The Courier News from Blytheville, Arkansas on November 8, 1949 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Tuesday, November 8, 1949
Page 1
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BLYTHEVILLE COURIER NEWS VOL. XLV—NO. 195 Blythevllle Dally Newj BlyUievllle Courier Blythevllle Herald Mississippi valley Leader THE DOMINANT NEWSPAPER .OF MORIHZAST ARKANSAS AMD SOUraiAST 15,524,000 Bales Is Latest Estimate Of '49 Cotton Crop WASHINGTON, Nov. 8. (AP)—The Agriculture Department, in its semi-final report of the year, today estimated the cotton crop at 15,524,000 bales of 500 pounds jposs weight. * Tliis is 18,000 bales more than the 15,446,000 forecast a riionlh ago. 1C compares with 14,868,000 last year and a ten-year (1937-41) average of 11,306.000, The Indicated crop Is considerably larger than expected market 'demands. This situation has led llic department to propose rigid marketing quotas on the 1950 ] crop designed to limit production to about 12,000,000 bales. The quota proposal will be submitted to growers at a referendum to be held Dec. 15. ft must be approved by at least two-thirds of the growers voting before it can be put Into effect. r ihe yield of cotton to the acre was estimated to average 287.61 pounds, compared witii 313.1 last year and 254 for the ten years average. Production of American-Egyptian cotton was estimated at 4,900 bales compared with 3,GOO last year and the ten-year average of 29,500. In an accompanying report, the Census Bureau said 9,543,686 bales of this year's crop had been ginned prior to Nov. 1. This number compared with 10,436,740 ginned to the same date hist year. The indicated yield per acre and production, respectively, by cotton producing states included: Missouri 430 pounds per acre and production 480,000 bales; Arkansas 328 and 1.630,000; Louisiana 289 and ^?5.000; Oklahoma 224 and 540,000; Wtxas 2G1 and 5,600.000. "' Ginnings of bales by states to Nov. 1 this year and last respectively, Included: ' Arkansas 1.000.C07 and 1,315.930; Louisiana 494,629 and C62.275; Missouri 254,568 and'321,812; Oklahoma 235,018 and 246,110; Texas 3,204,048 and 2,382,810. BLYTHEVILLE, ARKANSAS. TUESDAY. NOVEMBER 8, 1949 TWELVE PAGES New York Race For Senate Seat Tests ' Fair Deal' Dulles-Lehman Battle Is Seen as Preview Of 1950 Campaign President Truman's "Pair Deal" program came In for a major public test today a t the hands of an estimated 5,500,000 New Yorkers voting on the election of a United Slates Senator. The bitter contest between Senator John Poster Dulles, Republican, and former nemorcatlc Governor Herbert H. Lehman fnr overshadowed a number of other contests and Issues in scattered (ions across the nation. :Iec- Arkansas' Crop Estimate Below .October Figure *" ' f K y LITTLE ROCK. %ov, 8 \ifffr Rep) rtment of Agriculture eatim lie of a 1 630 000 Arl ansas 1949 cotton crop todaj is 40 Dflo b-xles under the estimate of a" month ago'. Mile* MoPcck crop' statistician said here today the estimate Is well abo\e tne ten jear average of 1,329.000 Holes for the state. The department's estimate of :a yield of 328 .pounds', ah acre, however, is eight pounds under the last previous figure. McPeek said the present condition is due to a larger acreage and the shift of cotton planting from Ahe hill sections to alluvial areas. ^.Ve now have 80 to 85 per cent of our cotton crop on alluvial land, where it was only so per cent 20 years ago." He also reported this year's crop "very good" in the northeast section of Clay, Greene, Craighead and Mississippi Counties. "It runs on down .to Chfcot where the crop condition is very poor." Boll weevils and wet weathei were -blamed by McPeek for crop conditions In the southern area. "Another, factor in the picture Is the. Weather Bureau report that we had line inches of rain in Oct- Octobcr since He said the slate's cotton acreage ober, 1919, the wettest he added. is nine per cent above planting. the 1948 The crop report also shows gin- nings of 1,000.607 bales of cotton in Arkansas this year <is compared gjth 1.315.930 ginned to Nov. 1 last Judge Refuses Limit On Liberties of 11 Convicted Communists NEW YORK, Nov. 8— (/n— Five of the 11 top Communists convicted or conspiracy are free today to resume all their old' activities—but at the risk of a new trial. In granting the five unrestricted liberty to visit their homes outside Manhattan, Federal Judge William Bondy refused yesterday the government's demand to limit the Communists' activities. He said the government can prosecute them again If it feels they have violalcd the law while on bail. Weather Arkansas forecast: Fair this after- j|eon, tonight and Wednesday. A Wile warmer this afternoon. Missouri forecast: Fair, warmer extreme south tonight. Wednesday fair east and south, Increasing cloudiness northwest. Continued mild. Low tonight, 40-45 extreme southeast. High Wednesday, 70-75. Minimum this morning—37. Maximum yesterday—72. Sunset today—5:01. Sunrise tomorrow—6:28. Precipitation 24 hours to 7 a.m. today—none. Total since Jan, 1—49.92. Mean temperature (midway between high and low)—54 5. Normal mean for Nov.