The Courier News from Blytheville, Arkansas on January 8, 1954 · Page 10
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The Courier News from Blytheville, Arkansas · Page 10

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Blytheville, Arkansas
Issue Date:
Friday, January 8, 1954
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Page 10
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IB TEN Nrw Light Shed hiReufherCase SMKR for ferroiw HHi Hank Wall; Polio Jwt Waiting DETROIT UK — New disclosures, Including reported wary tipster contact* with police, shed fresh Htht today on the method of op. •rattan In the drive to crack the Walter Rcuther shooting mystery. TbM* were of the cloak and dag- ftr variety, presumably Involving great danger. The new details came out as the Much for suspect Santo (Sam) Ferrone, one of four men accused of plotting to kill the CIO leader ID IMS, apparently ran up against a blank wall. Police were believed trusting to • policy of watchful waiting until Perrone either shows up voluntarily or a tip to his whereabouts conies hi. The M-year-old convicted labor terrorist has been missing since prior to the filing of conspiracy and UBiuK charges early Wednesday. BackrroBnd Disclosed Prosecutor Gerald K. O'Brien disclosed some of the background to fee Investigation. He told of a late night meeting with an informer who called his home about two weeks ago and which, he said, turned out to be the "big break." O'Brien made his disclosures to newsmen and under questioning said his assent to meet with the informer meant he endangered hlm- •elf. The veteran prosecutor eaid "yes, there was" when asked if danger existed. With Detroit swept by rumors for 48 hours, O'Brien scotched one In particular. Perrone had been reported at one time preparing to surrender, with police supposedly made aware of this. One report said Perrone was hiding out In Chicago. O'Brien said he had "no knowledge" of Perrone's whereabouts and had "heard nothing about a surrender." Commodity And Stock Markets- N»w York Cotton (11:30 quotations) Mar May July Oct 3330 3330 3321 3351 3351 3339 3341 3341 332? 3284 3285 3273 Ntw Orleans Cotton Mar May July Oct 3328 3328 3322 3351 3353 3343 3341 3341 3328 3275 3215 3211 3324 3344 3330 3275 3324 3345 3332 3271 Memphis Soybeans Mch May July 307 306% 302 309 307 307 '/j 306 !4 303 '/a 302 Chicago Soybeans Jan Mch May July 306 '/j 309 30714 302% 30714 309% 307% 303-/4 Chicago Corn Mch May 155% 158% 155'/ 2 15T/8 Chicago Wheat Mch May 208% 208 "A 209'/ 2 20814 305 V, 307% 30514 301 >/, 154% 156'/, 208% 208% 309 307 Hi 303 ii 305ft 308 3051/2 301ft 154% 156ft 208% 2081/j Ex-Blytheville Lawyer Heads Corning Bank Sam L. Manatt, former Blytheville attorney, has acquired controlling interest in the Corning Bank and has returned to Corning from Iowa, where he has been president of a bank for the past six years. A native of Iowa, Mr. Manatt came to Blytheville shortly after his graduation from the University of Arkansas Law School In 1929. A few years later, he served as city attorney. In about 1935, he left Blythevl to become a solicitor in the Little Rock office of the Department of Agriculture. Mrs. Manatt is the former Miss Nettle Klein Elliott, daughter of the late Dr. F. B. Elliott of Blythe- Tllle. New York Stocks 02:45 qn.Ullonj) A T and T 157 Amer Tobacco 60% Anaconda Copper 31!,;, Beth Steel 50 3 /, Chrysler 60% Coca-Cola 117' Gen Electric 8.8' Gen Motors 60" Montgomery Ward 5T N Y Central 19 Int Harvester 28'' Republic Steel 48' Radio 23 Socony Vacuum 35" Studebaker 21' Standard of N J iy Texas Corp 53 v Sears 600 S Steel 397- Sou Pac 37% TO BE ORDAINED — Charles W. Belknap, son of Mr. and Mrs. Raymond O. Belknap of Blytheville, will be ordalneu to the ministry at the First Baptist Church here at 2:30 p.m. Sunday. He is a student at Ouachita College at Arkadelphla. With the Courts CIRCUIT — IBC11IT — (Criminal) — State of Arkansas vs. Clarence Warren, grand larceny. FARM (Continued fre« Ptft i) mers the idea that the system would provide a progressive decline in farm prices and Income. After touring farming areas of the country last fall, the House Agriculture Committee reported It found that most farmers dislike the flexible system. On the other hand, the big American Farm Bureau Federation's recent national convention went on record for flexible floors. The National Grange urged that the government BO slow In reducing price props. The National Farmers Union is campaigning for supports at 100 per cent of parity. One thin? that makes the flexible plan disasteful to some GOP congressmen is that farm prices and income already have dropped sharply during the past two years. Flexible supports, they say, raise the prospect of further declines. MCCARTHY Ohio has no official motto. It adopted "Imperium in Impcrio" j government within a government) In 1866 and repealed it in .868. (Continued from Page 1) ,ast July. But "on one point I will be completely adamant—I will not give an inch." he declared. He said this point is his claim to sole rights to hire and fire staff members. This was the issue on which Sens. McClellan (D-Ark), Symington (D-Mo) and Henry M Jackson (D-Wash) resigned, accusing McCarthy of trying to run "a one-man committee." 