The Courier News from Blytheville, Arkansas on June 25, 1947 · Page 1
Get access to this page with a Free Trial

The Courier News from Blytheville, Arkansas · Page 1

Publication:
Location:
Blytheville, Arkansas
Issue Date:
Wednesday, June 25, 1947
Page:
Page 1
Start Free Trial
Cancel

BLYTHEVILLE COURIER NEWS ' TH* DOMINANT NEWSPAPER OF NORTHEABT ARKANSAS AND 8OUTHBA8T MISSOURI VOL. XLIV—NO. 71> BiytbevlUe Dally Newf Blythevilie Onirttr Blythevllle Herald' Valla? r>l,YTIlKVU,i,K, ARKANSAS, WKDNKSDAY, JUNIC 20. 1917 SINGLE COPIES FIVE CENTS Swollen Missouri Building Up To Greatest Crest of All Time; /Ngst Levees Expected to Crack The Missouri Ky United Press river was building up its greatest. Hood UN Seeks To Stop Greek Guerrillas Claim Neighboring Nations Of Fomenting Warfare L'nn-rspnndi.-n N. Y., Jim crest of all time tocln.v aiul engineers' warned thai only 0-1 of the 250 levees liclwcon Kulo, Neb., and St. J.CHI is remained intact to hold back the water. The levees had been .smashed by* three previous floods in as many ! weeks. Engineers frankly considered their task of holding the new flood back as hopeless. Predictions of new rain storms threatened more heartbreak and misery for the flood areas today. The Weather Bureau said tliiin- dcrshowers would burst over Missouri tonight and tomorrow, it also forecast scattered Ihundcrsho-.iers over Kansas for Ihc next three days. Engineers estimated that 242.01)") acres of so-called "protected" bottomlands had been flooded by previous dike lailures along the Missouri. Another 700.000 acres of unprotected laud were under water also. The record flood waters were roll- | ing down the tributaries of North Central Kansas to Jam into the already choked valley of the Mis- I sour!. Engineers watched closely, fearing that the crests of the tributaries would hit the Missouri at the same time llic "main stem" crest was passing their mouths. t \e crest was due lo pass Kansas on Thursday at a .stage of 28.5 feet. &pe water rose to' 10.4G feet at' St. Joseph, Mo., and lapped near the top of the Rosccriuis Airfield levee, which was holding despite engineers' predictions that the new crest would wash it out. Volunteers lost their 48-hour battle to save a levcc that stretched for llirce-ciunrtci's of a mile alon;; the east edge of Hamburg, fa. The levee cracked after the Nishnabot- ' na 'River hit loose dirt that harl been piled on tlic dike by heavy' machines. The DCS Moines River was expected to top its high 1944 crest as it surged toward DCS Moines. The Weather Bureau predicted .severe floods between Jefferson, la,, and DCS Moines and between Boone, la., and I>es Moines. Ttic river was exacted to hit a crest of 25 feet at Des Mcines tomorrow. That would be two feet above the 1944 stage- The watei Heady reached 2055 feet a> J S Still Against Crop Conditions Continue Good' An International T/If Oll9/I00f *°' e; Ro( ' ns He/p Ruhr Valley Rule Marshall Cites Need For Administration to Spur Coal Production T-~».."r*fyy-'-- j - t oyernment Refts Case in Contempt Trial WASHINGTON, June 2.".. (IjPl- The government rested today h the contempt of Congress trial o Communist leader Eugone Denni: after a House UnAmerican Acti vities Committee member tcsiiliin he did not appsar in response t 1 a subpena on Api'ij.B. Rep. Karl E. Jundt., S. D., r.ink ing majority member of the coi.i rnittee, snpporlcd the ch.irec tha Dennis wilfully refused to answe the - subpena. The committee vestigator Robert Stripling lest i-1 ficd EKrlicr he hud served tii'j' subpena during a stormy committee session on March 26. When he handed Dennis, secretary of the American Communist. Party, a subpena, Striplim; testified, tlie Communist, leader :n- anired, "What the • Hell is IJial?" '!rfte said that because Dennis stood with arms folded, he had to force the paper upon him. This version was disputed by Edwarri Ncllor, a reporter fo" the New York Sun. He said that Dennis rrjkbed out for the paper and then ^sscd it aside on a committee table. Two stage and screeiiainis and a well known newspaper columnist in the meantime, wcr; vei;')rl- crt standing by to testify in nn- olhcr trial for mass contempt <jf Congress involving 16 defendants. They were actors Frederic Mavch and Florence Eldridgc ami Col- umnist-commcnlator Dnv.v Peai- son. There was no indir.ruion when they would be called to tlu: stand. ISY itoisKirr United Press StaTf | LAKE SUCCESS. 