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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Dec 25, 1973
Page
37
Highs near 60 expected through Wednesday with 50 percent chances of rain today and tonight. Mostly cloudy skies persist with southerly winds 12 to 16 mph. Precipitation for the day traces. month total 1.75 inches. Temperatures ranged from 39 to 58 over the past 24 hours and into Monday evening.
International Paper CEO change signals cautious 1974 outlook amid global supply tightness. The firm funds modernization and environmental upgrades while resisting large new mills. IP executives caution price controls and high European costs hamper investment, with 225000 tons annual U.S. output and 1.2 million Canada newsprint.
Funeral services were held for Samuel D Beeman 51 and Sadie Beeman 47 of Bourbonnais killed in a plane crash near Cissna Park Illinois en route to visit relatives in Decatur and Huntsville. Plane encountered fog shortly after takeoff from Greater Kankakee area.
The 61 year old executive, doing quick arithmetic, says a daily capacity of one thousand tons would cost about 150 million dollars before interest. He notes a daily ton of capacity costs roughly 150,000. WANT ADS GET RESULTS.
Fractions and percentages appear in a garbled stocks section with figures such as 7 percent, 19 percent, and 44 percent. The text lists various percentages and numbers tied to securities but lacks coherent company names or dates.
Funeral services for Curtis Watts age 58 of Hillsboro Two who died at Baugh Wiley Smith Hospital Monday will be announced later by Reynolds Funeral Home.
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