The Courier News from Blytheville, Arkansas on May 18, 1949 · Page 10
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The Courier News from Blytheville, Arkansas · Page 10

Blytheville, Arkansas
Issue Date:
Wednesday, May 18, 1949
Page 10
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FACE TEN BIATHEVILLE (ARK.)' COURIER NEWS WEDNESDAY, MAY 18/1949 Death Benefits Show Decline IftMiranc* Figures Point to Arfcanuu' Low Mortality Rat* Arkintu families received »1.914.- MO U> life Insurance death benefit payment* under 1,5« policies dur- tac the first three months of this y*«r, compared with »2,334,000 under 1,441 policies In the correspond me period of last year, the Institute of Life Innirance reports. •Time payment* reflect the Jow- ered death rate among pollcyhold- era." the Institute said inannonn- Ing the figures. 'Although there h»s been an appreciable Increase in life insurance ownership, the death benefit payments In this first quarter were below those for the corresponding period of last year." Of the aggregate payments in this state. $1,477.000 was under 540 ordinary policies; t?25,0"Q wns under 117 group life Insurance certificates and $212.000 was under 889 Industrial insurance oollcics. For the nation as a whole. $384, 347.000 was paid as death claim under 355.027 policies in the firs quarter, compared with $377.206.0(K under 353,532 policies in the corresponding period of last year. Of this year's first quarter payments. 1263,300.000 was undei 98.620 ordinary policies: $65.794,000 was under 13 Jill irroiip policies; «nd $55,353,000 w»s under 254.891 Industrial policies Nationally, thr death benefit payments were two per cent larger .an a year ago. Other payments lo pol- Icyholders showed an appreciable increase. For the nation as a whole. thj payments to living policyhoiders were $508,001,000 in the first quarter, compared with $458.609.0flO in the corresponding period In 1948. an increase of 11 per cent. U. S. Asks Permission to Fire Missiles Over Bohomos Map •« rHfM shows how rtw proposed SOW-fntle-long guided missile te*t ranu« »cro*s the So»*ti Atlantic would cross the Bahamas, « British possession. Tl»e U. S. is now negotiating witti Britain for permission to flre supersonic missiles across tile islands. This development indicates that the U. S. wtU settle on (lie Bana'na River, Fla., Nuviil Air Station, map at left, as the launching site of th« proposed 1200.900,000 t«t center. Plans call for observation posts along the first SOO miles of (he 3000-mil* raniw lo track fliihl and o«rform»nc« of missiles. German Labor Leaders Awed by Trip to U.S. BERLIN. May 18— Wi—Nine labor leaders of west Berlin retilnird yesterday Ironl Ille United Slates, awed by "Ihe mcllhiii pol In llir world." "What Impressed us most was the way America has assiinlliatetl the people of 50 nations in a democratic life." .said Oltslnv Pirl'ch. The cielfRatlcjn. sponsored by U.S. military government, visited New York. Detroit, Chicago, Milwaukee and Washington. india gro»s most of the world's iiipply of JuU. St. Louis Banker Dies ST. LOUIS. May IB—(TTi—F'rnnk C. Hunt, a vice president of the Firsl National Bank of St. Louis for 23 years, riled yesterday of heart disease. He was a former president o: the Missouri Banker'.! 'Association Hat Crimei Sentences Jpheld by Authorities T O K Y O. Mnv 18— !.'Vi—W a r Crimes sentences five Japanese admirals Including a cousin f the emperor have been upheld y the U.S. Kiglilli Army reviewing uthorllies. The admirals and II oilier navy fficers were convicted last Dec- inlwr of conspiring to kill sur- ivors of allied ships torpedoed by Japanese submarines. Vice Adin. Teiuhlsa Komatsu. fiO, the emperor's cousin, was sentenced to 15 years in prison. Sentences for the .other admirals ranged from eight to 20 years. Request tor 'Free' Planes Baffles U.S. Coast Guard WASHINGTON, My 18— (IF}— Coast Guard headquarters received a letter from CamBrldge, Neb., yesterday which left it completely baffled. Dear Sirs." the letter rend. "Will ] please send me some of your free airplanes atid ships. I would Appreciate it very much." The signature on the hand-penciled letter was not made public. The Coast Guard promised to reply as soon as It can think up a good answer. ( Arthur Godfrey Paid $440,514.16 During Last Year WASHINGTON, May 18—«•)— Arthur Gelrey, radio and television lar, was paid M40.514.16 lust year >y the Columbia Broadcasting sys- em. reports to the Securities and Exchange Commission dlsclo-sed yea- erday. The funnyman master of ceremonies topped the list at salaries >ald performers by the network <ews commentator Lowell Thomas, liowever, was n close second with 1429.300. The salary figures showed CBS President Frank Stanton w»s paid