The Courier News from Blytheville, Arkansas on November 12, 1952 · Page 5
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The Courier News from Blytheville, Arkansas · Page 5

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Blytheville, Arkansas
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Wednesday, November 12, 1952
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WEDNESDAY, NOV. 12, 1952 Freed Millage Opens Way for Base Bonds BLTTHKVTLLE (ARK.)' COUT5IER NEWS (Continued from Paee 1) solicited, it WM pointed out, the i burden would fall on a relative levr. If.wu repeatedly atmuted thai '• bond IHUC would involve no »dded UIM. It would .imply In- rolre continuation of the time flty Ui r«lM now in effect and actually would not ranrel i reduction nnw Mhedulrd U ro Into tlttxt Jan. 1. ^3 Tills is possible because a portion •fof the maximum five-mill bond re• tlrement limit Imposed on cities by • state law was freed about three months ago when Blytheville acquired a sufficient reserve- to pay off outstanding bonds on Blvthe- ville Hospital, City Hall and Walker Park. This total reduction, scheduled to take effect Jan. 1. was 3.5 mills. To retire the proposed air base bond Issue, 1.8 mills of this reduction would be reinstated to retire It. The remaining 1.7 mills In Ihe legal, limit of bond mlllnge would be kept free as a reserve since the city Is depending on rentals, for example, to round out 'the revenues needed to retire hospital and Walker Park bonds, Hence, despite this promised bond Issue, a rity tax red'icllon nf 1.7 mills wonH ilill be In effect as of Jan. 1. Three points made by Mr'., Rancy in explaining the bond Issue are: 1. The new bonds would be callable—that Is, they could be paid off as soon as money is available. 2. The 1.8 millage can't be used for any other purpose. It Is already pledged to secure the non-callable hospital bonds which will not fully mature until the-1960's. 3. It will probably take the city ^5 years to pay out the air base The 1.8 mills eyed for retirement of the base bond Issue would be that now earmarked for' Blytheville Hospital bonds. Because these are non-callable bonds (that Is. they cannot be retired until maturity even though funds to do so are nn hand), the bond company that handles the Issue will have to un- .derlake refunding of them. Mr. Raney explained last nighl that this would involve oiferlng holders of the hospital bonds othe bonds of similar amount, Interest raie and maturity date. Since Hbout $28.000 in hospital bonds are outstanding, this would necessitate an air base bond issue that would cover both the cost of the added land plus this 528,000. Support Is Unanimous Recommendation by the citizens meeting last night that the Council proceed with' action on a bond 1s- 8ue ordinance, was given by/unanimous passage of a motion by B. A. Lynch, president of Farmers Bank and Trust Co. ' . v After passage of the motion. Mr. Raney said he would have .a bond attorney 1 ; draw up,the bond election ...ordinance and have It brought here ffrom Little Rock today so the council could »ct tonight. ' ! During discussion of the "fundraising plan,'Mayor Blodgett pointed out thaf'elther wny, the people of Blytheville will be paying for it (acquisition fo the base land). The bond plan will spread the cost out over everj-one in Blytheville. Mr. Lynch added that a bond issue would mean "everyone will pay In proportion to hta benefit." Mayor Blodgett told the group that appraisers will probably be called, In to set a price on the land "sometime late this week." The land probably will be condemned by the engineers. Mr. Logan pointed out, as this procedure IN THE BROBATE COURT FOR THE CHICKASAWBA DISTRICT OF MISSISSIPPI COUNTY, ARKANSAS IN THE MATTER OP THE ESTATE OP WALKER H. BAKER, DECEASED NOTICE OF APPOINTMENT Last known address of the decedent: Blytheville, Arkansas. Date of death: November 1, 1952. An instrument dated May 14, was on the H day of November, p 'lD52 admitted to probate as the last will of the above named decedent and the undersigned has been duly appointed Executrix thereof. A contest of the will can be effected only by filing a petition within the time required by law. All persons having claims against Ihe estate mirst exhibit them, duly verified, to the undersigned within six (6) months of the first publication of this notice or they shall be forever barred and precluded from any benefit in the estate. This notice first published November 12, 1952. Mrs, Pearl Baker, Executrix of Ihe Estate of Walker H. Baker, Deceased Tt Holland k Taylor, Attorneys, Blytheville, Arkansas 11)12-19 MOX Show Starts Weekdays 7:00 Sal.