The Courier News from Blytheville, Arkansas on February 12, 1948 · Page 1
Get access to this page with a Free Trial

The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Thursday, February 12, 1948
Page 1
Start Free Trial

i ^ -Cj n O VOL. XLIV—NO. 272 Blytheville Courier Blytheville Daily Newi Valley Lender Blytheville Herald Republicans See Political Gains In Price Breaks But With Controls 1 Divided in Capital, Disputes May Arise ... , B - v Wilson Democrats White House. j&r!< primarily to ^^ids for Europe Jiilted Press Staff Corresnor d WASHINGTON', Fcb 12 (nm_ 51 leans are counting the com™Jh ™? Cl bmk as a P r e«y ittle more £ th* Repul)licil " s - * ;r!!5rt be !f e r for '"'^aOF^rn^tlifs iresidentlal election year. hf 0 f f the dlp '" retail P' 1ce - 5 has not gone deep enough nor affected enough basic living cost items to make a great deal of political medicine for anyone. If the downward trend continues both parties may find themselves within a few montiis claiming credit for lower costs to consumers while they are trying to soothe farmers whose income Is going down, too. In a normal political situation It would be much simplier. The out.s would blame everything on the ins, and that would be that. Normally one party would be out and the other In. But since Januarv 1347. the Republicans have beeji In Congress while Hi, held control of the They share about equally in responsibility for government and the land lias echoed with the charges of each that the other was responsible for high prices. Adroit Move Jeopardized President Truman mac': the most adroit move of his political career last autumn when he summoned congress to return. Legislative leaders thought they were coining , I v ^ e Cmer g cn< .y Pending enactment of the Marshall Plan. They also were advised that Mr Truman would ask for legislation to curb the cost of living. There was discussion between the White House and Republican congressional leaders who got the idea that Mv. Truman's cost-oft- living program would be considerably : less controversial than it turned out to be. Along with the brakes which had been discussed or Intimated by the White House, Truman fired at Congress a request, for limited authority to re- impose price controls, rationing and ceilings on wages. Tlie Republican leadership was astonished if not flabbergasted. A few : Republicans wanted to vote 'Mr. Truinan the whole bill of goods on the theory that his limited program woi'ld only compound the economic collision to his ultimate disadvantage. That being impractical, the Congress refused lo grant any price, rationing or wage con- i trols to the President. P GOP Gets Chit of Hole Whatever they may have snld about it in public, many Republicans felt that the Democratic president had put the GOP in a bad hole in an election year. Mr. Tru- inan was in a pretty good position to continue to ask for the controls he didn't get and his party spokesmen could charge that lack of t.icm was keeping prices up or sending them higher. That is the way it has been so far thus Winter with the Republicans trying to dodge the Democratic fireballs of complaint and censure. Organized labor picked up the argument after carefully eliminating from It anything having to do with wage ceilings. Labor clamored that the choice lay oe- twecn price controls, rationing and roll backs or another round of wage Increases. Now comes the commodity market break and some small but pretty widespread cuts in the retail cost of staples of diet. If the trend continues the cost-of-Hving Issue may be a lot less powerful in next November's election than it promised to be. And that would please (he Republicans more than somewhat, aren't out of the hole Mr. .