The Courier News from Blytheville, Arkansas on May 18, 1949 · Page 12
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May 18, 1949

The Courier News from Blytheville, Arkansas · Page 12

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Blytheville, Arkansas
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Wednesday, May 18, 1949
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Page 12
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PAGE TEN Death Benefits Show Decline litMiranci Figur«i Point to Arkaiwai* Low Mortality Rat* Arluniu families received $1,914,000 lo life Insurance death benefit, payment* under 1.5« policies dur- Inc the firrt three monlhs of this ye«r, compared with »2,334,000 vm- der 1,441 policies In the correspond- inc period of bust yemr, the Instl- ' tut« of Lite Iniur»nte reports, "•nwte payments reflect ihe Jow- ered death rate among pollcyhold- er»," the Institute said Inannoun- ing the figure*. 'Although there h»s been an appreciable Incrense in life Insurance ownership, the denth benefit payments In tills first qimr ter were below those for the cor responding period of last year." Of the aggregate payments In Ihl state, $1,477,000 was under 540 or dlnary policies; $535,000 was undf 117 group life hisurnnce certlll cates and $212.000 was under 88 Industrial insurance nolle. IRS. For the nation as a whole. $384 M7.000 was paid as death claln under' 355.027 polices in the fir. qunrter. compared wHli $377.206.00 under 353,532 policies In the corresponding period of last year. Of this year's first quarter payments. $263.300.000 was undci 98.620 ordinary policies: $65.794,000 was under 13.518 group policies: >nd $55,353,000 n»s under 224.891 Industrial policies. Nationally, the death benefit payments were two per cent larger .an a year ago. Other payments to pnl- icyholders showed an appreciable increase. For the nation as a whole, thi payments to living pollcyhoMers were »508,001.000 in the first quarter, compared with »458.60!>.00fl In the corresponding period In 1948. an increase of II per cent. BLYTHEVILLE (ARKJ COURIER NEWS WEDNESDAY, MAY 18, 1949 ~~ U. S. Asks Permission to Fire Missiles Over Bohomos Map M rhtM shows how the proposed SOW-mile-long guided rrmsiU t«1 rang* KroWs the South AlUmtfc would cross the Rahumiis, a British possession. The U. S. is now negotiating with Bnt.m for pe™l»ion * nre supersonic missile* across the Islands. This development .ndjc.te.th.t £ U S will settle on tile Banana River, Fla., Naval Air Station, map at left, its the launchmf «te of the I20C,«K> 000 lest center. Plans call for ohservation posts along the first SOO miles at m. 3000-mile nntt to track fliehl and Dertormanc* at missiles. German Labor Leaders Awed by Trip to U.S. BERLIN. May IS-I/P, —Nine labor leaders of west. Berlin rclurnrd yesterday (mm the United States, awrd by "Ihe greatest melting pot In 111*' world." "What Impressed i way America hns f people nf 50 nation cratlc lite." snlrt GILS The delegation, spo miltlary government, York. Detroit. Chicago, Milwaukee anrt Washington. India grows most of the world's lupply of JuU. most was ihe simulated the in a (leino- av Picb'ch, isnrcti Ijy U.S. New St. Louis Banker Dies ST. LOUIS, May Id—f/Pi Frank C. Hunt. a vice president ft the Firs National Bank of St. Louis for '2 years, died yesterday of heart dls ease. He was a former president o the Missouri Banker's 'Association War Crimes Sentences Upheld by Authorities TORY O, May IB—I/I')- -W a r Crimes sentences against live Jap- ane.se admirals including a cousin of the emperor have hopn upheld by Ihe U.S. Highlit Army reviewing authorities. The admirals and II olher navy officers were convicted Insl Dec- etnher of conspiriuK to kill survivors of alllett ships torpedoed by Japanese submarines. Vice Adm. Tcruhlsa Komalsu. BO. the emperor's cousin, was .sentenced In 15 years In prison. Sentences for the other admirals ranged froti eight lo 20 years. Request for 'Free' Plants Baffles U.S. Coast Guard Arthur Godfrey Paid $440,514.16 during Last Year WASHINGTON, May U—«•)— Arthur Gefrey, radio and television tar, was paid 1440,514.16 lust year y the Columbia Broadcasting sys- em, reports to Ihe Securities and Exchange Commission disclosed yes- erday. 