The Courier News from Blytheville, Arkansas on February 1, 1950 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Wednesday, February 1, 1950
Page 1
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BLYTHEVILLE COURIER NEWS VOL. XLA'—NO. 267 Blytheville Dally Ne Blythevllle Courier Blytheville Herald Mississippi Valley Leader THE DOMINANT NEWSPAPER OP NORTHEAST ARKANSAS AND SOUTHEAST M1SSODM BLYTURVILLB, AKKANSAS, WEDNESDAY, FEBRUARY 1, 19150 TEN PAGES Assessments for '49 Near $22,000,000 Personal property, real cstalc and utility assessments in Mississippi County for 1949 total a record high of nearly §22,000,000 that could bring nearly seven-eighths of a mill SINGLE COPIES FIVE CENTS Lawmaker Sees No Future Cuts In Income Taxes Rep. Martin Says Reduction Passed in 1948 Will be Last One -• BALTIMORE. Feb. 1. f/T) — Rep. Joseph W. Martin, Jr., (R-Mass), Republican leader of the House, predicted today there will be no Acome tax cuts for many years. He sharply criticized red-ink spending of the Democratic administration and pointed ,out that the last income tax reduction was passed by a Republican congress in 1948 over three presidential vetoes. "I make the prediction today." he said in an address for the Advertising Club of Baltimore, "that that tax reduction will stand for many years as the last income-tax reduction enacted by an American Congress." This sweeping forecast made no reference to (he possibility of Republicans gaining control of Congress In the 1952 presidential election. Martin took shols at the Democrats for high laxes. subversives ir government and Communist successes in China. Hits Inflationary I'lans He said he had often wished "tha ws might somehoiv harness all tin wonderful skills, energy and genius of the advertising clubs throughou the country In the great battle thai If now being waged for solvenci and constructive orcier In fedora ^^ministration.'' ™Ke" Viitaukeu" as ocneiiling no one the "inflation program now clearly mapped out," and said President' Truman's prediction of $12,000 nv- ebge income in the year 2000, didn't calculate what the dollar would then be worth. "If the purchasing power of the American dollar falls off as much In Ihe next 50 years as it has in the lust 50, it will be worth about 18 cents." he declared. "Then the $12,000 income for each family will represent $2,160 in 1939 purchasing power." '49 Cotton Yield'Falls 14,862Bales Below 48 Mississippi County's 10-19 cotton yield, based on gin„_ prior to January 10, was 2G<J,G89 bales whicli is 14,862 ess than was reported at the same time in 19'19 for 1948 pro- clucUon, it was disclosed yesterday by the Census Bureau v .__, _,-._ ,„ „ „,,,„,,_! >-•• .11 j^ I J^llI IJ .lli V til-tJjy II Lilt) <Ji <l Mill- lion dollars in tax revenue this year, it was disclosed yes~+ terday. Record assessments of $21,955,509 for .1949, on which taxes will be paid his year were announced yesterday by County Auditor P. E. Cooley md Miss Elizabeth Blythe. county :lerk, following closing of tax books Tor the current year. These valuation totals, compiled by Mr. Cooley and County Assessor Herbert Shippen of Osceola, show that assessments have increased during the past year nearly as much as they did in the previous four years. The increase for the four-year period was S2,- 200,915 while the increase for the lasf .vear alone was S3,161,613, a nearly 10 per cenl gain over the 19IS lolal of SI9,103,fH6. Assessments ngainsl real estate, personal property and -.utilities all show increases over 1Q48 figure; but the largest gain was on persona: property- a jump of 5977,289 01 about 17 per cent. Personal properly assessments fo; last year totaled $5,707,554 as compared to S4.790.285 for 1948. Next largest increase was in utility assessments, which totaled $3,. 416,499. a 19 per cent increase ovci $2,770,833 for 1D48. Grealest. assessment lota] wa against real estate In the 16 school districts in Mississippi County last year, which was valued at 512,771,516. This represents an increase of more than four per cent over the 1948 figure of S12.232508. Assuming too per cent cnlU-ction. la.ves (n be paid on tlie record 1919 assessments will result in S8G2.828.02 in revenue for the county and Ihc eight incorporated louns in it. Real estate and personal property assessments in the Chickasawba District exceeded those for the Osceola District by S394.8B2. Assessments against real estate in the north half of the county exceeded ./Hps" ii\ 'he r:".tih ,^ilf, but per- -soii;.; property' valualions for the Osceola District ^ycre greater.