Northwest Arkansas Times from Fayetteville, Arkansas on June 1, 1974 · Page 14
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June 1, 1974

Northwest Arkansas Times from Fayetteville, Arkansas · Page 14

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Fayetteville, Arkansas
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Saturday, June 1, 1974
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14 Norifcwwt Arfcamot TIMCS, Sat., Jun* 1, 1974 *»V«TTIVICL«. AKKAMtA* Counties Express Need For Facilities Debate Continues On Community Colleges BREATHABLE LIQUID DISCOVERED . . . Leland Clark Removes the animal from the beaker upside down so the liquid in its lung will drain. Oxygenated Fluorocarbon May Be Used As Artificial Blood CINCINNATI. Ohio (AP) -- A University of Cincinnati scientist has produced w h a t he believes is a practical artificial blood. The liquid, an oxygenated llu- orocarhon, also may be breathable by a submerged h u m a n , leading to several possible medical benefits, he said. Dr. Leland Clarke Jr.. inventor of the heart-lung machine, disclosed the development, now nearly ready for clinical testing, in an interview with The Associated Press. "We feel over the long run there will be many advantages of artificial blood over natural blood, especially in organ profusion and preservation," the 55-year-old medical inventor said. "Many thousands of people die each year because they can not get tile proper kidney for transplant. I f-?el its first use will be in kidneys, because it can keep kidneys alive for several days. CAN BE STORED "That's just one area. It can be stored easily and does not. have any blood types, and il can be sterilized, unlike natural }lood which carries hepatitis and other blood-bone diseases." Clarke said that in the early 1960s he read about another scientist suspending brain tissue silicone oil to obtain brain ...,ve readings. He said t h a t later lie realized that silicone oil was capable of carrying as much oxygen as air contains. "I went to the lab. took o f t my coat, poured the silicone oil into a beaker, bubbled oxygen in it. put a rat into it head first and he just kept on breathing," Clarke said. Clarke said he has also subjected cats and and mice to the experiment of breathing the liquid while submerged and they did not gag or choke. He work said he began serious oxygenated fluorocarbons in 1967 and soon he try liquid breathing himself. If f u t u r e human testing bears out his theories, Clarke said bis laboratory liquid could be used to treat sickle-cell anemia, eliminate the bends of deep-sea diving, eradicate the problems of transfusing human blood and be of use during space flight. Wednesday Selloff Weakens An Already Depressed Market By CHET CURRIER NEW YORK (AP) -- Concern over tight money put more pressure on an already depressed stock market this past week. The Dow Jones average of 30 industrials lost 14.48 points, finishing at 802.17, and declines outnumbered iuivances 1,13! to 539 among the 1.035 issues tradert on Ihe New York Stock Exchange. Most of the damage in the holiday-shortened week was inflicted' Wednesday when a steady selloff knocked the Dow down" 18.93 points to 795.37, its lowest close since last Dec. 5. Brokers said the drop ap peared to be a delayed reaction to a college commencement address delivered last Sunday bj Arthur Burns, chairman of the "ederal Reserve Board, reite ating Ihe Fed's intention to tay with a restrictive mone ary policy in order to curb in lation That assertion appeared lo Urn chances for any early letup n the pressures that have driv en interest rates to record lev els said. The? Dow recent weeks, analysis recorded a loss o Justice Building Tenants Face Rate Increase LITTLE ROCK ( A P ) Three state agencies leasing of fices in the Justice Building will be told June 14 l h a t their renls musl be raised. This is so Ihe Arkansas Su preme Court can h a v e a nev rotunda in which to mel. James Bullry. a Little Rock lawyer, said Friday the Justice! Building Commission would; need S176.000 in a n n u a l rent income to pay off 52.3 million in 30-year revenue bonds to finance construction of a r o t u n d a , in front of the existing building. The money also would be used to remodel the present courtroom wing for additional space for the attorney general's office. The commission now receives more than SH2.000 annually in rents from the Public Sen-ice Commission, the Transportation Commission and the Workmen's Compensation Commission. The commissions, in turn, charge the industries they regulate to obtain the rent money. The commission also receives an average of Si5.000 annually from court fees: however. Buttry said this should be used to provide the coverage above 100 per cent that would be needed to make the bonds saleable. The Justice Building Commission is considering an increase of about S2 a square foot. That would bring the charge to aboul 15.50 a square foot. - The commission voted Friday to uk representatives of the three agencies to meet with one of its commitlees June 14. 