Page 10 article text (OCR)
PAGB TEN BLYTHEVILLE (ARK.) COURIER NEWS WEDNESDAY, -MARCH S, 1948 U.S. Plans to Buy Quantity of Flour Wheat Prices Soar As Government Gets Back in Grain Market CHICAGO, March 3, (UP)—The government returned tentatively to tlie firs!" market yesterday, bolstering the price of whent with atl an nouncemcnt dial it would buy snif.i tlie g 11 • mounts ot flour for shipment to Europe nnd the Orient. Bids on tlie flour were opened yesterday In Washington nnrt an announcement \vill be nmde immr- dlntoly on whether any are ac- Record Catch stepped out of the market. Wheat shot np within a Iran Ion of a cent of the 10-ccnt limit for a day's trading. It carried with it prices on corn and oats. Hog prices, cotton and stocks on the New York exchange joined the np\v-,uiS tmirt. TO Buy Small Amount Actually, tlie amount of flour the- government intends Co buy is quite small. A Commodity Credit Corporation oIIiclM said thr government would buy two cai'Koe.s of flour. 1D,- OCO.OCO pounds of whole wheat flour for delivery on the East Const, anrl 15.000.000 pounds of white flour for delivery nl a West Coast povt. He added, also, that the povmi- mcnt would buy the flour only "i! the price is right " The announcement's effect ( >n the (Stain Drarkct. was extraordinary In view of the small amount involved. An Important trader said tlvj sharp increase in prices caused uy the, announcement resulted from the relatively small number nf traders in the market, Lions Hear Quartet The Herschel Poshce quartet presented a program of vocal numbers at the weekly mcoiiiiR "f the Lions Club vcsterday noon in the Hotel Noble" Guest at (lie meeting was Fred Hill, formerly of Blythcvlllc nnrt now n resident of North Carolina. Rally for Wallace Turns Into Farce As Hecklers Crown 'Miss America' PlTTSBUnCnf, March 3. IUT> — Wlinl started out to be > Wallace- inr-PrcsldciH rally of a group of University of Plltsuurgh students Mondrcy "soon look on a carnival aspect and was cMirmxeri with tl\e "crownlnfi" of a "esv Mi.ss Anirrit.-a. Backers of the rally admitted co-cil took,(he stage at the Invitation of trie Wallace ijioup to offer rebuttal. When she refused to Rive her numc tb'lhe Wallace forces, an anti-Wallace .student In the audience, shouted, "call Miss America." The cry was taken tij> by most former Ambassador Asks $100,000,000 tor China WASHINGTON, Mar. » (UP) — William C. Bullllt, former U. S. ambassador to Russia, yesterday urged Congress to vote tlOO.000.000 In military aupplln lor. China. i This would be in addition to the her : $570,000,000 requested bv the admin- ! Lstration for economic aid to China, j Accusing the State Department of the'way 'things turned out Wrillace I of the GOO students who attended probably wasn't any closer to the While House. ; As tlie meeting WHS about to net unclerwny at Carnegie Lecture Ha", across liie street from I'itt's ciUh- eclral of learning, a group of mnle students dressed In lone, red, underwear nnd wealing "Stalin-type mustaches paraded by the entrance handing out handbills. They urKeri students entering the hall to "ridicule the ridiculous." "Students for Stalin land Henry , Wallace, too, la Ions as Joe can use him)., support today the men we can use tomorrow. The more naive they are, tlie hetlor Support Jlcnry Wallace." the handbills said "The hardest lhini> for them to live down and fiijht is the yoynl raxzbrrry. Lrf't's Rive them tlie heckle, but Rood." Tlie crnwnlm,' of Miss Anii'rlcii ie during the rally when n Pitt he meeting and die girl, later idcn- ifled as put Eldrldgc, » Pittsburgh senior, wa.s marched triumphantly rom the platform. She had asked Marriage The following couple obtained a marriage license yesterday in the olfice of Miss Elizabeth Blylhe. county clerk. Homer Pfttter.sou ami Mrs. Adcle Scott, of Leachville. Individuals Do Not Hove To File A nit-Communist Affidavits,NLRB Declare