Our Daily Bread Sliced Thin by The Editor
A reader summary discusses a Business Week article on Bell Telephone. It explains Bell’s postwar debt rise from 1/4 to 3 3-4 billions and stock and surplus from 2.6 to 3.6 billions, the tension between debt and dividend, and the need to attract long term funding while maintaining a $9 annual dividend. The piece notes public opinion and labor concerns but praises American telephone service.
MENTIONED IN THIS ARTICLE
Business Week
Bell Telephone System
Bell
Bell Hes Tg
Telephone
Attempt to Change River Course Fails
Officers investigated a dynamite blast spree in Red River near Buzzard's Bluff. Three blasts discharged out of four attempts, with over 250 sticks recovered. The river loop five miles north of Fulton could have been straightened if the neck was blown, but no injuries occurred.
MENTIONED IN THIS ARTICLE
Buzzard's Bluff
Red River
Miller County
Fulton
Hempstead County
Hereford Breeders to Form Southwest Association
A special committee will meet at the Pairpark Coliseum at 2 30 today to form policy and organization plans for a Southwest Arkansas Hereford Breeders Association in the Third Livestock District. The committee includes Charles J Gant Magnulia A W Biersdel and A D Brannan Hope Howard Kidd Murfreesboro Glen Wallace and W K E McClure Nashville Ned Purtle Prescott Freak Rudolph Gordon add Archie Cothern Dierks
MENTIONED IN THIS ARTICLE
Pairpark Coliseum
Southwest Arkansas Hereford Breeders Association
Charles J. Gant
Magnulia
A. W. Bierseld
A. D. Brannan
Hope
Howard Kidd
Murfreesboro
Glen Wallace
W. KE. McClure
Nashville
Ned Purtle
Prescott
Freak Rudolph
Gordon
Archie Cothern
Dierks
Arkansas Weather Update Showers and Clouds Forecast
Cloudy conditions with scattered thundershowers this afternoon into tonight across Arkansas. Warmth continues with unsettled air. Northwest winds shift and persist tonight and into Thursday, bringing cooler temperatures in the northwest region.
MENTIONED IN THIS ARTICLE
Arkansas
Northwest
Auto Industry Peace Likely for Few Years
Detroit May 24 The sudden and significant new General Motors contract left the auto industry in its most settled condition in years. All the big three producers GM Ford and Chrysler and some independents were signed with the CIO United Auto Workers for at least two years. The five year GM pact bans wage reopenings before 1955. Ford and Chrysler provide limited reopenings. UAW President Walter Reuther termed the GM pact a pattern for others and said it is superior to the Ford or Chrysler settlements.
MENTIONED IN THIS ARTICLE
Detroit
General
Chrysler
UAW
S Uaw
Walter Reuther
New European Free Trade Step Taken
Paris reports Western Europe prepares a European payments union to start July 1. Marshall plan officials say a currency pool will free intra regional trade from barter constraints, allowing nations to swap currencies to buy from each other. Ministers meet June 2 and June 20 to review progress as the pool begins late June.
MENTIONED IN THIS ARTICLE
Paris
Europe
European Payments Union
Organization For ‘European Economic Recovery
Italy
France
Netherlands
Snell Succumbs in Emmet at 83
James Franklin Snell, 83, retired merchant and farmer, died at his Emmet home. Survived by daughter Nora Cofield of Emmet, four sons Arno W. Snell J C Snell Harvey Snell of Little Rock. Funeral 3 p.m. Thursday at Emmet Baptist Church officiated by Rev. Whitlow. Active pallbearers listed.
MENTIONED IN THIS ARTICLE
James Franklin Snell
Emmet
Nora Cofield
Arno
J. C. Snell
Exmmmet
Harvey
Little Rock
Emmet Baptist Church
A. Whitlow
Bert Smits
Tom Dorgan
C. B. Ward
Ernest Coffee
Henry Hickey
Donald McMillan
Foxes In Harrison Area Infected With Rabies
Foxes in the Gither mountain area near Harrison have rabies. State and federal rangers aim to eradicate the outbreak to prevent spread. Rabid animals have attacked at least one horse and other pets. Game wardens seek containment. the note mentions Furillon Islands near San Francisco with a population of 40.