—508. i ' i This Date I*si y c »t Minimum this morning—33. Maximum yesterday—65. WINS 4-H HONOR — Shirley Heard, 15, 4_ H c ] ub menlber of Kej . ser in South Mississippi County was elected state 4-H Club song leader at the 4-H Congress held In Little Rock last week, it was disclosed today by Miss Helen Wells, Home demonstration agent for the south half of the county. Shirley has been a 4-H member since she was 10, and has £een song leader for the Keiser club for two years, and county song leader' for one year. She won the sweepstakes award i n the Lounty dress' revue and first place In the party dress division In stale competition. She also Is the girl champion in South Mississippi County for 1949. Chest Fund Total Grows To $22,052 The Blytheville Cpmmunity Chest today;passed the $22,000 mark, with /hp t"fpj! at noon^idav *h<wmg to- S>J, contribut ons o) $22 052 60 The campaign to re-ich $28650 is 'cheauled to close tills week but the clo-ing date will not be set until the Bljthevilie Community Chest Board meets' : iit 10 a.m. tomorrow. Included in the contributions re- ceiied todaj were nianj employee l-sts and some contributions tint had been pledged tturmg the g<.n- <-ral solicitation phase of the cam palgn. A $55 contribution was received from the Carpenters Union, Local 384, which was the proceeds from a dance given recently at the American Legion Hut to raise funds for the Red Feather drive. Six From Blytheville To Attend Conference Of Girl Scout Leaders Six Blytheville Girl Scout leaders will attend a Girl Scout Distict council at the First Methodist Church in jonesboro tomorrow. Attending the meeting from Blytheville will be Mrs. Glenn Ladd, Mrs. W. R. Campbell, Mrs. J. P. Garrott, Mrs. Fred Steadman, Mrs. Leonard Johnson asd Mrs. Coady Eaton. The purpose of the meeting is to exchange views and ideas for the Girl Scout program of the district for the coming year. Democrats' Ad Pleases Republican Candidate ITHACA, N.Y., Nov. 8. (AP) When the Democrats published ar. electfon advertisement, they had no intention of pleasing Republican Mayor Bert Baker, who is seeking reelection. But Baker was so tickled he sent the Democrats $25. The newspaper ad was headed "Baker's Record as Mayor." The space beneath was blank. "It was such a nice advertisement for me, stressing my clean and spot- les record," Baker explained last night. The two men, both prominent public figures, campaigned hard to fill out. the unexpired term of former Senator Robert P. Wagner (D-NY), a "New Deal" stalwart who resigned because of ill health last July. Gov. Thomas E. Dewey appointed Dulles to serve until the election. Wagner's term expire 1 n has hammed away hotly Truman's domestic policies January, 1951. Ordinarily a race for such a short term would excite little public Interest. But the stature of the two candidates plus their clear-cut definition of issues has projected the scrap Into a preview of the 1950 campaign, In which the control of congress will be at stake. There also will be inevitable comparisions with 1948. when Republican Dewey carried New York in his losing presidential campaign against Mr. Truman. Slumps for 'Fair Deal' Lehman, 71, embraced the "Fair Deal" for his campaign and stumped vigorously for Mr. Truman's program. Dulles, 10 years Lehman's junior, al Mr. - ,-- — ics as (A) threatening individual liberties and (B)' leading to the development of an all-powerful central ment. His strength is principally upstate, whereas Lehman's stronghold is New York city. Both men say they will win. Observers predicted that 5,500,000 of the 6,300.000 eligibel vote'rs'would go to the polls. i . In the election for mayor > In New York City. William O'Dwyer, the Democratic incumbent, had the backing of. President Truman. O'Dwyer predicted victory but so did his two major opponents, Newbold Morris, the Rcuublican-libcral-/u- sion candidate, and Rep. vito Marcantonio, American