Expanded Defense Program To Swell Expenditures Past Ten Million Mark
Washington reports budget estimates show defense spending rising to 83 600 000 000 for the coming fiscal year and the deficit near 4 173 700 000. Treasury receipts from existing taxes rise to 6 261 000 000 with an expected 525 000 000 from new taxes. If enacted, new taxes and spending would push the 1941 deficit to about 3 665 700 000 as expenditures total around 9 050 000 000.
MENTIONED IN THIS ARTICLE
Washington
Budget Bureau
Treasury
Congress
Wen
Allied press sees hope in rescue effort for captured airmen
Report quotes the press association on hopes for the rescue of German airmen captured after a bombing raid. It notes a combined British and French operation in Flanders and cites plans to evacuate 47,000 children aboard 27 special trains to safety in new reception areas.
MENTIONED IN THIS ARTICLE
England
John Moore
Flanders
Britain
Summer School To Open Monday At Junior High
Prof. W. R. Riley announced the first six weeks summer school will open Monday at the Junior High building. Students should report to classes at 8 o'clock Monday morning.
MENTIONED IN THIS ARTICLE
W. R. Riley
Decatur's Diary Witnesses Air Carnival Plans and Local Visits
Decatur notes reflect Birmingham air carnival attendance by Carrel and Tankersley. Local residents report visits, engagements, and travels including Maryville college graduation trip, air carnival plans, and church activities. Several residents, including Irma Andrews Winston and Reneau Carroll, comment on daylight saving time.
World War II Daily Conflicts Report From Front Lines
Paris communique pledges alliance resolve to pursue victory. Weygand strengthens line across France while Somme battles intensify. Italy’s entry discussed as Hitler meets Alfieri. British air force launches attacks. Hungary aligns with Rome Berlin axis as Balkans theater looms.
MENTIONED IN THIS ARTICLE
Supreme War Council
Paris
Weygand
France
Montmedy
Abbeville
Somme
BEF
Italy
Adolf Hitler
Dino Alfieri
Berlin
Joachim von Ribbentrop
Fid&ders
British
Air Ministry
Fleet Air Arm
Balkane
Hungary
Germany
Alabama Bar Requires Applications to Study Law in 1940
Alabama lawmakers require all prospective law students to file an intent application with the Board of Commissioners and pay a $1 fee before August 1 1940. The board’s character and fitness committee can block registration if qualifications are lacking and applicants must secure three attorney recommendations. University of Alabama graduates may join without exam. others must file before starting studies and meet pre legal education rules.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Board of Commissioners
University of Alabama Law
The
Bar Association
Bar
Character and Fitness Committee
British freighter Harpoon in distress off Florida coast
The British freighter Harpoon reported in distress today south of Miami. The coast guard cutter Pandorg was sent to her assistance on her first voyage under the British flag after being purchased recently from American interests in New York.
MENTIONED IN THIS ARTICLE
Key West
Fla
Harpoon
Miami
Coast Guard
Pandorg
New York
Defense Measures Move Toward Swift Navy Funding
A conference settlement on the navy department appropriation bill totals 1.474 billion dollars opening path for early approval. Roosevelt seeks authority to use dollar a year men for voluntary service as in WWI. Ford and Mead discuss potential airplane production. Berle urges labor cooperation to keep defense work smooth amid shipyard strikes. A plan offers two shipyards to shorten destroyer building time and debates no strike contracts for defense workers.
MENTIONED IN THIS ARTICLE
Navy
Department
Roosevelt
Speaker Bankhead
Edsel Ford
Ford ‘Motor “Company
George Jackson Mead
Treasury
Ford
Adolf Berle
Berle
New Jersey
Kearny
N. J
Hoffman
R-Mich
Dies and Barker Press TVA Communist Probe
Rep. Mason dies committee investigator Robert B. Barker reportedly spent seven weeks gathering witnesses in Tennessee and Alabama. Barker pledged to expose any Communists in the TVA, but he refused to discuss certain details.
