Northwest Arkansas Times from Fayetteville, Arkansas on July 18, 1952 · Page 3
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July 18, 1952

Northwest Arkansas Times from Fayetteville, Arkansas · Page 3

Fayetteville, Arkansas
Issue Date:
Friday, July 18, 1952
Page 3
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NORTHWEST ARKANSAS TIMES, foyrtttvllto, Aikflfu* ftimf, My II, 1*0 Financial Reports Show Profits Trailing But Cash Dividends Up Over Last Year Hiki to Fill (Mlrol Of 63 Movie Houses Bjr SAM DAW SON New York - ifl'i - Prodis a r e | , . " , - trailing 12 per cent behind last | £? ,.' }tar--il first returns prove to be typical. Strikes, higher.taxes, rising costs of doing business and the tight clutch t h a t customers are keeping on their purse strings -all are slowing down the profit train for many corporations. The first 40 companies to report o_n their earnings for the first six July is over. But only five of these 40 show profits this year than in the like six months of 1951. Anrl 35 are down. None, however, was losing money. And none shows declines t h a t were unexpected. Strike Toll Ftlt The toll of the sleel strike is re- the ' fleeter! in the first reports from ! f a r m Pqll jpment fields. And all that industry. None of the b i g . are rioing some business cnnnect- producers has reported yet.; e r i direc ,ij. or indirectly with '.he Memphis-f^Pi-A transaetion y?s- last year. ! terday that dissolved a partner- These iron and steel companies : shi l °' m " rt than thr « decades are the worst hit, of course. B u t ' sav1 Malco Theaters, Ii.r., and Malro Realty Corp-'ration f u l l houses. The ers in Tennessee. Kentucky, Arkansas, Mississippi and Louisiana. Thirty-three per rent of the stock of the tvo corporations was obtained from M. S. MeCnrrl and M. J. Pruniski of North Littl? big drops, too, are shown by first to report in the paper, con- i r TM , P "i taincr, business machine and re-: ,,_" "V?I;!!..,??. .?,.!!: tail trade fields. i The five companies who did bet- ' ter this year than last are in the , aircraft, shipping, machinery and ', Meeting To Discuss ! Phone Co-ops Scheduled Thr REA will sponsor a meet- · inc, to explain how telephone co- i i ops work, at the Keyhole south of Fj,vptt~-;iio -, n 71 Highway at 8 . p. m., .Inly 22. : · -i n v .Vent Carl HO-SP will explain how rural people may oh- ; i tain telephone servirr. A n y o n e in ; the cnuntv interested in obtaining | R rural telephone is urped to .it; I tend. ! steel months are only an indication, of · But five companies that produce. defense program. course--a mere trickle' preceding the hundreds of famines statements that will flood in before! drop of 21.7 per cent from last iron ore. or make specialized steel products, show an average profit | Dividends Run Ahrid : Rork, Ark. Pruniski and McCord : will continue to control and op: erale a group of theaters in I North Little Rock. in slow rd . STRAIGHT BOURBON WHISKEY 1*1 AMIKiK DISTIUIaC COMPANY, IK. . nil., III. TUNE-IN SAT. July 19-8:30 P.M. Radio i/fDU Station l\.Ol\n And Hear IKE MURRY from PINE BLUFF for GOVERNOR Get Aboard the Winning IKE MURRY Bandtvagon Pol. Adv. Paid By Jim Bland, Campaign Director, Little Rock While most corporations are M , Thealers ,,, ,,,,,,, making smaller prom., after taxes m n v i c houses . Fa , clu , vi , le . "^ this year, cash dividends of all Cark t h e O2ark a n d , h(1 p ', corporations are running five per Loris s t a n t o n is FavettevU | e man . cent.ahead of a year ago. The ager. Bentonville Commerce Department r e p o r t s ; that nearly four billion dollars \ was paid shareholders in the first six months or 1952. The biggest increase in dividends was in the oil industry, u p ! Miss Carol Ann Wagn°r Is 20 per cent, and in non-ferrous · spending this week with her aunt, metals, up 12 per cent. Sharehold- Miss Bercniece Allum in Bartles- ers of auto, textile, leather. food,*\'ille, Okla. drink and tobacco companies av- ! Dan Andrews, who has been a eragpd loss in dividends this year ' patient in the V/*t?rans Hospital than last, the department says. ·. in rayctteville for .