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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Dec 17, 1937
Page
2
Discussion centers on a substitute bill tied to cotton terms aimed at helping farmers while market summaries show early losses and slow trading. The report notes activity across companies and commodities including Federal output, steel and motor stocks, and cotton futures closing steady with minor declines.
Markets at a glance show steels leading gains while others stay quiet with irregular government moves. Curb market mixed. mining shares steady. cotton weak due to liquidation and hedging plus some buying. Foreign exchanges steady. corn easy. cattle near steady with hogs down 10 to 15 cents.
Cattle steady with No. 1 fat grass cattle and beet type. No. 2 common steers and heifers mixed grade. Culls and cutter bite to No. 4 butcher cows. No. 5 bulls trading around 3 1/2 to 5 1/2 cents.
Nashville Tenn Dec 17 10.8 Dept Agr cattle 200 calves 100 steer and heifers steady to 6.25 8.00 for meaty and short fed. Beef cows and sheep steady lambs quoted around 6.0 to 6.6 per head with fat lambs rising slightly.
Cottonseed oil closes steady in New Orleans on December 17 with prime summer yellow at 6.45 and prime crude 5.75 to 5.47. Prices for nearby and deferred contracts range from 6.60 to 6.78, with several months quoted.
Prime cottonseed meal futures closed steady in Memphis on December 11 with 41 percent content. Prices listed for nearby months include Dec 22.00, Jan 20.90, Feb 20.45, Mar 21.00, Apr 20.70, May 21.00, Jun 20.75, Jul 20.75 with 2009 bales reported.
Cotton prices edged down after a slight opening advance as May and July futures traded with small gains then eased. Afternoon activity showed unchanged levels near earlier highs with May at 8.29, July 8.27, October 8.46 and December 8.52 as buyers paused amid higher prices and thin trading.
Chicago market summary for December 17 notes live turkeys and hens steady to firmer, with 39 trucks of poultry and eggs showing minor price moves. Hens at 17 1 2 cents, Plymouth Rock stock at 24 cents, geese at 17 1 2 cents, toms under 16 pounds at 96 1 2 cents, other items unchanged.
Dairy market report from Chicago summarizes butter and creamery product prices with various grades and lots. Includes totals for current receipts and market classifications, noting limited or incomplete entries and fresh graded totals.
Chicago December wheat prices closed firmer after late rallies offset earlier losses in a choppy session. May wheat advanced to 90 7 8 cents, July 88 3 8, with oats up and corn little changed as traders weighed official yet unofficial supply signals from Kansas.
The coroner probes the deaths of a 50 year old automobile salesman and his 39 year old wife Snake Seenine in a suburban Pittsburgh area. The husband died yesterday from burns and shock after finding his mother and step father in flames. Police believe the man doused his clothing with gasoline and set himself and his wife ablaze before seeking help.
Preliminary inquiry shows Harold Franklin of Kansas City likely died of natural causes despite poison bottles found in his room. A note was left in the room and Coroner Samuel B. Wolfe planned an autopsy. Authorities pursued identity leads with little success.
Dec 17 in New York Curts B. Dall former son in law of President Roosevelt was granted a retrial in his $250000 libel suit against Time Inc for publishing an article depicting him as responsible for an imagined death by his own action.
Senator McAdoo explains a substitute farm bill mechanism based on cost of production plus four percent profit to set a minimum cotton price for domestic sale. Farmers would receive gin certificates for excess, sell within limits at minimum price, with surplus via the farmers surplus corporation and Ever Normal Granary concepts.
British columnist recalls the Countess famed for sharp remarks and charity giving. She opposed a London show spoofing her marriage to Prince Alexis Mdivani amid impersonations that drew a licensing ban. She cites annual American charity gifts and defends funding her own people.
Teachers in Decatur schools today were paid $4000 in salaries with half the fourth month paid now and the rest to come in January. The distribution aims to give teachers funds to use for Christmas.
First National Bank directors in Gadsden announce a six per cent dividend payable January 5 1938 to stockholders of record December 31 in a year showing substantial business growth. Separate notes report health warnings about dangerous solvents and air marking plans for Alabama towns.
A circuit court jury in Birmingham Alabama found Gordon Montgomery twenty one guilty of abusing a little girl in an attempt to have carnal knowledge and fixed punishment at ten years imprisonment. A prior similar case against Montgomery had been disagreed.
Birmingham and Montgomery residents William T. Going 22 and Nicholas C. Read 21 were chosen from 11 candidates yesterday as Alabama’s two diversifiers. Other states sending reps to New Orleans include Mississippi Louisiana Arkansas Oklahoma and Texas.
Roy Scott, 23, found guilty by a circuit court jury of second degree murder for the killing of an aged black watchman during a burglary at a local cleaning company last summer. The jury fixed a 15 year penitentiary sentence.
The Birmingham Fire Insurance company executive committee reports higher net earnings despite bigger losses and declares a quarterly dividend of 40 cents a share on 30 000 shares. Payment date is Jan. 3 to stockholders of record as of Dec. 20.
