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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Aug 09, 1941
Page
2
Alabama state prison farm conducts a silk worm project to build a domestic silk industry. Col. Persons reports encouraging progress with 100 percent cocoon processing hoped as mulberry trees sustain the worms and homemade incubators hatch them. Limited machinery and labor costs pose early hurdles.
Dispatches describe radio blackouts along routes east of Warsaw as Berlin capitals face renewed pressure. Reports claim a German plan to seize Moscow and the UK by September with paths through the Caucasus and plans to pressure Turkey for troop passage toward the Middle East. The United States seeks immediate data on two wounded Americans believed aboard an Egyptian steamer sunk by a Nazi raider 115 days earlier.
Safeguard debate centers on appropriations totaling forty billion dollars for national defense amid worries over risk and accountability. Citizens question the scope of spending and potential peril described by policymakers.
News brief notes Weld L. Jensen to serve as meal officer in charge of tas and a Commander appointed as executive aboard the hospital ship.
Stocks edged lower with little relief. the session marked an 11th straight day without progress as war front bulletins and a weak Far Eastern outlook weighed on sentiment. Transfers ran about 350000 shares, with notable declines in steel, automotive, and chemical issues and cotton futures dropping.
New York markets show stocks lower with continued industrial decline. Bonds trade off and overall trading is quiet as foreign exchange remains narrow and cautious amid market pauses.
Nineteenth century market notes show cotton futures dropping about 1.50 per bale as prices closed barely steady across the board. August to July contracts trade from 16.05 to 16.64 in New Orleans with bids and asks contrasting, while the 15-16 inch middling spot price averages 16.00 cents per pound.
Wheat prices fell more than a cent from week highs as profit taking and account adjustments trimmed gains. Market activity reflected cautious trading in Chicago futures with prices moderating after an earlier rally of 6 to 8 cents.
Market report shows rye and soybeans falling by one cent or more while wheat ends down about 1.8 points. September wheat at 1.11 5-8, December 1.15 1-8, corn up 1-4 to 1-2, May corn hitting a four year peak. Soybeans swing from 1-4 lower to 5-8 higher. oats down 3-8 to 5-8. mixed grain activity across contracts.
Chicago market report lists cash grain bids for August with No 2 red wheat at 1.08 and No 1 hard at 1.08 1 2, corn bids range from 75 1 2 for No 1 yellow to 72 for No 5, oats bid at 38 to 39 1 2, reflecting mixed prices across varieties.
Spot cotton in New Orleans August 9 closed quietly 31 points lower with 42 sales. Low middling 14 638 cents per pound, middling 16.93, good middling 16.38. Receipts 2 873, stock on hand 2 027.
Butter receipts at Chicago on August 9 totaled 37 028 pounds while eggs reached 11 231 cases as no market activity was reported.
Workers at the Curtiss Wright propeller plant walk out amid demand for a 20 percent wage hike while the company cites a weekly 34.74 dollar learner pay and 50.07 dollar average for others. Propeller Craft and the local union say they sanctioned neither the walkout nor the election result. In Huntington West Virginia two strikes ended with wage gains and halted walkouts affecting 900 to 1,000 workers as 1,300 coal cars start. Billings Montana miners pause a planned strike after talks. Attempts to organize Winchester Repeating Arms workers surface in New Haven with a 11 000 workforce. Pittsburgh rifles for Mars plan face new strike threats amid broader labor activity.
The War Department announced that secret radio devices to detect approaching hostile bombers will be deployed along coastlines and at overseas bases, with 31 new signal corps reserve lieutenants beginning a three week training at Fort Monmouth to operate the apparatus. The device, a guarded secret, mirrors Britain's radar method and can locate aircraft at long range, determining altitude direction and distance.
The annual August Perseid meteor shower, called the tears of St. Lawrence, is due Monday night. Observers may see about 30 meteors per hour, with bursts of dozens rare but possible after midnight, visible in the northeast and then overhead.
Nationwide labor action looms as a Westinghouse unit threatens a salaried wage rise while CIO Steel Workers end a Timken dispute with rehiring of five women. Canton Timken plant to resume work. Seagram plant pickets seek recognition. Local social notes report visits, church circles, and community events in Decatur and area.
A Decatur based letter from Cooper Wells & Co employees asks officials to ensure supply of synthetic yarns like Nylon and Rayon to keep local plants running. The note mentions nearby defense facilities in Huntsville Listerhill and Muscle Shoals and urges priority hiring for local workers to prevent unemployment.
M. O. Jackson, former agent for the Southeart Bell Phone Company, died in Asheville North Carolina today. He would have been 69 years old September 29. He was a native of Oconee County Georgia.
Monroe Parker delivered a dramatic sermon on the crucifixion at the revival in the big tent, depicting Jesus bearing the cross and suffering brutal mockery. The piece urged personal stance for Christ and referenced upcoming services including sermons on heaven and a union evangelistic event.
Army defense officials report soldiers feet run larger than expected, increasing the average cost per pair by 2 cents. Purchases of 1,000,008 pairs show a median size of 10, up from 9, with demand heavier than anticipated.
The German government informed the United States that two Americans missing since the Zamzam sinking remain aboard the Nazi raider Tamesis. Francis Vicovari of New York City and Ned Laughinghouse of Wilson, North Carolina, were injured but not moved to the Dresden. Their current location aboard the raider was not disclosed.
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