The Courier News from Blytheville, Arkansas on March 18, 1955 · Page 14
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The Courier News from Blytheville, Arkansas · Page 14

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Blytheville, Arkansas
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Friday, March 18, 1955
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BLTTHEVTLLB (ARK.) COURIER NEWS FRIDAY, MARCH 18, 1968 Fulbright Says GOP Politicians Hampering Stock Market Inquiry By ED CREAGH WASHINGTON (AP) — Sen. Fulbright (D-Ark) declare today "professional Republicans" are trying to plunge th Senate stock market inquiry into partisan politics becaus they seem to lack confidence in the American economy. Fulbright, chairman of the Sen &te Banking Committee, hit bad at GQP National Chairman Leon ard W. Hall, who criticized th committee's inquiry last night in a, speech in Miami. Hall referred to the hearing a vehicle for spreading "gloom anc doom" and said it may well havi caused the recent market prici break. "I have tried," Fulbright said in a statement, conduct this study of the stock market in fair and friendly fashion and I think I have a right to object to professional Republicans attempting to interrupt this important Commodity And Stock Markets- Ntw York Cotton <M:3» (HHtaUonl) May 3370 3370 3361 July 3398 3398 3388 Oct 3407 3407 3396 Dec 3418 3419 3410 New Orleans Cotton May July . Oct . Dec . . 3365 3394 3408 .3419 336S 33S4 3409 3420 3360 3388 3395 3409 3361 3390 3402 3413 3357 3386 3397 3410 Chicago Corn Mar .... 143V4 May .... H6'/4 143% 146'A 142% Chicago Soybeans Mar .... 266 266 25914 May 258 258'/ 2 253% July .... 253 253 248 Sept .... 24354 243% 240 Chicago Wheat Mar 221 221% May 215% 215% 220% 213% 143 >4 145 Vi 260 >/> 255 249% 221 214',; New York Stocks A T and T ngi.i Amer Tobacco 65U Anaconda Copper 63 Beth Steel 129 Chrysler .' 68% Coca-Cola 316 Oen Electric 50 Gen Motors 94 '-, Montgomery Ward 77 N Y Central 35 1'nt Harvester 371., Republic Steel 83'i Radio 42 Socony Vacuum 52 Stude-Pak 12% Standard of N J 111% Texas Corp 90" a Sears 79' : , V S Steel 78!, work. I would object just as vig orously if Democratic politician attempted to pump politics into th study." Curtice Testifies In the inquiry itself, Presiden Harlow H. Curtice of General Mo tors took sharp issue today wit Suggestions—by Fulbright and oth ers—that there is no real compe tition in the automobile industry. On the contrary, he said in pre pared testimony, the industry "is even more competitive today than at any time in its 50-year hi: tory." He brought along charts to prove he said, that GM's car price, 'have been consistently belou those of the rest of the industry." Fulbright has told repeatedly o hearing reports GM could maki profits even if it cut prices so far that its major competitors would be forced out of business. He says he understands t h e company doesn't do this for a variety reasons, among them that GM would be subject to possible government prosecution as a monopoly. In another development, the U.S. Chamber of Commerce declare: business is expanding healthily and without danger of a stock market crash—despite what the Chamber called "loose talk" growing out of .he Fulbright investigation. The Chamber issued last night i report saying recovery from the 1953-54 recession not only continued but "actually gained momen- um" in the first three months of his year. Hall said the stock market developed "jitters" after Harvard iconomist John Kenneth Galbraith 'filled the air with dire state- nents" in testimony before the Fulbright cornmitete. Hall said Galbraith is "an old- ime New Dealing, ADA-type of .nti-Jeffersonian radical" who has 'flirted around" with one or two 'pink fronts." Galbraith, who testified March 7, told the committee he didn't expect a market crash, but urged precautions to prevent one. "A careful reading of the record," Fulbright said "will show that he primarily urged caution. But even had he painted a gloomy icture. should his opinions be squelched so that the American people should be given only information that is optimistic?" Fulbright went on to say: "Apparently I am a great deal more confident on the strength of America than the Republican professionals are. They seem to fear that' the economy can't stand examination." BAPTIST SPEAKER — Porter Rouih, executive secretary of the Southern Baptist Convention Executive Committee, will be guesi speaker at First Baptist Church Sunday. He is the only layman ever to hold the position and attended Oklahoma Baptist University, University of Missouri and Southern Baptist, Theological Seminary. BONN (Continued from Page 1) .enge the Saar accord's constitu- .ionality, the majority was sufficient. Otherwise it might need a two-thirds vote for approval. The Bimdesrai action put the spotlight squarely on France, whose Senate begins debate