The Courier News from Blytheville, Arkansas on October 12, 1954 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

Blytheville, Arkansas
Issue Date:
Tuesday, October 12, 1954
Page 2
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TWO BLYTHEVTLLB (ARK.)' COUWOT Senate Group Hears Testimony on Coffee Price Charges Today WASHINGTON (AP) — New York Coffee and Sugar Exchange officials go before a Senate subcommittee today for questioning about accusations they have unlawfully promoted coffee price boosts. Oct Dec Mch May Commodity And Stock Markets- York Cotton (12 :M quotations) 3468 3474 3468 3413 3481 3413 3497 3508 3496 3515 3529 3515 3480 3508 3529 -* Public hearings before a Senate banking subcommittee headed by Sen .Benil (R-Md) resume n day alter- the Federal Trade Commission formally charged the Exchange with unlawful trade practices to manipulate coffee prices upward. Also named were four exchange officers nnd ight members. The FTC yesterday gave them 20 days to answer the accusations, which the Exchange informally denied. The action could lead to » final PTC order, afeter hearings, to cease Ihe practices complained of. Bealls' .iiilmommUtiw plans to New Orleans Cotton Oct ... 3460 3471 3400 Dec 3412 3481 3412 Mch 3498 3510 3498 May 3511 3530 3511 3480 3510 3530 Chicago Soybeans Nov ... 279Vi 280 IWi 277 Jan ... 283 283 279 3 4 21!P,4 Mch ... 285 285!4 282 282 May ... 286 286 283M, 283 y., Chicago Corn Dec ... 155V B 155'% 154 154',:, Mch ... 158 158 157ft 157 H Chicago Wheat Dec ... 2173, 217-li 215!-s 215:"., Mch ... 219^ 21S 3 -, 218id 2Wi New York Stocks A T and T 171 1-2 Amer Tobacco 59 1-8 Anaconda Copper 42 1-8 Beth Steel 78 1-8 Chrysler 07 1-8 Coca-Cola 110 1-2 Gen Electric 42 5-8 Gen Motors 80 1-2 Montgomery Ward 14 N Y Central 19 1-4 Int Harvester 33 1-8 Republic Steel 63 5-8 Radio 33 3-8 Socony Vacuum 47 5-8 Stude-Pack 13 Standard of N J 100 1-8 Texas Corp 7.1 Sears 72 1-4 U S Steel 68 1-2 Sou Pac 453-8 Livestock NATIONAL STOCKYARDS. 111. H>>—(USDA) — Hogs 9,000; (airly active but later slow; 180 Ibs up 25-35 higher; lighter weights 25-50 higher; sows uneven, moslly 25 higher; choice 180-210 Ib 19.10 to mostly 19.25; small lots late 10.00; 150-110 Ib 18.75-19.25 ;sows 400 Ib down 17.50-18.25; heavier sows 15.50-17.00; boars 11.00-15.00 Cattle 5,000; calves 1,300; open- Ing slow on steers and heifers; early sales fully steady; choice steers 2400-26.00; cows active and steady to strong; strength mostly on canners and cutters; utility and commercial cows 9.50-12.50; canners and cutters 7.50-9.50: bulls 8.00-10.60; venters and calves steady; few high choice and prime 23.00-24.00: good and choice 18.0022.00; commerrlal and low good 14.00-17.00. SECURITY (Continued from Page 1) SO. The last previous report of the commission in March set the total then at 2,486, of whom 429 were in the subversive category. No Distinction In neither case was there any indication ns to how many suspected subx'ersivas had been fired and how many resigned, nor whether in the latter category there had been hearings to determine whether allegations ngninst the separated employes were valid. The Eisenhower program mnke.s no distinction between suspected subversives and security risks. The latter class may include persons with criminal records, perverts, those who talk or drink too much, and so on. . Chairman Stephen A. Mitchell of the Democratic National Committee termed Ihe report yesterday a "numbers racket," a "hoax," and a "desperate now effort to fool the public" in an election campaign. Mitchell and Sen. Olin D. Johnston (D-SC) urged Sen. Carlson (R. ani, chairman of the Sennit* Civil Service Committee, to call hearings and subject the report to "real scrutiny." Johnston is the group's senior Democrat. GOP National Chairman Leonard W Hail said the commission's figures puncture Democratic pariy claims that subversion in Washington is a "bogus issue," and declared they mean "this administration is cleaning up instead of covering up." Hall also declared the 6,926 figure vindicates, Vice President Nixon and laves Mitchell "holding the bag." Hendrickson Won't Vote For McCarthy Censure WASHINGTON (JP) — Sen Hen- rickeon (R-NJj said today he won't vote to censure Sen. McCarthy (R- Wis) on a charge that McCarthy denounced him in "vulgar and insulting" language. If that point is presented the the Senat^ for a roll call vote, Hend- riekfion said in an Interview, "I will vote 'present' on it." Hendrtckfion declined to wy how he will vote on the other points of the cenxure chargM againit McCarthy. . take testimony from FTC Chairman Edward T. Howrcy, and