Labor party. New Jersey, another state tliat went Republican in 1348. was the arena for a statewide battle pre- dcited in advance to be close. The fight between Republican Governor Alfred E. Driscoll and Democratic State Senator Elmer H Wenc, for a four year term as the state's chief executive. • SINGLE COPIES FIVE CENTS Farrii Bureau Members To Act on Resolutions Ten resolutions, shaping the policy of the Mississippi County Farm-Bureau's 1950 program, voicing opposition to the Bi-annan Plan and the present cottonseed support program, calling for extensive research, fertilizer tests, and nn improved standard of living for farm laborers, will be put before the Farm Bureau at its annual meeting at the Jaycce clubhouse tomorrow night. ; The resolutions, proposed by a member committee headed by H. C. Knappenberger, vice - president of the county Farm Bureau, were announced today, along with an invitation to all farmers and business People, directly Interested In the farm program or wishing to know more of farm bureau activities, to attend the meeting tomorrow night. The committee will recommend that tile cotton classing office at Blytheville he made permanent, and in a resolution stated that the Smith-Doxey classing of cotton lias improved the accuracy of classing and the speed of getting class cards to the farmer, and that every effort should be made at the Arkansas Farm Bureau meeting later this month to have the new Blytheville unit be established as a permanent office. • , The cottonseed supports In Home Decoration Contest Planned Garden Club Group Sponsors Event for Christmas Holidays Representatives -of the Garden Club Division of the Woman's Club today gave the go ahead signal for plans for a Home Decoration Contest at Christmas, to be conducted in conjunction: with the Merchants' Division of the Chamber of Corn- govern- I merce, which is working out plans State Presents Witnesses in Burglary Case State testimony was being presented today in circuit Court here in the retrial of two Negroes on charges of burglary and grand larceny involving thefts rrem the Moore Brothers Store on West Highway 18 more than a year ago. Sheriff William Bsrryman was one or the state witnesses heard this morning. He told of having arrested the two suspects, John Henry Barnes of Brooklyn, New York, and rjrlsas J. c. York of Chicago, in Hayti, M O ., on November 18, 1948, two weeks following the burglary here. The Negroes were convicted in their first trial but on appeal to the Arkansas Supreme Court by their attorneys, Oscar Fendler and Claude F. Cooper, won a reversal pi the case. They had been sentenced to serve five years each. The case is being heard > before Judge Zal B. Harrison The jury was selected yesterday, prosecuting Attorney Partlow. and his assistant, A. S. Harrison, are representing the state in the trial. prison terms of Soybeans Nov Dec Men ' May Open High Low .. 220!i 223 '.', 220 .. 2221S 225 222',; 2'23-T, 226-11 223 Close 222->l 224 '.i 226!4 22214 226 222'.i 22514 for down-town decoration, possibly Christmas music- and a parade. The Garden Club group announced the plans today after a meeting with Worth D. Holder, secretary- inanager of the Chamber of Commerce, at the home of Mrs. Jim Crafton, 902 Hearn Street, last night. Mrs. Crafton, chairman 'of -the Garden Club'"••division',: appointee Mrs. J. C.;Drokc as chSlrni*fn.;bf the project,''and Mrs. J. LANabers Mrs. W P. Pryor and Mrs. J. V Dates a'-e to serve on the project committee with her. Three rules will govern the Contest, and a one dollar entry fee has been ser/. Judging will cover: (1) the Christmas theme carried out; (2) the general appearance from street; (3) originality. Mrs. Crafton said that the $1 entry fee could be mailed to W. S. Johnston, 1015 West Main, together with the name and address of the entrant, anytime before December 9. The December 9 deadline is the same as the merchant's have set up for the down-town area decoration, and the proposed date for the Christmas parade. A panel of secret judges will select a first, second, and third place- winner. Cash awards are to be made. Mrs. Crafton said tho project, sponsored by the newly-organized arden Club Division of the Woman's Club, was to be an annual project of the group, in an effort to stimulate Interest In beautifying Blytheville at Christmastime. force now, wire said to be Impractical, and the committee advised (hat they be abandoned In favor of a workable program to be established /or the 1950 crop before the