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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Oct 24, 1964
Page
3
Stocks ended higher after a late rally in a shortened Friday session. GM rose 1 percent to 102 1/2 as investor hopes for an end to the GM strike and a directors meeting on November 2 boosted sentiment. The Dow gained .61 to 877.62 while volume fell to 3.44 million shares.
AP reports New Products tests include a 68 pound clear-anodized aluminum street letter box by Reynolds Metals Co used outside of W. D. C. The box features a deep cowl for dry-wet weather mail. Other items include an ejecta cork device, a windshield defroster gun, an electronic label detector for Warner-Chilcott Labs, flex aid dressings, a battery powered fluorescent lighting supply, and lists of participating companies in New Products.
Soybean futures fell as traders sold on the Board of Trade with losses near three cents a bushel. Wheat held firm, corn declined while rye mixed and oats largely unchanged. A government stock report released after trading showed October soybean stocks at 31.991 million bushels, more than double year ago levels.
Chicago AP reports the hog market was fairly active with butchers steady to weak prices and sows fully steady. Receipts around 8,500 head, shippers taking about 75 percent. Steers and heifers sold in the 13 to 25 dollar range with varying grades and weights. slaughter steers mostly steady in an uneven market.
Key events listed for October 24 across history include the 1861 telegraph coast lines, 1636 first patent for friction matches to Alonzo Philips, 1871 Weather Bureau coastal cautions, 1931 George Washington Bridge opening, 1951 Truman’s WWII end proclamation, and notes on five, ten, twenty five, and fifty year recaps spanning merchants, entertainers, and military movements.
In Worksop England AP reports Nottinghamshire College for Further Education students faced a choice due to long hair. The headmaster warned of tangles in machinery classes and offered quit school get haircuts or wear hairnets. The boys chose hairnets in a period tone reflecting local concerns.
Cattle market reports 6000 head receipts with heifers steady to 25 cents higher. Prime steers weighing 1250 to 1350 pounds sold from 26.25 to 26.50 per hundredweight. High choice prime steer quality noted with strong demand while other values remain steady.
The market shows moderate activity as wooled slaughter lambs and sand ewes bring steady prid.
New York stock market figures show closing averages with the Dow at about 875.60 and related indices across rail, utilities, and industrials. The report lists transactions and bond issues, including various rail and utility figures and the commodity futures index at 140.01 with a slight drop.
New York on October 23 reports Standard and Poor's 500 stock index data with mixed figures. The record shows low and close values around 89.40 to 89.98 and related indices near 49.17 to 49.55 with a share price noted at 4.57 and 85.14 in the afternoon session.
Falkville Methodist Church organized after the Civil War reflects growth from 1867 to a 1949 building with 250 seats and 11 classrooms. Pastor Rev. Arthur Gordon Finch Jr. joined in June, bringing degrees from Florence State College and studies at Mississippi and Emory. Members include 326, with active Boy Scout, Cub Scout and Girl Scout groups and a junior fellowship recently started.
The local Seventh-day Adventist congregation observes World Temperance Day and joins a national drive to raise 100000 dollars for a temperance education program. Pastor E H Roy says the effort targets liquor dangers and includes materials to help youth avoid tobacco use.
The Shah of Iran proposed an international literacy corps in a message to 115 world leaders to teach over one million people to read and write. Iran’s literacy corps, formed in 1962, employs more than 9,000 teachers nationwide.
The 142nd Alabama Baptist State Convention runs November 10 to 12 in Mobile with the theme A Church its Mission Through Worship. About 2,900 churches and their leaders are expected to attend, and Mobile College will host on November 11 with several guest speakers headlining the two-day event.
East Katanga shuts its border to all Northern regions this weekend as Zambia celebrates amid regional festivities in Elisabethville. Authorities cite security and traffic controls during the border pause.
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