The Courier News from Blytheville, Arkansas on May 21, 1968 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

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Blytheville, Arkansas
Issue Date:
Tuesday, May 21, 1968
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Page 3
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Blyftwffle (Ark,) Courier New* - Tuesday, May 21,1968 - Page Thres,,,. ipping to N. Vietnam Tapers By FRED S. HOFFMAN AP Military Writer WASHINGTON (AP) - Shipping into 1 North • Vietnamese ports dropped slightly during the first month after President Johnson invoked a limited ban on U.S. bombing. Intelligence figures list 39 ship arrivals in North Vietnamese ports during April, 4 fewer than in March. Johnson on March 31 exempted from U.S. bombing most of North Vietnam's territory, in- cluding; the main port area of Haiphong and lesser ports of Cam Pha and Hon Gai.'Some authorities expected -. shipping traffic to North Vietnam to increase as a result. They felt North Vietnam's freedom to move supplies away over repaired roads, bridges and ferries without fear of U.S. air attack would have eased serious congestion of the ports. But authorities with access to reconnaissance photographs and other: intelligence information disputed reports that the shipping flow to North Vietnam was blossoming. . . In addition to reporting the .decrease in ship arrivals, they said there has been no significant rise in the number of ves- 'sels bound for North Vietnam.' The United .States has means of monitoring shipping from Vladivostok, Hong Kong, through the Dardanelles and other places traveled by North Vietnam-bound vessels. U.S. officials whose job. is watching the flow of shipping to North Vietnam speculate one reason the traffic hasn't increased is that the Haiphong port, in particular, is operating at maximum capacity. They say dredging apparently has not yet cleared away enough silt to permit a larger number of seagoing ships into the harbor. The Communists turned to smaller vessels earlier this year because silt was choking channels and waterways leading into the country's biggest port. During the time when Ameri' can bombers ranged .virtually all over North Vietnam, Hanoi maritime authorities undertook only limited dredging of Hai- phong harbor approaches. Since the bombing restrictions went into .effect, some renewed dredging activity .has been reported but its effects may not be significant for some time. The Soviet press reported in April that some 50 cranes were in .simultaneous operation- unloading as many as 10 to 12 ships a day. WOUNDED NOT REQUIRING HOSP Short BUSINESS MIRROR • By JOHN CUNNIFF AP Business Analyst NEW YORK.(AP) — What Wall Street .needs today more than new issues or higher volume or perhaps even more than bullish news, is. clerks. • Never in recent -.history, - in fact, have the big financial iustt : tutions -been-so dependent upon the worker who can handle -paper with speed and-accuracy-under constant pressure and while working long hours. Continued high volume, and the slowness- of-the industry to computerize some operations are generally regarded as the reasons-|for the big demand for clerks. Reflecting the shortage, a partner of one nationwide brokerage house complained that no sooner had his firm trained novices than they were hired away for more money as experienced workers. High school graduates without experience can begin as high as $100 a week, and in some instances . help is provided with day or night school tuition. To say that clerks and administrative and. supervisory personnel are urgently needed would be an understatement. They are needed desperately, for the growth and income of more than a few firms is threatened by their inability to handle backroom or "cage" operations. During the past .week the investment community was surprised if not shocked to learn that Lehman Brothers, one of Victory to the A Shau Valley campaign has cut off a major Infiltration route for the North Vietnamese. It has, however, cost heavily in casualties and toss of equipment, especially helicopters. Chart shows breakdown of American casualties in Vietnam since 1W1 based on most recent reports from U.S. headquarters in Saigon. Figures cover part of the A Shaa Valley fighting. : , CHICAGO'-(AP) — Brazil has become the first South American nation to sign a tax treaty with the United States. ; The Brazilian-U. S. treaty brings to 22 the number of such agreements, Commerce Clear- ing House .said. • : . The treaties- protect taxpayers, with international interests in countries wheiT3 agreements are made against double taxation. Such treaties -have existed since 1935: when France and the U..S. exchanged 'ratifications. The principles involved hinge on the source .of income, the taxpayer's nationality and his residence. The- : two. nations' agree that drily.one of them will serve as;the'-taxing base. CORRECTION! REG. 30f WICH BEST BARGAIN M BLYTHEVHIE (NO lifll) (Sw Thit Pa(w For Wall Street on Clerk the world's most prestigious investment bankers, was one of the. firms caught in a clerical bind. Lehman could produce the volume without great problems. It could share in the increased trading of institutional investors. It could handle, the purchases for its .large customers. But the sale is only part of the transaction. - The'problem for Lehman, and for many houses, is that its clerical operation is temporarily unable to keep up with the volume of business. The stray apparently caused clerical errors and delays which tied up funds. As a result, Lehman Brothers reportedly has told the New York.Stock Exchange that it will refrain from expanding its brokerage.business until 1 it can resolve clerical difficulties. This is not an exceptional case. Other firms also are suffering backroom problems', partly because they have emphasized sales and sometimes ignored the : need for more clerks to handle these increased sales. . . Some of these firms have been ordered by the New York Stock Exchange to restrict their growth until they can hire and tram. more backup personnel. Others have received an advisory letter on the need for more workers. What apparently worries the stock exchange as much as anything is that continued high volume might result .merely in a continued high volume of errors unless the ratio <•' -' 'ssmen to backroom workc - .iges. The advisory \t..i> suggested that - brokerage houses should aim to recruit and. train two operational,- administrative or supervisory persons for each salesman hired. COMFORTING each other in Vietnam, this puppy finds security in a GI's warm field jacket. ,,„_______,. . - *^-.[" .LUNAR CAMERA will be used by Apollo astronauts tof send:live television pictures back to earth from the moon.5."^ The rugged and .sensitive seven-pound camera will have 3 x to withstand Fahrenheit temperatures ranging from 250;~- degiiees' above zero to 300 degrees'below. Unit will operate.:.. under low light level conditions during the Lunar night. ,_-„ Personalized, lasting elegance in rings ihat become more treasured and cherished. A . thrill for any gift occasion. ONLY $fl% . .. 7 . 3 ways to buy, • Cash 'Charge • Lay-a-way sea your For rtaf'Feal Better Fesllnj* MFfl IN'SURMCE • aaeirt BUELL W. CARTER, Agent-607 N. Gth-PO 3-3361'» The Unbeatables prove: If you can afford aFbrai you can afford a Chrysler. Chrysler Newport now priced about $3.78 a month more than Ford LTD Chrysler Newport now priced about $3.78 a month more than a Ford LTD* (which fe still a Ford, a high-price, low- price car). Chrysler Newport npwpriced about $2.29 a month more than a.Ghevy Caprice* (which is still a Chevy, a high- price, low-price car). That little more now moves you up into a big, full-size, almost shamefully elegant Chrysler-tS- and that's an unbeatable deal. Afford a Chrysler? The way we're dealing, can you afford to pass it up? •«iud nn aamoirl tr"nimlSloirpJI!l bfc. owwi M !) rrtlll orte»i for Oiiyitar Newport, font LTD •«) Ghivrotot Caprfog J-rir hsrdtopj, comparably equipped. With 3-speed. automatic ?. wbil. tld" w«H «!», wh"«™ v«r». CompariMflS an (unit on onMhlrd down, 36 monthly payment*. «x«|udlng qtlw 9|KIOMl ttx«l. lntir«tt. Iwy "61" MOTOR CO. • N. Highway 61, Blytheville, Ark. •a.,

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