seeds are out of the producers', hands. In connection with soybean supports the recommendations seek the early announcement, of price supports for 1950 crops, and the support at 90 per cent of parity. The'committee recommended that :he Farm Bureau continue Its protest against the granting of a franchise for hauling farm labor from Memphis within a radius of 150 miles ,and in this connection It was advised that the Farm Bureau employ an attorney to contest the franchise, in cooperation with the Arkansas Farm Bureau and the Crlttenden County Farm Bureau. The farm labor program, provided through tiie resolutions .would pro,vide for the continued recruitment of labor from Memphis, hill sections and Texas,- and the negotiation of contracts with the Mexican government for recruiting of Mexican Nationals. As Inducement to obtain neci 1 ;- iaiy farm labor the Farm Bureau would, the resolutions state, continue its pressure for better- secondary roads A^d increased rural electrification so tiuit rural living standards can be better. Additional telephone service also is to be sought. The resolutions committeemen have proposed that extensive research programs for the control of verticlilium will be pushed with the State Experiment Stations in this section taking the lead in the project. It was also recommended that the University of Arkansas ; Experiment Station be asked to set See RESOLUTIONS on Page 12 Damaged Frisco Track Repaired After Derailment Trains were moving again today between Ulytheville and Haytl, Mo., on the Frisco's Valley Division after approximately 300 yards of track had been rebuilt following yesterday's wreck in which 24 freight cars were derailed near Stecle, Mo. Frisco officials here said thai the lorthbound passenger train opcrat- ng between Memphis and St. Louis went through shortly after midnight and that other trains were moving on schedule this morning. , ' A broken rail Is believed to have caused yesterday's accident but railroad officials had not announced the results of their investigation. No one was injured. Several of the cars suff.-red further damage when fire broke out In the wreckage. U.S. Envoy Released From Czech Prison LONDON. N O v. 8—M 1 )—SamiKl Mcryn of the United States Embassy, accused of spying in Prague, has been freed from prison and ordered out of the country, the official Czechoslovak news • agency reported tonight. Meryn was arrested Oct. 21 by Czech security police. The Czech news agency Ceteka, in a broadcast from Prague, said Meryn had asked the president of the republic "to be released from prison by way of pardon." New York Cotton Open High Low 1:30 Dec 3003 Mar 3000 May 2990 July 2S54 Oct. 30C6 2996 3002 2992 2993 2985 2958 2948 3033 2999 2989 2955 2806 2808 2T97 Z805 $300 Million Holiday Toy Sales Seen By Sam Dawson NEW YORK, Nov. 8. (AP)—Santa Glaus is set to put a $300 million bite on Dad for toys this Christmas. There are a record number of children to unwrap the presents, ana a record number of fathers to buy the toys and help wear them oul.' The shops will offer more lower- priced toys, but plenty of luxury priced ones, too. American toy manufacturers think they'll top year's unit sales volume, but that slightly lowered prices may keep the dollar sales volume down to last year's $300 million. Santa Glaus may be penalized a few yards in communities where incomes have been hit by strikes or lay-offs. But for the country as a whole, tlwre should be as many, or more, fond parents, Precipitation Jan. i to this dale | uncles and aunts, trying oul the on store counters, and buying. They'll have a wide choice. Almost every problem currently agitating parents Is echoed in the designs for new playthings. For Instance, department store toy counters now set up for the sales rush, are show- Ing more-toys presumably powered by atomic energy'aiid Jet propulsion. Or, if father has been worried about the housing situation, maybe he'll buy one of the new prefabricated toy houses. If he's all steamed up about the tug-of-war between coal and oil. with Its overtones of strikes and Prices, and the labor disputes Involved In changing over from steam locomotives to dlesels— perhaps he'll be interested to note that electric train sets show more dfasel-type locomotives this year than steam. And among the new games te one persons no longer consider this search funny, but the game Is said to be absorbing, and serves to let the youngster see what he's In for. The farm influence, now that crop surpluses and food prices