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Decatur Daily in Decatur, Alabama

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Dec 04, 1955

Page

5

Stock Market Pauses After Four Week Advances

The market eased after four straight weekly gains as volumes steadied and quality issues held steady. The AP 60 stock average touched 181.50 on Wednesday, briefly matching the Sept. 23 peak before closing the week at 180.50, with total volume around 12.49 million shares. Corporate news included stock splits, higher dividends, and expected yearend payouts.

New York Associated Press Eisenhower New York Stock Exchange

United States Exports Rice as Third Largest Global Supplier

The United States ranks as the third biggest exporter of rice, reflecting its significant share of global trade. This position underscores the country’s role in supplying markets across Asia, Africa, and the Americas through large-scale production and shipping.

United States

Brevard Gates Named Tax Accountant At Chemstrand

Brevard L. Gates named tax accountant for The Chemstrand Corp announced by Howard C. Greer treasurer. Gates, native of Warren Pennsylvania, formerly staff auditor with Ernst and Ernst in Erie, and previously with Welch Grape Juice Co. and Cooper-Bessemer Corp. He earned a CPA certificate in the District of Columbia on Nov 29 and a commerce degree from Grove City College. He and his wife Lena and children William and Valerie live at 1617 Chestnut St Decatur.

Gates Warren Penn Ernst and Ernst Erie Welch Grape Juice Co Westfield N. Y Cooper-Bessemer Corp Grove City District of Columbia Grove City College Lena William Valerie Chestnut St Decatur

Cotton Futures End Week Higher On Irregular Trade

New York cotton futures finished the week with gains despite uneven trading. Nearby contracts rose as much as 2.15 per bale while parity under the government price support basis showed mixed movement and a drop under the new formula.

New York New York Cotton Exchange Congress New York Cotton Exchange Service Bureau

Democrats ready to attack Nixon if Eisenhower runs again

Democrats plan a heavy barrage against Vice President Nixon as a potential 1956 GOP nominee. They have files on Nixon covering speeches voting records and policy shifts labeled isolationist and internationalist. Strategists warn Nixon could be better known than any other VP candidate and hinge the race if Eisenhower runs.

Ike Nixon Jack Bell Washington Eisenhower Democratic National Committee House Senate Paul M. Butler Truman Sen Neely D-Wva Averell Harriman New York Sen. Sparkman Alabama Sparkman Warren

Cotton loan rate outlook and crop projections noted

Traders weigh the January 1 price as the effective level for the guaranteed minimum loan rate for the 1956 crop. Private forecasts place current crop size around 15.2 to 15.4 million bales, versus the government’s 14.843 million bale November forecast and December forecast due later this week. The latest loan-entry report shows 484,000 bases pledged in the week ending Nov. 25, with holiday effects. Exports for the week end Nov. 25 total 36,000 bales, while season-to-date exports reach about 526,000 bales, far below last year’s 1,129,000.

Egyptians Deny New Arms Deal

The Egyptian Embassy in Washington denied a Cairo dispatch report that Egypt agreed to buy 230 million dollars worth of arms from Czechoslovakia over five years, on top of an 80 million dollar deal earlier. A spokesman called the report categorically unfounded and reiterated no agreement had been signed or contemplated.

Washington Egypt Czechoslovakia Cairo New York Daily News

Hartselle Civitan safety education project at elementary

Hartselle Civitan Club sponsors a safety education program at Hartselle Elementary School. They supply teachers with Safety Education magazines from the National Safety Council to guide lessons. A Santa letters contest will award prizes of 7.50, 5.00, and 2.50 for top entries, with themes and future classes continuing after Christmas break.

Hartselle Civitan Club National Safety Council Edward W. Summers Orval Sparkman Santa Claus

Also Mentioned on This Page

All-States Cafe Cornelian Hotel Dining Room Cornelian Hotel H. Leon Reeves Your Crossey, Bendix and Speed Queen Dealer E. Moulton St R.R. Crossing Brevard Gates Chemstrand Brevard L. Gates Chemstrand Corp Howard C. Greer the Lawrence County Armendment 1 Lawrence County Board of Education Lawrence County Citizens Committee Marty Kingsmore Decatur High School North Alabama Athens College Hartselle Civitans KODAK Brownie Inc. Fed. Ted Cine-Kodak Showtime Que Aree Kodak Photo Hobby Kodek Qutert Isles Kodak Camera Crump Camera Shop Bank St Telectro
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