TWELVE-' Runs Wild in Shanghai ,' One U. S. Dollar Worth 17,500 in Chinese Coins; Panic Spreads BV WALTEK HUN'DI.E (United Press Staff Sorrcspomlcnl) SHANGHAI, F<b. 12—A financial panic gripped Shanghai today with the price of commodities and foreign currency rising to unprecedented levels, aim atncrnlistituo . Chiang Kai-Shek and Premier T. V. Soong reportedly called government leaders together in Nanking to discuss the situation. The G^neralissimo and Soong were said to be seeking ways lo curb an intlalinnary runaway market in which the price of gold shot up to £-2;\OM Chinese dollars an ounce—10 par cent higher over yesterday's quotation. The U. B. dollar rose to 11.5CO Chinese dollars, up 3.CCO dollars from yesterday's, high. The official rale is 3.350 lo SI. A Shanghai Evening Post sun'cv showed that commodities have ris'- en 80 per ccnt in price in the last two days. Some showed a gain BLYTHEVILLE (ARK.) COURSE NEWS Ship's Propeller Causes Train Wreck Clock's Hands Turned Backward Justice Says oi School Decision Eighteen cars of Philadelphia, I'll., a Baltimore ft Ohio freislil bain were derated in w)>™ a ships propeller, forrrrouiid Inched on a d SlrUCk "" WASHINGTON, Feb 12 m p) --Justice llobm H. Jack*-, : i believes the Sujreme Court hiis given "the clock's hands a bick ward turn" by approving iho'usc I of state tax funds to provide u is ininsportiilloii for chlldnm in catholic schools. Tlic- same 5 to 4 decli',->n IPU Justice Wiley B. Ilulledge to declare that "the wall" establish",! T" » , , by the constitution between c^ ?„,"'?, c " ulch and state is ••neither so hi,.|V ,0- mi e C °" rt ;o linprcginihle io<iay nsvLV? tnuiltlo -'> a ' «"" day. 1 ' .x-.-uii- Th c two justices wrote v'gornus dissents to the tribunal's decision made yesterday i,, a New Jet-fv cnse. Fifteen other states Iwvc laws approving u similar uso u funds, justice Felix Pranl-.'urre and Harold H. Burton Joined j] the dissents. Kutlcdffc said (he majority ,n| ing "Blosscd" over facts In •!„ case, and Jackson said th.. „',.. jorily "insists that we must' do", our eyes to a discrimination" u,a n New Jersey school bo; approved. Justice Hugo L,. Black, MK for the five-man majority said the disputed tax ' "doee no more than provide n general program t o help parents t'C-t their children, i-egardlcss • ot their religion, safely and expcditi- ously to and from Hutledge, however, said ni.ick wfls wro "f iu concluding that the S i " volvccj "miWIc wcirruu 1,-g- ailcl " ot « comnl>u;!ou il « lr - He warned wns a »° w "'» 'Ho inlion of chuioli sl(ltc to bccom( , ij; to tll?i:' Amei'ica. "We are lucky girls to be in the T i ljs | United States," she sakl. lliat! .' 1Ijlfc 's what yon make it—any- then 1 I ernment has slappsd a 50 per cont(__Y ad valorem surcharge, showed the' •, * \~~77 fastest rise 'out domestic foodstuffs!;! f , w , ar , 1 , ) , rirt " nre rcll "' ni were not far behind England w lth \ v i!d stories of Chinese sources commented con-1 ' r ' :al! » c » L '» erally Lhat "all confidence in c;]il uese currency has vanished " was borne cut by the fact UKUI . people anxious to convert their! wcrc ' sno philosophized. -l',v> rapidly