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Bancorp Shows
Earnings Increase
Over Last Year
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VOLUME 58 DAYTON, OREGON 97114 THURSDAY, OCTOBER 21, 1971 NUMBER43
Services Held For
A. C. Lippincott
Graveside services were held at
Evergreen Memorial Park Satur-
day, Oct. 16, for A. Carter Lippin-
cott. He passed away in McMinn-
ville Oct. 13 at the age of 77.
Son of Bill and Julia Lippincott,
Mr. Lippincott was born in Red
Cloud, Nebraska on Nov. 15, 1894.
He spent his youth and received
his education in Nebraska. Feb.
12, 1929 he was united in marriage
to Thelma Coulter in Los Angeles,
Calif. They made their home there
for a year before moving to New
Mexico and then to St. Paul, Ore.
They came to Dayton in 1949 and
had resided here since then He
was a farm equipment mechanic.
Survivors include his wife, Thel-
ma of Dayton; a son Vernon, of
Mill City, Ore.; a brother, Frank,
of Los Angeles, Calif.; two sisters:
Hattie Noyce and Hazel Kent,
both of Nebraska; two grandchild-
ren and four great grandchildren.
Arrangements were by Scott's
Funeral Chapel.
Programs Planned
By WCTU Group
The WCTU met Tuesday after-
noon at the home of Mrs. Lioen
Phelps. There were 12 members
and a guest, Mrs. Barbara Dill
from Portland.
The meeting opened by prayer
and the members sang "Back To
God, America." Mrs. Walter Wag-
ner gave a very good devotional
lesson, closing with prayer.
Roll call was answered by mem-
bers reading articles clipped from
papers.
During the meeting each mem-
,ber filled in her own year book,
and' the programs and hostesses
were planned.
Mrs. Phelps gave a very inter-
esting report on the State Conven-
tion she attended at Cannon
Beach.
Delicious refreshments w e r e
served 'by the hostess, assisted by
Mrs. Veta Stephens. The Novem-
ber meeting will be at the home
of Mrs. 'Mariam Krake.
DAYTON WOMAN ENROLLED
AT SEATTLE PACIFIC
Janice IM. Rutschman, daughter
of Mr. and Mrs. Carl Rutschman
of Dayton, has enrolled as a fresh-
man at Seattle Pacific College.
Miss Rutschman is a graduate
of Dayton High School.
on
[oca
scene
Thursday evening Miss Char-
lotte Filer accompanied Charles
Humble of Albany to a Sigma Del-
ta Chi meeting at the Benson Ho,
tel in Portland. Friday she was a
panel member for a program at
the Oregon Newspoper Publishers
Association meeting at the Thun-
derbird Motel in {Portland.
Sunday dinner guests at the
home of Mr. and Mrs. Arthur Mos-
grove were Mr. and Mrs. Lester
Reynolds from Vancouver, Wash.
Sunday evening callers were Mr.
and Mrs. Royce Mo~grove and son
from The Dalles and Mr. and Mrs.
Robert Mosgrove and family.
Miss Jane Reeder from Wood-
burn and friend Sandra Wisdom
from Keizer and Mrs. Gwen Wild-
fong and two daughters from
'Portland came Sunday to visit
Mrs. Ruth Reeder and help her
celebrate her birthday.
Mrs. Anna Woodward returned
home Saturday after a six weeks
visit in Washington and Oregon.
She visited her daughter and son-
n-law, Mr. and Mrs, Neal Tram-i
mel at Tonasket, Wash. From
there she went to Seattle to visit
a granddaughter, Mr. and Mrs.
Don Barr and two children. She
also visited her daughter, Mr. and
Mrs. Roger Veach in ,Portland and
came home from there.
Mrs. Golda Freshour of Hub-
bard returned home Wednesday
after spending some time with her
sister-in-law, Mrs. Mariam Krake,
and other friends. Mrs. Freshour
accompanied Mrs. Withee and
~vIrs. Winger to the coast for sev-
eral days last week.
Mrs. Ruby Baldwin from Port-
land was a weekend guest at the
home of Mrs. Florence Foster.
Saturday they called on Mr. and
Mrs. Harold Baybrook at the
Willamette View Manor in New-
berg.
" ~Aeonard Galer and daughter
Teressa, from Eugene, were Sun-
day guests at the home of his
parents, Mr. and Mrs. Lloyd Gal-
er. His son, Ronnie, who spent the
summer with his grandparents re-
turned home with them. Also pre-
sent was another son, Mr. and
~Vlrs. Fenton Galer and family
from Hopewell.
Monday afternoon and evening
Miss Charlotte Filer was with her
Linfield History of Mass Commun-
ications class on a field trip and
sem'nar at KGW-TV in Portland.
Mrs. Lena Filer and daughter
Charlotte visited their sister and
aunt, Mrs. Barbara Dill, in Port-
land Sunday. They had a birthday
dinner for Mrs. Filer at Todds res-
taurant near Portland and then
drove to Silvert,on for a chrysan-
themum show. They also visited
the rose gardens at Bush 'Park in
Salem. Mrs. Dill returned home
with the Filers for a few days
visit.
Loren D. Deibel In
Army Basic Training
FT. LEWIS, Wash. (AHTNC~
-- Army Private Loren D. Deibel,
19, son of Mr. and Mrs. George P.
Deibel, Rt. 1, Dayton, recently ar-
rived at Ft. Lewis, Wash to be-
gin eight week~ ~f
at the U.S. Arnty Infantry Train-
ing Center.
He will receive instruction in
drill and ceremonies, weapons,
.map reading, combat tactics, mili-
tary courtesy, military justice,
first aid, and Army history and
traditions
"Pvt. Deibel is scheduled to com-
plete basic trainin~g Nov. 12.
