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NATIONAL WEATHER SERVICE FORECAST *• 7AM EST 1-17-75 f k ? I I / xTh xL* v\ \/ I WtW ban fbamcibco fßelXtul *Y JL \ \ A H/ JL 1 r- W • ( / I \ -4 -Lr X~B ©ALL AB \ <-X > LOWEST TIMFERATURIS \ R f • 32 a » n fevxhMow rrrrn air V SHOWERS Flow UH WEATHER FOTOCAST • FORECAST FOR GRIFFIN AREA—Partly cloudy and cool tonight with low in the low 30s. Fair and a little cooler tomorrow with high in the mid 50s. Mrs. King denies rift; SCLC sees hostility ATLANTA (UPI) - The cast read like Who’s Who of the civil rights movement, but the actors were clearly divided. On one side —Mrs. Coretta King, widow of the late civil rights leader Martin Luther King Jr., her family, the organization she founded in her husband’s name, and her supporters. Mrs. King’s group is building a center to carry on King’s work. Also carrying on his work but with different methods is the Southern Christian Leadership Conference, which King found ed and is now headed by his REPORT OF CONDITION, CONSOLIDATING DOMESTIC SUBSIDIARIES, OF THE FIRST NATIONAL BANK OF GRIFFIN OF GRIFFIN, GEORGIA IN THE STATE OF GEORGIA, AT THE CLOSE OF BUSINESS ON DECEMBER 31,1974 PUBLISHED IN RESPONSE TO CALL MADE BY COMPTROLLER OF THE CURRENCY, UNDER TITLE 12, UNITED STATES CODE, SECTION Ml. ASSETS Cash and due from banks (including snone unposted debit5)2,572,439.09 U.S. Treasury securities929,34o.2l Obligations of other U.S. Government agencies and corporationssoo,ooo.oo Obligations of States and political subdivisions 7,252,757.44 Other securities (including Snone corporate stock)40,000.00 Federal funds sold and securities purchased under agreements to resell 3,950,000.00 L0an519,054,505.97 Bank premises, furniture and fixtures, and other assets representing bank premises 777,432.45 Real estate owned other than bank premises 10,750.00 Other assets (including ONone direct lease financing) .401,190.51 TOTAL A55ET535,019,144.11 LIABILITIES Demand deposits of individuals, partnerships, and corporationso,2o4,l2s.o4 Time and savings deposits of individuals, partnerships, and corporationslo,37o,o4l.so Deposits of United States G0vernment252,574.74 Deposits of States and political subdivisions.. .2,770,424.04 Deposits of commercial bank 51,229,000.00 Certified and officers' checks, etc 95,305.10 TOTAL DEPOSITS .530,933,292.42 (a) Total demand dep05it5.510,140,431.04 (b) Total time and savings deposits $70,794,441.54 Other liabilities 1,421,755.13 TOTAL L1A81L1T1E532,754,547.75 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant to IRS ru1ing5)313,403.73 TOTAL RESERVES ON LOANS AND SECURITIES 313,403.73 CAPITAL ACCOUNTS Equity capital-total 2,751,194.43 Common Stock-total par valuel,ooo,ooo.oo No. shares authorized 100,000 No. shares outstanding 100,000 Surplus ;1,000,000.00 Undivided pr0fit5,751,194.43 TOTAL CAPITAL ACC0UNT52,751,194.43 TOTAL LIABILITIES, RESERVES, AND CAPITAL ACC0UNT5.35,019,144.11 MEMORANDA Average of total deposits for the 15 calendar days ending with call date 29,700,724.41 Average of total loans for the 15 calendar days ending with call date 19,020,205.95 I, Ronald W. Massey, Cashier, of the above named bank do hereby declare that this report of condition Is true and correct to the best of my knowledge and belief. Ronald W. Massey Cashier We, the undersigned directors attest the correctness of this report of condition and declare that it has been examined by us and to the best of our knowledge and belief is true and correct. John T. Newton R. W. Cheatham Directors C. A. Knowles - hand-picked successor; the Rev. Ralph Abernathy. The group continues nonviolent protests — marches and boycotts —which catapulted King into promi nence in the 1950 s and which they think are more in line with King’s dream. Mrs. King denies there is any rift between her husband’s followers —those who have chosen to work with her or the others who have stuck with SCLC. “I don’t see any basic conflict between what we have set as our goal and what any other organization would set as its goal,” she said Wednesday, her husband’s birthday. “Every organization has a right to whatever methods it sees. I don’t there is any basic conflict because I think we are all working for the same thing." But the SCLC, which King led in massive civil rights demon strations until his assassination April 4, 1968, believes the Martin Luther King Center for Social Change, Mrs. King’s group, has shown animosity to the SCLC. “The center has