- than those for the Chickasawba district. In'the Chjckasawb'a District, real estate r assessments, totaled $6,668.411 andVpersonal: property valuations amounted to.-$2,798.565. For the Osceola District.:, assessmenls. totaled 6.103,105 on teal estate and $2,9C8,- 93!) on prrsorial property.' Increase in District In the Blytheville Special School District No. 5. assessed valuations imounted to 56,054.552, the largest ,otal for the county and a new high for the district. This Includes assessments of $3.344,250 on real estate, $l,j73,!)lo on personal property md $1,236,392 on utilities. This is a 13 per cent increase over the 1948 issessments of 55,282,450. Ranking second according to as- iessment totals is Osceola District No. 1 with S2.414.7liO, which includes valuations of $1,230,080 on real estate. $842,065 on personal property and 8342,021 on utilities Wilson District No. 25 is next with total assessments of 52,221,459. Total assessments in the City of Blylhcvillc last year were 54,499.218, a jump ol 29 per cent over 1948's 53.474.922. Assessments on real estate within Ihe city totaled 52270525 on real estate, 51.297,405 on personal property and S931.188 on utilities. For the Oily of Osceola. the tola] was Sl.249.523. which included $671.- S30 on real estate. 5504.445 on personal property and $35.545 on utilities. Rural real estate war; not assessed this year. City real estate was ass&ssed this year for a two year period. Tolal assessments for the eight liKOrporotcd towns and cities in the county amounted to $6.925,496 These municipalities are Dlythe- •-ille, Osceola. Dell, Manila, Leach ville, Lnxora, Joiner and Keiscr The 1949 total for these municipalities is an increase of slightly mori than 21 per cent over the 1948 tola' of S5.48B.433. Cily to Get Nearly $50,000 A breakdown of the $862,828.02 ix revenues possible on the basi of 1949 assessments shows that S49 911.32 would go to the city of Blytheville on the basis of the II.1- mtll tax rate applying to residents of the city. Other divisions of this revenue would include $12,131.39 for other municipalities, based on the five- mill general tax assessed all Incorporated towns: 5109,777.84 for the county from the five-mill general revenue tax rate; and 565,866.71 from the three-mill road Uix. Not included in the total is another Sl-VSGS.?] which Ihe voluntary road tax would bring the county, assuming 100 per cent collection. The office of Sheriff and Collector William Berryman will open Feb. 20 lo receive payment of taxes based on the 1949 assessments. Deadline for paying these taxes Is Oct. I. Reds Reject Protest PAE1S, Feb. 1. (AP)—Russia today rejected Prance's note of pro- Icst against Soviet recognition of the rebel, anti-French regime in Indochina, in Jonesboro. The lower yield In this county was in line with the trend in tli«' state which reported 1,584,825 bale^ for 1949 ns compared to 1,834,801 jales for 1948. vjA- But tlic yield for all cotton^ . -osving states wan up more thin 1,500,000 bales, the census bureau announced. The 1949 total, as of JJanuary 16 reports, was 15,641,310 rales. This compared with 14,140,444 bales for 194B. The figures for this county and nheis in the area were announced by Taylor Golden, who is in charge of the Joncsljoro offices for the Census Bureau. Oiunings for countries in North- ,ir-»>B">.»u • Cr&tenrirn . Crow •'!*>'. a Arkansas were listed as follows: lunty 'Ctofcurne 1949-50 50,984 3,840 lOi',670 124,928 48,031 49.719 ThdcpCTKiencc . .. 7,480 Izard 3,213 JaJckson 45,200 Lawrence 22.280 Mississippi 264,5R9 Poinsett 112,340 Randolph 19,303 St. Francis 82,34fi Sharp 3,518 White 18.943 Woodruff 33,095 1948-49 44,387 5,332 90,510 125,412 44.626 •40,540 9,166 4,675 55,833 23,042 279,351 129,769 18,187 85,282 5,257 30,575 41,527 CongressmenOkay H-Bomb Decision WASHINGTON, Jan. 31. </]>)- Congress members generally applauded President Truman's decision today to go ahead with an attempt to make, a super-power hydrogen bomb. " ~+ Rep. Hollificld (D-Callf) inter rupted a debate on a cotton acreagi bill to tell the House of Mr Truman's announcement. There was a scattering of ap Clause. Hollifield is a member of tin Senate-House Atomic Committee. Senator McMahon ID-Conn), th chairman of this group, told re porlers he had advised the Presi dent some time ago that he favor ed every effort to build the H bomb. 5,575 Vehicle Licenses Sold By Deadline A total of 5,5!5 motor vehicles have been licensed In Mississippi County without penalty, according to the Blytheville and Osceola