The Courier News from Blytheville, Arkansas on December 29, 1955 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

Blytheville, Arkansas
Issue Date:
Thursday, December 29, 1955
Page 2
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PAOITITO BLTOWTTLL1 (AHTf.V COITRTBR NEWS THURSDAY, DECEMBER M, 19M Khrushchev Blasts Ike; Tells of Red H-Bomb Potential (Contimaed, Irom Page 1) pp.rt of this story was dictated was broken by the Soviet censor for five minutes after mention was made of Khrushchev's statement about the H-bomb.) Khrushchev followed Premier Nikolai Bulganin. Both speeches bristled with attacks on "Western colonialism." On the Middle East Khrushchev put forth these contentions: 1 The Baghdad Pact violated the Geneva spirit and was signed almost before the ink on the Geneva agreement was dry. Turkey is "mistakenly linking her fate with the aggressive Baghdad Pact." 2. The Soviet Union sympathizes with the desire • of Arab nations to win and maintain independence. Jordan is the latest example of Western efforts to involve Arabs "in an aggressive military bloc." 3. "Prom the first day of its existence, the State of Israel has been taking a hostile, threatening position toward its neighbors. Imperialists are behind Israel, trying to exploit it against the Arabs for their own benefit." Would Increase Danger Turning to Germany, Khrushchev said the actual existence of two German states must be taken into account if the West sincerely wants European securits'. The Western powers' "position is that the German Democratic Republic should join West Germany and that all its social achievements should be liquidated," he said. He argued that this and the inclusion of a rearmed Germany with the West "would not only fall to guarantee peace and security in Europe but would increase the danger of a new war." He said that while Western policy now prevents German reunification, it does not mean "there is no possibility of guaranteeing European' security." He said the Soviet Union sees no other solution than a system of general European secmity including the United States. "No one will force us to strengthen by our own hand a bloc (NATO) which is directed against the Soviet Union and other peace-loving countries," he added. "Who is undermining the Geneva spirit and who Is supporting it?" he asked. "We do not see what the United States is doing to lessen international tension. ' "Some Western politicans have a strange idea of the Geneva spirit," he said. "They want us to disarm our army and also to disarm morally and politically. Such conditions are unacceptable to u«. The most eager proponents of such unrealistic policy are in Vie United States,.particularly Secretary of State Dulles, who plays a leading role in advocating massive retaliation and other absurdities. "They are even still using such out-of-date language of the policy of the positlon-of-strength as 'forcing the Reds to withdraw.' " He said these people included President Eisenhower, "who spoke a great deal at Geneva of the need to reduce international tension." "Interested In Pursem" He said the Christmas message authors "are not concerned with the saving of souls but with the velfare of their purses." And he declared that none of the expelled capitalists and landowners would be allowed back in their former homelands, Just as Russian capitalists were not allowed to return after the Revolution. He told the delegates the future belongs to Leninist teachings, that the Socialist camp can never be destroyed, and "we shall sweepj out of our way everything that; blocks the construction of com-; munism." [ He reaffirmed his conviction that! in peaceful competition the "superior" Socialist system would even-' tually win over any other. He said history would make this decision,! but. "in our struggle tor commu- \ nism, we will never start an ag. gressive war. The party United States boss accused the of trying to "re-es- Commodity And Stock Markets- New York Cotton (12:3C quotations) Mar 3389 3390 3383 May 3320.3329 3319 July 3182 3189 Oft 3005 3008 6ABSON (Continued from Ptf* ** duringr 1966. These cuts will try to favor all voters slightly; but the largest benefits will go to low-Income groups. 28. The farm problem—concerning higher price parities—will be tho center of most political fights. ae. The cost of HvinK will increase only slightly during 1956. We, however, must not forget what weather can do to. production, prices, and even to the stock market. 30. All the above means that there is now in sight no reason for fur- 3118 3003 tablish capitalism" in the coun- to New Orleans Cotton Mar 3390 3391 3385 May 3323 3331 3322 Khrushchev said the American! J " l v 3'JZ I" 0 which gen-iO" 3007 M1 ° tries of the Soviet bloc. But it is impossible back . history," he declared. Christmas messages, 3m 3001 erally stated the authors were; _ praying for the liberation of the ChicogO Wheat East European, countries, were; Mar 209 209% "incompatible with the Geneva! M ay .... 