The Courier News from Blytheville, Arkansas on October 18, 1954 · Page 12
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The Courier News from Blytheville, Arkansas · Page 12

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Blytheville, Arkansas
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Monday, October 18, 1954
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Page 12
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BLYTHEVILLB (ARK.) OOUKIBR Showdown Nears In US-South Korea Economic Dispute SEOUL (AP) — A showdown noared today on the continuing dispute between the United States and South Korea on the 700-million-dollar U. S. economic and military aid program for that country. Commodity And Stock Markets- New York Cotton (12:3« quotations) Open Jlil'h Low Close Deo .... 3«2 S«2 M65 Mch 3506 3506 3500 May 3526 3526 3518 July 3520 3520 3510 3W1| 3500 351!) 3511 New Orleans Cotton Dec. Men. May July Open HiRh Low Close 3411 3412 3465 3460 3505 3506 3500 3500 3524 3526 3526 3521 3516 3518 3510 3511 Chicago Soybeans Nor ... 275% 276?i 272V4 Jan ... 215 2W/4 215 Mch ... 280 281 218% May ... 280 281% 260 Chkogo Corn Deo ... 154 Vt 154?i 153% 158 158% 151% Men Chicago Wheat 216'A 218'/h 216V1, 220% 218% Deo Mch 219 New York Stocks A T and T Amer Tobacco Anaconda Copper Beth Steel Chrysler . ... Coca-Cola . Gen Electric Gen Motors Montgomery Ward — N Y Central Int Harvester Republic Steel Radio . Socoay Vacuum .. Stude-Pack Standard of N J . Texas Corp Sears TJ S Steel Sou Pac Gen. John E. Hull, U.S. Far Bust commander, was reported ready lo fly to Seoul to lay a imckuKC aid bill before South Korean Preslden: Synimian Rhee on a "take It or leave- it" basis. Sources here .said Hull has given Rhee si memorandum listing sev- I cral demands thai must be met before (he aid program for the 1954-55 fiscal year can start moving. The demands include: 1 The Koreans must establish a realistic exchange rale between the Korean money i the hwani and the dollar. 2. They must supply the Uniied States with information on dollar holdings m Ihe Korean treasury- i 3. They must reach a .settlement I on areas of procurement—obvious| ly in relation to trade with Japan. 4. They must make positive moves to combat inflation. The present leual exchange rate between Hie hwan and Ihe dollar is 180-1. The black market rate is COO to 800-1. The Uniied States wants nl least 254-1. The South Koreans want H to remain at 180. Stopped Selling Hwan Becan.se of the deadlock on the e x c h a n y e rate, South Korea stopped .selling hwan to the U.S. forces Oct. 1. The 8th Army says it is unable to pay some 100.000 Korean employes because of the culofl. Involved In the dispute is the delivery of U.S. gasoline supplies to the South Koreans. nOK officials .say the Americans are shutting off the supplies, causing tt threat of "economic chaos." "Sheer Nonsense" An American diplomatic official said the Korean contention is "sheer nonsense." and declared they bungled In ostiinaUiiB their needs. Aulhorii-.alions for new uas- oline and oil shlpmenl.s. he said, are being processed in WashlnRton. Under orders -troni Gen. Hull, the U.S. 8th Army offered to sell petroleum supplies to a semiuov- 61 3-4 j crnmental corporalioli for resale 33 1-Bl to the public. Obituary DESTItOVKI) IIOMK — This home in Wcston, Ontario, a suburb of Toronto, was destroyed by the last punch of hurricane Hazel. The j storm caused widespread damage in the Toronto area, with flood j waters forcing many to leave their homes. (Al' Wlrcphnlo) James R. Martin Services Today Services for James Ruben Martin, 62, were to be conducted at 2 p m today in the Cobb Funeral Home Chapel by the. Rev. J. H. Richardson. Burial was In Dogwood Cemetery. Mr. Martin died at the Chickasawba Hospital early yesterday following an illness of two years. Born in Tennessee, Mr. Martin came to Blytheville 22 years ago from Savannah, Tenn. He is survived by his wife, Mrs. Ida Martin; three sons, Robert Martin of Kansas City, Mo., Leonard Martin and Harbet Martin, both of Blytheville; one daughter, Mrs. Gertrude Bourland of CMciiKo: two sisters, Mrs. M. 1. Slutts of Manila and Mrs. C. W. Prentice of Delaplainc, Ark.; 13 grandchildren and one great grandchild. 