Blytheville Courier News (Newspaper) - May 12, 1953, Blytheville, Arkansas PAGE TWO Billion-Dollar Businesses Growing in Size Number By SAM DAWSON NEW YORK AP Billion-dollar businesses are growing both In and in number There are 29 now with assets of one billion dollars or more Before World War II there were 12 rive joined the list just list year The 2B Included industrials and railroads To these could be added 18 commercial banks 14 insurance companies and two finance companies topping one billion dollars In their are of a different type than those of manufacturing or service companies Sixteen of these 29 billion-dollar babies also topped one billion lars in gross revenues In 1952 Thirteen other companies whose assets were less than one billion dollars also turned in better than one billion dollars in sales Thirteen of the 29 top giants reported net earnings after taxes of more than 100 million dollars each No company with assets of less than one billion dollars en- tered into this charmed earnings group The getting bigger too In 1951 there were 24 companies in the billion dollar asset class Their assets totalled around Last year these 24 had Increased their total assets to round But add in the five new comers to the group and total assets of the 29 become around 000 for a gain of 11 per cent Inflation played a large part in boosting the size of assets after the war Its lorce was diminished last year but the great plant Ing spree of American industry sent the asset total up Topping the list of giants is the Bell Telephone system with nearly billion dollars It is twice the size of the next company Jersey Standard Oil Other oil companies in the Include in order of size Indiana Standard Texas Gulf California Standard Cities Service and clair Third lagest company is eral Motors Ford also belongs In the group but Chrysler falls just short of the billion dollar mark Pennsylvania Railroad Is the fourth largest company Other rails In the billion dollar group are New York Central Southern Pacific Sana Fe Union Pacific and Baltimore Ohio United States Steel is the fifth largest company Bethlehem in 15th place is the only other Other companies in the list In- Du Pont Pacific Gas Electric Consolidated Edison eral Electric Sears Roebuck and Commonwealth eon Then come the recent Humble Oil an affiliate of Jersey Standard International Harvester Union Carbide Cities Service and Sinclair Oil The 13 top money terms of net GM sey Standard Bell Du Pont as C n 11 f o r nla Standard General Electric U S Steel Gulf Oil Indiana Standard Sears Roebuck and Ford Building Permits and Real Estate Transfers Two building permits granted by the city engineers last week ed one to E B for con- struction of a new concrete block ncl implement company office and parts building located at 900 North Sixth Street The 40 by 100 foot structure is valued at 000 B G Howard received a permit to build a frame residence MAT It MAU-MAU SEARCH GOES a group of natives at Kenya East Africa military police stand alert while others search the village's huts for Mau Mau terrorists and hidden and Annie Laurie Logan for and other considerations and to first loan Lot 18 Block 1 tion T J and Mary Lou Smith to Jesse and Juanita Boyett for ana at 1904 South Rose Street at a value sumption of first mortgage loan Lot 19 Block B replat of J P Pride Subdivision Hardy H and Elizabeth Childers to Russell K Marr for of Real estate transfers filed last week Vernon B and Lois Flo Daws Daws Elkins and G V Daws to Virgil L for and other considerations Lot 7 and the west 8 feet of Lot 8 Block 2 Addition William C and Marion L Reagon to Harry Grant Jr and Myers for and other tions and subject to indebtedness Lot E of irregular lots in the SE quarter of the NW quarter of Sec R L and Lovelady to burn G Lovelady for and love and affection Lot 8 Block 2 thews Addition to Leachville Wilburn G and WiMa lady to Marie Lovelady Jr find love and affection Lot 8 Block 2 Matthews Audition to Leachville William J and Wright to Kenneth and Dora Matthews for north half of Lot Wright's Addition to Manila and other considerations and sub- ject to Indebtedness Lot 5 of sub- division of Lot 16 Barren and Lilly Subdivision Oscar Arnold tq B G and ward for lot in the south side of SW quarter of the NW ter of Sec Ray and Haynes to J H Gurley for west half of Lot 3 Sam C Coster Subdivision In Sec Board of Directors St Francis vee District to T H and V B Keith for Lot 1 Block 5 Allison Ad- dition Roy and Letha Beavers to Glenn W and Pattye M Bunch for and other considerations and tion of Indebtedness Lot 2 son Addition Ellis B and Webb to O S and Rollison for and Board of Directors St Francis i other considerations and assumption Levco District to Neda Flo Grable for Lot 1 Block 11 Bugg tion Flo arable to Bertha Smith or Lot 1 Block 11 Bugg Ad- dition J R and Kathryn Marr to J J Jr and Virginia Moore for Lot 1 Block 5 Country Club Area Addition Max and Annie Laurie Logan and Harold B and Marie D Wright to Oral and Christine Edwards for 000 and other considerations Lot 7 Block 2 Addition Ronald W and J Vail of indebtedness Lot 18 Block 4 liam Lee Walker Second sion Farnsworth Evans and Kathleen Black to E B nnd Sue L Woodson for a parcel of land In the SW a quarter of the