Page 5 article text (OCR)
WEUNESDAY, MAY 18, 1D4!) BLYTIIEVILLE (ARK.) COURIER NEWS PAGE Utility to Revise Financial Setup Ark-Mo Seeks Okay l> On Sale of Stocks And Big Bond Issue With an application pending before the Arkansas Public Service Commission In Little Rock, officials of the Arkansas-Missouri Power Company, which has its headqanrt- ns here, today prepared to file a similar application with tho Missouri PSC asking approval of plans for financing the company's expansion program. The company serves a large area in northeastern Arkansas and In southeastern Missouri and has under construction near St. Francis. Ark., Init across, the state line in Missouri a 30.000-kilowatt generating plant. Financing plans of the utility, required to meet the continually increasing electric needs of this area, call for the Issuance of over S8,- 500.000 in stocks and bonds. In addition to the SG.OOO.OOO generating nlant, to be the largest In this area, Ihe company plans to spent! an additional $2.500.000 on high- j voltage transmission lines, substations and other equipment necessary to further improve service to all communities served as well as meet expanding agricultural and industrial requirements of Ihe area. .-^Building Ili-T-ini- to Klylhevillc Included in this expccliture will be a 110,000 volt transmission line from the new plant to nlytheville via Haytl. where one of the company's largest substations is now being built. A 52-ton i:i.3M KVA transformer for the new Haytl substation arrived last week. A new outdoor-type switchboard of the latest design and other new equipment are also beinK installed in the company's Blythcville substation, to Insure more dependable service in the Blythevillc area. Scheduled for completion the early part of next year, the new generating plant will provide additional electric service for th company's 35,000 customers i n Northeastern Arkansas and South eastern Missouri, including six loca R.E.A cooperatives which are turn Ishcd power at wholesale. Construction of the new plant wa started In May of last year, ai order for Us gigantic gcneratin: equipment having been placed will the. manufacturer sooir after th end of the war in anticipation the large growth of electric con sumption In this area. fif To Own New Plant It was originally planned that the new generating plant would be built by an outside firm and leased to Ark-Mo with an option to buy at » later date. However, the plan was abandoned in favor of the new financing program \vhcrcby Ark-Mo will own as well as operate the facilities.. The company's application said Beta Sigma Phi Installs Officers; Teacher Talks on Speech Correction Mrs. Fransworth Black was Installed as director of the Alpha Alpha chapter of Beta Sigma Phi Sorority last night, and Mrs. W. J, Pollard was installed as sponsor, and each was presented sorority pins during the Installation by Mrs. Francis Oammtll, sorority president. The Installation was a part of a combined social and business meeting at the home of Mrs, Jack Owens. Miss Alice Marie Ross, First Grade teacher at Ynrbro and a student of speech correction, spoke- to the group. Corrective Steps UrKftd Miss Ross pointed out that there was cause for alarm when chlldrcr were slow starting to talking, since there was possibly a hearing defect She stressed eurly checks since the aura between three and five were the ones when greatest correctiv progress could be made. Miss Ross said that somtimes child's spcecli was made nnlnlellig ible merely because he would sub slilute only a few sounds, and tha the defect should be corrected earl before It had serious repercussions < personality or social development. The speaker, who was'enrollcd I speech correction classes at the Un ivcisity of Michigan last year nnd will return for further study this mimer, said that "quack" schools correcting stuttering were one f the chief concerns of accredited icech correction authorities. She explained how methods such s squeezing a rubber ball held n the hand would stop stuttering >y taking the victims mind from Is speech, temporarily, but that f ter the habit patterns were formed ich corrective pleasures lost their alue. She advised the study of the ccredlted speech correction experts lanupl, prior to tackling a speech orrecllon problem. CJinlci Now In Tills Area According to Miss Ross, speech orecllon Is relatively undeveloe|>e<l n Arkansas and tills area. A speech linlc In Little Hock Is less than wo years old and the clinic In Memphis Is about three years old. Prior to her address Misses El- olse Yates and Mary Gray reported on plans for a dance to be conducted at the Cedars Club, May 27 with members of the Alpha Delta chapter and the Nu Phi Mo sorority Junior affiliate of Beta Sisma Phi. to be guests ol the Alph Alpha chapter. Miss Barbara Child was named t act as treasurer during the summe since Mrs. Randall Hawks will be out of town. The sorority voted at the las. meeting