The Courier News from Blytheville, Arkansas on December 27, 1940 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

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Blytheville, Arkansas
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Friday, December 27, 1940
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Page 3
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FRIDAY, DECEMBER 27, 1940 Some Indices Show Activity At High; Only First Stage Reached Second of six :in.icle.s reviewing iy40 business and forecasting probable trends in .iu\i t # * * By JOHN T. FLYNN NBA Service Financial Writer According Lo some of the business indices, business activity in the United States rose toward the end of this year to the highest point it has ever known. This rise, however, is not entirely reliable. Business activity has indeed risen to the highest point it has known .since 1929. But unfortunately most, of the business m- diqe.s that show this all-time record happen to be based on those factors that have been most vigor- ousiy stimulated by the war. This, however, :s merely by way of warning. The rise in business activity has been very great. And, a.s matters .stand, it is only in the first .stages of its real rise. ' A lew factors will suffice to show this.. Industrial Production 1938 100 1939 ..120 • 1940 130 Retail, Per Cent Increase Distribution Over Last Year Cleveland 7 New York 3 Philadelphia 5 Chicago , G DEFENSE SPENDING JUST STARTING In the industries most directly related to the war efforts of Europe' and America the immense energy developed is striking. Not only is the,activity great—as it was in 1936 —but there exists now what did n6t exist then, a huge backlog. There are even lumber mills which have enough government orders to keep them busy a year. And at the same time some of those shortages that have been developing in the last 10 years through the lag in construction are, beginning to be feltr-as in the electrical industry. The big question, then, is how much further will this go and for how long? How much further it will go may be gathered from some figures affecting the amount of government business that yet remains to get under way. _ According \ to.. Chairman Taylor of •thesHous^Appvop.riations Committee, defense appropriations and commitments total $17,692,227,930. All of this sum has not -been appropriated. Some of it consists of commitments. Some of it,' therefore, will not be spent for two, three, four or five years. The total appropriations .for defense, and civil purposes, however, are enormous. The actual appropriations for civil and defense purjbses are $16,920,627,000. The commitments for which no appropriations have been made "amount to $4,000,000,000. And another contract authorization amounts to $4,586,000,000 for a two-ocean navy. New appropriations, however, probably equaling $3,000.000.000, will be asked as soon as congress assembles after the first of the year, if not sooner. MOUNTING SPIRAL This vast sum of money flowing _into the bloodstream of business will, of course, produce the most extraordinary effects. And there is no assurance that it will not be greatly increased, since it is estimated that price increases in construction and production of war materials are already sufficient to add another $2,500,000,000 to. the cost of the things include^j^,these appropriations. The rise in business indicated in the figures for. industrial production and retail distributor! has been provoked by an expenditure of only a small part of these vast defense appropriations. Only a modest part of the sums -appropri,- ated have been spent. The full tide of these outlays will begin to be felt after the first of the year. And it will grow with the passing months. Hence the outlook for the year under the impact of these expenditures is for a mounting spiral of business activity rising steadily to a boom. BLYTHEVILLE (ARK.V COUKIER NEWS Figures above are estimates from U. S. Department of Commerce. No estimate for 1940 available, but total retail buying in the United States is considered certain to be well ahead of 1939. BRUCE CATTON IN WASHINGTON BY BRUCE CATTON Couicr News Washington Correspondent WASHINGTON, Dec. 27. — Gov. Culbert L. Olson of California rolled one right down FDR's alley when he called for a regional federal authority like TVA for the vast Central Valley project in California. Nevertheless, candid New Dealers are a bit .skeptical of the plan's chances. In the first place, a bill setting up such