-=nveral weeks. . ' returned to his home hereTuesd.iv. Earning Lfvel Off | Orvillr nnd Mac Clift are in The profit statements of t h e ^Marlow, Okla.. visiting thrir cranri- first 40 reporting seem to show ' mother, Mrs. O. R. McKinney. and that earnings outside the s t r i k e - ) their uncle and aunt, Mr. and Mrs. bound iron and steel industry have fairly well leveled off, a f t e r their drop at the start of the year. An Associated Press tabulation in April of 273 companies reporting on earnings for the first throe months of this year showed an average drop of 9.4 per cent from a ypar ago. The 11:9 per cent drop for the entire six months, as shnwn in IV first 40 reports, is heavily weighted by the 21.7 per cent drop in the iron and steel group. The other industries ?eom In be run Guy Henderson. Mr. and Mrs. George McRell and grandson,' Dftvid Fick, and Miss Leota McRell of Saginaw, Mich., have returned to their home following a visit here with Mrs. Alice McRell and other relatives. Mr and Mrs Charlie McMillan of Harrington. Kan, were here Thursday visiting his cousin, Roy Stamper and family Bob George returned home Sunday from Tacoma, \Vash., wh«rn he hart spent six weeks visiting relatives. i Mr. and Mrs. Lawrence Mr Roll ; i and daughter, Sarah Jane, nf Ch^- ', n i n n along f a i r l y steadily on the j mite. Kan., were hrre I h i s week lower level. And some appear to | visiting his mother, Mrs. A l i c e , have done a little better in the | Mr-Hell. I last three months t h a n in the first Bobbie Dean Creek, who has preceding first quarter. And the total earnings of the 40 SI29.083.96R. a f a i r sum. PVPR if it is down $17,573,283 from the profits of a year agn. St* Pirkuji In Profit* been at home on a thrw weeks (cave, has returned to U.S.N.S. at i Tongue Point, Astoria. Ore., where! hr has been stationed for over a ! year. Miss Octavia Lowrcy, Rent on County health nurse, is spending Rnhm?nn. w h n h ^rrplnv- ! R a l t l e C r r r k . Mich.. i« ' Fnpndins a f**w d a y s w.ih hU f a m - . ily hern. His si«trr, Mr;. Dewry G r i f f i t h i? v i r M i n c rel-i'ivrs nr;ir Van Rurcn n n H Winslnw. .lamrs Osbnrne stnppcr! t h i e p days w i t h his parent?:, Mr. and Mrs. Connor O«borne, c n r n u t p . from Philadelphia to r a i r f i r l d , j Calif., and Tokyo. O^bnme is oni- ploynd by t h e P h t l m CoruorHiinn as a field engineer and w i l l spenrV one year in (be Tokvn office. I Mrs. E. A. Hohhs loft hv pl.-inn' Tuesday for Pampa. Texas fnr a visit w i t h friends. B. F. David is spending his vacation at points in Illinois. He accompanied his nephew. Warren . David, who had been v i s i t i n g here, ; on his return In Sherrod. I I I . j Mr. and Mrs. Clifton Walts of Pensacola, Fla.. residents hero, announce the birth of a son born July 2. Mr. and Mrs. Jack Davis and two children of Portland, Ore., are visiting for a short time w i t h Mr. and Mrs. Raymond Morrison. Mr. and Mrs. Rex Johnston and daughter of Illinois have been guests in Fayetteville and Winslow w i t h his parents, Mr. and Mrs. Milton .Johnston. Vera Jean R i d d l e is being sponsored by the Winslow Lions Club to represent Winplnw in an ama- leur contest in Fort Smith Saturday. Mrs. Foster Yadon and daughter. Judy, of Fort Smith are at the home of her father. Mayor E. A. Hobbs, for twn weeks. Radio Station Planned ' At Morrilton, Ark. , W^hiiijMdi -t/Vi- The M ' T r i l l i i n R i o a c U ' a F t m i ; t'nupnn;. of M o i T i l - j t n n , A r k . . IPCPJ-. p-j ;i permit fi"»rn thf ('"mn.mnrr t n n r f i m ^ i N ' i ' m : x p M p r d \y for ;i iv- ^ . . M . l . i r t r i - | )]o :,i!i"ii. Tin- :"r:^it -:t.,ni.': ; l i" ! .-'.limn pc: :ni: - i -!i:i in ''pfM.i* r t nri : ri") kilocycle.