Senate Finance Committee Votes To Increase Excess Profits Tax
The Senate finance panel approves raising corporation income tax from 45 to 47 percent and keeps normal income tax at 25 percent with surtax up to 22. The bill would retroactively apply to earnings since July 1 and aims to raise 150 million in the first year. Taft calls amendments a better bill as debate looms with a White House submission planned by Friday.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
House
Senate
Truman
Congress
George
D-Ga
Taft
Ohio
White House
Wallace Rites Be Held Today
Final rites for Will Wallace 81 a retired Hartselle farmer will be held today at 2 PM at Johnson's chapel with Rev Addie Wallace and C L Ellis officiating. Burial in the adjoining cemetery Peck directing Wallace died Saturday after an extended illness leaving eight daughters six sons a sister 45 grandchildren 43 great grandchildren and two great great grandchildren. Grandsons will be pallbearers.
MENTIONED IN THIS ARTICLE
Will Wallace
Hartselle
Johnson’s Pet
Addie Wallace
C. L. Ellis
Peck
Wallace
W. E. West
P. W. Sparkman
Decatur
T. S. Sparkman
G. B. Roberts
William Patterson
Lee Standridge
Ninnie Puckett
Minnie Hardiman
John
H. B
Gadsden
S. A
E. G
Marcus
William
Mary Long
Markets Farm Markets in Decatur
Cotton prices quoted with Middling at 42.00c and strict low 40.5C. Cottonseed at 100 dollars per ton. Broilers 23c delivered. Hens 20c to 24c delivered. Hatching Eggs 80c per dozen. No 2 wheat 2.38 dollars. No 2 Ear Yellow Corn 1.52 dollars. No 2 Ear White Corn 1.47 dollars. No 3 Ear White Corn 1.42 dollars. No 2 Oats 87c. No 2 Mile 2.00 dollars. Corn basis moisture 15 42 percent. Other grains basis 13 42 percent moisture.
War baby stocks surge in brisk Wall Street rally
Wall Street rose amid a wartime surge in equities led by aircraft textile rail and steel shares. Volume reached 2 020 000 shares as the Associated Press average climbed to 85 30 up 1 50 with notable gains in Grumman Boeing United Aircraft and a broad list including Packard N Y Central and U S Steel.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Grumman
Douglas
Boeing
Consolidated Vultee
Curtiss- Wright
United Aircraft
Lockheed
Packard
N. Y. Central
Baltimore & Ohio
North American Aviation
Pennsylvania AA
Pacific-Tin Republic Aviation
Willys-Overland
St. Paul
Radio Corp
U. S. Steel
General Motors
Chrysler
Philco
Zenith
American Telephone
Dow Chemical
du Pont, Texas Co
United Airlines
Mrs C C Johnson Ties For 1st In UDC Contest
Mrs C C Johnson of 214 Cain Street tied for first place nationwide in the United Daughters of the Confederacy children's work contest. She shared the top honor with Mrs M H Kuhl of West Virginia. Johnson's Birmingham state convention story from last August is featured in the current UDC magazine.
MENTIONED IN THIS ARTICLE
C. C. Johnson
Cain Street
United Daughters of the Confederacy
UDC
Johnson
Alabama
M. H. Kuhl
West Virginia
Birmingham
Service Held Today For L. A. Shannon
Funeral services for L. A. Shannon age 80 were held today at 1 PM at Mutual Service chapel. Rev Bethea Stedham led the rites with interment in Friendship cemetery near Somerville. He died Friday at a Russellville daughter’s home and is survived by four sons four daughters 30 grandchildren and 15 great grandchildren. Pallbearers were Paul Shannon Stanley Lawrence Charles Lawrence Arland Barnes Howard Blankenship and Clayton Blankenship.
MENTIONED IN THIS ARTICLE
L. A. Shannon
Mutual Service
Bethea Stedham
Friendship Cemetery
Somerville
Mutual
Shannon
Russellville
Paul Shannon
Stanley Lawrence
Charles Lawrence
Arland Barnes
Howard Blankenship
Clayton Blankenship
Casualty toll rises with 584 more in Korea
The Defense Department identified 584 additional American casualties in the Korean theater. In casualty list No. 177 the tally cited 60 killed 450 wounded 30 in accidents and 44 missing or unaccounted for.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Department
Grain contracts hit new highs on Chicago board
In Chicago on December 16, most grain contracts rose to new highs amid a broad market surge. Soybeans soy oil and lard led gains with mixed results across wheat corn oats rye and lard advancing, December prices posting notable increases.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Markets at a Glance New York Chicago Dec 16
Stocks strong in New York with gains. cotton higher on demand. In Chicago wheat hits new seasonal highs while corn and oats firm as rail strike settlement improves cash demand. Hogs and cattle remain nominally steady.
