The Courier News from Blytheville, Arkansas on September 6, 1949 · Page 5
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The Courier News from Blytheville, Arkansas · Page 5

Blytheville, Arkansas
Issue Date:
Tuesday, September 6, 1949
Page 5
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r TUESDAY, SEPTEMBER 6, 1049 Bi/rrrmvn.i.E (Aniu COOT ran NEWS Clothing Prices Reflect Trends Movement of Men's Apparel Costs Is Generally Downward By Clarke Beach WASHINGTON (AP) — Signs 111 the. windows of men's shops la'.cly have reminded you of the good old days. "Midsummer clearance!" "Everything Drastically Slashed!" Not In 10 years have the men's stores run such sales and offered so many bargains. It's enough to make yon wonder whether the haberdashery market have cracKed. It's a visit with the experts in tlie Commerce and Labor Departments, however, that tones down your hopes. To them the big ^midsummer sale.s represent just one Ignore postwar readjustment and arc • no indication that prices of men's clothing will rirop sharply m the near future. Mown a Little Sales have fallen off a little in the past year—seven per tent in dollar Loborer Saves $5,000 in 23 Years, Then Gives It Away to Italian Needy CLEVELAND — fNEAl— for 23 years, Leo Bmnclti worked, slaved and saved for one big splurge. For 18 of those years, he was H tree trimmer. The other five years he worked as a dock laborer. Altogether he saved up $5000. That, he and his wife felt, was enough. The time was ripe for their long awaited spree. What they did was. literally, give it away. The Brunettis went to (heir native Italy. Leo hadn'e been there in 23 years, but he'd been reading about the conditions. He'd heard of the poverty gripping the Italian peasant. So Leo ant) his wife bought S2000 worth of clothing and took it along with them. He gave all of it away to relatives and old friends that he tried lo locate. They were a shabby lot, "dressed like gypsies." Leo recalls. They were all tearfully grateful for the gift of a dec nt coat or a dress Vfhen (he supply of clothing £ i LEO BRUNETTI: M»ybe in another 23 years . . . come back, all they had with then, was the clothes they were wearing. 7wo Mexicans Killed By Aroused Peasants MEXICO CITY, Sept. 6. f,n — Angry peasan 1 * attacking a foot and mouth disease vaccination squad killed two Mexicans nud wounded three others. Reports received Monday In headquarters of the campaign Vignlnsl the cattle disease said the in Wall Street (hat bears inuke money and bulls make money, but anybody who goes whole hog winds up with nothing." attack occurred last week near Huajuapan -\ Hie state of Oaxaca. Vncclnntors, guarded by soldiers, entered the (own and were attacked with stones, knifes and sticks. Those killed were Macellano Ramirez, a vaccltiator, and Jorge Fiscal, n soldier. Two vacclnalors and a soldier were wounded. Two other soldiers were believed to have escaped In the woods around the lonely town. This was the fifth-fatal attack- on foot and mouth disease workers since the joint U.S.-Mexico campaign started in July, 19-17. So fur. 12 deaths have resulted. Indians in (lie remote areas are suspicious of strangers and resent, vaccination of their cattle. PAGE FIVE l t'/ecli Workers Co to University PHAGUE. m— The Czech government's process of pushing workers and the children of workers ahead for university study op]»r- tunlty has brought six hundred applications from workers for the new term. They can qualify to enter the universities after only one-year preparation. Ordinarily preparation would require several years. Most of the t-iindidiites come from the mines, agriculture and technical trades. FOR ALL THAT IS GOOD (N INSURANCE Call 3361 Automobile tall forms) Burglary Business interruption! Dyers * Cleaners Kvtcmlcd Coverage The General Liability Marine (all farms) Personal Property Hlafe Glass Residence Liability Tornado Truck Cargo Windstorm Workmen 1 ! W. M. BURNS INSURANCE AGENCY Leo Brunetti is back on his job ----- ^"i'i'j.» *" t*un...: ft a$ a dock laborer for a big indus- was exhausted, the Brunettis found I trial firm here. His bank account that the supply of needy persons I is slim again, but his smile is , was still big. So 11 .y began