MENTIONED IN THIS ARTICLE
Harrison
Gither Mountain
Winnipeg Area Beginning to See Land Again
Winnipeg Manitoba May 24 dry land islands appeared as flood waters slowly receded from the Red river area after a month long rampage. Army officials warned heavy rains could breach dikes and send the Red river higher while Winnipeg’s level at 5 30 am stood at 295 feet, 112 feet above the first flood stage.
MENTIONED IN THIS ARTICLE
Winnipeg
Man
Allmot
Prairie
Reorganization Move Clears Senate Action on 16 Plans
Washington May 24 A minor earthquake rattled the government structure today as 16 presidential reorganization plans took effect with congressional approval. The Senate cleared the last three of 21 Tru man proposals just hours before the deadline. The maritime commission vanished as a legal body and a three member federal maritime board is slated to replace it with temporary appointees. Five former commissioners remain jobless and 250 workers await a new agency within the commerce department. Two major posts lack officeholders a maritime administrator and an undersecretary of commerce for transportation. Maj Gen Philip B Fleming of the old commission is tipped for a top post. Four cabinet officers gain authority in justice commerce interior and labor with some subordinates gaining semi independent powers.
MENTIONED IN THIS ARTICLE
Washington
Congress
Senate
Truman
Maritime Commission
Federal Maritime Board
Commerce Department
Commerce
Transportation
Commission
Philip B. Fleming
Old
Justice
Interior
Labor
J. Edgar Hoover
Federal Bureau of Investigation
Reclamation Bureau
Jabor
Republicans Plan 3 Big Major Rallies
Washington reports Republicans outline three major rallies culminating in a Chicago show to surpass the Democratic Jubilee. An Atlantic City East Coast rally is set for June 23 with a Salt Lake City Western conference in July and a Chicago roundup in late August or September. The plan aims to dramatize the GOP effort to regain Congress with or without a candidate.
MENTIONED IN THIS ARTICLE
Washington
Chicago
Truman
GOP National Committee
Atlantic City
Salt Lake City
Congress
Brewster
Bmuie
Republican Senatorial Committee
GOP
Barkley
Guy G. Gamm
Alleghenies
White Sulphur Springs
W. Va
Ex-Officer and Girl Charged With Holdups
Former policeman Melvin Brown, 28, of Trumann and Jeanette Hunt Brown, an 11-year-old girl, are charged in two highway holdups near Trumann. Brown held up motorists in December, taking 14 dollars from one and 165 dollars from another while she drove the car. Officials say Arkansas safety program reduces tactic crashes. Harvey Booth cites drop from 136 to 322 deaths.
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Tna
Allied Troops Patrol Berlin Main Link Amid Tense Alert
A force of 36 American British and French military police jeeps began an intensified patrol of Berlin s main road link with the West as 8 000 Allied troops and 13 000 West Berlin police were placed on pre alert amid a rally of 10 000 Soviet zone youths. The East German government warned of a 36 mile detour for traffic on the route to permit Communist youth convoys and allied officials said they would ignore East German highway commands while Soviet troops could trigger a detour. West Berlin officials warned of vigorous prosecutions for any breach of allied sector laws against resisting authority rioting or disturbing the peace.
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Berlin
West
West Berlin
East Berlin
Red Youth
Leipzig
West City
Pravda Says Allied Way Is Not Strong in Total Diplomacy
Pravda editorial condemns total diplomacy as weak and dangerous, warning it leads to catastrophe. It accuses Western powers of provoking militarization in Germany and of supporting war material production while denying peace and demilitarization efforts.
