Wall Street Mixed After Roosevelt Message Steers Investors
Markets showed sparse activity with gains in steel aviation and motor stocks as traders anticipated a potential big navy program. Wheat futures rallied on Liverpool and Winnipeg demand while U S bond prices firmed and government issues eased. Top movers included U S Steel Bethlehem Douglas Aircraft Boeing and General Motors with about 1 million shares changing hands. Grain prices surged on strong Liverpool quotes and Roosevelt's speech boosting confidence. Chicago wheat May 93 1 2. July 87 1 2.
MENTIONED IN THIS ARTICLE
Wall Street
Victor Eubans
York
Istesia
Congress
Liverpool
Winnipeg
U. S
U. S. Steel
Bethlehem
Douglas Aircraft
Boeing
Wight Aeronautical
Curtis - Wright
A” Chrysler
General Motors
Hudson Motors
Sears Roebuck
Westinehouse
Anaconda
A. S. Smelting
US Rubber
American Tobacco
Philip Morris
Dome Mince
McIntyre
Standard Oil
N. J
Chigago
Roosevelt
Atlantic
Chicago
Markets at a Glance New York Stocks and Commodities
Markets at a Glance reports mixed rail strength with steels leading gains while secondary rails soften. Oil and specialties remain in demand as exchanges show steady declines in sterling and francs. Wheat and es steady, spot market improves, corn rises 10 to 15 cents on export demand. Liverpool market cited.
MENTIONED IN THIS ARTICLE
New York
Liverpool
hog market notes show varied weights and discounts
Unfinished hogs discounted while cattle hold steady. Prices listed for hogs range from 6.05 to 7.40 per cwt across weight classes 130 to over 360 pounds. Cattle categories include No 1 through No 5 grades with prices in the 2 1 2c to 7c per pound range for grass beef types and butcher cattle.
Nashville Livestock Market Report
Nashville Tenn January 4 cattle 200 calves 100 steady Monday slow market plain steers and heifers 5.00 5.50 meaty 6.00 6.50 good fed steers yearlings to 7.28 top bulls 6.00 top 10.50 cows 2.75 4.00 sheep 300 steady to 15 higher weights 160 200 lbs 7.90 8.00 200 250 lbs 7.50 7.60 160 lbs 7.60 7.70 pigs 7.15 sows 6.50 prices scattered for lambs and fat sheep as well as related figures for various weights and futures.
MENTIONED IN THIS ARTICLE
Nashville Livestock
Nashville
Tenn
Market Snapshots from New Orleans and Chicago
Spot cotton in New Orleans on January 4 shows low middling at 7.10 and good middling at 9.15 with stock figures near 981 307. Chicago poultry prices on January 4 indicate steady markets with hens around 4 1 2 to 5, various weights and items trading close to prior levels.
MENTIONED IN THIS ARTICLE
New Orleans
Barriers continue as cities receive federal aid packages
Mahan of Russellville reports a $69,000 loan and $56,454 grant under the PWA with city plans delayed by Supreme Court issues. Decatur awaits a $269,000 loan with bids likely within two weeks after engineering completion. Hartselle aims to build its own system with a $33,000 loan and $27,000 grant. Gunterville also advances a municipal system with $48,000 loan and $39,272 grant.
MENTIONED IN THIS ARTICLE
J. P. Hodges
Hartselle
Gunteraville
EB. H. Couch
Government to dissolve injunctions on public power projects
Attorney General Cummings announced the government will seek immediate dissolution of about 50 temporary injunctions blocking municipally owned power plants in 23 states. The Supreme Court upheld government grants and loans in Alabama and Duke Power cases, prompting steps to end litigation that halted projects nationwide.
MENTIONED IN THIS ARTICLE
Washiington
Cummings
Supreme Court
Alabama
Duke Power
High Tribunal
Attorney General
Peneng
Federal District Court
District of Columbia
Coeur D'Alene
Idaho
Centralia
Ill
Hopkinton
Iowa
Middlesboro
Menominee
Mich
Starkville
Miss
Aberdeen
High Point
Columbus
Flandréau
Liberty
Tex
Leonard
Public Works Administration
Uniform tax program ratified by Morgan County group
The Morgan County Petroleum Industries Committee approved a seven point plan urging fair taxation for the petroleum industry and motorists. It calls for highway fuel tax allocation, state uniform gasoline taxation, amended truck rules, fair license fees, tax evasion clampdown, and repeal of certain federal taxes. Elected officers for the coming year include F D Peebles as chairman and J R Williams as secretary, both of Decatur, with other leaders from Decatur Hartselle and surrounding areas.