125. (UI'l-The United Nation Balkans Investigating cwniiii^sion I today accused Yugoslavia, Albania anil Bulgaria of fomenting guerrilla fighting in Ciruc-co. 'I'hc commission advisi'd 111'.: UN ! Security Council to throw its lim- . itcd peace-enforcing machinery inlo aclion unless the Hire',' stopped these actions at oncj. i With Russia and Poland- dissenting on every point; the nine other countries on the. commission also urge; I 1. Formation of a semi-permanent UN border palr.il to keep watch on both sides of UH troubled frontier between (Jtet-ce and her three pro-Soviet neighbors. 2. A study aimed at voluntary exchange of minority groups ;,i llic Balkans, 3. Internationalization of all refugee camps harboring oilucrs who have fled one Balkan coim- I try lo another 4. New Ireutics between Grcoi o and tho three neighbors nloin; tho lines of tlic Grrco-miigiiiinn convention of 1031. The recommendations w ere handed lo the Security council over Russia's emphatic warning ' lat the majority were living Ic ampcr with Ihc sovereignly ol he four Balkan countries. All of the proposals conltl be. illed by a Soviet veto in the ;,c- urity council which will begin Icbate on them Friday. _ * The commission charged (he arec Soviet-orbit countries witli. * ic.rugees I fr3m GinceciV them and sending them -„._, t __ Greece lo right against :l*e BWreinmcul.. These conclusion.-, said Albania and Bulgaria were ;uilty 'to a lesser extent"' than Yugoslavia. The French protested tha-, tho commission had no right to decide who was responsibls. Russian delegates, uipporiwl by the Poles, said Greek accusations had been completely "unproved" and that the weeks-Ion;; UN investigation had shown that, l);c present Greek government hud pushed the entire Gn:ck nation "into a state or civil win'," .. lly K. II. SlIAOKKOUI) nittMl 1'rcss Staff <'uires|Hjnitent'' WASHINGTON, June 2:>. (UP)Secretary of> State George c. Marshall said today the United Stales still opposed to crciilion of a special international' "ntitliorlly" over Germany's indusli'hil Huhr to revive coal production. Marshall also told his weekly news conference that wh.il llu: Ruhr needed was orgnnl/allnn and ad- niiniKtration—and not dollnrs. Marshall snid his economic Undersecretary William L. Cl'iyUm hr.<l been discussing .various aspects ol rehabilitation of'lhe Ilnln- with John J. MeCloy. president .,f Hie Woi'lc Bank. But Marshall said emphatically Hint the most important things needed to revive Kuhr cr.xl production and ift'dtistry were uov dollars—the commodity in which Ux World Bank deals. Marshiill also: 1. Indicated that the $500,000. 000 Export-Import Bank loan earmarked for China will he allowed to expire next Monday without any action by th() United Slates. Thai indicated China will have to renegotiate a new loan. • 2. Made public the text .of a protest to Romania over "llie tlrasti,: deprivation of civil liburtios" lo which the Romanian people arc being subjected by or with the ar.senl of the Romanian govc'r.imejiL The note specifically cited 111.? "arbitrary arrest without warrant of charge" of hundreds of opposition party nnd non-parly persons mul (heir detention in prisons and concentration camps. imd;r "deplcrnbie : conditions." | 3. Announced a rccominrndatlGii j to Congress for passage at this ses-1 sion of a law allowing return ol Italian property in the U. S. to ils owners and transfer to Italy of mr- 01ns Liberty ships to : replace Huso seized by the U. 3. from Italy rtnr- l ing -the war and which were .subsequently lost. ; Marshall emphasized the great LlTTIjK ROCK, Ark., JUIln 25. (Ul 1 ) —Crop conditions luv favorable over Arkansas ;is a ix-su.t >f rains which furnisiied much icedcd soil moisture, the Arkcvn- Crop fU'porlim; Bt'rvlce said oday. Teimlniiling a dry porluil of i '2 o 'i weeks, the rains will greatly benefit growing crops ami jxis- .ures, but are unfavovf.!)