The Courier News from Blytheville, Arkansas • Page 3

SATURDAY, SEPT. 19, 1953 BLYTHEVILLE COURIER NEWS PAGE THREE Experts Differ On Business Outlook By SAM DAWSON NEW YORK (AP) Some lively dissenters to Wall Street's gloom are saying today: "It can't be as bad as all that!" The Stock Market has been laying its bets that the high tide of business has been reached and the ebb tide is starting. Washington apparently has Its fingers crossed lest all industries readjustment at the same time to the let down feeling in evidence since the Korean truce. II so. Washington says it would step in, although it hasn' spelled out its methods yet.

I But Wall Street thinks it knows what one nudge to the economy would credit. Prices of government and corporate bonds took an upward leap Thursday as traders decided the United States will follow England's lead in lowering interest ratps. That would be a spur to business in general. Bankers, being by nature a cautious lot, are likely to take a sober But many contend that the low tide need not be very low, especially if all Industries don't recede at once. And some insist that industry itself could jog consumers into pushing the crest of business even higher than it is now.

Administration leaders have been admitting that some adjustment in business is to be expected. But apparently they are counting heavily on one industry at a time have its "little readjustment." This has oc.currd consistently since World War n. Now one group and now another has had its private recession, while other industries were having their booms, so that all the time the over-all business figures looked mighty good. It's Expensive, But It Beats An Apartment PASADENA, Calif. A woman who went hunting for an apartmen wound up tne owner of a mansion which cost $1,225,000 to build.

Mrs. Robert'. Lee Hill, wife of an East Pasadena restaurateur, pur chased the 35-room Cravens estate on Orange Drove Avenue for a sum said by real estate men 'to be ii excess of $100,000. She driving in the area, look ing for an apartment with Mrs Madeline Nay, who turned her auto into the Cravens' driveway so she could circle out. Mrs.

Hill took one look ai the three-story, slate-roofec red brick chateau, and exclaimed "I'll take that." view of the economy when the NEW AMBASSADOR? H. Freeman Mathews, of Baltimore, has been mentioned as the new U. S. ambassador, to The Netherlands. A career foreign service officer, Mathews is the highest-ranking officer still in the State Department who served under Dean Acheson.

American Bankers Association meets in Washington Monday. Their leaders are set to tell them that the economy now is in a state of uneasy balance. Certain record employment, production and income- could be flamed into inflationary forces again by a little atom-Waving by Russia. Other factors high consumer prices, drop in farm income, the possible over-expansion industrial plants, declining stock prices just as easily spell deflation. So bankers will be urged to be ready to cope either with a revival of inflation or with any serious business setback that might develop.

Bankers may be cautious but advertising men and salesmen aren't, by definition. Several of them have been thumping selling effort. the tub for greater They stress that consumers have the income (now at a record high) and the savings (also a record) to keep the economy humming even if defense spending slumps and industry cuts back plant expansion. They also stress that U. S.

industry now has the productive ability and the tools and materials of production to provide one-third more goods to consumers than they are now buying. One Car Two Drunk Drivers EL MONTE, Calif, men are serving 30-day jail terms foi drunk driving in the same car at the same time. As a police car moved in on the auto, Sheriff's Officer O. A. Corbett reported, the two men started to change positions.

Both were simultaneously in the driver's seat while the car was still moving, he said. Licenses of Henry Mata, 20, and Gilbert V. Apadaca, 18, also were suspended yesterday for 90 days. Never Too Old LOS ANGELES W) "I've found out," says Charles Arndt, "you can't learn too much about anything." He enrolled in a plumbing course yesterday at Los Angeles State College. Arndt has been a plumber Jor more than 60 of his 78 years.

Warden Says He'll Arrest Cops BILLINGS, Mont. "I'd have to pinch the cops" if they tried to carry out a City Council order to shoot blackbirds, a federal game agent told the Billings mayor and police chief last night. The council has authorized police to use shotguns to rid residential areas of the pesky birds. Kenneth Roahen, federal game agent for Montana, said blackbirds are protected by a treaty between lie United States, Canada and Mexico. Roahen advised the officials lo 'just wait for the weather to get cold and the birds will be heading south." TURKISH DELIGHT Eloisa Cianni, Miss Italy, draws admir ing glances as she wends her way tnrough crowd in Istanbul Turkey, on her way to the judging stand in the 1953 "Miss Europe 1 beauty contest.

