Lincoln Journal Star from Lincoln, Nebraska • 2

LINCOLN' EVENING JOURNAL Tuesday, May 31, 19491 Markets Hit '49 Lows on Key Issues Wheat, Rye Are Off Sharply NEW YORK. (P). Stock, bond and grain prices dropped abruptly Tuesday, Leading stocks declined a few cents to around $3 a share in one of the year's worst setbacks. The general price level of the market hit a new low for 1949. Many individual issues at the lowest prices from a longer period.

Wheat in the Chicago board of trade cracked sharply, following a severe decline in the price of cash wheat at. Kansas City. Rye also weakened. grains The decline, had in securities and connection. Another cut in steel production schedules for this enth in a row--was considered an important market factor in Wall street.

U. S. Steel Corp, old common stock, for instance, sold at the lowest price 1947 with a decline of $2 a share to about $66. Also disturbing to. Wall street thinking was the fact that the levels which past market had broken thru maverice tracted strong resistance to selling pressure.

Generally, tho, the price declines were considered the latest twist on a deflationary road. The latest report of Federal Reserve board for April disclosed the fifth straight monthly drop in industrial output. The board added that the decline continued thru early May. are disturbed about this contraction in business activity. Today's price trends are a reflection that concern.

Other key, issues included Youngstown Sheet Tube, GenMotors, Chrysler, Montgomery Ward, Allied Chemical, International Paper, Standard Oil (N.J.), and Santa Fe. Wheat lost more than 5 cents a bushel before some buying support developed. Rye was down around 3 to 4 cents. Lien Doesn't Hold Against Insurance The lein a county has against property of a recipient of old age assistance does not attach to insurance money paid when the residence is destroyed by fire. This was the ruling Tuesday of A Atty.

Gen. James Anderson in response to a question raised by Co. Atty Elmer Witte of Pawnee City. Witte said an old age client owned a home which was decounty stroyed by had fire a and lein asked against if the proceeds of the in policy. Anderson said it arance not, and that the county's claim is subject to the preferred claims for funeral expenses and medical servives.

The lein, he said, attached cipient may have owned but the to any other real estate the reinsurance money can't be regarded as real estate. Two Arabs Killed TEL AVID. (UP). Two Arabs have been killed injured in an attempt to infiltrate Israeli lines to their former homes in the Judean hill villages near Jerusalem Tuesday. Some 40,000 Arab refugees, most of them returned from Jordan, are reported to be in the Jerusalem area.

MORE! Flavor-of-the-Month BLACK RASPBERRY Ice Cream Meadow at Its Best! Meadow Gold ICE CREAM Gen. Graham Will Speak At Creighton Banquet OMAHA. (P). The man who guards the health of President Truman will speak in Omaha Tuesday night. Brig.

Gen. Wallace H. Graham, personal physician to President Truman, will give the main address at the annual Creighton University senior-alumni banquet. Thirteen years ago General Graham was at a similar function, only that time he was a member of the 1936 graduating class of the Creighton University school of medicine. Planting of Corn Nears Completion The state-federal bureau of agricultural -statistics Tuesday said 75 to 80 percent of the state's corn crop should be planted by now.

Weather the past three days was very favorable for work. As of last Saturday inthen tended crop was 67 percent planted. The breakdown showed planting near complete in the north central and northeast areas, 72 percent complete in the east central, but only 42 percent done in the southeast. In the southwest and panhandle it was 70 to 80 percent done. THE BUREAU'S weekly report said there were some reports of damage from cut worms and from hail.

Winter wheat was listed as unchanged. Generally, the report said, the, crop has stooled well and most of made good growth. But development has been offset to a certain extentby thin stands, orange leaf rust, aphids, weeds, root rot and some reports of mosaic. Hail did considerable damage in Dundy, Chase, Perkins, Deuel and southern Garden counties, ONE REPORT from Chase county said damage, was 80 percent in an 434 square miles. In this area some corn and sorghum will replace wheat.

There were reports of oats and barley turning yellow, apparently due to a lack of nitrates. The cool, wet weather has been unfavorable for development of nitrates. nearly all of the south Platte counties and in northeast Nebraska the first crop of alfalfa is ready for harvest, Cattle were reported as doing fine on pasture with a good demand for calves because of the good pasture. Mrs. Linda Roope Taken by Death Mrs.

Linda Roope, 72, of 1945 a resident of Lincoln since 1903, died, Monday night. Her husband, Thomas, died in 1945. Mrs. Roope was born in Lyons, N. living in Sioux City, where she was married 1900, in St.

Paul, and in Topeka, before coming to Lincoln. She was a member. of First Baptist church. Surviving are a daughter, Mrs. J.