He is a 197~ graduate o~ Dayton
High School.
WEBFOOT
Mrs. Jim Day and children of
Elma, Wash spent the weekend
with her grandmother, Mrs. Fern
Vaughan and family while Mr.
Day was hunting.
Mr. and Mrs. Gary Metsger and
children of Lacomb, Ore, were
weekend callers at the home of
his grandmother, Mrs. F" e r n
Vaugan.
Mrs. Dorothy Ford and family
visited her niece, Mrs: Candaee
Nienke and new baby, Amie Re-
nee, at Salem, Sunday.
Mr. and Mrs. Virgil Hinshaw of
Rock-Away were callers at the
home of Mr. a~d Mrs. Kenneth
Keister Sunday
Mr. and Mrs. Lloyd Reynolds of
Bridgeport, Neb and Ralph Doud
of Midland, So. Dakota, are visit-
ing at the home of Mr. and Mrs.
George Doud. Mrs. Reynolds and
Ralph are daughter and son of
Henry Doud.
Mrs. Kenneth Keister, Mrs.
Lloyd Reynolds and Mrs. George
Doud attended a Stanley party at
the home of Mrs. Jerry Rahmig
at Hopewell, Tuesday night. Mrs.
Rahm~g is a niece of Mrs. Rey-
nolds and Mrs. Dodd. The Rahmigs
have recently moved into the new
mobile home on the Russell Stairs
place.
Dayton Principal
AtFall
"Creating Educational' Leader-
ship" was this year's theme for
the Oregon Elementary Principals
Fall Conference. Bob Dittmer,
principal of Dayton Elementary
Sc~nool is on~ of the principals in
attendance in Portland this year.
Ralph Miller, OSU basketball
coach, addressed the conference on
"Competitive Sports in the Edu-
cational System" at the Sunday
banquet.
Keynoter, Dr. R~bert Gilberts,
U. of O challenged yrincipals
with a speech focusing on the
question, "A New Role for the
,Principal ? Professed or Practi-
cal?" Dennis Mangers, 1969 Toast-
masters' International winner, fol-
lowed with "The Changing Role
of the Elementary Principal."
Anchorman Don Delay, author
of note from Los Altos High
School, asked "Are You Ready to
Risk Your Human Ends?" in the
wrap-up of the conference.
The Elementary Principals Fall
Conference provides opportunities
for principals to keep informed on
issues, innovations, and changes in
education.
COMING EVENTS
Friday, Oct. 22 ~ Varsity
Football, Dayton at Nestucca.
Monday, Oct. 25 -. Veteran's
Day. No School.
Thursday, Oct. 28 ~- Frosh
Football Sherwood at Dayton.
Jr. Hi. Football Wiliamina at
Dayton.
Friday, Oct. 29 ~ Varsity
Football, Willamina at Dayton.
U.S. Bancorp, parent corpora-
tion of United States National
Bank of Oregon, reports consoli-
dated income before security gains
for the first nine months of 1971
of $:10,690,043, or $2.64 per share,
compared to $9,2"18,139, or $2.26
per share for the corresponding
period of 1970 according to Le-
Roy B. Stayer, chairman of the
board. The increase represents a
gain of 16 per cent over 1970.
Stayer noted that his bank's de-
posits and loans outstanding have
increased during the third quarter,
reflecting not only the seasonal
trend but also the continued ac-
cumulation of consumer funds,
particularly in the form of sav-
ings and thrift accounts.
He said that in conformance
with the President's economic pro-
gram effective August 15, United
States National :Bank froze its
fees and service charges, and is
also voluntarily holding loan in-
terest rates at levels conforming
with the President's request.
U. S. Bancorp's net income aft-
er security gains was $11,107,361,
or $2.74 per share, compared with
$9,237,104 or $2.26 per share for
the first nine months of 1970.
Average number of shares out-
standing was 4,050,257 for the
first nine months of 1971 and 4,-
080,257 for the same period in
1970.
Consolidated deposits as of Sep-
tember 30, 1971, st0 od~rat $1,631,-
996,600 against $1,462;127,149 a
year ago and consolidated total
resources were $1,874,279,984 ver-
sus $1,664,288,671 a year ago. Con-
solidated loans and discounts were
$1,115,007,356 compared with $953-
731,048 at the end of September
1970.
At the Dayton Branch of U. S.
National, on September 30, 1971,
deposits were $2~528,840.93, ac-
cording to J. S. Imlah, Manager.
He also reported loans on the
same date were $501,636.08.
Dayton Woman On
Public Welfare Board
The Yamhill County Board of
Commissioners has appointed sev-
en people to four-year terms on
the public welfare board.
They are: Mrs. Barbara Knut-
son, Mrs. Carl Francis, Mrs. Wes-
ton Heringer, Mrs. Arney Houser,
Mrs. Angelina Martinez, Mel Ma-
son and Mrs. Wallace Wright.
FAIRVIEW
~Vir. and Mrs. David Olke were
guests of Mr. and Mrs. Phil Suva
of Carlton Sunday. Mrs. J. W.
Mattila and son of McKinleyville,
Calif were also guests. Mr. and
Mrs. Mattila had enjoyed a
month's trip to Finland this sum-
mer.
John Kotka, with Sam Kotka,
/Marcia Brooks, Marcia Horn and
Kathy Vigil students at Concordia
Bible College of Portland were
guests of Rev. and ,Mrs. George
Ends of Salem Sunday afternoon.
John Kotka and Mr. and Mrs.
Boyd Hines and 'family of Mc-
Minnville were Friday evening
guests of Mr. and Mrs. Leslie
Brown of Salem.
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