H09.798.80. All payments for services included in the report cover Income before taxes. SEC pointed out. The American Broadcasting Company, whose report also was made available, pnld Its top performers $180,229.40. The sum went to Don McNelll, star of the "Breakfast Club" program. Paul Whlteman, ABC's musical director and vice president, received I145.316.S6 while Mark Woods, the network's president was patd $75,000. The National Broadcasting Co and Mutual BroartcnstinK System reports have not yet been filed will NOTICE Notice 1» hereby given that W. A. PJckard has made application for a permit to erect » brick and concrete building 40 feet by 90 feet on East 'A Lot 5 and West ',', Lot t, Block 6. Marsi) Addition being in the 1000 block of Chlckasawba Street. This building to be used lor » retail grocery business. Any pro- est should be In writing and filed 1 the office of the City Clerk ilhln 30 day«. Jot Carney, City Engineer. Dated: May 10. 1949. 5*11-18 SEC. Hospital Board to Meet Postmasters Nominated WASHfNGTON, May 18. (l?l— President Truman has sent to th Senate these postmaster nominal tions for Arkansas: Ralph B. Ellis, Dermotl, Ark. Basil L,. Grlgsby. Hartford, Ark. I>ouls B Rice, Lonoke, Ark.; Man sel H. Howie. Montrose, Ark.; Wit Ham L. Burns. Tillar, Ark. NOTICE Notice Is hereby given that lone Gore has made application to estab- sh a Beauty Shop In her residence t 809 West Ash Street. Any pro- est should be made in writing and jled In the office of the City Clerk FAMILY •Ithln 30 dtyi. Dated: 5-17-49. W. I. Malin, City Clerk. 5 doctors prove this plan breaks the laxative habit [f you tak« LuftUvM nfulvly — KVB'I how you can i top! HecauMi fi N»w York doctor* now hiv* proved YOU na«y break the laxative habSt. And MUbliin your natural power* of regularity. Eighty-three p#r cent of Iheeaaea tested did ft, So can you. StopvtiVinf »haUv« you now taVe. In•ttad: Every nljfhtforone wt*kta!c«2 Carter'a Pill*. Second wetk— one each ui|[ht. Third ek — oacevwy other nigh I. Then — n ry day: Orjnk eJj£rit • defmile time for retculanty. Five N«w VorV doctor* p/ov»4 thl» p9u> «*o break the Laiative habit. How can a laxative break the laiatira babit? Because Carter's PLLLi "unblock" the lower ilJjjfativfl UacL and from Hum on let it n«ke me of ft* own natural SHI we fa. Further— <;uit«f'i 1'iHi contain no habit- (orminif druifi. Urtak the laxative habit . . . with Carter'* PUl» . . . and b* regular naturally. When worry, overeating, overwork make rou irrcjjular temporarily — take Carter's I'illi Uraporanly. Anil never v«t the laxglive habit. fiel Carter's PWa at any drugature fur IKf* today. You'll be gratttful the rest of your If*. $ 25 or mure trade in allowance on your old washer, regard- less of make or condili^ra on a new BENDIX Automatic Washer This Is Your Chance for Real Savings—Come jn Today HUBBARD & HOKE Appliance Co. RENT A CAR Drive Anywhere Vou Pleue Simpson Oil Co. Phone 937 Read Courier News Want Ads. meet Filday at the hospital'- Benton unit, "ROSS McDonald, board tiTTI'LE ROCK, May 18. I/PI—The | secretary, announced her* yester- Arkansns State Hospital Board will ' day. New Telephone Rates are Needed so the company can fulfill ifs obligation to serve B USE of low earnings, the telephone company has found it necessary to «sk the Arkansas Public Service Commission for permission to increase rales for local service in the 74 exchanges tlie company serves and on long distance calls within the state. We would rather riot have to lake this step, but in the interest of furnishing the people of Arkansas with Ihe improved and expanded telephone service they want HIK) need, there is no other course. More of everything but earnings The telephone company is enjoying "profilless prosperity." With one exception, it has more of everything. More telephones . . . more culls . . . more investment . . . more employees . . . more revenues . . . more expenses. The only exception is earnings which at less than 3 per cenl on invested capital are still lower than in the worst year of ihc depression, despite last year's rale increase. Here's whv. The telephone company has lo install immense quantities of new telephone plant at the higher level of postwar prices. People want service when they order it, and the telephone company has to do its best to supply it. For each telephone gained last year in Arkansas—and the equipment behind il—the compan)' had to invest $385. Before the Wat- investment per telephone was $230. Last wage increase will cost $1,000,000 a year Payrolls, which represent two thirds of expense, have increased sharply because of higher basic wages and more people at work. The wage increase last December together with associated costs, will amount to nearly one