MENTIONED IN THIS ARTICLE
Morgan County Petroleum Industries Committee
Decatur
Alabama Petroleum Industries Committee
Morgan County
American Association of State Highway Officials
Alabama
F. D. Peebles
J. R. Williams
R. E B. Catlett
W. A. Stewart
Hartselle
A. D. Sample
J.l.harris
D. Sample
E. A. Carter
H. R
Sherard
J. K. Harris
Max Sabotka
A. Simmons
Roosevelt seeks business cooperation to curb economic evils
White House officials report a spontaneous favorable reaction to the presidents message to Congress calling business to aid in correcting economic evils. Telegrams and calls poured in after his return to the White House with only one unfavorable note. Officials suggest further messages on the budget anti trust laws and navy shipbuilding estimates, and note the Jackson Day dinner may signal response.
MENTIONED IN THIS ARTICLE
Washington
White House
Roosevelt
Congress
Stephen T. Early
Navy Shipbuilding
Marvin Drain Called Home in Hartselle
Marvin Drain of Hartselle Route 4 died last night at 11 50 at his brother O D Drain s home 910 Tower avenue east He was 32 and survived by his wife one son Orville one daughter Vernia his parents Mr and Mrs E H Drain of Somerville and one brother O D Drain of Decatur Funeral services will be held Wednesday afternoon at Mt Tabor with interment following Drinkard and Howell directing
MENTIONED IN THIS ARTICLE
Marvin Drain
Hartselle
Route 4
O. D. Drain
Tower Avenue
Mr. Drain
Orville
Vernia
E. H. Drain
Somerville
Decatur
C. L. Dobbs
Rev. & E. Toon
Mt. Tabor
Drinkard and Howell
Decatur Diary Highlights Weekend Visitors and Church Activities
Decatur notes weekend guests including Mr. and Mrs. H. Daily and Mrs. A A Roberts. visits from Mr. and Mrs. William Cherry of Nashville and others. Local ministers plan to attend a missionary conference in Savannah. Ninth Street Methodist Church hosts a ministers retreat. Community notices cover baptisms, illnesses, operations, and upcoming church meetings with several local individuals mentioned by name.
MENTIONED IN THIS ARTICLE
William Cherry
Nashville, Tenn
Austin Cherry
Savannah
Alabama primary faced voting limits and ballot access issues
An election officer took a ballot to a hospital room but was denied access to move Heflin to vote. Alabama law restricts voting to those at polls or by absentee ballot as observers note such courtsey. Absentee ballots counted earlier, weather favorable, turnout expected light with forecasts near 150 000 to 200 000 of 400 000 eligible.
MENTIONED IN THIS ARTICLE
Roy Parker
Heflin
Alabama
Justice of the Peace
Bibb Graves
Dixie Graves
Black Ways
Supreme Court
Eight Ford workers held for trial in Detroit assault case
Eight Ford Motor Co. employees were ordered held for trial after arraignment in Justice Court on assault charges tied to a May 26 fight at the Ford Rouge plant injuring United Automobile Workers members. Ever ett Moore led the group and all entered pleas of innocence with bonds set at 100 dollars each.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Justice
Ford
Michigan Supreme Court
Epochal Flight Nearing An End In Pacific Route
Honolulu reports the Samoan Clipper, Pan American Airways 19 ton flying boat, arrived from Kingman Reef as the third and final hop of a 4452 mile journey from Auckland. The Philippine Clipper is due from Manila tomorrow and set to reach Alameda California Friday morning.
MENTIONED IN THIS ARTICLE
Honolulu
Antipodes
United States
Pan American Airways
Kingman Reef
Auckland
N. Z
Manila
Alameda
Calif
Bowl results frame tight senate race note for voters
Auburn defeated Michigan State six to zero in the Orange Bowl in Miami while Alabama fell to California thirteen to zero in the Rose Bowl at Pasadena. The article suggests results may be known before midnight as the ballot lists three names and votes can be counted quickly.