The 20-year-old beauty was crowned Miss Europ of 1953, winning over a field of 13 continental lovelies. (AP Wire photo) Woman Hanged in England MANCHESTER, England Wl Mrs. Louisa Merrifield, 46, went to he gallows yesterday for murder- ng her 79-year-old employer with rat poison. She was the first woman hanged in Britain in four years. Mrs.

Merrifield was caretaker nurse to Mrs. Sarah Ann Ricketts, aged widow who died shortly aftern naming Mrs. Merrifield a )eneficiary in her will. Mrs. Merrifield's husband, Al- 'red.

70, was accused with his wife but was released after a jury failed agree on a verdict in his case. FLYING Model "T's," completely restored, take to the air at Cape May, N. for transport to Cleveland, Ohio, where they will be entered in the 7th annual revival of the Glidden auto started originally in 1904 to "demonstrate the reliability of the automobile." Owned by former Navy pilot, Ralph Cox, 38, organizer of United States Overseas Airlines, they are, from left, a 1912 "Gentleman's Roadster," a 1909 touring ear, and a 1910 Torpedo. The ancient flivvers will wheeze along from Cleveland to Dearborn, with 341 other antique cars, from Sept. 13 to Sept 19.

Judge Sees no Future In Being Councilman SAN MATED, Calif. Wl Nels Mastrom pleaded witn, the judge not to fine him for drunk would be bad publicity when he uns for a city council seat next April. "I don't see what you want to a councilman for," remarked udge Fred Wyckoff. "They get alls every other night about a ooster crowing or someone's sidewalk cracking." He further discouraged Mastrom with a $150 fine. Jccsn Crawford Makes TV Debut HOLLYWOOD (in Jotm ford takes the plunge into sion tonight.

The filmed half-hour drama goi over the CBS-TV network on Re Ion Mirror Theatre flt 10:30 p.m (EOT). Miss Crawford understand she follows Helen Hayes in th east. "I would have to follow an ac like that in my debut," was Mis Crawford's comment. The film, which she has seen, pleased her that she intends to er bark on a filmed television serii in which she will play a newspa perwoman. The Hint to Motorists storage battery of a ca; Rattles Don't Tell Age Newly born rattlesnakes have no rattle, but develop a new joint wilh each succeeding moult.

The older joints wear away, however, and are lost, so that the number of rattles is no criterion of the snake's age. including (he connecting: terminal: should be kept clean at all times A cloth dampened with a littl ammonia, or" a soda solution should be used to remove sulpha tion. In. West Blythevifle Air Conditioned by Refrigeration Carries Eprgs ghow Starts The female lobster hatches her by carrying them around Weekdays 7:00 Sal. Sun 1.00 Always A Double Feature glued to the underside of her body.

She ma ycarry 75,000 eggs for as long as 10 months. Tefevision SERVICE ANY MAKE PA Systems for Sale nr Ri'nt 1 PHILCO FACTORY SERVICE On Our Wide Vision Metallic Screen SATURDAY A Universal-International Release AND Aussie Animal Lovers Can Relax Now CANBERRA, Australia Australia's animal lovers can relax. Supply Minister Howard Beale assured a questioner in the House of Representatives yesterday that no live animals', will be used in next month's British atomic tests in the central Australia desert. GOOD USED FURNITURE We are now using the second floor of our store exclusively for used furniture. We feel by doing this we can serve our customers better In three WITS.

1. We can give you more for your used furniture on new. 3. If you want to buy good used furniture we will hare It 3. If you want to sell used furniture we will buy It.

In any of the three cases we would like the opportunity of figuring with you. Through our liberal allowance foi used furniture on new we have accumulated the largest, stock of used la oui history. We Pay Cash For Used Furniture We inflte you to visit our used furniture department on tbe second floor. Alvin Hardy FURNITURE CO. Ill E.

