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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Dec 31, 1934
Page
2
The Treasury plans a drastic tax program while labor groups push for elections and an arbiter board. The Steel Board is sought as a neutral in disputes as waring unions meet in a tense conference.
Senator Cecil G. Brown of Hartsboro suffers three broken ribs when thrown from his horse while hunting. His wife and two children were ill with influenza during the holidays, forcing Brown to decline a previously accepted all expenses paid trip to Pasadena to attend the Rose Bowl game between Alabama and Stanford.
In late 1931 New York cotton futures opened steady to higher before easing. March to 12.68 and May 12.77 while October held 12.67, with end of session steady gains of 2 to 5 points. Spot cotton listed steady at 12.85 middling.
Exchange reports the Cotton Market in Liverpool closed today after trading activity. AP dispatch notes the session ended without further details on prices or transactions.
Chicago December 31 hogs 22 000 active uneven 25 to 50 cents higher weights above 220 lbs 7 35 50 top 750 160 220 lbs 7 00 40 light lights 6 50 700 slaughter pigs 5 00 6 50 packing sows 6 50 80 medium weight 200 250 lbs 7 25 50 heavy 250 350 lbs 7 40 50 cattle 18 000 commercial calves 1000 government 2500 commercial 500 government strictly good and choice fed steers yearlings fully steady market draggly on lower grades bidding weak to 2 1/2 rents lower. heifer yearlings mostly steady. best fed steers early 10 85 yearlings 10 50 few above 7 00. cows 4 00 5 50. stocker and feeder cattle 3 75 4 75 sheep 13 000 fat lambs slow 25 50 lower early sheep steady feeding lambs firm higher quality lambs 8 60 upward around 62 lbs good and choice 7 85 8 60 slaughter sheep lambs 90 lbs down good and choice 2 75 4 00
David W. Draper 55 of Talucah was found dead in his bed after suffering a heart attack. Funeral services were held at his residence conducted by Rev. J. H. Chitwood with interment at Grantland cemetery near Taltiah. Survived by two sisters Mrs P W Williams and Mrs F J Murphy and one brother W H Draper. Drinkard How ell of Hartselle directed the funeral. The community mourns the prominent local businessman.
The text lists dressed turkeys with weights and counts including young toms at 6 to 7 pounds and hens at 2 1/2 to 22 pounds, plus No 2 at 19 pounds.
Wheat closed irregular with gains after dust storm reports across Kansas and Oklahoma. May contracts rose to 99 1/2, corn up 1 4 to 1 3/8, oats up 1 4 to 2 1/4, and May oats 89 3/4. Provisions gained 15 to 35 cents as traders priced in late stimulants.
London trading closed with a firm, upbeat mood as stocks rose on optimism from American markets. Transatlantic issues and oil shares gained in sympathy with Wall Street while gilt edged securities and industrials strengthened on investment buying ahead of tomorrow’s holiday. Gold mining shares stayed active. Berlin Boerse also closed with an optimistic 1985 outlook.
Wheat No 2 hard 1.06 percent. Corn new No 2 yellow 93 14 95. No 2 white 1.02 percent. Oats No 3 white 55 56. Barley 75 1.22. Soybeans No 2 yellow 1.17. Seed clover seed 16.50 17.66 per cwt.
Chicago market report lists live poultry prices for Dec 31 with changes in weights and classes. Leghorn hens, roosters, turkeys, ducks, geese and various weight ranges are noted with specific price quotes and shifts.
Call money and bankers acceptances hold firm as Rediscount rate at New York Reserve Bank sits at 1 1-2 percent. Quotes show 30 days 3-16-1-8 and 60-90 days 3-16-1-8 with four months 5-16-1-4 and five to six months 1-2-3-8.
Verne L. Osborn of Centralia Washington is named world champion liar in a national contest held by the Burlington Wisconsin Liars Club after more than five thousand submissions. Otis C. Hulett announced the win and described the winning tale as a chase involving a thousand foot precipice and a well trained mule.
The president comments on the bonus issue noting the face amount on adjusted service certificates and the 25 percent for deferred pay at 4 percent. He argues the question may be disposed of by face value and cautions about the vast sums needed to meet proposed demands.
Mrs J F Turney 65 died at her home on Somerville Route 1 Sunday. Survived by husband two daughters several sons and many relatives. Ten funeral services were to be held this afternoon at Center Springs at 2 o clock with Rev G W Archer and Rev Brooks Peck directing. Turney a well known resident of the Somerville community, death caused wide spread sorrow.
Budapest awakens to a bank shooting that left the cashier wounded and one of the robbers slain. Witnesses say three men entered as doors opened. a fourth figure, reported as 80, was among the intruders. A 4 messenger delivering money to the bank was killed in the affray.
Federal funds will keep Alabama schools open during the present emergency. The money will not support education but provide employment for needy teachers. Thad Holt, director of the Alabama State Administration, announced this at a relief and education conference with eight counties and city school officials participating.
Miss Mattie Banks, a well known Decatur resident, is hospitalized at Benevolent Society Hospital with a broken leg after a fall at her home on the corner of Oak and Walnut streets Saturday night.
DecaTur’s DIAR Ray Smith of the American Telephone Company attended funeral services for Mrs. Marie Saunders in Birmingham. Polly Mawell drove to Birmingham. Jack Gamble, a Chillicothe Business College student, visits his parents in Lacey's Spring. Joe Morgan treated for pneumonia. John Reed transported to Veterans Hospital, Tuscaloosa. Rev. Peter M. Dennis to celebrate Holy Communion and deliver a sermon at St. Timothy’s Athens. Seeks responses for anti tuberculosis campaign. New Year greetings planned to Pasadena for a football game. Rain expected to hinder events as weather worsens.
A report notes suspects with German names on the jury list. The narrative claims a sleeping garment was torn from a baby and a thumbguard used to suggest kidnapping. The State believes the kidnapper, holding a dying infant, kept the sleeping suit to prove his identity and trigger ransom.
JASFIE a.k.a. Bayatas mann said he expected Dr. John F. Condon to prove the defense finds the Lindbergh kidnapping case “extremely interesting.” Reilly said the defense will not call Condon but will cross examine him when he testifies for the state. Condon remains in seclusion at his Bronx home after returning from Florida for Christmas. Reilly’s Brooklyn office had a crowded schedule with a dozen or more waiting visitors including an investigator claiming two months in St Louis uncovering angles.
Alcacer dispatches say 17 workmen were drowned when a small boat capsized in a river whirlpool. Only one man reached shore.
The report shows total invested capital of 1.08 billion with a 2.3 percent loss. An executive order from September addressed earnings by broad groups in textile industries while labor statistics on wages hours and conditions remain incomplete. Of 765 textile concerns studied, 409 operated mills 129 woolen mills 901 silk or rayon mills 19 thread mills and 7 cordage mills.
Authorities said Miss Elsa Littell of New York would likely spend several more days in jail before a German court determines her fate. The report notes the ongoing legal matter involving the American girl in custody and the international handling of the case.
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