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Decatur Daily in Decatur, Alabama

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Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Dec 27, 1930

Page

7

Markets Slip Then Steady After Heavy Early Selling

In New York trading on December 27 the market opened with substantial liquidation from tax and bear selling, then staged a late recovery though still ending on a heavy note. Volume reached 1.35 million shares with notable moves in GE Westinghouse American Tobacco and International Harvester while local traction gains fueled talk of a consolidation deal next week.

Claude A. Jagger Associated Press New York General Electric Westinghouse Electric International Tele North American Loews Pennsylvania Standard of New Jersey

New York Stocks Mixed on Dec 27 Quotations

The Associated Press reports early and late quotes on the New York Stock Exchange with varying highs and lows for Am Smelt and Ref, Am Tel and Tel, Atlantic Ref, Gen Elec, Gen Motors, US Steel, Du Pont, Allied brands, and others. Markets show fractional gains and losses across multiple prominent issues as investors track 2 pm levels.

The Associated Press New York New York Stock Exchange Amn Kane TIA Ae Anaconda Atlantic Balt Ohio Barnedall A Bethlehem Chrysler Cor! Solvents Commonwealth Soun TM. Corn Products du Pont Ne Mours Erie RR Pisk Fox Film A Freeport Tex Elec Gen Motors Houston Oil Hudson Motor Huppee Ae Ee Montgmy Ward Murray Corp Il Nat Pow and Let Pan Ama Pet Cen Emt Phillips Pet St al Na Ol NY Tex Pac L Unit Corp US Steel Walworth Warner Pictures Wet el Mig Woolworth

New Orleans Cotton Market Ends Steady After Early Decline

In New Orleans on December 27 the cotton market opened quiet and easy as Liverpool stayed closed. Early losses of 3 to 6 points gave way to a late rally with shorts covering and buying demand from the Farm Loan Board, finishing very steady with small net changes.

New Orleans Liverpool Shorts

Cotton Opens Barely Steady Amid Week’s End Trading

New York cotton markets opened barely steady with losses of 5 to 8 points as overnight selling pressured prices. New Orleans traded easier with liquidation seen in January to 9.53 and May to 10.07, while shipboard cotton awaiting clearance stood at about 161 000 bales. Spot middling was 9.80. The signal corps began producing instructional sound pictures for troops and Georgetown County South Carolina unveiled its first highway pavement on a one mile section.

Youngstown Carnegie Steel Sharon Steel Department of Sture Stock Exchange Cleveland Federal Reserve Bank New York New Orleans Liverpool

Corn gains on new sugar regulation predicts large usage

Chicago reports corn advancing sharply on new rules allowing extensive general use of corn sugar. Analysts foresee up to 100 million bushels yearly extra demand. Corn closes unsettled up 1 15 to 8 cents, wheat mixed with small gains and losses, oats down.

Chicago John P. Bmughan Associated Press

Grain and livestock prices listed for December 27

Wheat No 1 high 78 3 4 and 78 1 4 for mixed. Corn No 3 mixed 60 3 4, No 2 old 66 67, No 3 yellow 61 1 4 63 1 2, No 4 white 60 61 1 2. Oats No 1 white 31 1 4, No 2 white 31 31 1 4. Rye no sales. Barley 41 65. Timothy seed 8 75 9 00. lowerseed 15 00 22 75. Lard 9 25, ribs 10 75, bellies 10 75.

Grain prices in St Louis market report

St Louis market daily cash quotes show Wheat No 1 red winter at 82 1 2 cents, Corn No 3 yellow 61 1 2 to 63, No 4 white 60, and Oats No 2 white 33 1 2 cents.

ST. Louis Grain ST. Louis

Foreign exchange rates in New York prompt firm demand

The foreign exchanges in New York on December 27 show firm demand with Great Britain at 4.855 8, cables 4.857 8, 60 day bills 4.83 7 16, France at 3.93 1 8, cables 3.93 1 8, Italy at 5.23 1 2, cables 6.23 7 8. The rates indicate stable dollar demand across major currencies with minor cable adjustments.

