The Courier News from Blytheville, Arkansas on December 22, 1955 · Page 5
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The Courier News from Blytheville, Arkansas · Page 5

Blytheville, Arkansas
Issue Date:
Thursday, December 22, 1955
Page 5
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THUMDAT, DECEMBER tt, 1»M BLYTHEVILLE (ARK.) COURIER NEWS PAGE FIV1 Not Enough Ford Stock to Go Around, Observers Predict NEW YORK (AP) — The fact that 10,200,000 shares of Ford Motor Co. stock will be sold next month instead of the seven million originally planned will ease the strain of trying to meet demand, but there still won't be enough to go around, Wall Street observers predicted today. UNIFORML. NtAi — -...* J. the new uniionn the nation', leuer. carnets will be v^drui; next year. Styling w<is ucMgiiec for greater functional euicieiicj ShirU will be blue luaiead oi gray, and ties will be maroor, instead of, blaci:. Trim wi.» alsi be maroon Suouluc.' msignt is designed Irom tiie oindal Pos' Office Department insign: Negro Deaths Henry Armour Services for Henry Armour, 65, who died at his farm home at West Hermondale Sunday morning will be conducted at 1 p.m. tomorrow at Shady Grove Baptist Church Burial will be in OaK Orove Cemetery with Gaston Funeral Home in charge. Survivors include his wife, Cora Armour; and lour sons, Ollie Armour of Hermondale, A. L. and Joseph Armour of Gary, Ind., and Benjamin Armour of Michigan City, Ind: Merchandise Mart DETROIT «P) — Richard Collen and his father, Sam have announced plans to convert a seven-story downtown warehouse Into a million- dollar merchandise mart, making Detroit the third city in the country to have such a mart. New York and Chicago also have such marts. Waterloo Station. London, handles 664 trains daily. THEATRE On \V. Main St. In Blytheville ' Phone 3-46^1 Weekdays Show Starts 7:01 p.m. - Sat. & Sun. 1:00 p.m The Finest in Cinemascope Presented in High-Fidelity Optical Sound! THURSDAY & FRIDAY Double Feature "Conquerors of Space" With All Star Cast — AND — 'Battleground 11 With Van Johnson ALSO CARTOON They reported that the filing of the registration statement with the Securities Si Exchange Commission yesterday stirred up new interest among investors. As a result, many more people tried to place orders for shares. .Tan, 18 has been set as the tentative date for offering the shares. If you have ordered shares, your broker will try to fill your order — provided he has enough to do so. Ii he finds he can't take care of all business, he will'allot Ws quota. When the '0,200,000 shares have been sold, the stock will start trad- Ing In the over-the-counter market. Since a quick oversubscription is expected, such trading could begin the same dnv the shares are sold. Will Find Own Level Once trading starts, the shares will fmd their own price level. If there is a big unsatisfied demand for them, the price could go up. On the other hand, if the price doesn't rise much, speculators looking for a quick profit may decide to get out. The over-the-counter market is maintained by brokers buying and selling for their own account or as brokers for others. Securities traded over the counter usually are those not listed on any exchange- It's expected that,around March 1, the shans will be admitted to trading on the New York Stock Exchange. Normally, a stock opens on the "big board" at around the same price level it was selling tor in the over-'he-counter market. Can't Take Orders Yet Actually, brokers can't take Orders yet. All they ^an v 1 is note that an individual wants to buy some shares when they go on sale. Speculation ran high In Wall Street todiy on thj price of the shares and the probable dividend The price won't be set until shortly before the shares are off'red for sale. Some market analysts contended that a price of $T5 — a figure frequently heard — would be on the high side. Their guesses ranged between $60 and $10, but it was noted that more of them looked for a price in the upper 60s than was the case before the facts and figures on the Ford empire were revealed for the first time yesterday. As for the dividend, all Ford has said is that a 60-cent payment will be made in the first quarter of 1956. After that, the size of the dividend will depend upon "conditions." Snow a Blessing On Moving Day BOZEMAN, Mont. (#,—When the Bozeman Daily Chronicle started its move to new quarters, a heavy snow threatened to stall the transfer of bulky linotypes and other equipment. But publisher G. Nicholas Ifft III says the snow was a blessing in disguise. The linotypes were loaded on broad wooden runners and sledded easily and quickly to the new building. Each child born in Hungary receives an official number, which Is entered on all official documents referring to him, from birth certificate onward- Commodity And Stock Markets— New York Cotton (U:M tuoMUom) Mar 3391 3394 3389 3390 May 3305 3307 3299 3299 July 31T7 3177 3165 3165 Oct 3005 3013 2998 3011 New Orleans Cotton Mar 3395 3397 .3394 3396 May 3310 3310 3297 3298 July 3176 3176 3165 3174 Oct 3007 3013 3000 3013 Chicago Wheat Mar .. . 