million dollars a year in Arkansas. Early POINTS TO REMEMBER: Telephone expenses are way up— earnings are low. Improvement of service depends on earnings sufficient to attract capital from Investors to build new plant. Other prices have gone up much mon than telephone rates. Despite recent price declines, telephone costs, including labor and raw materials, are for above prewar levels. this year, ice and Hood caused seriom damage which aflccti'd telephone expenses. So it is thai high costs of operation and additions of huge quantities of new telephone plant installed at ihe higher postwar levels have combined lo produce the low earnings now being experienced in Arkansas. Now the company must attract millions of dollars of new investment money lo keep pace with the telephone, requirements of the people in this growing state. There are }0,000 people wailing for service and we receive nearly 3,500 new orders a month. Also, ]7,5(K) customers have asked for individual or two-parly linos. $9,000,000 in improvements are scheduled We have spent 25 million dollars since the war in a huge construction program. We have been able to give service lo more people by increasing the number of telephones in service from") 1-1,(XX) lo 180,000-a gain of more than a half. We have an additional nine million dollars worlh of construction projects scheduled. The problem is to raise the needed additional millions. Many businesses can depend on profits to meet a large part of the capital required for growth. But the earnings of the, telephone company are never great enough to permit this practice and the bulk of the money required for plant additions can come only from investors' savings. These funds have lo l>e attracted mainly by adequate earnings. Without this new money, buildings cannot be erected or the necessary equipment added to meet the demand that exists for more and Ixitter telephone service, Telephone rates up much less than cost of living Although Ihe cost of living began to rise in 10-11 and has increased by about 61 per cent, it was not until last year that an increase in telephone rales was granted. This was ihe first general increase in 30 years and resulted in a 15 per cenl increase in revenues—about one fourth of the rise in the cost of living. That increase was based largely on revenues and expenses experienced in ihc latter part of 19-17. Costs have gone up substantially since ihen, so thai ihe increase in earnings expecled at thai time has not been reali/.ed. Nevertheless, ihe company has gone ahead with its construction program. It has done so in the belief lhat ihe public wishes it to do so and will be willing to pay ihe moderately higher rates needed to carry out the program. It is important to the welfare of the state that the telephone industry be progressive. It cannot be progressive long if it is not financially healthy. These reasons compel the company Vo request approval of ihis increase in rates in order lhat it may fulfill its obligation to the public. Proposal rales lire available for i/oi;r mx/ttcliuu at ilia telephone business office. SOUTHWESTERN BELL TELEPHONE COMPANY RECTAL DISEASES A SPECIALTY DRS. NIES & NIES (All Types Except Cancer) Clinic AH Alain, Blvthpville. Ark, Phone MINNOWS WHITE RIVER SHINERS and GOLD FISH <j 328 E. Main Phone 3292 FARM DITCHES DITCH BANK LEVELING PRIVATE ROADS OR ANY EXCAVATION S><?£ Estimates S. J.COHEN Contractor LYNCH BLDG. BLYTHEVILLE ARK. COTTO N FARMERS i Chemically delinted cotton seed germinate quicker, plant and plow the same week. Reduce chopping expense and produce more cotton per acre. STATE CERTIFIED VARIETIES AVAILABLE D. * V. L. No. 14, per 50 Lb. Bar I). * r. L. No. 15, Per 50 Lb. Bar StonevilJe Z B, Per 50 Lb. Bag Sloneville 2 C, Per 50 i,b. Bac Rowdcn «I-B, Per 5« l.b. Bag .? 10.00 . 19.00 . 10.00 . 10.00 10.00 Halt * Half IIIibrcd). Per SO Lb. Raj; 10.00 Cokcr's 100 Wilt Resistant, Per 50 Lb. Baj 10.00 Paula, Per 50 Lb. Bag lO.llo Kmpire, Per SO Lb. Bn£ »..^...*.. 10.00 Cnme in and place your ordr.r or fjcl TOUT supply today. BLYTHEVILLE SOYBEAN CORP. Phone 85fi Branches: BlythcTilJe. Ark. F L«a divide, Arh.. Horncrsville, anrf Senalh. Mo. 4% HOME LOANS Klhert S. Johnson The Equitable Life Assurance Snciety 1'hcinr 6228 Evenings Service — That's Our Motto.' vVe spare no eltort in pfovidiny in EXTRA everyday prescription service which means extra convenience to von Peel tree U> can an us al any time Prompt delivery service Phone 507 WOODS • DRUG STORE PRESCRIPTIONS Fresh Slock Giiiiritnleed Best F'riccs <irby Drug Stores Scott Alley SIGN & NEON SERVICE • Belter Slsns • Bctlcr Service SOS No Krnuktin Phone 3203 RIP GR\\FS COMPANY •.in- • in'uran. Phont 3075I

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