Damage suits totaling more than 400000 will be heard starting tomorrow by Judge R B Carr in the Talladega circuit court. The action was begun by relatives of Deputy John C Bryant and Joe Hayes, fatally wounded in an outbreak of labor troubles in 1936.
Dr. Douglas L. Cannon said Bibb county has allocated funds for a health unit and full time organized units will begin January 1. Alabama aims to be the first Southern state and third in the nation with a full time health department in every county.
Homewood Alabama officials announce President Roosevelt approved a Works Progress Administration grant of 23425 dollars for Homewood. The funds will be used to improve and pave streets, per a telegram from Orville Bush the representative in Washington for Governor Bibb Graves.
Dee Rountree, director of Air field development for the Alabama Aviation Commission, announced a regional meeting with representatives from ten southern states and Washington to be held in Birmingham or Montgomery. He noted prior sessions in Boise and Sacramento and said the long range co ordinated airfield construction plan has drawn nationwide interest.
Attorney General Homer Cummings appoints Earle Pettus of Birmingham to assistant United States district attorney on January 26 in Birmingham Alabama. Pettus will serve in the district attorney’s office under the new arrangement announced today.
Eyewitness accounts recount the Panay being struck by bombs and machine gun fire by Japanese planes as the crew fought to abandon ship. The engine room was torn apart, water flooded in, and several lives were lost or gravely wounded during the assault.
Survivors recount the Panay raid as Japanese planes bombed and machine gunned the vessel and its small boats. Soldiers boarded and then abandoned ship as gunfire and sinking hulls forced escape into reed swamp and mud. Wounded were carried ashore on improvised stretchers toward a Chinese village.
Dr Ernest W. Burchard of the United States Geological Survey testified the Berry marble holdings in the dam area are likely unprofitable to mine. He cited a value range of 1.2 to 2.5 million dollars and described portions of the stone as impractical for commercial use. TVA geologists supported the assessment with specimens labeled gray or red.
Attorney General Cummings promised to study an anti monopoly bill in the senate. Senators O Mahoney and Borah had submitted the measure for federal licensing of interstate corporations to curb restraints on trade. President Roosevelt favored new regulation and was expected to offer recommendations in the 1938 session.
The foreign office spokesman denied that Japanese ships opened machine guns on the Panay. He cited Japanese information stating the American gunboat was alone with no other vessels nearby at the time.
Shanghai reports that Chinese and Japanese forces threaten broader warfare as Japanese troops claim a formal entry into Nanking and vow to carry on their campaign. The invasion crosses toward the south coast with armed forces determined to advance despite resistance.
James Arthur Jones was chosen to head the Key Club and junior civic group at Riverside High School for the second semester. Faculty member Prof. Leon Moody attended as guest. Luke Pryor elected first vice president with J O Colvard Jr named second.
After a Sunday bombing the Panay crew struggled five miles to Hohsien. Survivors arrived just after midnight with aid from Chinese coolies and a Japanese surgeon. Lieut. Clark G. Grazier of Ingomar Pennsylvania tended the wounded aboard and ashore with calm efficiency.
Decatur events listed include a West End Recreation Center Christmas program at 8 pm, a Christmas drama “Little Brother of the Blessed” at Westside Presbyterian, a morning sermon on hospitable living by Rev. J H Chitwood, and a Fairview Baptist youth program at seven. Various locals plan Sugar Bowl trips to New Orleans, church services Wednesday and Sunday, and several residents travel or visit.
San Francisco authorities search San Francisco Bay for two inmates Ralph Roe and Theodore Cole who escaped from Alcatraz in heavy fog. Warden Johnston notes 20-foot cliff, possible water escape, and caves on the island as boats and shore patrols scour the area for the pair.
McAdoo’s administration faces two tests before passage. A decision on whether a single labor department official or a five member board should administer the bill and a push to recommit the measure to committee for revision. AFL leader William Green urged action, but aides expect the recommittal proposal to fail.
In St. Louis the Republican national executive committee selected Dr. Glenn Frank, former University of Wisconsin president, to head a new policy forming committee. Frank said he had not been invited and had no contact with anyone at the meeting, and the action lacked official confirmation.
Rev. R. D. Sweat of Louisville Kentucky is leading a revival campaign at the Church of God located at 1220 Sixth Avenue south in the former Associate Reform Presbyterian church building. Rev. W. C Bates and Rev. Sweat issued a joint invitation for public attendance and participation.
An elaborate Christmas program is set for Sunday at 7 PM at Sixteenth Avenue Baptist Church. The B T U will present the program under C L Buck with a cast of 35. A large attendance is anticipated.
Charges of obstructing traffic against 184 United Automobile Workers members were held in abeyance in Detroit as a federal test decides whether Dearborn officials can designate the zone where literature distribution occurred at Ford Motor Co. Gates.
Four defendants appeared in police court today. Two charged with drunkenness, one with speeding, and one with petty larceny.
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