The Baytown Sun from Baytown, Texas on March 26, 1956 · Page 2
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March 26, 1956

The Baytown Sun from Baytown, Texas · Page 2

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Baytown, Texas
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Monday, March 26, 1956
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Page 2
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Bigfoarn Puizling Situation - -• -^ FARM LAND VALUES RISE AS AGRICULTURE INCOME DROPS By GAYM)RD P. GODWIN WASHINGTON, — UP — An'un- usual aspect of the f a r m situation is the increase in dollar x f aluc of land while farm income Is sliding. The Agriculture Department estimated the total value of farmland and buildings as of Nov. 1 at S101.S biilicn, an average of nearly SSS an sere for the 1,159 million acres in farms. This is an increase of 5 per cent over November, 1954. During 195 farm income dropped SI billion, or 9 per cent, from 1954, If is expected to drop further this year. Department economists harfily know what to think about the situation. "Daring' the last two years, tba farmland market has shown a unique, departure from the usual relationship between, land values and farm income," the department said in .1 publication,' the Farm Real Estat-2 Market. "No period of similar length, in which values increased as farm income and com- modity prices declined, can be observed in the preceding 40 years. "There is no single explanation of this seeming paradox, but reasons can be found in two general areas. "One concerns the beliefs and attitudes of people toward land, which have become strong market forces in sustaining- demand and in limiting: the acreage of land for sale. The other, and probably the most important, deals with the cumulative effects of advancing farm technology on the demand for a limited productive resource." The department said people generally hold the belief that farmland is still a safe and esirable long-tenA investment that offers prospects of capital appreciation as the national economy'expands. Both farmers and non-fanners consider land an asset whj-.ii offers security in event of inflation or depression. In short, - land is. regarded as a storehouse of wealth that offers more satisfactions than other investments, even though returns have declined. None of the characterise usually associated with a land boom can be found in the current situation, the department said. Credit has been extended and used with caution. Purely speculative activity is rare, and the rates of both voluntary transfers and foreclosures are at or near an all-time low. . The department hedged slightly in its appraisal with this ovservation: "Many people may not have given sufficient attention to the contributions that technology is likely yto make in the future toward meeting increased food -requirements, both on the farm and in. industry. Failure to appraise these probable production potentials can result in expectations of future earnings from land that may not be realised. The real basis for land •values in the future, as in the past, must be the level that can be supported by long-term land earn- Thod Felton $ We're At Fault, Not Life Must Realize Things Not All Rosy N£V? YORK —UP— Aa official of the New York Academy of Medicine has directed the attention cf the mental health movement to "the so-called normals" in the copulation which, he said, make UD the "vastly greater portion." "The trouble with many of them, Kcal Estate Insnranc* Loan* *t. Dividend Savings FRANK RUSSELL'S HORIZON HOUSE "World's Most Beautiful Airport Jtwtaurant" * Complete Dinners from Si.50 The exclusive Cloud Room now available lot private parties. Reservation No. Ml. 9-725! Houston Inteniotiondl Airport • BRUNSON