O\K- lavo Lobo Jr.. president of the Exchange. The hearings will run two or three days. Beall has said repeatedly he believes price rises which boosted coffee to $1.15 or more a pound last spring have been forced by manipulation. Thorough Probe Asked The Exchange's vice president, Leon Israel, voiced hope the Senate inquiry and other Investigations "will go Into this matter thoroughly so that we can refute the FTC allegations in detail." "We deny the latest charges of PTC as we have denied other unfair and inaccurate charges against' the Exchange In the past," Israel said In a statement taaucd In New York. "Furthermore, we welcome any fair and Impartial Investigation of the trading practices on the Exchange. Obituary W. A. Thompson Rites Tomorrow Services for W. A. Thompson of Blythevllle, who died at 11 a.m. today at the ChicXasawba Honpltal, will be conducted Wednesday at 2 p.m. at Holt Funeral Home Chapel. Other arrangements were Incomplete at noon today. Mr. Thompson, 11, has lived in Blythevllle for the past 40 years and \m an engineer at the Blythevllle Laundry before becoming 111 about a year ago. He wns in the hospital for a week before his death. He ifi survived by a daughter. Miss Lola Thompson, with whom he made his home In Blythevllle; five sisters. Mrs. W. L. Payne, Mrs. W. W. Chilcult and Mrs. Alton LoveLte, all of Cuchannan, Tcnn., Mrs. B. 5. Hall of TIptonvllle, Ttnn., and Mrs. L. B Thompson of Birmingham, Ala.; and a brother Charles Thompson of Nashville, Tenn. $32,000 Paid Out in Missco That's Social Security Payment for December A total of $32,320 was paid to some 1,033 persons in Mississippi County under the .Social Security proRnvm last December, according to a tabulation mnde by the Department of Health, Education and Welfare. There are In Arkansas Tome 52,000 persons receiving monthly pay- tnonU under the federal old-age mid survivors Insurance program totaling $20.002,000. Bulk of the recipients are those persons over 05 receiving old age pt.'Mfiion checks monthly. Mississippi County had 400 In this category as Dtmnltl L. Rogers, counsel to the com , mrot i to 26,280 in Arkansas last Senate subcommittee, said the In- December. The remainder are sur- qulry will probably cover many of v i,. or j_ children, willows and par- tile charges made by the FTC. cnts who recc i vc payment* upon He .said the subcommittee's main , ( | CIl[h of nn |,, surcd breadwinner, objectives include: ] ™ 1. To bring the Coffee and SilRiir Exchange under federal regulation by the Commodity Exchange Authority, a move the Coffee and Sugar Exchange has resisted. Trading on cotton and grain exchanges Is now regulated. 2. Encourage more coffpe production in Puerto Rico, Hawaii, Ethi- opift nnr] Liberia. About half ot all the coffee consumed ts produced by Brazil. 3. Ecnourage the establishment of some agency to provide reliable information on world coffee supplies, as one protection against unwarranted price rises. The Senate twice this year voted to place the Coffee and Sugar Ex- cVmntie under federal regulation, but the House rejected each ef- WILSON Chicago Flood Crisis Reduced; Cleanup Rushed Thousands Driven From Homes; Damage Set at $15 Million CHICAGO W> — There was a speedup in cleanup operations to- loday from the city's rost rainstorm of the century and the flood rlsls appeared diminishing. No heavy rains were forecast today after a weekend of torrential rains measuring nearly 7 inches. But much of the city's business and Industrial activities were curtailed. Damage from the floods, which drove thousands from their homes In the city and suburbs, was estimated at 15 million dollars. An estimated 100,000 persons were made idle yesterday as a result of the flood. Power plants which were knocked out virtually halted operations at nearly a score oi nlr; Industrial plants. Indiana Still Critical Other Uiou.'.ands were kept from jobs by dnniHKC to .business build- IIIK.H and factories, flooded homes and transportation problems. Payroll losses adtied to the property damage. Although Chicago's flood threat appeared casing, a critical flood danger continued in nearby northern Indiana communities. Heavy rain fell In the Hammond area during the night and hundreds of persons wor« driven from their homes by the flooding Little Calumet River. About 1,000 families already have been evacuates from sections of South Hammond, Highland, Mun- slr-r and Whiting. National Guardsmen were moved into the flood-stricken area after Mayor Vernon Anderson declared a state of emergency in Hammond. The Red Cross said lloodwaters extended over some 700 homes in South