WASHINGTON'. Mar. :i. (UP>- Iiuiividuuts do not have to til non-Communist affidavits to ob lain National Labor Relations Ooarf services, the board ruled yesterday The board granted the petitio ot Ctcishtou Hal!, an employe Acme Boot Manufacturing C< Clarksvillc, Tenn-. for an electlo ;n decently United Rubber Work crs iCIOi as bargaining ai^cnt f the plant's workers. The union asked the board dismiss Hall's petition on. t ground that he failed to file nancial information and non-Co munisl nfftdavlls. Tlie Ixrrrt i ircied this argument bccatisc the . Veciiilrcinents "arc clearly applicnb 1 onlv to labor organizations." In BOXING or GASOLINE "blindness and apatny" in its po)-i icy toward China, JJullllt said Com-1 munl.st domination of China would I lead to eventual Communist doml-! nation of .Japan and open the f Wallace was "antl-CommunLs'l RS | whole Far East to Communist con- well as nntl-Fa.sctst," Wallace supiwrlcrs never were lieard above thn din of the heck- line audience. At one point in the speaker invited "All you hecklers come to the stage and we'll filvp you a chance to speak." Immediately .10 policemen rushed forward. Not to take the stage, but to hold back the hr-ckler*. qtiftst, He testified before, the House ForclRn Affairs Committee which Is getting ready to work on a "sin- i Sic puckaBe" forelRn aid bill. The ! hill would lump together the »5,- 'iOO 000 0(H) Riiropean Recovery J>ro- Bram, the $570,000,000 China aid request and the extra $215,000.000 requested for military aid to Greece and Turkey. Mines to Wffids A curious fish of the Sargasso sea spends its life clinging 10 weeds by its forefins. It builds a nest like a compact ball and binds it with gelatinous strings. The nest resembles that of' a bird. It's a Mixrr The constant breaking ocean u'av cyclopedia, is very imporia mixing oxyxcn with the. wati the benefit of marine anima. .. of the according to the En- ] he Chenrtault Ready To Testify Before| House Committee TOKYO, March 3. (UP)—MaJ. Gen. Clare L. Clicnnault Is prepared to return U> Washington to testify on China before the House Foreign Affairs Committee but Oen. Douglas MacArthur apparently lias not yet decided, it wan reported Dispatches from Shanghai | noted chennaiilt as -saying he has '«ot yH received an official Invitation to testify but that "I expect to accept." Chcnnault, farmer commander of the "Hying Tigers," _sald the main thing that might interfere would he personal business affairs. He is head nf a commercial airline China. Both men were Invited to appear in person before a Congressional committee In Washington or to .submit memoranda if they could not make it_ Asked whit MacArthnr intended to do, one of his nicies replied that had not given "any indica- New Formula Devised For Jesting Ship* SOUTH BEND. Illd. <UP>— A lew engineering formula for com- nitlng the force necessary to push a ship through the water has been devised by » Notre Dame faculty member. The formula, originated by Dr. Karl E. schoenherr, dean of the university's college of engineering has been adopted oHically by the Society of Naval Architects »nd Marine Engineers. Vice Adm. Edward L. Cochrane, USN <ret.) president of the society, said Schoenherr's formula puvs the calculations of ship resistance and ship power on a common basis Inl all model tcslinc establishments 1n| the United States and Canada for| the fust time. The new method also may be a- dopled by Great Britain and Holland, Cochrane said. Goodly Share Sixty per cent of the world'*! telephones, 80 per cent of its au-1 tomobiles, and 35 per cent of it.". I railroads are located in the United I States. When the suggestion wa.s first made Feb. 21, MacArthnr said he was so preoccupied in Tokyo that he felt he should not leave Japan. COR FASTER MCLIET NEVER Wait Till a Cold GetsWbfset TO SOOTHE n ncn n n a n OK mrtu Quick I U» TlMU Swclil DoubU-Outy No«« Or.pi tion." Other sources c'ose to Mae- Arthur said It was not believed his position had changed Horn the time the sjseestlon first was made. Quickly apply soothing and conv forting GRAYS OINTMENT witr Its wholesome antiseptics and na Uire aiding medication, Nothing else like it—nothing so comforting—or pleasant for externally caused skin troubles. 