MENTIONED IN THIS ARTICLE
New York
Chicago
Cotton futures rally closes higher in mixed session
New York cotton futures closed up 1.75 to 2.75 per bale with broad buying. May to December contracts traded in a tight range as open highs and lows moved, and Middling spot prices rose to 43.77.
MENTIONED IN THIS ARTICLE
New York
Decatur Decorations Contest Entry Closes Monday
Christmas spirit to fill Decatur both indoors and outside prompts residents to enter by sending a postcard. Address postcards to Do R Minton Decorations Contest 618 Johnston Street Decatur Alabama with entry intent and address. Monday is the final entry day.
MENTIONED IN THIS ARTICLE
Decatur
Corest
Do. R. Minton
Johnston Street
Alabama
National Emergency Aims to Boost Navy Aircraft Total
Dec 16 report notes the President declares a national emergency to aid the Navy in reaching 8,500 active aircraft. John F. Floberg serves as assistant secretary, outlining the policy and its expected impact on military aviation.
MENTIONED IN THIS ARTICLE
New Orleans
John F. Floberg
Acheson Defies GOP Critics On Brussels Trip
Secretary of State Dean Acheson plans to fly to Brussels to help finalize Atlantic alliance defenses against Russia despite Republican demands for his resignation. Republicans say his position is damaged, while Democrats Murray O Mahoney and Hill urge him to stay for the Brussels conference.
MENTIONED IN THIS ARTICLE
Washington
Dean Acheson
Brussels
Atlantic Alliance
Russia
Western
Europe
Acheson
Senate
House
Truman
White House
Congressional
Murray
Montana
O'Mahoney
Wyoming
Hill
Alabama
Loyalists Go To High Court In Election Contest
Four Alabama Democrats led by Jack M. Bridge appeal to the U S Supreme Court to stay an Alabama Supreme Court ruling. They challenge a subcommittee of the state Democratic executive group to decide contests filed by states rights Democrats over their spring election to the state party committee. The Alabama high court had upheld a circuit court decision.
MENTIONED IN THIS ARTICLE
Washington
Alabama
U. S. Supreme Court
Democratic Executive Committee
Jack M. Bridge
Neil O. Davis
W. L. Horn
G. C. Hughes
High Court
Alabama Supreme Court
Alabama Court
Circuit Court of
Coffee County
Ala
Pleasant Hill Christmas program set for Tuesday evening
The Pleasant Hill school announces a Christmas program at 7 P M featuring student readings and performances by first through sixth grades. Highlights include Jingle Bells reading It Wouldnt Do At All Silent Night Pageant of the Months What We Want For Christmas A Christmas Party for Miss Wilkins and a closing speech by Morris Moore.
MENTIONED IN THIS ARTICLE
Pleasant Hill
Billy Johnson
Eugene Melson
Yard Continued as Workers Return Expected
Yard crews remained at Nashville Tennessee and Birmingham Alabama while a spokesman for W P Kennedy president of the striking Brotherhood of Railroad Train said all men will be back at work before the day ends.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Birmingham
Ala
W. P. Kennedy
Striking Brotherhood of Railroad Train
Leaders, delegates meet after news briefing in edited text
Red Lester B Pearson and Chief Indian Delegate Sir Benegal Rau conferred with Wu after he addressed reporters. Informed sources said the cease fire committee made no headway in its first contact with the Chinese last night.
MENTIONED IN THIS ARTICLE
Lester B. Pearson
Benegal Rau
Enteram
Alabama Academy of Science Offers War Emergency Aid
The Alabama Academy of Science in Birmingham declared full cooperation with the state government for the war emergency. An executive committee meeting resulted in a resolution placing the organization’s services at the state’s disposal.
MENTIONED IN THIS ARTICLE
Birmingham
Alabama Academy of Science
Dixie Division Called For Active Duty January 16
The 31st Dixie division of Alabama origin will report for active duty January 16 and train at Fort Jackson South Carolina. The 47th National Guard infantry division to train at Camp Rucker Alabama was called up as part of the same mobilization. Major General Alexander G. Paxton of Greenville Mississippi issued the statement praising readiness and heritage of Americans in times of stress. Brigadier General Walter J. Attack Hanna of Birmingham was named state Adjutant General by Gov Elect Gordon Persons.