MENTIONED IN THIS ARTICLE
Mason
Robert B. Barker
Dies
Tennessee
Alabama
TVA
Presidents' picks for production and materials coordinators
The article notes that the authority to enforce industry directions lies with the coordinators rather than the president. It cites William S. Knudsen of General Motors as production coordinator and Edward R. Stettinius of United States Steel as raw materials coordinator as reasons for the chosen appointments.
MENTIONED IN THIS ARTICLE
William S. Knudsen
General Motors
Edward R. Stettinius
United States Steel Corporation
Athens to Vote on Time Change in Special Election
Athens Alabama will hold a special election next Tuesday to decide whether to revert to standard time. Local agencies including farmers, the post office, and the railroad station operate by sun time, so the city asks residents to indicate their preference.
MENTIONED IN THIS ARTICLE
Athens
Ala
Market drift as war fears curb active trading in New York
War uncertainties kept stock buyers cautious with leading issues slipping fractions while transfers ran about 300 000 shares. Analysts cited possible Italian entry and a fresh market shock but held that the administration's vast armament program could buoy industries despite trade reverses. Major laggards included U S Steel Bethlehem United Aircraft and Douglas. resistors included American Telephone Southern Pacific and Phelps Dodge.
MENTIONED IN THIS ARTICLE
New York
Italy
Nazia
U. S. Steel
Bethlehem
United Aircraft
Douglas Aircraft
Lockheed
Sears, Roebuck
Montgomery Ward
Westinghouse
du Pont
Johns Manville
American Smelting
Great Northern
Texas Corp
American Telephone
Southern Pacific Sperry
Allied Chemical
Phelps Dodge
General Motors
Chrysler
Markets At A Glance And Cotton Prices June Report
New York markets show easy stocks and drift for leaders with mixed bonds and narrow sterling decline. Copper supports steady metals while wool tops rise on buying, and wheat corn cattle and hogs hold firm. In New Orleans, cotton futures ease on weekend liquidation with closings steady down a few points, spot cotton quiet.
MENTIONED IN THIS ARTICLE
New York
Cotton Prices and Seed Meal Futures Report
Average middling cotton across 10 Southern markets edged down to 10.10 cents a pound with a 30 day average of 10.15. Midling 7-8 inch averaged 9.92 cents. Memphis futures for 41 percent cottonseed meal closed dull with July 23.60, September 21.40, October 20.50, December 20.50, January 20.35. Sales totaled 900.
MENTIONED IN THIS ARTICLE
New Orleans
Memphis
Tenn
F.O.B Memph's
Cottonseed oil prices steady in New Orleans trading
On June 1 in New Orleans the market showed steady closes for cottonseed oil with Bleachable prime summer yellow at 5.80N and prime crude nominal. July 5.48B, September 552B, October 5.54B, December 5.65B, with December 5.65B repeated. N stands for nominal and B for bid.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat and grain prices in Chicago market report
Chicago grain prices show no cash wheat sales. Corn No. 1 yellow 64 3 4 to 66 1 4, No. 2 65 3 4. Oats No. 2 white 37 1 4 to 38 1 2, No. 3 36 36 1 2. Barley malting 55 to 65 nominal, feed 40 to 50 nominal, No 2 malting 62.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Prices Climb Then Rally on Chicago Markets
Wheat moved near steady to higher intraday, then dipped below previous close before recovering. July wheat closed 82 7/8 cents, September 82 1/4 to 82 1/4, corn up 1/8 to 3/8 cent with July at 61 1/2 and September 60 7/8, quotes mixed with outs steady.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Dairy and Produce Prices Report
Chicago price report lists butter at 1 804 165 steady creamery 89 score 24 88 23 1 2. Eggs at 34 448 weak fresh graded extra firsts local 15 3 4. Cars firsts local 15 1 2 15 3 4. Current receipts 13 1 2 dirties 12 1 2 checks 12 1 4 storage packed extras 16 3 4 firsts 16 1 2.
MENTIONED IN THIS ARTICLE
Chicago
Nashville Livestock Report Highlights Steady Trade
Nashville Tenn June 1 stock market bulletin reports salable cattle 50 calves 50 with bulls and calves mostly steady today. demand strong across all classes compared with the prior week and active trade noted for bulk lots.
