GO THRIFT
I with these food buys
1 Cudahy’s Tang
LUNCHEON MEAT «.«. 59c
KRAFT MAYONNAISE 98c
Lihby’s
CHIU SPAGHETTI 33«
_ Y?. •
Nalley’s
BEEF STEW 43c
Snowdrift
SHORTENING - «. 44c
Tropic Isle
CRUSHED PINEAPPLEno m Ti„ 2 ,,45c
Foremost
CHOLEK DRINK 15c
_ l
Ida WEEK END to
CEUBUYS
Bar - S
BEEF HEARTS - 49c
SILVER SALMON -39c
RING SALMON sliced. -79c piece. Lb. 59c
PRICES EFFECTIVE THURSDAY, FRIDAY and SATURDAY
* ,
NC SUPERMARKET tl£K|
Deportment of Northern Commercial Company I
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Phone MAin 133 FREE DELIVERY
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University of Alska Contrcts With
A.E.C. to Conduct Pre-Blast Studies
COLLEGE — Final official ap
proval was announced last week
of a $107,327 contract between the
University of Alaska and the
Atomic Energy Commission, auth
orizing the university to conduct
an ecological study of flora and
fauna of the Cape Thompson
Ogotoruk Creek region of Alaska.
The contract runs from May 24,
1959, to May 23, 1960, with pos
sible extensions.
Investigations to be carried out
by the niversity of Alaska under
this contract are part of a broad
biological survey of the marine
and terrestrial life of the Cape
Thompson area — site of “Project
Chariot,” the proposed nuclear
harbor excavation. Other studies
will be made by the University
of Washington, the University of
California at«Los Angeles, the
Louis Armstrong
Rushed to Hospital
SPOLETO, Italy, OP — American
jazz king Louis Armstrong was
rushed to Spoleto’s Civil Hospital
yesterday, suffering from an at
tack of pneumonia.
Italian doctors who examined
him immediately1 after the attack
said he had suffered a heart at
tack. But an examination by spe
cialists at the hospital showed
♦hat the 58-year-old Negro musi
cian had pneumonia.
The New Orleans-born trumpe
ter had come to Spoleto to parti
cipate in the Festival of Two
Worlds, directed by American
composer Gian-Carlo Menotti.
The specialists said Armstrong’s
condition was not grave.
Earthquake Rattles Reno
RENO, Nev.. W — A rolling
earthquake hit this area about
7:30 a.m. Tuesday, but there were
no immediate reports of damage.
The tremblor sloshed coffee in
breakfast cups and set frame
houses to creaking. It lasted about
j 10 seconds.
I -
Hanford Radiation Laboratory, the
U. S. Fish and Wildlife Service,
the . S. Geological Survey, and the
Arctic Health Research Center.
These studies come under the
health and safety program of the
Atomic Energy Commission ^vhich
has as one of its objectives the
determination of the possible ef
fects of the proposed nuclear ex
plosion on the plant and animal
life of that part of Alaska. Inves
tigators also will study the in
fluence of the project on the native
population of Northwestern coastal
Alaska.
Operating under pre-contract
authorization, the University of
Alaska already has a seven-man
research group at Ogotoruk Creek.
No final approval or the pro
posed atomic blast has been given
by the Atomic Energy Commission
as yet. However, if preliminary
investigations indicate its feasi
bility, the project will be carried
out as of March, 1961.
SALES TAX SCHEDULE
For the purpose of clarity in
collecting the sales tax which goes
to 3 per cent on July 1 — is the
following schedule setting forth
amounts to be collected.
Amount of Sale Sales Tax
$0.00—$0.16 . . $0.00
0.17— 0.49 . 0.01
0.50— 0.83 . 0.02
0.85— 1.16 . 0.03
1.17— 1.49 . 0.04
1.50— 1.83 . 0.05
1.84— 2.16 ..7.. 0.06
2.17— 2.49 . 0.07
2.50— 2.83 . 0.08
2.84— 3.16 . 0.09
3.17— 3.49 . 0.10
3.50— 3.83 . 0.11
3.84— 4.16 . 0.12
4.17— 4.49 . 0.13
4.50— 4.83 . 0.14
4.85— 5.16 . 0.15
This is adopted by Ordinance
No. 395.
Publish June 17, 24, 29.
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
10th day of June, 1959.
RESOURCES
Loans and Discounts .$1,007,595.32
United States bonds and securities . 581,900.15.
Other bonds and warrants . 53,808.86
Banking house, furniture and fixtures . 18,328.13
Cash on hand and due from banks . 419,351.21
Other Assets . 26,788.24
Total . 2,107,771.91
LIABILITIES
Capital stock paid in .’. 100,000.00
Surplus fund ..... 50,000.00
Reserves . 11,193.96
Undivided profits less expenses paid . 132,450.64
Due to other banks . 11,591.32
Demand deposits . 956,773.50
Time deposits . 840,123.56
Cashier’s and certified checks . 5,638.93
Total . 2,107,771.91
UNITED STATES OF AMERICA )
STATE OF ALASKA ) SS .
SECOND JUDICIAL DIVISION )
I, William T. Haley, Cashier of the above named Miners &
Merchants Bank of Alaska, do solemnly swear that the foregoing
statement is true to the best of my knowledge and belief.
WILLIAM T. HALEY, Cashier.
(CORRECT ATTEST)
(NOTARIAL SEAL) JAMES A. VON DER HEYDT
BOYD C. HARWOOD
Subscribed and sworn to before me this Directors
23rd day of June, 1959.
BEVERLY A. MORGAN
Notary Public in and for the Territory of Alaska.
My commission expires November 10, 1960.