MENTIONED IN THIS ARTICLE
Birmingham
Ft. Jackson
S.C
47Th National Guard
Minnesota
North Dakota
Camp Rucker
Ozark
Ala
Alabama
Mississippi
Dixie
Alexander G. Paxton
Greenville
Miss
Walter J
Hanna
Gordon Persons
Truman to Take Key GE Post With Expanded War Powers
Truman named to a $22,500 a year post with broad authority over production, manpower, wages, prices, transportation and defense buying. The appointment requires senate confirmation. The executive order grants power similar to that in the 1950 defense production act, lengthening work hours, requisitioning ships, and waiving bids as part of a semi war footing.
MENTIONED IN THIS ARTICLE
General Electric Co
Wilson
Senate
War Production Board
Truman
White House
U. S
Auto Prices Frozen as Government Caps 1951 Models
The government froze new car prices at December 1 1950 levels, rolling back recent increases by Ford General Motors Chrysler and Nash for 1951 models. ESA ordered the halt pending wage and salary study, with action to follow. First price ceiling since OPA ended in 1946.
MENTIONED IN THIS ARTICLE
Washington
Ford
General Motors
Chrysler
Nash
The
Economic Stabilization Agency
ESA
OPA
New telephone numbers cut busy signals for The Daily
The Daily reports new lines reduce busy signals compared with old numbers 46 1000 2796 and 2011. Tests show the old lines often rang busy, while calling 3828 offers a high chance to reach the operator.
MENTIONED IN THIS ARTICLE
Society Department
Classified Department
Daily
Kersey Rites Held Monday
Funeral services for Marcus Irvin Kersey 77 of Cullman will be Monday at 9 AM at First Baptist Cullman with Rev. Andrew Coltharp officiating Interment in Oakwood Cemetery annex in Montgomery Mass-Service directing Kersey retired general superintendent of Southern Cotton Oil Company served 40 years in the firm He died Friday at his Cullman home leaving wife Emma S Kersey one son M I Kersey Jr of Hickory NC four daughters and several relatives
MENTIONED IN THIS ARTICLE
Marcus Irvin Kersey
Cullman
First Baptist Church
Andrew Coltharp
Oakwood Cemetery
Montgomery
Kersey
Southern Cotton Oil Company
Columbus
M.s. Emma S. Kersey
M. I. Kersey, Jr
Hickory
N. C
James A. Ivey
Okla
M. H. Powell
Atlanta
Atlanta, Ga.; Mrs. S. C. Bishop of Montgomery; and Mrs. Nelson Huff
Oklahoma City
Tad Wood
Atlanta, Ga
R. L. Dunn
Tulsa
Lamar Kersey
Panama City
Fla
J. R
St. Petersburg
Harvey Kersey
Sacramento
Calif
Death notices for L B Leftwich a Mooresville farmer
Funeral services for Little Berry Leftwich 66 widely known Mooresville farmer will be held today at 2 30 PM at Huntsville city cemetery. He died at Huntsville hospital after a long illness. The family requests no flowers. Surviving are his widow Emily Peebles Leftwich a daughter Homer Chase of Chase Alabama two brothers Felix Birmingham and Charles of Tuscumbia two sisters N P Beasley and Nina Leftwich both of Tuscumbia and two grandchildren Pallbearers are Frank Richardson Jr Withers Peebles Henderson Peebles Frank Wilson Macklin Frierson Billy Stewart Joe B Fal t and George McCrary.
MENTIONED IN THIS ARTICLE
Little Berry Leftwich
Mooresville
Huntsville City
Leftwich
Huntsville Hospital
Shelbyville
Tenn
Church of Christ Scientist
Emily Peebles
Homer Chase
Chase
State Dept Links Korean Actions to China in Korea War
The State Department said current government actions stem from China’s undeclared war in Korea. It stated that if China withdraws and acts in line with UN principles, the United States will be ready to discuss lifting restrictions and restoring normal trade relations.
MENTIONED IN THIS ARTICLE
State Department
China
Korea
Cordiner Named President of General Electric
Ralph J. Cordiner, 50, elected president of General Electric by the board. He succeeds Charles E. Wilson who resigned to head the defense mobilization board. The firm runs about 2 billion dollars in yearly business.
MENTIONED IN THIS ARTICLE
Ralph J. Cordiner
General Electric Co
New York
General Electric Company
Cordiner
Charles E. Wilson
New Defense Mobilization Board
Voting Record Of Alabamians Listed
Washington December 16 1941 report lists Alabama congress members voting on key rolls. Senate passage of 38 million dollar Yugoslavia food aid shows Hill for Sparkman not voting while anti-trust bill passage has Hill for Sparkman not voting. House passage of 38 million relief for Yugoslavia shows Andrews Battle Boykin DeGraffenried Elliott Grant Hobbs Rains for Jones not voting.