60 Are Exomintd At Clinic Hera For Crippled Children A total of to children were n- amlned by a Little Rock orthopedist and pediatrician at Crip. pled Children's Clinic held yesterday at the First Methodist Church. The quarterly clinics are sponsored by the county Health Unit and Welfare Office with the cooperation of the Blytheville Council of Church Women. Mrs. Gordon Harris and MM. Leon Wilson were co-chairmen of yesterday's clinic for the council. They were assisted by Mrs. S. E. Tune, Mrs. Bob Logan, Mrs. Johnny Marr, Mrs. J. E. Dicks, Mrs. C. M. Gray, Mrs. Carl Burton and Mrs. Lucille Watson. Favors and toys for the children were donated by members of the council and the Junior Red Cross. Pood for the children's lunch was donated by Meyers Bakery, Nunn Provision Co., Richardson's Grocery, Eberdt's Grocery, Pattons' Dairy, O. W. Davis Produce Co. and Dr. Pepper Bottling Co. $19 Bond Forfeited Two cases of traffic violations were brought before Municipal tourt this morning in .which one defendant forfeited a bond and hearing for the other was con- ued until tomorrow. W. E. Swindle forfeited a $19.75 bond on a charge of passing on a yellow line while the case of Bilbo Stolcup, charged with driving while under the- influence of in- ;oxlcating beverage, was contin- led until tomorrow with bond set at $120.73. CONGRESS (Continued from F*f* » planning for public works, federal reinsurance for health plans, ex< tended unemployment insurance, long-time housing loan* and slum clearance, and federal aid for state school building needs. Confidence Voiced Sen. Duff R-Pa) said the recommendations Indicate "the Presl dent's firm intention to fulfill all his campaign commitments." Sen. Bridges (R-NH) voiced confidence the President's program would have "overwhelming support, not only of all Republicans, but all thoughtful Americans as well." Sen. John Sherman Cooper (R- Ky) said the President "is assurn- ng the leadership that the people want." He predicted enactment of most of the program. But Sen. Morse (ind-Ore) found the message only "a masterpiece of platitudes, thereby raising false hope." Significantly, perhaps, there was Imost no criticism of the President's discussion of foreign policies, on which Secretary of State Dulles supplied additional details a 21/2 hour closed session with he Senate Foreign Relations Committee after the message was de- ivered. Dulles told the senators that both he United States and .Russia were laving foreign affairs troubles, but added: "As bad as our troubles are, I wouldn't trade our troubles for theirs." Dulles defended the proposal to withdraw two divisions from Ko- ret. ecplatnlac that additional South Korean troop* are being trained. He waa quoted as saying the North AUantlo Treaty Organ- izitlon (NATO) Is "In good shape." Controvert? Brewing Sen. Clement* (D-Ky) said he sees In the President's speech approval of "the foreign policy which the Democrats developed" and he hopes Republicans now would support the President, especially In continuing and expanding the reciprocal trade program. But plenty of controversy was brewing In that field, as it was learned a presidential commission plans to recommend shortly further tariff cuts, carefully safeguarded. Many GOP lawmakers have been urging higher import duties on some items. One administration headace in the field of foreign relations persisted, the controversial amen.d- ment proposed by Sen. Bricker (R- Ohlo) to limit treaty-making powers. President Elsenhower, Secretary of State Dulles, and other executive and legislative leaders met yesterday with Bricker seeking a compromise acceptable to him and the administration. But the senator said afterwards they "reached no agreement and nothing definite was accomplished." The President's proposal for wip- ng out the citizenship of convicted spies was described by Sen. McCarran (D-Nev) as "half-baked" and Chairman Langer (R-ND) of he Senate Judiciary Committee said he couldn't see where it "adds anything to present law." Press for Action Although the Senate committee gave no signs of doing anything about that request, Langer said he would press for action Jan. 18 on a proposed Constitutional amend- 14 Dtafns In lMt By The AModsM Accident* have Muffed out a* least 14 live* in Arkanut thli week—and eight of the victim* have been children. Five children have perished In flret since last Sunday midnight, one drowned and another died of Injurtea inflicted by a stick ol wood. - ' ment to give 18-year-olds the vote. The President's farm proposals -outlined only in objectives, with details to come Monday — got & frigid reception. Sen. Young (R-ND) called the President's proposals for sliding- scale price supports "the same old story." Sen. Eastland <D - Miss) said "they won't get anywhere." Rep. Vinson (D-Ga) of the House Armed Services Committee said he is afraid the administration \sA eaning too heavily on new weapJ» ons in its military program. 