The Courier News from Blytheville, Arkansas on April 11, 1950 · Page 9
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The Courier News from Blytheville, Arkansas · Page 9

Blytheville, Arkansas
Issue Date:
Tuesday, April 11, 1950
Page 9
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TUESDAY, APRIL 11, 1M0 BLYTHEVILLE (ARK.)' COURIER NEWS »AG« Farm Inflation May Have Ended Economist Claims • Upward Trend of Finance Is Stopped HOT SPRINGS, April 11. (AP) — A farm economist said yesterday "the Inflationary upward trend" of agricultural finances may have ended. Norm a J. Wall of the Depart- •jjknt of Agriculture's Bureau ol Wlcultural Economics, reported that "preliminary estimates of the balance sheet of agriculture for Jan. 1, 1950. reflect some of the first downward adjustments from the wartime peak." In an address before the Agricultural Commission of the American Bankers Association, meeting here Wall 5«W: Valuation Dropf "The valuation of the assets of the nation's agriculture at the beginning of 1050 showed a reduction of fllglitly more than" four billion dollars from the penk of 127 billions reached at the beginning of 1M9. The net decline in assets was accounted for by reduction in tue validation of real estate, livestock crops stored on and off farms and depos- lls and currency. "These reductions were partly offset by increased assets In machinery, motor vehicles and minor Increases in household equipment, U.S. Saving Bonds and investments in cooperatives. Indebtedness Increase* "On the liability side, farm indebtedness during 1949 increased about three-quarters of a billion dollars. Farm mortgage debts showed a substantial rise during 1949." Wall noted that prices received by farmers had declined 23 per .cent since 1948 and said'a further drbo Is expected. t [though the overall financial debt situation of agriculture In 1950 is relnlively favorable," said Wall, "certain elements In the current situation may react unfavorably upon the financial and credit position of agriculture." State Coal Production Shows Drop LITTLE ROCK, April 11. (fl — Arkansas' coal production since Jan. 1 has fallen below tonnage produced during the first three months of 1M9. Obviously the recent labor dispute between coal operators and the United Mine Workers affected this year's output In the Arkansas fields. The Arkansas Revenue Department today reported 289.480 tons of coal were produced In the state during the first three- months of 1950. Production during the first quarter of last year was 39«,013. The state severance tax (money collected on natural resources taken from the ground) on this year's coal production totaled $2.894.80. The state obtained $3.960.13 in taxes on coal dug during the first quarter of 1949. The fax is one cent per ton of coal mined. Severance tax collected on other resources this year included: Timber. $30.671.11; natural gas, $22,113.41; crude oil. $752.434.49. an* Harold B. and Marie D. Wright to Paul J, and Betty Sue Yarbrough, Lot 1 of Block "B" of the John B. Walker Second Subdivision, #00. O. E. and Nancey Cagle to E. W. and Ival Kielfner, EJ3 ol Block 5 of the Malhewt.' Second Addition, Roland VI .and Jimmlc Oleo Davis to c. O. Thompson, a plot 15 by 190 feet in -Section 10-1SN-11B, containing j-i|j acre, »1200. Max B. and Annie Laurie Logan and Marie D. and Harold B. Wright to Joe D. and Caroiyn igleheort, Lot 2 of Block B or the John B. Walker second Addition, MOO. Blythevllle Development Company to L. l>. and Ada Elizabeth Bearden, Lot 17 of Block « of UM Wilson Third Additln, *J1S. Max B. and Annie Laurie Lojan, Harold B. and Marie D. Wrlt-nt to Fred T. and Prance* McGregor, lot « of Block "O" of the John B. Walker Second Subdivision, (MO. Max B. and Annie Laurie Logan, Harold B. an< Marie D. Wright to Jerry Preston and Helen Harmon, Lot of Block "A" of the John B. Walker Second Subdivision, MOO. Mrs, Ruth Craig and Eddie Ruth