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Decatur Daily in Decatur, Alabama

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Jun 12, 1960

Page

8

George Wallace Claims The South Deterrent To Reds

Clayton Alabama attorney said there are deterrents in the South at the convention. The note hints at Wallace presenting the South as a bulwark against communist influence.

George Wallace Clayton, Ala

Soybeans Hit Year’s Lows On Weather Driven Planting Pressure

Chicago AP reports soybean futures fell to year’s lows three times as planting speed rose on clear weather. Week ended with July soybeans down about 2% cents and wheat mixed, corn and oats showing variations. Trade volume slowed early week before picking up with weather aiding germination prospects.

Chicago

Markets Report from Decatur with Mixed Livestock Prices

Markets show four to five percent changes with cattle and calves trading in the 20s to 26 across weights. No sheep arrivals this week though spring lamb demand remains strong and slaughter sheep bring around 2.00.

Valley Stockyard Sale Totals $69 711 In One Day

A Thursday sale at Valley Stockyard brought in 677 head for a total of $69 711.42. Top veal calf 240 pounds sold for 28 cents per pound to Neuhoff Packing Co from Darrell Pierce of Town Creek. Top stock calf 130 pounds brought 29.50 to Gray by Bob Byars Jr of Moulton. Top fed steers weighed 1 155 pounds and 980 pounds selling for 25 cents and 24.80 cents per pound respectively to Neuhoff and Midsouth Packing Co. Top slaughter bull 910 pounds went for 19.10 to Jack Christopher of Athens. Several bulls brought around 19 cents. hogs at Decatur market posted 16.25. Also noting California’s timber reserves for 35 million houses.

Valley Stockyard Darrell Pierce Town Creek Neuhoff Packing Co David Ruf Athens Muriel Albright Joppa Walter Looney Danville A. H. Yeager Hartselle Bob Byars,Jr Moulton Gray Limestone Farmer John Raymond Holland I. V. Dobbs Robert Byars Neuhoff Midsouth Packing Co C. M. Newby Jack Christopher A. D. Sample Walter Cagle Mount Hope Bell Black Decatur

Population trend in 1791 Knoxville and regional shifts

Knoxville Tennessee named for Gen Henry Knox in 1791 was strongest in the Northeast and weakest in the South. Wallace predicts the population trend will reverse in the next ten years with the South gaining.

Knoxville, Tenn Gen Henry Knox U.S Wallace

Hogs Broilers Rise While Cattle Market Mixed In South

Southern farmers saw hog prices climb 25 to 50 cents a hundredweight amid firmer demand for pork and steady to higher cattle prices with regional declines at Louisville Memphis and Nashville. Broiler prices rose, while Georgia Florida Alabama peanut belt values held around 16 50 to 16 75 per hundredweight for hogs and 17 to 19 cents per pound for broilers. Tobacco prices in southern Maryland were mostly unchanged to lower with 1959 crop sales totaling $17 052 090 at $61.62 per hundred.

Atlanta Agricultural Marketing Service Deep South Louisville Memphis Nashville Montgomery Georgia-Florida-Alabama Carolinas Chicago Georgia Alabama North Carolina Mississippi Virginia Arkansas Del-Mar-Va Florida South Carolina U.S Birmingham Maryland

Stock Market Posts Largest Weekly Gain in 30 Years

The AP reports a sharp market advance driven by anticipated business upturns and defense spending boosts. The AP 60 average rose 8.20 to 224.50, the Dow gained 25.90 to 654.88, and banks cut the discount rate to 3.5 percent, signaling easier credit.

New York New York Stock Exchange Associated Press Dow Jones Dow Federal Reserve District

Cotton Trades Slow For Week At New York Cotton Exchange

Slow trading this week on the New York Cotton Exchange ended with prices 15 cents a bale lower to 70 cents a bale higher. The widest high low spread per contract was 65 cents, up from 40 cents the prior week. Demand came from short covering mill purchases and commission houses. offerings were carried forward months. Favorable crop news from the Cotton Belt allegedly spurred some liquidation. Domestic carryover of free cotton is expected near 2,700,000 bales, lower than earlier expectations but 50 percent above last season’s 1,800,000 bale free carryover, a factor impacting the lower legal minimum selling price for carried over cotton.

New York Cotton Exchange

Stock Market Soars on Summer Rally Hopes and Rate Cuts

Rate reductions at nine reserve banks including New York spurred a strong market rally. American Motors led activity, unchanged at 24 percent on 219,900 shares. Week volume on the NYSE hit 17.51 million, the highest since May, with 1,418 issues trading and 947 advances. Government bonds faltered early then closed strong. corporates dipped later. Par value turnover totaled 28.91 million versus 24.39 million prior week.

New York Stock Exchange American Motors U.S

Courtland Man Hurt in One Car Mishap

A 21 year old Courtland man named Billy Ray Terry was injured when his 1956 Ford left a gravel road on Blue Ridge Hollow Road 15 miles northwest of Courtland at 5 a.m. He suffered a sprained right arm. two passengers were unhurt. Terry was taken to Dr. J A Ussery’s office in Courtland for treatment. Vehicle damage was about 250 dollars.

Moulton Courtland 1 Here Blue Ridge Hollow Abner C. Cook Billy Ray Terry Cook Terry J. A. Ussery Courtland

Also Mentioned on This Page

North Ala Council For Beticr Vision RCA Pool Corporation By Radio Corporation of America Allied Sales CO California ED Morse AP Business News Allied van Lines Huntsville Een Holiday Inn Restaurant Highway St. Ross Manhattan Marlboro Wembley Swank and Pioneer Regal Syeaig
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