Markets Update From Arkansas and Chicago Trading Hubs
Market unsettled in Little Rock and Batesville Floral area with broilers and fryers quoted 9 to 20 cents f a b farm. Eggs and butter steady with mixed receipts. Chicago stocks edged narrow with oils and airlines higher while steels and chemicals mixed. National Stockyards hogs and cattle opened steady to lower. lambs steady to strong with notable price ranges across weight classes.
MENTIONED IN THIS ARTICLE
Little Rock I
Batesville
Floral
Chicago
USDA
NEW York Stock
New York
Dupas Beats Khalfi In Paris Bout Before 3970 Fans
In a 7 2 1 card, Dupas from New Orleans defies Khalfi with hit and run tactics before a crowd of 3970, netting $7,603. The French Quarter product used speed to mount points as Khalfi pressed, causing a cut above Khalfi’s eye in the second round.
MENTIONED IN THIS ARTICLE
Khoplfi
Kanter
Pete Gisrusa
Dupas
Lin
Frank ‘Mercheval
Eddie
Sid) Wolfe
Khalfi
New Orleans
Onealsland
Dmas
Halis
Ham- Fen
Court Fight Covers Ark Laacquisition Continuation
A Washington dispatch notes a continued court fight over Ark La control. Stephens claims intent to sell stock to Arkansas citizens while reports say he sold about half his stake to Union Securities Co of New York after initial plans collapsed. SEC was informed in 1954 of the developments.
MENTIONED IN THIS ARTICLE
Ark-La
Stephens
Arkansas
Associated Press Dispatch
Washington
Cities Service
Union Securities ‘Co
New York
Sec.a
Washington F
Congress
Four Accused to Face Charges in Tax Fraud Case
Four accused year old tar dealer Orley Biggs 42 trucking contractor Lewis Williams an IRS employee unrelated to the defendants and Briggs will be charged today Wallace Williams was arraigned yesterday before U S Commissioner Lee Miles on forgery Shaver faced conspiracy in filing fraudulent tax returns and cashing government checks proven fraud Both men waived preliminary hearing and Commissioner Miles set bonds at 4000 Each of the two conspiracy charges also would be placed against Wallace Williams
MENTIONED IN THIS ARTICLE
Orley &. Biggs
Lewis
Williams
IRS
Briggs
Wallace Williams
U. S
Lee Miles
Shaver
Ark-La s spin off plans face tax and regulatory hurdle
The plan to transfer Ark La s extraction assets to a new stock financed company may be blocked by the Harris Fulbright veto and a Supreme Court ruling on FPC price controls. Mississippi River Fuel Co appeared to hold a $25 million note, later released from obligation. Fraudulent tax refunds totaling 27 filed in Little Rock were detected by the Secret Service after a cashier noticed identical handwriting on two endorsements. An arrest followed when a suspect tried to cash another check.
MENTIONED IN THIS ARTICLE
Ark-La‘s
Stephens Company
Mississippi River Fuel Co
Stephens
Ark-La
SEC
FPC
U.S. Sureme
Congress
Ark-Las
Lewis
Little Rock
IR5
Camden
el Dorado
Smackover
Magnolia
Prescott
Malvern
Secret Service
Virginia Cook
North Little Rock
Woodie James
James
Britain outlines new streamlined army with American missiles
Britain announced plans for a streamlined army equipped with American guided missiles to meet nuclear war patterns. Training in the United States for British personnel will begin this year, War Minister Antony Head disclosed. Bead soap is produced by spraying soap mixture into a drying tower to form tiny beads.
MENTIONED IN THIS ARTICLE
London
Britain
Antony Head
Lobby Probes All End With Same Result
James Marlow analyzes repeated lobbying investigations from 1947 to 1950 showing no enforcement and limited law. He notes senate committee potential partisan pitfalls and questions why the Lobbying Act of 1946 lacked a dedicated enforcement body.
MENTIONED IN THIS ARTICLE
Senate
Frank Buchanan
Dpa
oo _ Congress
Congress
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Ethet
Exept
Venice
Italy
Hitle
Galizeada
S. Giovanni
Grisostomo
Broilers
ST. Louis Livestock
Las
Teenie Cos
The
Gordon Cone
South Africa
Columbus
Ohio
Suport
Delta Unsti On
Ohio State University
Gordon
By James Marlow
Associated Press News
Hae
Ward & Son
Fordomatic
Ford
Hope Auto CO
HOPE
Ark
W. Resend