--, i;,V) \;. /([\-',\\r. i ! only. ! Ill n U i r r , l l - l l M ; i , t l l P C ' i j | i ; i | ; ; : i f , - i renVn'.fH a i n n s i n i c t i o : i pr-mii I f u r prnpnyM R n r l m S t i t - m i K X I H O , : M f i H r r n , A r k . , en ir.Bn k i ' i v r l p .. ] k i l o u - a i i . i].tytin;p n n l v . and ,j|,,. ini.-^rd an f i p p l i - . i i - o n I"- S ' ; » i i o n ' KDAS. M a h - r r n . in f r r t-j Ihr ISBO-kllni-yclp MTipr-iry. Tli" KU?/V-\V'!.VT-. if t h n s-.i- ri:in. !hf " f i r M - i ' . ' ( . - . f i / z h t i n ; ' , ';:.·;:;". nf K i p h P E ' s ponn, sc",!-- t h r u - . major q i i a i r r l s w i t h Mvnril.';. h u t in minor disputes. !hr rnntrtant.-; « s t a n d srmir vntrk np.irt in Miiall i riirlps m n r k P d in llir .-Mind iuui t h r f i w rocks at rarh uthcr. i '/i GALLON Yanilia Ice Cream 63c Holland Brn. Locker Plant FOR GOVERNOR Qualified by HONESTY * MATURITY ABILITY* EXPERIENCE ftl «J pilrt tor br Jick JIfWt. Jr . UlU* Rod) It had to be good to get where it is! tried it? Old Time Brush Arbor Revival Evangelist Jesse Coleman 8 P.M. Each Evening Beginning July 21st · Special Music · Group Singing · Two Pianos -- At New Building Site Providence Baptist Church Seven Miles West Highway 16 Wtsr Many observers feel thai prof jt.s | a few days vacation in Hot will pick up in the second half of j Springs. this year. They reason that inven- I Earl F. Pettyjohn, state field lory losses will be lower, since \ representative of th? Farmer? many companies have now got out ST*. Administration and Lewis fro. under thoir heavy lonH. Kn- ^'Sin^oM^?^. ^ tail sales have boon improvinc m jn t h f i L . ounly o f f j c e Wednosri j, y recent weeks, bringing nearer the | an( \ Thursday, day when merchants will be re- j Mr. a n d ' M r s . Charles Was of Used by thousands in redi.c!nl iiets--Junge's Roman Meal Bread 11-19-tf Keep *p wttft in* in (rw TtMKR 4»»T it i stocking anrl reordering f r o m manufacturers. The sleel strike is the greatest present worry. Will it end higher prices and higher wages spreading throughout industry in general? Will it bring on more inflation? Or does it mean t h a t many companies--once the strike is ended -- will be very busy for a while catching up on time lost? If so, earnings may be much f a t t e r in future reports. And the exchange where most Chicago were here Thursdav vis- j iting Sheri.'f and Mrs. John Rlafk. j Was and Sheriff Ulack served t o - ' i n j g e t h e r in the army overseas during World War II. Mr. and Mrs. W. H. Welsh and ; two sons, Jadean and Bobby,! spent last week in St. John. Kan., j visiting relatives and friends. I Mr. and Mrs. Jay Fierce left Monday for Bartlesville. Okla., on a business trip, Mrs. Fierce returned Wedncsdiy. Mr.s I3e??te Andrew returned Tuesday from J n n l i n , where she was called by the illness and d e a t h of her unole. J. A. Koonz. EVERYTHING M nd sumiti FAYETTEVILLE IRON and METAL CO. OOVMNMINT AVt. WE ARE HOT WATER HEADQUARTERS From 'mm to Up. nuiMinir witer lut ilwiyi hen · pl«nh*r'i job. Cniw* Line Wiler HHIMI K fold ind Instilled by lleenitl mnler flmmkrri... your usmrinre of · hat »«lw fccok. ·p be«t ixited to ?or nc«df. S«e n for the bett !· ntonutie, «ono:n!csl, tnmble-f r*« Iwi water tcrriee. FAYETTEVILLE Plumbing t Htating Co. 310 N. WHI Phont 730 r R f C / S f f R f O CRANf WATCR HIATCB D E A L E R COMPLITI P L U M I I N * of these 40 companies' shares arc | pfc Bobbv wdsh h ., s ,. otl|n , p ., traded is having an even leaner j , o c , qrnp Crowder. Mo., a f t e r j year. . spending a 30 day leave at home.' The New York Stock F,xchange | Miss Joe Carnes of Little Rock i reports its earnings for the first I spent the weekend here visiting j six months were $218,470 against her parents, Mr. and Mrs. J. V.; S388.827 a year ago--down 43.8 · Ca_rnes. · CLIB BARTON for Attornty General 9 Hit m*r* tttptrlene* Ihtn all hit ?p|MMiiti ccmltlnHl. 