The Courier News from Blytheville, Arkansas on December 29, 1947 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

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Monday, December 29, 1947
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BLYTHEVILEE COURIER 1NEWS IHE DOMINANT NEWSPAPER Of NORTHIAST ARKANAAO .Mr. .».,--.„.„« „.„.,„ * '" — * ™ ^-^ I VOL. XLIV—NO. 233 Blytheville Courier Blytheville Daily New* Mississippi Valley Leader Blytheville Herald NEWSPAPER Of MORTHKA8T ARKANSAS AND SOUTHEAST MIBSOUIU BIATHEV1U.E, ARKANSAS, MONDAY, DECEMBER 2», 1947 TEN PACKS Damascus Gate Jo Jerusalem Scene of Battle Barrel of Explosives Rolled from Taxicab Starts Fierce Fighting JERUSALEM. Dec. 29. (UP)—A bai-re! of explosives went off with a shattering road In the thronged market place at Damascus gate here today, touching off a furious gun battle which authorities said left 15 persons dead The tar barrel of'explosives was rolled from a taxi into the market place. Authorities attributed the bold assault to he Irgun Zvai Leumi's "black squad", exacting reprisals for Arab attacks. Twelve Arabs, three of them women and one a child—were reported slain by the blast and In the battle which followed. Also slain were two British constables and one Jew, described as one of the attackers, according to the authoritative count. Armored cars swarmed to trie scene and Joined the battle, while Royal Air Force guards supported them with covering fire from the roof of r.earbv headquarters. Arabs Shoot in All Directions The milling crowd of panlc-stick- en Arabs, armed with everything from pistols to machine guns, lireci haphazardly in all directions. More « than a score were wounded. '- One of Jerusalem's bloodiest outbreaks of the month-long hostilities following the United Nations decision to partition Palestine featured new flareups of violence in widely scattered sectors. Early reports of the day's bloodshed listed at least four other persons killed, in addition to thi casualties at Damascus.gate. A correspondent, who witnessed the violence at Damascus gate saic a big tar barrel filled with explosives was rolled from a taxi Into the crowded market place. At the same time the attackers sprayed: the market place -with ma- s chine gun' fire. Arabs, believing the police wer e responsible for the subsequent shooting, kept them at bay - A gun battle of considerable scope ensued, and/:casualties were reported still lying in the market place. The taxi from which,the explosive was hurled escaped, pursued bj armored cars The "Arabs attacked a private car In a .mistake! .^ stop theajjf,, ? First fi5»ort« , from -ttt* --?. v. * »seerie a Damascus gate said six Arabs am one British constable were killed and three Arabs were wounded gravely. Slill later 12 Arabs were reported slain and 15 others injured. Arab Doctor Slain One British constable was killei outright at the scene of .the explosion. Another was shot dead by an Infuriated band of Arabs inside the told city near the closed Damascu; gate. A Jew, described as one of th attackers at the gate, was reported shot and killed by police. An Arab government physician Dr. Mikhail Maaiuf. was killed b: Jewish attackers in Bethlehem. Au thoritics said th e slaying was IT reprisal for the killing of a Jewish doctor yesterday In nearby be Safafa. Stcel-helmeted raiders in battl dress attacked a British armory a Tel Letvinsky and seized 100 guns A British soldier was killed and two were wounded. Tel Letvinsky is a former American Army rest camp iebels in Greece Seek Outside Aid Communist Leader Takes Command of Guerrilla Forces ATHENS, Dec. 29. CUP) — Gen. Markos Vafthiades. chief of the lewly proclaimed Communist government, was reported today to lave taken personal command In he field of the guerrilla campaign against Greek forces In the meun- ains of Northwest Greece. Guerrillas captured in Die snow- wept hills said Vafthiades had placed himself In the leadership of seven battalions of his soldiers. They said they had been told that ar- :lllery and air force reinforcements were expected from "outside Greece." The Athens government's counter-offensive was reported gaining ground in several sectors around :he broad arc of hostilities In Epirus. Guerrilla losses were reported heavy In hand to hand fighting round Konitsa, the mountain stronghold near the