208V, 208!i 207 3 '; 208 May .... 204% 204% 203% 204'/ s Chicago Corn Mar .... 130'/ 4 ISO'/, 129% 129% May .... l33Vt 133Ji 132y s 132% Chicago Soybeans Jan .... 239^ 239!'2 239 239'/ 4 ar 242'/, 243 242'/ 4 242'/ 2 ay 243 243y 4 243'/i 242% July .... 239'i 239% 239 ! / 4 239% New York Stocks A T and T 179 1-4 Amer Tobacco 79 1-2 Anaconda Copper 715-8 Beth Steel | 164 1-4 Chrysler x Coca-Cola I 27 I- 8 General Electric 56 Gen Motors . 4' Montgomery Ward . ...... 95 3-8 N Y Central 451-8 Int Harvester 36 5-d Southern Pacific 563-4 Republic Steel 49 1-2 Radio . .: 461-6 Socony Vacuum 64 Studebaker . ... 10 5-8 Standard of N J 153 1-2 Texas Corp ! 18 1-2 Sears 363-8 U S Steel =8 1-8 Livestock NATIONAL STOCKARDS, 111., i.fl—(USDAl—Hogs 8.500; higher; bulk mixed U. S. 1, 2 and 3 180-230 Ib 11.25-12.00; several hundred head uniform under 215 Ib or 1 and 2 grade 190-220 Ib 12.25; about 200 head around 200-220 Ib 12.50; mixed grade 230-270 Ib 10.25-11.50; few 11.75; 270-310 Ib 9.50-10.50 140-170 Ib 11.00-50; SOWS 450 Ib down 8.759.25; few 9.50; heavier sows 8.2550; boars over 250 Ib 5.50-6.50; lighter weights to 7.50. Cattle 1,300; calves 500; steady, commercial and good steers and heifers 14.00-16.50; high good and choice 17.50-19.00; cows utility and commercial 10.00-11.50 a few 12.00, canners and cutters mainly 7.5010.00; bulls utility and commercial 9.00-11.50; vealers good and choice 12.00-14.00; canners and cutters 21.00-27.00; high choice and prime Individuals 28.00-31.00 Commercial and good 15.00-21.00. fagged Thief MADISON, Wis. IP) — Madison police are looking for a burglar who is very rugged or else has a broken leg. A thief entered a Madison grocery store in the nighttime through a high window and then dropped 16 feet down a stairwell. When he hit. he broke off a bottom stair. But the burglar still Was in good enough shape to make off through another window with $189 in cash. GIFTS GIFTS GIFTS For the hard to please we have a selection of gifts For every person on your gift list Man, Woman or Child /" , M f P f L-otu Keffon oLenel C/f« ^pice ^Dorothy \J ra f L,anay ^Sopi ipitinq I leeaS II a J4a C^tectric r\ <) // /•fewelite fair lAJatch Obituary PAWS FOR REFRESHMENT—It's hard to see how "Fluffy," the cat, can be too refreshed after grappling with her milk bottle. But the feline, owned by the Frank De Pasquales of Cleveland, Ohio, will soon stop her grappling and settle down comfortably to finish her refreshment. The Pasquales' eight-year-old daughter taught Fluffy to use a bottle. Cotton Meet Is Scheduled For Memphis LITTLE ROCK W}—Cotton producers and Farm Bureau Federation leaders from Arkansas and four other states will meet in Memphis Jan. 6 to discuss a 7 r point program which the American Farm Bureau Federation thinks will improve the cotton business. Farm Bureau presidents from Arkansas, Missouri, Mississippi. Tennessee and Louisiana have been asked to attend the meeting, the Arkansas Farm Bureau Federation announced here yesterday. President Charles B. Shuman and Legislative Director John C- Lynn will represent the national organization. The program, adopted by national Farm Bureau directors at a recent meeting in Chicago, recommends that the government act to reduce the cotton surplus by <n seeking to recapture a "fair share" of the export market, and (2) allowing farmers who cut their acreage below legal allotments to buy surplus cotton at reduced prices. It also would set up a price support, system based on the quality of the crop, stop the increasing importation of cotton goods, and require that aH textiles be labeled as to their fiber content. Box Office Opens 6:45 Show Starts 7:00 p.m. Admission 15c & 35c At All Times LAST TIMES TONIGHT Double Feature rms^lSMY LOVE — AND — "EMOTIONAL WALLOP" A -TIME m raw MIION Pictuit UMTS KIN!' ALSO CARTOON ei Hi-Way Drug has been redecorated and remodeled as a Self-Service Store For Your Shopping Convenience. HI-WAY DRUG rnntli Holder, Rc(. Phuvuicitt * Mir. Charles Broitdon, owner Main at Division . Phone 2-2091 FRIDAY & SATURDAY Double Feature _ AND — U.H. (Continued from Page 1) larly at this delicate