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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 30, 1938
Page
2
Officials expect two policy decisions within six weeks on loan rates for corn and cotton under the ever normal granary plan. They weigh setting wheat loans between about 59 and 86 cents a bushel and cotton loans near 9 cents a pound to balance surpluses, price support, and foreign demand.
Market action opened with brisk buying and a rush of 1 000 to 15 000 share blocks amid the flash quotations system. Early gains faded into a profit taking dip as rails and utilities held, with 2 500 000 total shares traded and a final mix of gains and losses among major stocks and bonds.
Miss Lucy Bell announces closing exercises for the daily vacation Bible school at Central Methodist church Friday night at 7 30. Exhibits of work from four departments will be shown and certificates awarded. The two week program has seen rising enrollment and strong department interest with the faculty led by Miss Bell.
The article recalls Walt Cagle renowned for weather forecasting and extraordinary size. It notes his early feats, a wrestling invitation he declined, a long appetite, and a 1936 Walt Cagle Day celebration. Services are planned at Thrashers Chapel Baptist Church with burial in the church cemetery.
The eve of the convention opened with claims that Legion aimed to dominate NEA activities and was manipulated by special interests. Doherty cited Legion records naming Gellermann as a member of the Kent Post of the Legion and questioned his affiliation if the organization is as bad as described. Reuben T. Shaw of Bainbridge and a science department at Philadel Gaou were elected as its nt.
York reports early gains in secondary rails with uneven cues and steady specialty trade. Sugar rises on support, coffee steady from Brazilian purchases, while wheat weak in Chicago amid security influences and bond market firmness.
In New Orleans trading on June 30 cotton futures finished steady to down 2 3 points with July around 8.78 and December near 8.95. In New York similar session losses of 3 to 5 points left July at about 8.70 and December near 8.75 with spot middling at 8.80.
Spot cotton in New Orleans on June 30 shows 1984 futures at 2 points higher with settles at 130 for the low middling, 8.83 for middling, and 9.38 for good middling. Receipts reach 1,361 and stock stands at 677,210.
New Orleans market reports show closed bleachable prime summer cottonseed oil at 8.00 with no min, prime crude bids ranging 6.75 to 7.00 for July. Futures quotes list July at 7.698, September 7.70, October 7.10, December 7.270, and January 7.71 with B bids present.
New Orleans trading shows 50 to 65 cent gains in cotton on speculative buying but profit taking trimmed most gains as mid session July contracts held around 681, Oct 881, Dec 8.89, March 8.96, and May 9.00. New York bond totals: today 10,210,725. week and year comparisons listed.
Chicago wheat futures finished in the red after a session that showed a brief price uptick in early trading. By close, July and September contracts fell about 1 1 4 to 1 5 8 cents from yesterday, with nearby prices drifting and corn holding steady to weaker.
The First Baptist Church of Decatur will observe the Lord's Supper next Sunday morning. The pastor Rev R F Ray will preside, read the Crucifixion story, and lead the rite with music, a church covenant reading, an offering for the poor, and a hymn as members share fellowship.
Don W. Walker circulates a referendum petition in Birmingham to force a vote on municipal ownership of an electric distribution system. He says over 2,000 signatures collected. 5,000 are required for a mandatory election to decide if the city would buy power from the Tennessee Valley Authority and operate its own system.
The Alabama Alcoholic Beverage Control Board released a new price list effective next day. Most quart prices rose about 10 cents per bottle and pint prices up around 5 cents, with numerous reductions in bottled in bond whiskies. Several brands saw steep cuts, including one from 4.80 to 3.00 per quart, while many prices stayed unchanged.
The Vacation Church School of the Church of God continues this week with a 7:30 pm music program by the boys and girls. After the program, stereoptical views on the Life of Christ will be shown. Rev. R. B. Conner notes the event aims to teach and inspire. The public is invited to attend.
At a noon gathering of the Decatur Kiwanis club at the Tennessee Valley Hotel E W McLeod presided. Miss Kinter assistant supervisor of the State Crippled Children's Service spoke about the service's efforts and thanked the club for years of support.
William M C Martin, 31, chairman of the New York Stock Exchange, was chosen as its first salaried president today. The move ends a long era of unpaid leadership and signals a formalization of Wall Street governance.
