The Courier News from Blytheville, Arkansas on April 15, 1954 · Page 5
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April 15, 1954

The Courier News from Blytheville, Arkansas · Page 5

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Blytheville, Arkansas
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Thursday, April 15, 1954
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THURSDAY, APRIL 15, 1954 BLYTHEVILLE (ARK.) COURIER NEWS tAOEFIVB Early Estimates Show Industrial Output in March. Down 9 Per Cent WASHINGTON (AP) — The President's economic ad-* visers reported today that preliminary estimates show industrial production declined slightly in March, to a point about 9 per cent less than a year before. The slight further drop in production, continuing a, trend that set in last August, brought the Federal Reserve Board's index of industrial production, seasonally adjusted, to 1-23. the White House Council of Economic Advisers said. That meant that production of tfee nation's mines and factories in March was 23 per cent more than the average of production in the three years 1947 through 1949. This month's index figure came out in the Council's monthly coec- t-ion of economic indicators prepared for the Joint Congressiona Committee on the Economic Report. This report did not give production without seasonal adjustment. The economic advisers also reported that the gross national product — the total dollar value of the nation's production of all goods and services—in the first .quarter of this year dropped off to an estimated rate of 359 billion dollars a year. The Drop-Off This was 4 ! /2 billion dollars, Russia Wants China in Talks On Disarmament UNITED NATIONS. N. Y. UR — The Soviet Union is trying to ram the Chinese Communists into private U.N.-sponsored big-power disarmament talks. The West wants to keep them out—and probably can. That situation emerged from yesterday's meeting of the 12-nation U. N. Disarmament Commission, the second in six days on the question of setting up a subcommittee for such talks under the shadow of the H-bomb." 1 Sir Pierson Dixon of Britain introduced a resolution to name the United States, the Soviet Union, Britain, France and Canada to the subcommittee. He suggested it meet in London. Andrei Y. Vishinsky of the Soviet Union called this "clearly one-sided." He said Communist China. India and Czechoslovakia also should be included. MOX -Theatre- On West Main St. In Blytheville Show Starts Weekdays 7:00 Sat,. Sun. 1:00 On Our Wide-Vision Metallic Screen *, Be Sure to Get Your Card on "Build Your Own Jackpot 7 ' 1.2 per cent, less than the rate in the last quarter of 1953. and 12.4 billion dollars, or 3.3 per cent, less than the record 3711 2 billion dollar level in the second quarter of 1953. Total output was about five billion dollars, or 1.3 per cent, less than the annual rate in the first quarter of 1953, a year ago. The Council said the March decline in output was due to a further reduction in the output of durable goods. Almost the entire production decline since mid-1953 has been concentrated in manufacturing, and there in durable goods production. The decline to an index df 123 in March brought production 14 points, or 10.2 per cent, under the high of 137 reached in July of last year. The Council's report gave revised estimates on production in January and February, placing the index of factory and mine output in those • months at 125 and 124 respectively. With the further one- point decline in March, this indicated a three-month slowdown in the production fall.'Production fell from an index of 173 in July to 136 in August, then dropped off three points to 133 in September, went to 32 in October, then took three point drops to 129 and 126 in November and December. DULLES (Continued from Page 1) ceded formal negotiations for the proposed aliance probaby coud get underway before the Geneva conference on the Far East, scheduled to open April 26. State Department aides in Washington said "working parties" would be set up within a few days to chart specific steps toward forming the united front in the shortest possible time. Commodity And Stock Markets— New York Cotton (12:3* quotation*) May 3406 3407 3401 3406 July 3426 3426 3419 3423 Oct 3395 3395 3387 3390 Dec 3390 3390 3380 3385 New Orleans Cotton May 3403 3407 3400 3407 July 3424 3425 3420 3424 Oct 3392 3392 3388 3389 Dec 3387 3387 3381 3381 Memphis Soybeans May .... 384 384 384 384 Nov .... 259 259 259 259 Dec .... 261 261 261 261 Chicago Soybeans May .. July .. Sept .. Nov .. .. 379 387% 378 3 £ 385 Vj .. 376'4 '"383^ 3753/4 381V, .. 