The Courier News from Blytheville, Arkansas on October 6, 1955 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Thursday, October 6, 1955
Page 3
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TTOWDAY, OCTOBER 8, 1WS BLTTHEVILLB (ARK.) COURIER NEWS PAGE THRE1 ^^^!LlK4m®3!^y*)SK&ahL^ gHAW^'EE CHEERLEADERS — Named to football season are (left to right) Judy Byrd, land; lead cheers by Shawnee's Indians during the 1955 Pelts, Janice Shannon and Saundra Kowerton. batable. Earnings may be pared down by rising costs. Twelve of the 44 early reporting corporations show nine months profits trailing 1954. And two of the 44 operated in the red this year, compared with four in that plight last year. Among the 12 out of step with the majority are companies turning out airplanes, paint, oil and electrical equipment. Some of the best gains over 1954 reported by the 32 on the upside were turned in by railroads, three farm equipment manufacturers, four metalworkers, three rubber firms, two textile and two plywood companies. Store sales so far this year seem to foreshadow gains in retail profits when the reports are published in the next few weeks. The fast production pace of the steel mills indicates their nine months' profits should be as glowing as the earlier ones this year. In all cases the nine months profits were made before president Eisenhower was stricken. But so lar the effects at his illness have Strayed Reds Staying Put TOKYO M") —The Japan Communist party is welcoming back the strayod lambs — but they won't return. Kyodo news service reported the party, featuring a "new look," has invited back the members who were thrown out, for failing to keep up with the twists and turns of the party line since the war. But, says Kyocio, the Communists who were told to lake their cards and go — either for being too harsh or too mild — are refusing to come back. Of 10,000 approached, law enforcement agencies said, only 35 re-entered the party. Fasting Doctor Won't Shave CLEAR WATER. Pla. i/PI — Dr. out food, now says M won't shave contempt of court after he rftfui*<l to pay alimony and created a icen* at a Judicial hearing. He says hii either. The retired Tarpon Springs den- u- « Ju «.^.u. D . — — j- — list has spent much of ihe past two j rN-mer wife, a Yugoslav, married days in prayer and reading a pray-1 him so she could become a U.B. ^™v,,,n^v. ,-.o. ,*-, - ~..,« b° ok ' His only nourishment has! citizen. Michael J. Plese. 61. with his sifihts! been coffee and soft drinks. | set on spending 30 days in jail with- I He was ordered to jatl Sept. 26 for i Read Courier News Classified Adi. been localiezd pretty much to the stock market. There are few signs yet that businessmen are pulling in their horns, or that sales totals and profit prospects are affected. Upcoming Business Reports are Cheerful By SAM DAWSON NEW YORK (AP) — Cheerful headlines are coming up for the next few weeks as business reports its first nine months earnings. The first 44 corporations to report show three out of four doing better than last year. Combined, their net profit after taxes in the first nine months of their fiscal year was $225,905,781—8 smacking 42.5 per cent gain. s Financial institutions aren't included in the 44. But the big banks • . whose earnings statements are now appearing show almost unanimous gains over last year. ! The great majority of earnings statements won't be issued for sev-; eral weeks yet. The first reports can be only a rought indication of what may be expected. The prom-! ise is that 1955 will be a banner year for American business. j 19 Per Cent At this year's halfway mark the j railroads were averaging a shop-] ping 79 per cent gain in earnings 1 over the year before. And further reports show the gain continuing. Whether the same glowing increases in business profits will car! ry over into the new year is de- J. A. SALIBA M.D,M.E, PH.G. Specialist Eye, Ear, Nose and Throat Fitting of Glasses DR. SALIBA'S CLINIC Office Hours 9-12, 2-4, or by appointment Office Ph. 2-2161 128 E. Kentucky Res. 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