New York Cotton Ends Week With Broad Gains
New York cotton futures closed higher across all deliveries as traders covered shorts and bought on demand amid expectations for stable farm price policy. The week saw hedge selling and CCC selling influence, with possible higher loan rates for 1958 and parity-based price projections. Verdi's Otello premiered in Milan in 1887.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Exchange
Commodity Credit Corp
Sen. Ellender
Dla
U.S
New York Cotton Exchange Service Bureau
Germany Admitted to League of Nations in 1926
In 1926 Germany joined the League of Nations marking its return to the international diplomatic arena after postwar isolation. The admission followed negotiations and reflected evolving European political alignments of the interwar period.
MENTIONED IN THIS ARTICLE
Germany
League of Nations
Hog Prices Start New Year Lower Across South
Southern hog markets failed to recover after New Year with price drops of 50 cents to 1.75 a hundred pounds, greatest at Georgia Florida and Alabama plants. Cattle markets held steady to higher. broilers rose across Georgia and nearby areas. Meat prices varied with regional shifts in hogs, cattle, broilers, and produce priced in major markets.
MENTIONED IN THIS ARTICLE
Atlanta
Agricultural Marketing Service
Georgia
Florida
Alabama
Memphis
Carou
Nashville
North Georgia
Del-Mar-Va
Chicago
Louisville
Montgomery
Carolinas
Southeastern Terminal
Birmingham
Wade
Quiet Holiday Trading Leaves Cotton Markets Steady
Spot cotton in 14 markets averaged 34.88 cents a pound in late 1957 with minimal move from two weeks prior. Purchases in the holiday two weeks totaled 773,100 bales, aided by CCC sales, while buyer inquiries fell and foreign demand slackened. Denmark bans outdoor billboards, allowing signs only on business premises.
MENTIONED IN THIS ARTICLE
Atlanta
Agricultural Marketing Service
Commodity Credit Corporation
Wall Street Opens 1958 With Big Weekly Stock Rally
Stock averages surge as the AP 60 climbs to 159.00 and the market gains about 5.4 billion in value. Traders note reinvestment demand after year end tax loss selling, with buys on Friday signaling renewed confidence amid expected defense spending and easier credit for housing.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Associated Press
Mideast
Stock Exchange
Washington
Establishment of the Purple Heart by George Washington
The Purple Heart was established by General George Washington in 1782. It recognizes service members wounded in action and marks a historic military decoration.
MENTIONED IN THIS ARTICLE
George Washington
Extension Classes Announced At Ryan Mission Church
Ryan Cross Roads news notes that Howard College will start a new semester at Ryan Mission Baptist Church on January 9. Three courses Baptist History Harmony of the Gospels and a Sunday School Series will be offered with instructors from Howard College. College credit or certificate credit will be granted upon completion.
MENTIONED IN THIS ARTICLE
Ryan’s Cross Roads
Howard College
Ryan Mission Baptist Church
M T. A
The
First Baptist Church
Arab, Ala
Howard
Georgia Peach New Cotton Maid
Jean Carter of Georgia was selected as the 1958 maid of cotton to lead a 35,000 mile tour across the United States Europe and the Caribbean. The Atlanta beauty will model cotton finery by New York designers and travels with her mother Mrs Belfield Carter while her father stayed behind.
MENTIONED IN THIS ARTICLE
Memphis
Jean Carter
Georgia
Here
Atlanta
Europe
Caribbean
Jean
New York
Belfield Carter
Carter
VA adds dependents' allowances for veterans with 50 percent plus disability
Elbert Chandler of the VA in Decatur explained that only veterans with service connected disabilities of 50 percent or more qualify for dependent allowances. Dependents include wives, minor children and dependent parents. Payments require disability ratings above 50 percent and differ by wartime or peacetime status. Full details are at VA offices.
MENTIONED IN THIS ARTICLE
Veterans Administration
Elbert Chandler
Decatur
Sioys
Chandler
Malaya Joins United Nations as 82nd Member
Malaya became the 82nd member of the United Nations on September 17, 1957. Twenty six countries signed the original UN declaration in 1942.
MENTIONED IN THIS ARTICLE
Malaya
United Nations
E S
U.N
Plantations Planned in Southwest Africa for Paper Substitute
Large bulrush plantations are planned in Southwest Africa to replace wood pulp in paper production. The project aims to create fiber sources locally, reduce import dependence, and support regional industry growth with new agricultural and processing ventures.
MENTIONED IN THIS ARTICLE
Africa
Also Mentioned on This Page
Otello
Milan
Umad
Steers
Denmark
Wall St
Somerville Road
Maxwell House
Country Club
Fleetwood
Ryan
Georgia Peach New Cotton Maid
Chattanooga
Tenn
Vanderbilt University
Margaret Mitchell
Vanderbilt
Georgia Tech
Moulton St
Arly
Baumritter
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