Dow Jones Averages Edge Higher on Trading Day
The Dow Jones industrial average rose from 879.16 to 887.25 as trading continued. AP Wirephoto chart accompanies the market update.
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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Dec 09, 1967
Page
3
The Dow Jones industrial average rose from 879.16 to 887.25 as trading continued. AP Wirephoto chart accompanies the market update.
New York markets ended the day with a moderate loss as trading remained active. The Dow Jones average fell to 887.25 while the Associated Press index slid to 317.2. Volume reached 10.7 million shares amid year end tax loss selling and technical trading.
Livestock prices declined across weight categories at the Chicago Stockyards this week. Hogs under 230 pounds traded lower while heavier hogs remained steady to higher. Slaughter steers closed steady to 25 cents lower and slaughter heifers steady to 50 cents. lambs were steady to weak and slaughter ewes fell up to 50 cents. Total receipts reached 32 000 for the week, versus 28 600 prior week and 37 300 a year earlier.
A 20 year old Moulton woman sues Diskay Discount Martin Decatur for 50000 alleging false imprisonment and petty larceny. Attorney Leslie Doss filed in Morgan County Circuit Court naming Diskay manager Jim mie R Ferguson and W T Grant Inc owners as defendants. She was arrested December 1 1966 and held in city jail for about one and a half hours before being found not guilty in the city recorder's court. The trial is set for March 1968.
The Decatur Jaycees sell Christmas trees at the Pet Milk Building and near Larry's Food Mart to raise funds for needy families. Proceeds fund gifts, with trees available noon to 10 PM Monday through Saturday and noon to 5 PM Sundays until December 23. a Christmas Basket Skating Party at Phillips Rollercade on Monday 7 to 9 30 PM charges admission via canned goods.
The first edition of the Madison Shopper was delivered Thursday as a free publication in Madison. James Record is named president, Lin Mills editor and publisher, and Lorene Haire vice-president. Mills previously ran a shopper paper in Huntsville and Athens Limestone area. The weekly edition notes Mills ceased his prior shopper venture about a year ago.
Martin Marietta receives a patent for the Man-Can man wearable navigation device. A belt worn compass and pedometer helps a foot soldier track position without landmarks. It uses stride length, two dials tied to map coordinates, and a bellows air pump. Estimated cost under 100 dollars.
The patent assigned to Ocean Systems Inc of New York and Alexandria Va describes a 22 foot long submarine with a five foot beam and mobile propulsion. It notes an electric main propulsion unit that swivels 180 degrees and a bow thruster for full nose rotation along with a hovering motor. Also mentioned is a watch waterproof testing system using air to avoid wetting movements and notes of other related patents and inventors.
Ralph Hammond, mayor of Arab, will become chair of the Mongan Marshall County anti poverty organization. He accepted at a Guntersville directors meeting and will assume Jan 11 at a joint board session. Dr Matthew Hall resigned to take a Huntsville post. G W James praised the appointment and program continuity.
Health Capsules presents general health tips and cautions. It includes cautions about alcohol impairment and driving safety. The column notes the information is not a diagnostic substitute and mentions common health concerns like ringworm.
Larry Goddard executive director of the Illinois Auto Salvage Dealers Association spoke at a meeting about a proposed disposal fee added to the purchase price of new automobiles. The association is running a survey under a federal grant titled Illinois Auto Salvage-Waste Pollution Control with support from the Office of Solid Wastes HEW.
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