offices of the Arkansas Revenue Department. Late purchasers were to be pen- ^lized today and both offices indicated that (hey were still coming m, after both offices remained open until the midnight deadline yesterday. In North Mississippi County, 3,300 licenses were issued, and it wns estimated that 5,000 motor vehicle owners would obtain licenses this year: At Osceola, 2,215 licenses were Issued and it was believed that at least 265 would be issued. This would bring Ihe figure up to the amount sold last year. During the final day for obtain- in? licenses without penalty, 190 licenses were issued at the Osceola office and 230 were Issued in Blytheville. Mrs. Mary Clay Hughey. supervisor of the Osceola district, said that the office was rushed until 1! p.m., but there was no rush the last hour prior to the deadline. At Blytheville the office was open, but there was no rush. Weather Arkansas forecast: Occasional rain this afternoon, tonight and Thursday, except some frcezina tain north portion. Continued cold. Missouri forecast: Mostly cloudy tonight with occasional light freezing drizzle south. Thursday, mostly cloudy with occasional light snow or freezing drizzle southeast half. « little warmer Thursday. Low ton 'S'ht. ii, 20's; high Thursday. 28-32 Minimum Ihls morning—32. Maximum yeslcrday—34 Sur m today—5:2D. Sunrise tomorrow—6:58. FfeclptUitlon 24 hours to 7 a m today—igs Total since Jan. l_n.3g. Mean temperature (midway between high and low)—33. Normal mean fo Mmunry—399 This Dale, '-: , Year Minimum this morning—is. Maximum yesterday—33. Precipitation Jan. 1 to this tiatt —8.17* , . Early Senate Vote on Cotton Bill Is Sought WASHINGTON, Feb. 1—M'j totton state Senators plugged today for early Senate action on a House - approved bill allowing a most of up to 1,1400,000 more acres n- cotton planting. The measure sailed through the House on a voice vote yesterday fter it had been delayed for days ly civil rights champions vexed at Southern opposition to an anti-job discrimination measure. Several dairy state members also contributed to the slow-down because of Southern support of legislature repealing oleomargarine taxes. .One. of these ,JJep. August 'H- Andersen, <R-Minn), iutrbduceVjj'a motion yesterday to return the'''cpt- s ton measure to the Agriculture Committee for further study. This motion was defeated 240 to I3C, to set it up for House passage and movement to the Senate. The legislation would provide more acres for planting by farmers who suffered the severest acreage reductions under the new acreage allotment net. Voters in Hayti Approve Bond Issue for Sewers Voters in Hayti, Mo., yesterday aproved a $225,000 bond issue to extend sewer and water mains there in four directions to accommodate occupants ol new additions that arc being developed. Mayor J. H. Wilkes said loday that the election carried by a vote of 181 to 31. and that there was no concentrated opposition in either of the two wauls. Mayor Wilkcs said that $112,000 of the total was to be retired by a direct tax on the property oancrs, and that $113,000 would be retired by water revenue. He indicated that work on the extensions would begin'n.s quickly as weather conditions would allow, but said no estimate had been made as to the number of families that would be aided by Ihc extensions. FireJ)estroys Shawnee Gym Blaze Is Joiner's' Filth Major Loss In Past 3 Years Claude E. Sparks, Jr. . McMahon added: "But there ar some other things that we shoul< do in the political field. I intcni to speak about them on the Senat floor shortly." Senator Lucas of Illinois, Democratic floor leader said he thought the President had made the right decision. Lucas added: "Tlie free peoples ol the world kno\v that this country will not use a bomb of this kind or any other bomb unless we are attacked hi' an .aggressor. I; am confident fKaV-etepotentfality -of ^destruction that_ Is inToived ; in the hydrogen bomb will ^ultimately be the-in- smmierit which will bring mankind to its senses. "r pray God thai we may never have to use it." CniiiisiHy Approves Other comment: Senator Connally (D-Tcxl, chairman of the Foreign Relations committee: "I heartily approve of the action of the president I think it was wise and of great importance." Senator Tydings (D-Md), chairman of the Armed Services Comniittee: "I think the President has taken the only course possible under the existing circumstances. "All of us wish that atomic controls with proper inspection would make it unnecessary to proceed with the hydrogen bomb. So long as that