'This country can not be adequately defended by air and naval power alone," he declared. "It is essential that we have a strong ground force—an Army—to make a balanced defense team." Chairman Daniel A. Reed (R-,Y) of the House tax-writing Ways and Means Committee said he was 'encouraged that the President leld out hope for further reductions in taxes. House Speaker Martin (R-Mass) predicted the Republicans would run into trouble on the tax pro- )osals and Rep. Mason (R-ni) said he is opposed to tile President's proposal to continue the present 52 per cent corporation tax end excise levies which are now scheduled to be reduced nxt april. TAXES (Continued from Page 1) spectacular battle against administration tax policy last year, said he was "delighted" at the President's full support for a tax revision program now being developed by the committee and the Treasury. This program is expected to reduce revenue about $1,300.000,000 through a rewriting of the tax laws to remove alleged inequities. But Reed already has served notice he favors, excise tax cuts and will strongly oppose extending the present top corporation income tax rate of 52 per cent. It Is scheduled to drop to 47 per cent on April 1. Tersely, Reed said: "Those matters will receive the attention of our committee as soon as its work on the revision program permits." That was expected to be weeks away, perhaps leaving little time to cancel the scheduled cuts before April 1. 10 Per Cent Slash There were Indications Reed would support the excise tax slashes to 10 per cent mentioned by Simpson, who played a bit part in pushing through the administration's tax program last year. Bringing all excises except liquor and tobacco down to 10 per cent reportedly would cost 940 million dollars in revenue. The scheduled au- Livestock NATIONAL STOCKYARDS, 111., W— (USDA)—Hogs 7,500; fairly active; generally 25 higher than yesterday's average; instances up 3540; bulk choice 180-230 Ib barrows and gilts 25.75-26.00; few loads mostly choice No. 1 and 2 26.1025; 240-270 Ib 24.76-25.50; few 25.80; heavier weights In small supply: 150-170 Ib 25.00-26.00: SOWS 400 'lb down 22.25-23.25; few 23.50 ; heavier sows 21.00-22.00; boars mostly 15.50-19.00. Cattle 1,500, calves 600; small lots choice yearlings and medium weight steers 22.00 and one lot choice mixed yearlings 22.00; largely commercial and good heifers and mixed yearlings at 14.0020.00; prices generally steady; cows opened steady; utility arid commercial larijcly 10.50-13.00; canners nnd cutters 8.00-10.50; bulls unchanged; utility and commercial 13.00-15.00; cutter bulls 10.00-12.50; venlers 2.00 lower; slaughter calves continuing to show further weakness under pressure; very few prime vealers as high as 33.00; good and choice vealers 23.00-30.00; commercial and good 15.00-21.00; commercial and good slaughter calves largely 13.00-17.00; cull and utility vealers and calves 8.00-12.00. tomatic excise cuts would cost only 160 million more. Under the proposal Simpson mentioned, the new 10 per cent rate would apply to furs, Jewelry, cosmetics, luggage, women's handbags, all admissions, photographic equipment, light bulbs and safe deposit boxes (all now taxed at 20 per cent); to lighters, pens, mechanical pencils, local telephone calls and personal transportation (all now 15 per cent); and to long- distance telephone calls (now 25 per cent). Chairman Millikln (R-Colo) of the Senate Finance Committee said he was encouraged by Eisenhower's assurance of further tax reductions as finances permit. Sen. George (Ga), senior Democrat on the Finance Committee, suggested R compromise at a 50 per cent corporation income tax rate—an idea also widely supported by ways and means members. lit YOUNG KKNDENTC 19M 562 THOSE WHO MUST SUPPORT DEttNDSNTS 1953 iw» 90.5 77.3 £ OLD DEPENDENTS 1MO "" 9 13.4 * /ft uw IMO "1 11 Li IMO Tfc^ 1*70 GROWTH OF U. S. POPULATION—Latest figures from the Department of Apiculture show the U. S. population has in- mated from »2.4 million people in 1*10, to 159.7 million in 1953. AJ*o projected art hljh and low estimates for years up to 1»70. Inttt chart thows breakdown for 1WC »nd 135,1 of young de- I (under. 20 ye«r>), and old dependents (over «S years), •nd Uwse who mutt support (hem.. 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Greatly Reduced Men's ROBES In Small Sizes Now Drastically Reduced NO REFUNDS—NO EXCHANGES Nationally Advertised GLOVES PRICE Many other Values In Our Greatest Storewide Sale '

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