34 poinls in May for its wors rnonlli of a generally wea year. Alan C. Poole al Laidlaw Coggeshall, Inc., noled lhat, fo one reason or another, Jun has often been an importan month for the market. BEAR MARKETS A check of Ihe charts showei tlml bear inarkels had bol tomed out during June in 1932 1942, 1949, 1953. 1962 and 1970 Poole pointed out. "That's one hope we can lea on anyway," he said. The number of NYSE issue touching new 1974 lows swetlei to 500. while only 11 hit yearl; highs. Polaroid was the Big Board' most active stock and also it mosl dramalic loser, t u m n l i n 18V4 points to 37?i and t r a d i n at nine-year lows in the proc ess. Other volume leaders includ ed Cenco. down 4V4 at 6; Te \-aco. up ?B at 25^; j n te national Telephone Tel graph, up Hf at 20 l ,7. an MGIC Investment, down 2% a 17'i. On the American Stock E change, the most active issu Synfex. down 4vs at 45. o lowed by Research-Cottrell. 11 at 7lz; Giant Yeilowkni: Mines, up ^ al 14 ; Imperia Oil Class A. up ·« at 294s. Houston Oil Minerals, dow Hs at 39i. The Amex's market value in ex was off 3.2 al 249.1. Th NYSE's broad-based composi' index ost 67 to 45.92 Standard Poor's 500 sloe ndes was down ISO at 87.2: and The Associated Press 61 stock average felt 3.2 lo 249.2. Foxx Settles LOS AN'GELES (AP) -- seltlement is believed lo b near lhal will bring comedia Redd Foxx back to work ( N'BC's "Sanford and Son Foxx left the show early th year in a dispute over mone and working conditions. Bud Yorkin of Tandem Pr duclions said Friday, "We ar close lo working il out." Foxx, whose salary we from $6,000 to (25.000 a wee according to court papers, seeking a 26 p«r cent ownersh of the show. LITTLE ROCK (AP) -- The state Board of Higher Education was urged Friday to approve no more than two additional community colleges under the appropriation for the current biennium. The recommendation came from the legislature's Joint Interim Committee on Education after hearing from Union and Mississippi county residents who want community colleges. The Higher Education Board is not bound by the committee's rccommendalion, but Howard Holthoff of Gould, board chairman, has said the board would comply with such legeislative recommendations. Community colleges have been approved in Garland, Boone and St. Francis counties under a 1973 act. The committee's decision stemmed from a resolution tha' said the board hould be allowed to hear requests from Jnion and Mississippi county delegations "along with others where there is a justifie need." then make a priority lis for the location of such colleges and show the effect on the stale budget. The proposed resolution, .he request of tate Rep. Julian D. Streett of Camden, was ex tended to say the board should not authorize any new in titutions if their operational expenses would exceed the unds appropriated by the General Assembly for the remainder of this biennium. as determined by the board. TO WITHHOLD ELECTIONS Streett convinced the. committee several months ago to urge the board not to grant ap- jroval of any more community college elections without ex- change . He said he would ask the board to set such a limit. In addition to the three community colleges approved since 1973, community colleges are in operation at Fort Smith and Helena. CHECKING BUDGETS Streell at one point in- ilaining the involved. budgetary effect Dr. Olin Cook, director of the state Higher Education Department, has told the committee that $1.5 million of the commu- n 11 y college appropriation would not be spent at the beginning of fi cal 1974-75. Rep. Ray S. Smith Jr. of Hot Springs, commttee chairman, told Holthoff he could not see how the board could approve more than two additional schools without addilional funding. "What this resolution says is don't do any more than two; only we're saying it nicer,'' Smith said. Holtoff and Cook agreed. Holthoff earlier had agreed to recommend to the board that eight community colleges in Arkansas would be "sufficient until we get further direction from the legislature" or unless t h e e c o n o m i c a l situation Nixon Signs New Veterans Compensation WASHINGTON (AP) -- Com- nsation for 2.2 million disked veterans and dependents those who died of service innectnrJ disabilities will rise / 15 to Ifl per cent under a *w law retroactive to May 1. President Nixon signed the gislatton Friday in one of ree actions on veterans pro- 'ams. He also signed a stop-gap bill prevent 250,500 veterans om losing their education hen- its while , attending summer hoot. And he announced a ew Veterans Administration rogram to hire and assign vet- rans to colleges across the sun-try whore t h e y will at- 'mpt t o prevent d if fie u Ities lat have