-„ »n put them In, hut the downward price trend may prove to be a handy ladder. Market leaks' Are Discounted New Orleans Cotton Executive Appears Before Investigators WASHINGTON, Feb. 12 (UP) — Sen. Milton R. Young, I?., N. a.. today asked for an Investigation of E. T. Maynard. the Chicago trader who made upwards of $300.000 on the break In the commodity market. Young called for the investigation as the senate agriculture committee questioned a New Orleans cotton exi>ert who said he never has known, nor even heard, rumors of inside information "leaks" from the agriculture department that would help commodity speculators. E. P. Creekmore, president, of a cotton shipping firm and representing the American Cotton Shippers Association, said he did not think Maynard had advantage of any inside information. "I personally think his operations should be investigated," Young declared. Even before Young called for the investigation of Maynard's trading it was learned that a Senate specula lion subcommittee may call the Chicago trader before it next week. And a special House speculation committee also \,as looking into his transactions. Creekmore said "I think the speculator is entitled to some consideration." He said speculators take risks, and that while Maynard cleaned up one time "he might lose that much the next time." He said "you cnn't have a good speculator without having speculators who at times do things you don't like." Young said he wanted Maynard's trading investigated because 'it may be possible that he is working with 20 other big gamblers." The New Orleans cotton man said he did not think there was any concocted scneme to break the market, he said. Young said he still wondered "if all grain traders are not working together now in the downward plunge of the market." Creekmore replied that tors do not work together. 11 He said that so far as he knew nothing In the way of crop forecasts or helpful Information has ever gone to anyone in advance from the agriculture department. Creekmore testified against a bill which would permit the secretary of agriculture to set margins up to JOO per cent on futures dealings on the commodity exchanges. Presently, the exchanges are merely cooperating with the federal government in the setting of margins Vol- ui>>.ary margin requiremcnis or the Chicago Board of Trade are 33 1-3 per cent. Creekmore's statement was made as it was learned that E. T. Maynard. the shrewd Chicago speculator who made upwards of $300000 in the commodity market break may be called before Senate investi'a- opera- NEWSPAPER OP NORTHEAST ARKANSAS AND SOUTHEAST ^VILLK, ARKANSAS, THURSDAY, FEBRUARY 12, 1918 Destroys 35 Freight Cars S^S£~l?^£H£*=s^;to powered 15-car train. <NEA Telephotol. oeiTOea to iia\e stalled the blaze in the Diesel- Russians Claim Britain and France 'Used' Hitler As Middle Europe Bulwark Against Communism MOSCOW, Koh. 12. tool and worked to turn his a second summary of captured U.v Waller Cronklle United 1'ress Slatf Correspondent (U.P.)—Britain and France intended to Adolf Hitler as n i charged today in Greeks Capture Guerrilla Band Regulars Avenge Surprise Shelling, Parade Prisoners J!y Daniel I,. Thrapp (Uiiilert Press Staff CnrrcspDililcnt) SALONIKA. Feb. 12. (UPi—The Greek Army returned triumphant today with 121 captured guerrillas who shelled Salonika Tuesday and in a carnival-like spectacle paraded them before howling Salonlkans , -~ who jabbed them with sharp slicks i war or + Russia said that the United +— . States, by publishing selected doc[ nineties from the 1030-1941 German Foreign Oflic e file, tried to whitewash Britain and France for their appeasement policy. "As far back ns 1D37 it became perfectly .clear that a big wnr was being hatched with the dirc*-t connivance of Orent Dritain and France," the Soviet Charge said "The fact that the American government mulerlook to make the German file public while excluding documents pertaining to the Munich agreement shows that the United States government is interested in whitewashing the heroes of the Munich treachery and In putting the blame on the Soviet Union." Claims Germany a 'Bluffer" The Russians promised that « new installment in the propaganda to reveal his "sys- tors Monday I em. " He said the only "inside Information" there could