!'. 1 (or uirvesting oats and ollm' small grain crops, 'l.'ie dry weiuher cansetl considerable damage . to early corn and truck cropi, hut considering Ihe stale as ii whole, was just what farmers needed to . enable them to chop 0111, Ihclr ' M11 ' |llv cotton and cultivate all row crops. The major portion of the corn. rvtiKu will be ijmilly benefited by the recent rains. HMHIC additional plunlliHls of late coin lo augment (ho feed supply am' ox- pcclrd now that soil moLilura has been rcplonlishcd. Mtxst early corn bus been laid ny; some is tasscling. 'i'he ciullook for (he stale's cot- Ion cmp is promising. Allhoiigli a little lule. the crop reporting .service wild Unit most cotton is reasonably clean and Ki'owln,[ last. Squares m- e present in many fields and blooms are helnij ie- |«>rlcd. Boll weevil arc nppriuiiix and imuclurlnK some of the sf|iiari>s. Some damnge from wt'b- worms has been rejwrtcd from a fi'w localities. liice continues to muki- gond pnwss. The lust of tho late crop has been seeded. SoylxMin.s, well cultivated aiul wry promising, will grow even more rapidly owing lo Improved of soil moisture. Hay pios- sviri'ls continue good. MUCH cnrlj h«y was saved dui'lns the recent dry |>erlods. Harvest of snmi: ^raln Is nlimi IJnlslicd In Central nud Soulh- oi'ii ccjuntlcs aiul well along li must othct 1 areas. Ilurvest of snap Ixnins, cui'um' bcrs nnd green wrap tomatoes I. in full swing in Southern conn lies, peaches continue lo .promliv H good crop of high quality [mil Jrush-Off Given New Tax Cut Bill Standardization Of Arms Asked Need for Hemispheric Military Support by U. S. Cited by General WASHINGTON. June 25. <UP>Gen. Dwight n. Kiscnhr.wci lo<lay called for U. S.-Canadian a Four Biyf hevitle Men To Sit in On Hearing On River-Rail Terminal Administration Steel Drops as 225,000 Miners Leave Pits GOP Threatens to Fire Slightly-Changed Act .Back at President Importance of the; Ruhr nml ils vast coal InincsA in" '.any economic program for Europe/' 1 -.." ';': t .,-•' PriceofCorn Will Make Pork Scarce/ Higher BY AI-FRED .LEECH (United I'rcss Staff Cnricsimnrlrril I-'our nlyllicvlllc men will Iravo tomorrow morning for We.sl Memphis where they will represent the Chamber of Commerce nl a hearing on the possibility of obtaining a river-rail terminal thern They arc n. Ci. West, collmi buyer; Hurry R. Harp, of tlic lily- thevillc Cotton Oil Co.; Sam n. Williams, president of llie First Nalional Bank; and Worth I). , , , , Holder, secretary of the Chamber standardization will) the warning I , J that, in another war llic first at- i tack probably would bo aimed at Hie Great Lakes and St. Lawrence River industrial areas. The Army Chief of Staff testified before the House .Foreign ' Affairs committee in support of'"a bill lu aiitluiri/.e President Truman's program for Inlcr-Ainerican military coopcratlori- Eisenho'wer said- the legislation is needed to achieve vital .military cooperation with Canada and the other American nations. Eisenhower-said no nation In the world could Jaud on the shores of South America In force with "our active opposit He sajrt he Anierlca -to hivy' future Elsenhower long list of goveinmcnt" ofucla 1 and Army and Nuvy officers scheduled lo testify on the measure:. Secretary of Stale George c. Marshall had appealed for early approval of the legislation. Eisenhower said that unless llic United States helps other American Commerce. Tills comni Slice will si I In on the liPiU'lnfl to find what, of fuel a term I mil there wouUl liuv<- In this Keclicm of the sl.ulc mid lo (iclcniiinc: whether Lhu Cliumljer of ^oinnuMTc here will .support plans for acquisition or live Ut- miiml. \ Vet