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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 07, 1971
Page
5
NASD quotations show approximate interdealer prices around 10 a.m. for over the counter securities with market changes expected through the day. Prices exclude retail markups markdowns and commissions.
Wall Street slid as investors cited the international monetary crisis and a higher jobless rate. The Dow Jones industrial average fell about 4.8 points to 932.62 at noon, with declines leading advances on the NYSE by nearly 4 to 1.
Decatur markets show cotton middling at 20.45 per pound with a loan rate. Cottonseed at 40 dollars per ton. Milk Grade A at 6.55 per hundred weight. manufactured milk at 3.20 per hundred for four percent. Wood prices 65 45 and 35. Pulpwood 15.25 per cord. Soybeans No 2 at 2.90. WhiteShelled Corn No 2 at 1.65. Oats No 2 at .60. Milling Wheat No 2 at 1.30. Mile No 2 per hundred 2.10. Barley No 2 at .80. Yellow Shelled Corn No 2 at 1.35.
Administration estimates show federal state and local costs for the new welfare program at 17.5 billion annually, up from 13.3 billion. Welfare payments to families would grow to 9.1 billion and to aged, blind and disabled to 5.1 billion, with states bearing the remainder. More than one in five in several southern border states could become welfare beneficiaries.
Grid Crane, 1965 All American center under Paul Bryant, hopes to stay with the New York Jets’s fifth season. He notes George Sauer’s retirement prompts a potential replacement and mentions Bob Hayes as a possible option. Crane stresses injuries as key to Jets’ Super Bowl chances while continuing as outside linebacker and kicking snapper. He cites Fellowship of Christian Athletes and calls for dedication in life and sport. The Alley Cats from a Birmingham sheltered workshop impressed at a public dinner, selling out their album. Public service awards were given to educators and community workers across Decatur, Athens, Lawrence and Hartselle.
Memorial gifts to the American Cancer Society assist research education and service per the Morgan County Unit Memorial Chairman Mrs Dan Brewer. Gifts include remembrance after a death legacy via wills insurance policy designations and personal gifts for birthdays anniversaries and Christmas. Contributions are mailed to Mrs Dan Brewer 308 Brookhaven SW Decatur Alabama with acknowledgment cards sent to donors and families.
Nixon reports show farmers at a rally displaying prices for a tractor hookup at 18 587 dollars a big cultivator 15 545 the grain combine 15 969 and a grain dryer 6 652. They complain ongoing rising costs with nearly steady income and blame Republicans for losses in recent Midwest governor races.
Getty Oil Co has completed a potential discovery well near Uriah Monroe County Alabama in the Smackover limestone. The B C Quimby 27 15 well is reported to yield 683 barrels per day of oil or condensate and 1.5 million cubic feet of gas with a net 98 feet pay zone at 14 000 feet and bottom at 14 208 feet.
Defense attorney Hopper fights continuance while Judge Howard seats Lt Col Céon and seven officers face voir dire. Two prospective jurors are dismissed for partial bias as Col Weston and Lt Col Gober fail to reassure impartiality. Remaining six officers needed for verdict.
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