Independent from Long Beach, California on February 27, 1969 · Page 29
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Independent from Long Beach, California · Page 29

Long Beach, California
Issue Date:
Thursday, February 27, 1969
Page 29
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A-30--INDEPENDENT (AM) PRESS-TELEGRAM (PM) L " »««" e ""- Tlwrt -*»· »·'"» Be Sure at 'S c Large§t^ HOME SAVINGS AND LOAN ASSOCIATION PEACE OF M I N D SINCE 1889 COMPARE HONE SAVINGS Condensed Statement of Condition December 31,1968 RESOURCES Cash due from Banks, United States Government, Federal Agency and Municipal Bonds $ 226,179,957.30 Federal Home Loan Bank Stock 20,991,300.00 Real Estate Loans: Government Insured and Guaranteed 273,341,848.36 Conventional 2,189,166,512.90 Contracts and Loans to Facilitate Sale of Real Estate 39,208,443.48 Loans for Sale of Real Estate Held for Investment Purposes 30,225,036.92 Loans Secured by Savings Accounts 147,353.00 Real Estate Owned Acquired in Settlement of Loans 9,784,628.12 Real Estate Owned for Investment Purposes 45,423,410.06 Association Premises, Furniture and Equipment 30,882,460.24 Deferred Charges 28,911,686.00 Other Assets ._. 19,628,455.81 $2,913!891,092.T9 LIABILITIES AND CAPITAL Savings Accounts $2,518,768,550.20 Undisbursed Loan Funds 62,481,515.83 Advances from Federal Home Loan Bank and Notes Payable 108,680,000.00 Reserve for Interest on Savings 3,035,651.07 Other Liabilities 14,306,635.42 Reserve for Federal Income Tax 3,626,070.77 Deferred Credits and Reserves 9,027,394.76 Specific Loss Reserves --0-Capital Stock, General Reserves and Undivided Profits 193.965,274.14 $2.913.891,092.19 HIE AMAZING GROWTH OF HOME SAVINGS. Assets, already hundreds of millions above all others, increased $384,976,057.69 last year alone. To savers, in 1968, America's Largest paid an all-time high in interest, $121,5o6,o59.42. As usual, Home continues to offer the highest interest in the nation, on insured savings, including the most generous bonus accounts. What is equally important, Old Dependable has kept every account safe and available when needed for over 80 years. Home Savings has more nice people to serve you in more Southern California offices than any other association. LOS ANGELES (MAIN OFFICE) 761 S. Broadway at 8th 627-7991 ALHAMBRA 401 E. Valley Blvd. at Sierra Vista Ave. 289-0211 ANAHEIM 211 East Lincoln Ave. Opposite City Hall 535-2883 ARCADIA 60 East Huntington Dr. at First 446-8821 · 681-4844 BARSTOW 1232 E. Main St. in the Supers Shopping Center 256-2131 BEVERLY HILLS 9245 Wilsiiire Blvd. at Rexford Drive 273-6666 · 878-4455 BUENA PARK 8010 Beach Blvd. at La Raima 828-4664 BURBANK 840 N.San Fernando Blvd. at Burbank Blvd. 845-7281 · 849-3341 COMPTON 1801 N. Long Beach Blvd. at Golden 638-8735 · 636-3031 ENCINO 17107 Venlura Blvd. alAmestoy 788-0630 · 872-2930 GARDEN GROVE 11922 Brookhurst St. ai Chapman 530-5680 GLENDALE 115 South Central Ave. at B'way 241-4102-245-5153 HIGHLAND PARK 5700 N. Figueroa St. at Ave.57 Los Angeles 90042 254-5184 HOLLYWOOD 1500 N. Vine at Sunset 466-1121 HUNTINGTON PARK 7141 Pacific Blvd. at Florence 588-8177 LAKEWOOD 4909 lakewood Blvd. at Del Amo 634-4909 · 636-2446 LA MIRADA 15128 E. Rosecrans Ave. East of La Mitada Blvd. 521-1310 LONG BEACH 201 East First St. at Locust 436-8231 MONTEBELLO 1429 W.Beverly Blvd. at Maple 728-0317 PASADENA 860 East Colorado Blvd. at Lake 795-5174-681-5174 PICO RIVERA 3i2jr. Vi'liillier Blvd. East of Rosemead 699-1071 POMONA 100 Pomona Hall West 623-2491 RIALTO 148 S. Riverside Ave. Between 1st Rialto 875-7010 SAN BERNARDINO 301 W. Highland Ave. at Arrowhead 882-3321 SANTA ANA 1300 North Main St. at Washington Ave. 547-9611 SANTA MONICA Wilshire Blvd. at 26th 451-5757 STUDIO CITY 12051 Ventura Blvd. at Laurel Canyon 763-7341 TORRANCE 1511 El prado 328-9244-775-3118 VICTORVILLE 14909 7th St. Victor Valley Shopping Center 245-5327 WEST COVINA 202 So. Glendora Ave. 966-7591 . WHITTIER 15625 East Whittier Blvd. at Santa Gertrudes 691-6761 WltSHIRE CENTER 3750 Wilshire Blvd. at Oxford · 385-3973 Member: FEDERAL Savings and Loan Insurance Corporation Member: FEDERAL Home Loan Bank System BOOK REVIEW No Frills in Gold Discovery Tale THE DISCOVERY OF GOLD IN CALIFORNIA. By John S. Ililtell. Introduction by Richard H. Dillon. Lewis Osborne, Palo Alto, $10. "The Discovery of Gold in California" proves