devaluating money iiHx>[ mnllv B'r's married American GIs goo<!5 queued uy in front of goldi"' il!l tlrenms n[ luxury living, u-itU- and silversmith's shops and Jewelry i out "">' work connected to it" stores. ; On the Chinese Merchants Stock Exchange, foi , r ii, atilng issucs , )U the slop trade" celling }ji a brict sfssloi), other major shares show- eu uniform la:gc gains. As yuichascrs scnimblcd for a chttTCC to buy U. S. note irom i dlh»v shu: ;j . ojierntors qm-u-d tn.-l per dollar up to 17.500 Chi. nese dollars but were rclusln,. to sen. Some "black market." financial transactions were said to have een effected as high ns 18.000 to commodilv ' ra Pid rise of In », ,•> if / >nM " ro »«-™ hial lAcll-formccI quartern. Some oftscn-crs predicted wfclemroad la. """I 1 ' tell(1| nff Bcssibjy to vio- ,'!^ S0me ""P'-ovcment in Beware Coughs from coinTnon colds That Hang On Crcomukion relieves promptlv he- CEUOT It goes rlffht to the scat or tho trouble to help loosen mid expel germ laden phlegm, and nid nature to toothe nnd heal raw, tender. Inflamed bronchial mucous mom- mmifs. Tell your druggist, to sell you a bottle of Creomulsion with the un- rterstandinif you must like (he way It quickly nllnys the cough or you ore to nave yonr money back. Lite in America is O.K. British War Bride Says' " 311 ?' Wi5 ' <"P>-Ml'S. LlOVtl m * W " r brMC> WBS '•'- fint^ when she heard discom- forCouElis.ChcstColds, Bronchitis TRY MANHATTAN FINER Vacuum Packed COFFEE Can Ib 50c AMERICAN LADY CANNED FOODS Found at PICKARD'S Phone 2043 1.014 Chicknsawba -130 W. Ash S(. Phone 8-55 or 2291 WE PICK UP and DELIVER W. J. Pollard INSURANCE G/encoe Hotel Bldg. 354S We stock ami install precision-engineered International Truck parts-just like the originals in International Trucks. They f,l «,,d ,/„„,/ „,,_ That>s •\vhy they're your best bet-just as any service done in our shop is your best bet, because our skilled mechanics use International-Approved equipment for testing and service, and follow International- Approved methods and practices. So bring your trucks to us for parts and service that produce truck operating profits. DELTA IMPLEMENTS INCORPORATED Gateway Service Sta. Builders of Guaranteed Generators and Starters Phone 983 J. 0. Lcntz Dub Siscmore i,,, CHAMBLIN SALES CO. STUDEBAKER Sales — Service We I5uy and Sell GOOD USED CARS Bill Chamhlin _ CharabUn Railroad & Ash Sts. Phone 2105 FOR SALE Concrete Culvert Tile Sizes 12 in. to 36 in. A. H. Webb Hwy. fil Ml State Tine 1'hone Ulytheville 714 Steel Oil Barrel Racks Any Site T. L. MABRY 423 MISSOURI ST. PH. J6 Be Sure! INSURE With rh* FIRST INATIONAL INSURANCE AGENCY 108 North Second DIAL 2311 for Compf«t» Protection CHAS. BITTNER Sudden Pain Or Stiffness What Is It? ... It m:iy Indicate n Rheumatic Condition—Moim- ifHM Valley Mineral Water from America's Spa—has helped at lloL Springs. Ark., and at IIOMR. We deliver direct to you. Order your supply today. Free booklet on request. Call or Write for Booklet CROSSTOWN WHISKEY SHOP M:i!a and Division Blylhcvlllc, Ark. Aid to Dutch Pays Off In Flower Bulbs LAKE PARK, III. (UP i_ Henry and Marlmis Knjjiphiil.s