plagued the delivery education benefit checks. Nixon said the compensation icasure brings benefite "fully }lreasl of increases in living osts." The last such increase as in 1972, Veterans rated 10 to 50 per ent disabled will get a 15 per ent increase in benefits. And hose with ratings of 60 to 100 er cent and statutory awards or anatomical losses will get n 18 per cent boost. Thus. 10 per cent disability ill be increased from $28 to 32 a month, 100 per cent from 495 to $584. Allowances paid eterans rated 50 per, cent or iore for dependents also are aiseci. The payment to widows and nildren of veterans and to ome parents will be increased y 17 per cent. The stop-gap bill extends for lirty days education benefits or four million veterans who GM Concedes Vega's Aluminum Engine A Potential Problem NEW YORK CAP) -- General Motors pointed out a potential overheating problem in the aluminum engines of Chevrolet Vegas during the past week. With the heavy summer driving season looming. GM said it will fix free of charge any damage to a Vega traced to over- erved military between 955 and 1966, including 2SQ.OGG ;oing to summer school. These icnefils were to expire June 30. Paper Scrip To Replace Penny WASHINGTON ( A P ) -Stores soon will receive official Treasury Department permission to hand put paper scrip nstcad of pennies as change wcause of the shortage of the c o p p e r coins, department ourccs say. Some retail businesses already have begun issuing scrip or lack of pennies, while others have held off to await Treasury ruling on the prac- icc. Sources said Friday that Treasury attorneys have eluded [hat use of the paper pennies within one store would legal but are still trying to determine what defines a store. The problem is whether (he scrip should be honored only in ;he store where it was issued or in any store of a particular chain. Mint Director Mary Brooks said in an interview that the paper scrip probably would not x popular with consumers because they could nol spend il as regular currency and some might object to scrip in principle. Mrs. Brooks said she was hopeful that the need for scrip ivould be over by the end of the summer, as more persons return their copper pennies to cir- culalion. The Treasury has designed J u n e a s get-ontihe-penny month and will issue special certificates to persons turning in 525 or more in pennies to b a n k s or other commercial outlets. Mrs. Brooks conceded that the mint may have been partially to blame for the penny shortage because its proposal earlier this year to stamp one- cent pieces from aluminum caused many people to begin hoarding the copper coins in hopes they would increase in value. The proposal has been dropped because of the falling price of copper and the vending machine industry's opposition. Children Held Hostage In LR Bank Robbery LITTLE ROCK (AP) -- No arrest had been made late Friday in connection with the robbery of a Little Rock bank during which two children were held hostage. Officers said a gunman took the two children and forcec their father, Billy Wayne Hurd of Little Rock, to obtain about $!3.000 from a branch office of the First National Bank of Little Rock. Officers said t h e gunman wanted $20,000. FBI agents questioned, bul later released, a suspect Friday night. Police said Hurd was in his car pulling out of a parking lo after transacting business the bank office in the Tower Building in downtown Littli Rock when the gunman flagged him down. Hurd opened a car door thinking the man needed direc tions. but the man got in thr car and flashed a gun. Ray Faisst. special agent in charge of the FBI office a' Little Rock, said agents wen told the gunman held a gun on one of the children and tolc Hurd. "If you do not retu ·ith $20.000 in five minutes yo will be sorry." Hurd went into the ban' branch office and explained th .ituation lo tellers. They place in undetermined amount money in a brown bag, polic said. "Officers said bank em ployes were familiar wit Kurd. Hurd returned lo the car an got in. The gunman directe him to drive the car around th block. When the car was haltec by a stop light, the gunma jumped out and fled north. The children and Hurd wer unharmed. The g u n m a n was describe , as a white male, in his earl cnn 20s about 5-feel-IO. with hair and a moustache. He wa wearing a green baseball cap. Three Killed In Auto Wreck Near Malvern MALVERN. Ark. ( A P ) -Three persons were killed Fr day in a head-on collision o Arkansas 51 about eight mile north of here. Stale Posice sak The dead were identified State Police as Diber S. Cledic of Fordyce, John C. Steelma of Fordyce and Harold Hare, address unknown. Age of Ihe dead were unavailabl Slate Police said. Officers said the three we in a car driven by Cledic Stale Police said Ihe accide occurred when the Cledice ca hit the rear of a car that ha slowed to let another car cros a bridge. The