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Newspaper
Dothan Eagle
Location
Dothan, Alabama, United States of America
Date
Nov 17, 1930
Page
5
The Eagle section shows opportunities ads opened steady today with a small decline of 1 to 5 points, yet holding steady overall. SB Ron Grec notes the market reflects cautious optimism and persistent demand for listed opportunities.
Wheat rose as federal farm board allies expanded purchases to prop up prices. Government agencies reportedly own over 20 million bushels of future wheat deliveries, with further buys possible to sustain the market. Corn and oats advanced, with varied gains across contracts and grades.
Classified items list furnished rooms with private baths on West Main Street. An equity sale of a 29 acre farm two miles from town is offered, with a 91 2 foot frontage on West Main and a price of 27500. Other notices include a furnished home on West Main Street and a loan offer from J J Speight for Dothan property.
Hog offerings reach 63 000 with 20 000 direct. price up to 10 cents, top 8.80 for 150 to 100 pound hogs. Cattle and calves total about 12 000 with feeders steady to 25 higher on slow demand and killers resisting higher asks. Sheep listing around 15 000 with good lambs moving 7.50 to 7.90 to packers and shippers.
On November 17 1930 foreign exchange rates were irregular with Great Britain demand quoted at 4.85 1 2, 4.85 5 8 for cables and 60 day bills on banks at 4.83 9 32. France demand listed at 3.92 6 8 for cables and 3.92 11 16, Italy demand at 5.23 1 2 for cables and 5.23 9 16.
New Orleans reports steady opening with bids across months from January to December ranging 7.15 to 7.40 cents. Closed steady for prime summer yellow and prime crude marks. New York notes cottonseed off closed dull with prime grade activity.
Buford Wright twenty three and Barhard Swain twenty one were in the Lawrence county Tennessee jail on highway robbery and assault with attempt to murder charges. They allegedly held up a man named Hunt near Florence and fired on another man named Anderson near Lauderdale County before fleeing into Tennessee and being captured between St Joseph and Lawrenceburg. They will be returned to Alabama.
In Memphis on November 17 AP reports cottonseed futures closing firm with bids for November at 29.59 and December at 31.00 while January to June prices range from 21.00 to 31.50. Cottonseed meal futures close dull with bids from 27.50 to 39.00 and sales totals 1 000 tons. Avocados used as shortening by a Santa Ana farmer.
Timothy seed quoted at 7.85 to 8.00 with repeats. Cloverseed 15.00 to 22.75. At St Louis on Nov 17 AP lists cash wheat No 1 red 8 and No 2 hard 75. Corn No 3 yellow 74 No 3 white 73. Oats No 2 white 34 1 2.
New York reports cotton opening steady with a decline of 1 to 5 points on Liverpool cables. Scattered liquidation and local selling absorbed by trade buying. Prices eased to December around 10.90 and May near 11.64 before steadying. later trades lifted some, with futures closing mixed around 2 points down to 3 up.
The New Orleans cotton market opened quiet with slight losses on weak Liverpool cables. December to January futures slipped early but recovered as short covering and modest trade buying lifted prices, closing the first hour near highs and the day with a steady, firming tone at noon and into the afternoon. Spot cotton closed steady at un-
Florence Abe Nov 17 Officers probed foul play vs an accidental fall after Wily Hughes 57 was found dead at the bottom of a 30 foot ditch. A searching party found his body yesterday when he failed to return from work Saturday night. Neck broken skull fractured and body badly bruised were noted.
At a regular meeting of the Farmers Evening school the discussion of Peart Pork and talks on the subject were keynotes. T B Burk a Washington hog market man spoke on standardization of pork sales and showed how it could be achieved with minimal extra cost and labor. He noted benefits to producer and consumer and was followed by Houson county farm demonstration agent Witherington and T H Lewis of Fiorid 2190. Wednesday night will cover testing setle for salinity and urged every farmer to attend.
Chicago market reports butter at 8,342 firm with cregamery extras and various grades, creamery standards and firsts cited. Cheese totals 215,466 steady with state whole milk flats and fancy grades noted. Eggs firm at 1,242 with extra firsts and fresh graded options. current receipts listed.
Chicago reports mixed commodity activity with potato shipments and cotton exports. Prices for Wisconsin round whites and various cotton grades show modest gains or stability while overall trading remains dull and receipts total 29,301 with stock at 693,438 and daily exports reaching 75,748 bales.
Idaho Senator Borah a Republican Independent leader says he will not be stampeded into hasty action on pending appropriations and major legislation. He warns against cooked up efforts to rush congress and cites Muscle Shoals issues as a potential stumbling block amid Hoover administration talks of bipartisan cooperation.
Houston dispatch reports Mrs. Normie Waite Colvin of New York anticipating a historic prohibition clash in 19% The 15th annual WCTU convention may spark a third party movement to advance the dry cause Colvin foresees a future realignment with Democrats from the South and dry Republicans from the North sweeping the country She asserts New York would rejoin the liquor business if the governor endorses the program.
The Mansion of Temple 111 near Wews was the site where George Washington was offered the kingship of a United States to be and refused it. Efforts are under way to convert the mansion into a national shrine.
Offered Crown New Windsor New York November 17 AP reports tradition holds that in an old...
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