The Courier News from Blytheville, Arkansas on April 22, 1950 · Page 8
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The Courier News from Blytheville, Arkansas · Page 8

Blytheville, Arkansas
Issue Date:
Saturday, April 22, 1950
Page 8
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BLYTHEVILLE (ARK.) COURIER NEWS SATURDAY, APRIL it, Good News in Business Brings Word of Caution By Sam Dan son . NEW YORK, April 21. (AP)—The business news Is good today — so good that those who preach caution »re likely to tind themselves Just talking to each other. But there are a number who wonder'. They see durable goods sales spurting, but apparently at the expense of, and In direct ratio to; declining soft goods sales. They jee prices rising again on eome consumer goods, like tires and T-T-X-* carpets, and maybe ready,to go up on others, like products made from metals, but they see no clear indication of any rise In individual In com 65 out of which to buy nil things. They see the chief booming markets— autos, electrical appliances, homes—being sustained in large part by easy credit, but leaving just 'that much les cash available In 'the future to buy the products of .other Industries. News Is Bright But today's news Ls mostly on the other side—the bright side. There's ."the uptrend in metals, usually considered an indicator. Steel Is being bought in the open market at premium prices above list quotations, because some classifications of steel are hard to get—even with the mills this weefc turning out the greatest tonnage In history. i Copper,. zinc, and even laggard lead, have bounded up this week, The buildin gand auto and electrical booms brought the stocks of cop- jier to B five-year low. The price •went up a cent a pound,'the first ' change since last fall. ^The "steel, dlccastlng nnd brass industries bought up so much zinc after the end of the coal strike, which had slowed them down, that zinc stocks dropped, and the price rose four times In a month. Orders continue to pour in at the higher price; : ' Lead MOTH Up Lead sems to have moved up gym pathetically a quarter of a cent a*pound. In spite of large Imports of cheaper foreign metal. Consumers may be building up inventories, Just hi case the copper and zinc hikes are the start of new inflation In the non-ferrous market generally. Steel scrap, another Indicator that the durable goods industries watch, took a $1 a tori jump at Pitsburgh "and Chicago. A month had made a similar advance. Demand from the steel furnaces, roaring at capacity, gave the scrap dealers their opportunity. The big TO RUN FOK SHERIFF—Osee Nurmally (above) of Blytheville today'announced that he will be a candidate for sheriff in tins summer's Democratic primaries. A former deputy sheriff In South Mississippi County, he has been residing in Blytheville since 1947. mills have bene buying scrap call- | tiously in spite of th.eir heavy back-! log of orders. The National Machine Tool Builders - Association reports that hew orders in March were the highest for any month since June, 1946. Both foreign and domestic orders Increased. • -American O y a n a m 1 d, which among things makes aureomycin, one of the booming anti-bio tic drugs, reports its sales so far thus year at $72 3[4 million, about $15 tnillion better than in the first quarter ot last year. • General Motors, which recently announced that last year's profits were the greatest for any corporation in history, will be reporting Its first quarter earnings soon. Observers 'believe the three-months pro[it will top any other quarter in the motor ginnt's history. Official Predicts Top • Aluminum Co. of America's president, Roy A. Hunt, predicts this year's sales an (learnings will top last year's, when net profits equal- led $4.45 a share. . Against this array, a few hardy souls still preach that what lies ahead (his year Is more likely to be deflation than inflation. One of their chief talking points is that, while come industries may be working at capacity, the nation's industrial NEW Box Opens Week Dajs 7:00 p.m. Malince Saturdays & Sundays Mai.