272 li, 216',:, 219 153 : > 151-! 220% . 1TO 1-4 59 1-4 41 1-2 18 65 7-8 101 1-4 11 'J-4 II) 46 3-4 12 5-8 98 5-8 18 3-4 11 3-4 51 3-1 46 The still' to the official Korea- Agency wilt be made inilially at Iho hwnn-clollnr rate of 310-1," a .spukrsmnn lor Hull .said. Prime Minister Pyun Yung Tai declined to U'll iv news conference what Ihc ROKs will do about Hull's offer. Oilier ROK officials were equally reticent. Livestock ____ NATIONAL STOCKYARDS. 111. I Un — (USDA) — Hogs 14,51)0; our- j heifers and mixed yearlings weak rows and gilts 180 Ib up 15 lojto M or more lower; cows opened mostly 25 lower than Friday, laic; weak lo :!5 lower; bulls aiicl veal- trade fully 25 off; lighter weights | crs unchaiwed: few average choice unchanged; sows 25 lower; boars ! steers '.M. 50-25.00; few good 1!0. mislead}': bulk 180-260 In 1H. 50-115, In- i 52. SO; good and choice hvltrvs nral eluding sizable sprinlklng choice I mixed yearlings Hl.M-lM nil: utility No. 1 and 2 18.85; choice 150-170 and commercial cow.'. 9.50-12.50; Ib 18.50-15; few HO Ib up to 19.00 1 canncr and culler cows fi 50-11.00; early; 120-140 Ib 17. 75-18. 25; bulk utility and commercial bulls 11.00- sows under 400 Ib n.25-15; hcnvicv 13.00 : ctuuicr nml cutter bulls 8.00 kinds 15.50-16.15: a few down to 15.25; boars unchanged 11.00-15.00, Cattle 8.500, calves 2.000; early; prime 23,00 trading slow; few stee - ibout U H >od u steady with last weeks ciosi 18 Oil 10 (10 10.50; good and choicf 18.00-22.110; lcrs choice and imincrciiil lo 00-17.00; culls AP&L Rate Increase Request Goes Before State PSC Today LITTLE ROCK I/I 1 } — Arkansas Power Si Lluht Co. today opened its bill lor a $3,000.000 annual rate increase in a public hearing before the Arkansas Public Service Commission. The company is asking the rale boost, accordion to Board Chairman C. Hamilton Moses and President. R. E. Ritchie, to meet Increased investment costs, higher npi'i-»MiiK expenses and an "unbelievable" climb In taxes and wafics. AP&L already is collecting the increase, under bond po.sled with the PSC to suaramee refunds to customers if the PSC disapproves or rednci?s the boost. After the utility requested the increase lasl May. the issue became a political football in the hoi. Democratic mibernatorial primary campaign in which Orval Faubils defeated Gov. Francis Cherry. Faiibus openly opposed the in- erea.se and Cherry argued that he \ could do nothing to stop it. | A group of Arkansas cities and Arkansas Atty. Gen. Tom Gentry have Intervened to oppose the high- | er rates. Gentry is representing I state institutions and "the people j of Arkansas." Voters 'Support' East Berlin Reds CHURCHILL Continued from Page 1 Lloyd-George, 59. Osbert Peake, 57, minister of pensioas and national insurance, lie already held the post, but the shakeup gives him Cabinet rank. Pour ministers who desired to return to private life resigned. They were: Alexander, 62-year-old wartime field marshal, who quit the defense post; Lord Simonds, 72, lord chancellor; Sir Leionel Heald, 57, attorney general; Miss Florence Horsbrough, 63, minister of education. Nehru, M/n/i Discuss Indochina HANOI, Viet Nam Ml — Prime Minister Jawaharlal Nehru of India and Vletmlnh President Ho Clii Minli discussed the Indochina situation here last night, shortly after Nehru's arrival for an 13-hour stopover while enrqute to Peiping, capital of Communist China. , Nehru's, visit came barely a weeK after the Vietminh took over Hanoi from the French under the Geneva armistice agreement. The Moscow- trained Ho, who led the Vietminh regime in its eight-year war with the French, entered Hanoi Saturday. Ho and Nehru embraced warmly when they met. They conferred