that there were other historians of an earlier California besides Bancroft and of these John S. Hittell. an Argonaut himself, was one of the best -- telling the story of Marshall's discovery of gold in a language direct, and without embroidery. Hittell wrote his history in 1890, for the Century Magazine. Hittell combined down- to-earthncss with a scientific exactness in his history; for example, in fixing the correct date of Marshall's discovery as Jan. 24, 1848, Marshall himself had been uncertain of the precise date. Marshall's own narrative of his discovery is included in the volume. Marshall had selected a site for a sawmill for Slitter. Marshall, writes Hittell, "a native of New Jersey," was "a skilled wheelwright by occupation . . . Industrious, honest, generous, but 'cranky,' full of wild fancies . . . By accident he discovered the gold." "1 shall never forget that morning," Marshall recalls . . . "my eye was caught with the glimpse of something shining in the bottom of the ditch . . . I reached my hand down and picked it up; it made my heart thump, for I was certain it was gold. The piece was about half the size and of the shape of a pea. "In about a week's time . . . I . . . took a l l that we had collected with me and showed it to Mr. Sutter, who at once declared it was gold . . . It puzzled us a good deal to hit upon the means of telling the exact quantity of gold contained in the alloy; however, we at last stumbled on an old American cyclopedia, where we saw the specific gravities of all the metals, and rules given to find the quantity of each in a given bulk. "After hunting over the whole fort and borrowing from some of the men, we got three dollars and a half in silver, and with a small pair of scales we soon ciphered it out that there was no silver or copper in the gold, but that it was entirely pure. "This fact being ascertained, we thought it our best policy to keep it as quiet as possible till we should have finished our mill." But, Marshall adds, there were many disbanded Mormon s o l d i e r s a r o u n d the fort, "and when they came to hear of it, why it just spread like wildfire, and soon the whole country was in a bustle." -- N. H. PEASANT C U S T O M S AND SAVAGE MYTHS: Selections from the British Folklorists. Edited, by Richard M. Dorson. Uni-' versity of Chicago Press, 2 volumes, $17.95 the set. American f o I k 1 o r i s t Richard Dorson has written, among other works, fascinating books on American regional folklore and Davy Crockett and the American comic legend; and has edited collections of Negro and other folktales. His "The British Folklorists: A History" traced the influence of folklore on literature, history, philosophy, archeology, even psychical research. "Peasant Customs and Savage Myths" samples the works of the leading British folklorists, with brilliant commentary by Dorson. There is Sir Walter Scott, who, as Dorson tells us, "veered back and forth between the roles of story-teller and story-recorder," and who "collected, wrote about, and commented in fictional story and scrupulous notes on the stirring ballads and traditions" of the Scottish Border country. There is Edward B. Tylor, the father of anthropology, who related the beliefs and practices of savages long vanished to the folklore of modern peasants, thereby introducing a concept "which would form the foundation stone" for the "survival" school of anthropological folklorists. There is the letter of William John Thorns, in 1846, to the Athenaeum, in which he invented the word "folklore" to replace "popular antiquities." We read Thorns' interesting piece on "The Epitaph 'Old Scratch'" concerning various popular names for the Devil (others are Old Nick, Old Harry, the Old One. and the Danes called the foul fiend Old Erik. There is Edward Clodd, who pursued "the idea of magic held by savages and surviving among civilized nations." And there are many more -- Andrew I.ang, Max Muller, Alfred Nutt, Joseph Jacobs, among them. -- N. §39,000 Jems Taken NEW YORK (/ft -- Film producer Edward Lasker r e p o r t e d to police Wednesday that $39,000 in jewelry was stolen from his hotel suite. Police said the jewels were taken from a traveling bag while Lasker was out. FOR A GOOD OLD FASHIONED B A R G A I N check "Sporting Goods" in today's Classified Ads! CHICKEN DEUGHT

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