lie from Washington would be advance knowledge, on just what Congress was goin" to do on legislation alfcctiug agriculture and tlie commodity exchanges He said that tlie bill presently being considered by the committee was the type affecting the commodity exchanges In such a way that anyone knowing jus! what Congress would do could profit. "As far as the Department of Agriculture is concerned," he said, "I have never known, nor have I heard a rumor, that anyone got inside information." Sen. Elmer Thomas. D Okla asfced if the bill to permit setting margins would have any serious effect on the markets and if knowledge on whether Congress would pass It would be helpful. Thomas himself is under fire in the current speculation inquiry for having traded in commodities. Colder Is Predicted for North Arkansas Weather forecasters in Little Rock today were predicting a possible drop of 20 degrees in temper- Arkansas tonight atures and aridi. North that snow is possible. Blylheville's minimum this ng was 34 degrees, and It was the hird time since Januarv 9 that the morning reading- ha s "been above he freezing point. Yesterday's iiaxiniuni was 43 and .78 of an nch of rain fell during the 24-hour period. Rain was general over the state ust night, the Weather Bureau In Little Rock reported. Snow and rain fell over most of he Eastern portion of th c nation oday with blizzard conditions in he Texas and Oklahoma panhan- les extending Info the second day. The strong winds which drifted esterday's heavy western snowfall "Titrated somewhat, but blowing v still reduced visibility from )odgc city, Kan., south ard Into le Texas panhandle. Heavy rain fell from Eastern Texas northeastward through the 3h1o River Valley and Eastward the South Atlantic coastal ntes. Memphis, reported the heaviest ainfall with 2.07 Inches yesterday, nost of it between 8 p.m. and idnight. Rj>hi was falling over entire area from Northern lorid* to touthern Pennsylvania. Dollar Volume In Food Marts Hits New Peak WASHINGTON. Feb. 12 (UP) — Retail and wholesale store sale, and personal income reached a new all-time high last year, the Commerce Department reported today Retail grocery stores had and pelted them with" missiles. About half of this war city's population of 480,000 out and waited for hours f'or*'in« Greek Nortilern Army's "ftelibry parade" of captives who lobbed mortar shells into the heart of the ! city two days ago. The hooting, jeering natives loved it. Along thc ljn e of march they weary German documents would unsavory i be published soon. ! Tlie effect of British and French the Munich period to -ionclude YirUuJi non, jabbed th c sullen, bearded. ..„„. captives with sticks and showered them with stale eggs, bottles and stones. refusing *tu*u*'i requests If or eertea action against Nad i| sion. the statement charged. The statement referred to three documents to substantiate the charges: 1- The summary of a talk between Hitler and the Earl of Hall- The Streets Jammed fax, then lord president of council and Inter foreign secretary on Nov. HI. 1937. at Obersalzburg. 2. The summary of a talk between !o great that Hitler. Nazi Foreign Minister Joach- tlnwn T i ,-,:„: ---- oul<J no' Pnss »» von RJbbentrop and the late down I.-,,m,ski street, as scheduled. I Neville Henderson. British ambns- jam became so great the military parade down T.simiski strce R dctourcd two blocks lo Ihe water- sador to Germam- front drive, and received an equal- | Sra RUSSIANS ly enthusiastic reception (here i The spectacle was regarded as the Greek Army's bid to quiet public feeling over the shelling of Sa- lonika, in which one Briton and several townspeople were killed and nearly a score were wounded Tlie parade was led by bren gun carriers, mounting their normal March I'asc 4 Sebaugh Heads Group of Fliers Association Formed By Blytheville Group To Further Aviation The Blytheville Private Fliers Association was Itiimcticn last night and c. V. Sebaugh was elected president at a meeting at the Ply- Inn