Albanian border which Valthiades was reported to covet as the seat for his "Free Greece" government. Good weather yesterday gave the Greek Air Force its chance, and It pounded guerrilla positions at scattered points. Dispatches said the air attacks destroyed two of six guns which had been shelling Ko- nitsa. Many Killed or Wounded On the immediate approaches to Konitsa, government trops stir were clearing strategic heights where guerrillas had dug In after their surprise attack on the town Christmas Day failed. Inside Ko- nitsa. a guerrilla shell set a big lire which caused considerable damage Reports from Larissa said 150 guerrillas were dead or wounded in the Konitsa area and 60 in the Kalpaki area. The guerrillas were reported to have shelled Nesorien, north of Konitsa. Construction workers under the American mission's reconstruction program for Greece had pushed Into guerrilla territory and were reported working within the sound of gunfire. South of Lamia, where a project for clearing the Brallo tunnel on the Athens-Salonika line was go- COPIES nvi cnemr \ OP Anti-Inflation Curbs Better Than Nothing, Truman Says as He Prepares to Sign Measure By Nz.KlMAN SMITH United Press White Houte Reporter WASHINGTON, Dec. 29. (U.l>.)_Uevublica 118 hurled charge* of "polities" «t Pre,l dent Truman today for his statement that Iheir anti-inflation bill was "pitifully inadequate —but that he was signing it anyway on a better-than-nothing basis Democrats rallied to Mr. Trumnn's defense, and tlie flurry of charges' and counter charges made it increasingly clear that responsibility for high price* would b« the No 1 issue in next year a election campaigns. The President announced his clslon to sign the Republican-sponsored substitute for his 10-polnt anti-Inflation program In strongly- worded statement last night. Warning that continued Inflation carried the danger of * "serious depression," he again asked Congress to authorize standby wage-price and controls to check, living ration costs. The White House said Mr. Tru- inan would formally sign the GOP measure today. The president said tn his statement that he was "disappointed" Congress had passed such a "feeble" bill. He said the public should not be led to believe that It would either reduce living costs or keep them from going higher. House Republican leader Char- In A. llalleck and Chairman Jesse P. Wolcott, R., Mich., of the House Banking Committee snapped back (hat the bill, together with powers Hie President previously lie:J, was adequate to bring prices down. "If prices are not brought down. Wolcolt.added, "It will be the fault of Hie President and not the Con-, gress." Wolcolt said the President's request for price-ration authority via inspired by politics. And as for Mr. Truman's warnings of a depression, Wotcott said he saw no reason why tills country should not enjoy reasonable prosperity for the "next five to seven years." The Republican bill contained only three non-controversial features of Mr. Truman's 10-polnt program and authorized htm to use voluntary methods In carrying out three otliers. The provisions requested by th« President will: Z. Extend for one year, until Feb. 28, 1949, government controls over exports of such scarce vital commodities as slecl. 2. Extend controls over transportation for a similar period. 3. Authorize expenditure of II,009,000 during the next six months to promote voluntary saving of food and feed; encourage Increased farm production in non-European foreign countries; *nd to restrict use of grain by distiller* through next January. The bill authorized use of voluntary method) to achieve these goals of the President'* program: allocation of scares commodities lo essential users: restrlcllons on speculative trading on commodity exchanges and snle of livestock and poultry at weights which would assure the most efficient use of grain. "I would be shirking In my responsibility If I did not protest against the obvious insufficiency of this legislation." Mr. Truman said. "Tills bill will not reduce the high cost of living and It will not keep prices from going even higher." Sen. Joseph C. o'Mahoney, D., Wyo,. Rep. Brent Spence, D., Ky., and other Democrats agreed with the President that the measure carried no real power to carry out the anti-Inflationary purpcwei jet forth See ANTI-INFLATION on r.