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Newspaper
Dothan Eagle
Location
Dothan, Alabama, United States of America
Date
Nov 18, 1930
Page
5
A terse alert requests information about a missing person named Getayeer last seen November 11 on route 2. A. M. Kin. Police urge witnesses to come forward with any details to aid investigation.
Bordeaux France November 18 AP Dr Claude Dornier builder of the DO X says twelve engines will be removed at Lisbon for careful inspection before the Atlantic crossing to New York and the number and type will not be altered. He cites magnetos as the likely issue and notes a magneto firm engineer will be on hand in Lisbon. Rain fell steadily this morning.
Classified notices list rental rooms on West Main Street with private baths and contact numbers 260 and 265. Also advertised are a furnished home on 207 West Main St with details and price, an equity sale two miles from town, and a money loan offer for local property.
The sun returns with fair weather and rising temperatures causing a crowd to shed coats. Flood fears in Geneva and Elba ease as river waters recede. Crews continue work on flooded cable passages and clogged sewers while pecan trees drop brown nuts after the weekend storm.
The Liverpool market shows quiet spot trading with higher prices for American cotton. Quotations list grades from strict good middling at 6.80 to good ordinary at 4.50, with 4,000 bales sold and 300 American invoices received. Futures closed barely steady across December to October contracts.
The AP reports that twin-seat racing cars will be mandatory in all championship events next year as two-man racing resumes on American tracks after a seven year absence.
Cotton in New York opens steady up 1 to 2 points and May contracts rise from 11.72 to 11.49 as traders buy and cover. December moves to 10.95 then 10.92 at midday while selling and liquidation push May and December 9 to 10 points lower later. Liverpool, continental, and Bombay demand supports cloth shipments to India amid bank suspensions and labor disputes in England.
New Orleans reports explain how low Liverpool parity affects occasional market contrasts with overnight cable news on Bombay and continent buying. London worries about continent strain as wheat outlook and weekly crop data shape futures, with market opening hesitancy and a tendency toward easier technicals before December settlement.
Chicago and New York market notes show butter firm but mixed, with creamery and extra grades trading around 31 to 34 under varying scores. Eggs hold firm as totals reach thousands. cheese output listed at over 308 thousand with steady levels.
The market closed steady after a mid afternoon decline with futures 6 to 14 points lower. Spot remains quiet as middling closes around 11.00. The drop extended to 10.83 for December and 11.55 for May in the final hour, ending barely steady.
Dent F. Green, Alabama state superintendent of banks, announced the closing of the Bank of Gant in Covington County. With a capital stock of 15 000 dollars, the bank will be equitated by a receiver and likely not reopened, due to frozen assets from a poor cotton season and heavy rains.
Chicago wholesale cattle and hogs show uneven demand with 43 000 head auctioned including 15 000 direct. Hogs top 8.35 with bulk 160-280 lbs. Cattle and calves limited sales with steady or barely steady tone. Sheep steady with good to choice lambs seen and prices reported for various weight classes.
In New Orleans on November 18, cottonseed futures opened steady with bids listed for several months. January and February at 7.20, March 7.25, April 7.35, May 7.40, June 7.49, July 7.50, November 7.10, and December 7.15.
The Alabama State Baptist convention begins its 109th annual meeting in Bessemer with discussions on education policy. Debates center on a proposed consolidation of Howard College Birmingham and Judson College Marion, weighing institutional needs against loss of equipment.
The piece notes rising fencing interest in Portugal with club rivalries and new leadership shifts. It records a February resignation of Dr. Dawson, appointment of Howard as successor, and outlines pastors council meeting speakers and upcoming officer elections.
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