on the reaties next Wednesday. The French National Assembly approved the pacts Dec. 30. The final Senate vote is expected next Friday. Dverloading Is Costly for Two Two overloading charges cost two ruckers a total of 361.25 in for- eited bonds in Municipal Court today. Southwest Pi-eight Lines forfeited he two overloading charge bonds f 330.75 while Tommy Bale for- eited the other bond for the same harge. David Ray forfeited a $19.75 bond n a speeding charge. Paul Phillips forfeited a bond or the same amount on a charge f operating a motor vehicle with- ut a driver's licen.se and without motor vehicle license. .one Bid Taken On Base Job UTLEY (Continued from Fag« as hostage. William Robertson, one, of three employes held by the two killers while they waited for Utley, told state police they released him unharmed a few miles south of Holland, which is about 5 miles from the Arkansas border. Car Unknown He said they drove him away in a Cadillac car, then took the keys and left him in the car. State poJice were searching for the killers today but didn't know what type of car they might have taken after abandoning the getaway car. Robertson said he knew of no reason for the killing and the killers gave no indication of their motive. He described them as a Negro armed with a sawed-off shot gun and a white man with a nylon stocking pulled over his head, armed with a pistol. Couldn't Warn Him "They came in the store about midnight asking for Utley and a few minutes later Utley called, saying he'd be there in about 2C minutes," state police quoted Robertson as saying. "We couldn't warn him because they had guns on us," he said. '•They shot him down as he walked in the door, then took his wallet." Robertson had been a bartender a tavern across the street, owned by Utley. The tavern has been padlocked since last fall by PemLscot County officials elected on a reform ticket. Holland is about 5 miles from the Arkansas border. State police said Utley, 46, lived n Holland but his wife and children live in Memphis, Tenn. WHITWORTH (Continued from Page 1) ognized will be other former teammates of Whitworth from his high school days who are still living in ,his area. Gift Presentation Dan McCaskill, president of the jooster club will open the program and turn proceedings over to maser of ceremonies J. Graham Sudbury. H. A. Haines Will introduce Coach Jimmy Fisher who wiU in- DELL REVIVAL ASSISTANT— Royal services will begin First Baptist Church in Dell Sun day and.continue through Marcj 27 with Rev. E. C. Edwards, pas tor of First Baptist Church i Tyronza, assisting the pastor Rev. H. Grady Wilkes in th meeting. Mr. Ray Morgan, di rector of music, will conduc singing 1 . The meeting is in con nection with Baptist Simultane ous Evangelist in all Baptis churches in, the Southern Con vention. Services will be held a '10:00 in the mornings and at 7:3i in the evenings. SCHOOLS of the Chick be principal speaker One bid was received for contruc- ion of storage facilities at Blythe- ille Air Force Base. The bid of $144,000 exceeded the overnmcnt estimate by more than 30,000 and was submitted by L & Construction Co., Memphis. roduce members sasketball team. Herb Childs will present Whlt- vorth 2 gift on behalf of the ooster club. The Crimson Tide mentor m the program. The Red Pepper Club will dec- irate the Crystal Room for the iccasion and Allen's Flowers wili contribute a floral football centerpiece. Chickasaw basketball trophies won this year will be on display. Whitworth, who played football for the Chicks in the mid-twenties, graduating from BlyUievilLe High School in 1928. gained wide recognition in coaching circles as line (Continued from Page 1) replace facilities formerly use which burned recently. Wyatt vs. Pryor Blytheville's school board has Bill Wyatt running agains board president W, Paul Pryor who is seeking re-election to three-year term. A three-way race for two pos lions in Osceola have incumbenl Mayor Ben F. Butler and Harol Ohlendorf defending their position against Robert F. Morrow. Bot positions are for three years. A five-year term at Gosnell i being sought by Woodrow Cook an B. R. (Pete) Pate. R. L. Maxwel ncumbent, is not seeking re-elec tion. At Dyess, George Linton is candidate seeking to replace cumbent Wayne Taff for a five year term. Unopposed candidates for boarc positions in Blythevllle are Alvi Huffman, Jr., two-year term; ani John Caudill, one-year term. coach under Wally Butts at thi University of Georgia from 1939 tc 1950. He produced some of the top lines in the South during that per iod, including a number of All American linemen. Prior to ..that time he had held assistant coaching positions at Ala bama and Louisiana State University. Before taking over at Alabama this year, he was head coach at Oklahoma A. and M. for five years Livestock NATIONAL STOCKYARDS, 111. W)— (USDA)—Hogs 8,700: steady to