airport restniimnt. OLhcr officers elected were W R Crawford, first vice president-' Ernest Kalsell, second vice president; W. H. Yarbrough. secrclarv- treasuier; and w. I. (Sonny) Os- Porne Jr.. chairman of th« Board of Directors. rid by-laws were Upllols attending 'Initial meeting. ri—./eld on the first McH'nionth. They will begin at 7:30 at the Ply-Inn until further notice, association officials snld. The constitution calls lor n live- man board of directors and It was the decided last night to defer election of the remaining four unlll a Inter meeting. To be eligible for membership In the lilytheville Private Fliers Association, n person least » student Danish Airlines Plane Crashes With 21 Aboard tol;i sales of $24,898.000.000, a 26 per con increase over 1946—the previous record year. December sales also set a new monthly record of M 377 - MI per 000,000. Wholesale grocers did S3 68! 000,000 worth of business, sever cent more than in 1945. Personal Income in 1947 reached new high of 5197,000,000,000 with December Income rising to an annual rate of 5209,100,000,000. Personal income includes wages and salaries, incomes of small business, and partnership, farmers' Incomes, dividends and Interest, rents received by landlord and other types of Individual Incomes. Dividend payments rose to SB 800,000,000. 20 per cent above I9«' farm income jumped to SI 7,000,000.- hio«v .. m 1946. Wages and salaries received by persons in private Industry to- laled 8105,000,000,000 or 415.000 000 000 more than In 1946. Two Bonds forfeited *?'" Bryeans forfeited a bond of »3o.2D m Municipal Court this morning when he failed to appear lo Biiswcr a charge of driving while under the influence of liquor. Clarence Sellers forfeited a |1 5 bond on * ch«rg« of speeding. weapons and clustered with soldiers carrying machine guns. Otlicr troops on motorcycles in trucks and afoot, all wearing the blue and white shoulder patch symbolic of Alexander the Great who also was 3 Macedonian es- coried tlie captives. Like the' liv- slanders, they grinned and cl they moved along Prom a balcony of the Olficcrs Club on Tsimiski street I saw sticks, rolls o; paper, bottles and other missiles hurled at the rillas. most of vih weary even to duck. One guerrilla had a broken c»g streaming doivn his forehead, which bore a fresh gash. Another was oozing blood where he had been jabbrd with a stick. eerrd guer- were loo FRANKFURT, Fcb. 12 IUH)-A j Danish airlines C-47 transport and ' Cra f "f." " OIth of Frankfurt today, and the company said it had received an unconfirmed report lhat JJ or the 21 persons aboard were killed. The preliminary casualty u-porl fu the transport crash was Issued by the home office of the company Jn Copcmiagen. it reported ilial 17 Passengers and four ere .-men were aboard. The first word l ( . the company .was that all tn e crewmen and eight passengers perished. All aboard were reported lo be Europeans. Company reports said Ihe transport flying from Copenhagen to Zurich, faltered and then smashed to earth near the town of Gicsscn milsl hold at pilot's pLTinit and "ave completed a solo Might. PlaJis were made last night lo concentrate on Increasing membership before undertaking other activities considered us objectives. Included as objectives of the association "were the following- breakfast flights, an nlr-markur Program, setting up of a transient Pilots' lounge, supporting inlercsts °f Piivate pilots with regard to aviation laws, support of a move to obtain permanent field lighting improvement ol ticld-lo-iowu irans- porlutiou facilllies, increased availability of winds aloft reports for pilots, ni.