Craig to Charles and Bessie Chlsm, 40 acres In Section Z7-15N-11E, »«,COO. Max B. and Annie Laurie Logan, Harold B. and Marie D. Wright to Bucl B. and Bertha Mae Phillips, Lot 3 of Block "B" of the John B. Walker Second Subdivision, $800. Medical Group Still Considering Corse of Sander MANCHESTER, N. H-, April 11. (£»}— The board of censors of the Hillsborough County Medical society has reached "no definite conclusion" in the case of I>r. Hermann N. Sander., Dr. Theodore R. Lee, spokesman for the three-man board, declined to comment further after a closed meeting Saturday. Dr. Lee refused .o discuss whether the board would meet again for" further consideration of charges •grtnst the young. doctor or. submit ^^-•commendation to the full body - of the society. j - On March 19 the society refused to take any action against Dr. . Sander, acquitted by a jury of the . murder of a cancer patient. A charge later was lodged against him by a member. The nature of the charge was not disclosed. Dr. Sander, 41-year-old Candia physician was acquitted of murder- ins Mrs. Abble Borroto by Injecting air into her veins. The Issue of euthanasia, or mercy killing, was mentioned promiently, but was not « part of his actual trial. Nationalists Protest . Russian Aid in UN Talk LAKE SUCCESS, April'II. (#)— Nationalist China charged in the United Nations yesterday that Russia has sent many Soviet planes and airmen to help Communist China. The Nationalists demanded an early meeting of the year-around t -mbly to consider the new phases of the Chinese conflict. Nationalist chief Delegate T. F. Tslang made the charge* in a letter to the little assembly president, Joao Carlos Munlz of Brazil, and then conferred with him about calling a meeting. Real Estate Transfers (Chickasawba District) J. M. and Betty Lee Frankum to L. O. Rijss. 34.04 acres in Section 3«-16N-10E, exchange of property L. O. and LIddle Riggs to J. M. and Betty Lee Frankum. 40 acres in Section 33-16N-10E, exchange of property. James N. and Marion Vcrna Moore to Leo J. and Emma bon- ner. 40 acres In Section 3Q-14N-9B, $8,600. Max B. and Annie Laurie Losan, Harold B. and Marie D. Wright to Freddie and Mary Lou Perry, Lot ,9 of Block "P" of the John B. Walker Second Subdivision. $1,000. Charles E. and Beatrice Brown to L. H. and Mary Essie TrU:ty. « plot containing 6000 square feet in Section 17-15N-8E. $1 and other consideration. Ernest and Katie Pearl Ray to Claude L. and Marie Kilwyck, Lot 5 of Block 2 of the Blythevllle L"m- ber Company Second Addition, $6,750. C. R. and Myrtle Osburn to Lillian Gainc.s, plots 108 feet by 54 feet and 108 feet by 47 feet In Section 9-15N-I1E, $1 and other consideration. Lillian Gatnes to C. R. and Myrtle Osburn, plots in Section 9-15N-11E. 108 feet by 54 feet and 108 feet by 47, $1 and exchange of property. William O. and Nell Barbour to W. C. Reagan, Lot 5 of Block 11 of the Ruddle Heights Addition, $3,000. Dr. R. L. and Mary Ellen Johnson, to E. O. Adams, part of Section VlftN-llE, »2flflO. T. J. and Altie Smith to George H: and Ruth Harris, Lot 21 Block' "B" of the J. P. Pride subdivision of the SEjl v oI Section 17-15N-1IE, »300. Susan Moore to George and Katharine Stringer, Lots 1 and 2 .of the Block 10 of the W. W. Hollipeter Second Addition. $450. O. W. and Cliffie J. .Davis to Roland W. and Jimmle Clco Davis. 