Hospital In Capital Hits Snag Ik Authority To nnsfer Half of MacArthur Park Sit* CHICAGO, June 25. (UI'l-Thci"" 1 """ mi on the Chicaso fo ^ clE " sources. countries to develop their military .establishments, they will lurn -1 !o Little River Farmer Has First Cotton Bloom The first cotton "bloom" of the current growing season was reported yesterday by Sam Hick5. who farms land belonging to Hulett Morgan on LiU.le River. Mr. Hicks said he picked tile bloom from stand of M acres, on which the cotton plants arc about two feet high. Most of the plants have blooms, he said. The second bloom of the season was reported this morning by 'Mrs B. P. Ony of Half Moon. The bloom camn from cotton on the Gay plantation there. Nights Continue Cool The mercury fell to a low of G4 degrees here during last night, according to Robcrl B. Blaylock. official weather observer. Yesterday', high for Blytheville ^and vicinity was 83 degrees, IVfr. Blaylock said ARKANSAS — Partly cloudj with scattered thunderstorms it Northwest portion today, in North- cast portion tonight and in Ens portion Thursday. No imporlan temperature change. high price of era Gourd of trade may force hou;.«- wives J,n pay more than usur.l for :ork chops come next fail, the cx- icrls said today. Corn, the nation's basic crop, rose to an all-time high. S2.02 p;r m.-ihel on the board it Irade to- lay. • Housewives may frontier what his has to do with the price ;hey will pay for center ctils. Livestock producers, market analysts and grain traders explained it this way: .'-;;.' . Farmers who procltice 'bath corn and hogs will find it more profitable to sell their corn, instead of feeding it to hogs and then selling the hogs. market exports 'said the ratio is less favorable for raising iiogs than it has been for the last few years. As a result. • many farmers are marketing both their corn and hogs to take advantage of the high prices. Hogs have-.been arriving zt llie big midwcstcrii slocky.irds ii; heavy numbers, but the animals tlie.ii- sclvDS arc fighter bec.xusc they were marketed early—ihcy have not been fullyi faltencd. Normally, the movement of no^'3 lo market occurs in Oclobor and continues through January. Bui this year l.hey arc goin.; to market early, and livestock producers believe there, will not be the usun sharp increase in supply this fill. Secretary of Navy James Forro.s- .tal told Congress the Navy is ready to transfer surplus modern type vessels lo Latin American countries as soon as authorisation legislation is enacted. "It is the intention of the Navv Department," he said, "to substitute newer u. S. naval vessels for tlic obsolete types of our neighbors. Tills substitution is proposed on an approximately ctjual tonnage basis and -should result In no appreciable increase in the over-rill naval tonnage of any particular country." N. Y. Stocks Final stock -prices: A T and T Atncr Tobacco Anaconda Ccppcr . . Beth Steel Chrysler Coca Cola . Gen Electric Gen Motors Montgomery Ward . . N Y Central Int .Harvester . ... North Am Aviation Republic Steel . ... Radio ;.. Socony Vacuum . .. SUidebakcr Standard of « J . Texas Corp Pnckard '151 1-4 12 34 3-8 83 107 1-2 113 1-2 . 35 1-2 5H 58 14 87 17 324 i-; 8 1-8 . 16 . 18 5-1 . 15 1-: . 63 1-: . 5 1- UTTLE ROCK. Ark., June 25. (UP) — The location o[ ths posed $B,OOfl.OOO veterans administration hospital remained uncertain today, following a decision of the Little nock city council lo defer action on a sllc until Friday night. . Tlic council, meeting here last night, voted to meet again Friday as a committee of thn whole to onsldcr a recommendation made y a citizens medical center com- cc of the greater Little Rock Cham- >cr nf Commerce. Medical center committee rc- iommcndcd Immediate transfer of fl acres of Mac-Arthur Park In Llt- le Rock to the V-A Iml listed four :onriitions under which It wanted he transfer mndc. The committee suggested that the :lty be given title to the Porhcck property In Little Rock — the orl- nal