MENTIONED IN THIS ARTICLE
Pravda
Arkansas towns on national safety council list with zero fatalities
Booth announced 14 Arkansas cities earned a place on the National Safety Council honor roll for having no fatalities in 1949. The cities listed include Fayetteville Newport Wynne Helena West Helena Malvern Batesville Springdale Rogers Sunset Sunway Harrison Paragould Hope and Benton.
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Hope
Safety Council
Booth
Arkansas
National Safety Council
Fayetteville
Newport
Wymse
Helena
West Helena
Malvern
Batesville
Springdale
Rogers
Sunway
Harrison
Paragould
Hope and
Benton
Planning Honeymoons for the Newlyweds Not Easy
Betty White, a veteran honeymoon consultant, recounts unusual cases including a couple insisting on bringing a dog and an elderly bride seeking a deposit refund. She notes brides favor lively resorts with social activities and offers practical tips for a sensible, affordable honeymoon. A final anecdote recalls two midgets asking for half-priced honeymoons, highlighting the staff’s need for accommodating creativity.
MENTIONED IN THIS ARTICLE
New York
Betty Write
Toad
Beni
Miss White
Fin
Brinfipm
Warn
Liser
Musa
Honeymwon
Half Million Added to Payrolls of Industry
The Bureau of Labor Statistics reports over half a million workers added to industrial and commercial payrolls between mid-March and mid-April. About 80,000 jobs were added in the two-month period ending April 15, not counting returning striking workers. Unemployment fell for the second straight month to 8.5 million in April from 4.1 million in March.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Atatistics
Censis Bureau
Authorization Bill Delays Hit Point Four Aid Plan
Washington May 24 Republican senate leaders attacked President Truman's point four foreign aid program delaying final action on the 3.12 billion authorization. Wherry and Taft vowed to push the bill back to a senate-house conference to revise the point four program, listing irrigation, power and road projects. Senate leaders claimed enough votes to sidetrack the move, though Connally remained doubtful about the program's fate.
MENTIONED IN THIS ARTICLE
Washington
Senate
Truman
GOP
Wherry
Nebraska
Taft
Ohio
Shere
House
Whey
Dirate
State Department
Point Four
Connaily
D-Tex
Senate Foreign Relations Committee
Wherry-Taft
Connally
Poppies Made by Disabled Veterans
Bright red poppies bloom at Leslie Huddleston Post of The American Legion as Poppy Day nears on May 27. Volunteers from the Legion Auxiliary sort and distribute poppies made by disabled veterans at Fort Root hospital, with a rally planned for May 28 at the Legion Home.
MENTIONED IN THIS ARTICLE
Leslie Huddleston
American Legion
Little Rock Fort Root Hospital
American Legion Auxiliary
McLaughton
Joe Reece
C. P. Tolleson
Legion Home
Fort Root
America
Hying -¥Ige
Tims
Veteraea
Fragmented OCR reads like stray notes from 19th century report
The unreadable OCR fragment mentions dates and names in a messy schedule. It references a meeting, a doctor, and an urgent hastily called event. No clear event or outcome is discernible from the legible text.
Arkansas Safety Council outlines statewide program
The Arkansas Safety Council presents a program to cover traffic and commerce, schools, industry, and fire prevention with public information and safety oversight. It emphasizes cooperation among council committees and local officials to prevent injuries and reduce annual costs estimated at eight million dollars.
MENTIONED IN THIS ARTICLE
Hempstead
Phils
Arkang
Ara
The
Arkansas Safety
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Our
Alex. H. Washburn
Hereford
Southwest Association
J. F. Snell
Furillon Islands
San Francisco
Side
Arkansas Safety Council
Harvey D. Booth
Council
Pat Cannis
Booth Qennet
Icow
Soviet Union
Communist Party
East Germany
Fravda
Dean Acheson
Germany
Jula
Cuzco
Peru
Nea Telaphata
Michael Selln
Michael
Rocking Chair Brigade