'Hie funnyman master of ceremonies topped the list of salaries >ald performers by the network commentator Lowell Thomas, lowever, was a close second with $429.300. The .salary figures showed IBS President Frank Stanton was paid *109,798.80. All payments for services Included In the report cover income before Laxefi, SEC pointed out. The American Broadcnsling Company, whose report also was made available, paid Its top performers $180.229.40. The sum went to Don McNeill. slur of the "Breakfast Club" program. Paul Whiteman, ABC's musical director and vice president, received $145,316.56 while Mark Woods, the network's president was paid $75,000. The National Broadcasting Co and Mutual Broadcasting System reports have not yet been filed with NOTICE Notice In hereby given that W. A. Plckird has made application for a permit to erect a brick and concrete building 40 feet by 90 feet on East '£ Lot 5 and West '/i Lot «. Block «. Marsh Addition being in the 1000 block of Chlckasawba Street. This building to be used lor a retail grocery business. Any protest should be in writing and filed In the office of the City Clerlt within 30 days. Dated: May 10, Joe Carney, City Engineer. 1849. 6.11-18 NOTICE Notice Is hereby given that lone Qore lias made application to estab- Ish a Beauty Shop in her residence it 809 West Ash Street. Any pro- esl should be made in writing and filed In the office of the City Cleric WASHINGTON. My Coast Gimrrl headquarters received a letter from Cambridge, Ncl)., yesterday which left it completely latflc'd. "Dear Sirs." the letter rend. "Will you please .send me some of your flee airplanes and 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. , Hospital Board to Meet SEC. lo 3 J.vv B 7rn kl NIX IBEODOR ANT Ithln 3D cUy*. Dated: 5-17-«. W. I. Malln, City Clerk. doctors prove this plan breaks the laxative habit f you t»k* L»E*tiv«« rtgulirly—b«*Yi how c»n fttop! etauM 6 New York doctor* now bar* ltd you nifty break the Umtive habit. Ami _ L .bliin your natural poven of rentiL«ritv, Kighty-thre* iwr «nt of the cue* tetter! did it. }o can you. Slop*t*Itmg wtnlever you now Uke. Inttead: Every night for one w««k Uke 2 Cartel Pill*. Second week—on* e»ch n fit hi. Third week— one every other ni^hl. Then—no thin it! Every day: drink eight £laMe*ot water; wt • definite time for regularity. Five New York Jocton proved tbU plan ji break the [aiative habit. How can a laiative break (he l«iali*« _ibit^ Hrc«u30 Caiter'a Pill* "unblock" the lower digestive tract and from th«n on let it make use of ita own natural powers. Further— Citiler'i Pilli contain DO habit- u'reak the laiative habit . . . with Carter'* Pill* . . . and l*e regular naturally. When worry, oveieittinft, overwork muke you irrnjular temporarily—take CarU/'a I'ill* Uoiporarily. Ami never Ket the laiative habit. fit-L C*rt*/'« Illla >l any drugstore (or 33f today. You'll be «fat*rfu] the tml of your iif*. 25 or more trade m allowance on your old washer, regard- less of make or on a new BENDIX Automatic Washer This Is Your Chance for Real Savings—Come in Today HUBBARD & HOKE Appliance Co. Postmasters Nominated WASHINGTON, May 18. 1,/Pl— President Truman has sent to th Senate these postmaster nominations (or Arkansas: Ralph B. Ellis, Dermott. Ark.; Basil I, Grlgsby, Hartford. Ark,; Louts E Rice. Lonoke, Ark.; Mansel H. Howie, Montrose. Ark.; Wil- RENTACAR Drive Anywhere You Please Simpson Oil Co. Phone 937 Read Courier News Want Ads. ineel Friday H! Ihe hospllalv Ben- tnn unli, Ross McDonnld. board - ROCK.. May Ifl. ifi'i -The .secretary, announced here yc-sler- Arkansas State Hospilal Boai'd will I <lny. RECTAL DISEASES DRS. NIES New Telephone Rates are Needed so the company can fulfill its obligation to serve B JSF. erf low earnings, the telephone company hits found it ticcessur) 1 lo •sk tlie Arkansas Pul)lic Ser\'ice Commission for permission to increase rates for local service in the 74 exchanges the company serves and on long distance calls within the state. We would rather not have t« take .this step, but in the interest of Furnishing the people of Arkansas with the improved and expanded telephone service they want and need, there is no other course. More of everything but earnings The telephone company is enjoying "profitless prosperity." With one exception, it has more of everything. More telephones . . . more calls . . . mote investment . . . more employees . . . more revenues . . . more expenses. The only exception is earnings which at less than 3 per cent on invested capital are still lower than in the worst year of the depression, despite last year's rate increase. Here's why. The telephone company has to 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 t« supply it. For each telephone gained last year in Arkansas—and the equipment behind it—the company had lo invest .