^un 1:00 Alwoys Q Double Feature LAST TIMES TONITE Double Feature "BACK-FIRE" Dane Clark Gordon McRae — I'his — "Atlantic City Honeymoon" Constance Moore allows the landowner lo re-Invest his money within six months without, reporting cash received on the initial sale as income. COUNCIL (Continued from Page 1) when he first leased it. He said no more than 50 per cent of 'the land had been planted In cotton at one time and that crops had been rotated. After a lengthy discussion of liability in case the Air Force decided during the coming crop reason that It needed more of this land, the Council checked the lease executed five years ago. This showed the liability rested on the city, and the aldermen delayed action on Mr. Ward's bid pending revision of the lease's liability: Mr. Ward said he felt the Air Force letter showed that the federal government would accept liability in such a case. Adopt Slrwl Resolution In other action, the Council adopted H resolution submitted by First Ward Alderman Jesse White asking that the city acquire right- of-way—by purchase or condemnation—for extension of Mathls Street west lo Elm Street. Tills Is needed, he said, to provide a street crossing Frisco Railroad tracks,near the Negro schools on Elm Street. These students, he said, now have to cross the tracks the best way they can. First Ward AWer- mnn Homer Wilson said he watched 113 students crawl under freight cars In a 15-minute period. The Issue: of exiemljng Mathis Street has been before "the CouncH for 11 months. Mayor Blodgett announced, last night that the proposed school paving project near the new senior high school has been turned over to the Delta Engineering Co. of Blytheville for cost estimates. 1 Turnback Ups' Revenue The city's October financial report given aldermen last night showed total revenues last month of $23.952.65 compared - to expenditures of $19.962.29. As of Oct. 31. the general fund contniped $1,212.28. the street fund 5877.70 and the parking meter fund 57,569.i9. Current accounts payable, however, totaled S8.907.S3, leaving $1,695.25 needed to meet accounts payable. October revenue was boosted By receipt ol ill.91.RO In state tax turn- back and police and county fines hit n high of $8315.10. Other revenues last month included: privilege licenses, $910; engineering department receipts. $129.10; sanitation receipts, $1.792.75; parking meter receipts, $2,835; and (1,920.18 from Blytheville 'Housing Authority for payment in lieu of taxes on Chlcka- saw Courts housing project. - Expenditures last month, by departments, Included: Street, $€,3104,22; Police, $3,333.15; Sanitation, $3,437.33; Fire, $2.503.59; and general and administrative; $33,992.34. _ Last month's fire bill, boosted by g'rass fires, hit'a high for the year of $2,090. The financial report for the airport shower revenues of $1,867.32, of which $500.25 was from rents and $1,018.65 for sale of commercial gas, and expenses of $320.52. Cash in bank totaled $1,164.44 and accounts payable amounted to $254.10. RITZ THEATRE Manila, Ark. WE'D"- THURS "BIG TREES" in Technicolor With Kirk Douglas & Patrice Wymore FRIDAY "Saddle Tromp" In Technicolor .Joel McCrea Wanda Hendrix NEW Air Conditioned ' By Refrigeration "Your Community Center" MANILA, ARK. Matinees Sal. & Sun. Phone 58 WED -THURS "Has Anybody Seen My Gal" Piper Laurie, Rock Hudson & Steve McNally FRIDAY "Wyoming Moil" All Star Western Commodity And Stock Markets— N«w York Cotton Open Hi B h LOW l;is -- J •- 3S54 3576 3552 3569 Mch .......... 