MENTIONED IN THIS ARTICLE
Washington
Alabama
Congress
Senate
Yugoslavia
Hill
Sparkman
House
Andrews
Battle
Boykin
DeGraffenried
Elliott
Grant
Hobbs
Rains
Jones
Vishinsky sails on French liner Liberte to return home
New York reports that Soviet Foreign Minister Vyacheslav Vishinsky sailed home aboard the Liberte, offering New Year wishes to Americans while accusing the United States of bias at the United Nations. He suggested he might not attend the next UN session, calling the odds pessimistic.
MENTIONED IN THIS ARTICLE
New York
Andrei Y. Vishinsky
United States
Russia
Liberte
Vishinsky
United Nations General Assembly
United Nations
Truantly General Review of Korean Fronts and Hungnam Evacuation
The report details U S and UN actions in Korea with focus on the Hungnam evacuation where U S forces pulled back from the Changjin area and Hamhung was defended as fires illuminated the coast. It notes Chinese efforts north of the 38th and air force sorties by Maj Gen Partridge describing jet activity and the broader strategic uncertainties for the war.
MENTIONED IN THIS ARTICLE
Hamhung
Tenth Corps
Hungnam
U.S
Korea
MacArthur
Tokyo
George E. Stratemeyer
Far East Air Force
Wonsan
Earle E. Partridge
U.S Fifth Air Force
Red Air Force
Shirley Temple Weds Pacific Gas & Electric Official
Shirley Temple, the actress, married Charles Black son of PG&E president, this afternoon at Del Monte California.
MENTIONED IN THIS ARTICLE
del Monte
Calif
Shirley Temple
Charles Black
Pacific Gas & Electric Company
Various US city visitors and local events in Decatur area
Local notices list visitors and business trips from Hartselle Athens and Falkville to Decatur, plus arrivals in Columbia Tennessee. Church services announced at St John s Episcopal and Bethel Baptist with Rev Dan Ireland preaching. Building permit issued for 901 Beach Street addition. river stage readings reported for Guntersville Whitesburg Decatur and Florence. Births admissions and court activity noted among community updates.
MENTIONED IN THIS ARTICLE
Bethel Baptist Church
Dan Ireland
Howard College
R. E
Beach Street
Tennessee River
Guntersville
Whitesburg
Decatur
Florence
Hanley Named Special Counsel in New York Veterans Division
Former Lt Governor Joel R. Hanley is named special counsel to the New York state division of veterans affairs at $16,000 yearly, effective midnight Dec 31. The appointment follows Gov. Dewey's direction and Hanley's prior role as lieutenant governor and author of the Hanley letter.
MENTIONED IN THIS ARTICLE
Albany
N.Y
Joel R. Hanley
Thomas E. Dewey
Lanning
Dewey
Hanley
Herbert H. Lehman
Also Mentioned on This Page
Wall Street
Dixie Division
L.B. Leftwich
Yanks
U.S Third Infantry
Lambert
U.S. Tenth Corps
U. S. First Marine
Seventh Infantry
Changjin Reservoir
Stan Swinton
Cambert
K. A. Scott
Roy Magnusson
Athens 1
Shirley Landers
Mrs
George Brown
Columbia, Tenn
W. R. Wallace
Hartselle 2
J. A. Garner
Falkville 2
J. H. Burgess
Somerville 2
John C. Marsh
Madison
St. John's Episcopal Church
Tom Pettus
Moulton
H. F. Landers
Moulton 2
Robert S. Cowley
Hillsboro 2
Melby Hutson
Marlon
Eighteen and Half Avenue East
Truman Bentley
Charles Seidenspinner
Southeastern Bible School of Birmingham
Grace Baptist Church
Joe Bell
Highland Baptist Church of
Westside Baptist
Gordon McCaghran
Hartseller
Decatur General Hospital
Coleman F. ‘Peck
Baugh-Wiley Clinic
Floyd Chambers
Fourth Avenue West
Recorder’s Court
Marie Hardy
Ardmore, Tenn
Baugh- Wiley Clinic
Joseph McDonald
Decatur 3
E. E. Terry
Jessie A. West
H. W. Sanders
Floyd Elkins
Charles Rankin
Darlington School
Rome
Eee
Church of the Nazarene
H. M. Watson
Maurice Story
Clarence Story
E. Minor
Pulaski
State Post
Wouth
Shirley Story
C. E. Story
First Christian Church
Westside Presbyterian Church
Ninth Street Methodist Church
Selma
Casto Jarvis
Cedartown
Mr. Jarvis
W. J. Duncan, Jr
Hanceville
Hamil Clinic
Duncan
Duncan Cotton Company
George Wilson
Guin
Hamil Clinic Hospital
College Avenue
Athens
Highway Patrol
City Finance CO
2Nd Ave
Jones’ Recreation Hall
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