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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 23, 1975
Page
3
The New York Stock Exchange noon prices show a wide array of listed names with fluctuating figures. Notable entities include Citicorp, CocaCola, Alcoa, and Dow Jones components among many others, with varying last prices and percent changes.
Commissioners from Morgan Limestone Lawrence and Cullman counties plan to attend a National Association of Counties convention in Hawaii next month with county funds covering commissioners expenses and wives travel. Morgan Lawrence and Cullman approx 600 per couple for five days. Limestone 1169.50 per couple for extra night and island tour. Lawrence may not be represented as E Tommy Terry is hospitalized. no others from Lawrence expressed interest.
At Decatur markets Cotton from Augusta and Montgomery and Memphis quoted for 15 to 16 inch grades with prices ranging around 37 dollars per unit. Soybeans and corn futures listed with No 2 Soybeans at 5.37 and No 2 Yellow Corn at 2.81. Milling wheat No 2 around 2.94 and oats 1.63. White shelled corn No 2 at 2.83.
The stock market gained ground as early buying followed a rate cut by First National City Bank. The noon Dow rose 8.22 to 827.13 as gainers led losers about 3 to 1 on the NYSE. Citibank announced it would cut its rate next week from 7.14 to 7 percent. Sony led trading, rising 1/2 point with a 125,000 share block, while the NYSE composite edged up to 47.79 and the market value index gained 0.43 to 87.26.
The Interior Department will return 206 acres in 16 small tracts to TVA from Wheeler National Wildlife Refuge in Morgan Limestone and Madison counties. Most tracts lie across county roads and are outside the core refuge. TVA will decide use, possibly renting or adding to wildlife management.
Interdealer prices for over the counter securities are provided by Quotations from the NASD as of about 10 a.m. The figures reflect interdealer trading and do not include retail markups markdowns or commissions, and they change throughout the day.
Morgan County Red Cross bids farewell to longtime executive secretary Louise Foster after 11 years of service. Board members praised her leadership and announced that Mrs. T. M. Jones III will assume the role, with Foster possibly remaining as an advisor. Foster plans travels starting with Florida before broader trips.
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