3585 3618 3585 3607 ""V 3605 3830 3605 3621 >' 35% 3614 3590 3607 Ntw Orleoni Cotton Open High Low 1:15 '•' 3554 3577 3554 3510 Mch . ...... 3588 3614 3586 3611 f 36M 3625 3599 3618 y ' 3590 3010 3587 3604 Chicago Wheat Open High Low 1:15 Dec • ..237% 238V, •' 23714 238% Mch . .. 24354 24514 243H 245 Chicago Corn Open High Low 1-15 Dec . .. 165 »i 1661,4 165 V, 166 Mch . .. 170 « 171)4 170« '110% Soybeans Onen High Low i : is Nov . .. 296V, 298i,4 296Vi 288V4 Jan . .. 301',4 303K 301H 301V4 Mch . . . 303)1 305-X 303-y, 305% May . .. 303',i 305»i 303! N«w York Stocks A T and T Amcr Tobncco .'....' Anaconda Copper Beth Steel \" Chrysler '.'.'.'.'.'. Coca-Cota ''." Gen Electric'" '.'.'" Sears .: ' ] Montgomery Ward N V Central ] Int Harvester ] ] Sou Pac [ [' Republic Steel ...'." Rarfto " Soccny Vacuum ... I Studebaker [ Standard of N J Texas Corp " V S Steel ''." J. J. Williamson Rites Tomorrow Services for John James Williamson. 94. retired farmer o( Tyler, Mo., will be conduced (o- morrow si J p.m. »t Cobb Funeral Home chapel. Officiating will be Ihe Rev. Bryan Eppa «nd Ihe Rev. David McPeek. Burial will be In Maple Grove Cemetery and pallbearers will Include Dick Green. Slnnlon Pepper, Eddie Hagen, Hooper AsbiH, Max Hay, Jr., and Rex Hughes. Honorary pallebarers Include Tom Nnnce, Steele Perry, W J Fitzmaurlce, W. c. Forbes, Churchill Buck and Br. W. A. Grimmelt. Survivors Include one son. B!nn H. Williamson, Tyler; one daughter. Mrs. L. R. Murphy, Lnfcria. Tex,, nine grandchildren and 12 great grandchildren. 155 1-4 61 1-8 39 3-8 49'1-4 84 1-2 109. 66 3-8 57 5-3 59 5-8 19 1-8 30 1-8 43 40 ' 27 7-8 35 1-8 35 74 1-3 54 3-8 Livestock NATIONAL STOCKYARDS 111 W - (USDA)-Ho gs 12,500: trade active; 25 to 50 lower: harrows and gills 15 to mostly is lower- sows 25 lo 50 lower; prompt clear', ance mainly [o packers and butchers; lop 17.15 which new low since April; bulk choice 190-270 Ibs 170017.10; moderate sprinkling 210-240 Ibs 17.15; heavier weights scarce- choice 280-350 Ibs sparingly 165016.75; choice 150-170 Ibs 15.25-17 00' most 170-180 Ibs 16.75-n.OO; 120-140 Ibs 12.25-14.50; sows 400 Ibs down Obituaries father of Oiceo/o Woman Dies in Chaffee OSCEOLA — Word has been received here of Ihe death of W. p Lee. Sr.. of Chaffee. Mo., father jf Krs. George Rains of Osccola. A native of Kentucky, he died Nov. 5 at the age of 87, One week previously, he and his wife had celebrated their S9lh wedding anniversary. A citizen of Cha/fee for 45 years, he was a retired salesman, a member of the Church of God and a charter member of the Chaffee Oddfellows. Survivors include his wife, three sons, Harry Lee of Fornfelt. J. W. Lee of Sikeslori. anfj W. P. Lee. Jr.. of Mission, Tex.; and four daughters, Mrs. George Rains of Osceola, Mrs. George Sjone of Chsffee Mrs W. W. Griffith of Chelsea. MI6h, and Mrs. a I. Saner of Illmo, Mo. Head Courier News Classified Ads 16.00-16.50; over 400 Ibs 14.00-16.00. Cattle 5,500; calves 1,500; trad- Ing extremely slow; slaughter steers and heifers not established- early sales limited to few choice and prime; 1112-lb steers at 34.00; few cows about 50 lower; bulls not established; vealers unchanged; early sales utility and commercial cows 13.50-16,50; few n.oo; good to prime vealers 27.00-35.00; indi- dlvidual head prime to 37.00; liberal share of supply utility and commercial at 16.00-26.00. Miss Luna B. Wilhelm Elected lo AC A Post Miss Luna B. wtlliclm, [cnchcr of literature In Blytlieville HlRh School, wns elected vice president of the English Teachers Section of Ihe Arkansas Education Association nl Ihe.association meeting In Ltltle Rock last week. Miss Wllhelm Is a member of the National Council of English Teachers and has served on (he board of directors from the state of Arkansas for the pa-st four years, Missing Bus Is Found in a Hurry .BALTIMORE (fl>j _ "We've got R missing bus," the dispalclrer for the Maltlmore and Annapolis Uallrond Company telephoned to police lust night. Police didn't have much (rouble locating li. They said It was 1 in a string of traffic several miles long hacked up at a railroad eroding where a freight train wns setting for 53 