Hammond and 150 in both Minister and Highland. Osceolan Is In Honor Guard Pfc. Curtis Orbln of Qsceala Is one of tlie ten Arkansas men who nrc returning to the United Slntcs 1 ,000-mnn honor Second Infantry purl of the t'scorUiiR colors from Koren to Ft. Lewis, Wash., the outfit's now home. (Continued rrom Pnpe 1) son's remark were Son. Olin D. Johason (D-SC), Sen, Homer Ferguson (R-Mlch). Ferguson's Democratic opponent in the November KfMintorffll election. Patrick V, Mc- Niimnru, nncl Clifford P. Cnse, New Jersey Republican .senatorial candidate. Another comment that spurred Rcuthcr to send the strongly worded telegram wns Wilson's statement that he expected employment In Mlchlfian to "balance it-self out by C'hrlstma.s as new models ffet Into production 'nnd maybe n few workers would go bnck South when it gots n little cold." Ferguson, addressing n Republican rally In Grand Rapids, Mich., Inst night, took exception to Wilson's remark. "I would not myself in the some way—as Wilson—about unemployment," he said, adding: "I realize this (unemployment) be beyond the control ot nny Individual. Any unemployment Is a calamity to the man. his family, his city, state, and the nation." U.S. Hasn't Rejected Soviet Plan UNITED NATIONS, N.Y. Ifl — The United States said today the at Soviet proposals on disarmament appear to open an avenue or further dlscassion and "we definitely do not reject them." The U.S. position was Amb. James J. Wadsworth In the General Assembly's 60-natlon political committee. Wadsworth said the Soviet pro. posah still leave many obstacles :o be overcome, but added: "We are still hopeful that these Soviet proposals represent an Important step In the direction of an agreed disarmament program. They must, however, be clarified and elaborated. Large segments of the disarmament program are not touched at all In these proposals." Wadsworth said the United States would be ready to support re-activation In the five-member disarmament subcommittee which held secret talks In London last spring in an unsuccessful attempt to resolve the disarmament deadlock. October's First Polio Case Son Of Cotton Picker Mississippi County's first case of polio this month was reported this morning by the Mississippi County Health Unit here. Carson Smith, 11-year-old son of Mrs. Zadle Smith, was taken to University Hospital in Lltle Rock Salurtlrey after having been diagnosed us n polio patient. Health Unit officials stated that the child's home was given as Boston, Ark., In Nevada County. The Smith family is picking cotton on i\ farm neivr Luxora. The State Health Department announced yesterday that 12 new cases of polio were reported over Ihe state last week, brlnn to 300 the number ot cases in Arkansas so far this year. Courts COMMON 1'I.F.AS— EllRcnc Still, rt/b.'R Still Motor Co. vs. Wesley L. Thomas, cl/b/a Thomas Mfg. Co., $0% debt. Q range Q garbage disposer p relrigBrator [J sewing machint Q shavnr Q television p loasloi Q vacuum cltBnor Q beating pad Q health lamp Q waler healer cc/i how many of these electric appliances you have. How far ahead of Edison are you ? Just 75 years ago, Thomns A. Edifon created the first practical electric light bulb. It KHS a feeble thing and A luxury at first. Who could have guessed then how many ways you'd be using electricity today—to save time and effort, to make living more pleasant. You're putting more new electrical ' "servants" to work year after year. That • means you're going to need itill more.- electricity. The nation's electric light and power companies are building for that additional electric power you'll want. By 1965, consumer* will be using twice a* much u they do today. No mailer how far ahead of Edison you flre —today or tomorrow — you'll have all the low-price electricity you want. Electric light and power companies —like thii one —will continue to provide plenty for home, farm. btmne&B and industry. That's why there's no heed for the federal government to increase the public debt by building more unnecessary power projects. Save Sunday Night, October 24 lor a tfltvlslon Irtat—» tour-nclwork, two- hour LIGHT'S DIAMOND JUBILEE pro- Uram, prcstnttd by the nation 1 ! electric In- rluitrj. Produced by Dnvld O. Selinlck. It will be the biffMt TV show of '54! The date— October 24. The lime—S to 10 P.M. (C.S.T.) on your favorite CBS, ABC, NBC or Dumonl •tatlon. UCHl IllR IRUDOM row* i OR riocus Ark-Mo Power Co. Smothermon Is New Cadet James Patrick. Smothermon, 19, son of Mr. and Mrs. J. N. Smothermon of Blythevllle, Route 1, Is receiving basic training at Lackland Air Force Base, Tex., after having