to | broader than it's ever been. And [give away (heir own wardrobe, j maybe in notlier 23 years, there By the time they Mere ready to i may be another spree H °' :'s Column— worried the .storekeepers. They still had a lot of goods leit over from the war and postwar days. They wanlr-d to unload them before stocking up on new supplies. Manufacturers' prices for new merchandise are cline very fast i not .ikcly to de- the opinion of | Young Ex-GI Strives to Become Well Street's Youngest Broker Commerce Department specialists. The prices of the two big elements old By Hal Boyle NEW YORK, -MV-A 26-year Elotv. "li'U pick UP| .. he sajd _ . Thcra . s that make up clothing prices—fabrics and labor—are fairly stable anci are likely to remain so. The garment hades are strongly unionized,' M and the unions are likely to hold ! fi. firmly a^inst any severe cut in j believes, he became'the nation wages While here has been con- youngest independent broker. Mderable reduction in prices of some As yet he has tried to buv a fabrics, materials which are in ! seat on the surb exchange (cast; | about $6,0001 nor the stock ex- I change (around SIO.OOOI." But they his next goals. "1 am primarialv going after the working and middle classes for busi- , -- -- pc UP| e sa _ . Thcra . s ex-Air Force sergeant has set I plenty of cash around, and banks ' 1 ' ° me ll!C nra ' boy uti [ aren't paying more than 3 per [rent. The public knows very, very his | little about securities. 01 | "They need to be educated to heaviest demand have dropped very little. j ei,,, Nevertheless, the general trend of ! are the prices of men's clothing, as well as of women's, is downward. The of Wall Si reel. Robert M. Tanncy—he said middle initial "doesn't stand ... Midas"—opened a stock market of-i ,!.„ ,-, ... '^^e-^^^^r-L^dy-^n-^a^a/f^ino la per cent." Tanney plans to specialize in marketing such high-yield securities, and intends (o sell them to low-income people on an allotment basis, if necessary, in the same way the government sold its war- consumers' price index of the Bureau of Labor Statistics (BLS) discloses this. The price of all apparel reached its peak last October. Between September 19!8 and June to l949 the price of apparel dropped 5^5.3 per cent. Rent Still Rising This decline wa.s in line with the price trends of other items which consumers buy. Between September 'and June food dropped 5.1 per cent and house furnishings 5.5 per cent. Rent is the only item which .iciuug MUCKS since ne n-as 11 tmtlKs has not. gone, down—in fact, it is that one of the biggest things steadily rising. wrong with Wall Street is that The BLS figures show that the too many stock salesmen merely cost of women's clothing has rirop- wait for investors to phone them, pcd faster than that of men's. Be- " tween September and June the price of women's clothes fell 7.6 per cent. Men's fell 2.4 per cent. The reason Is mainly that men's clothes are made largely of wool and the price nf woo] fell comparatively little. But cotton, silk and-rayon, the ma- trrial.s from which most women's clothes are macie. fell almost three to four times as much as wool. The same [actors have affected some items in the men's department. Men's pajamas have fallen more than any other item in the apparel line—135 per cent in the September to June period. Shorts, shirts and overalls have also taken a considerable tumble. time bonds. "The best way lo accumulate wealth," he said, "is lo buy large ! blocks or low-priced stocks in op- ness rather than the top cxccu- «TsHr« s^.""-1 -f ~- „. ., . biuui-s. l gmal—companies that won't go un- His idea: to ring the doorbell ot dcr in a depression the common man and convince him "In a bull market these stocks that buying common stock in sound j will make you many limes the American industries is today's best mo tie v that hlEher-'nrtrcri <itnr-it<; investment bet. He plans to staff a • " J 8 ' ° cks 40 salesmen to wage a door-to- door selling campaign. He already has hired four. Tanney. who has been buying and will.' The problem Is to pick Ihem. Tanney, who had to trade through his father's account until he hlm- was of legal age, thinks his |P/oytons Re-Marry HOUSTON. Sept. B. (iTl— Former Undersecretary nf State