-d installation of highway signs pointing out the location ol the Municipal Airport. The air-marker program listed us an objective would include sctiitis; up markers and signs, visible from the air. which would provide pilot.s Hying over BlythcvilJc with information as to their position and directions. The Association authorized Us president to name a three-man committee to make arvangcmenU for breakfast flights and other group trips, Mr. Sebaugh said he Armed Arabs, Hundreds of Them, Cross the Syrian Border Into Holy Land to Resist UN Partitioning. By Sam SouM Unilcd IVcss Staff Corrcsponncnl „ FRONTIER, Feb. 12. , U .P )—Hundred? in their crooked arms, are pourln s im o PalMUne Mon my ! ° Hundreds more cros,cd the border from Syria and Jbanon' These men here tell me (hat mere are at least 7,000 of There is evidence that three m«i+- are preparing for a major operation against the Jews. ON NORTH PALESTINE of Arabs, their rilles slung in Ihe last M hours, their fellows already Inside Palestine. They wear khaki uniforms. They cross the border as easily as you cross a quiet street. Right over there Is a mountain village, somewhere In the Levant from which Palestine is just a walk over the hilltop. And this is only one of Ihe points where Ihe Arabs arc moving into Palestine as the time approaches for the withdrawal of the British and the imposition of the Uniled Nations' partition mandate. I arrived by jeep after a backbreaking trip of many weary hours over muddy mountain iracks. It is a scene of tremendous ac- ivily. Armed Arabs hustle back and orth- from the market place In he village, unloading trucks When 1 pulled up In Ihe village a crowd gathered around. One man as spokesman, demanded' i<JeiHification papers. He relaxed when I showed him my credentials Then I watched the men unload a cargo of rifles which were handed down from a truck to the "mola- hcddecn"_ihc fighters of the Jihad or Holy war for which the Arab spiritual leaders called when the UN decision to partition P.iles- tine was announced. The man directing them spoke to me: "You come upon one of our concentrations here. From here we cross into Palestine, just over Ihe hilltop. There we disperse to previously assigned positions. "This village is our siorcnouse for food. The trucks here brought rifles and ammunition. They go mainly lo Palestine Arabs in the area. "But we are well equipped. And we are ready to get stalled." My sclf-appoinled guide gestured' "Over there are Ihc Zionist set- tlemenu, At different places «lon« arge the border the British increase their units "but the Palestine border Is fig. and they slip through In I numbers." The Arab fighters in die hills sometimes swoop down on the Jews. Two days ago a small force hit a Jewish supply column heading for the settlements in Northern Palestine and killed two Jews. "The Zionists retaliated." my guide related. "They attacked an Arab village and burned two houses They saw a Lebanese Arab sowing In his field Just across the border, and they crossed and captured him. They dragged him to the settlement of Manara and put two bullets through his head. Then they threw him Into the field. That night Ihe Arabs found him. He still was alive They brought him out. "It's small now, but It won't be long befor* we can really swing inlo nclton." Move lo Restore V Controls Over Prices Unlikely Trend of Markets Minimizes Necessity For New Legislation tly Ituynumil Lahr UnHril Press Stuff «:«m'*|i<,ml..|i| WASHINGTON, y,-\>. 12. \ui>i -. The slump in commodity prices win H iT''J" Coll « r(lss to <l"S' ox tho rtculli blow for rationing nml price con rol proposals. «„(, (hero wern conlllcllng opinions on Its clfei-u on othor legislation. It WHS conceded Hint (he pile,, licnd. II it becomes .serious muy foreo a rc-nppmlsiil of legislative plnns. However, (hero wns no Indication (hut Republican Inidm considered it serious enough yet lo revise- their thinking on snob tlitiiM us tnx reduction and rent control Ilii-y never have be™ Mcmllv toward President T.unmti's r v <,m-.s(s lor price, rationing and allocution controls. The downturn in prla-i merely strengthened (hoi,- resist - nncx'. Chtilmian diaries w. Totiey. II N. H., of the Semite liiinkmi; Com-' mlltce. expressed |R.II,.I u,,. dowii- turn would not result In u wenkuv rent control law UK,,, would otherwise be approved. Tin- jircwnl law expires t\b. '29. Sen. A. Willis Robertson, n. • vu " banking committee member.' snld the price break "proves pri«. controls are not needed." And Sun Carl A. Hutch, n.. N. M., snld tlui "it prices level oil, tlicie will be uu prlue control (his session." There WHS less ngrecmenl, on the possible cifccts at t.hc price trend on the European recovery program and the lax bill. A serious rcccsston could affect those measures because o! Us effects oil the government budget. As national I.iconic declines tux revenue. 