Stock Market Retreats as Inflation Worries Persist
The New York stock market eased amid inflation fears and weak economic signals. The Dow Jones 30 fell to 840.44 at noon, with losers ahead of gainers on the NYSE, while government price reports and durable goods data fueled caution.
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New York
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Carrier Corp
NYSE
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Decatur Markets Grain Prices Report
Market listings show cotton in Augusta at 1-16 inch SLM 7.75, Montgomery 1 1-16 SLM 56.75, Memphis 1-16 SLM 55.00. Soybeans No. 2 at 4.29, No. 2 Mile Per Hundred at 4.15, No. 2 Clear Milling Wheat 3.43, No. 2 White Corn 2.50, No. 2 Yellow Corn 2.64.
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Panel To Meet Council On Athens Tax Increase
Limestone County Farm Bureau will ask the Athens city council to rescind a 1 percent sales tax and seek signatures on a petition opposing the tax. The committee says the plan would raise revenue by 451000 annually and could push city merchants to lose as much as 25 percent in retail sales.
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Athens
Limestone County Farm Bureau
Bureau
Over the Counter Securities Quotations Display
NASC representative quotations show interdealer prices around 10 a.m. Interdealer market remains stable as prices do not reflect markups or markdowns.
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Inter-deeler
LEPA Grants Recommended for Alabama Counties
Region I of the Alabama Law Enforcement Planning Agency proposes grants totaling over 15 500 for four counties Cullman Lawrence Morgan Limestone to support juvenile probation circuit judge secretary training and judge Roseneau. The LEPA board meets January 21 to review the recommendations which cover 11 regional counties totaling about 463 000.
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Alabama Law Enforcement Planning Agency
LEPA
Cullman
Lawrence County
Doug Miller
Morgan County
C. B. McRae
Limestone County
D. L Roseneau
Miller
Wallace Supporters Aim to Pack Mississippi Delegation
About 100 Wallace supporters met to plan the January 24 precinct meetings as the first step in Mississippi's delegate selection for the 1976 Democratic convention. The group unveiled a $25,000 ad campaign and a Wallace speech in Jackson on January 16, aiming to influence the Loyalist slate amid a split between Regular Democrats and Loyalists led by Aaron Henry.
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Joseph Bonney Jackson
Miss
Alabama
George C. Wallace
Mississippi
Steve St. Amant
Wallace
Jackson
Florida
New Hampshire
St. Amant
Iowa
Fred Harris
Oklahoma
Meridian
Greenville
Sargent Shriver
Jimmy Carter
Lloyd Bentsen
Texas
Harris
U.S
Angola
Russia
Cliff Finch
Finch
Aaron Henry
Clarksdale
Mobile sanitation workers vote to end strike
About 400 Mobile city sanitation workers voted to return to their jobs as the city commission considers a new pay offer. The vote followed a strike that halted garbage collection.
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Mobile
Ala
Mobile City Commission
Drug Suspects Freed On Bond In Decatur Marijuana Bust
Three men arrested for sale of marijuana in what police call the area’s largest seizure were released on bond. Robert Kimbrel faces three counts of sale of marijuana with bonds totaling 5 500. Edward Higdon and Herschel Gorham each post 2 000 bonds. An undercover agent and weeks of investigation aided the arrests.
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Decatur
Robert Kenneth Kimbrel
Thomas Dr
Kimbrel
Edward Charlie Higdon
Falkville
Hers
County bids on courthouse furniture and pickup truck
Morgan County Commission opens bids for courtroom furnishings funded by a $33,000 grant from the Alabama Law Enforcement Planning Agency. Commission Chairman Dick Thornton notes benches jury seats and spectator seats for three courtrooms. Also bids on a half ton pickup truck for Commissioner Jack Maddox’s district. Friday night the city personnel board approved pay raises from $10 to $30 pending city commission approval effective January 1.
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Morgan County Commission
Alabama Law Enforcement Planning Agency
Commission
Dick Thornton
Jack Maddox
City Personnel Board
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