-Sun. 1 p.m. Cont. Showing Manila, Ark. EDSON (Continued from Page 4) in the United States, for propaganda purposes, of course. When the U. S, State Department refused to grant the delegates visas to come to this country, the delegates chose the neutral Swedish capital for their sounding board. On the eve of this Stockholm conference. Secretary Acheson announced his seven-point peace'plan at San Francisco, His fourth point was to negotiate for realistic and effective atomic control, At the same time, from Moscow, Stalin, Mototov, Malenkov and Bcrla—the top heLrarchy of communism—were putting out statements, on Russia's desire for peace and desire to negotiate. Here was certainly an atmosphere which semed hopeful, on general principles. But it was dissipated immediately when the specific resolutions of the World Peace Congress were announced from Stockholm. "We demand the unconditional prohibition of the atomic weapon as an instrument of aggression and mass extermination of people, and the establishment of strict international control over the fulfill mcnt of this decision. "We will regard as a war criminal that government which first uses the atomic weapon against any country." Sounded Fine, Meant Little Tit is was the declaration of the 150 rubber-stamp delegates presided over by Frederic Joliot-Ctirie, French atomic scientist As propaganda, tt .sounded good. But us a working 1 document it was a mere restatement of what has been tlw issian position for the past four ars—abolish the bomb first, then ork out the controls. The American-British - Canadian ogram has, in oversimplification, en to establish the workable con- o!.s first, then abolish the bomb. Jam es R. Newrna n, who was unsel for the congressional com- ittce which 'drafted and put rough the U. S. atomic energy Soviet-China Reds Announce Trade Pact MOSCOW, April 25. (/?»)—Hussla and the Chinese People's rte- public (the Communist government) have entered Into a broad- scale trade arrangement. It was announced yesterday. The Soviet Union will exchange equipment for raw materials Irom China under terras of an accord signed Wednesday In Moscow. This is the first trade agreement to be announced between the two governments. The accord calls for: 1. A general trade agreement. 2. Agreement on mutual trade for 1950. 3. A protocol fixing the equipment and materials quotas which China will receive from 1950 to 1952 inclusive under terms of the 30- year treaty of friendship, alllincc and mutual assistance signed here with Mao Tze-lung Feb. 14. The announcement did not give details of the kind of equipment the Soviet Union would send to China, nor of what raw materials China would send the Soviet Union In return. It Is presumed in foreign circles among other things, machinery, that the Soviets will be sending, railway equipment, motors and hydraulic and electrical equipment. It is thought here that the Soviets also may be sending seeds, perhaps In large quantities, under the terms of a $300,000,000 credit granted in the Feb. 14 agreement. For the second year In Syracuse University'! wreatlen boxers ruled their respective ern tournaments. RITZ THEATRE Manila, Ark. Saturday "FENCE RIDERS" with Whip Wilson X Saturday Owl Show "IT AIN'T HAY" with Burt Abbott and Lou Costello British Helps Tribes Speed Up Economy KHARTOUM, the Sudan CAP}— The British-run Sudanese government is spending 12,300,000 to speed up the civilization of an Isolated and primitive African tribe: The Zandes, a simple people who Jive In the deep south of the Sudan in equatoria province—near the equator and the Belgian Congo. A government spokesman says that the scheme to make some 200.000 Zandes self sufficient "may provide the answer for the economic nnd social development of similarly placed tribes of the African continent." The scheme .itself, Is a simple one with the tribespeople growing crops for local processing. The Zandes are known to Europeans as the "potbellies." One of the chief elements of their simple diet Is ants. They eat ants in several ways and press them to obtain cooking oil. Ant hills in the