«t It New Basic Farm Program Facing Months of Delay U.S. Foreign Policy Eliminate* Need For Hatty Action (United Bjr George Reedy, Jr. . Sl.rr Corre. pendent) British Issue Balkan Warning Albania and Bulgaria Cautioned Against Backing Guerrillas LONDON, Dec. 29. (Up)—A foreign office spokesman said today that recognition of the guerrilla government of Greece by any nation would be. interpreted by the British government as "a grave deterioration In the international situation." The statement was interpreted as « warning- to Albania and Bulgaria, . ., which were reported considering ing on, guerrillas got nea rcnough recognition of the Commuriist set- to warn the workers by loud speak- up headed by Gen. Martts Vait- er to get out or be annihilated. The wori,-went In Athens lirilLl, police ar, -editor of Rizos, UK weekly after the; gov liad closed his printing shop and confiscated copies of Ihe paper prepared for distribution. near Lydda Airport. A grenade was hurled at the back door of i Barclay's Bank in Jerusalem. One Jewish employe was killed and three others were wounded. One Arab trooper was killed and another wounded when raiders at^tacked a Trans-Jordan frontier lYorce convoy at nosh Pina, near the Syrian border. Gunfire also sounded in the old quarter of Jerusalem when Arab and Jewish snipers opened up on each other. No casualties a-ere reported. Another illegal immigrant ship was Intercepted and Its 668 passengers deported to Cyprus on the transport Ocean Vigour after being Arctic Blizzard Delays Move to Rescue Aviators NONE, Alaska, Dec. 29. (UP)—An Arctic blizzard with 40-mile winds that sent temperatures plunging to 30 degrees below zero blocked the rescue today of four known survivors of a B-29 who have been marooned on desolate Mt. Serpentine. 100 miles north of here, since Tuesday. Air force officials said they would attempt to set up a base camp at the foot- of Mt. Serpentine four miles from the wrecxage and direct operations from there. They hoped for a break In the storm so they could attempt an aerial rescue today but the brief Arctic day—four hours—made any such attempt hazardous. Aerial rescue attempts were called off last night after a series of mishaps to both air and ground r ties. The worst accident occurred when a C-47 tow plane and glider carrying dogsleds and t; Final Reports Asked by Jan. 7 in Chest Drive Community Chest Board Secretary Worth D. Holder today was contacting solicitation team leader* In the current fund drive In ajj effort to have all contribution* reported by Jan. 1 -fl Eleven of the 31 teams have not tumed,ilri "complete reports to date. Mr. Holder said this morning. Of these, seven have made partial reports while the other four have made no reports. Solicitation team chairmen were asked today to contact all members of tlieir team In order to bring In contributions unreporled. to date. Slightly more than $125 was. shown on a list of additional contributions released this mocnl Contributions reported th.ua- far the drjve total $I8,766.1U - J Approximately 18,000 still remain* to be turned in before the !!)« budget of 126,780 will have been hiade.s-. The spokesman said British monitoring showed that the eBlgrade radio broadcast extensive propaganda favorable to Vafthiades. But he added that he could not confirm Athens charges that the "free ' met. From this budget, 20 youth] Greece" broadcasts were put out welfare and civic organizations in by Belgrade. The foreign office was reported watching with grave concern !or any indication of any official recognition of the new government. Albania and Bulgaria were regarded here as the most likely to Officials Probe WASHINGTON, Dec. 29 (UP)_ A leading HOU.V, Republican snld ItHlay t ml the administration's foreign relief plans have reduced the iiecBiully of writing a baslo farm program at U w next session of Congress. Chalrmnn Clifford R. Hope. R,, Knn.. of the House 'Agriculture Commlttv«, said hl s group hopes' to have the |iro«ram worked out by Spring, But Its chnnces of adoption Hi the next session »r e only "about 50-50," l\e added. "With the Mur.ihall plan In tin Mcture and no Immediate prospects of n recession, we are not under the leccsslty of paining legislation right »*ay," he said. "We cnn afford to be careful and (nke our time " Se« No Need for Speed Tlie current prosperity of Amcr- cnn farmer will not be threatened until 111., nmrkeis being lo shrink and prices fall drastically, Hope 'aid. At the present, he explained he exixwt program Is absorbing Truman's Doctor Listed as Trader In WheatMarket WASHINGTON, Deo. 29. (U.P.)