The Courier News from Blytheville, Arkansas on October 4, 1949 · Page 11
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The Courier News from Blytheville, Arkansas · Page 11

Blytheville, Arkansas
Issue Date:
Tuesday, October 4, 1949
Page 11
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TUESDAY, OCTOBER 4, 1949 Country Banks Get More Money Farmer-Patronized Institutions Benefit- By Worrime Inflation B.v Itotjcrl E, Gclger WASHINGTON (AP)-War-tl!iie Inflation tunneled a lot of money into "grass vooU" banks—country tanks ijatronizcd by farmers That's the conclusion of Fred L. Garlock. economist for the United States Department of Agriculture. Oarlock says the more industrialization and commcrclaliziion there was In an area, the smaller was tlie 8am in ija,^ deposits. He points to the one-lime dust iy bowl country as Ills top example. In ^ that region, where farmers are the mainstay, bank deposits are five (fines what they were before the war. Garlock'studied U.S. bank deposits for the years I940-'48' He found that by 1948 bank deposits In the fanning communities were almost four times what they were before the war. But ill the large industrial centers they were only about 2 1 3 times the prewar total. In New York city, the largest financial center, they were about 1 1-2 times (he low total. He gives these reasons, among others, for the gain in country, bank dews its: 1. Farm income increased relatively more duving the war than did nclional income as a whole. 2 Farmers' holdings of liquid financial assets (currency, bank de-. posits and United States savings bonds) increased relatively more than did the holdings of all indi- — viriimls and businesses. Conditions Cliansmgr But now lie says condi'.tons arc changing and the inflationary period appears near an end. He adds that in years of "recession", after the first World War, 'deposits flowed in large volume from agricultural areas to financial centers. Such an eiiect nan be cushioned by moving more industries to the country communities, he says, giv- % ing .smaller towns and cities n greater share of the gains from industrialization. Garlock says the country banks appear to be in good condition and that a substantial part of their assets could be converted quickly to cash. This means Hint unless a very serious emergency arises the banks won't have to call upon their borrowers to pay up loans, Garlock says. In past depressions the sudden call for payment of farm loans has increased the trouble. Again he points to the former dust bowl as an example. He sayi' the farmers of tile Great Plains not only have built up their.' bank deposits to an unusually high level-but also have been among tile largest buyers of government savings bands. W. Memphis Road Open MEMPHIS, Oct. 4. liVi —An Arkansas Highway Department spokesman says all four lanes of the new concrete highway from West Memphis, Ark., to the new Mississippi River bridge here will be opened to traffic in about 10 days. Marvin Lessenberry, resident engineer at West Memphis, said Sun^day night the last gap In the roacl- (Pvay was poured eight days ago. The bridge itself Is expected to open around Jan. 1. Forest Fire Protection Pays Good Dividends in Arkansas W/VTHEVTLI.E (ARK.j COTJKIER NEWS ' PAGE ELEVEN WASHINGTON, D.C., — In 1948 AikailSBS had 14,352,000 acres under organized forest fire protection—an Increase of 525,000 over the total protected In 1947. At, the same lime Arkansas was one of 36 states to reduce Its acreage burned on protected land during 1948 under its average for 1944-48. Tills was revealed in a recent survey released by the American Forest Products Industries, a nonprofit organization supported by leading lumber, pulp and paper, and plywood industries in the UJ3. APprs aim Is to encourage the best protection, management and utilization of our forests. The survey, based on latest U.S. Forest Service figures for the Nation, Is an eight-page leaflet showing compadtive effectivenesses of forest protection in all timbered states. Commenting on the state's forest fire record APPI forester J. C. Mc- Clellan called for increased support for tlie Keep Arkansas Green program. •The Keep Green program, active now In 25 states, Is a national movement for popular education in forest fire prevention. Backed by our wood-using industries and the public and private agencies, It Is a potent movement to awaken public interest in protecting our forests. "By pointing out what woods fires mean in terms of ivnges, raiv material, profits, taxes alid recreational facilities, local Keep Green committees are putting an effective pocketbook punch into the forest fire prevention campaign." Mc- Clellati stated. Real progress-is being made In Industrial forestry, and a continued cooperation between Industry, the public and the woodland owners to keep down forest fires will assure our future timber supply, said McClellan. Mechanization Brings Fire Hazards For Farmers, Insurance Men Assert "Total losses" seldom result Iiom fires in cities these days, but