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Newspaper
Dothan Eagle
Location
Dothan, Alabama, United States of America
Date
Feb 25, 1930
Page
2
The fragment cites bids for months from April to October with several price figures such as 7.96 and 58.08 and mentions a December or September 8.40 bid. No clear event or entities beyond dates and bid values.
Unstable OCR segment shows butter market figures in Chicago with tub counts and grade standards. Mentions creamery output, firsts and seconds pricing, and assorted lot numbers.
The Rotary Club luncheon at Wadlington Hotel honored fallen and former members including Jate Chester Vickery, J W Baughman, and W T Hall. Arthur Ussery praised their dedication while John Campbell led a program featuring music, humor, and reflections on club values.
New York cotton futures opened steady with March at 14.90 and later around 14.87 as liquidation and covering influenced moves. Liverpool demand and American notices against 40,800 bales supported a firmer tone, while near month liquidation pressured prices before trade absorbed the declines. New Orleans bids showed January at 15.75 and March near 14.69 with other months posted higher.
New Orleans reports show March futures opening up and May and July rising to intraday highs as notices in New York up to 50000 sparked a wheat led rally. Prices later eased from intraday highs with March at 14.61 and May 15.76 while July touched 15.00 as the market cooled toward noon.
Feb 26 report shows cotton futures closing steady with net advances of 19 to 22 points. Prices for various months range from around 14.52 to 15.99, with notable highs in March and October. In Chicago, Feb 25 potato market receipts and on-track shipments total 994 cars with prices listed for Wisconsin Minnesota and Idaho varieties. trading is dull.
Charlo Ingram of Donalsonville was hospitalized with a severe scalp wound and multiple injuries after a car swerved from the Ashford highway into a ditch near Dothan. J M Ingram of Dothan, driving, said lights failed before the crash around 11 p.m. The elder Ingram was en route to visit a sick brother W J Ingram. J C Ingram of Dothan is another brother. A piece of flying glass caused a five inch head cut.
Foreign exchanges in New York on February 25 show Britain at 4.85 percent demand with cables 4.8644 and 60 day bills 4.8212. France quotes 3.915 percent demand and 3.9112 cables. Italy bids 0.2314 and 5.23 percent on cables.
Mrs. J. E. Dixon of Ozark was a four day visitor in Dothan Monday for a brief stay and local errands.
Liverpool cotton market notices lower spot prices for American grades with sales totaling 4 000 bales including 2 500 American. Receipts number 22 000 with American at 19 800. Futures closed steady with March at 8 03 May 8 12 July 8 20 October 8 29 December 8 35 January 8 38.
On February 25 19 Chicago reports grain and forage quotes with No 1 hard 1.20 No 8 mixed 94s Corn No 5 mixed 70 2 No 4 white 64 Oats No 2 white 40 72 41 No 3 white 40 Rye no sales Barley 58 65 Timothy red 5 40 6 35 Cloverseed 10 25 17 75.
Ruben Wilson a prominent Beat One merchant and former county board of revenue member qualified today as a Democratic primary candidate for the District One post on the Board of Revenue. He cited past opposition to excessive county expenditures and outlined a campaign committee including T. J. Holloway A. M. Kensall and John Brookins. Wilson operates a store at Vicksburg near Dethen.
The raw sugar market in New York showed little change with demand remaining light and of fair character. Uncertainty over future market developments appeared to restrain trading and keep prices steady as buyers hesitated to commit.
The Alabama Securities Commission granted Southern Natural Gas Corp of Birmingham authority to issue 15,000 shares of no par value $7 cumulative preferred stock at 100 dollars per share plus accrued dividends.
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