1 1|2 acres ni Section 10-15N-11E, J2.000. ' Vera Ferguson to Ruby and Jame= W. Payne, Lot 4 of Block 1 of the Davis'Thlrd Addition, $1,250. Dixie Greyhound Line.s, Inc.. a Delaware Corporation to the Greyhound Corporation, Lot 1 and Lot 1 of Block 7 of the Davis Addition, $10 and other consideration. Lauren . and Marion Kneas to Oaylord D. and Mary Frances Lewis, the south »0 feet of Lot 18 of Block S of the Davis Third Addition, $1 and other consideration. Max B. and Annie Laurie Logan f Our Telephone N amber 4438 Shelron Motor Co. Be Thankful For Health Most of us who enjoy good health accept It ai a mailer of course. It Is only when we have experienced the pains and suffering that, accompany severe illness that we can fully estimate and value lh« slaU of being well. Tor more than fifty-four years Chlropracllc has been delivering an ever increasing health service to »lck and iuflering humanity. Chiropractic Is a separate and distinct heallh tdenc*. The Chiropractor does not treat, heal or cure. He use* no drugs, and he does not practice medicine, surgery, or osteopathy. His objective Is lo restore the normal transmission ol nerve force from brain to the various organs, muscles and tissues of the body, by adjusting the vertebral subluxatlon that Is creating Interference to such normal transmission and causing disease In the body. Renewed health li the natural result. " Lindquist Chiropractic Clinic hon« 3T70 6T5 Chickasawba Str««t Arkanau RENT A CAMERA Low Ratn on Box or Plath Cain«r« C«n 3647 — West M»in BARNEY'S DRUG STORE AD PUZZLE: Which ad do you like best? COMPARE THEM ... THEN READ AD EXPERTS' OPINION ON ANOTHER PAGE See a President here? You'll learn .a lot in the first grade, Mr. Smith! W HAT'S THIS—Dad going back to school? Yes, hc'» bacL in tlic I'irsl Grade . . . )>ui"lhis time il's • 8 a parent attending a Parent- Teachers' Association Meeting.This time, lie's not taking the course . . . he's helping to plan it, and teaming a lot from other First Gniile parent*. Yon see, like lots of folks in out great land, Dad it, hehig a Good Neighbor . . . contributing to the future well-being of the Sotilh. And (pardon our pride!) we\l likn to stand up and. Le counted as Good Neighbors, loo . . . we Lion Oil people. We turn out the fuels and iiiLri^aiiis to keep Southern Industry humming 111 hi^h gear . . . the chemical ferliljiers ID hoast the per- acze production of Southern farms. We're part-nnd-parcel of Southern life . . . doing our hit to make euro the Smith is prosperous today, ami will enjoy an even heller tomorrow. We're "Home Folks". . . proud lo he your Good Neighbors. Conlil he. Becoming President of the United States is m possibility for any hoy. And in any event, these children will get a good education; thanks to th* grownups who tak* *n active inters it in the schools. Here's a chance toryoti to be a Good attend the local Parent- Teachers'meetings ... to do your part to promote a better juturt for today's youngsters. It's a job you'll be proud of doing . . . just as Lion Oil is proud of iis work toward a better tomorrow. You see, Lion's employees, independent dealers and stockholders are "Home Folks." Their work produces fuels, lubricants, asphalts, protective coatings, fertilisers and other chemical products—.ill of which help spin the wheels of Southern industry and add to the South's prosperity. Yes, Lion Oil is proud to be your Good. Neighbor .; ."Home Folks"... working hand-in-hand for a brighter future* LION OIL "<Sto/i at the sign COMPANY «/ i.he ition** ttJnt In Lion's ipa/Vting network radio show, "Sunday Down Soulh," every Sunday •vcnngfrom 5 lo 5:30 o'clock. MuiTcand &ong*in IlieSoulhern manner. LION OIL COMPANY EL DORADO. ARKANSAS l/M Off Moftw Mm« IvoWUg fmtuehi PETROLEUM: Motor G&so!Enei. Hu.ane (,i5. Kerosene, Timor Fuel, Ditjcl Fuel. Hc.iin* Oils, Heavy Fuel Oils. Lnluicumff Oils, Protective Contnm, Grebes. Hoad Oils, 1'tvmi Asphilti, Hoofing AirKihi, CHEMICAL: Anhydrous Ammonia, NiiiORcn PertiHitr Soluiionj, Ammonium NI- tztic Fertilizer. Sulphate of Ammonia. AQUA Ammoa!*. Sulphuric Acid. SOUTHERN-MADE FOR SOUTHERN TRADE IT'S TIME YOU MADE THE Yes, just ten minutes is. all it will take you to discover the smarter styling.. . livelier power.. . easier handling.. . improved visibility. .. greater roominess... smoother ride... wonderhd quietness greater value in the better than ever new Mercury! STILL & YOUNG MOTOR CO. Walnut at First Str»«t

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