are heating or sparks that might cause tiohal Board of Fire Underwriters points out in calling for improved rural fire protection and more fire prevention activities among farm famililes. The modern farm has most of the fire hazards found In a smalt factory, but usually takes fewer precautions In guarding against fire, .the Nation-' Board says. Also, once a fire starts en a farm', the chances of bringing it under control are fewer because of inadequate equipment, poor water supply, or lack of trained fire fighters within easy reach. Many rural areas now nave excellent fire protection>but protection 1 over wider areas Is needed to re- cUice the annual 4100,000.000 farm fire toss. I.Wilniiij; Rods Prevent Fires As tiie nation prepared to observe Fire Prevention Week October 8 to 15, the National Board stated that one-third of all farm fires could be prevented simply by the installation of lightning rods of the proper type on every farm building. The com- Dieted installation should bear the Underwriters' laboratories approval. Here are other farm fire-safety 1. Use care'In storing and handling gasoline. In refueling tractors. | avoid spilling gasolln* or allowing it to drop over a hot muffler or engine. 2. Use a safety can to store small quantifies of gasoline. Keep the main supply in an underground tank equipped with a standard pump. 3. Don't store or run tractors Into baj^barns. ' ''••'£• Inspect Electrical Equipment . • 4. Inspect • your Electrical equipment. New wlringKor- Installations of motors should be Inspected by a fire department office, or an "inspection authority. Check your fuse box to see that you have fuses of Live Toothpick In Africa, crocodiles have their teeth picked by a species of )-lover that enters the reptile's n.outh untamed. The birds also serve the reptile as lookouts against proaching danger. ap- Twcnty-eight pieces are used tn tlie game of dominoes. approved size. Keep electric cords and lamps out of reach of animals Install metal guards around light bulbs, especially in bams. 5. Inspect and clean your heating system at least once a year, including furnace. fH'cs, smoke-pipe and chimneys. 6. If you use an artificial drier to dry your com. be sure the drier 'is of « type inspected by Underwriters Laboratories. Inc. It should have automatic temperature controls arc] automatic dampers to prevent excessive hca! from being blown Into the crib or barn. T- All machinery used on farms should be wnfclied carefully while In operation to guard against over- tionnl Board of Fire Underwriter!, fire. 8. Check and refill fire extinguishers according to directions on the label. 9. Instruct all farm hands how to call nearest fire department. Pickard's Gro and Market 1044 Chickosawbo .SWIFT'S PREMIUM BRANDED BEEF We Specialize in Fancy Meats and Groceries We Deliver Phone 2043 Plenty of Parking Spate Law does not tamucl husband and wj/e to live together. BONDED RADIO REPAIR For the first time in lily- (lieville, we offer you UONDRD RADIO ItRI'AUt SEJIVICE. Every jot) bonded by an indemnity ••<>m- puny which stands behind our guarantees. WHY TAKE LESS THAN THE BEST? Piano Tuning AND REPAIR We use the famous-STKO- ROCONN in our Inning service. WHY TAKE LESS THAN THE REST? PIANOS NEW AND USED MUSTC INSTRUMENTS— SHEET MUSIC— RECORDS Everything in Music BROOKS MUSIC STORE 107 E. Main Tel. 811 OIL HEATER SPECIAL OFFER WAREHOUSE STOCK Prices Drastically Reduced MODEL R-40-2 THOMPSON FROM $34.50 to £ S (Save $11.00) FOR USE IN HOMES, STORES, FILLING STATIONS, CAFES, CAMPS, • Mail Orders Solicited • USE THIS COUPON MODEL R-tO-2 40,000 B. T. U. Heigh!, 36". base, M" Weight,' 36-Uis. Each packed hi carlon. , Oil Healers (o R»dlant S'I'RKKT . CITV (C. O. l>. or Check Kncloscrl) S S APPLIANCE CO. Phone 5-4461 400 CENTER Little Rock, Ark. FLANNEL PAJAMAS Price bloslad this week only! JANfOWZf D*, *oflly napped flannelelles Ihol iioy right size— ieep their comfortable fit. Worm, full Weight, rtuntfcorris new colorfosl pallerm. Cool or mldrfy jly| 0 . All sizes. Slock up-sove/ *t«<! Una 1% GOWNS... PAJAMAS..; YOUR CHOICE The perfect answer io wliat to wear on chilly Winler nights. Wide ossortmenl oi new- esl styles packec wilh sleeping comfort Gay prints or sofl pastels with novelty trims. Regular, extra sizes. See ihem lodoyl ^ in ~~« 2 2c 1.98 KNIT 3-PC: SLEEPERS...NOW Buy and save! Here's worm prelection from head Io !oe in toil kriit cotton. Extra pants (or quick chongei. Nursery paslels. I io 4. FLANNELETTE SLEEPERS Scif-Hclp Drop Stall One-piece llyle, jnug ond worm jioepers in sizes ^ Io B. Slurdy hoovy cottor, fionrialella In goy prints. Hugging rib-knit sVi cuffs. GIRLS' WARM PAJAMAS Cozy toltofi (lannetefre, M ofl lfi»rr favorilt rtyl« ond toff poilc. shades. Wormlh p!u, Bollery;:. »o well model Sizei horn 8 Io 14. BOYS' STRIPED PAJAMAS NoW, Colhf Slyh I ^g Fovoril. mir tfy» , , . ^o,^ com f or)a b| 6 Trotier wain has 2-buHon od'[u«lmenl, elastic imert. Assortorf stripes. Sizes from 10 to 16.

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