Zandc country are recognized as private property. One Zande would no more tresspass on another's ant hill than he would his hut. Propaganda May Cost U.S. Millions WASHINGTON. April 22. (/Ill— The State Department may ask Congress soon for more minions to combat Communist propaganda abroad. President Trumnn has hignalcd the move wilh an announcement that he has directed Secretary Acheson to pliui "a strengthened and more effective national cllort to use the power o£ truth in working for peace." Officials already are at work on plans for a stiff increase in the outlay of some $30,000.000 for "Voice of America" broadcasts, .the exchange of students with foreign countries, and other such activities. On Capitol Hill. Senator Bridges (R-NH) said a stronger "Voice of America" program would have general appeal to Republicans. He sairt he would give it. strong support in the Sennte Appropriations Committee. Saturday "BAR 20 RIDES AGAiN" with Ho pa long Cassidy Also Shorlx Saturday Owl vShow "KID FROM CLEVELAND" wilh George limit and Lynn Barl Also Shorls Sunday & Monday "BRIMSTONE" with Rod Cameron and Adrian Booth High School Aids LINCOLN, 111.—-(S»>—Ltncoln high school students want a European youth to come here to study during the next school year. They decided Eo donate $1,000 to pay for board, room nnd books for the visiting pupil. The American Field Service organization will select the youngster and pay transportation costs. Nebraska Former Finds Coffee Aids Sick Calves ATKINSON. Neb.—(^—Brother farmer, can you spare a cup of coffee for n sick calf? Albert Lemincr found it to be literally IL lift; saver. During a recent cold snap Lemmer found two newborn calves almost dead of exposure. He brewed a pot of coffee and fed it to them in a pop bottle. Soon after the first calf got his coffee "It could stand up nnd bawl and I knew that It would make it,' Lemmer snW. Now the cattlcmai. brews a fresh JJOL. of coffee whenever he finds a newborn calf suffering from the effects.of the weather. ant us n whole Is not. Plant expansions, although slow- now, are still continuing. The itton can turn out more goods than could 18 months ago, but it ts dually turning out five per cent ss, and selling less. Exports nre lling nnd world markets for our urplu.i output shrinking. Any prjcc tflatlon could not long be sustained nthn fncc of this potential ability > produce goods — that's the way iclr argument runs. That's why they counsel husinessipn: enjoy whatever boon; that my be developing, but don't go verboard and abandon caution. law, Ls reviewing the four years of debate-over this difference of ap- pi each in R srie- 1 ; of four articles now running in New Republic. It Is a detailed study of inconclusive ness. Important as a condensation of the record, but It leaves an average reader who merely wants peace devoid of hope. It explains why, perhaps UN Secretary General Trygve Lie's proposal for B 20-year program of peace through a special meeting of the Security Count ii was no more than a one-day sensation. Much as it may be desired, it doesn't seem to have & chance. Fred Sanford, New York Yankee pitcher, was a deputy sheriff in Salt Luke County. Utah, after flip 1949 baseball .season and taught children to obey traffic laws. • —Courier News Photo + 1'KKSKN'T 'SERENADE' -The 45 senior members of tile Blytheville High School a cappella choir are shown here as they presented a "serenade" yesterday in frOnt of the school building. The first event of its kind to be presented In the school's history, the "serenade" Is expected to become an annual event for senior members of the choir. Mrs. J. Wilson Henry Cshown in front of the group) directs the choir. Eniwetok atoll, in the Pacific, encloses a lagoon six times the size of the District of Columbia. 