B. Harley of Lincoln; four grandchildren, and one great grandchild. Council Okays Eastmont Plan A proposal of property owners in Eastmont addition that 30 feet from the extended center of street be dedicated for street purposes in the Cotner blvd. area will be approved by the city couneil. The city planning commission has asked for -50 feet, so that this and future plats abutting on street would permit a width of 100 feet.

The commission says street will, become the principal approach to Veterans' hospital as the city expands to the east, and envisions a 100-foot width from the capitol to the hospital. Mayor Clarence G. Miles said the city itself has no prior plan and that no ordinance has been set up for the proposed future development. Eastmont addition covers both sides of Cotner blvd. from to and property owners are anxious to get plats approved SO that deeds may be sold.

Four Prominent Americans To Receive N.U. Honoraries Four prominent Americans will receive honorary degrees from the University of Nebraska at commencement exercises held Monday. are: Dr. George W. Beadle, head of the division of biology at the California Institute of Technology; Milton S.

Eisenhower, president of Kansas college; Dr. Randolph T. Major, vice president and scientific director of Merck Rahway, and James F. Crowdon, chief hydraulic engineer of the Aluminum Company of America. All but Mr.

Eisenhower attended the University of Nebraska. DR. BEADLE, born in Wahoo, received his bachelor of science degree from Nebraska in 1926, and holds the master of science and doctor of philosophy degrees from Cornell university. He has been on the faculties of Cornell, Institute de Biologie in Paris, France and Harvard and Stanford universities prior to his appointment as head of the division of biology at California Institute of Technology in Pasadena in 1946. He is an outstanding authority on genetics.

MR. EISENHOWER was graduated from Kansas State college in 1924, and began his career of public service as American vice consul at Edinburgh, Scotland, 1924. He joined the staff of the U. S. department of agriculture in 1926 and two years later was named information director the U.S.D.A.

In 1924 he was named head of a the war relocaauthority a and later became associate director of the office of war information. In June, 1943 he was appointed president of Kansas State college. Mr. Eisenhower served on President Truman's commission on higher education and since 1946 has been chairman of the U. S.

national commission for U.N.E.S.C.O Mr. Eisenhower will also be the commencement speaker. DR. MAJOR received his A.B. and 1 M.S.

degrees from Nebraska in 1922 and 1924 respectively and his Ph.D. degree from Princeton university in 1927. He Co. Major has became associated, with Merck been responsible in part for development of the company's chemical research laboratories and its Institute for Therapeutic Research, and its advances the field of alkaloids and antibiotics. He is well known his research in medicinal chem- istry.

MR. CROWDEN, a native of Iowa, attended the University of Nebraska for one year and then quit to accept a job in 1906 with the Burlington railroad. During the next 17 years he worked for several firms in the Pacific northwest except for a period during World war I during which he distinguished himself for bravery in action with the Fourth engineers in France. joined the Aluminum Com'pany of America in 1925 and was named to his present, posi'tion in 1938. He recognized as an international authority on hydraulic and hydroelectric developments.

Airport Lease Approval Certain City council approval of a 99-year lease with the Nebraska national, guard on 29 acres at the municipal airport appeared certain Tuesday. Brig. Gen. Guy N. Henninger told the council a contract for construction of an $83,000 guard motor vehicle storage building has been approved in Washing- Specialized RADIO REPAIR Home or Auto 24 HOUR SERVICE FACTORY PERFECT PARTS QUALITY TUBES New RCA-Delco-Admiral Radios SIDLES 1400 BUICK 2-7027 PUT BURROUGHS SPEED TO WORK FOR YOU for as little as $125 Applicable Taxes Say good-bye to old-fashioned figuring methods slow, costly, inaccurate.

Find out how fast, how simply, a new Burroughs adding machine can handle your figuring work the office, in the shop, in the store or at home. See the complete line of time-saving, money-saving Burroughs adding machines. Come in today or give us a call. Call 2-7207 BURROUGHS ADDING MACHINE COMPANY 323 8. 12th Street, Lincoln 8 North Platte Call 65 Grand Island -Call 3720 In other cities, consult your local telephone directory Beatrice Call 607 8721 Hastings Call 1218 Injures Five North Bend Persons COUNCIL BLUFFS, Ia.

(P). Five North Bend, persons were hospitalized for cuts and bruises Tuesday when their car overturned on highway 275, about eight miles south of Council Bluffs. Mrs. Harlan K. Karaky 29, the driver, told Deputy Sheriff Jim Huych she thought a truck forced the car onto the shoulder and she was unable to bring.

it back on the highway. It rotled over. Also hospitalized were John A. Karak, 73, and his wife, 63; Ed Kern, 86, and his wife, 76. 4-H'ers Told 'Think Ahead' By Dr.

