SEC Studies Exemption of Stephens Co.
The Securities and Exchange Commission weighs whether to revoke modify or keep the exemption for W R Stephens Investment Co from the federal Holding Company Act. A brief hearing by SEC Examiner James G Ewell reviewed Stephens control of Arkansas Louisiana Gas Co and plans to sell most gas stock. He argues litigation and tax rulings delayed spin off plans while the firm boosted loans cash customers and net income.
MENTIONED IN THIS ARTICLE
Washington (M
Little Rock
Securities and Exchange Commission
SEC
James G. Ewell
W. R. Stephens Investment Co
Stephens
Arkansas Louisiana Gas Co
Arkansas-Louisiana
Arkansas
Texas
Louisiana
Federal” Agency
Arkansas Louisiana
Prduction
Mississippi River Fuel Co
Mississippi River Fuel
Union Securities Corp
Arkansas Public Service Commission
Ark.La
Stephens Leer
Els
Cities Service Co
Hope woman dies in Little Rock. services pending
Mrs Frank Bridges formerly of Hope died Monday in Little Rock. She leaves a daughter Lenola Bridges and Sanders Bridges both of Little Rock, two brothers Lon Sanders of Hope and Will Sanders of California, a sister Mrs Crandal of Carlisle, Ack. Funeral arrangements are incomplete.
MENTIONED IN THIS ARTICLE
Frank Bridges
Hope
Little Rock
Lenola Bridges
Sanders Bridges
Lon Sanders
Will Sanders
California
Crandal
Carisle
Ack
Three Churches Plan School of Missions
The School of Missions conducted by the Christian Episcopal and Presbyterian Churches will hold its second session Wednesday night at 6 30 The devotional will be followed by a pot luck supper after which classes for different age groups will be held The first session on Feb 15 drew 154 attendees The nursery will care for preschool children as usual.
MENTIONED IN THIS ARTICLE
School of Missions
Christian
Episcopal
Presbyterian
Urban League Leader Warns South Bitter on Race
Lester B. Granger, executive director of the National Urban League, told the Urban League of St. Louis annual meeting that race relations in the South face more bitterness and potential violence than since the Ku Klux Klan era. He challenged southern states to accept the Supreme Court ruling on school integration without renewed demagoguery. The league gave its achievement award to Philip J. Ricey, St. Louis public schools instructional superintendent.
MENTIONED IN THIS ARTICLE
St, Louis
Lester B. Grenger
National Urban League
Urban League of St.Louis
Granger
Supreme Courts
Grange
League
Philip J. lHicey
St. Louis
Negroes Face Court Action Looms Over Montgomery Boycott
Montgomery Alabama reporters note possible grand jury indictments could follow an eight day mass protest against racial segregation. The grand jury's final report was awaited as indictments under a harsh boycott law loomed. A negro rally dismissed a compromise to end the dispute with only two dissenters, led by Rev Ralph D Abernathy.
MENTIONED IN THIS ARTICLE
Rex Thomas Montgomery
Ala
Montgomery
Casy
Ralph D. Abernathy
Negus First Baptist Church
Violence at Plane Plant Again Flares
Violence flared at the Republic Aviation plant in New York as about 400 non strikers pressed through picket lines to enter the main gate. At least three men and one woman were hospitalized. six more strikers were arrested, bringing total arrests to over 60 since the three day strike began. Police reported clashes as day shift started and non strikers attempted entry.
MENTIONED IN THIS ARTICLE
Henry Logeman
New York
Kound Republic Aviations Corp
Hon
Public Peek at New Bomber and Snark Rocket
The U S Air Force unveils a long range pilotless bomber able to carry an atomic warhead about 5000 miles and a 60 foot rocket in development for a 2100 mile intermediate ballistic missile. The Snark bomber autonomously navigates via star sightings but remains far from the intercontinental ballistic missile goal. Critics say Russia may lead in parts of the race while U S officials claim a overall edge. The bomber’s speed of around 600 miles an hour makes it a visible target for defenses.
MENTIONED IN THIS ARTICLE
Washington
U.S. Air Forces
U.S
Henry M. Jackson
D Wash
Stuart Syimington
D-Mo
Russia
United States
No Soft Life at the New U S Air Force Academy
Hal Boyle profiles the challenging path at Lowry Air Force Base where 806 cadets were chosen from 6300 applicants for the first class of the new academy. The Spartan regime tests grit as cadets sign to serve as navigators and observers, with Lt Gen Harmon stressing the mission requires lone courage if needed, shaping a demanding four year program.
