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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jul 19, 1940
Page
2
Morgan County reports total enrollment of 9 506 for 1939 40 across elementary junior and senior high schools, up 227 from 1938 39. Daily attendance averaged 7 012 31, up 245 55, with holding power rising, especially in junior high grades, while data shows white and Negro enrollment and high dropout rates before twelfth grade.
In a recorded address Hitler claims England will be destroyed if it ignores his last appeal to reason. He accuses Churchill of prolonging war, blames Allied leaders for seeking conflict, and says a world empire collapse would follow a failed peace bid. He pins blame on Britain, France, and Chamberlain.
The McCullouch quartettes perform tonight at the Decatur courthouse under the Elks Lodge sponsorship. The 8 o'clock program features a male chorus of five quartettes as an added attraction. Rush Hart of Arlington, Texas visits family in Decatur.
The article covers Franklin D. Roosevelt's speech and actions at the Democratic National Convention. It describes Wallace's nomination and the attempts by Senator Barkley and others to unite delegates, McNutt's dramatic interruption, and the subsequent acceptance speech by Roosevelt outlining defense plans and national duty. Farley and party leaders discuss future campaign roles and headquarters plans.
Stocks barely move as Hitler addresses the Reichstag and traders retreat to the sidelines. Transfers for five hours reach 250,000 shares while the prior day’s total around 221,000 marks the smallest in 22 years. Futures close unchanged to 4 lower with minor fluctuations across contract months. Middling spot price cited at 10.49.
NC Cotton in New Orleans on July 19 reports futures easing under long liquidation and softer securities while closing prices finish steady to 4 points lower.
In New Orleans on July 19, cottonseed oil prices held steady with values for prime summer yellow at 6.05N and prime crude at 5.00B. Futures show July 5.57B and Sep 5.60B. Spot cotton market remained quiet with no sales, low middling 9.50N, middling 10.50N, good middling 10.95N. Receipts 692 and stock 554,893.
Prime cottonseed meal futures closed steady in Memphis with July 26 at 25, September 21.75, October 20.60, December 20.60, and January 20.60. Volume reported at 3,300 with F.O.B. Memphis pricing.
Markets show mixed moves with irregular leaders in New York stocks, bonds steady and narrow gains in corporates, and quiet foreign exchange awaiting sterling clarification. Cotton and sugar move higher on short covering, while wheat and corn rise in Chicago amid heat, hogs steady to 15 higher, top $6.85.
Salable cattle numbers near 100 for cattle and 150 calves with weak demand for general cattle but firm for fed types. Good fed steers and yearlings largely 6.00 to 8.00 with some 9.00 to 9.75 and bulls up to 6.15 while hogs around 5.80 to 6.80 and sheep near 8.25 to 9.25 for good wethers and ewes. Montana yearlings breeding ewes listed.
From Chicago on July 19 poultry live prices show hens steady and chicks easy. Broilers under 2 1/2 lbs and down sell at 2 1/2, Plymouth Rock 17 and white rock 15 1/2, springs 4 lbs up, colored 15 1/2, under 4 lbs colored 15 1/2. Bareback chickens 12 to 14, other prices unchanged.
Butter receipts total 1 070 708 with firmer tone and unchanged prices. Eggs receipts 18 504 with unsettled prices and no change in level.
The daily cash grain table in Chicago shows bid ranges for wheat corn oats and barley with various grades and sample figures. Specifics include No 3 red wheat around 76 1 2 to 77 and corn No 1 mixed near 65 3 4, with oats No 1 mixed around 31 1 4 to 81 1 2 and soybeans No 3 yellow at 83 1 2.
Chicago July 19 UPI reports a two cent advance in the price of December corn. The notice highlights market movement in grain prices and indicates buyers' sentiment for the coming harvest season.
Adolf Hitler warned Britain of a terrible response if peace talks fail and urged a "reasonable peace" on Nazi terms. In separate strikes, German bombers attacked Dover and other English targets while a Mediterranean clash near Crete saw the Italian cruiser Bartolomeo Colleoni sunk and 250 rescued by a British destroyer.
The grain market gained strength on hopeful news before a speech by Hitler. Later quotations eased from session highs with Wheat up 1 to 2-1 cent and July at 74 1-8-1-4. Corn rose 1-2-2 1-8 with July 63 and oats up 1-8-1-2.
Berlin presses warned against civilian snipers while Britain readied defenses for a potential cross channel invasion. German claims report sinking ships and submarines as Italian planes reach Gibraltar. Franco pledges 2 million troops for Gibraltar and Africa as Spain seeks expansion. American arrivals from the peninsula recount Nazi troops in Spanish cities. Paris papers critique Petain’s regime as Havana hosts Western Hemisphere defense talks. Japan says it seeks friendship with the US amid growing ties with Germany and Italy.
Alibi argues the Baker woman was in another part of town at work when the death occurred. The hearing is before Justice J. B. Dickinson at the courthouse with defense attorneys J. N. Powell and Sherman Powell of Hartselle and Newton B. Powell the county Solicitor for the state.
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