204'.;, 205 spirit." incitement of passion," he declared, adding leads the Chicago Soybeans Jan .... 239!4 239% 238'4 Mar .... 242'':, 243?i 242 May .... Z43', 2 243'i 242'.i July .... 241l/i 241^ 240!'4 New York Stocks ' th °[: Chicago Corn "I speak about President Eisen-l M"' •••• |?f*» "?J4 hower in such a manner unwill-i May • •• • IJ1 ' 2 Ui '" 1 ingly, because I respect, him so much." Blamed U.S. Khrushchev declared that agreement on disarmament has been "hindered by a nhancr in the position of the United States." He charged that the United j States was not discussing a reduc-, A T and T ...... tion of armaments but was "put-' Amer Tobacco . . ting on the first level only the ' Anaconda Copper proposal of President Eisenhower Beth Steel ....... at the Geneva conference about Chrysler ......... the exchange of aerial pho- Gen Electric ..... tographs." Gen Motors ..... "How does it differ from mill-: Montgomery Ward tary intelligence?" he asked. "It, N y Central ..... differs in no way at all." j int Harvester . ... Bulganin assailed such Western- Republic Steel . . . sponsored defense alliances 'or Radio .......... Asia as SEATO and the Baghdad! studefcaker . Pact as "colonialism in a new form with aggressive 'aims/' The premier also hailed 1955 fisi a "definite turning point in the: relaxation of world tensions" — much of this due to Soviet efforts— 208',, 204'.', 1301. gance, but this la rettina; ft fe r . rible that a revolutionary avlii- tion may be in siffhi. Shopping centers are a partial remedy and will help suburban property. But only 15% yf the people will live in the suburbs in 19M. 33861 12. Cities will condemn old build 3327 j inss and provide thousands ot j ther inflation during 1956. 3ert-ain- 3189 j parking lots in 1956. As this is \ iy, I look for no runaway price 3007! done, city property will again! climb. come back. Until then we see no ... price improvement during 1*M in j COMMODITIES city business property. ' j 31.1 am not, a crop expert, but my 13. Building costs will average; associates' forecast for 1956 is as higher through at least the first j follows: (1> Further acreage reduc- half of 1956. This means that few-! tions tn at will be largely "offset by er new homes may be built next year. 14. With demand falling and money more expensive, speculative builders of new homes will j compare d with the 1955 averages, have to watch their step more closely in 1956 than in any year since the ending of World War II. 15. Duplex dwellings will probably continue in demand through the whole of 1956 if they are well located. The limiting of rents will j probably be totally aboished dur-1 ing 1956. I 16. With the trend of vacancies j showing a tendency to rise, own-1 ers of the newer and more costly apartment buildings will find their! 3390 3331 3190 3010 Otto Kinder Dies In Poplar Bluff Otto Kinder of Poplar Bluff died yesterday morning following a brief Illness, it has been learned .here. He was the brother of Mrs. Dee Mcllwain and Mrs. Herman Wai- pole of Blytheville. Funeral arrangements are incomplete. yields resulting from Inten- ! sified cultivation; (2) expanded I farm subsidies that will mildly bols- i ter crop prices and farm income 12T 131! 239 242 l' t 243 240 34 profit margins squeezed harder in I956 tha " "' * n "" ' "i 1956 ™'-» ! years. time in standard of N J . Texas Corp ...... geiirs ........... u s Steel ....... 70 1-2 163 1-J 87 7-8 55 7-8 46 94 46 36 1-8 .".** "46 7-8 10 3-8 152 118 3-4 35 57 3-8 17. Commercial farms need hot .suffer during 1956. Increased efficiency and new machinery should I slackens. ;12. Although wheat and corn prices depend upon both shifting weather and foreign conditions, for 1956 I forecast moderately higher prices for the major grains, based on increased subsidle* to b* voted by Congress. 33. industrial prices will enter the new year on a high plateau and should be well maintained to possibly firmer during the foreparc of 1956, Later, as business falters, look for selective easing in this group recem ' 34p Steel in 1956 wil1 avera s e high] er in price than for all of this year. ' Do not look for any price cut in ihis key metal, even if business In Savage Gales Pound Britain LONDON WV-SaTage gales with gusts UP to 70 miles an hour lashed the British Isles today, halting j ocean liners and sending little ships hurrying for shelter. Blasting winds across ihe Yorkshire moors overturned a number of trucks and uprooted trees. In Bootleg Lancashire, a. building previously damaged by fire was j blown down, narrowly missing -a ' policeman. Torrential rains caused big traffic tieups in the same county. The liner Empress of France was unable to leave its dock in Liverpool for Canada because of the