The Courier News from Blytheville, Arkansas on December 24, 1951 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

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Blytheville, Arkansas
Issue Date:
Monday, December 24, 1951
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Page 2
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PAGE TWO BLYTHEVILLE (ARK.) COURIER NEWS MONDAY, DECEMBEH «4, It9l Business Tots Up Us Prof it Loss Statement Outlay for Equipment Mpy Top '51 Period In First of New Year By SAM DAWSON NEW YORK (R'l— Biisines tatted up a profit and loss statement today to show both the strength and weakness of Its posilon. Pn the plus side was the report that business outlays for new plant and equipment In the next three months will top the like period at the start of 1951 by 18 per cent. The Securities nnd Exchange Commission and the Department of Commerce joined to estimate that in the first quarter o( 1052 business will spend nearly five nnd three fourths billion dollars on expansion. The biggest expenditures will be hy defense-connected Industries. But the non-durable goods maters arc planning to spend about 20 per cent more than they did a year ago. apparently 'believing that Inflation is here to say. Steel Strike Fcarerl On the minus side, however, Is the fear of a steel strike hanging over industry, Tills would knock many brave plans Into a cocked hat. And If John L. Lewis' mine workers also threaten a strike later in the spring, the industrial hopes would be further set hack. In retail trade, the plus and minus signs are also crowded. Dun & Bradstrcet declares today "the dollar volume of retail trade reached a. new all-time high in the week ended this Wednesday." Store Sales Drop Against that is the Federal rc- •erve Board's report that department store sales week before last fell four per cent below sales In the similar week a year ago. Economists trying to reconcile the two reports conclude that chain store and. apparel store sales are rising, and suburban stores are doing better comparatively than the big city department stores. TV dealers «ay that many stores ye, doing twice as much business today as they.did four weeks ago. The National Retail Furniture Association says furniture store sales In November topped the 1950 month, bj 11 per cent. Not since Feb- ruiry hive sales topped » year ago. Th« Plan Slpii Uited But against these plus signs are official reports that Industrial production has slipped below its peak »nd shows signs of weakening further before defense product!' plight* it up again. Many factories report new •re still dropping »nd back I lower. Some think this wl tlnue in civilian goods Indus' through the first quarter of 1952 From Tacoma, Wash., however, comet • report the market for DouglM Jtr plywood has suddenly NEW "TORPEDO BOAT" IS AIR-SEA RESCUE CRAFT—Torpedo-like In appearance, tha new air-sea rescue device unveiled by Douglas Aircraft at Long Beach, Cnlif., is o highly versatile rescue raft. Top view ihowi the aluminum alloy cylinder, 20 feet long and 21 inches in diameter,. that contains self-inflating raft, four-cylinder engine with radio controls and food and survival equipment for eight occupants for five dayi. Middle view shows raft beginning to inflate automatically within two minutes after launching. Bottom view shows fully-inflated rnft being propelled by its engint. The craft, developed by Douglas and the Air Force's Air Materiel Command. c;m be launched ind fteercd by remote radio control from a plane or any ocean craft thai la equipped with torpedo tubes. stiffened. For the first time since MaAh, sales have substantially exceeded production, the Douglas Fir Plywood Association reports. Soles last week bounced up to 60 per cent over current production, and are almost twice as high- as the average of recent months. Employes Are Recllk'S A Rochester, N. Y., clothing maker — Bond Stores Inc. — Is starting to recall Its 3,200 employes who have been Idle for several putting ttum »t work .-'.p: < . tfft*'American reported enlarged orders and plans to add a third shift in some department*. Sparking the revival In trade Is the sudden Jump of money In clr- Neither Weather, Gloom-Nor Coffee- BOSTON. (ID— To the Pcstofflce slogan that neither weather nor gloom of night shall hold up the flow of mall, the Boston Postal District today added "nor time out for coffee." Acting postmaster Joseph Finn Issued a directive banning coffee- culatlon to a record 226 million dollars, bunts report today. Customers.~are cl r EMrnip^pi^t 'uleir i money> presumably tfe iid^'BKlU Cl.111.1.' And the N»tjoo»! AfcttlAtlon of Mutual Saving* Banks reports that 140 million dollars was paid out In Christmas club and similar accounts. drinking periods to speed the flow of Christmas mail in the 25 cities and towns ol the district. "This running out lot coffee," he said, "cannot be tolerated In the face or tho biggest avalanche of holiday mall lu all time." S.lfiih Mole Sex' arger of Council SINGAPORE fAP) — Women of arlous Singapore communities are rganlzlng the Singapore Women's Council dedicated to carry on the good fight against the "selfish male rex" and achieve the rights of women. Mrs, Shlrln Fozdar, who is the guiding light In the movement, Issued the following call to the female fold: "We aim to fight for the emancipation of women In Singapore. It Is high time that selfish men who treat their womenfolk as Inferiors are made to change their attitude." Here arc some of the goals: "Equal rights for wonwn in marriage, Inheritance and professions. Provisions for scholarships for higher studies for worUnc Look Into any difficulties concerning conditions of work for women such as trouble with employer!, accommodations". The ruins of Herculaneum wer« discovered' in 1719. Italians Aid Homeland . WINNIPEG," Man. (/I-)—Canadian Italians in Ihc greater Winnipeg area have organized a relief fund for victims of the disastrous floods in Northern Italy. Similar projects have also been started by Italian nnadians In Montreal and Toron- There's a magic to Christmas that casts a star-studded spell into the hearts of young and old alike! Us enchantment is expressed in every hearty handshaice . . . in every smiling face . . . and in every Christmas wish -- like ours •• that says be gay ... be glad . , . have fun! 4 ' Yes, that's our friendly greeting fo you, each and every one! Charles S. Lemons Furniture 1 he Holiday Season affords us the.opportunity to express our appreciation to our many friends for their good will and thoughtfulness during the past year. And with this appreciation goes our wish for a memorable Christmas- one that will be abundant with good cheer and good health followed by a New Year of contentment and good fortune. MEN'S; STORE FRED SANDEFl/R, M«r. To our faithful old friends, to our devoted new friends and to those whose friendships we hope to earn—we wish a most cheerful Christmas and a New Year filled with all the good things in life- Health, Happiness and enduring Peace, We extend this greeting, not because it is the customary thing to do but because it is a sentiment genuinely felt, for as the years go by our appreciation of cherished friendships becomes greater and greater. A^x£A< * >4*%£ : • <«# 'V ** .JfGi < iJ,W /'< '" ^ ;$^w* «IJ; ., 3rjk . WaSSfeL-ai

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