The Courier News from Blytheville, Arkansas on July 26, 1951 · Page 10
Get access to this page with a Free Trial

The Courier News from Blytheville, Arkansas · Page 10

Blytheville, Arkansas
Issue Date:
Thursday, July 26, 1951
Page 10
Start Free Trial

PAGE TEX Yen for Spending Ends and Saving Becomes Fashion What Will Happen In Fall? Businessmen Would Like to Know By SAM f)A\VSON NEW YORK, July 'IG. W—You never can toll how people are go- Ing to spend their money. The yen to .spend rnn strong through the nation the first part of the year Now saving is in fashion, Depanment, of Commerce officials estimate that in the las* three months toift) savings wore more than double what people put away in the first three montils of the year. What will consumers do thLs full? A lot of businessmen would sleep better if thej knew. The switch from spending to saving was sudden and .sharp. It caused most of the troubles thai businessmen have been having in recent months. They went on producing ana stocking up even aftea the public stopped buying hand over list and began countitig pennies. Heavy Spending at First During- the first jjnrt of the year — when the ' second scare-buying wave was on—consume? spending tapped pre-Korea 1950 by 20 per tent. Savings dropped 30 per cent below the rate of the previous ye;u. Holdings of U.S. savings bunds dropped $300 million, as people soiu them to ouy goods, Home mortgages climbed $1.5 billion, Crusli and bank deposits dropped $2.2 billion Then in March, people stopped buy ing so much, started saving more. They are now pulling away a larger part ol their current Incomes than ,yicy usually do. All the tune total personal Income kept rising. Disposable income—wluit 1* left for spending after laxes—lias oeen rising at an aniiuaJ rate ol $17 billion and is now around $222 billion a year. But consumer spending dropped since March by about 2.6 per cunt. Swelling savings accounts, insurance sales ar.d bank deposits attest to the new savings trend. As an example, the U.S. Savings and I*«m League says that savings associations' assets are now past Hie $17 billion dollar compared with £5.6 billion m 1034. Looking for Bargain* Right now most people are looking for bargains, if they see one. they buy. Meantime, most people so on spending lor their Immediate uceris, and indulging themselves occasionally. At the moment, for example, the nation is having one ol its biggest vacation seasons. People are on the move In record numbers, but not throwing their money around.. Consumer credit has been dropping very slowly In response to curbs on easy terms. Some credit men think that many people soon will have saved enough to make the slitter down payments on the gadgets of their fancy. Auto dealers hope that by full more people will be in position to meet Installment iernw on cars. \ Merchants and manufacturers hope that accumulated savings will make people feel easier about buy ing more freely again — no more • core-buying seems likely, but when the price structure looks firm, peo* pie may come back into the market. O COURIER Hollywood (Continued from Page 8) Englishmen. Let'* face II, I'm h-<vt Minnesota. 11 Gig is now wed to Soplltc FiobCn- stcin. Vl's crackerjack dramatic coach. and he's always being &>kcrt if Sophie helps him with his movie roles. Tlie young answer: "NO." Producer An.son Bund Is admit- i ling that a tot of blondes who can manage a Fu Maiicliu look with make-up, wig and kimono nre hop- plus marl i,l him for castint; Shirley >;mi;i5uch' a real Xippon di.'h, a.; the wife or Drm Taylor in "East is E:'st." Some well-known stars, lie tells it. tried to snag the part, but "t fouiht tor my own idea. This story needs realism. Audiences fcnmv whoii it's a blonde pretending to be an oriental, with Shjrlpy. (he realism is time and the reaction of the other actors is there, too. To an Hcror it 5 like going into the lion's den pnd comintr [ace to face will] Die !ion " . Bond. «ho wrote the slnry an.! Is fo-im-diH ing «ith Joseph B,vnh.ird. Ihinlis Shirley's in Hollywood tn slay. "Site's a truly great actress and very beautiful." He Is Now M;l Ferrer still cant believe it Im talking about the tovei-boy lag t nut's been pinned on iiin, "Frankly, if., a surprise to me." Ihe lean, ganslmsr star with the bntqe-cycd look, sighod. "On the l S13fc. noliody ever said that I was i the romantic type. I escaped it in j LOM Boundaries,- too. But that silly i Part I did with Joan Fontaine in i Born to Be Bad' cooked me. Suddenly n lot of little goo-goo tirls ' were runnlis? up io me and «aymc ! 