are ao to the fore In even a toymaker's mind, Is strong in the electric train department. For instance, you can buy your future 4-H Club member a cattle car with ramps that toy cattle will walk up and down. The magnet is plentiful, too. There's a magnetic (arm, with little Pigs led unerringly to the source of their dinner by magnets, cows thut are mnkecl magnetically, and a rabbit with a magnetic nose to which a carrot clings. The trend to lower priced toys shows up In the Christmas catalogs of mall order houses. Both Sears Ousted Union Faces Loss\6t Membership PITTSBURGH, Nov. 8. (/H)—The United Electrical Workers, expelled from the CIO only last week for its leftwing policies, was threatened today with the immediate loss of more tiian 107,000 members. Most of these, a survey showed, Intend to string along with ,the rightwlng CIO. At the same time, the CIO announced that the new' union of electrical workers — organized to supplant the UEW—had won its first employer recognition in a contract signed with two firms employing 1,075 workers at Yonkers, N.Y. The survey covered scores of locals in 13 states—California, Illln- ols, Indiana, Iowa, Massachusetts, Minesota, Missouri, New Jersey, New York, Ohio, Pennsylvania and West Virginia. i It showed that 107,'!82 UE members have voted to secede from the parent union or have otherwise Indicated strongly they Intend to do so In the less than a week s.incc -he UE was expelled by the national CIO for left wlnglsm. Most ol those who have voted for secession have also announced their Intention of going Into the CIO. A few have made no statement of their Intent. One small local lolned the ClO-Unlted Auto Workers. A tolal of 06,608 UE members in other locals have voted to stick by the parent organization or have announced that Is their intention. Republic Steel and CIO Sign Agreement on Pensions and Insurance for 45,000 Men Bell Planning Big Arkansas Outlay Phone Company Cites Proposed Spending'of $5,393,000 in 1950 LITTLE ROCK, Ark., Nov. 8—(/I 1 ) —Southwestern Bell Telephone Company estimated today U would spend $5,393,000 for construction and new equipment In Arkansas next year. The similar total for this year will be about $8.234,000, and last year's total Was $11,005,000, the company said. , ' The statements were made by W. II. Woods, St. Louis, an outside plant engineer for the company during the second day'of the Arkansas Public Service Commission's . hearing on the company's application for a $2,400,000 annual rate' increase. » -'•'•', ; • Dodds said - that' major expenditures In 1950'would Include »110000 for a dial building In Hope. The building will not\be. completed until 1951, he said. .'' An estimated $102,000 -will be spent for cable relief and extension of facilities in Hot Springs and Lake Hamilton. Extension Of cable facilities and other Improvements will account for nn anticipated $415,000 expenditure in Little Rock, he testified. Other proposed 1950 Improvements and estimate costs include: Blythevllle, two loll positions and additional cable facilities, $41,000; El Dorado, extension of rural facilities, $68,000; Fort Smith and Barling, ^ general Improvements $35,000; Helena and West Helena, additional cable facilities for now sub-division, $17,000; Magnolia, one toll position, $8,000; Malvern, extension of rural facilities and additional cable facilities $83,000; Paragoulcl, extension of rural facilities, $45,000; Pine Bluff, power plant for terminal, $17,000. Dodds said that net Improvements and additions to the companies facilities In Arkansas between December 31. 1845, and July 31. 1049, totaled $24,242,023, a 105 per cent Increase. •'zyf^H ,f*rv *'-*vj *-«v?^'*rT*^"£~^ "' .'-.i^L 1 . : ^*%i 1-ONTIAC MANAGER — M. W. Spencer Iras been named manager of Noble Gill Pontiac, Inc., which formerly was Smith Pontiac Company. Mr. Spencer Is a native ol Batcs- villc, Miss., and attended schools in Memphis and Covington, Tcnn. Jones-Laughlin Also Approves SettlementPlan PITTSBURGH, Nov. 8. — (AP)— Republic Steel Corporation and the CIO United Steelworkers today signed a pension and insurance agreement, which ended a 39-day old strike of 45,000 union em- ployes against the nation's third largest steel producer. The agreement leaves only tho Industry's giant, U. S. Steel Corporation, strikebound among the big four steelmakers. Government mediators took It as tho sign of a swelling tide that could wash out labor troubles in both steel and cool. The" Republic agreement provides: Insurance—Republic's