Foreign Exchange New York Great Britain France Italy

Chicago Livestock Market Report December Prices

Cattle 200 with fat cows weak to 25 lower and best fed yearlings at 14.75 a new high on crop. Best heavies 13.50, bulk fat steers 8.60-12.00. Sheep 1,000 with top fat lambs 8.75 and feeding lambs 6.75-7.15. Hogs 7,000 with packing sows 6.75-7.00 and good 140-160 lb hogs 8.25-8.50. 160-200 lb 8.20-8.50. 200-225 lb 7.75-8.30. 275-500 lb sows 6.65-7.25.

Chicago Livestock Chicago

Cotton futures close steady with mixed directional moves

New Orleans and New York markets show a steady to mixed close. Prices for January and July contracts move within narrow ranges, with highs and lows listed across regions and months.

New Orleans Cotton Prices Hold Steady in Late December

Spot cotton in New Orleans closed steady with unchanged quotations. Sales reached 1,093 bales as low middling stood at 7.90 cents, middling at 9.40, and good middling at 9.90. Receipts totaled 4,189 and stock 783,631 bales.

New Orleans

Potatoes markets steady with varied regional prices

Chicago reports U S Department of Agriculture data showing dull trading for potatoes on track 180 with total U S shipments 265. Wisconsin round whites range 1.40 to 1.50 per cwt with some 1.60 to 1.65, Idaho Russets No 1 at 1.70 to 1.85, No 2 at 1.25 to 1.35, and Colorado branded McClures selling around 2.00 per cwt.

Chicago Wisconsin Idaho

Cottonseed futures hold steady across months in Memphis market

In Memphis Tennessee on December 27 cottonseed futures closed steady with Jan through Aug contracts at 27.50 to 28.00 per ton. No sales reported for cottonseed futures while cottonseed meal futures remained steady from Jan to Aug with prices from 24.00 to 26.50 and total sales of 3,400 tons.

Memphis Tenn

Cottonseed Prices In New Orleans Trade

New Orleans December 27 cottonseed market closed quiet with prime summer yellow at 6 three quarters crude at 5 three quarters to 6.00. Futures listed Jan 6.68 Feb 6.72 Mar 6.89 Apr 6.91 May 6.98 Jun 7.02 Jul 7.11 Aug 7.15.

New Orleans

New York Oil Prices and Cottonseed Oil Quotes

Cottonseed oil closed steady in New York with prime summer yellow at 7.50 and prime crude 5.75 to 6.00. Futures listed Jan 7.15 Feb 7.15 Mar 7.28 Apr 7.33 May 17.40 June 7.40 July 7.53 Aug 7.55 Dec 7.65. No sales on old contracts. 15 new contracts reported.

New Orleans New OS New York NEW York Oil

Coffee Market Steady as Rio Prices Edge Up

Coffee spot in New York steadies with light demand. Rio No 7 hits 71-8 cents and Santos No 4 at 10 1 4 cents. Futures quiet with about 1,000 bags sold. March 5.97, May 5.76, July 5.57, Sept 5.47, Dec 5.38.

New York Rio No Santos Rio

Chicago Egg Prices Report

Chicago pace shows steady butter demand with 9 695 dozen eggs traded. Market steady with extra firsts at 27 1 2 cents, fresh graded firsts 25 1 2, ordinary firsts 20 23, refrigerator firsts 14 1 2, and refrigerator extras 16 cents.

Chicago Pace Chicago

Sugar futures drift in thin New York trade

Sugar futures closed barely steady in New York with approximate sales of 19 400 tons. The January contract traded near 1.09 cents per pound and March at 1.16, May 1.24, July 1.31, September 1.39, and December 1.47 as year end activity remained subdued.

New York

Christmas Program For Negro Inmates

An appreciated Christmas program was given for the negro prisoners in the Morgan county jail on Thursday. Prisoners themselves organized the event, producing songs Bible readings and short talks. Miss Ellen Groenendyke of the Woman's Christian Temperance Union spoke briefly urging inmates to let Christ into their lives. Rev. R. T. Liston gave the concluding prayer, and fruits and candy were distributed to the inmates.

Morgan County Ellen Groenendyke Woman's Christian Temperance Union R. T. Liston

Nice Supplies On The Curb At Decatur Market

Farm products lined the Decatur curb market as sellers, fresh from Christmas activities, offered excellent farm foods. December trade showed a nice volume of business with many vendors participating.

Decatur

Harold Lloyd couple to welcome child in March

Beverly Hills report notes Mr. and Mrs. Harold Lloyd expect an addition to their family in March and are making preparations for the arrival.