—President Truman'g pergoiiHl vhysicisn—Brig. Gen. Wallace H. Graham of the Army—wan revealed today to havi been speculating in 50,- OOP buahelj of wheat on th« Chicago market last September. Bombing Incident In Nashville, Term,, •\; Under Invtitigation '•' NASHVILLE, Term., Dec. M. >U.P.l Dist. Ally. Gen j. Carlion Locer said today he !• iiivestl- srating a letter written by the striking ,«*.•!wortr-tV Union (CIO) ..to "d'.:'•-. ' - •_ '- !'*! a part of % conspiracy to shut down by violence" the : plant of the Nashville Corporation'here. <s>Lo»er'i . iUtement came alter three expiation* rocked the vicinity of the plant early this morning and after a-man wa* arrester! in- •tlcks of ;;C«ps, tivestlgated . ; »ent to al the pliht "mWvfee "Hose "'wr Monday" In the •' eighth week o t»e strike. A union official said Blytheville will receive operating the Ietter was''.merely a "routlm lunds for the coming year one " 5e " 1 lo urge' all ynlon mem Tlie list of contribution! released ' bels lo tnr " DUl for Picket duty this morning follows: today. Mrs. Annie E. Branson $5 U, S. Branson 50 The Rev. E. C. Brown accord recognition, in view of" ths | °- W. Davis fact that neither has diplomatic' Pauline Lee relations with the Athens govern- . Mrs - W. B. Nicholson ment. Albania still is technically at war with Gieece. Tirana never took steps to send the state of war proclaimed when Albania entered the hostilities against Greece on the side of Italy. 35 23 1 10 Guards Arrcat Suipect Loser sal a ramlflcatioi view to deciding" \ acy was Involved. was the "considering letter wltl If a consplr- Light Plane Damaged In Landing at Manila MANILA, Ark., Dec. 29.—Purccll Ingram of Springfield, Mo., and Bulgaria, which under the peace | llis uncle, Oscar Ingram of Poca- trcaty was directed to pay repara- hontns, Ark., narrowly escaped in- tlons to Greece, recently Withdrew J urv when their Luscomb airplane her diplomatic representatives from Athens. •oops nlif ti were forced down 60 miles south of the crash scene. /\n Air Force ski plane made a daring rescue of the ground glider and transport troopers. Paratroopers jumped to the aid of the four—and possibly more— survivors of the crash yesterday. They carried medical equipment, tents and emergency rations other 11,951 refugees, the largest shipment ever attempted, were on their way to Palestine In two former American liners. Jewish Agency Divided On the political front, tlie Jewish Agency for Palestine was reported split over the issue of Communism, with Moshe Sneh, head of the agency's European offices, announcing his resignation. Sneh has headquarters in Paris but he was reported to be In Jerusalem. Reports on Sneh's resignation said it was in protest against the Anglo-American orientation of the agency's foreign policy. It was reported he favored closer cooperation with Russia and the Communist-dominated Balkan governments. He also reportedly opposed the agency's acceptance of partl- ^on of Palestine. 'WSneh's name was closely linked See DAMASCUS on Page 19 Robert Ashley Buried In Cemetery in Luxor a Osceola, Dec. 29—Grave-side services for Robert Ashley, 76, of Luxora formerly of Osceola, were conducted at the Calhoun Cemetery in Uixora Saturday afternoon. Mr. Ashley died Dec. 24 at his home in Luxora following «. long 1H- ness. He left no survivors. Swift Funeral Home of Osceola was In charge of arrangement*. Dyess Resident Faces saw «n- Grand Lt "ceny Charge OSCEOLA. Dec. 29.—Preliminary hearing for Dormnn Pearson of Dyess, who is being held in the county Jail here on charges of bur- .... __ „ glary and grand larceny, will be Pound to a new high of *1.05. nose-dived as they attempted H landing at the Heeinan Airport here. The two men were en route to Memphis and had been flying without a chart and decided to land at the airport here to refuel and obtain "directions. Purcell Ingram, pilot of the airplane, stated that he circled Manila several times before coming in for a land- Ing. He said that the ship came dlvedjust ling. The plane received considerable <S»m- sizeable aref the plant am minutes aftei Truman Shows Concern Over Soaring Prices WASHINGTON, Dec. 29. (UP)— President Truman says prices have! in°]ow", settled - .