NOW SHOWING THRU WEDNESDAY ANNA MAGNANI WON ACADEMY AWARD FOR BEST ACTRESS! HFATfrf TOXTTE MKllfcC MELODY TUESDAY THRU WEDNESDAY 7 P.M. FEATURE * ENDS TONIGHT * "HOLD BACK TOMORROW" "TARANTULA" TUESDAY * AM TOUGHEST J(MAN ALIVE %%itK?Z f fV- "-I'li-*^:*^' '•"•*'• ~" | F ip#ijj$$i Bf.HE * fe , s." i 'VaiA^X'il^Sj V AfU»6 *«il'l »ifTirtt EVERY WEDNESDAY IS • jl kp» * m jc SI DOM Lasf Times Today ~—• . KMVfKi TUESDAY - WEDNESDAY 2 BIG FEATURES "especially the younger ones," is they think life should always run smoothly and they will "live happily forever after," said Dr. lago Galdston, who is a psychiatrist. arid secretary of one of America's most renowned medical organizations. Speaking as one normal to other normals, he pointed to the dangers o£ such expectations. "When things do go wrong, we are astonished* bewildered and hurt," he said. "We are prone to feel that life has been vmfair to us. "But the crucial trouble is not with life but rather with us, in that we think only the mentally ill have problems. In fact, however, all of us do. Normal people have normal problems ,in normal experience." His communication was to a technical journal of the National Association for Mental Health and it acknowledged that the mental health movement had been concerned \vith "mental health, as with mental illness." Congress (Continued From Page One) the administration will mail out checks totalling hundreds of millions of dollars to farmers in advance of the November election. TRADE The Senate Investigating subcommittee summoned Undersecretary of State Herbert Hoover J Commerce Secretary Sinclair Weeks and Foreign Aid Chief John B. Hollister to testify in a renewed attempt to crack acministrau'on secrecy on its policy toward strategic trade between U. S. Allies and the Communists. STALIN" Chairman Francis E. Walter ID- Pa.) said his House Committee on Un-American Activities has asked 27 experts on communism to evaluate the new Russian "propaganda offensive" against the late Josef Stalin. •JUVENILE BELECQUEXC1* The Senate Juvenile Delinquency subcommittee said movies are becoming more brutal, violant or sadistic and could touch off "antisocial behavior in emotionally disturbed children." Drowning-- '(Continued From Pajje One) young Ricklefsen into the water. According to Morton, Dave Thompson, Houston justice of the peace, conducted" the inquest, held at about 4 p.m. One man said the tent of some of the members of a Woostcr Scout Troop, who were camping near the lake, was not moro than 30 feet from the scene of the tragedy. The scene of the drowning is at the east end of Lake Houston near Huffman, and about three miles from the Huffman road. Funeral services for the dead boy were to have been at 2 p.m. Monday in Earthman's Funeral chapel in Highlands, with the Rev. W. F. Sancilin, pastor of the First Baptist Church In Crosby, and the Rev. T. P. Hcndricks, of Highlands, officiating. Survivors include his parents; three sisters, Mrs. Gladys O'Brien of Highlands; Mrs. Bertha Mae Kosina, Sweeny; and Mrs. Dora Lavergne Vance of Huffman; two brothers. Carl and Johnnie C. Ricklefsen, both of Crosby. Burial will be in Rosewood cemetery under the direction of Earthman's Funeral home with Paul An- cerson, Louis Zalcsak, Delano Zwahr, Wir.frcd Pate, Joe Macbala and Joe Low<3en, as pallbearers. MIKf FRANSSEN STATE RESERVE LIFE "Seo Mo Befort You Di«" KREL 1360 ON YOUR DIAL WONDAY EVENING . Hut ana 6:00 — ilfco Drtfiwoofi Driv» «:5S — J»'«w» Headlines 7:0') — Niffht TraJa 10:oy— Sign OtJ TUE«OAY MORNINQ o t t:30 — Biudia I 7:28— Krwi 7:20 __ Stadio » «:&0— iJtKuMd Sho 11:00 — Newt JJ: 64 4? l .j 611-s 49H-' 72*1 14 & Noon Call- Stock Quotas •(Courtesy Merrill Lynch, Pierce, Fenner & Beane) AHeg Ludlum . . . . ........... 42% Allis-Chalmers ...... ........ 