Beverly Hills Cal Harold Lloyd

Sox to camp early Chicago spring training start

The Chicago White Sox plan spring training in San Antonio Texas with the first squad leaving February 21 and a second group joining on March 1 according to Harry Grabiner.

SOX Chicago White Sox San Antonio Texas Youagpen Harry Grabiner

Hamburg Giant Flying Boat May Fly to Japan in 1931

Hamburg Fremdenblatt quotes Commander Friedrich Christiansen saying the giant flying boat Co-xX may fly to Japan via Hawaii in 1931 if its American flight plans meet expectations.

Hamburg Germany Flying Boat Co-Xx Japan Hawaii Hamburg Fremdenblatt Friedrich Christiansen

Prince George Dislocates Shoulder After Horse Accident

London dispatch reports Prince George youngest son of King George and Queen Mary dislocated his shoulder when thrown from a horse while hunting with the Belvoir hounds near Melton Mowbray today.

London Prince George King George Queen Mary Melton Mowbray

Scout Billy Taylor Dies After 108 Years of Service

William H. Billy the Scout Taylor age 108 veteran of the Indian wars and the Confederate army and longtime colorful member of Hollywood’s film colony died today.

Hollywood Cal William H Billy the Scout Taylor

Folk songs collected and preserved at Library of Congress

Brunswick Georgia adopts a five year beautification and modernization plan to attract tourists.

America Library of Congress Brunswick

Memorial unveiled for Orren Smith designer of Confederate flag

A memorial honoring Orren Randolph Smith, credited as designer of the Confederate flag, was unveiled at Calvary Episcopal Church in Fletcher North Carolina. The ceremony recognized Smith's historic role while commemorating his legacy with a community gathering at the church.

Orren Randolph Smith Calvary Episcopal Church Fletcher, N. C

Neel News: Riley Lake Visits Family in Birmingham

Riley Lake travels to Birmingham to spend time with his sister Mrs. J. D. Raff. Jim Lake returns to Cullman after a few days with relatives. Miss Effie Curtiss, nurse at Benevolent hospital, visits parents and friends. Melvin Lake visiting relatives in Cullman. Long of Chapel Hill visiting brother Ferrell Long in the area.

Riley Lake Birmingham J. D. Ratff Jim Lake Cullman Effie Curtiss the Benevolent Hospital Melvin Lake Long Chapel Hill Ferrell Long

Alabama seeks tax on federal hydroelectric power sales

Alabama argues before the Supreme Court that the United States must pay state tax on surplus power from Muscle Shoals and on power used at Wilson Dam. The state says federal power sales are subject to ordinary commerce tax and rejects the claim of tax-free manufacture and sale.

Washington Alabama Supreme Court United States

Holiday Social Notes From Austinville and Surrounding Areas

Residents and relatives from Austinville Decatur Birmingham and Montgomery gather for holidays. Families such as Bell Crow Bradley Odom and Roper visit kin in Decatur Austinville and Sheffield while ill relatives at home in Austinville are reported and care is noted for Ellie Woodall.

Jim Bell Arvin Bell Birmingham H. C. Bell Austinville Oakley Austin Nina Crow Montgomery Bettie Crow Theresa Moebes Lois Crow Sheffield Charlie Crow Ewald Austin S. H. Bradley Rosa West Zana Dean Bradley Flint Roy Odom Emma Woodard Maurice Sparkman E. M. Odom Decatur Luther Kirkpatrick C. H. Bell Austin J. W. Peebles Alex Terry A. G. Roper Lazell P. J. Roper Austin DeGraffenreid F. A. Johnson Flora Peebles Katie Crow Hollis Johnson Reed Crow Katie Ben Roper Ellie Woodall Dick Wynn Oak Ridge

Unclear Classified Listing Of Services And Requests

Fragmented OCR listing shows items: cleaning, freezing, storage deals, weed centers, private constructions, correspondence courses, local instruction, wanted instructions, male assistance. Mentions financial. Lot unreadable.

Memorial and Burial Notices list cemetery lots and shops

A historical column lists cemetery sales and related services including flowers mourning goods automobile agencies and personal notices. It mentions directors monument services and religious sects, with a focus on memorial items and Juneeas.

Cousins and families visit in WMy

Their cousin Lowell Law spent Sunday afternoon in WMy with Mrs J Fowler and visited J M Fowler and family.

