The Courier News from Blytheville, Arkansas on April 19, 1955 · Page 7
Get access to this page with a Free Trial
Click to view larger version

The Courier News from Blytheville, Arkansas · Page 7

Publication:
Location:
Blytheville, Arkansas
Issue Date:
Tuesday, April 19, 1955
Page:
Page 7
Cancel
Start Free Trial

Page 7 article text (OCR)

TUESDAY, APRIL 19, l'J88 RI.YTHEVIU.K (ARK.) COURIER NEWS PAGE SKVEf; Personal Buying Sends U. S. Economy Surging By SAM DAH'SON NEW YORK (AP) — Our economy is he-ding for a new high today. And this time it's because Americans are buying in record volume for their own personal use and are building Cor civilian peacetime uses. • The record was set In the April,* May and June ot 1953. But then the federal government was spending cash nt around an 80-billion- dollar a year clip. Military spending and industrial construction aimed at building up our defense potential accounted for much of it. Now federal cash outlay has dropped to around 66 billion dollars a year. Much of that H billion dollar drop is in defense spending. Civilians have caught up now and are closing the gap. When the government was pump- ins all that money into the economy in 1953. the gross national product hit its all-time peak of 311',' 2 billion dollars a year during the second quarter. The gross national product is the dollar value of the total output of the nation's goods and services. 13 Billion Jump • Now the Council of Economic Advisers has just .told the President that the gross national product rose to an annual rate of 369 billion the first three months of this year. This was a 13-billion- a-year jump over the annual rate of last year, and the best first quarter ever. With this year's April, May and June quarter giving every sign of topping the mark set in the fjrst three months, a new record may be in the mating. Most significant Is the fact that the gains are being made in consumer purchasing and in construction. Every day Americans, bettering their standards of living, have made up for Uie drop in defense spending which had pushed the economy to Its record high during and Immediately after the Korean War. The same trend, is shown also in the industrial production index of the Federal Reserve Board. It reached Its peak In March, 1953. Then it slumped during the busi. ness slowdown which ended six months ago. Now, without much fresh stimulus from defense ordering, industrial production has climbed back almost to that peak. It could reach or top it this month. Durable Goods Consumers have returned to buying durable goods — autos, appliances. They have kept up their buying of soft goods — clothing, food, gasoline. They steadily increase their buying of services — transportation, recreation, medical care. In the first three months of this year they were spending at an annual rate of 242 billion dollars a year, an all-time record. Businessmen building new factories, new office buildings, new stores, and home owners buying new houses pushed total construction spending to an annual rate of 31 billion dollars. The conservative economist* ask; How long can the present record pace of auto buying, of home buying continue? Few, however, think ft turndown will come during the April, May ana June quarter. And the economy seems all but sure of setting a new peak of peacetime production and prosperity. Reno Gambling Club Selling Its Property RENO, Nev. UP)— Harold's Club of Reno. Nevada's biggest gambling enterprise, put an estimated 2 1 ,? million dollars worth of its property up for sale yesterday. Club officials would not explain why, publicly. But some s»id privately that a sharp increase in state taxes and the cost of an expansion program prompted the move. On the block are two big Reno motels, a trailer park, two large ranches and other property in the city. HORN OF PLENTY—This huge, horn-like spiral casing in London, England, will house plenty when filled with a 73.QQQ- horsepower water turbine and shipped to Portugal. The 35-foot- high, 66-ton casing dwarfs the man at bottom of photo. Great Britain is in the midst of a new industrial export boom. Weird Weather Rains Mud And Salt on Sections of Utah . SALT LAKE CITY W) — Parts of I ers only spread the mud across the Utah were, bathed. In mud and salt[glass. Police reported a number during a weird weather sequence yesterday. The ski resorts of Alta and Brighton, high in the Wasatch Mountains, were covered by a chocolate-colored snow. A heavy south wind, with velocities