Government buy of private utilities sparks mixed congressional reaction
In January 1947 debate opened on Samuel Willkie backed plan to have the government purchase the Tennessee Valley private utility group. Rep Rankin favored but warned against inflated values while Chairman May opposed any price as state socialism. Senator King and Norris urged limited acquisitions to avoid duplicating lines and avoid excessive costs. Roosevelt hinted at halting holding companies, with recovery talks to continue this week at the White House and business council round table.
MENTIONED IN THIS ARTICLE
Tennessee Valiey
Congress
Wendell L. Willkie
Thern Corporation
Willkie
Rep
Rankin
D-Miss
House
May
Roosevelt
Business Advisory Council
Business Council
Whitehouse
Commerce Department
White House
Roper
Soviet Presidium Expands Powers For War State
In France report on Moscow moves shows Joseph Stalin named to the presidium of the Communist Party. The body empowered by constitutional amendment to proclaim a state of war or martial law in national emergencies. A Chinese dispatch cites aid from the Soviet Union to Chiang Kai-shek with Russian planes and pilots operating from a base near Shanghai against Japan.
MENTIONED IN THIS ARTICLE
Soviet Union
Joseph Stalin
Comunist Party
Chiang
Bonannee
Shanghai
Chinese Counterattacks Reported Across Fronts in China
Chinese forces said to have pushed back Japanese in multiple fronts from the Yangtze valley to Shansi and Anhwei. Generalissimo Chiang Kai-shek urged troops not to retreat while insurgent units and guerrillas struck Japanese columns and secured villages near Wuhu.
MENTIONED IN THIS ARTICLE
Shanghai
Yargtze
Chiang Kai-hek
Eighth Army
Shansi
Yangtze River
Nanking
Wuhu
Chwansha
Pootung
Padow
Suiyuan
China
Decatur minister claims divine guidance in missing girl case
The Rev Cowell described a sequence of visits by the Free family and others, saying God would reveal the girls' whereabouts within a set time. He reported prayers at multiple homes, contact with county and Texas authorities, and that the girls would be turned over to Decatur officials without charges.
MENTIONED IN THIS ARTICLE
Peace Preservation Corps
Chefoo
Peiping
Tsiwan
Eighth Army
Taiyuam
Shansi
NorthChina
Chu Teh
China
Shanghai
Mr. Cowell
Pree
Cowell
San Marcos
Owensboro
Decatur
Texas
Audria Free
Ford Motor Co. Attorneys Charge UAW With Constitutional Delusion
Louis J. Colombo of Ford Motor Co. lawyers filed a federal court brief accusing the United Automobile Workers Union of acting as if it alone has constitutional rights not subject to police regulations. The filing was reported from Detroit on January 17.
MENTIONED IN THIS ARTICLE
Detroit
Louis J. Colombo
Ford Motor Co
United Automobile Workers Union
Market Rally Pauses Amid Profit Taking On Wall Street
Stocks eased after a brisk opening as traders booked gains from last week. Declines led, with bonds and commodities uneven. Aviation and gold shares climbed on hopes of new military spending. utilities fell on possible government power-district moves. Cattle and hogs mixed with steady to weak tones.
MENTIONED IN THIS ARTICLE
Victor Eubank
New York
Paris
U. 8
Steel
Bethlehem
General Motors
Chrysler
U. 8. Rubber
du Pont
Allied Chemical
Anaconda
Kennecott
American Telephone
Western Union
Consolidated Edison
Electric Power and Light
Santa Fe
N. Y. Central
Union Carbide
International Paper and Power
Poultry Prices in Chicago Market Report
Live poultry prices across categories show steady demand. Hens over five pounds fetch 21 dog, 5 pounds and under 22 1 2, colored hens 20 1 2 to 23, broilers colored 20, turkeys hens young 28, toms 26 to 27, ducks 18 to 22, capons under 7 pounds 26, goose 19, dressed market steady with turkeys 24 to 28 for various weights.
MENTIONED IN THIS ARTICLE
Chicago
Plymouth
White Rock
Plymouth Rock
Dairy Prices and Eggs in Chicago Market Report
Dairy products in Chicago show steady butter at 637 055 with creamery specials 93 score at 32 3 4 to 33 1 4. Extras and firsts are quoted with varying cents per pound, while eggs total 11 374 with weak but graded fresh prices around 20 to 21 1 2.
MENTIONED IN THIS ARTICLE
Chicago
Cottonseed Meal Futures Mixed in Memphis Trading
Prime cottonseed meal futures closed steady with Memphis prices for delivery dates including January 24 at 24.00, February 23.35, March 23.00, April 22.50, May 22.35, July 22.55, August 22.60. Sales totaled 4,600.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Chicago Wheat Futures Slip After Late Market Reactions
Chicago wheat prices erased earlier gains as liquidating sales dominated. Lack of followup buying and weak European demand left May wheat at 97 1/4 to 3 8, July 91 1/2 to 5 8, while corn held near 60 and oats rose 1/8 to 3/8.
MENTIONED IN THIS ARTICLE
Chicago
Market Notes from New York and Chicago Trading Floors
Stocks heavy selling grasps utilities while bonds ease and rails fall. Curb lowers with utilities driving the decline. Foreign exchange mixed as franc recovers. Commodities see cotton soft, sugar weak, coffee easy on selling. Wheat soft on weak export demand. corn down due to Argentine rains. Cattle steady to two lower, hogs up 10 to 35 cents.
