Nation's Armament Program Spurs Industrial Prospects Revaluation
Gardener York reports that the five billion dollar armament effort dominates business thoughts as the AP index rises to 102.1 back to mid February levels. Steel leads heavy industry with 84 percent capacity, while contracts for 22 naval vessels worth 327 million dollars and large woolen orders signal rapid mobilization of resources. Retail spending shows earlier improvement and cotton mills see hopeful activity as manufacturers anticipate scarcity of nonessential deliveries.
MENTIONED IN THIS ARTICLE
Revee
Gardner York
America
Associated Press
Washington
William S. Knudsen
Edward R. Stettinius, Jr
Cheese Industry Plans Move Forward Across Three Counties
Farm agents from three counties coordinate to place dairy animals with producers. Walter Clapton John Cooper Abner Sample and Barrett Shelton outline the new market and industry. Burns from Wilcox county explains profitable milk production emphasizing high quality milk milk twice daily and home grown feed to raise herd profitability.
MENTIONED IN THIS ARTICLE
Walter Clapton
John Cooper
Martselle
Abner C. Sample
Barrett Shelton
Burns
Wilcox County
Inrm
Markets show cautious gains amid war news and defense hopes
New York markets extended a recovery push with optimistic home business signals countering war bulletins. Trading was nervous with small pullbacks, transfers around 550 600 shares, and closing gains of 11 to 15 points. Sector leaders included U S Steel Bethlehem Crucible Chrysler Sears Roebuck Dow Chemical and Westinghouse among others. In Memphis, prime cottonseed meal futures closed steady with July at 22.00 and Sept at 21.00 amid light volume.
MENTIONED IN THIS ARTICLE
New York
France
U.S. Steel
Bethléhem
Crucible Steel
Chrysler
Sears Roebuck
Dow Chemical
Westinghouse
Johns+Manville
Eastern Kodak
International Paper & Power Preferred
Loft
American Car & Fdy
Baldwin Locomotive
Kennecott
American Smelting
Consolidated Edison
Santa Fe
Boeing
Douglas Aircraft
United Aircraft
Sperry
Memphis
Tenn
Markets Mixed as Steels Rally Amid Unsettled FX and Cotton Strength
New York report notes steels continuing recovery while bonds rise and Italian loans show no clear direction. Foreign exchange unsettled with sterling down and franc unquoted. Cotton firm on trade and local support. sugar markets closed Saturdays. metals quiet with tight copper supply. wool prices down as commission houses sell.
MENTIONED IN THIS ARTICLE
New York
Cotton futures rise as textiles, hedge activity drive gains
New York June 15 cotton futures advance 11 to 16 points amid active near term trading and strong textiles turnover. Wall Street and professionals buy on strength while hedging and profit taking are scattered. government parity payments debate warns of reduced funds under a higher basis.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Washington
House Senate
Cottonseed Oil Prices Steady in New Orleans Market
In New Orleans on June 15, cottonseed oil closed steady with values for prime bleaching and yellow refined grades listed. September at 6.228 bid, December 5.80 bid, with nearby months 6.10N and 5.74B noted.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures rise on favorable cables and reports
New Orleans June 15 cotton futures advance supported by strong cables and favorable tex te reports enabling a firmer tone in the market. Gains reflect improved demand expectations amid steady export activity.
MENTIONED IN THIS ARTICLE
N. O. Cotton
Orleans
Production growth with more producers and customers
The report notes continued growth with more producers and customers. The highest payment to a producer today was $60.00. In the first month, 275 producers sold milk to the plant from twelve routes.
Cotton prices rise at southern markets on June headline
In New Orleans on June 15 the average price of middling 15 to 16 inch cotton at ten designated southern spot markets was higher at 10.77. The 30 market days' average stands at 10.05, while middling 7 to 8 inch averages 10.58.
MENTIONED IN THIS ARTICLE
Nepw Orleans
Cotton market closes quiet with gains in New Orleans
Spot cotton in New Orleans on June 15 closed quiet with a 15 point rise. Sales totaled 211 with low middling at 10.20 cents, middling 11.20, and good middling 11.65. Receipts were 701 and the weekly stock at 602,808 bales.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat and grain prices reported in Chicago brief
Chicago market report shows cash wheat with no sales, corn No. 1 yellow at 65 to 66 and 1 to 2, No. 2 at 63 to 64, No. 1 White 76, oats No. 2 white 36 1 4, sample 34, barley making 55 to 60, feed 40 to 48, soybeans No. 3 yellow 78 1 4.
