDAY
FROM FAIRBANKS TO NOME DIRECT
Arrives Nome 9:00 A.M. Departs Nome 9:20 A.M.
Arrives Kotzebue 10:30 A.M.
All Flights Arrive Fairbanks 2:30 p.m.
ALL TIMES SHOWN ARE BERING STANDARD TIMES EXCEPT
ARRIVAL FAIRBANKS: ALASKA STANDARD TIME
BUSH FLIGHTS—TUESDAY & FRIDAY I
From Nome to Deering, Candle and Kotzebue 1
For further information phone Main 46 or drop into our downtown office