'Oil. gee.' And it's become wone ' smic 'The Brave Bulls.'" j WheiiK-r he likes it or not, Mel'v uj) to moi.. heart-fluttirini as Maren.' Dietrich's co-star in "CIvucKa- THlkftifr nhout Dietrlth? ! •^!el didn't need a push. Courier News Clarified Adt. HAL SOYLI'S COLUMN Four Great Stone Faces Stare Out Across Dakota Plains, and the Tourists Gawk Upward <r KuaiiMOHE, SD.. July t 'The one next Io Washington? -F'jiir great stoiif lutes on You're a college graduate, John, ana America s past look serenely out you mean to tell me you don't rec- "".iiiw Martha Washington." The tourists are always impicss- aeross the mountains heie. And catrh year nearly 7.10.000 living Americans come to stare up nt o sare up a fills nilnttot of (heir national heroes. fixed forever In granite. I'd by such fads about' the mcm- orial as: The nose of Washington is long- presidents. Heading from left If completed, ihe figures would lie - „- Washlng- Thomas Jctfei-son, Theodore nooserelt, nnd Aljraham Mncoln. Kich measures fiO tcel from chin Io forehead, the height of a five- sUiry building. Tourists Confined The gigantic faces would break into IMK stone grins il tlicy could hear the remarks o[ some tourist; dren are often tetter than their parents al immlni; all four correctly. Almost all the visitors recognize Lincoln and Washington. But, several have stared up at , 405 feet tall from toe to crown. The .sparkle In Lincoln's rye is a 30-mcli-loiiK granite block. A man could stand erect In Jel- fc-i son's eyeball. One question almost eveiy tourist asks is, "How toilif will It lust?" The nge of the mernorliil— it Is named after Charles E. Kushmore. mitiing ensjlucer— was fixed ' ..^... L..(. iDiLiif..^ V i nuiui; Knirisi;, si nuoiiu' eiigiueor—was fixed by confused at tlielr Idi'iitity. The chil- ucolnijlsls at nearly 1500000000 ,!m,, »r« „»„„ > -. .< years they liavcMlniiitcd'the mcm- liul several have staled up at switched his plans U> add tino Roosevelt and demanded: "How did foot to Washington's nose and Tom Dewcv t'et unthnre?" nlninori- oiial would erode at the late of an inch every 100.000 years. Tottl of tills, sculptor Hoi-gUim switched his plans to add another Tom Dewey eel upthcrc?' Oadly, Tiiomas -Icffrtson. who i-rote the Declaration of Iiuk-pcnd- -•ricc slid botiKlit the whole area from Prance In the Louisiana Pur iiom rrancc in the Louisiana Pur- ciats feel they put the wroiw Prcsl- thnse. is the most c-iufa-iing. Manyj<leut lloosevclt on the mountain BUCSS Him Io bt President Moni-nu anil want. In Irim,,, ,..1,^.1 TJI-ID... "That will Rive It another million years at least." Most tourists, probably Democrats feel they put the wrong Prcsl- BUCSS him Io bt President'Monroe, or President Madison. And it is a wonder that Jefferson dlcln'l bliiili al one wife who w told her questioning husband- and want to know when F.D.R.'s face will make n tinintn of the quartet. The answer of most natives: "Never—as long as South Dakota votes Republican." The memorial, first proposed in 1024 by Doane Robinson, a historian, was actively opposed hy many leading Dakota citizens, they liked their Black Hill.s us they were. They didn't want, them turned into a mountain art gallery. Sculplor Took Up (he Dream But Sculptor Boriilum took up Ihe dream. He wanted to put a part of the American story in stone a-i a rebuke to future "selfish, coveting civilization.'!." And he Knitted his monumental carvings placed so blgli they would never be pulled down "for lesser purposes." lie wanted them "as close to heaven as we can," where they would endure "until the wind and the rain alone shall wear them away." 1/15 hoarl, weakened ty years of work in high altitude, failed iu I£H). But his task was largely done. Today, Mount Einslimore is a national shrine. Visitors who come to see It now spend millions annually in South Dakota, Die state Unit at first rejected Borglum's great dream. Near the base of the memorial, Carl and Kay Burgess operate a restaurant and souvenir store. "The foolish questions asked by some visitors are unimportant." said Mrs. Burgess. '•They ask Ihcm In Ignorance. Most who come here are touched by awe and reverance. It makes them feel their