an authority would have to get by Congress—which wouldn't be easy. Stalwart public- power men like Senator Norris and Congressman Rankin "have saved TVA': from repeated attacks, but putting over a brand-new project in a: .different part of the country wouldi'be tougher. ; .Beyond that, the Central Valley Authority—even if it did get Con- gress'^blfessing—would-face -a huge problem in connection with its electricity hands. THREE ROADS, ALL ROCKY Power distribution systems all up and down the Central Valley figure in all of. this. The Federal Power Commission recently, mentioned a prospective shortage of electric power in northern California, and the annual report of Reclamation Commissioner John C. Page asserts known deposits of various important strategic minerals, which would require large blocks of power for processing, are within transmission distance of Shasta Dam. Map shows irrigation canals and Shasta power and irrigation dam of the 500-mile Central Valley Project, California's T. V. A. Ekins To Be Manager Of Brown Shoe Factory Tuesday of the consolidation ol tho branch county unices of the National Farm Loan Association ol Pemiscot and Dunklin counties, with headquarters to ho henceforth in this city. Tho new estalishbment '.vili bo known as the Southeast Missouri National Farm Loan As- sccliUion. Ralph Ennis of Caruthersville will be .secretary-treasurer of the new ivriiUMl/utlon, and will have an n.s- sisiuni. to be appointed Soon. The c,uif:o!id:Uum was made following i.'ie re.siymuian of Charles Redman of KenneU, secTPtury-treasurer of the Dimklin County association of- ik-e. The- now association ottlcc will .verve uboui 700 customers in the uo counties, with an annual cash outlay of approximately two and Risc-hiiH million dollar's. Mr. Ennis will b« in Kennett two clays per week to contact clients there, but all records and ofllee files will be retained in flu: local otfife.here, Mr. Enni.s. .secretary-treasurer of the Pemiscot County association oilice for the past three years, had the .state-wide distinction this yoar of closing his books at the end of the tl.scal year. Doc. 15, without a single delinquency. This was the first, time in the history of Uu> us- .sonation in Missouri that uny office had completed a years'work without n delinquency, Seek State Aid For County Fair Groups CARUTI1ERSV1LLE, Mo.. Dec. 27,—Harry E. Mnlloure, secretary of the Pemiscot County American Legion Pair, staled Thursday that statewide activity was being planned by all county fair associations in an effort to secure state aid to the various fairs so that extensive programs including premiums for livestock and farm producU could be offered at future lairs. Mulloure said thai as things stood at present, most county fairs were merely carnival shows nnd horserace meets, with minimum attention and premium awards directed toward livestock and farm products. He declared the county fairs, whose general admission was low in order to be available to rural residents, had too small Income to permit much being offered in way of premiums for livestock, poultry, and farm products. Malloure said the plan being considered at present is for each county fnir organization to contact state legislators, both representatives and state ..senators, with the idea of getting a bill introduced into the Missouri legislature, providing for state aid to county fairs. The state aid would; be used only for premium lists, Malloure stated, and the proposed plan now being considered would ask for about $2000 to go to the established county fair premium lists. ' • ". \ ! Mrs. Emma S. Rogers, 69, Dies At Garuthersville CARUTHERSVILLE, Mo., Doc. 27.—Mrs. Emma Staton Rogers, GD, widow of tho late Ally. George B! Rogers, died Wednesday evening at. 6:30 o'clock at the h6me of her daughter, Mrs. Luke VnnAusda'l) of tin's city, death being attributed (u a heart attack. Mrs, Rotors had bi-iMi in }}] health lor four ( ,r five years, .suffering from hij;h blood r re.ssure. and suffered the fatal attack shortly after partaking- cr Cliristnifts dinner with hor d:uu>h- !"." and family, Mr.s. Ro;;crK was born Aujjust 31. 1H71, on a farm near Olive Brunch, Miss. $ho attended the schools there and later tho Holly Sprlnr.s Miss.. Synodiesil Co)lt?»i>. Rjlluwiiyr she taught school in CARUTHERSVILLE,..... Mo.! Dec. jetting 27.