proposed site of the V-A hospital; thai It be paid cash for the inference in value of the MacAr- .hur site and the Porbcck site; that the V-A be required to starl construction in 12 months and that the V-A be required to furnish a written guarantee that llic property will bo used for a hospilnl. Meanwhile Die question of whether oi- not the city has legal au- Ihority lo make the property transfer has entered the picture. lly 1,'nlU-i! WASHINGTON, June 25. (Ul') — A Republican llirrnl to fire Ils vi>- lorcl Income lux reduction bill light luick ut PriMililcnl Tnunan got a curt brush-nil from Ihu luliiiln- Istnillon today. y of the Trca.stii'y John W. .Snydor, Ihe administration's lop fiscal official, salil he was sllll a- KUlnsl cutting taxes at this time. He Uiltl a press confc'irnuc he wauls lo know tlii) fads "before we reduce taxes," Krp Harold Knulson, if, Minn, yesterday i ('Introduced llie vi-loe:! tax reduction bill . - wilh one change. It would inakn lax culs effective next .Inn. I, liiiiU-iul of July I. 1017. Oilier Congressional dcvclopnicnls: Labor — Iti'publlciin Conuresstr.i- il leaders rejected a proposal by Rep. Howard smith, [)., Va-. to extend Iho Bovi'r:iincul's plan;/ mini: tiul'/.uiT! authority In order !» prevent a coal strike. Smith's bi:i would permit government operation of tlic soft coal mines beyond Ihe present June 'M deadline. Housing — Sen. Unbelt A. Tuft, R., O.. said hi; hoped Congress vkould approve ".1111111: kind of a housing program" bffora IL adjourns nt'X'. month, lie is co-author of llin Tiilt- lillcndcr-Wugner long-ru lice luni.v In); bill. He ci'lllciml real entail! Interests for making a "wldc-ly-II- nunced" nltiick on tlu: bill. I'rtci'.s — Two Ueimimtllu house momlnM.s called for iiimuMllalc Con- gii'sslonul action to coniliat hli;li lirlces. Heps,- Helen C!alm«au Douglas. Calif., and John W. McCor- innck, Mass., .said In a joint slale- nent Hint "Iherc shou'.il be a bi- parllsun cflort lo meet this acute problem." They said "Ihc Uemo- crals are willing lo cotiperale." llrullh IIII] Crltk-lrt-il Health — Dr. Ernest I 1 , lions, chairman of (In: Phj'slclans forum, Inc., altacked the TnCt heiillh bill and endorsed ['resident 'I'liimuns National Hciilth insurance lu'ogrnm He testified before n Senate Ijib.ji and P.ubllc \Vclfaro' Siibcoinmlttcc. He salrt'-rilS'Ei'riirf) opposed the Tall bill because It.was based nil "the outmoded concept of medlciil care as n charily lo Hip needy." Rclugces — The I're.sliicut of '.he National tfcohomlc Council told Congressmen that this country shouldn't, allow European war re fugces lo ciller this country while It Is "so Involved in Ideological warfare." Mcrwin K. Hart said tlm refugees would be Imuiid In Include numei'ous and important carrier.! of ideological KcrhiH." 'Kconomtc r~ Chairman Paul O Hoffman of the Committee for Economic Development snld it Is possible for Ihc United Slates lo By J. ROBKKT BHtlBKRT United Prm Staff Corrtnpondtnt . ' IMTl'SHUHGH, June 25. (UP) — The nation's (iteol industry slanhed produclion totlny as tho result of pre- vncation protest strikes hy nearly 220,000 soft coal miners. U. 8. Steel announced It had Men forced to reduce Iron-making rjcratlons In Ihe PitUburgh- 'ouiiKstown district by 13 per cent nd esseincr stecl-miiklnit by 1J50J oils a 'day. • - Furlher culs In steel operations ™re cxjwclcd within 24 hours, u a result of the grim coal out:>ok, . . • The soft coal miners were *che- lulcd lo begin a 10-day vacation Labor Briefs DALLAS, TDK., Jnuc 25. (UP! -• First application of the Tnfl-llm'tlc.v Ijihor l,uw was recorded hero today wlu-u District JndifC W. L, Tliom-on Knintrd a tempornry Injunction rest ruining n DH||RS union Irom pUk- ctlni; the Hmithland 3loal Co. ATLANTA. Oa.. Juno 2C> fill') — The CtO Ortianiy.iiiK ComiMlMco will answer the recently -pn«30d Tuft- Ilartlcy lalxir law with ct'cn greater rllorls "lo orgimlze the iinoi ly.ed In the South." Olrcmr A. Dinner said here today. Van BIRMINGHAM, Ala., JlltlO