Will l,. Clayton said today he and Mrs. Clayton were remarried August 6 in Jasper. Alberta, Canada, the Houston Chronicle reported. The Claytons were on vacation with their daughter and her husband, Mr. and Mrs. S. Maurice McCa.shan. The Claytons were divorced last May 24. They first were married in 1902. Clayton is a founder of the worldwide Anderson. Clayton A: Co., cotton firm. He retired from sov- ernmcnt service nearly two years ago. fSKFOR 666 WITH QUININE Army Surplus VVI-: SKI.I. IN JOB LOTS • Mattresses • Cuts • Comforts • Blankets We Buy Good Used (Jlulliinc ANDERSON SHOE SHOP & CLOTHING STORE '10 E. Main Blylhcville Pickard's Gro and Market 1044 Chicitasawbo WIFTS PREMIUM BRANDED BEEF ff We Specialize in Fancy Meats and Groceries . We Deliver Phone 2043 Plenty of Parkin* Spar« aid. . ,—. ^^— WL..T".;, ....« ^, L n^. s OI i e g ai a ge thinks his selling stocks since lie was 11. thinks judgment is as sound asr anybody's thai. n,«, r,r in. hi™.., .,,, l.ivermnre His Irtol "The first block I ever bought was some railroad shares selling for ..T-J~" ij '" ' ........ 12'^ cents a share." he smiled. The older men rattier resent, the j When they got to $50 a share I younger generation coming in." he ! unloaded." Not bad for a boy in grammar school. Some gro.:nups don't do as well on horseraces. Tanncy's boyhood idol was the late Jesse Livermorc. most famous "boy wonder of Wall Street." And he'd like to emulate his carrcr— up to a point: Livermore made 53,000.000 by the time he was 27, and ran it up to $10,000.000 before he went broke in 1915. He made and lost three more fortunes, then shot himself to death in 1940 at the age of 62. "His mistake lion," Tanney. ulated himself. . "1 know some young men who making S350 to 5500 a week .selling securities because they go after new business. Wants lo Kducalc Public ''And 1 know some oldlime customers' men who earn only $20 to S25 a week because they fit in their offices and do nothing. They put up a big front, but they cat two-bil lunches. And they have to be careful how they cross their legs— or else the hole in their shoe will show." But Tanney thinks Wall Street has a sound future even though the flow pf risk capital today is was ovcrspecula- "He just outmanip- There is a saying See these other features, too! Cook-Master Oven Clock Control S-Sp««i Rodianlube Surfoc« Unit! Triple-Duty Ther- mizer Cookffr Full-width storage drawer Acid-proof porcs- loin cooking lop Fluorescent cooking-lop lamp Here's Ihe ideal electric range lor large families. You con bake and broil or roast and bake all al once, electrically! Two complete, oll-porcelam, Even-Heal Ovens and two smokeless-type, high- speed broilers. Each oven has its own conlrols and signal lights. Heavy insu- lation keeps heol in Ihe oven and ouf of the kitchen. It's Frigidoire's fines!) FRIGIDAI RE Electric Range Adams Appliance Co., Inc. _20«5-20S .1. W. ADAMS, M er . Main Phon< 2n71 Those Special Prices Really Talked Loud! We Beat Last August by 25%. Again we say BEAT LAST YEAR OR BUST So watch our windows and ads for more and better bargains. Our warehouses are full of merchandise bought right. With a little price cutting on our part we can show you prices that will surprise you. Here They Are Again! Regular $30 Simmons INNERSPRING MATTRESS 3-pc. Walnut finish, Bed, Vanity, Chest BEDROOM SUITE--69.95 value-- 50 pound rolled edge COTTON MATTRESS -10.90 value - Full size Simmons spring on Iron Frame COIL SPRING - - -12.50 value - - - 19.95 - 49.95 - - 7.95 - - 9.95 AGAIN! This Week Only 9x12, 2nd Grade—All Cash Felt Base RUGS 3 49 5-PC. BREAKFAST SUITE EXTRA LARGE EXTENSION TABLE 4 Upholstered Box Seat Chairs to match. Highly decorated . . . , Actually worth twice the price 29 95 3-WAY TABLE LAMP Washable Rayon Shade 14" High-Pastel Colors JL Q *) SPECIAL 4 10 Piece Living Room Suite Upholstered in High Grade Velour or Duran Rt'K. 51B9 Value 2-I'iccc Cuticli Stiilc 1 Occasional Cluiir 2 :i-\Vay Lamps 2 I.a nip Tables 2 Ittjt;.s 1 Cnffcc Table 129 95 This Week only STUDIO COUCH Upholstered !n Leatherette 34 95 Watch Our Trucks Go By! HUBBARD & SON Furniture (Beat Last Year or Bust) Blytheville Phone 4409

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