MENTIONED IN THIS ARTICLE
Senate
Auburn
Michigan State
Miami
Alabama
California
Pasadena
Julian McNeese to Be Honored on National Radio
Local resident Julian McNeese will receive national honors Thursday night on the Kate Smith program. His rescue of companions from Wheeler Lake during a duck hunt is reenacted for a nationwide audience, with listeners choosing the top act for a $1000 prize. McNeese and friends fell into cold water after their boat sank, and he reached shore then secured help for the others.
MENTIONED IN THIS ARTICLE
Julian McNeese
Kate Smith
Bis
Wheeler Lake
McNeese
Repair Walks In City Sidewalks In Several Sections
The city street department is repairing sidewalks in multiple sections of the city. Crews work to fix cracks uneven surfaces and improve pedestrian safety across affected blocks. Local residents are urged to avoid work zones and follow signed detours.
MENTIONED IN THIS ARTICLE
City
Van Devanter Returns to Bench in New Role
Judge Willis Van Devanter appears on the door of chambers signaling his return to active duty on the federal bench after retirement during the court reorganization dispute. He will hear a narcotics case next, then the Wall Street broker Philbin and 15 others in a $1,000,000 fraud case connected to Atlas Tack stock.
MENTIONED IN THIS ARTICLE
New York
Willis van Devanter
Chambers
United States
Supreme Court
van Devanter
Philip H. Philbin, Jr
Wall Street
Atlas Tack
Advertising Advice for Smart Shoppers in the Daily All
The passage urges readers to read all ads in the Daily All to compare color weight texture material style and price. It emphasizes facts about merchandise and notes price details including marked down amounts to aid wise spending.
MENTIONED IN THIS ARTICLE
DAILY
Also Mentioned on This Page
Decatur Livestock Hogs
Geicago
Young ‘Reyes
John Lang
Panay
News ‘Ox
Dax
Decatur’s
H. Daily
A. A. Roberts
Roberts
Mrs. Austin Richardson
Selma
John Manning
Atmore, Ala
John Bryant
Ninth Street Methodist Church
Business Women's Circle
the Missionary Society of Central Baptist Church
Margaret Cox
Oliver
Cox
Monnday
Orlando
Fila
Cathedral School For
Mrs. Cox
Florida
Tom King
Camp McClellan
United States Army
Brooklyn
Mrs. F. M.~ McMurry of
Little Rock, Ark
Glen Cox
Bobbie Nelson
Lewisburg
J. E. Pieck
Howard Weaver
Howard College
Elbert Weaver
I. Q. Thompson
Hillsboro
Rt. 1
W. L. Pate
Linda Gayle
John Muzzey
George W. Henderson
Gracie Henderson
Winton
Bob Burleson
Horace M. Layman
Mrs
Maynard Layman
Eighth Avenue
Hast
Estelle Smith
Ardmore
Baugh’s Infirmary
D. N. Nappier
Wathermose Springs
Baugh's Infirmary
St. Paul's Lutheran
BE. T. Town
Sherman Street
Walther League
St. Paul's Lutheran Church
Cecil Julian
Fifth Street
South
Cecil Julian, Jr
L. D. Patterson
First Methodist Church
Rev. Gillett
Kentucky
Sunbeam Band
First Baptist Church
J. L. Ray
Robert Hobbs
Frank Chenault
Westminster Presbyterian Sunday School
Shoal Creek
Morgan County Baptist Association
A. ©. Teague
C. L. Buck
Sixteenth Avenue ‘Baptist Church
T. Wodward
Cullman
Mr. Woodward
Morgan
C. L, Cobbs
I. W. Myers
Falkville
Joseph Fradella
Newark City
Fradella
Montgomery
Ala
Alabama Alcoholic Beverage Control Board
David E. Dunn
Des Moines
Dunn
National Conference of State Liquor Administrators
E. Roy Albright
Mobile
Matt Murphy
Birmingham
J. H. McCormick
Julian M'Neese
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