minutes. Americans Good Story Writers DUBLIN, Ireland (/D—Irish author Frank O'Connor .savs his recent visit to the United s'totes gnve him a feeling that "every American Is a born short-story writer." He visited Harvard and other universities where he gave lectures. "I had one or two short stories submitted to me by young students that were as good as any new work I've read for years." CIO (Continued from Page 1) schedule arising from his untimely decease." , Murray died Sunday In San Francisco while arranging for the annual convention. Another recommendation of Ihe vice presidents calls for the Executive Board to meet at Atlantic City Nov. 29 to help set up the revised convention plans. The group also favors releasing to the public the report which Murray had planned to present to the convention. The report will be released 'Monday morning, Nov. 17, as previously scheduled. Read Courier News Classified Ads. Korean Veterans May Take Agri Training Here niytheville School's institutional on-farm training program may accept Korean veterans for training. Superintendent W B. Nicholson ha« announced. Those eligible Include men who have been discharged since June 27 1950. Any disabled veteran who has received no training under any of the provisions of Public Law 3« Is eligible. Veterans may begin training on the first day of the month alter enrollment. further Information may be ob- lained at the Agriculture Building, 700 Chlckasawba, or by contacting Freeman Robinson, director of the program. FARM BUREAU (Continued from Page 1), people who are. trying to destroy Ihe markets, and who ,"are jetting a trap for farmers." " Slating that the change of administration resulting from the re- mcnt election will not keep these men from continuing their program for socialism, Mr. Woolley said. "Self-government Is going down the drain by our running continually to the federal government with our problems. Every time we do we give up some portion of our freedom." "This whole proposition of destroying our market system." he said, "is a lure and » trap and (the farmers )are walking right Into U." Plans for the Arkansas Farm Bureau Convention, to be held In Little Rock No. 24-25. were discussed and It WHS decided that arrangements for attendln gshould be made as In the past, with the office* of the county agents. DODGE (Continued from Page 1) eric J. Lawton, President Truman's budget director, »h'o already has cleared out an office and desk for Dodge's use. Preparation of the budget, 'a book the size of a metropolitan telephone directory crammed full of detailed figures, already has been under way for months. Dec. 15 Is the deadline fo start It through the printing presses, and Jan. 17 Is the deadline by law for lubmlMlon to Congress. AIRLINE TV, RADIO SALE $20 to $25 in Merchandise Coupons With These Airline TV Sets— During This Sale Only. Handy for Christinas Shopping. Use Wards Terms. TV AND S25 COUPONS 299.95 Big 21-in. rube Console In linfrout mahogany veneers. All Airline quality features add up lo tupcrior reception. TV AND $20 COUPONS 229.95 reception with fh'j eosy-fo* tvrw 21-Tn. compact Airline Table TV. Sftwrt»imolated-Iftather covered cose; TV AND $20 COUPONS ' 249.95 Big 2]-in. screen fa compact A?rfin« Table TV. All Airline (eolurei plw luilroui Mahogany v«n««r cabinet. 19.95 TABLE RADIO White I z oo IO -°° BulH-ln anlenn* low sale price for (his smart White plastic Table Radioi Newly designed circuit — beautiful clear lone. 79.95 RADIO-PHONO {.Q QO A M Radio U7 -00 p honograph Sale-priced combination has 3-speed automatic changer. 4 tubes phis rectifier Radio. Mahogany venter cabinet. 