73>,i Amer Cyan ..... . ........... 72 ! .i A T and T .................. 185 Anaconda Cop . ............. Slit Andcr-Prichard ............. 66% Beth Steel . ..... ; ........... 163,. Celancse ........ . ...... ..... 1S& Celotex ..................... 41 Chrysler Corp .......... ..... 77 & Cities 'Serv ...... ............ 61% Columb Gas ................ 15;i Creo'e Pet .................. 82 Do\v Chem ................. 69!* Du Font Chem .............. 229& Dresser ......... , ........... 65H Eastman Kodak ........ .... 86 v i El Paso Nat'l Gas .......... 4-i -?i Fair-child Eng . .' ....... ...... 13*1 Freeport Sulph Ford ... Gen Electric Gen Motors ... Gen Teleph Gen Tirp and Rub Gillette Saf Goodyear Tire Grcyhcnmd Bus Gulf Oil .................... 100 Gulf SUt Util .............. 42 Houston Oil H. L. and P. Co ............. 48 Humble OU ............ ..... 123 Imperial Oi' . ..... .'...,.... 47 s s Int'i Nickel ................. 91% Int'l Harv- .................. 37 Jones and Laugh .......... 49^i liibby McN .............. ..36% Liggett and Myers .......... 6S->1 Loew's lac ..... ............ 23 La Land .-'• ---- . ............ 136^ Mack Trucks ....... ....... 32 ?s Merrill Petr ---- . ..... ..... 20 Monsanto ................... 49^ N&i Dairy Prod 1 .............. 38 ?i K e%vp Sfews Ship ....... ..... 5SU Ohio Oil ............ '.,,...... 43^ Olm-Math ..... . ............. 5S?* Etude-Packard .......... • ---- SM Pacific ePt ..' ................ 15% Pac West Oil ................ 50 Pancoastal ePt .............. 2H ranhandle P & R. ........ •• . . - 13 V 4 Fenney's Inc ................ 95 i5 Phillips Petr . . ............... 94 % Pure' Oil ................... • • 47 Siterrv-Rand . . .............. • 27K Repub Steel ................. 4SU Sapphire .................. 3 3/16 Sears .......... . ............. 34 ?S Shell ......................... ~>9X Sinclair Oil ...... - ..... ' ...... 62 '.i Skeily Oil ................... GS Socony-Vac ... ............... 71 :« Sou Pacif .................. '• • 57?; St E.egis Paper .............. 4S*s Stan Oil Calif ................ 103% Stan Oil. Ind ......... • ........ 59 T4 Stan Oil Ohio .......... ...... 63"i Stan Oil X. J. ................ 59M Sun OH ..................... 7S Sunray-Mid Cont ............ 26% Tennessee Gas ............... ~^^» Texas Co ..... • .......... • ..... 132U Texas Gulf Prod Tex GuU Stilph Tidewater Corp Textron ...... ............... 24 Union C & C ............... 121 Union Oil of Calif .,..,,,,.... 61 U. S. Steel United Airlines United Carbon \Voodley Petr ................ 60 '? Feb \. O. Cotton ........ down 15 AlumUd .................... 1135s Court Ruling Deprives Three Cats Of $1,600 SANTA MONICA,- Calif. — UP— A ruling by Superior Judge Orlando H. Rhodes deprived three" cats of ?1,GOO Monday. The judge ruled that California law would not allow the bequest of the late Dr. Riva lapsics who left the money to his cats, Domina, 'Mona and Calico. The money will go instead to the doctor's sister and attorneys for the estate will try to find homes for. the penniless cats. Daniel . :1»— KIgh)»r.(!« Afwmbiy o* Ool 1S:30— In Tt* PuWJo Jnwresi I2:<.V— Ma *.IB«# l:0fr— CiUb 11* (Continued From Page six years. He ran for the U. S. Sena'te in 1S52 , and won. If he runs for governor, it win be against J. Evetts Haley, Can- Reuben Senterfitt, who is a former speaker of the state House of Representatimcs for two terms and That year, he ran for attorney gcneral'of the state and held the office for three terms, a total of «ix years. He ran for the U. S. Sena'te in 1952 and won. If he runs for governor. It will be against J. Evetts Haley, Canyon Tex., rancher and writer, Reuben Senterfitt, who is a former speaker of the state House of Representatives for two terms and a resident