MENTIONED IN THIS ARTICLE
U.S. Air Force Academy
Hal Boyle
Lowry Air Force
Cole
U. S. Air Force
Alice Linia Service Academy
academy @fflerals
Court Fight on High Industrial Gas Rates Looms
The Arkansas Supreme Court upheld the Public Service Commission process over Ark-La Gas. Industrial customers appeal PSC orders that raised fuel costs by four million dollars annually, with trials set in Pulaski Circuit Court. Multiple companies, including Reynolds Metals and Monsanto, remain in litigation.
MENTIONED IN THIS ARTICLE
Little Rock
State Supreme Court
Public Service Commission
Arkansas
Louisiana Gasi Cos
Pulaski Court
PSC
Supreme Court
Ark-La
Monsanto Chemical Co
International Paper Co
Pulaski Chancery Court
Chancery Court
Pulaski Circuit Court
Monsanto and International
United State
Pulaski
Reynolds Metals Co
Ark.La
Aluminum Co. of America
Malvern Brick and ‘Tile Co
A. P. Green Fires Brick Co
Circuit Court
Mitchell Cockrijl
Reynolds Metals
Arkansas Power and Light
Pan-Am Southern
Stull
Reynolds
Columbian Carbon Co
Acme Brick Co
Magnet Cove Barium Corp
Malvern Brick and Tile Co
National Lead Co
Camden
Federal Power Commission
State Commission
FPC
Circuit Court of Appeals
Washington, D. C
W. R. Stephens Investment Co
Cities Service Co
Securities and Exchange Commission
SEC
Stephens
George Washington Birthday Observance Closures
Several local offices and establishments including the two Hope banks the Post Office and the Draft Board will observe George Washington's Birthday on Wednesday and close all day. The Post Office will not deliver but will sort and place mail in boxes as usual. Stamp machines will operate in lobby areas.
MENTIONED IN THIS ARTICLE
George Washington
Hope Banks
The
Post Office
Draft Board
AP&L Rate Aids Big Industry Witness Says
Arkansas Power and Light fought a proposed million dollar annual rate increase, arguing Reynolds Metals should pay more for electricity. PSC witness Honaker said Reynolds’ two aluminum plants get a “free ride” while Holmes pressed for changes to AP&L’s rate base and operating cost allocations, noting Reynolds’ contract impact and a 6 percent allowed return.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas Power & Light Co
Ap&l
State Public Service Commission
Reynolds Metals Co
Willis H. Holmes
Holmes
James M. Honaker
PSC
Hanaker
Reynolds
Arkansas
Honaker
Frankfort
Halmes
Ap&il
Ap&ls
Racing Group Seeks Action From Gentry On License Petitions
The Arkansas Racing Commission asks Attorney General Tom Gentry to urge the state Supreme Court to review a lower court order that would compel licensing of Southland Racing Corp for a new West Memphis dog track. Orville Cheney, ex officio secretary, sought action in a letter. Gentry to respond today. The commission argues Gentry should appeal Chancellor W Leon Smith's ruling that the commission overstepped by denying Southland's franchise on the grounds the track was not in the state's best interest.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas Racing Commission
Atty
Tom Gentry
State Supreme Court
Memphis
State Revenue
Orville Cheney
Commission
Gentry
James L. Sloan
W. Leon
Southlands
Are Kansas
Extended Arkansas forecast from Feb 2 to Feb 26
The forecast covers western Arkansas with temperatures 2 to 4 degrees above normal. Normal highs range from 31 to 40 in the north and 40 to 52 in the south, with higher readings in the north during Friday and the eastern part on Saturday. Precipitation light or none, with widely scattered showers expected Friday and Saturday.
MENTIONED IN THIS ARTICLE
Arkansas
Milhima
House OKs Projects to Speed Up Ballistic Missile
House Armed Services committee today approved five projects to accelerate intercontinental ballistic missile development. Gen Nathan Twinings warned Russia may surpass the United States in the deadly weapon race. Four projects are classified. The panel also authorized 15.4 million dollars to expand NACA facilities including an atmosphere entry simulator at Ames Laboratory in California. Subcommittee chair Carl Durham said the simulator aids ICBM development amidst debates on defense adequacy.
