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Newspaper
Myrtle Point Herald
Location
Myrtle Point, Oregon, United States of America
Date
Jan 16, 1964
Page
2
The Myrtle Point Security Bank saw 34 million flow through checking accounts last year. Chamber President Tex Billingsley praises the town as sound financially and a fine place to live, urging downtown improvements despite a shabby Spruce Street that greets visitors.
The US National Bank reports its best year in 73 years with deposits rising from 983,473,352 in 1962 to 1,023,459,251 at year end 1963 and loans up to 594,436,473. Eight new branches opened and seven new buildings completed. Seventy eight percent of shareholders reside in Oregon, owning 73 percent of shares.
Out-of-state visitors spent an estimated 220 million dollars in Oregon during 1963, state highway engineer Forrest Cooper reported. The figure, up 14 percent from 1962, reflects gains across food lodging recreation and car expenses aided by the Seattle World's Fair.
The fragment claims state visitors boosted both daily spending and length of stay in Oregon. It then references Cooper and likely inaccurate terms about moose and prices. The text mentions a 1963 survey with interviews and manual counts of passenger cars in Angus, plus European coupes and seasonal references.
In 1968 the Social Security program paid out over 15 billion dollars to more than 9 in 10 workers and their families, with 19 million on rolls nationwide at year end. Dean O Haley, district manager in Eugene, notes about 214 400 Oregon men received benefits, up five percent from the prior year, as payments totaled 14 833 000 dollars monthly.
The Eugene office of Social Security is located at 1066 High Street. The concise address confirms where local residents can access services and file claims.
Wilhelm M. Beckert of Lansing Michigan was named today as the new assistant state parks superintendent for the Oregon state highway department. Forrest Cooper said Beckert would fill the vacancy left by Alfred Shirley Jr who was promoted to assistant division engineer in the highway department with eastern Oregon headquarters at La Grande.
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