Jiati no thoiiRhl, of personal return InxL slimmer W licn they solicited cloth- Ing and foodslulf-i from their friends for inclusion in a relief shipment to relatives la Holland However, the Kamphuis have learned • that the good neighbor policy Boinetimcs pays off In solid dividends. They received more than •« choice tulip and narcissus hulbs ft s a grateful "thank you" from thcl, dutch leiicfJciarics, They arc distributing the wartime rarity among the persons who contributed to the shipment. Read courier News Wmit Ads WEDNESDAY, FEBRUARY 12, FARM DITCHES DITCH BANK LEVEUNG eyeryf/ilng in "INSURANCE" UNITED INSURANCE ' AGENCY A. f. DIETRICH, Mgr. BABY BEAR AUTOMATIC ELECTRIC WATER HEATERS 3Vi Gal. - 5 Gal. - 7Gal ALVIN HARDY FURNITURE 113 R;ist .Main Phone 2302 Flowers - - For Every Occasion Telephone -131 and your order .will be on it's way in record time Our Floral Arrangements tell a complete story FLO WER SHOP Ph f.T.J). Service 491 Mrs. J. M. (Macl We Deliver Anywhere Williams, owner Glencoc Bid*. CALL 2611... STOP AT 2611 Don't Hesitate to Ask tor Free Service Listen—We can wash your car in 30 minutes. We use Genuine Alemitc Grease lo lubricate your car. Yes, we have the tires—Dayton — Hood — Goodyear. \Ve also have New Uatlefies. Standard ESSO Gas & Oils, Also Quaker State MARR'S Phone 2G11 AUTO SERVICE Second and Ash Sis. FELIX A. CARNEY C/fy Radio Repair Radios and Appliances 320 E. Main St. phone 2407 ARK. CONCRETE BU5LDJNG BLOCKS Also CULVERTS We are Dealers tor IncTies up 18 Inches THE FAMOUS WATERPROOFING Osceola Tile & Culvert Co. OSCEOLA, ARK. Phone 691 Yes, We Have New Cars You Can Get Yours Today! WILL TRADE FOR LATE MODELS We have „„ ,i isl ,i ay fnr i, nmc(Ua(c delivery-Brand nc w 1—i'on(iac 8 Coiivcriihlc Coupe 2—1'onliiic R Statuettes I—1.S-KJ IMymouUi 2 Door I—19'IR Plymouth r> I'assci)«fcr Coin>c Come in or call, we win try to trade with you. ^ Use Qur Easy Payment Plan. BOO WILSON lOTO SALES Phone 203? Cor. Franklin «nd Main St. Levels and Lines Surveying DRAG LINE FARM DITCHES Wm. R, Overtoil — county surveyor Serving This Area 40 Years Phone Evenings — Boat House, 1% Lake No Waiting! No Delay! In Arkansas - Missouri Tennessee - Mississippi 4% LOANS On Good Business and Residential Property in Towns of Over 2500 MONEY PAID ON DAY OF APPLICATION IF TITLE IS SATISFACTORY Call or Write FLORIDA REAL ESTATE LOAN COMPANY ANDREW J. FLORIDA, Vice-President PHONE 210 Mississippi County Bank Buifding Osceola, Arkansas RoseJand, Ark. SHE MMCES THESE OTHERS LOOK AUWST OH IKE DEMW0 FOR VIFPEE! LOOK.A SWELL! EfiSY..,CtEOIS I NOW I'LL W\SS KL'HGJUftT/SEr HER TO FOR 1947! REST, WILE V3U ROUHP UF NEWSPICTURES O 1 CONCEAL SOUR WSRPPRO^AL DOSES PONS LOU6LS . PICK. Ai.I.KY OOP Vb^.THANKSTO THAT VOUi-iG , MAN'S TIMELV f, INTERCEPTION THE BOMB! A MAGNIFICENTLY HEROIC ACTION,SURPASSED DULY 8V HIS PHYSICAL CO-ORDINATION' GENERAL BONAPARTE'S COMPLIMENTS, / IT IS WE WHO ARE SIR,..HE ASKS THE HONOR OF /- t -~ x HOi>.'OReC) SIR? YOUR PRESENCE THIS EVENING /EH?OH;\ PLEASE CONVEY AT THE PALACE! .,.. J>, SURE! } OUR ACCEPTANCE / TO T;-:;: GE^JER^L!
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