for an hour and a half after a full-dress dinner at the presidential palace. Before the meeting Nehru told newsmen, "We have no particular questions to discuss but I certainly would like to find out his outlook on Southeast Asia and his own country- These points are of great interest to me. India is very anxious that peaceful settlements should be arrived at in this part of the world." Mitt Sweft Honored On 25th Anniversary With Firm Hers Miss Vlrona E. Swell has been awarded a wateh by S. ,H. Kress Company in recognition of her MONDAY, OCTOBER M, MM 25 years' •mployment wittj th* store here. The award was made by B. a, Heed, manager of the BlyUxvilk store. Read Courier Newi ClaM«i«d Adi. GOP Continued from Page 1 ing a lust-minute smear campaign by Case's enemies. Case's Democratic opponent is Kep. Charles R. Howell. Stringfellow is opposed by former Democratic Rep. Walter K. Granger. Except for parrots and vultures, wild geese live longer than any other birds. Their life span sometimes is 70 years. Will Do Best We Con at Paris, Dulles Declares WASHINGTON </l'i—Secretary of State Dulles said at the White House today the United State.s "will just, do (.he best, we fan" in new conferences in Paris on German rearmament, Dili IPS commented after an hour- li.iiK breakfast session with 1'resi- dent Eisenhower, He wild it \vns hi* first, chance to talk things ovt-r Hilly will i (he- President for .sonic Mine. Th Keeretar.v of slate leaves Cor 1'iii'is tomorrow for ticklish negotiations mined ut workim; mil move precisely the general agreement on Germ nil rearm nineni reached recently in London. Dulles wns uskeci if he is optimist ie. tihwit the !';ms uu-t'Uuu, "I'm not Koinu into this optimism business," he rcplli-tl. "We will just tin the be.st we enn." BtfRLIN 1.11 — The East German Kuvrrnmcnt announced today that! EI9.3 per cent, of the voters in yes-1 trrday's purlinmenUry election i supported the unopposed National ! Front ticket of Communist ctincli-1 dates and their collaborators. The Kovermiment radio said 11,-j UftO.817 out of 12,086,987 eligible | voters went to the polls, a turnout i of JfH.'i per cent. Of those voting, ! Hie radio annmincnii, 11,801,497 ' cast, their ballots for the single, Red dominated slntc of candidates; for -100 seats in parliament. j Tlic broadcast announced ' 82,3120 ; invalid votes or votes; against the National Front but (ailed lo explain i how (he 0.7 per cent opposition \ biillots could ho cast. The ballots; provided no space for marking. "yi-s" or "no" or for write-in can-[ didalcs. A voter only dropped an; unmarkoil ballot in the box. j Negro Deaths Roberta Knowles [•'uneral services for Robert Know- h\s will be i-oiHlucled ill 2 p. m. Sim- day at First. Baptist Church on Cleveland St.. by Rev. T. 1-1. llny- \vuod. pa.stt^r assisted by R«'v. T. J. lirrcn and Rev. \V. J. Dunr.m oi Khe died yesli'rday at Walls Hospital fnllowins; a short illness. KiiMiTii Hlar rites will l)i' (jiveli hy U» Cinldcn Onte Chapter No 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 Bobshaw 1-A Pedigreed Cotton Seed Ph. 2-2860 Highway 61 S. HELP FOR THE WOMAN ALCOHOLIC If you honestly and sincerely want to stop drinking, ths message is for you. It is for for you becaus* it tells how other women who once thought they could never escape alcohol now lead happy, useful lives without alcohol. You too, can find the help that will enable you to stop drinking and Ret more out of living than you ever thought possible. The women in AA are young, middle aged or older. Some have costly educations, others have only the essentials of a formal education. Some of the women have lived all their lives against a background of wealth and social prestige, others have known real poverty. All these women have two things in common. They had a drinking roblem. They came to the point where excessive drinking had made their lives miserable for themselves and others. The second thing these women have in common is