Cledice car wa knocked by impact into t! path of the other vehicle. TERMITES' CAU A D M I R A L PEST CONTROL rxirH***, A rt»i 3p t cj*'"^ i» C O M M E S C I A l * aling. GM said the offer coved any of the 1.3 million :gas made before 1973 and ·iven less than 50.000 m i l e s reduced a motion asking the committee to defer action on the requests from the two delegations that wanted the com-, nittee to allow the board to tear their requests. Streett said he committee needed to know f the proposed operating budg ets as suggested by the committees were accurate The motion failed 11-7. The Union County delegation said t h e proposed budget for Ihe proposed community college during the first full year of operation would be about $632,560. The Mississippi County delegation said the budget for its proposed college would be about $700.000. Sen. Clarence Bell of Parkin lad called Streett's motion "a delaying tactic. "I've heard figures, I've leard figures, and I've heard figures,' 1 Bell insisted. "I think we're worried about money." Bell reminded the legislators that they had appropriated less than 10 per cent of the increase in funds for four-year higher educational institutions. He said many students could not afford to go away to college. "So, cost is not important to me," he said. Bell said fce did not believe Arkansas ever would need more than three or four additional community colleges. SHOULDN'T" DESTROY INTENT Rep. Charles R. Moore of Luxora in Mississippi County said he didn't believe the committee Oxford Students Carry On Mint Julep Tradition OXFORD, England (AP) -In the 14th-century dining hall of Oxford University's New Col lege, students and dons will sit down again today for a once-a- year treat--mint juleps. Usually they sip port at the end of their dinner, but every June 1 they make an exception in honor of a South Carolina planter who introduced the college 129 years ago to the celebrated drink of the American South. Each time the tradition is repeated, a place is left empty at one of the tables for he ptlan- ter, William Heyward Trapier of Wynah, S.C. As the story goes, Trapier happened to visit New College on a muggy June 1, 1845 and asked what he would like to drink he ordered a mint julep. The Oxonians had never heard of the drink -- a refreshing concoction of bourbon, sugar and mint served with crushed ice -- and Trapier had to make do with a local substitute. But when Trapier ended his visit, he left his family recipe for the drink and enough money to provide mint juleps in the dining hall every June 1. The only condition was that a place be set for him at the table -and the tradition always has ·wen maintained. State Collects Record Amount Of Taxes In May LITTLE ROCK (AP) - State, general revenue tax collections in May were more than $64 mil;; lion and represented the largest sum collected in one month in) the state's history. ^ It would seem to assure a surplus of more than $20 million in fiscal 1974 tax collect tions when the fiscal year endi June 30, ~~. The state collected $54.015,199 in general revenues in May and another $13.121,964 in special taxes, according to books in the office of stale Treasurer Nancy J. Hall. The special taxes are designated for highways and other specific programs. Collections after 11 months this fiscal year represent an increase of about 18.3 per cent over the same period a year ago. Sales tax collections reached a record $15.4 million in May. Combined revenues from indi- income record rich have not been abused by e owners. The nation's largest business a i d consumer complaints ompted notification of Vega fners that potential problems isted. A spokesman said GM had eceived about 2.000 complaints om Vega owners about over lating. General. Motors also said it ould be difficult to turn down pairs to a vehicle on the ounds of owner abuse. "You've got to take the an's word. Unless you have oof, you have to give him the should try to destroy the intent of a legislative bill such as Act :nefit of the doubt," the wkesman said. The cooling devices built into e Vega after 1973 will also be stalled in the older vehicles ee of charge, subject to the ame limitations, the company nnounced. Those devices catch radiator uids lost during overheating nd recirculate them back into le engine. General Motors said the main roblem facing the Vega owner s the potential warping of ma- or parts such as pistons be- ause aluminum doesn't stand jp to heat as w e l l as con- entional cast iron parts. In Washington this past week, 'resident Nixon took the unusu- I step of delivering a mid fis- al year report to Congress on ic economy. Recent economic events, Nix- n said in his message, "tend ) strengthen the expectation lat in the remainder of this ear's output will be rising more apidly. prices will be rising ess rapidly, and the unemploy lent rate, while it probably ill rise further, won't reach a ery high edes." 103. Smith later said that he also bought the committee "should read slowly" in slowing down he effect of legislative bills. 