qualified for aviation cadet training in the Air Force. On completion of basic trainlni he will attend pre-fllght phase of pilot training. President to Make Important Farm Speech Friday Night DENVER '*—An Important congressional campaign Issue—the administration's controversial farm program—will be the thema of a major address by President Elsen- hower In Indianapolis Friday night. The Denver White House late yesterday gave newsmen details about the President's plans for the speech and insisted—over and over again—It will be "nonpartisan" and "will not be an appeal for election of Republican candidates" for Congress. But Asst. Press Secretary Muray Snyder also declared the Republican party "very probably" would purchase television and radio time to get Eisenhower's views on the farm program before as many American voters as possible. GOP leaders in the Midwestern farm belt area reportedly have been urging the President to make a major address in that area in an effort to spur the Republican drive to keep control of congress in the Nov. 2 elections. But Snyder repeatedly—and with explanation—soft-pedaled the Inevitable political aspects of Eisenhower's Indianapolis farm speech, although he did say the adminls-' (ration's farm program Is a campaign issue. He announced the address at the Butler University fleldhouse will be sponsored by the National Institute of Animal Agriculture, and added that the organization describes itself as nonpartisan. The administration program, approved by Congress at the last session, provides for a shift from rigid 90 per cent of parity price support of basic commodities to a system of flexible supports. FRENCH (Continued from Page 1) him a solid mandate to continue negotiations with the other Western Powers later this month when the nine foreign ministers meet here to fill in details of the London a* cords. The Premier still can encounter rough seas when he submits a final treaty text for ratification by th» Assembly, possibly before the en* of the year. Mcndcs-France is under strong pressure to tighten up the defense arrangements to prevent the re. emergence of an autonomous Greman gneral staff and German army. HURRICANE (Continued from Page 1) ricane to some extent but it is expected to reform and regain its power over the waters of thf Wind ward Passage. The Cuban mountains also will interfere with th« whirling movement of the storm. Massive seas were churned up b% the hurricane and ships at sea turned out of its path. High School and attended the University of Arkansas for the past year, majoring in business admin- He Is a graduate of Blytheville Istration. Henderson Seed Co. Now Open For Business in their new office with new scales. Adequate facilities for handling your soybean crop in a prompt and efficient manner. Market prices paid for soybeans at all times. Henderson Seed Co. Distributors of Pedigreed 1-A Cotton Seed Ph. 2-2860 Highway 61 S. Motorists here's proof: New super-refined gasoline solves todays No.l engine problem t Now-Gulf refines out the "dirty-burning tail-end" of gasoline-the No. 1 troublemaker in high-compression engines. Result: a cleaner-burning super-fuel that gives you thousands of extra miles of full engine power... free from knock or pre-ignition. K I DIRTY-BURNING TAIL-END" OF GASOLINE CONVENTIONAL GASOLINE NEW SL1PER- REFINED GULF NO-NOX Gulf takes out (he cupful of trouble. Ordinary gasoline burning tail-end"—more than a cupful (center) from every (left) contains a "dirty-burning tail-end" that forms trouble- gallon—to bring you a super-refined gasoline (right) that making deposits. Gulf lakes out this carbon forming "dirty- offers more power-with-protection than you've ever known. . This lamp is burning trie Sy: "DIRTY-BURNING TAH-END"of gasoline which GULT refines aitf Triit lamp a burning NEW SUPER-REFINED OULF NO-NOX,1ue cleaner-burning super-fuel 2 Lamp demonstration: Instead of trying to fight harmful deposits wilh so-called "miracle additives"—inside your engine —Gulf believes in preventing them from forming in the first place; removes the cause—the "dirty-burning tail-end"—at the refinery. Just look at the plates in the unretouched photo above and see what a difference Gulf super-refining makes! Whst's more, besides giving your en- %memorecompleteprolection,r\ev,'Super- Refined Gulf NO-NOXgivesyoue.vrra £<7.s mileage in the short-trip, stop-and-go driving motorists do most... no knock, no prc-ignilion... instant starts and/osf, fuel-saving warm-up. COMPLETELY NEW! SUPER-REFINED New Gulf No-Nox THE HIGH-EFFICIENCY GASOLINE

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