winds. Municipal Court Pine $50 and costs on a conviction of assault and battery in Municipal Court today was Magnolia William*. Negro. She was charged by Cora Lee Brown with an attack:, not in sell defense. Arreatinfr officer testified that Cora Lee entered a cafe owned by Magnolia early Christmas morning. He said there had been a previous disagreement between the two and that Magnolia hit Cora Lee with a piece of wood. The woman suffered a severe laceration of the forehead. offset price declines. and called anev for outlawing of atomic weapons "including rocket weapons which have been recently developed into weapons of intercontinental power." Jibes at Dulles Khrushchev drew laughter from the delegates with jibes at U. S. Secretary of State Dulles' recent statement tha^ Portugal's territories in India had been Portuguese for 400 years. The United States had been a British colony. Ihe party boss declared, and "if we follow Mr. Dulles' logic, the United States should consider itself as Her Majesty's dominion." Both Kremlin leaders repented their government's sunport—first voiced during their Tri'a visit—of India's claim to the Portuguese territories and to the disputed Himalayan state of Kashmir, which Pakistan also claims. Khrushchev strongly denied that Soviet statements during their tour were meant to stir up conflicts between Western and Asinn nations. "All we did was repeat the well- known facts," he declared. He ridiculed the contention that Britain had left India voluntarily, asserting had the British not pulled out, the people of India v.'ould have expelled them "just as the Chinese people expelled Chiang Kai-shek." Tile party boss also charged that Dulles had "openly stated that Goa should belong to Portugal . . . His .statement on Goa was a disgrace to a civilized government." Governors Urqed To Take Drastic Traffic Measures CHICAGO <&)— The nation's governors have been urged to take drastic, emergency measures to cut the traffic toll over the New Year's weekend. The action was asked yesterday by the National Sufeiy Council in view of the record 609 traffic deaths over the Christmas weekend. The governors were asked to "use every resource at your c.aintnand to step up traffic enforcement in your state over the holiday." The council predicted 420 persons will be killed in traffic mishaps Friday night. Saturday, Sunday and Monday. That would be a record toll for a New Year holiday period. 18. Owners of small scattered farms will suffer during: 1956. They have not the volume or capital to cut their costs to offset the reduced prices Tor their crops. 19. Farmers within ten or fifteen miles of a city can "beat the game" by selling put at the increased prices which their .land will bring for subdivisions. more well-located close-in will become subdivisions during 1956. 20. Taken all in all, the real, estate situation should average only moderately below the good level of 1955. However, activity promises to be less and those who have been holding real estate for speculative! profits might do we" selling. 35. Nonferrous metals in 1956 should move with the Babsonchart Index. High prices in early weeks may be followed by selective weakness. Zinc and lead may be the first to .give a tip-off on the coming downtrend, but copper eventually riding for the greatest fall. 36. Processed and frozen foods should advance only slightly ui price as increased labor costs are Many j offset by new machinery and corn- farm? , petition intensifies. Early firmness in textiles should be followed by some late-year weakness. 37. There will probably be more leisure turing 1956. This should help the entertainment group, including sports, travel—and possibly the petroleum industry. BOYLE , 38. During 1956 I hope that sehoo. to consider, t p ac hers will be paid more money. | But, in order not to have increased | municipal taxes, school committees iS'TERN'.vnOXAL AND POLITICS j must develop some method of eith- 21. Russia will keep out of war! er improving the efficiency of the with us during 1956. f schools, or reducing the time neces- 22. There will be one .or morel sary for completing studies, small wars during 1956. Both sides! 39. More people will continue He Grabbed Wrong Thing MARLTN, Tex. f/Pl — When his door flew open and a 28-year-old motorist started falling out of his ctir, he did what you would do — grab something and hold tight. He grabbed the steering wheel and. as he [ought to keep himself from falling, the car veered into a grocery store. W A. Soder estimated the damage to his grocery store at $1,800 to $2.000. The motorist was not hurt. of the conflicts will try to secure help in the form of munitions from both Russia and the United States. but none of these will develop into serious conflicts. 23. The "cold war," now existing between Russia and the United States, will continue through 1956. 