'We just happen to have a very cooperative commission," he said of the Higher Education 3oard. James Gardner, speaking for the Mississippi County delegation, said the full impact of the proposed college's operation would be felt in fiscal 1975-76. He projected that the proposed s c h o o l ' s enrollment would reach 1.000 within five years. He said about a three-mile tax would be needed to help finance the project. Sixty-five per cent of Mississippi County's high school graduates do not attend any institution of higher learning, he said, adding that the median school level in the area is the ninth grade. The Mississippi Cnunty delegation stressed that education would improve the economic level of the county and, thus, help to prevent crime. "It's got to the point that we Funeral Services Set For. Col. (room NORTH LITTLE ROCK (AP) - Services will be at 1 p m today at North Little Rock for Col. Fred M. Groom. BO, former state director of the Selective Service and a former member of the staff of the national director at Washington Croom died Thursday. He was state director of the Selective Service from 1955-66. In 1967. Croom joined the staff of Lt. Gen. Lewis B. Hershey, then director of the'national Selective Service, and w a s assigned by the late President Lyndon B Johnson to a committee to study the Selective Service System and recommend changes. Croom retired from the Army in 1970. the next year, at the direction of President Nixon, he received the Legion of Merit. He was born in Izard County and attended school in Con way County, graduating from Morrilton High School in 1933. vidual and corporate taxes also reached a $30.6 million. Individual income taxes represented $23.2 million of the total. Provided June collections follow the same pace, the state will finish the fiscal year with a surplus of $20 million or more. The surplus is the amount of collections above the allocations made by the legislature to state programs. Smith To Become Chancellor At UAPB PINE BLUFF. Ark. (AP) ~ Officials of the University of Arkansas at Pine Bluff said Friday that Dr. Herman B. Smith will become chancellor of the school on July 1. Smith is director of the Office of Advancement of Public Negro Colleges at Atlanta. He confirmed his appointment Friday and said he hoped to visit the campus June 12. He wilt succeed Dr. Johnny B. Johnson, who has been acting chancellor since the resignation of Dr. Lawrence Davis last summer. School officials said Johnson would remain in an adminisi- trative capacity. either will community have to build our _ _ school or community jails," said a member of the Blytheville School Board. Lee Roy Beasley of El Dorado, speaking for the Union County delegation, said the El Dorado Industrial Development Corp. had agreed to donate 22 acres of land east of El Dorado for the proposed community college. Of 1,800 students, he said 44 per cent had said they would attend a community college in Union County. He said 62 per cent of 500 civic leaders polled point before it re- had indicated they would sup- Iport a three-mile tax. March For Missions Held Here Today A Shoes for Christ March for Missions took place today in an effort to raise m o n e y for missions in foreign countries. The march which began at 6 a.m. in front of the United Pentecostal Church continued for 20 miles, along West 15th Street, Ihe Hwy. 71 bypass, Hwy. 265 south to Greenland and hack to the church via the bypass. The TIMES Is On Top of The News Seven Days a Week Wesion To File As Write-In Candidate CAVE CITY, Ark. (AP) -Joseph H. West on, 62, of Cave City said Friday he would file as a write-in candidate for governor in the November general election, following his defeat in the Republican primary. Weston was defeated by a substantial margin by Ken Coon of Conway for the GOP Republican nomination. cxrarr WATCH REPAIR SWIFTS V Nertfc 5Vi% 6%% 7Vi% We have a savings prognra ·nd Interest rate to meet your needs. Fayetteville Savings Loon Association 101 N. East Avenue WE'RE BANKING ON OUR NEW DIRECTORS Anyone who serves on the boards of United Community Services and the Elkins Child Development Center as well as a member of the Elkins Planning Commission is obviously active in community affairs. Yes, and active is a good word for Kingston, Arkansas native, Joyce R. Bunch. Numerous American Institue of Banking Courses and her seventeen years at the Bank of Elkins have made her quite knowledgeable in her field. Joyce is presently Cashier, Secretary and Operations Officer of the Bank of Elkins. She resides in Elkins with her husband, Joel L. Bunch and their two daughters, Sara and Rose Marie. Joyce Bunch FAYETTEVIUE'S SUBURBAN BANK L! 4 Bank of Elkins nig

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