-continued to rise since he asked I before making the landing. The were u " BDlc to find the exact lo Congress on Nov. 17 for a 10-polnt nlane rerptvrri M\n«<<te r <>hi. .<-~ ' cations where the blast* inoi anti-Inflation bill, Including price- ration authority. He cited the following examples _, ..„ ._ in his statement explaining why he I Blytheville airport can make nee- had "reluctantly" decided to sign cssary repairs the Republican-sponsored substitute 1 : for his program: , six weeks ago. men's "street": President's Criticism Loser said the man arrested by plnnt guards, listed as A. A. Davcn port. 24, admitted to him that he and another man were going to blow up a big transformer In th plant grounds. Davenport said thi other men escaped when plan guards approached and "fired two or three pot shots at us." The name of the "other man" 1 known to police. Loser said. The district attornev expressei the opinion that the three explo slons, spaced about a mlnut apart, might have been "diversion ary moves" to distract attcntlor away from the plant The three explosions rocked i in the vicinity of came only a few _ _. Davenport had been arrested by the plant guards. Loser advance the "divisionary 1 theory as state highway patrolmen age. The here until mechanicas from the two men will be grounded shoes sold for $8.72 a pair in Pitts-' burgh. They now sell for $938 $26.40. The price of gasoline rose in Los Of Market Gamblers Graham to 'Sell' Angeles from 21.5 cents to 23.3 cents. WASHINGTON. Dec. 29. (UP) — Brig. Gen. Wallace H Graham, gallon White House physician' who was i disclosed to have been In the wheat place. Loser quoted Davenport as saying his part of the Job was to show another striker the location of the transformer. Davenport wa. quoted also as saying a man whom he didn't know look them to the plant and that he and his com- htgh win the plan panlon then climber fence to get on to grounds. ton, D. rose from 88 cents held early this week It was announced today by Deputy Prosecuting Attorney Myron Naming of Osceola. Pearson was arrested by City Marshal Jake Threlkeld and Deputy Sheriff Dave Young Friday night at his home in Dyess and was charged with the theft of four woman's coats and an electric train from the home of W. W Watson Jr., here on the night of' Dec. 22. He is reported to have admiltedd the thefts. According to officers Pearson Is alleged to have entered the Watson home through a front door which was left unlocked and stole the coats from a closet and the train from under a Christmas tree. The loot was recovered later at the home of a relative here. The coats and train were valued at »300 the officers said. New York Cotton Mar. May. July Oct. Dec. open high 3574 3593 , 3554 3572 . 3450 3461 3162 3170 previous low 3574 3554 3447 -3458 316ft 3I6G close 3588 3566 The price of steers in Omaha, Neb., reached a new all-time high of }40 a hundred pounds. 30M 3109 30M jug magazine. New Republic Editor Resigns in Dispute Over Henry Wallace NEW YORK, Dec. 29. (UP)—Wil- linm Harlan Hale, editor in charge of articles for New Republic magazine, has resigned in a dispute with the magazine's management over the support of Henry A. Wallace as a candidate for president on a third party ticket in 1948, it was reported today. . Wallace, who Is editor of the magazine, was expected lo announce his candidacy in a radio address from Chicago tonight. Michael Straight, publisher of New Republic, announced last week that Wallace will not continue as editor .but will continue an » contributor, If he declares himself as « candidate. "? le reportedly opposed allowing Wallace to contribute any further articles to the, magazine, on the grounds that such articles would be viewed us an endorsement of his candidacy by the readers of the he instructed his broker to sell his commodity holding "at « loss or gain" on Oct. 7. He said he made this decision "because of all the public discussion of grain trading." He took this action two days after President Truman denounced "gambling in grain" as contributing to the high prices of food. At that time the President said "grain prices naturally respond to the law of supply and demand, but they should not be subject to the greed of speculators