1 ; drop. May Spuril Kill* Dci'lshm Soule senators believed llu: price turn would uncom-iieu curlier HC- Iton un foreign aid. Sens. John .1 Spnrkmaivp., Ala., and Milton R Young, 'IT; r 'b;,-'';VUevcd uncertainly ' oi'cr'tartlfri nlrl bill uiny have ueen a factor-In touching off n m forcign.alcl bill may have been a factor 10, touohiiiR off the slump. K«paitail$' spokesmen snld only » ««rlt»li( recession would Influence I Iwm'iki-whatever changes they make In the Housc-npprovrd bill to out tecat 46,500.000.000 a year. They do Trial)'Believe a serious slump i» threatened yet. . ••i'lk : Democrats who are favor- alm; to a tux cut believe it Is too early to assess the aftccls of the price break. f Sen. Harry F.' Byrd. O., Vn., snld the price trend called for "close watelilng" in connection with foreign r\!il tuxes, nnd other budget questions. A 10 per cent culback In national income, he said, could wipe out Hie surplus estimated in President Tj umnn's budget for the IW!! fiscal year. S1XTEKN 'PACKS Commodity Price Slump Worst in Nation's History CHICAGO, Clm.les United Feb. U. By Alfird I>e«h ermf SUff C'orreniKmdcnt (U.P.)-Soap and meat price, dropped In ,r,K,rie,s and butcher shop, aero,., the nation U>day „ . result of the worst commodity mtirkol slump In history .i,cV.,m,n, Cambridge, Mass., president of Uyer Bro, (lu, rive m.r?™f 'r" 11 /'" 11 "' 01 ' °' ™ P ' Sl " llctl 1>rlCC5 of *" ™» P"*wU 'He per cent •:„ vicw of rtccllnlng raw material prices" previously cut (]„> pdco of (heir shortening <U " > " 110 * l^ver Bro. Company .nnounc,* w y .nnounc, '•« l«l«> cuts on round stonk. bringing it down to 09 cent, a pound 0-™,t drop in 10 days. „„,„ (1 , oppcil KK ]m , ch ^ u J^fc «»» .cut Hi cents a hundred pounds at Walsenburg, Colo with Dip in Market Healthy Sign For the Nation By A! Kiii-ttiier ATLANTA. O:i., Feb. 12. (UP) _ liobert A. Boylan, chairman of the board of the New York Stock Exchange, said today that the markets apparently have .started a general decline and lie predicted it will continue for nlxnn two years. Boylnn, here lo spent to the board of governors ol the Association of Slock Exchange firms, said at a press conference that be could see no dangerous break in the market in sight. Many large industries and investors, however, are IKHV making. prcixirHlions [or a depression, he said. "I [ircdlclcd the I lie markets were closed toddy* In obsei-vnnce ot Lincoln'* birthday KfU'r crushing „,-,„„ „,.,<.,,,. ^ all records for a single momb's drop In (he ioo-yeiir-olil history ol tile Chicago Hoard of Trade Not cvon hi the w uo's. when poiverfiil ui-nin Ir.irmia ttinifilU lo ruriMT 11m market mid set the I'lll'o of thi! wilrlil's thi-lr deals In tbr <'| •** .,... \.i....,.„,, „.,,-, 4l l>". ivas llu-re ,-i more r»|ild iirlce drcllne. The record bcxiks of the board of trade showed Unit not sine,. 1MB, Ims Ilicre lii'en a companib!,. ,(,.. clllle, mid yesterday's nmrkct break suriuiKMMl even thai one. On Muy to. luntl. wheat for delivery In May sold for $l.tir, „ bushel. Ily Ihe end of ih,,t ,tw,M, It hud dropped co cents lo $1 us a bushel. Since .Jan. Ifl of (his year. May wheat has dropped (Hl'.i ccuu a bushel from nil nil-time high of $:i.0fi'i lo yc.slerdny'.s closing price of $ r i.:n, The present price break surpassed the moil record despite the inct Hint wheat now Is limited lo a 10- cetit dally lass In the hocllc OO's Ihci'c were no limits. Two severe dein-essloils hnvu fiitl- ttl lo send grain prices down a.s fast RS