$385. Before Ihe war investment per telephone was $230. Last wage increase wilt 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 lo 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 more than telephone rates. Despite recent price declines, telephone costs, including labor and raw materials, are far above prewar levels. this vein 1 , ice and Hood caused serious damage which affected telephone expenses. So it is thai high costs of operation and additions of huge quantities of new tele- phono plant installed at the 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 to keep pace with the telephone requirements of ihe people in ihis growing slate. There are K),(XX) people wailing for service and we receive nearly 3,o(X) new orders a month. Also, 17,500 customers have asked for individual or two-parly lines. $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 to more people by increasing ihe number of telephones in service from 1M.OOO lo 180,000-a gain of more than a half. We have an additional nine million dollars woillt of construction projects scheduled. The problem is to raise tbe needed additional millions. Many businesses can depend on profits to meet a large part of the capilal required for growth. But the earnings of the telephone company are never great enough to permit this practice and Ihe bulk of tbe money required for plant additions can come only from investors' savings. These funds have to l>e attracted mainly by adequate earnings. Without this new money, buildings cannot be erected or the necessary equipment added lo meet the demand that exists for more and better telephone service- Telephone rates up much less than cost of living Although the cost of living began to rise in 19-11 and has increased by about 61 per cent, it was not until last year that an increase in telephone rates was granted. This was the first general increase in 30 years and resulted in a 15 per cent 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 the latter parl of 19 17. Costs have gone up substantially since then, so that the increase in cam- ings expected al that time has not IK-CH reali/ed. Nevertheless, the company has gone ahead with ils construction program. It has done so in the belief lhat the public wishes it to do so and will be willing to pay the moderately higher rates needed to cany out the program. It is important to the welfare of the state thai the telephone industry be progressive. It cannot be, progressive long if it is not financially healthy. These reasons compel the company to request approval of this increase in rales in order that it may fulfill its obligation lo Ihe public. Pro))f>sf(l rates tire available [or ijoiir inspection nt the telephone, business office. SOUTHWESTERN BELL TELEPHONE COMPANY MINNOWS WHITE RIVER SHINERS and GOLD FISH 1 'i 328 E. Main Phone 3292 FARM DITCHES DITCH BANK LEVELING PRIVATE ROADS OR ANY EXCAVATION 55*00 Estimates S.J.COHEN Contractor LYNCH BLDG. BLYTHEVILLE ARK. • Photte 3646and2525 OTTON FARMERS ',- Chemically delinled cotton seed germinate, quicker, plant and plow the same week. Reduce choppinc expense and produce more cotton per acre. STATE CERTIFIED VARIETIES AVAILABLE '^ U. A P. L, No. 14, per 50 Lb. Bac J10.00 1). & P. U No. 15, Per 50 Lb. Bag.., lO.Ott Stoneville '£ B, Per 50 Lb. Bag 10.00 SloneviLle 'Z C, Per M Lb. B»f «... 10.00 Rowdcn «I-B, Per ;»• lb. Bag 10.00 Hall & Half (ilihred). Per 50 Lb. Bar 10.UO Cokcr's 100 Will Resistant, Per 50 Lb. Bay 10.00 Paula, Per 5« Lh. Bay 10.00 Kmiiirc, IVr 50 Lb. Bag 10.00 Cninc in and place your onlnr or get yonr silpjily today. BLYTHEVILLE SOYBEAN CORP. Phnnc 8:)fi Blytlicrillc. Ark. I'hont 857 Branches: LeAelivilTe, Ark.. Homersvillc> Mo. and Scnalh. Mo. 4% HOME LOANS Elhcrt S. Johnson The ICqiutable Life Assurance Society Phone Gli28 Evenings PRESCRIPTIONS Fresh Slock Guaranteed Best Prices Kir by Drug Stores Service — That's Our Motto.' We spare no effort tD providing an EXTRA everyday prescription service which means extra oon- venlence to von Peel tree to call on us at any time Prompt delivery service Phone 507 WOODS • DRUG STORE Scolt Alley SIGN & NEON SERVICE • Better Sljrns • Belter Service 808 Xo. Franklin Phone 320H THF GR\\ES (OMPAM VI TOf\S F-t<it< Phont 521 Phon« 30751

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