who gamble on what may lie ahead commodity markets." Graham said he now holds no commodities. Mild Days Followed 'Lows Hear Fretting Clear, mild days with near-freezing temperatures at night was Ihe weather pattern here over the week- Earthquake, Tidal Wore Add to Typhoon Damage MANILA, Dec. M. (UP)-Delaycd reports from areas lashed by a tropical typhoon last week brought the storm's death toll to 20 today and Indicated an overall damage far greater thsn a previous estimate of $5,000.000. The town of Mauban In Quezon Province was one of those worst hit as an earthquake and tidal wave coincided with the typhoon Thousands were made homeless and 50 per cent of the dwellings demr>- Ished. although there was no loss of life reported. Eighty-five per cent of the hoii- In our [ sea tn several principal towns of ! the province were destroyed In what officials called the worst storm in the past 40 years. nve more survivors of lh c wrecked Danish motorshlp Kin* reached dhore on a small Island near Samar sui-pluses which depress prices. otherwise might Tlie committee has been holding learlngs on longe range farm programs throughout tlie pn.it year. Id ibjcctlvc Is to write basic icglsla- lon that can serve as a permanent agi-lculUirnl policy for Ihe nation. ThB group toured Enstern and Middle-Western farm .itiltes by bus during the Pall lor « "grass roots" sounding of farm sentiment. The trip was cut short when President Truman called th e speclnl session to consider stop-gap foreign relief Hope snld the trip convinced him that two basic controversies wll arise when the committee gets ready to draft legislation. They Involve the basic party formula and the price level at which the government will support farm products. Several Propoula Advanced Several proposals hnve licen advanced for revising the party formula which t« the government's yardstick for determining tlje extent of support programs.'*«Hope said there Is no basic agieemen on Just what revision should be made. ...... .-j;. ' During 1U trip, th* commttte heard proposals for price sup|x>r programs ranging from 85 to IOC per cent of the parity price. Hope said he expected this Issue to pro volte a slmrp controversy. But there seems to be ahnos complete agreement on some of th basic elements In a fnnn program he continued. For example, he said very few agricultural groups are opposed to some kind of price support, coupled with acreage controls, "where ntcessnry." Furthermore, he added, there seems lo be a universal rtenmnd for a continuance anil expansion of the soil conservation program. The only controversy liere. he s.iiri, Is over the method by which It shouh! be administered. end. The mercury went from high of 62 degrees yesterday to a low of 34 degrees during last night, according to Robert E. Blaylock, official weather observer. Saturday's high was 67 degrees and the low during thai night was U degree*. Missco Delegates Leave for Youth Meeting in Ohio The 11 young people of the Blytheville Methodist Churches and their adviser, left this afternoon a 1 o'clock for Hoxlc, where they wll bonrd the special train that wi] take them lo the Cleveland Con Terence for Methodist Youth. This conference Is sponsored b] the General Bonrd of Educatlor of the Methodist Church, with the co-operation of other boards am agencies. It will be attended by 9, 000 young people and 1,000 adults irom every state in the union am some from foreign countries. This Is the first meeting to be held since 1935, and Is scheduled to be one of the greatest meetings ever held for the Methodist youths In this generation. The delegates who will attend from the First Methodist Church arc. MLss Iva Scay, Miss Joan Tricschmnnn. Miss Ruth Scay, Cnl Gossctt. Miss Ethel Mae Bbcrcit., Miss Juanlta Eljerclt. Marjorlc Hale, and Miss Miunle L. Adams, who Is director of religious education at the First Church. Representatives from the West Blytheville Parish are, Miss Earline Baker. Miss 'Mona Sue Williams, and Carl Robertson. Miss George Ann Stilwell will represent the Lake Street Church, and Miss Martha Stewart, Is one of the delegates from tlie First Church in Joncs- boro, will accompany the Blylhe- vlllc group. They were accompanied lo Hoxie by Miss Moim Moore and Miss Georgia Annabel of Osceola. tower Rate Cut jets Final Okay Ark-Mo Customers To Collect Refund