they have plunged since Jan. 111. Since Iliat day. May corn hns dropped from nil nil-time peak ot $2.70?i to a low yesterday of $2.05'/i —a iott'ot 65"; c-cnl.i a "bushel. "Thli 'stirp.i.sscd even the 189S bvcuk' .iA';'vn r n. Of*-' JIMj breaks rtcrurrrd In IMt/.nn ( U31. when tln> hnard "'a* M^i'nt -ttt rlo.s't^ fnr (wo days anil tfavttn wire set on Hie dally Inss. 1» 'liWNi itwn market crash- is, nrWtU •H«w>ed further hut nnl ur.trtjr jir'JMI. Thc 192!) crash In V.lln« % •- •*! compiirril »Hh Ibn prcsewt uilf. But whether the crumbling whcnt Eating Habits To Be Studied Missco is Selected For. Participation In 5-State Survey Mrs. John W. While of Fayelte- vlllo, field supervisor for the University of Arkansas' rural food consumption survey to be held In Mississippi. Phillips , UH | Jefferson Comities, nrrlvcd In Ulythcvllle to iieuln plans for the study which U expected lo get underway In this county within two weeks. The food habit survey Q f f nrnl families will be carried on by th» five ™ou"i nl Ex|>crl " lu " 1 Stations ot with the National Home Ecoimrnlc" I ureiui of the u. s. bepartment of Agriculture. Surveys will be mada nnly In certain counties of each of the five slnics where funning I. Ihe chief means of livllhood. The purpose or uie mrvey Is to deleriiilng how gootl a diet Sooth- em farm Inuiiilcs have, whether th« cash income or the type of f nrm i nK engaged In effects the quality of the fan Ily s diet nnd whether families that raise part of their food h»v« belter meals than thoat who < purchase all of me food „(,, £, White explained. The five stnte» In which surveys will b« nrndo are Arkansas, Mississippi, Tennessee, South Carolina and Virginia. In Arkansas and. Mississippi the survey will be carried on In the three top cotton „ Producing counties. In-Vlrginta surf |)i lees would bring the price of South, Carolina th«'leading t6bflcra broad down In thc Immediate fu-1 Producing counties and to Ten ' turn was another question, and "essee the self-sufficient moont. aln counties will be checked ^ Farm families In slx.>,,JecUlly designated arcus of Mississippi County will -be Interviewed by lo'caJ workers «s to how much food it grown at home, how much of that grown nt home is eaten by the family nnd how much nnd what kind l> purchased, Mrs. Whit, stated Each of th» six .rtas in Mississippi County which were picked by the National Home Economics Bureau In Washington for the survey nre approximately- oiie-mlle-squnre in area and ar» located as follows- in the Big Lake bottom lands between Manila and Leaclwllic, the Pawheen rn*>i,,M..iji.. r> .. ' *«wnti.n many sources said housewives might be In for n disappointment. It lakes a bushr-l of ' y.'hcnt to make us loaves of bread. Since wheat prices linre tumbled nbotit l>5 cellls, presumably bread prices should come down R penny a loaf, Home rclail bread price reductions Iml'c been mnde since the grain decline brxan. bin baking Industry sources said-, these were due to "uornpellllon and headlines." Wheat sold ul toduy's lower prices will not nppcnr as bread on the grocers' shelves for months. The corn decline ultimately will have Its affect on pork chops and bacon. Prices on both Items have declined during the past week, but priclpnlly because of consumer resistance which has cut retail trade heavily. 11. M. Conwny, market analyst for The National Livestock Producers' Association, said Hint roughly It takes 10 bushels of corn lo put 100 pounds of flit and flesh on a IIOR. Hi-tall Stnrrs Slashing 1'rlcfs Thus. It cost thp farmer 527 to futlen a hog by 100 pounds fit-fore corn prices came down. Now 11 casts 20.50. theoretically. Tl . North of Tomato on " Sand th» Tomato vici- niu ™ w,, n 8 vc- nity, from Wilson East to the levee, and 1-renchnmn's Bayou South and tast to the county line Two surveys will be' made sh« stale«I. the first merely as a cen S U3 arid the second to select the families for a final Interview. A lo(a i o , 60 amtlles in the county will be asked '* residence area