conulry in their hearts. "Once at dawn an old couple came and looked up at the four THURSDAY JULY 2G, 1951 Doctor Says (Continued from page 81 of beef. 1 have tried the tenderloin Steaks and find them delicious when a bit of beef suet is used as cooking fat, A—The foot) value of horse meal Is probably just aliuul (he same as that of beef cattle. The flavor Is somewhat different lliulleh some do not notice it. Personally l should prefer beef if 1 could get It. Q When the epidemic of flu wa.s around I scrubbed my house tuor- oughly with a disinfectant In my water. A friend said this was old- fashioned and that hospitals resorted to cleanliness only with soap and water. What do you think about this? C.M.K. A—Tlio virus which causes influenza .apparently .dies .rapidly outside ttie boily and would not be capable or causing: Ihe disease Ions friiui floors and walls even if nolh- i;i^ u'erc ilutit,'. Soap and water cleanliness is as good or belter than ilisiufeclaiif.s fur most (fcrm or virus diseases. Your friend IK right in saying .that .disinfectants .are used less frequently now. The intensity of artificial lighting used for night baseball games varies from about five per cent to 20 per cent that o! day light. faces, and then they began to cry. Many who come here break into tears. The memorial means many, many things to them over many, many years/' It stands for the great America that was to be the great America that is. These Prices Good Friday & Saturday, July 27th & 28Hi Only! CLEARANCE SPECIAL! Ladies Cool Summer Dresses Were Originally To $7.95 Fine toflons, sheer (issue jjingiinms, ravnn liem- berjf prints, smooth chambrays. Hi'/.es SI to 15 12 Io IS, ,18 to II. MEN'S DUNGAREES . Reg. $2.19 S oz. SanTorUeri denim, «t|>per riveted. Sixes 29 to 12. LADIES GOWNS Reg. $2.98 e and crinkle crepe in solid and fancy colors. ,S't/cs ,'il Io Hi. LADIES NYLONS 51 Go. — 15 Denier Irregulars of bellcr rjtmlity hose. Summer shades. Sizes S'/t to 10},-i. SHEETS Reg. $2.98 First (|iiality sheets, I2S I breads per square inch. Size Slxi)!). 2. (!) Kach, or 2 For $ 4. SUMMER BLOUSES Values to $1.98 Cool sheer cottons and rayons. Sixes 31 to .10. REMNANTS Assorted Summer Fabrics SUMMER SANDALS Tool, comfortable Sandals and Ilrcss Shoes in while, black. , brown and red. Si/.cs 1 to !). VALUES TO 4.99 Other Values to 2.99 • \\hile # iMtilticolor In broken si/es, 1 Io 9 Black & White Store Panama's Debt To Nicaragua Paid, Rice Sent PANAMA, Panama. July 26. (if)— Panama has paid Nicaragua's President Anastasio Smoza $121,880 it owed him for cattle, and ricc'-Jimi- gry Panama now is getting 650 tons of that grain Irom Nicaragua. The money was owed Somcza' lor 1.455 head ot catlle shipped earlier this year to Panama's farm and livestock hank. When an acute rice shortage developed here in June, officials be- san preying for deliveries from Nicaragua Scmozu's business representatives here indicated tlv-re'd be no ric'j until the cattle accourr w,i.s settltd. Payment was made Tuesday The Nicaraguans then mc.siaeed the rice was aboard ship and shoulu be here In ahout five days. Tile shortage meanwhile was -;as ed slightly by supplies from 'the Panama Canal ami emergency .siiui- rnem.s flown from neighboring Costa llica. Giant Moth Caught EDMONTON -W,_That was no or..i.iri.y mo th that Mrs. H. Estrin caught in her home. The intruder had a five-Inch wingspread Bovine Huddle Fatal CE'NTRALIA. in., _wj Farmer Murricl Uchlman looked on I storm helplessly, lightning wiped out his fileelevJUe, III., reported: The cow*. huddled, \vith one poking its head through a steel fence, when th* c.ime. Lightning coursed „ the lenic and foiled seven animals. AJI eighth, ktiocked down. A GREAT $fl<!7 S«82 $|43 VALUK! * 4 /s Ql. •'I'int i '/> ft. 5i FKW. HRillHI JIUIiHI imiU WKISXEf. IHE SUtS DUIItlH! CD., fMMFOi!. GIVEN WITH THE PURCHASE OF A 1 quart covered suuce pcm **' H lOVi inch covered French Skillet and Chicken Fryer New exclusive features mean lifetime washer satisfaction. *Coro-Vane Agitator—'Turn- Flo Tub—'Super-Ccntury Mechanism — 'Gentle-Action Damp Drier give you the extra* that make Dexter the finest of fine washers. Small Down Payment. Weekly I'ayments As Low As Double Boiler — show* combination use of sauce pans to make double boiler $ 1.73 306 Main FURNITURE COMPANY Phone 2660

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