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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Sep 02, 1930
Page
7
Prices for corn oats and lard posted with September and December futures showing mixed percentage changes. No. 1 white oats and rye values listed with barley and seed quotes. bellies ribs and lard prices tracked with bid and close ranges from Chicago markets.
New York market notes cotton opening steady with a decline of 7 to 14 points amid selling tied to Liverpool cables and rain in the central belt and Texas. October and March futures slipped but traded back near Friday’s close as private crop data suggested lower yields.
Cottonseed oil markets opened steady in New Orleans with bids listed for January at 7.75, February 7.80, March 7.80, April 7.85, May 7.90, September 7.60, October 7.65, November 7.70 and December 7.75.
U S Department of Agriculture notes shipments over the weekend with 152 on track 318 total U S shipments Friday through Monday. Prices quoted for Irish cobblers and Trish Cobblers in Wisconsin Minnesota Idaho Russets ranged from 1 65 to 2 55 with better quality stock near 2 00.
Butter trading in Chicago on September 2 shows general steadiness with creamery extras at 38 percent, standards 38 percent, extra firsts 8714, firsts 35 3674, and seconds 333 4, reflecting stable demand across the board.
Cotton spot in fair demand with prices down across grades. American sales total 3,200 bales of 5,000, receipts 1,000. futures closed quiet and steady with October through July figures listed.
The Chicago livestock market shows hogs steady with early top near 11.35 and later 11.00-11.25 for various weights. Cattle runs around 20 000 with calves 3 000 and top steers 12.35, and sheep about 20 000 with native lambs 8.50-8.75 to packers. City butchers report bulk 7.50-8.00 with some higher prices and lambs at 8.25-9.35 for good quality.
New York dairy prices show butter at 3 673 steady with creamery quotes higher for extra and first grades. Cheese totals reach 42 399 with state whole milk flats priced steady at 20 14 to 21 14 and related stock and packing movements noted.
In New Orleans on September 2, cotton futures ended the session steady with net declines of 9 to 13 points. The day saw a range of highs and lows with notable levels around 11.27 to 11.72 per unit and a Sanenta day total of 21,152 bales.
Wheat and corn futures in Chicago on September 2 show No 1 red at 87 1 2 cents, No 1 hard 86 86 1 4, No 1 Northern Spring 87, No 1 mixed 85 3 4 86, Corn No 1 mixed 1.00 1 4 1 2, No 1 yellow 1.00 1 2 801, No 1 white 1.04 1 2 1065, sample grand.
Trading reopened after a three day halt with gains in merchandising shares and other gainers but overall uneven action. U S Steel and major industrials slipped about a point while short covering aided a late recovery.
Cotton futures for several contracts edged between small gains and losses in New York with values around 11.20 to 11.80 cents. The report lists settlement ranges for January May July October and December contracts, noting old and new years and bid ask levels.
Early buying lifted prices to 11.23 for new October and 11.65 for March, about 8 to 12 points higher. Demand tapered and activity quieted, with prices slipping a few points under realizings. By midday, the market was quiet and steady with little change, while a private report cited condition 54 and an indicated yield of 664,000 bales.
A dramatic account follows of Hearst being barred from France amid accusations he posed a danger to the republic. The prisoner recalls officials viewing him as an enemy and notes they offered temporary stay before he chose to leave to protect France. He likens his experience to blindness and asserts he has seen much of French governance.
Independents launch campaign against party with a joint debate challenge and a slate led by Locke and Powell. They adopt a Liberty bell emblem with 13 stars and the phrase white Control. Their 13 plank platform calls for state progress, banking regulation, labor department, limited taxes, Confederate pensions, industry, public health enforcement, and highway construction with federal aid. They seek new executive committee limits and reapportionment by the last census.
Decatur readers see reports on new printing plant praise and a historic South first telephone line, plus neighbors like Jerry Holland and J. A. Thornhill recounting visits. Attendees at the Montgomery Independent meeting include Morgan county delegation members and local residents, with social notes on Dr. James Allen Smith, Dr. Harry Clark, and Amelia Troy’s travel plans.
Daily classified notices emphasize regular spending choices rather than waiting for emergencies. They frame budgeting as a continuous practice and promote prudent use of funds in everyday life.
Robertson. J. F. Cain, a prominent planter from Route 2 Decatur, visited the city today. George Devine, once of Decatur and now in Chattanooga, spent the weekend with relatives. D. M. Sivley of Route 1 Trinity was among business visitors in Decatur Tuesday.
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