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Decatur Daily in Decatur, Alabama

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Dec 02, 1961

Page

3

Perrylanes Bowling Center Expands to 32 Lanes

Perrylanes Bowling Center adds 16 lanes to reach 32 for league and open bowling. It features automatic scoring, leagues for women men teens and clubs, a 70 seat snack bar, color TV, carpeting, nursery, game room, conference rooms, drive under carport and 200 car parking. Located on Highway 31 South the center is air conditioned and open daily 9 am to midnight except Sundays 1 pm to 6 pm.

Perrylanes Bowling Center Wyman Gibson Perrylanes Highway 31

Silver Issues Stage and Retire From Market Rally

Silver issues briefly led the stock market drama this week then faded as President Kennedy ordered the Treasury to stop selling silver to industry at a fixed price just above 91 cents an ounce. The move sent prices higher temporarily before interest cooled and traders moved on.

Jack Lefler AP Business NEW York (Ap Kennedy Treasury

Silver Market Moves and Wall Street Outlook

New York December 1 AP The silver market spurred a stock rally on New York and London exchanges as the treasury sales ended and the president seeks repeal of silver laws. Analysts warn profit taking may press silver shares lower despite potential gains if metal prices rise. Eldon A Grimm of Walston & Co notes silver equities track the metal price with world hoarding and a U.S. tax on speculative profits shaping supply. Joseph E Granville of E F Hutton & Co adds that gold stocks drew interest as traders anticipated silver’s move.

New York London Treasury Wall Street Eldon A. Grimm Walston & Co Grimm United States Joseph E. Granville E. F. Hutton & Co

Labor picture gets brighter with eight centers removed

The Labor Department said eight more industrial centers were taken off the list of areas with substantial unemployment. The latest report shows 60 cities and metropolitan areas of 150 surveyed with unemployment over 6 percent, a contrast to the earlier recession driven figures from prior years.

Jerry T. Baulch Washington Labor Department

Cotton Futures Trade Slows as Prices Edge Up

New York December reports show cotton futures closing 20 cents lower to 55 cents higher, with slow trading and few incentives. Prices softened at the open amid hedging and liquidation, while fresh demand from commissions spurred short covering for new crop months. Nearby deliveries lag as late December notices issued.

New York New

Easy Way to Kill Roaches Ants Fleas of 8 oz No Roach

Modern pest control claim promising long lasting effect with brush on formula. Product marketed as safe for months and sold at Kroger H and H Drugs Fuller's Monarch Stores and other outlets, distributed by A G Harvey Ragland.

Johnston Kroger Fuller’s P & H Monarch A. G Harvey Ragland

Fallout Shelter On Display By Decatur Firm

A Decatur company exhibits a built steel fallout shelter at Diseker Sheet Metal Works on Vine Street NW. Designed and constructed by the firm, the walk in shelter holds 10 or 11 people, stands 7 feet 12 inches high inside the arch, and costs 1850 to 1950 dollars with water, electric outlets, antennas, and a water tank. It is praised by Civil Defense officials for easy installation and strong construction.

Decatur Civil Defense Diseker Sheet Metal Works Vine St. NW Alan G. Diseker Diseker Howard Proctor Morgan County Civil Defense Discker Civil Defense Ort Morgan County Cecil Hide Alabama Lucille Lindsey Alar’ Diseker

Standard and Poor's Stock Index Figures Report

New York December 1 Standard and Poor's 500 stock index shows higher and lower values with a closing at 75.62 and a net change of plus 0.54. Railroads and other listed sectors show gains with modest advances across the board.

New York Standard and Poor Rene Cis Sca Lgthapsessea Sica Sepebiecesgseesse Scadames Abdhauschemendancene Ices Cosy Cananes Lneannegie

Steel Leads Sharp Snapback Of Market

In Chicago a brisk but uneven demand for butcher hogs accompanied a light 6500 head sale with mixed grades at 15 to 17 dollars and sows to 14.50. Cattle offerings were too light for price tests though some heifers cleared at 23.25 and utility bulls 18 to 20.25. Lambs brought 14.50 to 16.50 for good to prime classes while wild market action in New York sent the Dow up 7.20 to 728.80 and the AP 60-stock average to 266.30 as steel shares led a broad market rally with strong volume.