9 Cndtnw* 1H% at Htm* hjr Uwytrs an* ju*|tt! Pnirt by Pnul Johnson, Monli- rrlln. IRANB T H E O L D S U N N Y H O O K C O M P A N Y . l O U t S V I U E . K I N T U C r t per cent. X-Ray Unit Brought To County, Many Examined Miss Francille Oakley nf L i t t l e ' Rock, former RentonvilJe resident. ! has been elected corresponding secretary nf the M. M. Eberts Unit No. ], American Legion, at Little. Rock. ' Marine Cpl. Fay Albert Putman,! husb.ind of Mrs. Fay A. Putman .of Gravettc. was wounded in Ko- -· The ehest X-ray unit, sponsored i r(?an fighting, the Defense Depart-'. by the Washington County Assn- ! ment announced this week, cietion and Health Department, reports a total of 1,79(1 persons examined in four days throughout the county, prior to arrival in Fayelteville. Employes at Swanson and Sons \\-hn were examined Wednesday, numbered 343. The unit which is open to the public at no charge .operated yesterday and today, and will also MORE TO Sergeant and Mrs. Hal E. Fields of Fort Bliss. Texas., announce I n n b i r t h of a son on July M. Set. Fields is the son of Mrs. C. L. Fields of BentonvillP. Fifteen men from B e n t o n County loft Rogers Wednesday morning for thp Little Hock induction center, where they wrrr · to be inducted into the armed forces. Thry worn: Lee Olpn Edwards. Bentonville; Creslie Dean CUrk, De^atur; Barto Marvcflijiin, Siioam Spring?; W i l l i a m · Glen , West, Maysvillo: Clifford Thomfls! Ames. Siloam Springs; Billy R a y ; McGinnis, Rogers; Dale Emerson i Williams, Rogers; Le* Roy P a l - 1 more, Bentonville; Marvin Leroy ! Turner, Rogers; Clifford Alfred : Sagely, Bentonville; John Henry siirprisrd Hollywood by eloping ' Drymon, Lowell; Paul Hubert with a spa captain to Las Vegas ' Killion, Sulphur Springs; Lavel 1 Anderson. Springtown; Jark Durr Bridges. Monte Ne; James Samuel Jones, Transferred from LB No. 125, Long Boarh, Calif. i IXTtA WIDE CMOICI ·f Itylifil «i4 Col... b: open Monday from in a.m. to 1 p.m. and from 2 p.m. to 5 p.m. Marion Davies Files Suit For Divorce Santa Monica. Calif. - (/P) -Former Actress Marion Davies. who IXttA ilAUTY AND OUAtITT EXTRA SMOOTH PIPtFO^MANCt EXTRA ·IDING COMfOKT DttSA STIIHOTH AND COAtfOtT sf tody by fi.h.r of C.nltrpolw Pow.r ,( Improvtd Kn».Art!on »f Fltfw Unlitttf CwftTMtlM EXTRA SMOOTHMIlt ·f AwfMVHttU ' EXIIIA STEEIINS EASE ·f Ctntar-Pvint St**r!nf UI«A STOPFINO rowii ·f Juiafri Onm EXTDA rtESIICE · America'* Melt t*f»\ut Car A complete po*tr team with e x t r a - p o w e r f u l Valve-in- Head engine and Automatic Choke. Optional on De Luie moc 4 .eU at extra cost Nev., eight months ago, has filed | suit for divorce from Horage G. i Brou-n, ,Ir. i Miss Davies, long-lime friend of · the late publisher, W i l l i a m H a n - : T FCC "Pfl DAV iUMaa 1U rill Me Cfuyro/et fine. A hwf price*/ in fc fte//f Uniforms of the Swiss Guards dolph Hearst, charged cruelty in j !n l n p Vatican ware designed in : her brief complaint, filed yester- i t n p | 6ln Century hy Michelangelo.' day. The complaint said Miss Davies separated last Sunday from j Brown, former Merchant M a r i n e captain and Be.verly Hills society | figure, who is from Richmond, V;i. ' AttvtrtlM I* Ihc TIMCft--It »»Tt- : You are cordially invited to see the NEW FALL FASHIONS ARRIVING DAILY at the · Choose from these FIRST ARRIVALS. A small deposit reserves your choice in our layaway! God's Helping Hand Anyone, at anv mo. men!, can s«k and find God'* helping hand. SCIENCE nnd HEALTH with KF\ in thf Scriptiim hj- Mirr Rikrr FH^T Is shewing ihe wnj for multitude^ -- the wiy of peace and fulfillment. This great bonk, together m i t h the Bible and other authorized ChriMian Science In- erattire, may he borrowed, read or purchased at CHRISTIAN STIRNCT, MKADIM; C*rtwr P*rrM( « 3 P.M. t* S I*. M. A public Itrvk* prctfram In »^Hrl!n wiTh Gi««n C».i m* Hi,hw. r Softly Cwnmilln. ? CHEVROLET MORI pioni IUT cwvtoim THAN ANT OTWI Ul! ttwut pHrtd In Iti lt«ldl kw'iufilul f*« Styltl.n* 0« Iv,* J O of. I |tt lor Hit thai O n, (6·t^ n M l ),'· w r r 11 r.ld. rCamii' U «r.» M HaMo-d ·^·^ PMCI0 SO LOWl Green Chevrolet Co. 17 K.

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