stage, should be "strongly condemned," Burns likened the Galilee attack to the Israeli raids on Kibya, Jordan, in October 1953, and Egyptian-held Gaza last February. No Boats Fired At "Such action," he declared, "may well produce violent reaction by the forces of the attacked country and what had been conceived as a limited raid develops into full-scale hostilities." Citing Israel's claim it made the Galilee attack to silence Syrian guns menacing Israeli shipping on the sea, Burns declared: 'No Israeli boat has been fired at since the beginning of the fishing season." Eban told the council Friday Syria was trying to paralyze Israeli use of the Galilean Sea "iusl as it has been Egypt's policy to deny Israel use of internationa" waterways leading to her shores.' Ten oi the 11 council members already have deplored the Israel, attack and made clear they intended to push for a stern rebuke if the Burns report bore Syria's charges. Lake Superior, longest, of the Great Lakes, is 350 miles in length. Longtime Resident Dies At Age 60 Mrs. Cecil Mick Robertson, lifelong resident of Bl.vtheville and daughter of one of the city's earliest pioneers, died of a heart attack at her home on Lake Street yesterday afternoon at four o'clock. Mrs. Robertson, 60, daughter of C. R. Mick, had been in ill health for several months but reportedly had been feeling beter recntly. She was stricken shortly after returning from a shopping trip. Surviving are two sons, J. L. (Sonny) Robertson, Edinburg, Tex., Charles Ralph Robertson, Chino, Calif.; three brothers, J. P. Mick, Eldorado, 111., Winfteld Mick, Blytheville, John Mick of California; two sisters, Mrs. Emma Boder, Ca- ruthersviUc, and Mrs. Beal Powell, also of California. Mrs. Robertson's husband Loren was killed in an automobile accident several years ago. Funeral arrangements from Cobb Funeral Home have not been completed. Vaccine Success Story Is Told NEW YORK Wh—A polio official says the Salk vaccine program in 1955 probably saved 1,200 to 1.3CO children from the disease. Dr. Hart. E. Van Riper, medical director of the National Foundation for Infantile Paralysis, said yesterday the figures were based on a nationwide projection of official reports from 11 states. Foundation statistics showed, he said, that the polio hospital cases among children who received the vaccine—7 and 8-year-olds—dropped much more sharply than among other age groups. He said hospital admissions decreased 52 per cent for 8-year-olds and 40 per cent for 7-year-olds, compared with a 17 per cent decline for the total population. * Tiny Photo Plane Developed VAN NUYS, Calif. UP) — A tiny, radio-controlled photo plane to take aerial survey photos of enemy positions for front-line commanders has been developed by a subsidiary ftrm of Northrop Aircraft, Inc. The 12-foot drone is controlled from the ground by radio wave ana has a .top speed of 227 miles an hour. A parachute system permit* recovery intact. Radioplane Co. said It designed the plane for short-range reconnaissance, but a higher speed and longer range can be provided. Serial "Sea Hound" No. 1 Cartoon "Old Shell Game" CIFT SUGGESTION for the PHOTO-HOBBYIST be sure wi^h^new^ amplex SURE-FIRE PHOTOFLASH bulbs SURE of greater clarity! SURE of freezing fastest action! SURE of better pictures . . .1 indoors and outdoors . . .. every time! SURE of extra lor.^ light peak flash! Illustrated, Popular Ample* £5 All other Bulb Sizes available "CHOICE OF PROFESSIONALS.,. ' A MUST FOR AMATEURS" WEEKEND SPECIAL 12c Each GET YOUR SUPPLY TODAY! GUARD'S JEWELERS Serving Blytheville Since 1908 CIDDAP!—Alex Kerr seems ready for a jaunt through the Ascot.1 England, countryside—on tigcrback. Actually, though, the anjmat tamer is training the tiger for his new circus act. Kerr thinks' . notMn:! of riding tigers, leopards and lions. DANIEL GREEN'S the scuff ++ of the season! A Smartest, best fitting j A you've ever tried. Pliant leatfiar •* on a brand new Kuff" lajf so that " you walk wilh Hie least flippety- 1 flop. Wonderful felt cushion tole makes you fee! ai if you're walking on air. /• f DORMII (om« m Powder Slue, Dart Sht SON 3 SH O E S Cinemascope af Its Best With Stereophonic Sound! Listen to KLCN at 10:10 a.m. and 1 p.m. for RHz & Rozy Program Announcements Mr. and Mrs. G. I. Byrd The Ideal Christmas Gift: "Books of Happiness" THEATRE TICKET BOOKS Now on Sale at Ritz Box Office THURSDAY and FRIDAY Find Your Name in Our Ad and Be Our Guest to See "Adventures of Sadie" "ADVENTURES OF SADIE" Starring: Joan COLLINS & Kenneth MORE PARAMOUNT NEWS & CARTOON

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