36.50 PORTABLE RADIO 13 Ibs. - AC-DC-Batt. An ideal gift — now sale priced. Portable Radio in smart brown and tan nirplane-typ* case. Kine performance, RESOLUTIONS (Continued from Page 1) new farm legislation that the support price on cotlon be set on a fixed basis of a minimum of 90 per cent of parity." Rw«roh and Extension "We common the University of Arkansas for the .excellent work that it has done In agricultural research and extension work. Due ta limited funds, Arkansas has not kept pace with neighboring states on payment of salaries, and for this reason, It has been said that Ark- ansiw Is * training ground for agricultural scientists who too otlcn move lo other states or lo other industries. "Due to * shm-taee of funds, the agricultural research In the Stale has been limited, The development of a Viperlor strain of cotton, soybean, or rfce, can within n short period bring more wealth to Hie State than the cost of one hundred years of research. Pasture development, disease control in plants and animals, ,«nd the development of mechanical devices can revolutionize the farming Industry. "Our neighboring states have spent much fore for research than has Arkansas, and 'their accomplishments no doubt have been proportionally greater. Arkansas spends .16 per cent of receipts from farm marketings for" research. Louisiana spend* .48 per cent, Mississippi spends ..31 per cent, and Oklahoma spends .21'per cent, or .to place It on a dollar and cents basis, Arkansas, research fund of a non-federal nature are »549,746, as compared to $1.293,391 for Louisiana; (1,122,018 for MlMl.iBlppi, and $839,455 for Oklahoma'. , "We recommend that the appropriations for;research and extension work in Arkansas be raised to the polrit lhat It compares with like funds appropriated In neighboring states. • "We further recommend thai the Arkansas Legislature 'specifically 'earmark funds that It appropriates for research and extension work." <»«*olli|f Tax "There has been, some discussion of the SUte abolishing the lax exemption on farm gasoline. We wish to protest very vigorously any step Ihsl. may be taken In this direction. and urge the Arkanwf renu to exert it* Influence to prevent any tampering with tMt Uw." Imed Control (I) Due to the Influx of soybean. cotton, and alfalfa Insect* Into Btst Arkansas and due to the great distance of travel between the University of Arkansas and EaaUrn Arkansas, we recommend th»t th« University place a full time en. tomologist in Eastern ArktnsM an a permanent basis." PMA Director. "We recommend that the Bttte of Arkansas he divided Into fUA Districts lo coincide with th« Congressional Districts. We recomnwn* that the farmer elected committeemen from the respective countt«» meet at a designated point and elee* from their membership, one district committeeman, "We further recommend lh« itfa- tnct commlttecmen so elected, mwt In Little Rock once each y«»r and elect a state Chairman from th. duly elected rthlrlct corrim!tt«m«n " On the question of foreign trad* the Bureau voted to "go on record of approving the principle of FUdpro- cat Trade Agreements. »nd to urf« the Congress of (he United statw ta use every means posibie to eliminate world trade barters." tt'alno aaked "that this resolution be trarumltted to the Arkansas Farm Bureau for IU consideration for presentation to the American Farm Bureu Federation" Other resolutions recommended the co-ordination of agricultural agencies to provide more complete co-operatln f all federal, jt»t« and leal agencies to prevent duplication and urged the establishment of «n office of a State Extension jlnnlni specialist. Resolutions of commendation w*r« also voted for the effort* and ier- vlces of the University of Arkansw for colton and nlfalfa research. th« county agents and home demonstration flgenUi. the Belt-Wide Cotton Committee for orderly marketing at cotton, and to the newspapers and radio stations In the county for coverage of farm aclivltiw Doctors; Often Prescrifc This One Active Ingrriiwt TO RELIEVE PAIN OF RHEUMATISM. Pa)t.»ctin B C-22J3 contiini .odium i«l- icy]ate to jpeed welcome comfort. Tho«- snnris use it whenever rheumatic, «rthritic ornnuculirr^m'^ctiup'.'! Price of fmt bottle back If not utiifted. CM C 11U. - c Cold Weather Sale Men's Part Wool Slacks" Rtg. 6.95, now Reg. 4.50, now 495 350 Ideal for cosuol or dress wear. Mod* of 20% wool, ; 80% rayon, or 40% virgin wool worst.d, 40% . royort. California-styled with pteah, »aml«n wont, lippw-fly front. Wid» ronae of colon and potrwm.

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