—Effective February 1, 1941; "it into the consumer's (was announced here Thursday, Monte Shomaker, superintendent of the local Brown Shoe Company plant here for the past few years, will be supplanted'by Harry Ekins. ~, - — ^ v/unmii vuucy Mr - Shomaker will go to Dyer, area are tied up in the huge net-: Teiln -' lo mana ge a'new plant the work of the Pacific Gas and Elec- tiic Co. A public power authority operating in the .valley could do company is installing in that'city. ,Mr. Ekin.s. who comes here from __ _ the company's plant in Murphys' one of three things—duplicate this bor0 ' I ' 1 " wnei 'e he was assistant .distribution system, at great ex- superintendent, has already re- i psnse and likely on a non-profit P 01 '^ 1 • her e to familiarize himself basis, acquire P. 'G. E.'s lines by , wjth his new clu ties. a tedious, expensive and uncertain * Two otner changes in the staff I process of condemnation, or simply i Personnel were also announced, jsell power at the dams o P. G/S. irrank Benoist will go to Dyer as ! for transmission and resale. " \ office manager, being replaced here Public-power people don't like' {:y Cnarle s Shaw, also of the Mur- any of those prospects. As one • P h y sbon -"- •HI- plant, and Roy friend of Governor Olson's plan Downs of st - Louis has been sent here to succeed Bill Wybert a.s local sums it up: the expense of the first j alternative would practically ruin i tiie project's chances, the le^al ~~ ~ -—~ —— ^ T~.J. tattles incident to the set-olid P°P ular with P ]ant employees and might last for 10 years, and ndop- ; townspeople here. An active worker plant engineer. Mr. Shomaker has become very ticn of the third course would benefit a private corporation considerably but would do rectly for the public. little di- 18 Pemiscot Guardsmen HI With Influenza CARUTHERSVILLE, Mo., Dec. 27.—Eighteen members of. the National Guard units of this city are confined to "hospital quarters" with the "flu", commanding officers stated Thursday. The two Caruthersville units. Company B and the Medical Detachment, are quartered at the Armory, but the hospital quarters have been installed in the Masonic Hall, across the street from the armory. None of the cases are serious, attendants said, but the men are being confined to prevent spread of the epidemic, which is considerably prevalent among civilians of this county and section, doctors report. Members of the medical detachment arc caring for the confined patients. Read Courier News want ads. Nevertheless. Central Valley's potentialities are enormous, and with FDR giving Olson's idea the okay the plan will undoubtedly be pushed. DEFENSE ANGLE So far, Central Valley has re- :rnained a Bureau of Reclamation . preposition. (Just incidentally, Re- jclamation is in the Interior Dei partment. and getting Secretary •Ickes' consent to the removal of j the project may not be a simple {job either.) ! Basically, the works now under- jway are aimed at flood control and a general redistribution of the valley's water icsources. In effect, it calls for elimination of flood perils in the Sacramento river and a siphoning of stored-up water off to the valley of the San Joaquin for irrigation. The national defense angle could FURNITURE Lea vine town & selling this furniture ridiculously cheap—one piece or ail. 4-piece \valnut bedroom suit 0 Breakfast, table & chairs. Twin beds. «fc chest drawers. Davenport. chairs & ottoman. Porch glider table. & chains. Two 9x12 °vW several small ' rugs, small stand*' tables, mirrors, pictures, utensils shades, curtains, drapes, lamns* etc. '' Also 9-piece solid "oak dining suite &'4-piece blond maple bedroom suite with box springs & best grade mattress. These two suits latest style & nearly new pare say none other as beautiful in Miss. Co. Shown by appointment Wed.. Thurs., Fri., Sat & Sun. Phone 299 or inquire .701'w Ash. in community and civic a flairs, he has also '< taken particularly intensive interest in ./developing the plant morale of Jiis factory workers, organizing and sponsoring vari- j ous sporting teams and plant club ' aciiviliea. Dunklir. And Pemiscot Loan Groups Consolidate! LATERI BUDGET PLAN TOG as km CB MOTOR CO. CAR To Be Announced in This Paper at an Early Date PHILLIPS MOTOR CO. 5th & Walnut Phone 810 PAGE THREE Olive Brunch nnd Holly Springs, later taught In a Memphis, Term,, business college, At the Lime .she met and married Mr. Rogers, a young Memphis -ntlorney, she wn.s .secretary for n Memphis law firm. She was married to Mr. Rogers August l, 1890, In Memphis, and the following year, !n June, 1897, they moved to Carnthersville. Mr. Rogers opened a law office here in partnershij) wiih unoiher Memphis attorney, and