Main Ph. IDOdELLISON CARTOON "Nyoka" Serial CARTOON "Pirates Harbor" Serial $400 more than the cash price your present car will bring. We are overstocked on new cars and must sell 20 new cars this week. Most of our present supply of Mercurys have automatic transmissions. We need your used car.

STILL MOTOR GO. Walnut At First Phone 6876 SUN MON IN LOVI WITH 1500 MARINES! AND Abbott Costcllo In "PARDON MY SARONG" CARTOON SHOUT Heap Big Hex Lost Its Punch; Someone Fogot to Tell Fish OKLAHOMA CITY tifl That old chanted the ancient hexing psalm. Indian medicine apparently lost its kick. An ancient Indian curse, which is supposed prevent fish from biting and ducks from landing on Oklahoma City's two municipal lakes, has proved as potent as one of Salesman Sam's old cure-alls. The redskins hexed the lake Monday.

But a few city sportsmen hav become jittery. Elmer Davis, the bait conce sionaire at Lake Hefner, philos phized: "There's been a lot of cuttin 1 i about it. It's not hard to work on superstition to fishermen. But least, now if they don't have ai lusk they have something to lay onto." The Indians war-whooped an tom-tommed at Canton. 100 mil northwest of Oklahoma City, pi testing the release of Canton rese voir water for Oklahoma City us The redmen broke a peace pi and Chief Henry Spotted Cro LITTLE The only time some people don't pass the buck is whci.

collection is being taken. ALFALFA SEED Lb. Oklahoma Approved Top Noxious Blytheville Soybean Corp. 1800 W. Main Phone 6856 GEM THEATRE "Osceola's Finest" SUN, MON TUBS THE CADDY With Dean Martin Jerry Lewis COMING SHANE For 4 tiig Days Starring Alan Ladd in Technicolor Starts Sept.

26 RITZ THEATRE Manila, Ark. SATURDAY CODE OF SILVER SAGE With Allen "Rocky" Lane SATURDAY OWL SHOW MONSTER MAKER With J. Carroll Nash Ralph Morgan Wanda McKay SUNDAY MONDAY THE LUSTY MEN With Susan Hayward Robert Mitchum Davis said from 400-500 ducks landed on the lake yesterday, apparently unaware of the curse. "But," said Davis, "I had a guy come in here yesterday who was worried. He salti maybe by the time the season opens the ducks won't be there." Pishing at Lake Hefner and Lake Overholser was described as from normal to excellent the past few days.

Chief Bonnie Spotted Wolf summed up the Indians' attitude this way: "We were promised the right to hunt and fish free as long as water flowed and grass grew. Fishing here is free, but you pay to fish and hunt In Oklahoma City's lake. They spoil our hunting and fishing grounds to make theirs better." Philantrhopy, which means "love to mankind," has no exact equivalent or synonym in our language, according to the Encyclopedia Britannlca. Enjoy Cool, Air-Conditioned Comfort NO BUGS TO BATTLE NO TRAFFIC TO FIGHT JUST SOLID COMFORT AND GRAND ENTERTAINMENT SUN. SEPT 20-21 AUDIEMURPHY JOAN EVANS ROBERT STERLING RWCOUJIIS PAIHERLEE NEW MAKJII A ABtf MANILA, ARK.

Air Conditioned By Refrigeration Matinees Sat. Sun. Phone 58 "Your Community Center" DON'T MISS! ALL THE SAVAGE FURY OF THE INDIAN For Fine Foods, Choose PICKARD'S GROCERY MARKET Nationally Advertised Fancy Groceries We Deliver Call In 2043 Come In 1044 Chick. FUEL OIL Sell That Stuff" Phone 2089 Office Bulk Plant Promised Land Dine Tonight At Moultrie Court Restaurant No. Highway 61 Phone 2473 -SPECIALS- Small Beef Tenderloin res Rj vl Catfish Wrapped wilh liacon With Waffle Potatoes Wlth French Frles $1.25 $1.50 SPECIALIZING IN STEAKS CHICKEN SEAFOOD.