286 2893^ 285(2 288'A ..'263Vs 265 262 V 2 264^ THURS., & FRI. Double Feature BOTANY BAY • bv TECHNICOLOR AND- JOSCfH ICAUFMAN prw* Joan Crawford Sudden Fear* Mediators Meet To Avert Strike At Atom Plants OAK RIDGE. Term. (ff>) — Gov. eminent mediators from Washington and Atlanta meet here today with CIO. AFL and management officials to try to avert a walkout threatened by 9.000 atomic production workers for midnight tonight. Preliminary talks with, each of the three groups separately began last night and continued until almost midnight. The hourly paid production workers seek what the mediation service termed a "substantial wage increase" at four strike-threatened plants—three here and one at Paducah, Ky. The AFL Atomic Trades Labor Council, comprising about a dozen AFL unions, represents about 4,500 workmen in two plants here—a nuclear energy research laboratory and a classified production .facility. KANSAS CITY OP)—It was up to a U. S. District Court Jury today to decide whether Louis Shoulders former St. Louis police lieutenant, lied in testimony before a federal grand jury about the handling of the Greenlease kidnap ransom. Traffic Mishap Noted Joyce Townsend and Donald Whitney, both of Blytheville, were involved in a traffic mishap yesterday afternoon at Railroad and Main causing some damage to both cars, according to police reports. viftemiA HUSTON • TOUCH ccwtots New Serial Starts Next Thursday Rernmel after Party Post LITTLE ROCK UP) —Republican Mayor Pratt Remmel of Little Rock said today he may be a candidate for state chairman at the June 11 state Republican party convention in Hot Springs. Chicago Wheat May .... 212% 213% 212V; July .... 212 % 213 210% Chicago Corn May .... 15l 7 a 152% 151 Vb July .... 152% 153 '4 152 % 152% New York Stocks (12:45 5/8 1/2 1/4 3/8 5/8 7/8 1 1/2 1/2 1/8 3/8 3/4 1/8 A T and T 165 Amer Tobacco 60 Anaconda Copper 35 Beth Steel 61 Chrysler 61 Coca-Cola 122 Gen Electric 109 Gen Motors 68 Montgomery Ward 60 N Y Central 21 Int Harvester 30 Republic Steel 51 Radio 28 Socony Vacuum 42 Studebaker is Standard of N J 85 Texas Corp 69 Sears 62 U S Steel 44 Sou Pac 41 Livestock NATIONAL STOCKYARDS. 111., W— (USDA)— Hogs 6.500: active; sows steady to 5 higher: bulk choice 180-140 Ib 27.75-28.15; round 450 head uniform under 220 Ib or choice No. Is and 2s 28.25; 35 head mostly choice No. Is 28.35; highest since September 1948; 240270 Ib 27.00-90: few to 28.00; 270300 Ib mostly small lots 26.9027.25: around 400 Ib 25.75: 150170 Ib 27.50-28.00; sows 400 Ib down 25.00-50; few 25.75; heavier sows 23.75-24.75; boars 17.50-21.00. Cattle 1,500; calves 700; initial sales commercial to low choice steers largely 19.00-23.00; utility and commercial cows 12,00-14.00; canners and cutters 9.00-12.00; bulls and vealers unchanged; utility and commercial bulls 13.0014.50; cutter bulls 11.00-12.50; few prime vealers to -26.00; good and choice 20.00-24.00: commercial .and low good 14.00-19.00. Fulhright to Be Cited NEW YORK OP)—The National Institute of Arts and Letters will present its award for distinguished service to the arts to Sen. J. William Pulbright D-Ark. here May 26. Utah has no natural boundaries, such as rivers, but is bordered by five states: Arizona, Colorado, Idaho, Nevada and Wyoming. SYMBOLS OF WAR AND PEACE -The lOO-foot-hifih statue of Christ the Redeemer towers above a Brazilian air force Glostei Meteor as it circles Corcovado Park at the harbor entrance to Rio de Janeiro. BraziL BETTED LOOK OUT- Answering a room-service caD in a New York City hotel became a hazardous job for bellhops- Ln the room to greet them when they opened the door, were authoress Jule Mannix, and her friend. Aguila, a bald eagle. Aguila shows her seven-foot wingspread at she perches on her owner's weil-orotected arm. SEWER (Continued from Page 1) operating the sewer system. The average monthly water consumption of commercial and industrial users would be re-figured every five years and rate groups adjusted accordingly. It is water consumption that charges for commercial and industrial users are based on. This recomputation also could be done by the commission at the user's request. Some large users of water here have objected that most of the water they use is removed by storm sewers—as in the case of bottling firms, for example—and hence the charges for their rate group are too high. Adjusting unusual cases like this would be a matter to take before the sewer commission. * • * ONLY REVENUE from operation of the sewer system—the sewer charges—would be used to retire the $850.000 bond issue. These bonds would be what are called "specific obligations" of the city since the revenue to retire them comes from a specified source and not from the city's general income. Operating costs of the new system have been estimated at $23,400 a year, including employes' pay, power