The Courier News from Blytheville, Arkansas on December 20, 1939 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Wednesday, December 20, 1939
Page 3
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, -DECEMBER 20; Farmers To Gel Big Pi-ice On Small Crop, Claim (ARK.)' COURIER 'NEWS Speaks for Finns At League Session By NEA Service OH10AG0, Dfc. 20.—"We're still looking upl" . That's the direction the iwli'e bull market of the Chicago wlioai 1)11 is lip.-uled, lake it from .Jolin G. McCarthy, president of llin Board of Trade, who lias been watcliJflg ft go np-flr down—for mere Mian 37 years. Tills time he's looking out over a bull market, minus the onee colorful scrambles of speculators to ijny enough to control the market, Grain men generally attribute tile ijooin to three principal factors: n'severe drouth In the winter wheat areas which will cut I the next crop oft' sharply, (lie stimulus of the war, and reduction in the Argentine wheat filtering lo the world market. It means that the farmer will get more on wheat, pledged for government loans, but .the drouth will cut his winter wheat production and, in 1940 he will have only a small crop ecm- ing up fo unload at boom prices. The consumer will pay about !)0 cents a barrel more for flouv. The lioom which sent wheat scurrying on up after safely passing the dollar mark isn't any temporary spurl that wil fade out lie- fere those outside the trade know it's here, Mr. McCarthy says. (JIVES GOVERNMENT NO CREDIT And he gives no thanks to the fnnns from I!)! 1 1,'tmi bn»k on ilijpitil ci'0-.llt terms. All o! the purchasers made reasonable down payments. Partners and tenant families with moderate savings are buying farms .and financint; up to 15 per cent I through U)o Federal [,and Hank Htnrt Land Untik Commissioner. I Ownership opportunities ivwe ] broadened by the Tarm Credit Act of 1935, when fir;,l ami second ijiorl(!»(je Commissioner loans were made available for purchasing. The Federal Land Hunk has always made first morlyaue loans for this purpose. A number of these loans wre made lo farmers am! tenants who were already living on,and opcr- iillnj? the farms wlileli (hey have now purchased, while ethers selected new llsl.s in the county. Finland's delegate (o the League of Nations, Rudolf Holsli, above, who presented the Finnish ease against Russia to (hp League Assembly in Geneva RPnd CC "" C '' NCWS !Uts ' Pioneer Resident Dies On Her 80th Birthday OSCEOl.A ,Ark., Doe. 19.—Immoral sm'IcM roc Mrs. Allltle Chamberlain, pioneer cltiwn of Mississippi county, wlio dioil nt her home oil Curson liike Monthly night, woro lii'lil from her liomc In Dial t'oiu- muiilly this nl'lernoon. Scivlco.s were conducted i>y llio Hcv. o, N. Ciiilce, pnslor of the Methodist church at Wilson, after wlilcli thi' remains wi-re laki'ii by Frisco railroad lo Tlwyci', Mo., for burlnl. Mrs. Clmmborlivlu, who died on her 80th blillulny. wus torn i\l Vaiulalo, Ark., uul mine lo llic Uai'ilslown community soon uKer the close of ihe civil War und Inter moved \vllh her Im.slmnd lo G'iir.soii l A 'tkfi when; slid hns llve'd slnro nrli'l with n 1( . inception oi n Him 1 at Tliaj-fr, Mo. She has been In \\\ health for several years liui was Up and Mroiiud her Inrm home until last vvof'V She leaves three sons, U'Oil, C'laiciii-f und 1'Yetl C'lininborlnlti; ono ihunihici-, Mrs. \v. u. .Jiiekson of Tlmyor; two .sisters, Irfrs. Mmlc Islo mi<| Mrs. jeiinU- .lamlsoii, Until of Memphis; and 14 urandchiklrcn. Slir was u mrmlier of Ihc Melh- odlst I'lmrch. immoral Home «l aiTunxenieiil.s. In It is repoi'lnl b.v competent inll- Itniy dbsi'ivcrs ihul, under favorable i-omllllons—llic wulcr U-l smooih, no stroiiit wind blowl ftiul :\ bright sun shining—It, | s pcsslble (o see it siiuiiuiiliic nt (Icfitli i:l so red. government ol federal regulation. "There's a situation that wnr- ranls the prices," lie explains. "II isn't artificial." When President — ex-messenger aiicing. boy—McCarthy speaks, it is the! In j,^^^, same man ivho spoke out last|i,. uik nn ' ( , " c March from llic bottom ot a then .shrivelled grain pit lo say: "Though the volume cf trading hns .sunk lo the lowest depth on record In my experience, I am optimistic. We're on our backs— loklng upward!" FORESEES "BIG AMItKET" FOR LONG TIME Is, He recalls lhat prediction Sixteen Buy Farms Through FCA Loans Sixteen farmers in Mississippi County, Arfcnnsas. have bought farms with financing through agencies under the supervision ol the Farm Credit Administration since the Farm Credit Act of 1935 was passed, it is revealed by the national farm loan association office at Osceola, of which George Doyle is secretary-treasurer. A provision of this act and administrative measures by the Farm Credit Administration were designed to broaden farm ownership opportunities through the Federal land bank and Land Bank Commissioner fln- more than $50,000 of faun mortgage loans during the four-year repeats: "We're up mid still looking up. There's going to be a big market, tor a long lime." As reasons, he points to the war stimulus to trading, the drouth and prospects- for a reduced crop hy/the -,\vinteiv wheat and rye;nrcas. Just what the war will do to wheat iu the future- he. won't predict. "Tell me how long the war will lost and I'll sny," lie declares. His explanation of the recent I rise is simple: "I hold to the old theory that the law of supply and demand will Like care cf prices if left to itself." he says. "The government locked up a lot of wheat and grain, but I don't think it was necessary. All the money that's spent, the taxpayers 'are going lo have to pny In the -end." WOULD WIPE OUT ALL HEGUI.ATIONS Governmental regulations? "The entire grain trade would be better olf if there were no regulation by the government whatever." The effect of the wheat bcom on general conditions? "I'm only a grain man. The farmers are going to get a big price for n small crop." . Grain traders 'say thai the government's rule forbidding speculative wheat holdings of more than four million bushels by any individual forestalls the eld-time scrambles to corner the market. The present advance, marked b.v activity of numerous operators dealings in the relatively small amount of free wheat available over and above domestic needs, gives farmers a. profit -o{i::<fll^vit 20 per cent on each of the 164 mii- llcn bushels of wheat pledged by Ihcm in return for government loans. ' • [ If the price had gone down, I Uncle Sam would have kept the) grain in payment for the loans. .Since it went vip, the farmers sell and repny. Many experls hold it is possible to control the market by controlling 10 per cent of the output. The farmers tcday control about 20 per cent, and the government owns another 20 million bushel right. i period to assist fanners and tenants In purchasing farms. The average amount of credit | extended per farm purchased in • the County with land bank and' Commissioner financing was S3,100. [ Some farmers bought land from) and I private owners, securing financing i through the land bank and Com- inissioner, while others purchased each bat1\c a fiandjome Gjfl Carton ot 15 \ SUaighl Bourbon Whisfcey, 100 proof. Copy- Out- j r ; g hl r939,Jchenloy Diilillen Corp., N. 1. C. 8-Cup Majestic COFFEE MAKER ONLY (£9 £Q With Card "i ij>£,.0y Without Card S5.38 Handsome, thick molded aluminum! Makes delicious coffee the French drip' way! Keeps hpl for on hour! Get it io- day al Kroget's low card pricel WITH A LOVELY GIFT FROM WARDS .... You're Sure of Lower Prices No Matter What She Wants or You Want to Spend! ft G/Va Her Something Spec.'o,/ Sal in Slipners Hard Leather Sales! $IG $h»llkn Pretty Tfiingtl Gift Gowns 1» Flattering t 9ft' Lovely satin 'D'Orsays with three satin bows on the vamp! Blue, wine; peach lining. Magnificent val. lace,,. dainty ric-rac or piping oh fine rayon crepe. Pasters, 16 and 17. Y /<< .i Warm Sentiment! for Xmas! Wool Sweaters fosy (o give o[ 9ft! Give her al least I fcr her pet suit! Crew or boat neck styles (hat mix or match. 