control and that Inspection can't be obtained, we have no alternative except to keep America strong where no nation can attack us without rear of equal or more potent attack." Blytheville Gets 1.86-Inch Rain Severe Ice Storm Reported in Some Parts of Arkansas Continued rain from 7 a.m. yesterday until 7 a.m. today brought another 1.8(1 inches in the Blytheville area, boosting the tola! rainfall for Blytheville In January. This is nearly 10 inches in excess of the normal mean rainfall for Blytheville in January. The temperature fell lo the freezing murk during the night but started tx> rise soon enough to preclude icing on streets. The lem- jerature at 7 a.m. today was 34 degrees, the same as yesterday's maximum. The Arkansas weather forecast called for "occasional rain this afternoon, tonight and Thursday." Some freezing and continued cold rain was forecast for the north portion of the stale. Big tjike was reported to have risen slightly although no official measurement was .ayaiLiblc.-;Al- though there*,were s iyfour : ;;tb'';flve Changes in 3 Staff Positions Announced by Courier News A. A. Fredrickson has become ;miricr News associate editor and H. A, Hatncs assistant publisher, H was announced today by Publisher Harry W Halncs. Mr. Fredrickson replaces Jnmcs L. Vcrhocff, who resigned tho top editorial room position recently to direct the development of Garden Acres, a suburban building project In Little Rock. Claude E. Sparks, Jr., ol Jonesboro, Is slntod to take over duties as wire editor next week. Mr. Fredrickson first became as- .ft.9B^,KPproas. traffic" irw reported .crossing this morning. • "' ' Ice Storm Hits LITTLE ROCK, Feb. 1—<rt>j—Ar Ice storm, described as the worst in history in sotne sections, ' crip pled traffic and communication^ throughout the north half of Arkansas today. Broken lines left several conn- lies virtually without electric power. Damage to timber was reported heavy. The sheet of Ice extended from t h e Arkansas-Oklahoma bottler Fort Smith reported the worst icing In 15 years, to the northeastern corner of the state. soclatcd with tho newspaper In 104 as a re potter. Since that lime he has'scrved as wire and city editor. . Mr. Sparks is a recent graduate of the University of Missouri, ['rlor lo his graduation last month, he had been employed by the Jonesboro Sun for two years. H. A. llalncs Joined the newspaper last summer from the staff of the Salisbury, N.C., Post. The shift will Involve no other changes in personnel, it was announced. NLRB Unfair Labor Practices Case Against- Lewis and Coal Union Opens WASHINGTON, Feb: 1. (/l>,_l'hc government todny argued to a federal court that current coal strikes and slow downs arc unfair labor practices. It asked the court, to order John L. Lewis and his miners + to stop these tactics. The case Is that brought by Robert Denham, NaliomT latlons Board counsel. President Tnunnii has said Demonstration Halted NAPLES, Italy, Feb. 1. (AP) _ Police quickly broke up an anti- British demonstration by a few youths in front of the city hull here today as an automobile carrying British Foreign Secretary Ernest Bevin drove by. Five youths who threw a few eggs were taken Into custody. Bevin is en route home from Ceylon. Two Policemen Released to Cut Department Costs Chief of police John Faster today announced that two members of the Blytheville Police Department have uen released to cut down on expenses In the department. Chief Faster said Desk Sergeant Tom Hardin and Motorcycle Officer Phil Spataro have been temporarily released and that Ofllccr B. L. Vastblnder hns been promoted to desk sergeant to replace Sgt. Hardin. This leaves the department with eight officers and Chief Foster. Legion Post Opposes Any Change in VA • Blythevillc's Dud cnson Post of the American Legion last nlrjia went on record as opposing that part of the Hoover Commission's recommendations which concern Hie Veterans Administration. • Posti Commander E. N. Shivley said. "The post here is acting on the recommendation of the national Legion organization. We believe the dismemberment of the Veterans Administration, as culled for by the Hoover report, will bring chaos and confusion to the handling of veterans' affairs. "Tho American Legion us vitally opposed lo the elimination of priorities of disabled veterans, anil we believe the Hoover Commission's report would accomplish this end." Mr. Shivley said the Hoover Commission mariners, Army nnrt Navy veterans on the same level In regard to benefits." "The national and local Legion organizations will endeavor to give publicity regarding our activity In opposing this phase of the Hoover report." he stated. The Blytheville post, it wns announced at last night's meeting, is ncaring Die 1.000 mark in its membership drive. Mr. Shivley snld n "victory banquet" has been scheduled for Feb 14 and urged all veterans to attend. 