MENTIONED IN THIS ARTICLE
New
York
Chicago
Argentina
Cottonseed oil futures steady with varied prime grades
New Orleans mercados report shows bleaching price for prime summer yellow at 7.35, prime crude 6.12 1 2 6.25. Futures listed for Jan 7.10B, March 7.14B, May 7.16, July 7.21B, September 7.28B, October 7.28B.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures close steady with light gains
New Orleans January 17 cot ton futures closed steady to slightly higher with March at 863 and 867, May 870 to 873, July 876 to 877, October 880 to 881, December 882 to 886. Trading showed modest moves as investors weighed market signals.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures close with mixed gains in New York
New York agents report cotton futures finishing mixed on January 17 with March at 8.51 and May around 8.57 to 8.60. Spot cotton steady at middling 38.60 with ongoing market activity reflected in price quotes for several delivery months.
MENTIONED IN THIS ARTICLE
New York
Infant's Funeral Held at City Cemetery
Funeral services are set for 4 30 PM at city cemetery for the infant daughter of Mr. and Mrs. Sidney Patterson who died at Benevolent Hospital after a brief illness.
MENTIONED IN THIS ARTICLE
City Cemetery
Sidney Patterson
Benevolent Hospital
Tennessee Valley Authority chief ill in Chicago hotel
Dr A E Morgan chairman of the Tennessee Valley Authority is reported ill with a high fever at his Palmer House hotel in Chicago. A secretary's statement says he faces pneumonia risk but his condition is improving while he testifies before the FTC on the cement industry. Mrs Morgan travels to join him after a weekend in Chicago.
MENTIONED IN THIS ARTICLE
Knoxville
Tenn
A.E. Morgan
Tennessee Valley Authority
Palmer House
Chicago
Federal Trade Commission
Woolworth Fails to Secure Tax Credit in Supreme Court
Washington January 17 The P and P Woolworth Company failed in the Supreme Court to recover a claimed 558704 tax overpayment for 1922 to 1926 The court refused to review a Second Circuit ruling that Woolworth was not entitled to credit for British income tax withheld from dividends paid by its foreign subsidiary.
MENTIONED IN THIS ARTICLE
Washington
P-P. W. Woolworth Company
Supreme Court
Second Circuit Court of Appeals
Woolworth
Decatur Notes On Local Visits And Church Activities
Rev R D Cook returned from Tarrant City to help his sister Mrs M S Moncrief recover from double pneumonia He will resume the Bible study series at Memorial Drive Methodist Church Circle meetings are scheduled at the church and with Mrs Melville Holland Mary Lou Dancy Sewing Circle meets Tuesday with Mrs R E B Hewlett Capt Van Gilbert patrols after weekend no wrecks reported at patrol HQ New term opens at Alabama Business Institute Enrollments strong Misses Henrietta and Louise Cornhill visit Priceville residents Sunday school teachers meet at First Presbyterian Others attend and host in Decatur and nearby towns, with real estate outlook noted at 5041s Second Avenue in Bond Block.
MENTIONED IN THIS ARTICLE
R. D. Cook
Memorial Drive Methodist Church
Tarrant City
M. S. Moncrief
Mary Lou Dancy
R. EB. Hewlett
Naval facilities expansion approved in budget review
The committee increased the budget and approved extending the structural shop at Boston navy yard for destroyer construction plus building a storehouse and accessories at Mare Island navy yard California and improving the power plant at Pensacola naval air station Florida.
MENTIONED IN THIS ARTICLE
Commttee
Boston Navy Yard
Mare Island Navy Yard
California
Pensacola
Pla. Naval Air Station
Snowstorm Slams New England with Heavy Falls
A driving snowstorm blankets New England with Boston recording over two inches in the first nine hours. The wintry total climbs as the storm centers near Pittsburgh and stretches toward Maine Vermont and New Hampshire, with risk of further depth before nightfall.
MENTIONED IN THIS ARTICLE
Boston
New England
Weather Bureau
Pittsburgh
Maine
New Hampshire
Vermont
Youth Confesses to Slaying Man in Henderson
Sheriff J E Hamlett said Clarence Fairbanks a 20 year old from Baltimore confessed to killing Steve Good with an axe and wounding Mrs Good after Good struck him and broke the axe handle over his head followed by a confrontation with Mrs Good who joined the fray in North Carolina.
MENTIONED IN THIS ARTICLE
Mrs. Good
Decatur High Plans Assembly for Hurston Book Drive
The final report on funding copies of Their Eyes Were Watching God by Zora Neale Hurston will be presented tomorrow during the 10 o'clock assembly at Decatur Negro High School. All workers must submit their reports at that time.
MENTIONED IN THIS ARTICLE
Zora N. Hurston
Decatur Negro High School
Mrs Kite Sparks Slot Machine Crackdown Across Cities
Citizens led by Mrs. Kite mobilized to remove arcade machines, threatening armed action if necessary. In North Chicago the effort succeeded overnight as the machines vanished, while Peoria and Bloomington saw vigilante pressure and political fallout over city deficits tied to slot income.
MENTIONED IN THIS ARTICLE
Peoria
Tennessee Valley Council Scout Dinner in Athens
North Alabama Scout leaders gather in Athens for the annual Tennessee Valley Council Boy Scouts dinner. About twenty Decatur scouts will attend as Dr I V Legg presides, Rev U S Pitts offers invocation, Norris reports, new president J N Jenkins outlines 1938 objectives, and Silver Beaver honors are awarded to three local volunteers.
MENTIONED IN THIS ARTICLE
North Alabama
Athens
Tennessee Valley Council
Boy Scouts
Paul F. Dix
Decatur
I. V. Legg
U. S. Pitts
Ben-Bloom
Huntsville
Richardson
Norris
J. N.jenkins
Pravda Warns Informers Risk Arrest in Purge
A Pravda article warns that malicious or overzealous informers in the anti-Soviet purge risk arrest themselves. It emphasizes vigilance against betrayal and self-incrimination during the campaign.
MENTIONED IN THIS ARTICLE
Moscow
Communist Party
Pravada
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