Under New Rat* LITLE nOOK, Ark., Dec. ». (UP) —Th» Arkansas Public Service Commission today Issued an order officially placing Into effect rat« eductions agreed upon by the Ar- (Bnsns-MLssaurl Power Co., Bly- IlKiVllle last April 4. Tlie reductions amounting to $175,000 annually In Missouri and Arknnsas followed an Invtttlgallon started lust February by the commission. At that time, the commission ordered the firm to place prof- Its alwve a six per cent return on its Investment into a separate fund for refund to customers. Commission Chairman o. O. Wine refused to estimate the amount In the Imid anil due the customers, but he snld It would be "considerable." The money has been accumulating since last January and probably *1U be relunded as a credit on customers bllli. Under the procedure Ml up by the commission, the company will split thn Hist. »15,000 In the fund on a DO-SO basis with Its customers. Of the remainder the company will' receive 36 per cent and the customers 1& per cent. Wine said the reduced rate* wera computed on a prudent electric plant Investment of S4.736.6Z} u of Dec. 31, 1946. He al»o said tlmt pending its o*n Investigation, tha Missouri Public Service Commission had agreed to accept the Arkansas recoi lion. Hla name wa* the moat prominent In a list of 100 federal, sUU and municipal government employe*— Including three agriculture department employes—who speculated or traded In wheat on the Chicago wheat market last September. Secretary of Agriculture Clinton p. Anderson said that of th» 100 persona, w were speculating In wheat and one was * *o-c*lled "hedger." Hedging 1« a non-.pee- illative type of trading. Graham was listed aa 30,000 bu*h- els long and 20,000 baihels short on Sept. 17. He sold 10,000 bushel* on Sept, It. DlMlMura (hat Graham **•'• •peculator eame a week after Har«M E. Stauen, RejMibHean preeldenUat aiplrant, challenged thi administration t* deny that roTtrnment In ilden —Including "the executive branch of the Whit* Heiiae" — were (peculating In (•rain. / A "lone/ 1 transaction In one entered Into the expectation that prices will go up. A "short" IK one where the expectation l» that tlie price will go down. A transaction Involving' both "long" and "ahort" dealing Is called "«peradlng"—a method of dealing In which the speculator believes that differences between various future prices are too extreme and hoiien to profit by balancing one type of transaction agnln.tt the other. Qrahum'a position involving 80 000 bushels.of wheat represented contracts worth about 1133,000 at the average price of wheat futures '"". on the Chicago market on the day* covered by Anderson'a new report- Sept. n-20, inclusive. Thi* average price was »3.68. Oraham. however, was on both sides of the market In his "spread- ln«" transactions, with his "jhortt position offsetting much of hi* long »r«»i to ! P 03 '' 1 ""', Furthermore, mo«t grain. mJ^rti i trmdl " f U dont on.inanln, *o that; unmenda- oraham could have conducted hi* Commission Delays Ruling On Dog Races LITTLE ROCK, Ark., Dec. ». (UP)—The Arkansas Racing Com- mUslon today delayed action on two. applications lor permission to .'op- crate dog racing tracks In Arkansas and approved Feb. 23-Mar. 27 u dates for the spring race meet at Oaklnwn Park In Hot Springs. The commission also voted lo leave the breakage split evenly between the slate and the track operators. Tlie delay on the nog racing applications came after representatives of two separate groups asked permission to operate at West Memphis ami Hot, Springs. The commission decided to name an Investigating group to report back at the next commission meeting Feb. 23. -- ucted hi*' 'vatisactlonn with a comparatively »w thousand dollars. ' -.!