'Mighty Md Freed from Shoal Labor Re- that Denham acted on his own, but had advised the White House of his intentions. Mr. Truman since has moved Into the coal situation on his own, but along far different lines. He nsket ycstcrdny for a 70-day truce while fact-finders look into the dispute that had disrupted production foi montlis. Neither Lewis, nor'tho operator! had yet replied to' Mr. Tinman's proposal. lie asked an answer by : p.m. (DSST) Saturday. Uominick Manoli. counsel for th National Labor Relations Board opened the argument before Fedcrn. District Judge Richmond II. Keech In Denham's case. Manoli started off by offering a score of exhibits. Heading the list was last week's report from James Hoyd. director of the Bureau of Mines, stating that a national crisis exists or shortly will exist unlcs-i normal coal output is restored. Lewis Not Present Lewis himself was not In court. He had a date, however, to resume contract negotiations with northern and western coal operators at 1 p.m. (GST) at the Statlcr Hotel. Tho scene In Judge Keech's courtroom was strictly an undra- inatlc one of measured arguments between attorneys. Manoli noted that Dcnham'.i case rested on the contention that Lewis is seeking to coerce the mine operators into signing an Illegal contract. The operators had made that complaint to Denham. Mnnoli said the NLRB counsel's aim. under the Tall-Hartley Act, Is lo restore output to prevent "substantial Injury" being done before NLRB can rule on the tactics of the United Mine Workers. Welly K Hopkins, representing $40,000 to $50,000 Damage Is Estimated; Cause Undetermined JOINER, Feb. 1.—The fifth major fire in three years struck Joiner this rnoniiii'f around J2:30 and destroyed the Shawnee School gymnasium. Superintendent Grant Collar estimated the loss at between $'10,000 and $50,000 and said the cause of the fire had not been determined. He snld Insurance covered about $28.000 of building and equipment. Slmwncc Coach W. C. Rook said IP, left the gymnasium around 11:15 ast night nftcr taking several ncmbcrs of the basketball team to heir homes. 'Around 12:30 I heard Ihc roof of he gymnasium fall in," he slated. Mr. Hook lives on the school's cam- 1US. Evidently the building burned In- .ernnlly for sonic time before it was spotted. It was practically a total loss when Joiner and Wilson fire department arrived. Mr. Hook snld that about $3,000 n athletic equipment was destroyed as well as a recently-acquired piano rmd band instruuicuts. Tt was the fourth time in three years that the school has suffered from major flrrs. A $150,000 main building on the campus was destroyed by fire In February/ .10-17. The superintendent's home burned five months later and the library was consumed by flames In December, 1048. IVIrlng Trouble Kcporlcd On Sept. 1, 1947, fire broke out in the, Joiner business district, and razed an estimated $100,000 worth of business buildings before brought under control by n volunteer bucket brigade. Mr. Collar and Mr. Hook said they did not know how this mom- Ing's blaze started. Mr. Rook pointed out, however, that "we had tronblo with tiie wiring In the building lost spring." Shawnee has three home games remaining on Its basketball schedule. Mr. Collar said the game with Turrcil, originally scheduled, to be played nt Shawnee, will be played at Turrcil Friday night. Arrnnse- nenis on the other two home games lave not been completed. Meanwhile, Coach Rook this nornlng began looking for uniforms 'or his basketball teams. He said all the boys' uniforms ..'ere destroyed In the fire, although many of the girls take their uni- 'orms home regularly. / Other equipment lost to the school's nthlctic program Include laskctballs, footballs and football uniforms and equipment. Aiatry Re-Elected Head of State's Fair Managers T .,.