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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 03, 1961
Page
3
Economy Auto Store showcases home lawn and garden gear sporting equipment auto supplies and DIY tools with up to 40 percent savings. The Philco appliances dealer offers 90 day free service on parts and labor and is located at 206 FE Moulton St operated by Harold Lentz with convenient payments.
Kay's Grocery at 31 S. Kay's Highway 31 South offers neighborhood shopping with groceries meats produce and free parking. The store provides gas oil electrical school and picnic supplies freezer items and health beauty aids and is open 7 a.m. to 8 p.m. except Wednesday noon to 8 p.m. and is closed on Sundays.
Wall Street analysts criticize government investigations into exchange practices and speculation as a misdirected approach. They argue reform should target causes, not restrict mechanics, noting planned inflation and low rates drive investor behavior. An outlook cites housing policy aiding builders under 1961 act.
New York stocks edged higher on Friday amid caution from Kennedy Khrushchev talks. The Dow rose 2.33 to 697.70 as 1,289 issues traded with more decliners than gainers. Volume eased to 3.67 million shares. AMEX prices mostly higher on 1.69 million shares.
The hog market rose 50 to 75 cents per hundredweight as Friday’s light supply of 3 000 head met strong demand. Traders attributed the day’s gains to Thursday’s meat truckers strike reducing available hogs. Week totals showed 30 000 head trading over four days, down 11 000 from last week.
The United States trails only the United Kingdom as the largest importer of agricultural products, with about one-sixth of all world agricultural imports entering the U.S. market.
Value Line notes the home building industry shows weak first quarter results and a poor near term, with expectations that improving activity in the second half could push full-year 1961 earnings slightly above 1960 for most companies in the sector.
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