present contributory Insurance plan is continued • but with increased benefits. Em- ployes will continue to pay three and one half cents per hour and the company will pay two and one half cents per hour. Pension—The plan is a exact replica of the Bethlehem agreement. Employes reaching the age of 65 He came here from West Memphis, who have. 25 years service Ark., where he was sales manager for Chalmers Motor Compnny. He formerly was associated with Fisher Aircraft Division of North American Aviation Company. N. O. Cotton Cromme/m Gets Only Reprimand for Touching Off Policy Investigation WASHINGTON, Nov. &-•«*/-;Capt. John G. Crommelin, whose release of confidential Navy correspondence touched off the Congressional Investigation of military policy, got off today with only a sharp reprima to active duty. oday nd. He was restored North Missco Directors For Levee Board fleeted Z M. Regenold of Armorcl and John Bearden of LeachvIHe were elected yesterday by property owners in the St. I-Vancis Levee District to serve from North Mississippi County on the levee board. Polling places were established In the City Hall here and in I^achville for the election. Both candidates were without opposition in their respective areas. Sixteen votes were polled here for Mr. Regenold. and seven in Leachville for Mr. Bearden. City Firemen Respond To Two Mid-day Alarms Spilled oil at the Armour and Company warehoase on East Highway 18 was the cause of a (ire alarm at ll:3o this morning. The oil became Ignited resulting In minor damage to the warehouse. At 12:30 p.m. (Iremen answered i an alarm to a gra&s fire at 1010 ' HMra Street. Dec Mar. May . July Oct Open High Low 1:30 2995 2999 2991 2995 2S96 2098 2980 2985 . 2986 2939 2980 2985 2947 2199 2950 2940 2947 2801 2788 2798 U.S. Official Plans Visit To Red China By The Associated Press One of the U.S. Slate Department's top trouble shooters expects to visit Communist China soon and report on the shape of things to come In the Far Eastran' informed source said today. -.'..•: ; Prof. Plillip C. Jessup.'who'helpeii engineer the lifting of the Berlin blockade, Is reported assigned by Secretary of State Acheson to make an on-the-spot survey of changed conditions ,in the orient brought about by the emergence of Red China. The Columbia professor ami U.S. delegate to the united -Nations probably will visit the Philippines, Indonesia, Communist China and Chunking, provisional capital of Nationalist China. A new American policy In the Pacific Is expected to be charted from Jessup's fact-finding trip. The source said Jcssup would leave Immediately after conferring with State Department officials In Washington next week. Marshall Plan Money Released to Indonesia WASHINGTON. NOV. 8-(/l'>— Marshall plan aid started flowing again today to the Netherlands East Indies after an eleven-month halt. The Economic Cooperation Administration said about S40.000.000 Is earmarked for assistance to the Dutch Far Eastern territory, which Is scheduled to become an Independent nation next year. Resumption of American aid to Indonesia represents an official united Slates recognition thnt the long and bloody warfare between the Dutch and native Indonesians has ended. — will receive a minimum pension of $100 a month Including Social Security. Employes C5 years old with 15 to 25 years service will receive proportionate pensions. ' -. Tho agreement was signed by CIO and Steelworkers President Philip Murray and by E. J. MaGec, acting director or Republic Industrial Relations. ' No. 1 Producer Signs Agreement was reached In one hour and 15-m!nutc session In Murray's office. ..-.:•• Earlier toilay, the union signed an agreement with the nation's No. 4 producer, Jones . and Laughlln Steel corporation. That settlement, too, was In lino with the Bethlehem steel pact. It ended the strike'.'-of 25.000 workers. Vice3 Firesident Thomas F Patton of Rcpublid-who Is also the (urn's ; general;, counsel said the Republic J agreement is effective at 3 pin 4 E.S.T. ' i x He said "Operations will be resumed as quickly as possible.' Republic Steel said In n statement: "It Is- expected .that Republic's plants will be reopened on Tuesday but full production will. be delayed until there is more light on the coal strike. Republic now has less than a, three-week coal supply." Republic Steel, with a total of about 75,000 employes, said approximately 2,000 employes will be eligible for . retirement on January 1, although retirement will not be compulsory. Tensions Over Minimum