34-40. vw* _.N^' A Mots i( o Luxury Cttristmail Trimmed Slips TB Kff. B»H Ritigtn ol • «>U Heavy silk and rayon sadn Bpbashcd with lace or embroidery .trims. Bias cut. 32-14. '3; I' i-l _ _A_j S/ie never ftai enot/gfi' Wliite Hankies 10. 1 ! Women love to have stacks of hankies, especially embroidered, railed herns. Cotton! I* GMyi Goyl P«f»c(Gi;ii/ Trimmed Dndie.s oj Special a All Sl 49' With lace, with embroidery^ with ribbon or chiffon trims, Silk and rayon satin panties. Slie't/ Loire lo Gel So VHH 25 C Run resist rayon briets, panties, bloomers. Sized to hip mcas- urements 34 to 44 ' Buy your jHt, 0 , Wordi Paymenl Plan • . • poy n«l yeatl 106 W. Main Gay Gift, She'll Lore I Perfect lor Xmail Gobs of lace and ribbons on fine silk and rayon panties. All lace brassieres. 32-36 'R For School Spo{t, ' Ml Wool l»arka* £t"B Grand for Gift* t f|t I She'll tie it under her chin and be warm and preljy on the cold-- cst day I Bright colors 1 &u if Del/ linger Bargain Gifts ! Smart Xmoj Va/uei al •MM Last inmule styles hi fine simulated leathers. ' High fashion colors as well as black. r, Stylet/lilce Cxpetuiv* Shoei! Gm Sli|i[ici\s Ho f <i leather Safest 98' Is she "fussy"? Then she'll lovo their exquisite detail! Blue or wine rayon satin I 5he*j Hoping for Hotter? \" Crepe CliiffoiiN. 69 Give htr 3 or 6 pr. Luxuriously sheer 3-threaiis, all silk from top to toe. Get her a whole box. New shades. PHONE 676 PA'GE THRBli K 11 > G E mm TIJS mms BUY u 7 Jcroj« lum. LtX» li OK rttuii unUMd p onto* In otl^Em! «nula«r "• will tifliu It FHEE Mil «l llii v olJiir unx lira. rigiidlm cf j,,lc,. I'JilCKH KOU TllimSi)AY-KI{|l)AY..SA'am()AY-CLOKK|) ALL DAY XMASi Turkeys l-l'oilll Him* Hiblimi 10-M II). A V( >'. Cheese {, Home Kilic,] Dressed, Ib Turkeys uj23c, CHEESE AnHTilllH 1 '(,1). 22 ROLLED ROAST u 25 Select OYSTERS pt. MINCE MEAT llrumly I'-lnv. Ib 15' SALT MEAT Bucks, Ib. Extra Standard OYSTERS, Pt. Bacon K. K. Sliced Rindless Ib. Sliced Ib. Cud ahy 1In If «V (Whole ft). 19c|Butter 25c ORANGES Pin, Hwccl .Inky 0 Hinges . .15c 20 (I). IliiK— 70 Oniiifjes . .f>i)c APPLES Winesnp lOxlra Fancy , Doz. 15c CELERY "Si r LETTUCE 'S 10 TANGERINES „, COCOANUTS " 1N 2 ABAIlflC'C Calif. Sootllcas UKANuto i,,,., no/ BHOSSEES SI> T. TO ,, b ; AVOCADOS ...^Sf If 5' 39 e 15' 9 C ALL VARIETIES ^^' Cranberries Kill more Lb.15c Grapefruit T6xns Seedless Each 2c Avondale Halves ). 2! Can Heavy Syrup Food Cake Cnin!>eriy Sauce Occiin Spray 12 Cans 25 Pineapple Avomlak 1 No. '>>/ 2 Can Can 19c FRUIT SALAD Nn C S 25 FRUIT COCKTAJK C Will) Ocl' rilUI I No. 2, 2 For Lv PINEAPPLE W GKAPEKIUIIT HKAU'l'S C. Chili, .'1 for ........ WHOLK GRBEN J5KANS C. Chili, Can ' ..... |Ec ID SALAD I)RKSSINf; c - Cliil> GINGER ALE "7E 25 SUGAR MXX Or2 ",r 15" PEAS Valentine I'efil' 1'ois 2 Cans 25 Asparagus Hillsdnle No. 2'/i Can Only 17c Spotlight Ho(-I)alcil Coffee French 1 Hi. 20o C. Club 1 Ib. Can 2 1 I'ouml -liaf BREAD CF.OCK LKC. Loaves 2 for 15c CORN C. Club No. 2 Can 3 for 25c C. Club 1 r 2 for 19C FRUIT CAKES Ibs. §| ftC Uum- 1-fcW EGGS Slricllv Fresh OCc Dnx. 4.0 PIE CHERRIES c C S, 10' AD A DrC UnHrtO Scdlless C. C. No. 2VJ Can CHOC COVERED 19' SNOWDRIFT SIS SWANSDOWNS, „* 25 P.&G. SOAP 7 Bars 25c WESCO Crackers . 2'lA Box m

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