of San Saba. and against O'Daniel, now a Dallas insurance man. Potential candidates, who have not announced yet, include P-alph Yarborough, an Austin lawyer, who has been beaten twice by incumbent Gov. Allan Shivers. Shivers has declined to run again, after serving nearly eight years. Shivers - - (Continued From Page Ono) day night at a state Democratic executive committee dinner in Houston, The Texas governor said he personally likes Tennessee Senator Estes'Kofauver, who is campaigning for the nomination, as wall as New York Gov. Averell Harriman, mentioned as a prospective candidate. However, he said he docs not see eye to eye with them on some of their political beliefs. Shivers said that while he liked Johnson personcllv. he could not accept him unconditionally as a favorite son candidate or as chairman of the Texas delegation to the Democratic national convention. The governor said he was not "running" for the- job or delegation chairman, but would accept it if offered him. As for "resident • Eisenhower, whom he supported in 1952, Shivers said: 'I think he has made or," of the truly great presidents in American history." Shivers said he has no personal political ambitions, after deciding not to seek reelection as governor —a position he has held nearly «Kghl years. However, he said he would like to see the Democratic presidential platform contain a plank calling for an Interposition amendment. He said he considers interposition to be "public opinion," and to cover the entire field ot encroachment of states' righte, rather than the one issue of integration. ' Charms Draw Comment LONDON —UP— Thn Women snd Girls Help Society Monday reported €2 new cases of unmarried mothers who became involved with Americans, Canadians, Poles am! I^tvians. It said in its report that the foreigners swm to "have a!l Ow charms which the plain English laes teem to Jack," i Stork Stops , ' • ':•' ' { -CUSTI8 •. ;••" , : .I.Dr. 1 and Sirs. M, L. Cuetis of Portland, Ore,, arc parents of a boy, Warren Lawrence, born March 20. The mother is the former Miss Marilyn Fr^zier .of B a y t o w n. Grandparents are the Rev. nnd Mrs. Leon Fraizer of Baytown find G. W.:Custi9 of Tacoma, Wash. Dr. and, Mrs. Cuslis also have a daughter, Karen, age t wo - •MHM^VM^^ Lloyd Monday, March 26,1956 » c DRIVE-IN v PHARMACY 320 W. WE FEE WAL 2775 NO PARKING PROBLEM free Delivery - Open Until Midnight -Try Sun Classified Ads—Dial 8303 Thete Values Good Mon. Tue$. and Wed. at Henke't ft laste-femptmfl foods 9 _*rja^>..,. I si ; DRY SUGAR CURED, BY THE PIECE BREAKFAST BACON Tender Sliced Yearling Liver -39 C Rathi Smoked Meet Fry — Sake — Broii! Boneless Dainlees - 59 Swift! Popular Brookfield Links Fres-Shore—A Kroger Quality Product Breaded Shrimp Savi UP to 22c a Pound on Cofff« Premium Crackers lorrftn't Cr*am«4 «t Dry ;'.~ Cottage Ch.«f«..*.. CL £. 25c Loaf Coke JpoHight Coffee . V. L8b 79 e Apple (Crunch Ea 43 C Crowns 6 for 27 C Cherry HARRIETT PALMIR ALL BUTTER COFFEE CAKE Baked Freih Daily— Pridt Of Our Bakery Henke's Own Mel-0-Soff Bread 2 Biscuits y rEALLARD *>.» OR PILLSBURY"."*; ^•••••'••''"•'"* : -''*~"<^^ TEXAS SMOOTH CRISP CARROTS Tender, Crisp, Fresh Lb, Bog U.S. No. 1 Louisiana Radishes 2 £' I5c Yams 3 L £25c ra Lee Frozen Buffer Pecan Coffee Cake " ° 9Z 69c % ,>j DIAL 5 mis. BUY ? BAR*; FREE! 35£.. 35c Lux Flakes R * 9< 71 r 9 iant 77f Sixe Jit Sixe IJV Mtnke'j Everyduy tow Price PARD r Dog Food ( 2 Can*' 31 C Mtnlte'f tftrfirr LOT Pfie* Faultless Starch 2 U-0«. «|f^ 36-0«. <*^_ _. • \r „. < f f Pkji. I,rfV Pkg. «|f U K«n)ta'j ly«ry<tay Low Prle* Liquid Trend .2&'59c KenM'f Iv«ry4«y to* Price Wesson Oil Quart 6 1C Mcnk«'i tveryday low Pric» Liquid Trend Giant C^J* H«ftV»'i Ivtryilsy I** Prit*

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