35c. Get a package today, A little Vicks Va-tro-nol in each nostril r«lie»«» head cold distress last! And if used at first warning sniffle or sneeze, Va-tro-nol actually helps to pr.»«n< many colds from developing. Try it! Follow directions in package. VICKSVATRONOL "Solid protection for you and the children..." i 7»/tr rmLIPS 6615 C0#7XOli£t> * FDR EASY WARM-UP AND PLEHIY OF POWER! tloos n boxor get liis pvvnch? Timing nnd control does it... mid contrnl is what puts the "punch" in Phillips 66 Gasoline! Yes, \ve control Phillips fiG by the careful selective blending of it* high-qtirtlily components to fit your driving needs all seasons of the year! Pay your nearest Phillips 66 station R visit soon. If it's performance you want it's performance you'll getl ^VOLATILITY CONTROLLED" TO GIVE YOU FAST STAKTS! T looks like just 3 pretty piece of paper, Mary, this policy in tfie Life Insurance Company of Georgia. But there is a lot behind it. • First there is the integrity of a grand old company that for 56 years has known a sure and steady growth. There are more than three million of us who own $475,J20,289 worth of Life of Georgia protection. The Statement of Condition shows how sound the Com- pany is. Insurance in force increased $S<j,5J4,028 during the past year. And assets increased 26 per cent. The company lias policy reserve funds of $18,174,612. In addition, Capital, Surplus, and Voluntary Reserve funds for the further protection of policyholders amount to $10,453,763—-this is over and above all liabilities and legal requirements. Last year the company paid to policyholders mid beneficiaries $6,J34,674. • Figures are dull things, Mary, but in this case they mean a lot to us—they mean that for the small amount we pay in premiums we arc buying a lot of protection for you and the youngsters ... if anything should happen to me." COMPILED FROM ANNUAL REPORT FILED WITH INSURANCE Assets rf.n CENT U. S. GOVERNMENT SECURITIES 25.73 STATE, COUNTY ANH MUNICIPAL BONTIS 19.13 RAILROAD BONDS 5.12 PUBLIC UTILITY BONDS 17.13 INDUSTRIAL AND MISCELLANEOUS BONDS 4.38 STOCKS - 483 MORTGAGES (FIRST LIENS) '508 REAL ESTATE 3-26 CASH (IN BANKS) INTEREST AND RENTS DUE ANH Acr.nurt" PREMIUMS IN COURSE OF COLLECTION MISCELLANEOUS ASSETS 56 1.37 DEPARTMENTS 8.190,164.41 6,059,535.99 1,632,035.35 5,452,363.-U 1,393,910.03 1,536,252.00 4,800,419.71 71S.386.77 1.402.76S.74 177,160.19 43«.387.55 ino.no _ _ ? <, I. S3 1. 809. 1 8 Liah'rlitics and Surji/r/s POLICY RESERVES ............................ SlR,l7i,<ill.y5 RESERVE FOR SICKNESS AND ACCIDENT CLAIMS .............. 224,902.91 Df ATH CLAIMS DUF. ANT> UNPAID .................... None DEATH CLAIMS REPORTED BUT FINDING PROOF .............. 5R.949.50 RESERVE FOR UNREPOHTED Ct.AiMS .................... 100.000.00 PREMIUMS AND INTEREST PAID IN ADVANCE ............... 589.417.54 ESTIMATED AMOUNT DUE AND ACCRUED FOR TAXES ........... 467.R90.84 RESERVE FOR PENSION PLAN ....................... 975,837.09 AC.F.NTS' BOND RESERVE AND INTEREST .................. 4SI.J17.40 MISCELLANEOUS LIABILITIES ....................... 3 3 5.11 9.44 Tola/ LiMliliei Except Capital ............... £31.378.0*6.67 VOLUNTARY CONTINGENCY RESERVE, SURPLUS FUNDS AND CAPITAL FOR FURTHER PROTECTION OE POLICYHOLDERS: GENERAL CONTINGENCY RESERVE ........... M, 200.000.00 MORBIDITY FLUCTUATION RESERVE .......... 500.000.00 UNASSIONED SURPLUS FUNDS ............. 3.753. 7fi2. 51 CAPITAL STOCK .................... 5.000.000.00 tin.453.7fi2.il Total ........................... $31.831,809.18 THE OLD RELIABLE • S I N C E I 8 9 1 District Office Bonun HWg. 2<V1 NVcsl Main St.