White Maturity means not only thinking of the present but in terms of several generations ahead. So spoke the Dr. C. Vin White, pastor of Lincoln's First Presby terian church in an address to more than 300 4-H club members attending Club Week at the University of Nebraska college of agriculture. Speaking on "Evidences of Maturity," the Rev.

Mr. White urged the clubbers to think in terms of their indebtedness to society. The only, good basis for ownership, said, is willingness to share possessions. He praised the progress of 4-H clubs in teaching youngsters mature thinking. One of the organization's big contributions, he said, is teaching people to live in peace with others, "whether you like them or not." One of the greatest evidences of maturity, the Rev.

Mr. White said, is realizing indebtedness to society and the fact that one will not live long enough to repay it. The 4-H'ers were led in recreation Tuesday by Miss Harriet Elliott, a youth leader from Bloomington, Ind. Miss Elliott also spoke on the subject. of values of recreation.

She said it RECORDS VICTOR -COLUMBIA DECCA-CAPITOL and others Superior Musical Service Won't You Call Today? SCHMOLLER MUELLER PIANO CO. 1212 0 St. 2-6724 Districts Ask Dismissal of Hydro Hearing The Nebraska court of industrial relations was asked Tuesday leged labor between local dismiss the blearing of the alunion 739, IBEW, and the three Nebraska hydro-electric districts. The request was made torneys representing the districts on the grounds the union made a showing that employes of the districts do not receive wages comparable to thost paid in the same labor market area. The court was scheduled to hear evidence in the case but granted a recess after hearing attorneys for each party outline briefly what they expect to prove.

The court granted the recess at the request of David Weinberg, Omaha, union atwork out a stipulation with torney, who said, he wanted to district, attorneys. The hearing was to reconvene at 1:30 p. m. Robert Beatty, North Platte, attorney for the Tri-county district, told the court the district has no employes that are members of the union. He also stated that Tri-county should not be a party in the action because it is no longer a member of the Nebraska public power system, having terminated its association last April 1.

Otto F. Walter, Columbus, attorney for the Loup district, and develops personality, skill and character and good fellowship essential to living in society. The youngsters were entertained by the. Lincoln high girls' glee club under the direction of Miss Dorothea Core. The young visitors toured the agricultural college campus durting the afternoon.

A banquet is scheduled for them Tuesday evening at the Student Union. Robert Crosby, North Platte, torney for Platte, valley, contended the should not recognize the union because its petition fails to show that a labor dispute exists. Walter said the Loup district has only two employes that are union members. Crosby said the Platte district has but one union employe.The union is seeking a change in' the working rules and an in wages. Maude E.

Clark, Ex-Kansan, Dies Mrs. Maud E. Clark, 72, of 520 So. 25th, a resident of Lincoln for 32 years, died Tuesday morning. here from Logan, where she lived for six years.

Surviving are her husband, Horace; two daughters; three sisters; a brother, and three granddaughters. Funeral services will be at 11 a. m. Thursday at the grave in Lincoln Memorial Park, with Rev. Ronald Dickson officiating.

Burial will be in Wyuka. Blessed Relief From Constipation Misery "Irregularity made me feel so miserable I often had to stay home. My trouble ended when I made KELLOGG'S ALL BRAN a part of my daily diet." Clement L. Boehmer, 184 So. 5th Street, El Centro, Calif.

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P. CROWDEN DR. MAJOR Cheyenne Tops Wheat Output Cheyenne county was Nebraska's biggest winter wheat producer last year, Director of Agriculture Rufus Howard said Tuesday. He said Cheyenne's yield was 4,661,370 bushels, an average of 21 bushels per acre. The state produced a total of 81,938,000 bushels, an average of 20.5 bushels per acre.

He estimated this year's production at 63,000,000 bushels. Burt county wheat made 31.5 bushels per acre to lead the state in per acre production, Nine other top producers besides Cheyenne were: Perkins Box Butte. 2,252.990 Hitchcock 2,492,400 Keith ..2,126,300 Chase Lancaster 2,066,920 Deuel Saline 2.021,340 Kimball ton. He said work would start "immediately." A formal contract must be properly signed by Mayor Miles and Henninger and sent to Washington for final approval. Want to an Drive Easy Bargain? Tune in HENRY J.

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Chief. Storkeeper William J. Kopytko was aboard a navy plane two hours out of Honolulu, but it was forced to turn back because of engine trouble and bad weather. He was on the last leg of a 5,000 mile trip grom Guam. Navy officials said it was not definite when the flight would be resumed.

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