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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 11, 1960

Page

5

Athens College President McCain Offers Humor and Drive

Dr. Virgil McCain, Athens College president, praised for optimism and humor that push the college forward. Noted for a clever businesslike calling card and a humorous honorary degree story from Sneed College. Also mentioned are Kay Pollock selling a top herd at Chicago and Limestone County soil testing gains led by F. K. Agee with a county income rise to 12.898 million dollars.

Virgil McCain Athens College Decatur High W. H. Jenkins Sneed College M.U Sand Mountain University John Sparkman McCain Athens Nancy Fleming Herford Chicago Limestone County F. K. Agee Montgomery Agee G. H. Aull Clemson College

Prison study panel debates modernization plan and Kilby land value

The legislature's prison study committee approved a comprehensive modernization package with a general obligation bond plan but called the report tentative pending Kilby reservation appraisal due in March. If Kilby land values fall well below 10 million dollars, changes are likely before May.

Kilby Reservation Montgomery

CATES COMMENTS On Decatur Bond Issue Efficiency

The city sold 275000 in public improvement bonds for sewer work at 3.01 interest. If priced at the national average 3.5 the city would have paid 7374 more in interest over 10 years. Bond buyers prize Decatur's high quality issues due to businesslike city management.

City of Decatur City of Decatur

Industry Growth Prompts Bond Debate In Rutherford County

Rutherford County officials discuss financing a development plan through general obligation bonds while industry expansion and new plants attract businesses from across the nation. Critics warn bonds may overcommit state funds if land yields are uncertain and favor selling land in full rather than piecemeal to maximize value.

Murfreesboro Harold Earthman Earthman Rutherford County Prison Board Kilby Larry Dumas Jefferson Princi

UAW Sets Year Goals as 30 for 40 Gains Surface

In Detroit the United Auto Workers plan meetings to craft bargaining aims for the April 26 29 convention. Talks by top leaders will decide the 1961 priority likely a 30 hour workweek for 40 hours pay. Key figures push 30-for-40 while opposing overtime during high unemployment in the auto industry.

Alabama Maryland Kansas Cullman Kiwanis Club Lawrence County Coliseum A. F. Mahan Detroit Mich United Auto Workers Union UAW General Motors Ford Chrysler Richard T. Gosser Skilled Trades Department Chicago Wilfred Grant Ford Local 600

Government saves money on interest boosts bankers confidence

Bankers and bond buyers gain confidence when the government cuts interest costs. Earthman notes the appeal of money and the financial sector benefits from reduced debt service costs.

Earthman

Hindu Nation Reveres Ganges Water in Death Rites

In India the Ganges River is regarded as holy for centuries. A single drop of Ganges water on the tongue or eyelids of a dying man is believed to cleanse him of sin.

India Ganges River Ganges

Canadian Firm Halted From State Selling

MONTGOMERY AP Atty Gen MacDonald Gallion ordered Kermac Corp Ltd of Toronto to stop selling securities in Alabama. He said the firm is not registered to operate in the state.

Montgomery (Ap Atty MacDonald Gallion Kermac Corp. Ltd Toronto Canada Alabama

Also Mentioned on This Page

Cady Jack Smith Iowa Kay Pollock Greenbrier Capitol A& P Sweet Sue Zeigler Florida A&p the Great Atlantic & Pacific Tea Company, Inc AP Super Cates Tennessee Old Bossy King Cotton Tennessee Valley Pharmacist Huntsville G.A.C. Finance John G. Kramer Telephone Elgin Ronson Lele LT le Bulova 2Nd Ave Rogers Remington Schick Sunbeam
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