24. The hydrogen bomb and the guided missile will be the greatest international factors for displomat- ic trading during 1956. This trading will hold down the price of big- city property, 25. The Republicans will turn slightly "New Oea.ish" during 195'i and this will bring on a lively and hea ted Presidential campaign. 26. Democrats are uncertain as to what their policy will be in 1956. Stevenson is a liberal; but more conservative than many Democrats. Kefauver appeals to to the left. However, some "dark 1 .the musses, while Harriman leans horse" may run nff with the Democratic nomination. 27. Some taxes will be reduced during 1956 to return to the help of religion. However, statistirs on church membership unfortunately cannot be entirely depended upon. * • * STOCKS AXD BONDS 40. Interest rates will start the year at high levels, but later I look [or some easing to help t-ne building industry. The present Administration not allow high money costs to bring about unemployment. 41. Seasoned dividend -. paying stocks will do better in 1956 * thai) the more speculative issues. Stocks will follow individual prospects more closely, rather than the curve of business entirely. 42. There will be one or two hart breaks during 195B. Railroad slocks will move lower, Biggest declines are likely in auto and residential - building - materials stocks. Utilities will hold up hest. 43. I am not making any exten- . p e recommendations, but prefer to select smaller, well-seasond, under- j valued situations for security and good long-range prospects. Those in which I have great confidence are the top-ten group of variety _ chain-stor .stocks . j 44. If the ralhes continue to be ! less impressive than the declines in ( he stock market, I feel that the ; money managers will reduce stock j margins before long. ! 45. Bank, Insurance Company, and certain Investment Trust stocks i should continue to be a refuge for i the uncertain investor and for those jf who seek security and income without reference to prices or marketability. 46. Aircraft stocks in 1956 may suffer from increased government renegotiation. This will be a serious threat if the Democrats win next autumn. 47. Soundly financed natural gas stocks should continue to enjoy good growth during the year ahead. 48. We will hear much more about new industry ,, and new inventions during 1G56. Many very important developments are on drawing boards and in test tubes. 49. Canadian stocks have reached their peaks for this cycle. This includes the uranium craze. On the other hand, the time is coming when the greatest stock market profits wi!J be in connection with Canadian stocks. 50. Economic education will continue more and more a factor throughout 1956. The advertising > which the New York Stock Ex- j change is now subsidizing will con- j tinue. This will be followed by labor-union and educational pro-1 . grams. The growth of college* and; I institutes of business administration j will continue. I now see no depres- j sion ahead for 1956, but, of course,! stock prices will not "grow to the, skies" and there must be a sad re-j adjustment some day. investors are , already beginning to switch from i common to preferred stocks, and, especially to non-taxable bonds. i Algerian Rebels Urge Election Day Terrorism ALGIERS, (ft— Nationalist rebels called today for a sharp rise in terrorist activity on France's parliamentary election day Jan. 2. Clashes between guerrillas and! French forces left another five j dead in the bloody North African] territory. Rebels kidnaped four persons and the French captured 25 Algerians. The underground Algerian Communist newspaper Liberia issued an appeal to make the election day a "great national day of union and patriotic action ... to bring closer the day of national liberation." Similar appeals for a setup in terrorism over Chris'tmas failed. Election of Algeria's 30 members of the French National Assembly has been postponed indefinitely because of the continuing violence. Thanks Come A Bit Late « SHAWNEE, Okla. l.fl — Shawnee school children have received thanks for the Christm'as packages sent to children in Greece — two years later. Packages went out in time to reach Greece for Christmas 1953. Two days after Christmas this year a letter came — in Greek. A retired Greek cafe operator in town, George Theodore, translated it. "The schools of Greece are poor and we have nothing of material value to send to the American children," the letter read. "Do send our blessings and truly thank the American children." The gift packages went through the Red Cross, distribution center in Washington and to a distribution point overseas. The letter apparently came back the same way, accounting for the delay. (Continued 'from Page 1) machine will be developed into which you can dump your dirty children as well as your soiled laundry. An oil -veil will discover a Texan. SPORTS — Britain will finally uncover a promising heavyweight boxer with a plastic instead of a glass jaw, but Rocky Marciano will break it In 1951 anyhow. The New York Yankee* will lose the American League race and go on a vegetable diet. An attempt will be made to include girl watching as an Olympic sport. WOMEN'S FASHIONS — The style world will be startled by a revolutionary new corset which zippers up the front, thus enabling a fat wife to dress without asking help from her churlish husband. Some strange new shapes in ladies' hats are in the oiling, but te this news? MEN'S FASHIONS — Charcoal- white shirts will gain favor amonft white collar workers who complain they can't afford laundry costs on their present white-white, shirts. HEALTH—A man will be afraid to admit he has a corn or bunion for fear people will think it is R sign he is too poor to buy a car and has to walk to work. Women will co on li-ing longer than men, and men will so on wondering \vhv. Threp eminent doctors will say the best way to stay healthy is to avoid emotional tension, and three other equally eminent doctors will sav the best way to stay healthy is to blow your top whenever you feel like it. THE ANIMAL WORLD — Some rich alley cat will die and leave all its money to a poor old lady who once poured it a dish of cream in its friendless youth. A new dog whistle will be invented which pooches can put in their teeth and blow to inform the master it is time for him to leave the bar and wplk them back home. LABOR — As little of this as possible. New labor-saving devices will sive most wo'kers more free company time in which to ask the boss for shorter hours and more Day. WEATHER—Feeble gusts early in the year from Washington. D.O.. followed by storm clouds over Chicago and San Francisco in midsummer. Winds of hurricane force, accomDanied by much thvmder, will sweep all parts of the nation in September and October. After a spectacular lightning display early in November, the rest of th evear will be fair and clear. An Early Start TOKYO (/PI — New Year's Is Japan's biggest holiday and it starts early. Five persons celebrated so well last night that they fell down stairs at railroad stations. Smile, Coffee For Drivers i SPOKANE, Wash. W — Drivers' will Ret a smile, a ticket or a cup of black coffee when stopped at police roadblocks here New Year's Eve. . I "The coffne deal is for the fellow who has had a drink or two but Is : doing okay in h!f. driving," said ! Police Capt. O. K, Sherar. j The officers will have thermos '• jugs and cups for the borderline cases, along with tickets tor drunk- • en drivers and smiles for safe | drivers. Final '55 Council Meeting Friday City Council will hold its flnnl meeting of 1955 in city hall tomorrow at 8 p.m. Mayor E. R. Jackson said only routine business will be conducted. Recipe for Troubie FUJI-MIYA, Japan I/PI—Take one big truck with two men and one small car with five men and bring together from opposite directions on a narrow bridge. It happened here last night. Both groups poured from their vehicles, mixed freely in a heated brawl and were set out to cool in Jail. Traffic Heorfoefce PASADENA, Calif. I* — A half million automobllei carrying 1'-, million persona »r« txpucted here Jan. 3 to view th« Ttturnament of ROMI parnd*. »ir« Dw AuU Club of Southern Ciltfomte. SAVE! SAVE! SAVE! DURING OUR GREAT ADVANCE COURTESY DAYS FRIDAY - SATURDAY - DEC. 30 - 31 JANUARY WHITE SALE EXCITING BARGAINS ON SHEETS - SPRE/DS CURTAINS - TOWELS - RUGS - VENETIAN BLINDS AND NEW SPRING FABRICS (Our Regular Sale Starts Tuel., Jan. 3, 1956 Use Our Lay-Away GRADERS Phone For Free Estimates R. C. FARR & SONS Owners Phone 3--1B62 — 400 Railroad — Phone 3-4567 Buy Now and Sore FARM LOANS Six Star Feature 1. No brokenke tees M p»y I. No stock to purchase I, An opportunity to establish credit with » large Insurance Co. that !• and hM been for many years a permanent lender in thli tet- ritory. 4. tone tim« tew Intel** rate. I. W« pay th« appraisal and attorney fen. «. Quick serTlce, tut ««Hint We close loans before moai companld make their IK- sanctions. For Information, See, Call or Write LOGAN FINANCE CO. tyoch Bulldlnl Blylhulm, Ark. Ph«» I-MJ4 Kicl.sirt Afent for AoMrieu United Ufs Inmnncf C*. If you live out of town.:. and want THE COURIER NEWS Contact these agents LUXORA C. H. Banner OSCEOLA - Mrs. Margaret Morse 325 Elizabeth, Phone 387 WILSON Billy Burns 27 Adams Keiser Truman Henderson DELL Donnie Baker MANILA Charles Miller HOLLAND Jimmy Jones STEELE - Sonny Stroud HAYTI Clifford Dickerson • 600 N. Third CARUTHERSVILLE -- Mike Dele 1808 Parkview, Phone 1127 For Mkct, p4ln, nta, bnls«, tarn, colds, htadachn, bltn and itlnn, try Bob's Gypsy Rub Liniment AnltaM* at y«r tawtt* drw nwntet C. O. SMITH PRODUCTS CO.

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