Collection: Newspapers > Nevada County Nugget

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Title: February 4, 1965 Collection Type: Newspapers Collection Name: Nevada County Nugget Published: February 4, 1965 Copyright: In the public domain or published before 1925 Physical Format: Newspaper # of Pages: 24 Download PDF: User Login Required Download OCR Text: User Login Required

Printed or handwritten: All printed text Date Scanned: 2023-04-13 01:32:38 Scanning Equipment: Professionally Scanned OCR Software Version #: tesseract 5.4.1 Item Sourced From: JPGs First Created: 2025-03-17 04:11:12 Last Updated: 2025-03-17 04:11:12

Original Held At: Doris Foley Library Location: 211 North Pine Street, Nevada City, CA 95959

Page: of 24  

February 4, 1965...Nevada County Nugget... ’ 9 William Wasley ZIP Breakthrough Announced By Postmaster Today Nevada City postmaster Wil» liam J. Wasley said today he has received word from Postmaster General John A, Gronouski in Washington, that a big “breakthrough” has now been made on electronic machines to "read" ZIP-coded addresses on mail. “The Postmaster General said he expects, to begin installing these sophisticatednew machines in major post offices starting in . about a year," Wasley explained. Gronouski said each machine will be able to sort, as well as read, at the rate of 35,000 letters an hour. The offices to get the address readers have not been announced, but the local postmaster said they will have significant effects on the mailin and out of each community regardless “of whether it gets the new machines. This is because they will speed incoming mail to smaller offices from major cities and step up the dispatch of mail deposited in smaller communities but which must be processed enroute at major mail massing points. The postmaster emphasized, however; introduction ofthe “seeing eye” device next year does not meam ZIP Code isn't useful already. "ZIP Code" he explained, “is important in mail handling under~ the system of mail processing already in use which will continue to be inuse as the basic system at most points, These machines will be just another step--in conjunction with the mechanical mail sorting machines we have developed--to help keep pace with the growing volumes of mail, Neither willthe machines endanger jobs — they will only help us meet mail expansion with minimum manpower expansion. “ REMODEL Furnish Everything: ideas Designing . Financing .Materiais Construction BUILDERS & CONSUMERS LUMBER COMPANY G. V.-N. C. Highway At Glenbrook. Phone 273-6105 What's in it for you? Quite a lot. As one of the eleven California savings and loan associations that make up Financial Federation, we’re proud to announce that we and our affiliates now have more than a billion dollars in combined assets. To you, our savers and our borrowers, this billion-dollar milestone demonstrates the acceptance of our sound, progressive policies. As a member of Financial Federation, we offer the unique advantage of personalized local management combined with federated strength. Each loan is tailored to your individual needs. Savings accounts are assured maximum earnings with maximum safety. Stop by and let us acquaint you with some of our exclusive services. MIDVALLEY SAVINGS ‘ii0\sith CURRENT ASSETS $50,670,650. Locally managed member of Financial Federation, Inc. « Federal Savings and Legn Insurance Corporation + Federal Home Loan Bank System Fe FEDERATION GRASS ‘ VALLEY 152 SOUTH AUBURN ST. ESTABLISHED 1927 <a HOME OFFICE: 317 FOURTH ST. MARYSVILLE LIQUIDITY