50 Million Prepare for Daylight Time Sunday, Monday & Tuesday "SQUARE DANCE JUBILEE" with Don Barry and Mary Beth Hughec NEW YORK, April 22. (!fy— Some 50.000.000 Americans will turn their timepieces ahead one hour April 30, ushering in another season of Daylight Saving Time. But the advent of "fast time" will he ignored by some 60,000,000 other Americans, mostly in the rural regions of the South, Midwest and Far West. Clock-switching will be general In the heavily industrial areas of the East and in most of th: nation's large cities. Detroit, howeve,. will remain on Standard Time. Most of the nearby province of Ontario, with Ihe exception of the night club area across the International Bridge from Detroit, will observe Daylight Time. The night clubs will stay on Sandard to gain another hour of business under Canada's 2 a.m. curfew lav. t First proposed by Benjamin Franklin nearly a century and a half ago, "fast time" got its original tryout in the United Stales during the first World War. Some areas have used it ever since, but others have tried it and abandoned it. The mere suggestion that it be adopted in some towns and states has touched off bitter wrangles. Legislatures have even passed laws forbidding iLs use. Rural areas for the ' most part regard Daylight Time with scorn. Farmers, whose daily chores aren't loo closely hit«hc<I to the clock, say it causes confusion. The confusion, dairy farmers contend, is even passed on to their herds. Cows, it seems, give less milk when their miiking schedules are changed. Big city workers as a rule like Daylight Time for it gives them an additional hour of sunlight after a day at 'the office or plant. In Nevada, gamblers vainly opposed its adoption on the ground ttiat citizens would spend extra hours outdoors ahen they could be starting on the night life rounds. Some confusion seems almost certain to arise out of railroad schedules. Most roads will cling to stand rd time but others will operate on he new time. At Grand Central Terminal and 'ennsylvania here, all the clocks .'HI get an extra red hand, show- ng Daylight Time for passengers ^•ho ride trains operating on the ast-time schedule. Radio networks will use the same ystcm adopted last year, switching heir major shows in the east to aylight time. Network stations in he South and West will be per- niited to rebroadcast them an hour ater if they wish, so that listeners n . e areas can hear them at he usual time. Daylight time goes out of opera- ion Sept. 30. SHOW STARTS 7:38 r.M. Saturday 'FALSE PARADISE" William Bojd as "HopaloliB Cassidy" Saturday Mklnile Show Starts 10:45 p.m. "HOLD THAT BABY" wilh Leo Gorcey and the Bowery Boys Sunday & Monday "THE THREE MUSKETEERS" (IN 1 TECHNICOLOR) with I.ana Turner, Gene Kelly, .lune Allison BLYTHEVILLEX ONLY ALL WHITE THEATPE Today Only • 2 Hits. Dead End Kids in "Hit the Koad — ALSO — Allen Lane In "Homesteaders nf Paradise Valley" Serial Cartoon Owl Show 11:15 : 'King of the Gamblers with Wally Vcrnon Sun.-Mon. • 2 Hi K Hits PofameuH pteienlt ALAH DONNA LADD-REED Also Comedy Co-Hit Kill Brolhtrn Andrews Slslcra In "Argentine Nights" New* Cartoon "iMovics Are Better Than Kvcr" I" hone Today Only SOUTfr 2 Big Hits John Wayne Clauilcllc Collicrl , in "Without Reservations" Kohcrt Mitclium Barbara Hale in "West of The Pecos" Sun.-Mon. • Year's Top Baseball Hit BABE RUTH BILL DiCKEY BOB MEUSEL BILL STERN A L S O Tex Williams in "Western Whoopee" "The Mad Hatter" (Color Cartoon) THEATRE OSCEOLA YOUR FRIENDLY THEATRE Sunday & Monday Th« rock 'em, sock'em story of ~l Tm l<» AHMUt >U ruiiiri VT iin,M'sr/mi. I.K . IKttil I Ml Kit . Sam Hn H C*">»| M F. L. WICKER MACHINE SHOP 215 North 2nd — Just Call 2192 LAWNMOWERS BLACKSMITH1NG Power and hand mowers sharpened and repaired... picked up and delivered. WELDING Plow points receive prompt" and expert sharpening. Acetylene and electric. . .in the shop or on the job. Satisfaction guaranteed. MACHINE WORK We have the experienced . men and the equipment to do your job right. SKYLINE DRIVE IN Blytheville Highway 61 North Today" Only WHITE CROOKS PLUNDER INDIAN LAND... Sunday and Monday ' Svng and Hayed by ••'? MY ROGERS ...i DENNIS DAY I THE ANDREWS SISTERS "JOHNNY APPUSEED" , FRANCES LANSFOM FREDDY MART* ETHEL SMITH , : ' BUDDY CLARK FREDWARHM ardahtni of NEW V SONS » m nOMEERS <m LUANA PATTW WMYWBSCOU

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