Mr. Ufrfer.s, who passed uwny in January, 190-1, was utiomey here for the once prominent river shipping line, the Lee l,ine Steamers. Mr.s. Kojjer.s wa.s a member of (lie Presbyterian Church, having joined in early life juid inmsfcrrinif her. membership to the church hero when .she and Mr. Rogers moved to Canuhersvilli'. She Is survived by (htt'c children, Mr.s. John L. VnnAusdall nnd Mrs. Luke VanAusdnll of this city, and Jeff Rogers Sr., of Blythevllle. Also surviving are eight grandchildren. Funeral arrangements are incomplete pending the return here of her -son who left Tuesday for a vacation in Florida, nnd had not been contacted early today, Shoots At Officers; Gets Two-Year Term CARimiERSVlLLK. 'Mo., Dec. 27.—1'loaillng guilty to charges of shooting at. state and federal -game wardens. E. A. Wright, Tiptoriville, Tenn., was sentenced to two years in the .state penitentiaiy In circuit court hero this week. Wright'was Charged with tiring at Stanley Harris, State Consurvntlon agent,. and a federal game warden who accompanied Harris, when they sought to question Wright con-, cernlng his hunting license, Neither agent was hit! • AT PENNEY'~S Relief At Last ForYourCough , Creomulsion relieves promptly because it goes right to the seat of the trouble to help loosen and expel germ laden phlegm, and aid nature to soothe and heal raw, tender, in- named bronchial mucous membranes. Tell your druggist to sell you a bottle of Creomulsion with the understanding you must like the way it quickly allays the cough or you are to have your money back. CREOMULSION for Couehs, Chest Colds, Bronchitis GAINS PRICES SLASHED!! SAVE OVER 50%!! Broken sizes, lots! Seasonable items drastically reduced for immediate cleanup! We intend to invoice all current merchandise! lie here early — get your share of these amazing values!! ..'.•. AL 8:00 O'Clock Saturday Morning, December 28 YOUNG MEN'S SUITS SIZES 32 to ;*S! All hard-finish worsteds,!-Double and Single Hreast models in blues, greens and greys! Reduced from our regular line! Well tailored! All this winter's suits! Here's an opportunity to make an appreciable savings on good, clean merchandise! Men's All Wool, Plaid Melton SIZES M to <\(>\ A UV WOOL Melton Jackets in a full selection of bright or subdued plaids! Talon fastener fronts! The popular cossack style! Men, take advantage of our "overstock"—there's plenty of cold weatherworn ing! Select one of these at this bargain price! Clean merchandise reduced from this winter's stock! BOYS' BROADCLOTH PAJAMAS If you're accustomed to paying from SI to $1.25 for pajam:us, you'll be pleasantly surprised with tlH'.sc! Fast colors! Full cut! Two-piece. HOYS' DRESS SHIRTS Fast color prints! Full out! Save Sii-.e.s 8 to 17! Hurry! Hurry! Hurry j 50 ' will First onmo, first served. 50 25 HOYS' BLANKET-MNEO , JUMPERS 50% Wool Lining;! Heavy blue denim with ccrdrroy or liar! If ore's n. chance to save over 50 r /f on first quality merchandise'. Sixes 14. 10, 18! DRESS SHIRTS Reduced fcr immediate clean-up from our most popular line of shirts! Sizes 8, 10, H, 17! If yoiir si/.c is-here, save over 50%! 37 HOYS* SWEAT SHIRTS Heavy, cotton-fleece lined! Sizes 8. 10! There's only a few of these, so he early! A tremendous hargain at this ridiculous lo\v price! HOYS- KNICKERS Woolen and corduroy! Sizes 14 and 1G! Full cut. sturdily built! The ideal school garment! Save way over 50% on these! MKN'S DRESS AND WORK TROUSERS If you're accustomed, to paying from $1.5(1 to $2.00 for your "knock-about" pants, you'll want more than one pair of these! Si/cs SO In 42! , MEN'S ROBES A f«;\v odds and ends from our rrgulur rob«' s<o<;k! Some are rayon coUon, some blan- kcl-cloth! Si»v« 50%—Uurrvf $149 1 TWO ONLY . BOYS' SUITS • Two pants, vest and coal! Double breast, dark green! Size 12, 14! If it's your size, save over 50%! Boy, here's a bargain! ONE ONLY MAN'S SUIT SI/F, 40! Dark grey double, breast! Faint blue shadow stripe! All \vool, hard finish! Reduced from our best line of men's suits'. ONE GROUP CHILDREN'S SHOES An assortment of straps, pumps, oxfordsl All leather .shoes! You're used to paying much bi?her for them! Your size may be herr! Hurry! 10 SO' DRASTICALLY REDUCED ONE TABLE OF ASSORTED SHOES Men's, women's, children's! Reduced from all price bracke's and lots! Guaranteed, all leather insoles and counters! Hoys' Leather Boots. .$1.00 Men's Leather Boots §3.00 Men's & Boys' Tennis Shoes .39c and Many Other Similar Bargains! a t e d

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