Chicago Dow Jones American Stock Exchange U.S

Heavy Grain Holds Price in Mixed Market

In Chicago Fairly heavy selling kept the grain futures market under steady pressure. Wheat, corn and rye fell more than a cent a bushel, oats rallied feebly and closed mixed, soybeans steady to firm. Dealers cited liquidation hedge selling and profit taking as the main drivers.

Chicago

Oratorio Planned For Red Peace

A young composer in East Germany is writing an oratorio to hail the peace treaty promised by the Soviets to the East German regime, according to an East German cultural publication.

Berlin East Germany

Market summary fragment from December farming prices

The fragment notes December soybeans at 1.384 while soybeans rise 42 cents and January futures at 2.43 percent, unclear as to full context or commodity scope.

They Aren't Built Like They Used To In Rome

The AP reports rain swollen the Tiber River washed away a modern bridge while a two thousand year old bridge withstood the flood proving durability of ancient design over newer structures.

Rome Tiber

Elkmont Festival Crowns Miss and Mr Elkmont High

At the fall festival in Elkmont the titles Miss Elkmont High School and Mr Elkmont High School were awarded. Linda Wright, 16, daughter of Mr and Mrs Alvie Wright, and John Reece, 17, son of Mr and Mrs Joe Reece, were named winners. Also crowned were Mr and Miss Elkmont Elementary School Brenda Putman and Rutch Jones.

Elkmont Elkmont High School Linda Wright Alvie Wright Elkmont 3 John Reece Joe Reece Brenda Putman Jesse Putman Elkmont 1 Miss. Elmont Elementary Rutch Jones Ruth Jones Elkmont Elementary

York Witnesses Reported Stopped Fairly Promptly

A brief note records that York and others were reported stopped promptly, suggesting swift police or authority action without details of the incident.

York

City Resident To Be Honored At Retirement

John G. McGehee of Decatur retires after 25 years with Life Insurance Co of Georgia. He will be honored at a luncheon at Capital City Club in Atlanta where he will receive an engraved silver tag. Presenting will be J. M. Shefield Jr., chairman of Life of Georgia.

John G. McGehee Decatur Life Insurance Co Georgia Capital City Club Atlanta McGehee Life J. M. Sheffield, Jr Life of Georgia Decatur High School University of Tennessee Florence Sheffield Tuscumbia Huntsville Decatur Life Underwriters Association Decatur Rotary Club Methodist Church Thelma Sheffield Tiny Vine St

Refugees Flee Red China to Portuguese Island Colony

The Mainland Refugees Relief Association reports more than 600 Chinese refugees reached this Portuguese island colony in November.

Red China MACRO Red China Mainland Refugees Relief Association

Also Mentioned on This Page

the Decatur Daily Weekly Business- Industrial Review Cael Standard and Poor's Stock Index Associated Press New York Stock Exchange Industrial Chemicals, Inc. Distributors OF Johnson’s SK Ladies Phillips F 14Th Street $.E ACME 1St Ave S.E Lyons Electric Company 12Th Ave. S.E Wright Printing Company Harold & Mildred Wright Bain’s Service Station First Avenue Lang’s Sporting Goods Decatur’s Bank St. Phon Blue Ribbon Shoe Shop Second Avenue DU Pont Midway Blind & Floor Covering CO Moulton Patterson Fence CO Ewell S. S.W RAY Bailey Lumber CO Hartselle Ala RAY Bailey Homes Benjamin Moore Weiser Electric Supplies North Alabama Dial EL of Georgia Agency Inspection Department Whitlow TV Service W. Moulton St Wallac Second Ave Tucker Ittv Ue Sanders Edgers Paint Bargain Counter Decatur Paint & Wallpaper Co E. Moulton St
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