topping 45 miles an hour, preceded the grimy rain and snowfall. It tumbled several wooden buildings into heaps of wreckage on the shore of the Great Salt Lake. An 85 - year - old woman was knocked from her feet by the wind in downtown Salt Lake City, breaking her hip and wrist. The .wind whipped up dust from newly plowed fields in southern Utah. As the dust spread north, visibility lowered at times to a quarter of a mile. Later rain came. The dust particles in the air clung to the rain drops, then spattered grime everywhere. Automobile windshield wip- of mishaps, none serious. Salt from the desert near the Great Salt Lake was lifted into the air by the wind, only to return to the earth in the rain. The ir\l$- lure caused several short circuits in Salt Lake City by coating insulators on power poles, then con- 'ducting the electricity to the wooden cross-arms. Several Salt, Lake City residents, their Geiger counters always at hand in this uranium-rich country, said their instruments showed radioactivity. But C. N. Slover, liaison man for the Atomic Energy Commission, said counters at the University of Utah showed only normal background radiation. Late last Monday night the rain turned to snow in the valleys. By that time the rain had cleansed the dust from the nir and the moisture in the snow helped wash away much of the grime which had coated cars and buildings. —COTTONSEED— Delta Pine 15 D&PL Fox —SOY BEANS— Breeders Registered Certified Non-Certified Non-Cert. Ogdens Cert. Dormans Breeders Ogdens Cert; Ogdens All leeds in stock at Blythcvllle Warehouse THE PAUL D. FOSTER CO. N. Hlway 61 Rh, 3-3418 Blytheville Warehouse There's a HEATMASTER Styled for your kitchen ^-^^^-^ —^ When you buy a Heatmastet water heater you select an automatic unit made by the world's largest manufacturer of water heating equipment. Superbly finished, handsomely designed, the Heatmaster fits in perfectly In the modern kitchen or utility room. Table Top Hcatmaster Round Hcatmaster Buy From Your Plumber or Plumbing & Heating Dealer MIDSOUTH PLUMBING SUPPLY COMPANY (Wholesale Distributors) Rear 213-215 W. Walnut BLYTHEVILLE Ph 3-8353 388 E. Johnson JONESBORO Ph - 2 ' 3562 UTTLt UZ— •^^••^ ^^»» —~ ^ Most girls would'like to ploy post office with ony first-class Pemiscot Investigates Burglaries CARUTHERSVIUJ: _ Pemiscot County authorltiei are continuing itn investigation Into three, burglaries in the county Thuridav night and one here Friday night. About $25 was taken from the Continental Pig, acrou the. street from Ihe courthouse, when' It waa broken' into , Friday nlghl or early Saturday morning. The Thursday night or early Friday morning' robberlei were, .-at Braggadocio, Stubtown and Micola. The front door of Max Wallace's grocery near Braggadocio waa pried open and six cartons ot cigarettes, a box of cigars and a few dollars in nlckles and dimes were taken. The front door was .also pried open at the A. J. Baxter' grocery in Stubtown. Three or four dollar* was taken. When the Arthur Alford grocery at Micola was entered by breaking a window, a wristwatch and a box of sox were taken. ' : Wilson Student Gets Scholarship John Merrell Elk ins, con of Mr. and Mrs. Charles Elkfns, Kout* I, Joiner, Ark., is among ten outstanding high school seniors who have been awarded National Honor Scholarships to Washington University Chancellor Ethan A. H Shepley announced this week. Elkins, who will graduate In June, from the Wilson, Ark., High School, ranks first in his class of 28 students. The,awards are worth up to $1,000 a year for four years.. He is president of the student body and has been «ctlv« in the chorus and the Future Farmers of America. He has won two letters in football. He has been the school's delegate to the Arkansas Boys' Slate. He plans to study chemical engineering In the Washington University School of Engineering next fall. "Napoleon of South America." Food of the hamdryad, largest species of cobra In India, consists chiefly of other snakes. Caruthersville News 1 SONNY «ANDH» Or. W>dc H. Boggs, modera of the Presbyterian Church of the United States, preached >t First Presbyterian Church here Sunday morning. Dr. Boggs, who neld several high offices In the Presbyterian Church, U. S.. before becoming presiding officer last summer, will return to Caruthersville on June 19. That will be about two «eeks after he leaves ihe office ot moderator. He spoke to a group of men of the Southeast Missouri Presbytery district at'Cape dirardenti Si)nd«y afternoon, before