MENTIONED IN THIS ARTICLE
Nashville Livestock
Nashville
Tenn
U. S. Dept. Agr
City B T U Meeting Set
The City B T U plans a 2:30 p.m. Sunday gathering at Pleasant Hill Baptist Church with a full program. C L Buck leads song service, devotion at 2:40, Central Baptist girls quartet at 2:50, departmental conferences at 3:00, and a Southside B T U program at 3:25.
MENTIONED IN THIS ARTICLE
B. T. U. Mee
Pleasant Hill Baptist Church
B. T U
C. L. Buck
Central Baptist Girls Quartette
W. E. Waterhouse
R. A. Lee
Nell Safley
Forney Steenson
Central Baptist Quartette
Southside
New Customers Push Alabama Dairy to Record Milk Total
Several new customers on the milk routes sent the total amount of milk received at the Alabama Dairy Products Plant today to a new high mark of 10,818 pounds. The industry, one month of operation, has seen the gradual rise in the volume of milk from day to day. Another shipment of cheese is about ready for the wholesale market in Nashville.
MENTIONED IN THIS ARTICLE
Alabama Dairy Products
Nashville
Livestock Prices From Local Market Report
Slaughter heifers and yearlings sell 7.00 to 8.50 with good sizes up to 9.00. Steers and yearlings bring 9.25 to 10.25, cows 5.75 to 7.00 with add ons 1.75, canner cows 3.50 to 5.59. Bulls 6.00 to 6.85, top vealers 10.00. Hogs steady with 150 lb plus at 4.55 to 5.45. sows 3.15. Sheep and lambs salable with lambs 12.25 to 13.25, medium 9.00, ewes 3.00.
Also Mentioned on This Page
Davidson Coal & Feed CO
WPA
Decatur
Decatur’s
Carre
Jack Tankersley
Birmingham
Air Carnival
Bill Sample
Sweetwater
Mrs
Reneau Carrell
Ethel Mac Orr
Crnstable Brooks
Sheffield
Noke Brock
Hollywood
California
Mr. Brock
John L. Brock
Irma Andrews Winston
Here
Maynard Layman
Maryville College
James Self
Hartselle
T. M. Johnson
Hamil Clinic
Oak Street
Herbert’ Walker
Hami
Seventh Avenue
William Benson
Imogene Henderson
Union Grove
Woman's Division of Christian Service
Memorial Drive
Methodist Church
C. P. Parker
D. E. Warren
Percy Garnett
Ae Tg
Memorial Drive Methodist Church
Church
Phil Vaughn
Claude Wilson
Jerry Johnson
James Wright
Melvin Oliver
Jerry Clifford
Ben Coolidge
Marcella, Jeah
Nathalia Douthitt
Douglas Brocl
Ardmore
Merle Whitt
Jane Douthitt
M. Y. Douthitt
Tanner
Jean Lansdell
Town Creek
Drayrhon’s
Business College of Nashville
Church of Christ
Nineteenth Avenue
Barbara Meadows
John Meadows
Greenville
H. L. Peterson
John Peach
Toynchburg
Randolph Macon’ Woman's College
Bessie Peach
Virginia
Reneau Carroll
John A. Caddell
Paducah, Ky
Edith Crawford
Bernice Dobbs
Prospect Drive
Baugh’s Infirmary
M. E. Peppers
Baugh's Infirmary
Floyd Hendrix
Grant Street
Mamie Johnson
Route 1
J.C. Hopkins
H. C. Miller
Somerville
Roy E. Sims
Moulton
L. H. Fuller
Trinity
Mattie Eaton
City
F. W. Horton
Winston Powell
Clanton
O. O. Sims
Emily Alexander
Points
Florida
Nelson
City Electric Dept
Huntingdon College
Gladys Jolly
Glasgow
Loyd’s
Wall Street
Beco
Spot Cotton
Insuranc
Lr.rankin
Morgan County
Morgan
Valley Counties
Board of Revenue
Wallace H. Meadows
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