«* being i«su*4. by 'AiJdenoa rt«r e congressional mandate'lo vk« public the namea of •peculators in the commodity iriarketi. ' Edwin W. Faulty, special asiiilaht to Army Secretary Kenneth Royal], again waa Hated Ma speculator on tha new lint. The first list showed that ht had large holding* ta a number of commodities. The latest Hit showed that he purchased 25.000 bushels of wheat on Sept. Is. He took hla' army job Sept. 3. .. Also listed were: Harold B.' McDonald, a clerk la the U. S. Bureau of Internal Revenue and son of J. E. McDonald, Texas commissioner of agriculture. Springer, Matador, Tex., E. F. postmaster and farmer, who wai listed as a "hedger." The list Included S3 federal em- ployes and 18 state and local em- ployes. Anderson said 72 of th«n were liv the market Sept. 17, 1»47, and an. additional 28 entered the market Sept. 18, IB and 20. „.._.. None of the Agriculture Deptrt- 8. M. Richardson, Walnut Rld«e I men t employes hold Waahlnxton attorney, represented both groups, j Jobs, He told the commission that the Interested parties were financially and morally capable of operating an "elaborate track" at each city. He said they would be "a credit to the state." New York Stocks t p.m. S(ocX» and a motorboat has been dlspMch- | ed to find them, according lo » report reaching here. Amer Tobacco Anaconda Copper j Beth Steel 68 California Dew LOS ANGELES, Dec. ». (UP) Rose Bowl football fans got bad ' news today from the Weather Bureau—there may be showers on New Year's Day. The-forecast was underlined by sprink'o* that fell in the Ixw Anarea today. 33 1-2 102 1-2 . 61 5-8 Gen Electric 34 3-ft Gen Motors 56 7-8 Montgomery Ward 53 1-4 N Y Central 137-8 tnl Harvester 87 5-S 81-8 26 3-4 9 1-4 16 7-8 21 1-4 78 3-8 Sit 3-4 4 7-8 , 11 7-8 North Am Aviation Republic Steel Radio Socony Vacuum .... Studcbakcr Standard of N J .... TC.XRS Corp Packard U 8 Steel .' Leaking Floor Furnace Blamed tor Fire Alarm Fire believed caused by a leaking floor furnace resulted In damage to the surrounding flooring and a wall Sunday morning at the J. G. Trlcschman residence, 607 West Walnut. Fireman also answered * call to 908 South Franklin where an outbuilding belonging to Lizzie Williams, Negro, burned after being Ignited by flames from a trash fire. Bomber Crashes FRANKFURT, Dec. M (OP)—A United Slates A-tt attack bomber wilh two persons aboard crashed today IS miles Northwest of Augsburg, air officials reported. American troops were reported on the way to Ifie scene of the wreck. Officials said the plane was on a routine training flight and crashed shortly after taking off. Truck Driver Drowns NEW YORK, Dec. ». (UP) — Charles Calfa, 57, a city truck driver, drowned today In 20 feet of water when his truck plunged into the Oowamis Canal in Brooklyn as 19.000 workers struggled to clear the city'* streets of a record snowfall. Weather ARKANSAS — Partly cloudy to-I night and Tuesday. Warmer tonight and colder Tuesday. Soybeans (Prices f.o.b. Chicago) open high low 1:30 Mar 39« 398 393 391 May MB SM'.i 3M 394B They were identified as: J. Lee Zimmerman, Lexington, N. O., soil surveyer, who bought 1,00» bushels on Sept. 19. Ralph J. Baker, Lincoln, Neb, soil conservationist, who bought 10,000 bushels on Sept. 19 and sold 5,000 bushels on Sept. 20. Donald J. Smith, St. Paul, Minn, farm labor supervisor, who bought 3,000 bushels on Sept. 19. • The list also named Harold B. Mo- Donald, a clerk In the U. S. Bureau of Internal Revenue as a speculator. McDonald's address was listed as Washington, D. C. Anderson'* aides said he Is the son of J. E. McDonald, Texas commissioner of agriculture, a state Job. Panley's Deals SUrt Probe The only "non-speculative" trader on the list was Identified as E. P. Springer, Matador, Tex., postmaster and farmer. Springer was identified as a hedger. He wu 5,000 bushels long on Sept. 17. He bought 5,000 bushels Sept. 18 and sold 5,000 on Sept. 20. The list included employes of the War Assets Administration, officers of the T5. S. Army, employe* of the Veterans Administration, Naval officers, postal employes and other federal oficlals. Pauley was named as a speculator who purchased 25,000 bushels on Sept. 18. Pauley took hla Job ou Sept. 30. Pauley was not the biggest operator on the lUt. It was Pauley's dealings In the grain markets which s«t off the Investigation. He told Senate In- vtstigatora that when be assumed his government Job he began liquidating all his commodity market holdings. However he skid h« made one latter purchase in ordtr to provide » "bonus" for his em- ployes. The largest operators on the list ^^^ Daniel P. Gilbert, a Chicago police officer, and John E. Turner, Palm Beach, in*., a Naral ensign Each held £-;-itlon» or . made transaction* totaling H,mv fewtttl* during the four-day period. Gilbert wu 40,0f» buahns. lon» and 3»,0<M short bushel* or, Sept, 17. He bousht S.OW »™j sold |,(TO See UNK TBAMM «• I,** U

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