M (UP)--The lii'Rit of Iho fiouth'ii Ktccl Indiislry lodny pliimiKl no production cuts "at Ihu-nioiuinii." becauro of th'c wlliluit strike by, Iho urra': yii.oot) soft coal minors, whl-ii .sli^rli ed dully coal output In Alabama b 1 at least Uri.OOO tons. Juno 25; (Ul'i- CIO United Htcclwm'K'jra PicsUlen I'hlllp Murray lnu> called Ihu iinion'i executive Ixmnl to nn cmci'jfctu.j meeting here next Wednesday, was learned loduy. Vandergrift, Nimit z Slated For Retirement WASHINGTON, June ?f> (UP) — •Secretary of the Nary jarnes Por- reslnl dlr,closc<l today that Adm. Chester W. Nliulli, Chief of Nnvnl OiwrKUirs; and O«n. A. A. Van- derRrlft. Marine Corps commnn- dn'iil,. probubly will retire late this bis weekend. But the number •Jumping the gun" swelled con- 1 .Inuou.'ily. nd the "protest" tea- .ure of tlic wildcat walks brought i.ROO anlhrucllc worker* out of the .ills'In the lower field of Pennsylvania._ ' . Hiii'h White,-United Mine Work- rs (ll.slrlct president in Illlriols, said no UMW-mnnned mines in .\iat area would work today. And ic said lie didn't expect tho miners to <i;o back (o work before tha vacation period starts. Won't Return Until July 7 CnmiillcatlnB Ihe outlook : was tha possibility .-.Hint the miners will not go biirK to work when the rest period ends July 7. becauss of the return of tho pil s from government operation lo privale owners. ; •In Illinois. 5.5CO members of.tliii Independent PrpKresslve Miners of America; who normally work during walkouts of the rival UMW. null work In protest against the new labor |nw. ' Tmluslrltil observers' estimates of coal s (U'l>:ies on hand .ranged from 20 lo 2K itays of normal consumption. Thcv volopd nla'rm, bccnuso Ilia minors siafl a 10-day vacation period Fi'iday. ' ' ; The 10-clnv rrst period, It' was fcircd, mlijlit bo prolonged. During the vacation the .mines will revert from government to "Private operation and UMWPresldcnt John I.. Lewis Rrid the coal op n r- atnrs have failed to reach « work- ycnr. mile Nlmlli-Vandcrgrlft {retirement, 1 ! have bncn rumorert. hut Forrestal's press conference stiiUpmcnt wns tlm first official IntiipiUlon that they would lult. This, coupled with Ocij. DwlRht D. Eisenhower's ftppronohinR rellrc- nient to become president of Columbia University, will rnci^n 6 virtually complete turn-over In thu Tho walkoiil.'i, whlPh begun lesr, HJ«H_aiv..hpuri »rter the. Seriate ^' Trtiman's veto of the labor falli, have'.ireichbd into 10 state.v- "••• ' ••' -;•" : ''•' ' With half the .nation's' 46n,OCO soft coal'.miners idle,'production nosedived. It was estimated th.it the normal dally outpXr£ of 2.000- OCO tons 1 ha-s been cutj^by 40 to 5t> por cent. , " , Coal Mines, Administrator 'N. H. nation's mlllUry hijfh command. Colllsson s nld it would be "futile" flcn. Carl A. Spaalt oliicf of tlic K> Invoke the TafUHartley law a- Army Air Forces, I. not expected lo, B Blllst llle , m '! lc , rs •««•"» P« ™ rc il rft " . nearness of their vacation period' 'Nln'ilU. 62. and Vandemrlft. W),l beginning Fi-lday. are not compelled to rctiro this wns rciwrted. Investigating Hie year because of ngc. Nlmlti. hero wildcat strikes to determine If in- of the Pacific war, said when he Junction proceedings against John " Lewis, President of the United were war- abolish poverty and double the rcnl | look over ns chief of n»val quern- k- I/swls, President of income of most of Ils citizens in ( lions In December, IMS, that he Mine Workers (AFW. 2fi years. This can be accomplished. ' would stay only two years. Vnndcr- r.mtcrt.) Krlfl's term expires Jan. 1. but It is not tmusiml for n top military ninn Ui b2 rcappoinlcri. Forre.st-il's statement suRRcsted, however that Vandergrift would not seek roapoplnl- incnl. he said, by "wise action" on the parL of both lal>or and management, Hoffman, who Is president of Stu- <lcbaknr Corp., said the chances lor lower prices will bo destroyed It tlic "tidal wave" of wage demands continues, lie told the Joint Congressional