The agreement, third to be signed among the country's largest steel producers, makes provision for pensions above the $100 a month minimum. Those payments arc computed by taking .one per cent of an employe's average annual earnings for the ten years preceding retirement and multiplying that by the number of years of continuous service with the company. .Peace also seemed near for Great Lakes Steel Corporation. Union and company agreed to call In about 200 maintenance workers to "enable the plant to be placed in operation that much sooner upon conclusion of a final agreement." A joint statement -declared progress of negotiations justified the maintenance crew agreement. GM to Declare One of Biggest Cash Dividends in U.S. History NEW YORK, Nov. 8. (/P>—One of the biggest cash dividends In American history will go to General Motors stockholders on Dec. 10. It totals more than $190,000,000. With other payments alerady made this year, it will bring the company's grand total of dividends for 1949 to more than one-third of a billion dollars. This is an all-time record for*General Motors Corp. and financial circles said It probably Is an all- time record for the united States The yearly earnings will amount to $8 a share for common stock, which has a par value of $10. Tho stock closed here yesterday—before the company announcement—at $69.1244 a share. The year's dividend will be 80 per cent of the par .value and almost 12 per cent of yesterday's price. Reaction to the news on New York Stock Exchange the will be delayed until tomorrow, since the exchange Is closed today for the general election. Price Skyrockcli The San Francisco Exchange still was open, however, when word of the announcement hit the tickers. The price shot up Immediately $2.6214 a share to $71.75. The new dividend will be paid to stockholders of record Nov. 17, and will be 44.25 a share for common stock. Preferred stockholders will get regular dividends. The huge dividend comes from record-breaking earning recently reported by the company. Sales for the first nine months this year totaled $4,458,000,000, well over a The net profit for the first nine months of this year was $502,000,000, compared to $327,000,000 (or the same period last year. This year's total dividend will bo $331,664,000. Of the company's 44,000,000 shares of common stock, K I. Du Pont de Nemours and Co., holds 10,000,000 and will receive nearly a quarter of the dividend. The Du Pont board will meet about Nov. 15 to decide Its own dividend action. To Retire Debt In a Joint statement, C. E. Wilson, General Motors president, and Alfred p. Sloan, Jr., chairman, said requirements of the last four years made It necessary for the company to hold back a high percentage of profits for new plant and bigger expenses. In a second record-breaking move, the company said another huge slice of cash—$125,000,000— will go to retire the company's debt to eight life insurance companies. The money was borrowed In 1946. it was in two parts, with repayment not scheduled until 1863 and 1976. It carried 214 per cent billion dollars more than the com-. Interest, and can be rcp'aid at a pirable 194JJ figure of $3,436,000,000.1 tim«. Aeronautics Officials Question Crash Survivor WASHINGTON, Nov. 8. M>) — Erlck HIos Brldoux today faced his first full questioning by Civil Aeronautic Board officials about the crash of his lighter plane tmd a commercial airliner that killed 55 persoj js. Hospital attendants said he spent a "fairly good night" and that his condition continues, to improve. He has a broken back and other Injuries. A CAB hearing on the accident starts tomorrow. Rios Brldoux was questioned hy CAB officials a few hours after last Tuesday's accident. However, after a serious relapse that nearly resulted in his death, no f rther official statements were taken. City Council Session Postponed for a Week The November session of the City Council, scheduled to be held tonight, has been postponed until next Tuesday night, It was announced this morning. City clerk W. I. Malin said the meeting was postponed because several of the aldermen plan to be out of town today and tonight. Justice Takes Oath LITTLE ROCK, Ark., Nov. 8—(/V) —Edwin E. Duimway, 34, was sworn in today as an associate Justice of the Arkansas Supreme Court. The oath was administered by Chlel Justice Griffin Smith. Dunaway was appointed last week by Gobernor McMath to succeed Associate Justice Frank G., Smith, who resigned. j

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