to continue meeting dur- iiiK the summer, rstlicr than to disband for tllree months, as had previously. The ncxl mccltng will >>r June 7. a railed meeting, with Mrs Fi'.'d Stedmiui as hostess at the chihroom In the City Hall. Mrs. Owens was assisted as hostess last night by Mr .Hawks. There were about 25 members and guests present. llinn the mai rinse experts usually admit. When nmrrliige Is based on real love, a couple can meet almost any kind of problem, overcome all sorts of handicaps, and end up by laughing at (lie exports. That is, If the young coirple RO nlo marriage confidently, never havliii! any doubt that the mnrrlage will last. The town of Lancaster, Mass., recently put pasteurising regulations Into effect, bringing lo a total of 100 the Massachusetts communities now requiring Mint nil milk be pasteurized or certified. Missourian Is Homed Catholic Knights Head CINCINNATI, O., May 18. (/>•)—A Ml&somliin Is Ihu new supremo president of tho Supremo Council, Catholic Knights of America. Ho Is Chillies N. Popu, Hermann, Mo., who was elected to the post yesterday at tho group's 30th im- nuitl convention. Three other Mlssourlnns also were elected to ofllcu, Normnn Patrick, HI, I/nils, supreme secretary; George KinlstnekT, St. Ixjiilg, supremo treasurer, mid Wlllliim H. Otto, St. Louis, » member of the board of Bupremc South Chin*, dMpiU to** B tnlu areas where few people has a far greater population the United State* although It covet* less tlian one-fourth the IK Read Courier Mew* WE, THE WOMEN By Kuth Millctl NKA Stall Writer Experts Can Be Wrong On 'Poor Risk' Marriages A woman who has been happily* married foi 12 years says she took didn't see that lest BEFORE she one of those "Will Your Marriage Be Happy?" tests recently, just for Ule fun, of it, only to dicover that according to the answers, she and her husband never should have married eav}ll other at all. According to the outcome of the test, their matrmgc was a mighty puoi risk. Hci husband Is an only child, and v/orse yet, tile child of divorced parents. When they married she was earning more than he was—for he was starting his career nt the bottom. They are of different religious faiths. And to add the final handicap to the marriage, her mother lives with them during part of each year. According to most marriage experts, all those facts are serious drawbacks to a happy marriage. This wife says she Is glad she it proposed to issue S3,150.000 of I mortgage bonds. interim notes exchangable of 70,000 shares of preferred stock having a par value of $25 per share and 140,000 shares of common stock having a par, value of $D per share and 85.500,000 principal amount, firs named her husband. It might have .r-ared her. But being Ignorant of all the chnnce.s Tgninst their being haplly nan-ierf, this couple went ahead with complete faith that their marriage would be happy and last a lifetime. 'Here svc had all those terrible iroblems and didn't realise how .erious they were." the wife says | with a chuckle. ''So we just met our problems as they came along and they never seemed Insurmountable." Love Can Ilalauce "Poor Risk" I tell you that story because in spite of all the experts' advice young men and women keep right falling in love with and marrying what the experts would cal "poor risks." But if two persons are deeply in love, if they take it for granted that they'll stay married for life, it they meet tlieir problems as they come along, they'll probably get along all right. They may not be Ideally happy all the time. But few people are—whether married to a good risk or ft poor one. Love is a more powerful force When It's Time To Eat It's Time To Refresh A 3k j or it either way . . . bolft trade-marks mean the same thing. IOIHEO UNDE« AUTHORITY OP THt COCA.C.OIA COMfANY »Y OPEN AN ACCOUNT YEttTBIGGEST VALUE! COVERED IN BEAUTIFUL MOHAIR VELOUR See this outstanding value today at Wade's. Suite is of best quality construction, with one piece coil spring base, and inner spring cushions, covered in long wearing mohair velour covering, built to give years of comfortable service. A small down payment delivers. SOFA BED! SPECIAL**? $ 89 95 UP Talk about value, this Is really It! TMs blfc woorf arm sofa of all spring construction, cnvrrcd In long wearing taprstry covering. Your choice of color, priced at this amazingly Ittw price. See this Talue today. Purchase, on Warfe's easy payment plan. A small down payment and (he balance on small weekly or monthly payments. 34.95 '•? —' __^___ i m' J -' J ^y . . ^ : 1 l^^fe umm^,..M gift to hold "•0&^ her dreams!; W* AbeantiM LANE Cedar Hope Chest COCA-COLA BOTTLING CO. of BLYTHEVILLE 6 194?, rh» Cocl-Cda 2 PC. SOFA BED SUITES VELOUR COVERING 7Q95 Regular $98.50 Value j / yn CHIST Ha, 33I« Gr.icrfnl dr-Vcn thai . h.irmoDir.w* wild any mahogany atytoa. »59'- J WADE FURNITURE COMPANY "Trade With Wade and Save" STORES IN BLYTHEYILLE, ARK., UNION CITY and MARTIN, TENN.