that they have found a new way of life, without alcohol, through the simple program of Alcoholics Anonymous. It is not always easy lo admit that you are an alcoholic. This obstacle is undoubtedly greater for women than for men. Society is inclined lo be tolerant of the male drunk, but the woman who has messed up her life through drinking is not likely to find the same degree of sympathy from her family, friends or business associates. These women made a discovery of a new attitude toward alcoholism—an attitude that says alcoholism is not a moral problem not a question of lack of character or wil Ipower. The new attitude is thai alcoholism is a health problem; il is an illness or a disease lhat can be arrested. If you have a drinking problem and would like to do something about it write or contact: ALCOHOLICS ANONYMOUS Box 873 Blytheville, Ark. Closed Meetings Tuesday Nights at 8 p. m. Open Meetings Friday Nights at 8 p. m. CLUB ROOM at 410 E. MAIN Two Cars Collide I One \vnvk i'C])(irt. survivors Include her hiisbund. I'lev. .1. \V. Kniiwlr.^ of RhMicvillo: nnide by |1V1 . M .,| rl . s nunitl'iy llowrrs of El jCily Police over Ihe weekend. jcvtitro, Ciihl,. Bealiriei- Johnson of E. S. Mays ol Blythevilli' mill K S. ; Iills A ii!;eles. Calif.. Ida O'.N'enl of Jnckson ol Manila weir involved 111 | c; m .|iwi«xl Miss.. Mapme Blake of n iraltie nn-iilent. nt HUH WeM Mam I g, m |i ( nver 'Miss., and Oleua Hcesc Saturday afternoon cau.sint; sonic damage lo both vehicles. No injuries to persons in the cnr.*- were reported. ? J Die in Wreck RANGOON. Burma i/n—A train and a truck collided at n crossing near IV^n toddy, killing 11 persons The U'Ui'k \vns vt\vvyii\i; 5U jMliiriius to Ihe Buddhist pimndii at IVf-ii. FIRST IN LINE—Charles B Brush, M, right, the first Negro to be a Supreme Court page and first to attend the Capitol Pago School, reports for work in Washington, D. C. He is shown outside the court building with head page Vance Morrison. i Plastic Naval Test BAY CITY, Mich. tf> - Navy experts believe ships with pl;istic bulls may be used as mi tie-sweepers, just as effective and probably less expensive than the ;ill-\vood sweepers now ill ope rut inn. It has contracted for construction here of a 57-loot atl-plas!ie ship. Except for small aluminum joints and two uoum;M;neUc 4,000 - power hovse power engines the ship will be entirely of plasitc. Its designers hope it will he able j to sail through iniiie-iiui'stecj \vn- I tors, without settini; off the deadly niiiLVnetir devices which sank or damaged many ships in World War II. ome is in charge. BLYTHEVILLE TUESDAY « f| OCT 19 FAIRGROUNDS AuspiiT.s Junior Clumber Cuinmert'c For Your COURIER NEWS in CARUTHERSVILLE See or Call ROBERT JOHNSON Phone 496-W 705 Laurant THIS T £ E BIG SHOW BRIMMING OVER WITH INNOVATIONS, WONDROUS SURPRISES & A MYRIAD Of UNPRECEDENTED FEATURES FROM ALL STRANGE LANDS Tin T>«'> •»< Holld.y II th« utnnl ol Kllt( Br*»- CJrcu*. MM«|> ol r«» pl« r«v«l in the Mtrrtntnt Mid Wbv^«nt« Fun •I thU YMIV <~l OKI Irom F*r and Nur lain N«nJ. t* C«lebr»t« IMl HOPPtCST or Honours. 600—PEOPLE—600 150 PERFORMERS 250 WILD ANIMALS, INCLUDES A GIRAFFE AND HIPPOPOTAMUS 15— ELEPHANTS—H SOOO—SEATS—5OM $7,400 DAILY UPWS Jl,700,000 INVESIH ADULTS $1.18 • CHILDREN 55c AU ntuni run TAX KKSKKVK AMI MI1IISSION TICKETS ox SAI.I: enters HAY Owens lto\all Drue Slore .10(1 \V. .Main SI rrt'l The trend continues toward more 'casual clothes for town as well as country. Here is a hat with a carefree ak tliat will do a lot for both your spirits and your looks. imported from Britain REGENCY WORSTEDS WITH BALANCED TAILORING® BY TIMELY® CLOTHES Choice examples of British weaving at its best, combined with Balanced Tailoring— the American scwmanship that makes the most of them. Choose yours today. See the Many Other Smart New Fail Fabrics by Timely From '65°° "Where the Man Who Knows — Buy* His Clothet" R. D.HUGHES CO.

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