„__ _ „ -,,_, _' •"•"•j *-*- ijv»j/r*jiiii, i u|>i ti;until Iy LITTLE HOvrC. I'cb. 1. (AP) —. LCWJ.S and the United Mine Work- L. H. Autry, Burdctlc school superintendent and Mississippi County representative, again heads the Arkansas Pair Managers Association. Aulry. A. D. Murphy. Fort Smith, vice-president, and State Sen. Clyde E. Byrd, El Dorado, secretary- treasurer, were re-elected at the closing of the awoclation's annual convention here yesterday. The association adopted a reso- lulion urging for slate aid for county livestock shows. Byrd, secretary-manager of the Arkansas Livestock show Associa- llon, announced that the state show this year will be a six day event, Oct. 2-7. It was scheduled for eight days last year and extended when rain virtually washed out the first five days of the show. MISSOURI FRKED-Stralning salvage lugs and powerful winches this morning freed the. USS Missouri the nation's only active battleship, from the Chesapeake Bay mudbank on which It had been stuck since' Jan. 17. (AP Wircphoto). NORFOLK. Va., Feb. 1. W,-The Mighty Mo broke her bonds with the bottom of Chesapeake Day today and floated free and safe !nlo deep water off Thimble Shoal. She yielded finally to a salvage team of tugs, high tide, northeast wind and straining winches after of forlorn helplessness two weeks aground. Hear Admiral Allan E. Smith, who quartcrbnekcd the straining cffoit to free the 45,000-lon battleship, sent a message at 7:30 a.m., that took the blush ot embarrassment off the lace of the fleet: ''Missouri reports for duty." The mes«<ge went to Admiral W H. P. Blnndy, Atlantic fleet commander, ?.nd it was a perfect going- away present. Blandy retires from the Navy torliy and is turning ovci his command lo Admiral William M Set -MISSOURI on Fa«e 10 crs, told Judge Kccch he did not object lo admission of the government documents. But Hopkins said the UMW considers them lo be "Irrelevant and Immaterial" and "not a full disclosure" of conditions resulting from the eight-month old succession of strikes .three-day work weeks and off-and-on negotiations between Lewis and the soft coal operators. De// Reaches Its $500 March of Dimes Goal The Rev. M. R. Griffin, pastor of the First Baptist church at Dell and chairman of the collection of funds for the March of Dimes at Ocll, said today the town had reached Its $500 quota. The Eev. Mr. Griffin said $500 had been turned In to the Kev. Harvey Kldd, county chairman, and that there arc still contributions to be added. Working with the Hcv. Mr. Griffin on the solicitations In Dell was an cig'iit-member committee from the KUanls club, composed of the ncv. E. H. Hall, R. B. Crawford, A. E. Caldwcll. C. A. Smith, Gar- flcld I,cwis. Bob Henderson. Oral E. Himnicutt »nd Floyd Tale. New York Stocks 1:30 p.m. Quotations: . AT&T Amcr Tobacco Anaconda Copper Beth Steel ; Chrysler Oan Electric Gen Motors Montgomery Ward N Y Central Int Harvester National Distillers Republic Steel . Radio Socony Vacuum .. Stuilcbakcr Standard of N J Texas Corp J C Penney U S Steel -Scars Southern Pacific 119 75 29 7-8 33 361 1-: 44 18 3-8 56 5-8 12 5-8 10 127 166 160 358 an i _ 42 1-4 52 Official Opening Of Breese Home Offices Today Home offices [or the Brccse Enterprises, Tnc- officially opened today tinder iJoyil Oodlcy of CXsceola, who has been named manager of the orgdiii/.itlon. Temporary offices wUJ be located In the Noble Hotel, Mr- Godlcy said, and pointed out that the company has not yet m p .cle a decision on a permanent location. Mr. Godloy said the first of the units to handle the sale of sandwiches, .sandwich spreads, tee cream, custards and other contec- tlonalrcs will be set up in Blythe- vIHe In the near fultire, Mr. Godlcy stated that he will maintain his home in Osceola and will commute to his Dlytheville office. Noble Gill of Blythcvtlle ts secretary and treasurer of the firm was chartered as a mil lion-dollar corporation. Dec. New Yor!r Cotton O|ion H!<»h Low 1:30 Mar. . .. 3132 31.16 3131 3131 May 3136 3111 3133 3134 July 3072 3080 3071 3071 Oct 2881 2891 1'SBl 2584 [Dec 2371 2830 2S11 2if(3 j July Chrysler Strike Enters Eighth Day; 130,000 Idle DETROIT, Feb. 1. (;Fi—Tile Ciirys- ler 3t,-it:c dragged on to its eighth day today ns the tolal of Idle men went Iwyond 130,000. Despite efforts of mediators, there was .still no sten of early negotiations for settlement. Most of Chrysler's 106.000 em- ployes have been marie idle while another 30.000 in supplier plants for 27 5-P ^ IC b^ HUtomohiie company were 22 7-8 reported alfrclecl likewise. 25 1-4 A ' p the start of the strike. 85.POO 14 1-8 " Io United Aulo Workers walked out In a pension strike. I N. O. Cotton Open High Low 1:30 ^far 3121 3123 3121 3123 May : 3137 3131 3124 3124 July 30G3 3067 3060 SC60 Oct 2872 2880 28M 2873 . 2867 28G8 2S61 2881 Soybeans Open High Low Close Mar 23IS 232!i 230 230»i May .. 220H 220^ 2*8 228H 2J3U 223 : , 232(1

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