Lowell Law Wmy J. Fowler J. M. Fowler

Local Willingham News Briefs on Christmas Visits and Moves

Mr and Mrs M A Jones and family along with Connie Verdie and Dorothy Jones made a business trip to Decatur on Thursday. Eulalah Pruett recovers from rheuma with Leola Alvis improving after illness. Fowler family members and Wallace Fowler move to T C Byram farm. Kermit Johnson home for holidays from Joppa. Marlin Fowler visiting from Jacksonville. White at Holly Pond visits home. Naomi White from Jones Chapel spends Christmas here. Carl Wood and family with Lawrence Williams relocate to Alabama City. Q D and Keith Pruett visit.

M. A. Jones Connie Jones Verdie Dorothy Jones Decatur Eulalah Pruett Leola Alvis Melvin Rande J. M. Fowler Wallace Fowler T. C. Bryam Lonie Alvis Freda Law Eulala Pruett Kermit Johnson Joppa Marlin Fowler Jacksonville Ee White Holly Pond Walt White Naomi White Jones Chapel Carl Wood Lawrence Williams Alabama City Q. D Keith Pruett

Bank of The United States Seized by State Officials

The Bank of The United States in New York, led by chairman C. Stanley Mitchell, was taken over by the state banking superintendent. The institution operated five branches.

Associated Press C. Stanley Mitchell Bank of the United States New York

106 Year Old Iowa Civil War Vet Claims Longevity

William Hughes of Fort Dodge Iowa says he is 106 years old because he has "been good" to himself and notes he is the oldest Civil War veteran.

Associated Press William Hughes Fort Dodge Iowa

Also Mentioned on This Page

Wall Street Interborough Manhattan N. Y. Stocks N. O. Cotton Signal Corps United States Army Georgetown County South ‘Carolina Prince Neel News U. S Austinville News Sion Billmeads Tennessee Valley Printing CO Als Smith Coal Professional Services A. M. Armor W. L. Samuels R. L. Parsons Lumber and Mig. Co Baker Auto Body Works B. Moulton St Ala Vecatur First Ave. Wert Blue Ribbon Shoe Shop L. R. Jacks Oak St Fur Cenfer D. C. Adams Kent A. O Bailey A. & Bailey Grow Co Pileoe Sherman ST Pive Rcoom J. 8 Wyatt Decatur Daily Liberal Commission Novelty Advertising Co Coshecton Self 23Rd St Blue Ribbon Hatchery Dept. N-14 Atlanta Forbes and Sons Piano CO Second Ave American Legion Decatur Mill and Cabinet Works Bank Athens Lumber Co 4Th Ave A. M. Smith Jervis Poundry and Machine Works Perry St Decatur, Als A. M. Roan Cedar Mill Market Street W. E. Steed & Son Jersey Rainey Move's Beauty Parlor Smith Equipment Co Collier'’S 2Nd Ave A. Beadle 6Th St. So Leeds Bird Kaempfer Philadelphia Brown's Variety Store Bank St Studebaker Hudson-Essex North Ala RA Delta Morgan County Motor Co Lee St. Decatur, Ala W. Moulton St. Decatur, Als J. M. Clare Lee Oat. Re Hilda Rhone Canal ST Wadsworth ST Wadsworth A. G. Bailey A. 2 Bailey Grow Co Southern Sheet Metal Works, Inc Sth Ave Tino J. M. Clark and Sons Phone Athens Tenner Dalance Engy Bee Moebes Davidson Insurance and Realty Agency Thomas Realty and Fo Bate D. W. Irwin M. D. Wiggins Bama Agnes B Irwin Votce of Antion Guy Morgan B. Sutton Trial Bank, Inc St Citizens Industrial Bank, Inc Citizens Industrial Bank R. B. Chandler Carlisle Blackwell EB. D. Whitman Dorothy P. Whitman T. H. Mattocks County Court House Catur State of Jarvis Ana T. Bears Jana Maxon Decatur ’ Bottling CO Siers Decatur Coca-Cola Company Decatur Coca-Cola R. 4 Nash Vorestors Felephone Bleyeies Ll Gelf Dally Wan Whyne Teao Busieres Te Exchange Catsider Peis Sivewe Bonds Hankship t—Juneea Autotracks tharedes-Aatos Willingham News
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