Many ancient Egyptian tombs were built using wood for coffins and interior fittings. This craft reflected available timber and symbolic values in burial practices across the Nile civilization.
The Alabama Supreme Court ruled the 1925 law limiting probate judges to six thousand dollars yearly unconstitutional. The decision follows Circuit Judge Halstead's ruling in a suit led by Saxon Poyner of Houston County, with the Sparks amendment cited as expiration and salary changes discussed for several counties.
Mr and Mrs G L Ware hosted a family reunion at their home near Mt Hope on Sunday. Those attending included Theron Henley, H A Golden and families, Mrs Herbert Bennett, Mrs EB Martin, Charlie Butturm and family, Paul Smith and grandson from Haleyville, O J Ware and children of Rogersville, BE Ware and son from Rogersville, J G Ware of Decatur, H B Crumley and children from Falkville, and G H McLain and children from Falkville.
G Y Hardin of 1320 18th Avenue East collapsed at work at the Danville road brick quarry four miles south of here. A WPA employee he suffered a suspected cerebral hemorrhage and was described as in critical condition at Benevolent Society Hospital this afternoon after being taken there by Brown ambulance.
About 2000 Civil War veterans camp on the Gettysburg field to mark the 78th anniversary of the battle. They recall battles at Oak Hill and Seminary Ridge, swap stories, and renew old friendships amid parades concerts and battlefield tours through July 4.
M. L. Robertson, speaker pro tem of the Alabama House, said he would not seek the speaker post for the next legislature despite Democratic nomination. He endorsed Hugh Merrill of Anniston for lieutenant governor and noted Governor-nominate Frank M. Dixon supported Merrill. Robertson, a Cullman banker, served as speaker during the last special session in 1936 37 after Speaker Harry Walker was unable to attend due to illness.
Mrs Myrtle Russell 37 died at 2 10 this morning at her home 809 Third Street NW. She was the wife of Leon Russell. Funeral arrangements will be announced Friday by Brown Funeral Company.
A dense OCR style listing of crossword clues with numbered entries and partial answers, including references to places, alphabets, and abbreviations. The page shows clue lines such as 1-Southwest, 27-Leg, 28-Girl's name, 35- etc, and ends with publisher credit CRAYRIGHT 1938. IG FEATURES SYNDICATE. Inc.
Three people faced drunkenness charges in city court and another was arraigned for driving while intoxicated. Various residents were sightseeing visitors, church events, and family news dominated. Community announcements include office closures for Fourth of July and social happenings at the Elks.
About 150 ginners, teachers and county agents from Morgan, Lawrence, Winston and Cullman counties heard J. C. Lowery explain how foreign competition reduced U S cotton share from 65 percent in 1932 to 34 percent today.
Funeral services for Mrs. Clara Harlow aged 60 widow of Allen Harlow were held at home with Dr. A S Pitts pastor of First Methodist officiating. Burial followed in Elkton Tennessee as the funeral procession led by State Patrolmen Julius Hale and Clay Williams. Survived by two sons Allen and John Harlow of Athens and three daughters Mrs C D White Mrs Rebecca Lee of Athens and Mrs J D Poteete of Detroit Michigan.
Hartselle city hall moves this week from upstairs space to ground floor in a building on Main Street owned by the city. The transfer follows remodeling and new equipment installation in the old Protective Life Insurance Company building. J. P. Hodges serves as mayor and Hugh Sherrill as city clerk and treasurer.
Mobile Alabama June 30 Charles Jerome Corlett Jr 26 pleaded guilty to Lindbergh law charges kidnapping a 10 year old schooly received a 20 year imprisonment sentence authorities said Corlett admitted abducting the child in what was described as a kidnapping case under federal law with the plea and sentencing occurring today.
A historical note indicates that roughly fifteen million tons of ice are consumed annually by United States railroads for cooling and refrigeration purposes across the network.
Solicitor General John Gibson announced Harvey Nelson and two women plotted to kill Nelson's 10 year old son for 900 dollars in insurance. The boy was shot on a Waycross area filling station porch on May 26. Verna Mae Fowler Mary Kent and others faced murder charges with confessions and varying custody statuses reported.
In London a three nation accord between the United States Britain and France caps battleship size at 45000 tons with 16 inch guns. announced by Alfred Duff Cooper first lord of the admiralty. The deal follows the 1936 London treaty shift and uses an escalator clause citing Japan's build up.
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