returning to his headquarters In Atlanta, Ga. Caruthersville High's five cheerleaders spent Friday and Saturday in Columbia where they attended a cheering clinic at the University of Missouri. The cheerleaders, Bunnle Van Ausdtll, EllabieUi • Christian, Sue Bader, Patty Sawyer and Ann Taylor, were accompanied by Mrs. John R.' Bader. Janle Kindred n«s been named general chairman of the Junior- Senior Prom, which will be held at Caruthersvllle High School Friday, April 23. From 40 to 50 younj people of First Presbyterian Church and 10 adults of the church will attend ft Senior Fellowship Rally and Pioneer Conclave In Cape Oirardeau Sunday, Rev. James Blanton, pastor of the church, has announced. Mm. Blinton will be song leader for the afternoon and evening meeting oi the Soutneast Missouri Presbytery groups. Miss Mary Ellen Horner of Caruthersville Is advisor of the Senior Fellowship and Jack Streets of Caruthersville Is president of Ihe group. A member of the fellowship's .council is Julie Hawkins oi Caruthersville. The Junior Chamber of Commerce will sponsor a minstrel here Tuesday and Wednesday, April 28-21, at the high school auditorium, according to Lawrence Crockett, a member of the organization. He said the Interlocutor will be "Doc" Dean of Blythevtlle. The Jaycees will perform along with the Bootheel Ramblers, a musical group, Crockett said. Due to the increased membership of the Junior Chamber of Commerce, the position of secretary-treasurer has been made into two separate positions, Al Lawrence, president of ihe club, said. Kenneth Cunningham will continue to serve as treasurer while Woody Wilson Is the new secretary. A new member of the board of directors I: Crockett. Leonard Kindred and Miss Janle Kindred, his sister, returned home Sunday with Mrs. Kindred and son, Mike. The 'utter had been visiting in Columbia, Mo., with Mr. and Mrs. Bob Goodln since Easter. Mrs. Ooodln Is Mr Kindred's sister. Mr. Kindred and Miss Kindred only spent 'the weekend In Columbia. Howard Pike returned to the University of Missouri at Columbia on Monday of last week with a Phi Oamma Delta fraternity brothci Jim Mlllui of Ft. Worth, Texas. 500 Bu. Dorman Soybeans at $3.50 per bu. 2000 Bu. Ogdttn Soybeans at $3.00 per bu. H. C. KNAPPENBERGER BEST BY TEST All Or*r the Cotton Belt Tot Results Prove That . . . BOBSHAW 1A and DELFOS 9169 ire the cotton varieties that produce the largest money returns. We hive the above in Registered Breeders Seed. Also OGDEN seed beans. HENDERSON SEED CO. Highway 61 South Phone I'O 2-2860 GET 00 IT ELECTRICALLY Roast Is In! The rest it done by your electric range. Salad's made -kept crisp and fresh In your electric refrigerator. Dessert Is ready and waiting In your electric freezer. Dinner's ready when you get back. More time for family and friends when you live electrically. Electricity works while you're away Ark-Mo Power Co. ho wns a Euest over the weekend L Ihe home of Ms parents, Mr. nd Mrs. Denver Pike. Judge unrt Mrs. Sum J. Corbett r. were In Memphis Friday nnd Irs. Corbett received medical treatment while there. Richard Watkln.i. « rreshman at Missouri University's School ot Mines In Rolla, returned to Rolla Sunday after spending the weekend here visiting with hip parents, Mr. and Mrs. Woodrow Watklns. ASHES and TEARS ts that what you'll have left U your home burns? For dependable advice nml aecncy S e r v I c e on divldend-rayinf nre Insurance, call us today! RAYMOND ZACHRY US N. 2nd. Insurance Agency Phone 3-8815 watch for it on Friday-Apr. 22 SNOW TRACTOR CO. 112 N. Franklin — Blytheville, Ark.— Phone 3-8951 NOW OPEN FOR BUSINESS The Beautiful New TEXACO SERVICE STATION Ash and Division Streets Operated by Bob Logan & James Mizell MARFAK LUBRICATION By Manufacturer's Recommendation Watch for Our Grand Opening and List of Prizes Increase the value of Your Car By DRESSING UP THE INTERIOR With GILBERTS AUTO UPHOLSTERY Ph. 3-6742 Can your house BURN OUT? Yci it con. Fire often gels a long headslarl before it Is discovered. Insurance . , and enough of it ... is ihe only answer to your financial protection. NOBLE GILL AGENCY GLENCOE BLDG. 3-6868 CAMERA CENTER • Flash Bulbs • Color Film • Polaroid Film . • Movie Film • We have Cameras ana Projectors for rent. BARNEY'S DRUG STORE 2006 W. Main Ph. 3-3647 HOT DOGS Dcliciniisly Seasoned with Our Chili and Chopped Onions Take Home Sack 6 r. 1 00 KREAM KASTLE DRIVE-IN

Get full access with a Free Trial

Start Free Trial

What members have found on this page