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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 05, 1933
Page
1
In New Orleans on May 5 the third session of the week saw cotton prices surge to new yearly highs with gains of 90 cents to $1 per bale in early trading. May contracts opened at 83 4, July rose to 84 5, and October to 86 9, 35 to 40 cents above prior 1933 highs, driven by active Liverpool cable buying.
The American dollar weakened in foreign exchange markets after Britain abandoned the gold standard. It fell about six cents in London, reached a new low in Paris, and slid to an all time low of 3.54 marks in Berlin.
Speculative markets held firm with several securities and commodities at new highs for the recovery. Profit-taking periodically cooled the ascent while trading eased after a brisk morning. Wheat rose about a cent per bushel and cotton gained roughly one dollar per bale after midday selling, with many stocks advancing one to three dollars a share.
At the Alabama UDC convention in Tuscumbia on May 5 Mrs Gustave Mertins of Montgomery was elected president. Miss Annie Wheeler daughter of Gen Fighting Joe Wheeler was named state chaplain and Mrs Joe E Aderhold of Anniston became honorary life president. Other officers include J W Curry of Tuscumbia historian Herman Jones of Auburn first vice president Paul Smith of Montgomery second vice president and R E Moore of Winfield recording secretary.
Friends learn Mrs Edwin Garret of Belle Mina is much improved after her recent surgery at Baugh's Infirmary.
Grady Huie held since March 20 on burglary charges against Gulf Refining office will face a preliminary hearing Saturday before Judge W. T. Lowe after habeas corpus actions by his counsel Thurston Poole. Poole, also jailed, has not yet had a hearing scheduled. Eddie Childers will be brought from Madison County jail for a separate hearing before Justice Bean at Falkville on a petit larceny charge arising from alleged chicken theft at Cole Springs.
Washington May 5 Speaker Rainey said the house will complete the President's emergency program and be ready to adjourn June 1. He added that adjournment depends on the senate as Roosevelt prepares a request to negotiate reciprocal tariffs for the London conference and public works.
President Roosevelt’s plan for the London world economic conference gained clarity with James Cox, former Ohio governor and 1920 Democratic nominee, named as a delegate. A White House aide to Representative McDuffie of Alabama was declined, McDuffie citing domestic duties. Secretary Hull expected to head the delegation.
Sheriff Davis and deputies investigate a burglary at the J. H. Caudilgen merchandise store in Falkville. Burglar(s) reportedly took shoes silk hose underwear and groceries after the Thursday night break in.
The Decatur city council postponed its regular meeting last night due to the absence of one or more members. A new date has not been set. A petition for Sunday movies was among the questions expected to be addressed.
The American reports Margaret McMath, abducted Tuesday at Harwichport, will be returned within 24 hours. A Harwichport man linked to the McMath family is described as the plot’s brains, with no gangsters involved. Police search Cape Cod towns and Mashpee.
The Senate approved its Norris Muscle Shoals bill 68 to 20 to run government operation of Muscle Shoals and advance Roosevelt era power, navigation and flood control in the Tennessee River Basin. House Speaker Rainey will hold the measure for committee study before possible acceptance or conference.
Freddie Shores will depart tonight for Louisville Kentucky to attend the Derby scheduled for Saturday. He plans to arrive ahead of the event to take part in pre race activities and spectator events.
Ashford & Watkins store at 1337 Fourth Avenue South was raided Thursday night by burglars using two cars to haul loot. Police recovered most items including flour, meal, bacon, lard, sugar and meat from a car in a Fifth Avenue garage and a nearby house. Investigators believe an organized gang used the front-door method and expect arrests as they follow multiple clues. The raid is described as one of the boldest in months.
A sky rocketing market pushed cotton sales in Decatur during the past week. Middling prices near eight cents per pound spurred rapid selling of warehouse stock, including a 350 bale lot believed to be the largest single sale. Smaller lots of 50 125 and 175 bales followed, with five to twenty bale trades also common, injecting several thousand dollars into local trade.
Preliminary trial for Mildred Wyse a Black woman accused of murdering her infant is scheduled for this afternoon before Justice Bailey at city hall. Attorney T Almon represents the defense. A large number of witnesses have been summoned for the hearing.
Dr. Charles C. Carson of Atlanta GA completes revival at First Presbyterian church and returns home. He gathers friends in Muscle to view government projects before leaving for Georgia. Known in Decatur for two revival campaigns, he is loved by many who joined the efforts.
Miss Eva McPherson will lead a free cooking school at Riverside High School auditorium beginning Tuesday at 3 PM with sessions Tuesday Wednesday and Thursday evenings. The event features penny saving tips, meal planning and inventive use of left overs to reduce family costs. Hundreds of women have signed to attend as sponsors expect full seating and demonstrations focusing on better meals at lower cost.
Glenn V. Tingley of Birmingham presents a sermon titled How Shall We Escape If We Neglect So Great a Salvation Tonight and Saturday. G P Rockwell directs music as Tingley argues the Second Coming is the Bible's main doctrine and urges readiness for Christ’s bodily return.
Officers Bill Moore and Frank McCall of the Decatur police depart ment depart for Cullman to testify this afternoon in Cullman circuit court.
Cotton prices advanced today with middling quoted at 8.15 on Decatur markets this afternoon. New York July futures stood at 354 at 1 p.m. today.
Clem Hayes, 57, died Thursday at 10 30 at his home on Trinity Route 1. He is survived by a number of children. Funeral services will be held this afternoon at 3 at Caddo by Rev. W H Curr with interment at Caddo, director Priest.
A tornado swept three west central Alabama communities early today killing twenty and injuring more than 200. Helena, a mining town of 700, reported 13 dead and many in critical condition, as doctors warned of slim chances of recovery. The storm damaged homes and halted activity along the eastward path across the region.
The National Red Cross assigns Miss Roberta Morgan secretary of the Jefferson county chapter to lead storm relief in Alabama. Representatives of the director depart this afternoon for Alabama. The War Department is asked to loan tents and cats to aid care for the injured and homeless.
Mrs. D. W. Speake dies after a long illness at her Johnston Street home in Decatur Morgan County. Funeral plans not set. family expects services Sunday afternoon. She is survived by her husband D. W. Speake and several children.
Athens Alabama May 5 Special police chief C T Wilson announces a traffic violation crackdown. Streets are being lined off this week and motorists will be required to observe all stop lines and speed limits with no mercy for violators.
Mrs Bev Howell is reported to be seriously ill at her home with a developing illness. She remains under medical care as family and friends await further updates.
Mrs. Aaron Walton and her son visit Hartselle with Mr and Mrs apparent relatives in attendance during an informal social gathering.
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