will ba number, she on the surve period or about two ye; Boylan said he could see nothing ' Wholesale meat prices during re- to become alarmed about over this cnl1 weeks, however, have dcscrfd- decline; lhat it was only a healthy i ncl nt n " 1<>re r "» ld I );lcc than that. leveling off. ( The American Meat Institute rep- He said that immediate results of : lcs ™ting thc packers, said Hint the rect-ni market decline would ' '"""* '*" cre '•'•"'"" m many cities 14'5 probably be a droji all along tile line j ct! "' s " I""' 1 "' ' rom the January in prices housewives must (lay for ' P cn '*. groceries and other domestic needs. A sump in the commodity markets, lie said, indicates a sympathetic decline in oilier markets. Boylau said lhat the upheaval in in UIL linancial slructure of the country which many feel will lead to tlie ''Rood old days" In prices is a healthy thing If it does not m't oiil ot baud. Mrs. Hubert Crumb, Of Near Gosnell, Dies Mrs. Lillian Crumb, 2ft, of near Gosnell. died last night at the Blytheville Hospital Mowing a short Illness. Funeral services will be conducted Saturday afternoon, 4 o'clock at Cobb Funeral Home Chapel with the Rev. L. c. Ramsey, pastor of the Assembly of God Church, officiating. Burial will follow In Dogwood Ridge comclery. She is .survived by her husband, Hubert Crumb, and one son, Hubert Crumb Jr., her mother, Mrs. Tcra Ucel of Walnut Hidgc: three sisters. Mrs. Louise Shaver of Lake Worth. Fla., Mrs. Pear] Fossey of Alicia. Ark., Mrs. Pnnlini* T.iftt** nf Rll.vellville, Ala; four brothers. Ear! Bryant of Arkansas. William Bryant, ot Holland, Mo., Billy Jo Bryant stationed with the Army in Germany and Charles Bryant of Walnut Ridg». Bacon has dropped from 51 cents to 30 cents In wholesale trade. Ihe j Institute said. Loins, for roasts nnd chops, have declined as much as cents In many localities, and sides of dressed beef of grades are off 314 to 6 varying cents a will be mentioned. Information obtained from tha survey will be assembled In Was ! Ington wltJi that obtained from sur- Cnrl r' °" In other stat <* ana be released for publication Beneficiaries of ERP Must Help Themselves WASHINGTON, Feb. 12. (UP) _ 'Tim On,.n*. V-,-- ., - . *"*' ^~ retail ! "°"" d "A s|>ot check around tlie country Imilcalcs that already many of these declines arc being reflected the Meat mm SC " aC nuttee cut Oom- in retail stores." tlll ° sald - I He Weather flurries in Southeast sec- Arkansas forecast: Occasional sno\v and much colder tonight. Low temperatures tonight H to 20 degrees In Korlh and West por- tloas and 20 lo 25 degrees in South- cast section. Friday, cloudy and parlly cloudy and continued cold Snow - - lion. Minimum thui morning— M. Maximum yesterday—43. Sunset loilay—5;40- Sunrise lomorrow—fi;48 I'recipilation, 24 hours 'to T a.m. today—.78. Tola! since Jan. 1—8.03. Mean temperature (midway between high and low)—38.5. Normal mean for FVb 43.+ This.Bale l,a,st \>ar Minimum this morning—33. Precipitation, Jan. 1 to this ddk , - ee voted iinanlmolsly today to off Marshall plan aid to any e ,'l n - ' Wtion - 5 wnich 'a" to their own production eceiving countries also would n«ti- lose u. S. hefp if ^,53, "" <°« Pl*l8e to reduce ^ trade barriers. Livestock „?£. LOUIS NATIONAL ; YARDS. Feb. 12. (UP). _ Hogs 5,300, saiable 5,000;'TairTy ?£' ve - ,, 25 . '« 75c higher than Wednesdays average, mostly 30 to w°h 5ows K to mcvst 'y S0a 300 Ibs 22-23.35; 'aoO to 's5fl Ibs 19.25-2S; 160 to 170 Ibs 22-23; 130 to 150 Ibs 18.50-22; largely 2150 down; 100 to 120 Ib pigs 1350-18 Sows 450 Ibs down 18-18.75- over 450 Ibs 17.50-18. Stags 14-16' Cattle 1,700, salable 1.500; calvef 600, all salable. Early inquiry quiet. Market mostly steady A few good mixed yearlings up to" 25; medium kinds largely ig-22; common and. medium beef cows 16-IS; odd head good afbund x iS-20;' cuniier »ri cutters largely 13-ie.

Get access to

  • The largest online newspaper archive
  • 11,800+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free