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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 31, 1968
Page
8
A brief market update lists late trading activity on the American Exchange with notable stock movements and closing tendencies. Traders monitor volume and price shifts across key issues as the day's activity winds down.
Market notes list various staples with rough prices. Includes greens and cabbage by head or dozen, sacks and baskets priced between 1.00 and 2.50, and specific items like yellow squash in quarter baskets. Prices are given as approximate ranges for per unit or per bag.
Atlanta and Birmingham reports show live broilers and hens priced around 13 cents at farms with limited trading. Next week’s delivery prices in bulk trade range around 25.40 to 26.00 per hundredweight with estimated slaughter near 1.4 million head versus 1.445 million last weekend.
Nashville AP reports cattle and calves mixed prices with no early arrivals. Slaughter steers steady to 50 lower, slaughter heifers steady to weak, cows and bulls steady to 50, feeder calves under 500 lbs up 50, heavier feeders steady. hogs under 25 with insufficient early offerings. corn prices similar to last week.
Retail egg pricing schedules establish per dozen rates for consumer grade white eggs with store delivery. Large eggs carry 34 to 36 percent markups, medium 27 to 29 percent, small 24 to 26 percent.
Cotton: Decatur loan at middling inch 21.26. Cottonseed: ton. Milk: Grade A 6.55 per hundred. manufactured milk 3.20 per hundred for four percent. 0.055 percent above four percent direct ratio below four per No. 2 Soybean 2.60.
Quotations from the NASD show representative interdealer prices as of about 10 a.m. Interdealer market moves through the day. Prices exclude retail markup markdown or commission.
The stock market trimmed intraday advances but stayed higher with volume at 10.03 million shares in four hours. Dow rose on optimism that Congress will pass a tax increase linked to a $6 billion spending cut after Johnson signaled acceptance. Major movers included U S Steel Republic Steel In land Steel Beth lehem First Charter Great Western Imperial California and Cali fornia financial with gains led by Oxy after a bullish article. E G & G fell about two points as its nuclear test role drew attention News notes mention AEC warning on underground explosions potentially converting gas to carbon dioxide and carbon monoxide.
Hospital officials say Ruth Newman drove a 1965 car in a Thursday afternoon collision around 4 15 p m. Moss Funeral Home in Cullman is handling funeral arrangements.
Soldiers recall a headquarter clerk nicknamed Worm earning a Silver Star and shocking comrades. Breutzman jokes about the nickname, saying it helps disguise his identity when answering the phone as Spec. 5 Breutzman. The next day friends wonder how Worm could perform so boldly.
Austin recipients included Merita Brown earning the School Award for Excellence and Deborah Webster receiving a Decatur Business Women’s Association scholarship to John C. Calhoun Junior College. Kim Crowe earned a Austin Lions Club scholarship and Army nursing offer, while Gary Lynn received the I Dare You award. National High School honors went to Gary McCulloch and Billy McLaughlin with ROTC and Auburn ties, and a City of Opportunity note follows.
The Decatur High valedictorian remarks urged thoughtful action and present preparation. Lot of names appear including Lane Agnew Bill Moody Mary Jean Washington Marian Weber. Scholarships were awarded to Lonnie Cain Don Kyle Ann Callahan and Mike Goldell among graduates. Bill Powell earned perfect attendance for 12 years.
Dr. Hayes urges graduates to think with God and act on truth, stressing that future success hinges on character and ability. He notes education gaps among seniors and calls for broader reading and library use. Bruce Spencer and H. R. Leeman attend as awards are announced and students receive honors.
Ann Pruet receives $50 I Dare You award and Kappa Kappa Iota scholarship. Mary Ann Overs earns $900 Mt Joseph National High School Award for Excellence. Karen Prater wins a two year music scholarship to John C Calhoun Junior College. Richard Freezer cited for National High School Award for Excellence. Vanderbilt University and Austin Lions Club provide additional support and recognition.
Viet Cong pressed Saigon on two fronts while Russian artillery bombards allied bases in the central highlands. Col Phan Mau, a high defect, says attacks will intensify to influence Paris cease fire talks. South Vietnamese bombers hit Viet Cong near the northeast approaches and Cholon infiltration prompts refugee evacuations.
Second Word had been seeking a city county subsidy for several months. Stone, a former driver for Agnew Ambulance Service in Huntsville, said Thursday he believes he can operate without a subsidy. Word and Hunter purchased South End in 1964 from Otis Simpson Jr. Word later purchased Hunter's share of the ambulance service. The new ambulance company is expected to be known as Ambulance Service.
The City Teachers Association honors Elaine Montgomery and Jayne C Woodruff with the W S Baugh and Thursday Thimble Club awards. Civitan Citizenship and Young Men s Progressive Club awards go to Walter Sutherlin Ge or ge Priest and Larry Little plus a PTA award.
Paris reports show the two week long French strike wave easing as President de Gaulle mounts a strong counter campaign. Small plants resume partial operations while big industries stay idle, rail traffic and services gradually return to normal and talks on wage hikes resume. Gasoline deliveries resume to Paris stations as Alsace recovers and mail returns to Angouleme.
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