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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Aug 18, 1971
Page
16
Market notes list cotton middling at 20.45 and cottonseed at 40 per ton. Milk prices show Grade A at 655 per hundred and manufactured milk at 3.20 per hundred. Grain quotes include No 2 Soybean 3.20, corn 1.45, oats 0.46, milling wheat 1.30, barley 0.80, and yellow shelled corn 1.35 per hundred or per unit as specified.
Quotations from the NASD reflect representative interdealer prices as of about 10 a.m. The interdealer market changes throughout the day. Prices exclude retail markup markdown and commissions.
The Chamber of Commerce Convention and Visitors Committee distributed a combined map and information sheet to aid tourists. One side shows a map with legend for parks government buildings motels shopping centers hospitals and historic sites. The other side details What to See and Do including Point Mallard Park Wheeler National Wildlife Refuge Aquadome Delano Park Spirit of America Festival and Mooresville.
Bryson Construction of Decatur awarded an 827 184 contract to modify the Francis Morrow laboratory at Redstone Arsenal. Work includes building mods, air conditioning and electrical, overhead steam system, a six ton bridge crane, two 80 000 pound columns, site and utility work. completion expected early 1973. Award set aside for small business.
Sterchi Bros, a Southeastern furniture and appliance chain, posted July sales of 2,434,394 the highest for the cooperative in July. The Decatur based retailer operates 59 outlets at 307 2nd Ave SE. Dollar General Corp earned 719,091 in first six months 1971 up 21 percent over 1970. Dollar General Store runs 50 outlets and is located in Decatur at 102 2nd Ave SE.
The Dow Jones at 2 p.m. fell 8.11 to 891.79 after an earlier partial rally. Declining issues outnumbered advancers 9 to 5 on the NYSE amid a severe profit pause. Trading remained brisk as investors digest sharp gains from recent sessions with Teledyne, Sterling Drug, and Sony among notable stock moves.
Parisian, based in Birmingham with Emil Hess as president, has extended its electronic credit card verification system to Decatur. The central computer in Birmingham processes each sale via telephone lines and approves or rejects purchases within seconds to curb fraud.
Hess describes a credit card sale process where clerks input nine numbers from the card and a computer approves or prompts a review with the credit department. The system improves service and protects against lost or stolen plates and allows customers to set usage instructions. Parisian operates several Birmingham stores and is located in Decatur at the Gateway Shopping Center.
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