higher; choice 180-220 Ib 16.25-75; mostly 16.50 up; choice No. 1 and 2 16.85; 220-240 Ib 16,00-60; heavier weights scarce; few 240-270 Ib 15.50-16.25; 270-320 Ib 15.00-50; 150170 Ib 16.00-50; sows 450 Ib down 14.00-75; heavier sows 12.75-14.00; boars 9.00-11.50. Cattle 500, calves 400; scarcity creating active sale of ail classes at firm prices; commercial heifers and mixed yearlings 17.00-20.00; utility and commercial 11.50-14.00; canners and cutters 9.50-11.50; utility and commercial bulls 13.0014.50; heavy fat bulls 11.00-50; vealers and calves in good demand, firm; good and choice vcal- ers 20.00-2G.OO; individual head prime to 28.00; commercial and good 15.00-20.00. Nurse to Interview Students Here March 28 Miss Margaret P. Heyse, professor at nursing at the University of Arkansas School of Nursing, will be at the Blytheville High School Monday morning, March 28 at 8:30. She will speak to the students who are interested in the field of nursing. Guaranteed Watch Cleaning 3.50 36 Hour Service Your watch is completely disassembled—all pivots polished —springs adjusted and machine cleaned. Chronographs and Automatics not Included at this low price. Thompson Jewelers 114 W. Main MOVING? Local or Long Distance CALL 3-8928 B«ckham Moving & ^Storag* Co. Mead's Presents Smart New Spring Styles by Stetson smart way : the to I IVY LEAGUE gentlemen, the word is charcoal the IVY LEAGUE by greet the spring by Yes, charcoal is definitely today's style word in hats. And a flattering color it is, echoing the season's newest similes in suits, shoes arid accessories. Police, too, Ilirse other smart features oj the Stetson ley Leaijur: the narrower brim, the subtly tapered crown in balance with today's lean lapel. // It's For a Man, Mead's Will Have It! The narrow brim . .. the tapered crown .. . the higher trim . ..the vastly popular charcoal shades that blend with and complement the new swift and accessories. These, together with the club stripe band, are the style highlights that you—and others! —will notice when you wear this smart, face- faltering hat. Men going placet get Uiere in a Stetson Ivy Leagut. MEAD'S S«Mo Girls Art Elected Two southeastern Missouri students at Arkansas state College have been elected president of their respective sororities. Five other Missouri girls from the surrounding area were elected to offices in their sororities at the college. Joan Cooper of Cooler has been elected president of Alpha Gamma Delta sorority and Betty Bell of Gideon has been elected president of the Phi Mu sorority. Others chosen for offics In their sororities are Geraldine Naile of Kennett, treasurer; Mary Belle Allen of Kennett, house president and Doris McEherson of Bragg City, altruistic chairman, all of Obituary Mother of Local Man Succumbs Funeral services for Mrs. J. C. Arnold, mother of Loy L. Arnold of Blythevllle, will be conducted in Russellville tomorrow morning at 8 a. m. Burial will be in Batesville. Mrs. Arnold, who was 74, died this morning in Russellville where she made her home. the Alpha Gamma Delta sorority. Phi Mu sorority officers are SuetU Ray of Senath, vice president and Nonna Tanner of Portagevtlle, treasurer. Two Accidents Are Reported Wet weather and slippery ptve. iiient once again contributed their bit to increase the accident toll yesterday afternoon and last night. At Main and Division n truck driven by Jack Edgen, 1215 Holly, and owned by the Pepsi-Cola Com. irany of Blythevllle collided with a cur driven by Sidney Page of Rose. Innd. The right door and right fender of the truck were damaged and tho front end of the Page car was damaged. A car driven by W. C. Munger of Cnruthersville and one driven by Stanley Wilson were Involved in tin accident that occurred on Walnut Street. The left front fender of Wilson's vehicle was slightly damaged. Admiral GIANT 21 TV -if by Admiral . . . exclusive new kind of precision mass production that builds TV sets automatically . . . makes possible amazing ROBOT Chassis with highest quality features at unbelievably low prices! Giant 21" Console-The PARIS. Here, truly is television in the modern manner with exciting new cabinet styling. Deluxe features include Giant 270 sq. in. Screen- Aluminized Tube gives you pictures that are "twice as bright" ... Wide-range FM Sound System ... High Fidelity Inclined Speaker Mounting. Blonde Oak Finish extra. 21 Talk of the TV World! 270 sq. in. alitminizcd picture tube.., powerful ROBOT Chassis . .. compact cabinet 3" less in depth than ordinary 21". Blonde Onk or grained Mahogany Finish extra. Leads In Power... In Portability... In Prlee Compact, lightweight^* carry it from room-to* room with ease. Blond* Oak or Grained Mahogany Finish «itl*. COMPLETE SERVICE DEPARTMENT FOR TELEVISION, RADIO & RECORD PLAYERS Adams Appliance Co., Inc. 206-08 W. Main J. W. ADAMS, Owner ph.t-ion

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