MENTIONED IN THIS ARTICLE
Washington
House Armed Services Committee
Nathan
FP. Twinbg
Senate’ Armed Services Committee
Russia
United States
House
L. Mendel Rivers
D-S. C
National Advisory Committee For Aeronautics
NACA
Ames Aeronautical Laboratory
Moffet Field
Calif
Carl T.durham
D-N
Farm Outlook and Problems Meeting Planned in Hempstead
Hempstead County farm outlook meeting set for February 23 at 10:00 AM in Hope. County Agent Oliver L. Adams and Extension Economist Eeco nomist from the University of Arkansas will present economic data for planning farm operations and guiding agricultural policy. Discussion will cover cotton beef dairy poultry diverted acres credit the soil bank idea and other farm challenges. Farmers and interested residents are invited to attend and participate.
MENTIONED IN THIS ARTICLE
Hempstead
Hope City Hell
Oliver L. Adams
Ed E. Atkinson
Eeconomist
University of Arkansas
Adama
Hempstead County
Nine Hempstead To Report for Service Induction
The following named registrants of Selective Service Local Board No 29 Hope Arkansas have been mailed Orders to Report for Induction on March 12 George Wesley Gilliam Roscoe Cairon Gilmore Benjamin Juntoy Williamson George Washington Ross Charles Burndell Spencer Junior Lee Reed Bobby Ray Rosenbaum William Charles Edwards Wilbur Earl Townsend
MENTIONED IN THIS ARTICLE
Selective Service Local Board No
Hope
Arkansas
George Wesley Gilliam
Roscoe Cairon Gilmore
Benjamin Juntoy Williamson
George Washington Ross
Charles Burndell Spencer
Junior Lee Reed
Bobby Ray Rosenbaum
William Charles Edwards
Wilbur Earl Townsend
Russia Seeks British Aid for New Summit Meet
London reports say Soviet leaders Khrushchev and Bulganin plan a diplomatic push in April to win a treaty of friendship and trade with Britain. Official sources expect Prime Minister Eden to agree to a meeting with Moscow, while the Kremlin aims to press for U S talks and warn against any deals that could split Anglo American unity.
MENTIONED IN THIS ARTICLE
London
Anthony Edens
United States
Moscow
Khrushchev
Prenict
N. A. Bulganin
Britain
Eden
Prudent - Eisenhower
Washington
Ap. H
Durin
Khrushchev-Bulganin
Yisl Stean
Ray McDowell Enters Hempstead Circuit Clerk Race
Iscal business man Ray McDowell announces his candidacy for Hempstead County Circuit Clerk Arkansas subject to Democratic Primary. He notes prior service as County Clerk and cites experience in county offices and business to run efficiently. He plans to meet voters in coming months and seeks support.
MENTIONED IN THIS ARTICLE
Ray McDowell
Iscal
Hempstead County
Hempstead
County
Arkansas
All Around the Town: Jo Beth Rettig Joins All American Chorus
Jo Beth Rettig, daughter of Mr and Mrs B L Rettig, has been chosen for the All American Chorus touring Europe and Canada from June 20 to August 3. The group will visit Austria Switzerland Germany Holland Belgium France England and Canada. Jo Beth participates in the High School Glee Club Melody Maids and is a majorette. Sheriff Jimmie Cook seeks a second term. Ray McDowell runs for County Clerk. University notes include William L Wray Lee Lane Rex Easter pledging Greek fraternities and pursuing pre medical studies at Henderson. The Band Auxiliary housing committee thanks hosts who welcomed visiting band students for the Junior Band Clinic. Many area students join Henderson Speech Department casting The Crucible.
MENTIONED IN THIS ARTICLE
Jo Beth Rettig
B. L. Rettig
European
Canada
Austria
Switzerland
Germany
Holland
Belgium
France
England
Jo Beth
The
Melody Maids
Lee Lane
Lane of Hope
Lee
Kappa Sigma Kappa
Rex Easter
J. B, Easter of
Hope
Rex
Henderson
Wishart Senate Proposal Prompts Bipartisan Talk
A Washington report outlines a special committee inquiry into a Wishart related matter. Discussion centers on a proposal and the potential actions by Republican and Democratic members as the case proceeds. No final decision reported.
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USS
Glacier
Antartic
Settrees
Antarctic
Navy Pho
NEA
U Navy Phate
Stephens Co
Borner
Urban League
New
Witness
Okays
James Lloyd Bland
Meeting of Hope Kiwanis Club
Jim Bland
Arkansas Department of Labor
Employment Security Divison
Star
Jimmie’Cook
Jed
Chouih
Henderson State
William L. Wray
Bill Wray
J. G. Martin
Clivic
the Crucible
Joh
Wishart
Sen
R-S
Dido
Wishsi
Serret h.Lewis
Ner