NW quarter of Sec Susan Moore to Arthur J and Georgie Mae Hampton for Lot 24 Block 9 W W ond Addition O L Palmer to Don and Wllhelm for tmd other Lot 2 of the replat ol Lot 3 of Edna ail First Subdivision Burial Group Expected to Okay Boost in Rates LITTLE ROCK sas Burial Association is expected to approve today a proposal to set a minimum assessment on burial and boost rates after sons reach 30 years of age S Richard Sims of Little Rock executive secretary of the tion said the minimum rate would be 25 cents paid quarterly for each in benefits He said the increase would be five cents on each for every five years a person is over 30 In other words a r an 30 would nay 25 cents for each a man 35 would pay 30 cents a man 40 would pay 35 cents and so on A new paint brush should be dinned in linseed oil to prevent paint from becoming embedded in Cherry Convinced American Aid To Foreign Countries Imperative By LEON HATCH LITTLE ROCK Cherry said yesterday that discussions at the governors conference last week had convinced him that It Is im- that the United States con- to help countries Cherry said he returned from the Washington conference called by President con- that aU states should have a Civil program Cherry said he was not er certain before the conference that a civil defense set up was An explanation by Civil De- fense Administrator Peterson has changed his mind Cherry said The 1953 legislature authorized appointment of an assistant ant general as civil defense director for Arkansas effective July 1 made a small appropriation for the work Cherry has not named the state director Volunteer Work Needed Cherry said that he got the Im- pression from Peterson's discussion huge appropriations were not necessary but that a large amount of citizen volunteer work was ed In the foreign relations field said he feared that the All the conference sessions were off the record and Cherry said he could not elaborate on Information given to the governors Cherry remarked that during eral discussions by the governors themselves he was surprised to hear so many Democratic states rights comment from Northern Republican governors The governor said various lems were nominated for study by a commission on federal state tions which has been In existence for a number of years Cherry said he suggested a ite project of his of the federal government ting out of certain fields of tion and leaving them to the states with perhaps a discontinuance of some of the federal assistance That would allow the states to decide whether they want to tax themselves for certain services in which they now have no Cherry said The conference was held on Monday and Tuesday of last week Pagodas in China have an un- even number of stories because odd numbers are considered good ent situation might easily become luck by the Chinese Little Rock Mayor May Take Over As Postmaster LITTLE ROCK ff Republican Mayor Pratt Remmel of Rock yesterday Indicated publicly that he may become postmaster ol Little Rock Remmel told members of the Ar- kansas Association ol Postmasters meeting I may join you ons of these days Later the mayor told newsmen that he was very seriously con- accepting the ship of Little Rock when became vacant about a year from now A E Townsend a temporary cratic appointment will retire then If he does decide to accept the job Remmel would not seek re-election as mayor 5.1 It Forget It Maytag aU the work So it 299.95 Adams Appliance Co Inc Thieves Haunt Supermarket PHOENIX Aviz girls In ft chain grocery store here are becoming used to holdup men The other night just before ing time a customer with an armful of vegetables dropped his purchases on the counter and then showed the cashier a gun It was the second time in less than a month the store had been held up The robber had the girl put etables and cash In a paper bag Then he calmly left the store with more than In the sack Board of Directors St Francis Levee District to James and Annie Smith for Lot 5 Block 13 Edwin Robinson Addition E M and Mary Virginia Terry io Dave Pinkney lor and other considerations Lot 22 Block 1 H Aiken Subdivision W E RE'S HOW Every survey shows it every dealer America far the among the most admired automobiles around this Super for a mighty profitable situation for every Rocket means that your will command top price ns a trade-in will gel you lop deal on your nest enthusiasm for iho Rocket money in your This great popularity just one more of owning an its Engine Power ing Power Kaso Power So make a date with the BU E NTH U SIAS M Rocket can mean money in Car IS A ilMn ROCKET ENGINE MAY IS MONTH SEE YOUR DEALER MOTOR CO 309 East Main Street Telephone 2056 YOUR ALSO FEATURES TOP VALUES IN USED CARS PENNEY'S Dress Carnival DARK SHEERS for misses and Hemstitched weave cottons so so And yours in dark like grey navy Come see many styles now during ney's COOL LOVELY LAWN PRINTS for misses I 1 5 90 They're famous Bates Disciplined wrinkles wash nicely keep Made to says Bates about these cool cotton lawns and aren't you They wash iron wear keep you looking starching or bother Come from many many styles these Dress Carnival RAYO several at this low low price summer This is a Summer Dress Carnival Special you can't afford to miss Come in for yours today
