Decatur Daily Democrat, Volume 57, Number 297, Decatur, Adams County, 18 December 1959 — Page 2
PAGE TWO
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Profit Drop Shown By Central Soya Co. First quartet net profits of SBIB.390, after provision for federal and state taxes, have been announced by the Central Soya company, Inc. on sales of $64,325,017 for the threemonth period ending November 30, 1959. This compares with sales of $65.428,983 and net profits of $1,526,939 ” during the same period a year ago. Net profit for the three-month period just past was $.31 per share as compared with $.56 per share in the same quarter last year, based upon the 2.733,898 shares currently outstanding. The profi| drop reflects a continuation of market conditions that prevailed during the latter part of the previous fiscal year. These conditions have resulted in narrow profit margins in the soybean processing industry as well as in some areas of livestock and poultry production. Current evidence indicates that conditions in certain segments of the feed industry may be correcting themselves. Meanwhile, the company’s chemurgy and grain merchandising divisions have continued to show sat--1 isfactory progress.
Decatur G.E. Plant Increasing Output One of Decatur’s best Christmas gifts is the news that the local General Electric plant is increasing its production of small motors, especially air conditioning units, it was learned today. The plant hopes to be operating at maximum capacity by February 8. The year 1960 should be a very good one, according to present predictions, for the local plant. The salaried employes qf General Electric changed this year from their usual office gift exchange. and instead those who desired brought in staple goods to be given to the Good Fellows Club. A collection of four bushel baskets of groceries will be presented to the club, which distributes them to the poor, this afternoon. Soap in Drain If small pieces of soap have worked themselves down into the drain, pour down some boiling water to melt and wash them away. Soap will not clean waste pipes: use washing soda for that purpose, as sogp will clog the pipes. \ - ■ —
THE DECATUR DAILY DEMOCRAT, DECATUR, INDIANA
Western Big Pour To Meet Saturday
PARIS (UPI) — Leaders of the I United States, Britain and West Germany converged today on Paris for a summit conference with France that was already in trouble because of a FrancoAmerican dispute over NATO and Algeria. The belief in the Allied camp was that only a face-to-face meeting Saturday between President Eisenhower and President Charles de Gaulle could blunt the sharp differences and permit the Western Big Four to try to chart a dynamic approach to the end ofi the cold war. Eisenhower was arriving at j Paris’ Gare de Lyon tonight from j Toulon and de Gaulle was formally greeting him. British Prime Minister Harold Macmillan was flying in from London and West German Chancelor Konrad Adenauer from Bonn. Nuclear Arms Get Priority The Western Big Four planned at their three-day meeting starting Saturday to place the problem of ending the nuclear age arms race at the top of the list in preparing for their meeting next spring with Soviet Premier Nikita S- Khrushchev. , This 1 approach had the ringing endorsement of all 15 NATO for-1 eign ministers Thursday urged the major WSern powers to take “every opporWnity’’ to try
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:to defuse the world powder keg through worldwide disarmament. An air of tension hung over the Western council table as the diplomats awaited the face to face confrontation of Eisenhower, fresh from his triumphal “peace mission" of Asian, African and European countries, and the aloof and proud French general smarting under American criticism of his country’s military policies. Differences On Algeria James Hagerty, White House secretary, said earlier he knew j nothing of any plans by Eisen- ' hower to extend his stay in Paris one day because of the FrenchjNATO situation. The “FrepphNATO situation" meant U.S. criticism of France for refusing to integrate its air force, navy and army fully with the NATO command. There also were differences between Eisenhower and de Gaulle over the civil war in Algeria. DeGSulle was still annoyed because the United States abstained instead of voting In the United Nations against a resolution calling on France to negotiate an immediate end to the war there. Eisenhower discussed the situation Thursday with President Habib Bourguiba of newly-independ-ent Tunisia and both agreed the Algerian war was a “cause of grave concern.” Whether de
ike May Visit Tokyo, Seoul Next Summer WASHINGTON (UPI) — President Eisenhower may visit Ibkyo and Seoul next summer in an effort to help end . the cold war between Japan and the Republic of Korea, informed sources said today. The prediction that Eisenhower might extend his good will campaign to the Far East, possibly in late June or early July, followed the disclosure that he has decided to visit Latin America sometime next spring. High administration sources said Thursday the Chief Executive would go to Brazil and four or five other Latin American countries. April was considered a likely month for the trip provided this would not conflict with the contemplated East-West summit meeting in Geneva. Cite Successful Tour The enthusiastic reception Eisenhower has received on his good will trip to Asia, Africa and Europe was said to have influenced his decision to go to°South America. A ranking diplomat said he beGaulle would approve of such discussions of an “internal French problem” remained to be seen.
Man Fined, Given Suspended Sentence Charles Schlemmer, 24, of route 5, Decatur, paid $1 and costs and had 90 days at the county farm suspended after pleading guilty to petty larceny Thursday in mayor’s court. Schlemmer was arrested by sheriff Merle Affolder at the Family Inn where he had taken two large packages of cheese from the restaurant refrigerator. He also had a loaded .22 calibre revolver in the front seat of his car when apprehended by the sheriff, lleved the success of the current tour also assured that the President would add the Far East to his travel schedule next year. In any event, officials expect Eisenhower to make a strong personal appeal next month Tor serious efforts by Japan and Korea to end their bitter feud. To Meet Prime Minister The occasion will be his talks at the White House in mid-Janu-. ary with Japanese Prime Minister Nobusuke Kishi, coincident with the signing of the new U.S.Japan defense treaty. A similar, written appeal by the President to President Syncman Rhee presumably would follow. Eisenhower was expected td urge compromises on the Japanese and Korean demands which have blocked establishment of diplomatic relations and held trade between the two nations to a trickle since Korea regained its independence from Japan after World War 11.
FRIDAY, DECEMBER 18, 1959
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