economic committee thnj | "restraint by all" Is necessary to I hold prices at Ihc proper levels. j Used Cars — Chairman Marrlne/ | HELENA, Ark.. June M. (UP) — S. Ecclcs of the Federal Itc-scrvu Plans were nenrinq completion herr: N. Y. Cotton NKW YORK, June X>. (UP) —Cot ton closed firm. open high low clo'.c March aim :io:n noia 3 May 20Ti JDdfl 2311 2i)8B July :icfi7 -iiiRS :icr.7 S Oct 3isr> 3210 :iiso ? Dec 3082 3101 3078 3101 Spots closed at 3761; down 10. Arkansas' Contest Plans Hear Completion I3oard said used car prices will sky- ockcl If consumer credit controls TIC ended. Seeking the Senate Banking Committee's approval of i one-year extension of credit curbs. K,ccles said premature removal "would only help lo hold prices high in the marketplace " He said wnrking men and women make up the chief market for used cars, and Ihcy need a "downward ndjusi • mcnt" of prices. Double Taxation — A Henale Expenditures subcommittee soon wli! begin a survey of financial relationships among federal, s'.atc and local governments lo find means of eliminating double nnd triple Inxa- illon. :oday for Ihe selection Thursday night of "Miss Arkansas" lo succeed Miss Becky McCall of Blylhe- vllle. The beauty pageant liradquar!.er.i last night announced the names of the seven Judges. They arc: Mr. nnd Mrs. Wayland Doles of Dallas, Tex . co-editors of "Scene" magazine; Miss Alice Hiun- cr and Mrs. Louise Pullen of Mississippi Slate College for Women at Columbus, Miss.; I/nils Mtinos, promotion manager for Pfllfcr's of Arkansas, Lllltc Rock; Malcolm Adams, city editor of thn Memphis Commcrcial-Apjical; and H. J. Isaacson, vice-president of Lowcns- tcln's In Memphis. Three* Alornv Fire Razes Ship Tied Up In Erie Basin • JERSEY CITY, N. .J., June 2"i. (UP> — Fire department official? said today that a thrae alarm' .Ire was sweeping the steamship Marine Filer tied up at the Erla Railroad's Pier 0, Erie, Basin. . •; I'hc fire 'department sold It had no rc|x>rl of explosions aboard ths vessel. New York Port Authority Pre Iwals rcsiH>nded to the alarm and the Const Guard firc-ngUting cutter Sn.uk was dispatched t'o the scene. . The Marine Flier,, of l the President Lines; was loaded with general cargo. The blaze was confined to No. 2 hold. The nrebont" Firefighter was dispatched from New York when available equipment had not brought thj blaze under control Immsd'.iteiy. Corn at $2.02 Sets All-Time Record As Rains And Floods Delay Planting, Ravage Thousands Of Farm Acres | Effect of floods and abnormal i spring rains that delayed plant' int In cornbelt stales will be i fell throunhout the world. Corn One of the first results of anticipated scarcity was to send price at July-delivery corn skyrocketing lo over $Z a basnet in the Chicago Board of Trade. It was highest price ever recorded In S9-year history of llie exchange. Highest previous futures price was &I.99'<1 is basic II. S. crop and its cost per bushel, lu July, in ill. Spot corn prices also soared, but fell »r!efU.»U.O!tf..nalional .litder, 1 -—- - 5 hori of the $3,*0 mark reached last September.' Planting: deadline was June 15, ! after which planting Is risky, i Many farmers plowed and , planted all night to make ur» : for lost time. Big risk now is . : t»rly fall frost,, On March 1, Dfpi. of Agriculture estimated «7,555,090 acres fn corn, with crop of over 31 billion bushels. By June I, ^Weather forced experts to rc- .iduce this 20 (o 25 per cent. Corn Is Important factor In livestock M4 production. National Livestock Frotoccn' A»- soclalion forecasts continued rise In prim of corn-fed meat. Price of r»mte and pa*t»r« cattle kccf will remain sUlic or drop. Pork also expected, due to delayed bam**. m*y tmStt wMUwr In America. Skary u earn prwhKtton may force ewtaltatat Of •*»- ( efnment »rWram for fetdinr «««*r «*»••*• Heavy «x»ort demawt was facUr I - prices to rttord level*.'

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 8,900+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free