bills, maintenance, etc. The city would be able to issue additional bonds for sewer improvements or extensions. However, the city would first have to show that revenue for the previous two years had been enough to pay all costs and still leave in reserve an amount equal to one and one-half times the greatest payment, that would come due in any year. This reserve requirement amounts to a person having a "nest egg" in the bank to prevent his going "over his head" in debt. When would all these provisions go into effect? Even after passage by the City Council and approval by the voters, these provisions still would not become effective until the bonds were actually sold. And the sewer charges would not go into effept until even later—six months after the bonds are sold. The peanut also is known as earth nut, goober. grandnut, ground nut, monkey nut. and pind- er. OPENS 6:30 EACH NIGHT SHOW STARTS 7:00 ADMISSION 50c CHILDREN UNDER 12 FREE WITH PARENTS THURSDAY and FRIDAY "TEXAS CARNIVAL" with Isthtr Williams & Rid Skdton PLUS TWO CARTOONS ON OUR METALLIC CURVED SCREEN Listen to KLCN at 10:10 a.m. and 4 p.m. lor Rltr & Boxy Program Announcements THURSDAY & FRIDAY * * ^ WCORWNG STARS *rtU* i^V...-.,* BOOM" HC PAR. NEWS & SELECTED SHORTS Hear Him Evangelist CLARENCE JOHNSON * A man that God Has Raised Up For Your Observance PEOPLE CALL HIS MEETINGS THE MIRACLE MEETINGS. SIGNS - WONDERS - MIRACLES FOLLOW HIS MINISTRY BRING THE SICK - SEE THEM SET FREE BY THE POWER OF GOD. THIS IS AREVIVAL OF DELIVERANCE FOR BOTH SOUL AND BODY. Are the Days of Miracles Over? Comt and See. This is Your Opportunity. DONTMISSIT! APRIL 16 THROUGH MAY 2 FULL GOSPEL TABERNACLE Lilly 4 Vint Mont 6212 M. 0. MABRY, Pastor Mrs. Miller Installed As Dell PTA Head DELL — Mrs. John Miles Miller WHS installed as president of Dell's PTA at a mectinR yesterday attended by about 75 persons. Other officers who were installed in the final meeting of the year for the proup include Mrs. Glenn Cook. vice president; Mrs. Ora Lee Pen- tor, secretary: Mrs. J. E, Johnson, treasurer. T w o committee appointments were made by Mrs. Miller. To the proKntm committee, she named Miss Minnie Foster, Mrs. C, A. Smith and Mrs, T. J. Buck.. Mrs. John Stevens. Jr.. Mrs. Bill Kerner and Mrs. Claude Hatton were appointed to the hospitality committee. Elbert. Johnson, Blythcville attorney, spoke to the proup on the county wide Sulk polio vaccine Held trials and plans were completed Tor the clime at Dell which will be headed by Mrs. R. B. Crawford. Mrs. E. W. Noland ttnd Mrs. Billy Keener were hostesses for the social meeting. KARK-TV /it Optratio* LITTLE ROCK C/P)—KARK-TV, central Arkansas' second television station, will'begin telecaatinj from Little Rock on VHF Channel 4 at 6 p. m. today. IKE (Continued from Page 1) The first, to go was Guy T. 0. Hollyday. named last, yeni- by Eisenhower to head the FHA/Lnst night, Norman P. Mason, acting FHA boss, announced he had nc- cepted a request for retirement from Walter F. Greene, deputy FHA commissioner. Greene had been with the agency since 1937. Capehnrt snld his committee would start an Immediate -study of the 251 cases as soon as they are received and would eventually sift through a total 7.000 apartment projects built under one section of the housing act. Most, of the 251. he said, involve operators who reaped inflated profits out of the rcnl.nl housing program of the post-World War II period. These profits, which Capehart estimated might total a half billion dollars, came from FHA- insured loans far greater than the actual cost of building an apartment house. He said thnt by various kinds of financial manipulation the builder could pocket the difference between the loan and his building costs. NEED YOUR FLOOR COVERED? $1,50 sq. yd. Sid. Linoleum .75 sq. yd. For Laying vTORSq. Yd. " J Installed 10? E, Main-™Phone 8650 "Flooring Is Our Business - . - Not o Sideline" Box Office Opens 6:45 Show Starts 7:00 p. m. Admission 15c & 35c At All Times •t HUMPHREY BOGAKT TREASURE OF SIERRA MADRE <uo sumiiNO WALTIt TIM Mtua NUSIONHOI! BENNE11 WARNE* IftOS RE.REIEASC —AND— "«1...,JS SIMMONS WRJGHT PLUS CARTOON FRI., & SAT. Double Feature MISSION OVER KOREA. John John Audrey Mturacn HODIAK-DERgk* TOTTER -O'SUUIVAII Directed 6» f«D F. *l —AND— r: Alamem ., ,, SCOTT BRADY MM EDWMO WNUY > noani NUCWS • in« moo it HCMMT rmm «* man. WORTH* ram • wMun HuDONHf • oticM »» TO r urn Serial "Jungle Raider*" No. 3 & Cartoon Revealing flattery in that next, to nothing look created by Jolene.. bare-ish sandals that are wide open to compliments in your circle of friends. $O98 9 BLUE • PATENT • RED • BEIGE • WHITE mm BLYTHEVILLE SLIPPER SHOP OSCEOLA

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