been very hostile and anti-SCLC,” Tyrone Brooks, a spokesman for the Atlanta-based SCLC, said re cently. “The people who make up the center’s board of directors are powerful, rich people; people we have been fighting across the country. They don’t feel they can have a relationship with SCLC because we’re too controversial.” The center held a conference Monday on extension of the 1965 Voting Rights Act, and Brooks was highly critical of the meeting. “We feel like we can’t just sit and theorize about the him (King) in conference,” Brooks said. “If he was alive today he would be holding demonstra tions against unemployment and hunger, not just sitting in a room talking about it.” The Rev. Calvin Morris, executive director of the center, thinks the criticism is unfound ed and that both groups are addressing relevant problems. “Voting rights is an issue that we can’t let die,” Morris said. “Someone has to address himself to that. And someone has to address himself to unemployment. “There is alot to do and one group should not criticize another for having another focus. I can’t imagine why anyone would say we’re against the SCLC because we don’t ever say anything about the SCLC. And we certainly don’t say anything bad about it.” But the split between the people who followed King was pointed up Wednesday when the different groups observed his birthday with separate activi ties—only yards from each other. Mrs. Rosa Parks, who refused to move from her bus seat for a white man in the 50s, entertainer Harry Belafonte, Mayor Maynard Jackson, and other dignataries joined the King family in dedicating King’s birth home and breaking ground for the center adjacent to Ebenezer Baptist Church. The SCLC, and various labor and community groups marched from the church to the state Capitol to protest unem ployment. GRAVE SITE LA GRANGE, Tex. (UPI) - Near this south central Texas town are the graves of nearly 30 Texans executed by the Mexican army for attempting to escape as prisoners of war. The men were part of an expedition against the town of Mier, a battle which they lost. They escaped and when recap tured had to draw lots to see which one in ten would be killed. Congress not shifting on trade WASHINGTON (UPI) - Con gress shows no sign of changing its position in favor of increased emigration of Rus sian Jews, despite administra tion statements that this was what prompted the Soviet Union to reject the 1972 trade agreement. The reason for the rejection is still confusing. There were indications it may indicate a shift in Kremlin thinking. Some members of Congress feel a JCPenney Pre-Inventory SALE. GREAT SAVINGS! I JCPenney's White Sale Good Through Saturday Entire line reduced T . ? 07* / w Featuring Our Dermity Printed Sheets Twm 5,49 Full 6.49 4 74 Prints ■ Checks ■ Wh,t« 4 M 3 „ Special Mattress Pads Boys' Special Sweaters 100 Percent Polypropylene Cover 100 ? 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The agreement is considered a cornerstone of detente be cause a major Soviet goal was access to American technology and markets. Congress felt the Russians should pay for that achievement by allowing more Russian dissidents, especially Jews, to leave the country and go to Israel. Detente endangere The administration kept push ing for just the trade agreement, which would have given the Soviet Union most favored-nation status, the same accorded to the Western na tions. Congress, led by Sen. Henry M. Jackson, D-Wash., and Rep. Charles A. Vanik, D- Ohio, held out. Finally, an agreement was reached, which allowed in creased emigration and Presi dent Ford finally signed the Page 11 — Griffin Daily News Thursday, January 16,1975 agreement on Jan. 3. When Secretary of State Henry A. Kissinger announced the rejection of the agreement on Wednesday, he said the Russians feel the law violates “the principle of noninterfer ence in domestic affairs.” In his State of the Union speech, Ford added a statement that underlined Kissinger’s criticism. “If our foreign policy is to be successful,” he said, “we cannot restrict in legisla- tion the ability of the President to act. The leaders of the congres sional fight for freer emigration — Jackson, Vanik, Sens. Abraham Ribicoff, D-Conn., and Jacob Javits, RrN.Y. — expressed disappointment that the agreement had fallen through, but gave no indication they would change their minds. The amendment had passed, 319-80, in the House and had been sponsored by over two thirds of the Senate.