MENTIONED IN THIS ARTICLE
Chicago
Wheat prices rise in early Chicago trading
Prices for wheat advanced in early Chicago trading with fractional gains from the day before. Traders cited white flour sales to the government and Ireland seeking more American salt cargo as factors supporting firm tones on Pacific Coast wheat, with July and September futures showing small increases while corn rose modestly.
MENTIONED IN THIS ARTICLE
Chicago
Ireland
Pacific Coast
Chicago Markets Report Butter and Eggs Prices
Chicago market notes show butter at 1,134 and 667 for firm and unchanged levels while eggs at 27 and 520, with no change indicated. Prices reflect steady trading across main commodities.
MENTIONED IN THIS ARTICLE
Chicago
Nashville Livestock Market Report June 15
Salable cattle 25 calves 25. Steady versus last week. Grassy slaughter cattle slow. good and better fed scarce but firm. Vealers mostly 50 lower. Dry fed steers and yearlings 900-1000 pounds. prices 6.50-8.50 for common to medium. Fat cows scarce above 6.00. canner and cutter cows 3.50-9.25. Hogs 50 salable. steerage 150 pounds up 4.10-5.00. Sheep 100. good and choice ewes and wether springers 10.25-11.50. fat ewes to 3.00.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
U. S. Dept
Baptists Adopt War Resolution at Baltimore Convention
The Southern Baptist convention closed its sessions after approving war condemning declarations and a disapproval of President Roosevelt's envoy to the Vatican. Truett of Dallas will deliver the principal sermon at the final session. The social service commission report underpins most measures approved today.
MENTIONED IN THIS ARTICLE
Baltimore
Southern Baptist Convention
Roosevelt
Vatican
Truett
Dallas
Tex
Social Service Commission
Convention
Relief Bill Passes Senate For Over One Billion Aid
The Senate approved a relief bill totaling 1.224 billion dollars, funding national defense provisions and related aid. The measure advances to the House for consideration.
MENTIONED IN THIS ARTICLE
Washington
Senate
Allies Receive No New U S War Aid Decision, Lothian Says
After a 70 minute White House meeting with President Roosevelt British envoy Lord Lothian and French ambassador Count De St Quentin said no formal decisions were made on further Allied aid. Roosevelt urged the Federal Power Commission to ensure adequate defense power and interconnections while planning efficient use of existing capacity and expansion if needed.
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Lothian
Count de St. Quentin
Allied War Council
Bordeaux
France
White House
Roosevelt
Federal Power Commission
FPC
Leland Olds
Commission
Pepper
D-Fla
Holt
D-Wva
Norris
Ind-Neb
Germany
Rome- Berlin
Great Britain
United States
Senate
Naeljot
War Department
Plattsburgh
South America
Died by Own Hand Woodrow Handley Verdict
Coroner Bev Howell ruled 23 year old Woodrow Handley of Lacon died from ingesting carbolic acid. He, a brother and a nephew were en route from Cullman to Lacon when he drank it. He died after arrival at a Falkville doctor’s office. Burial set for Sunday at East Point Cullman County. Survivors include widow and several relatives.
MENTIONED IN THIS ARTICLE
Bev Howell
Woodrow Handley
Lacon
Cullman
Falkville
Bunday
East Point
Cullman County
Boose
Idson
Germans Seize Versailles Symbol as Paris Falls to War
French officials warn German forces near collapse and patch plans for new divisions from remnants. Crews of technical experts head to Paris to assess strategic command centers while a civil administration under German control is contemplated. Paris police and municipal services likely remain active, with Berlin signaling limited Maginot Line detail in coming communiques.
MENTIONED IN THIS ARTICLE
France
Reich
Palace of Versailles
Adolf Hitler
Paris
Berlin
Denmark
Norway
Luxembourg
Holland
Belgium
Maginot Line
France Under Attack as Germans Break Maginot Line
Allied forces retreat under relentless Nazi pressure as Maginot defenses crumble and over 200000 French prisoners are reported since June 5. British officials say a separate peace with Germany is not being considered while Weygand's troops stage counterattacks and Allied flanks face Italian harassment.
MENTIONED IN THIS ARTICLE
Maginot Line
High Command
France
Maxime Weygana
Poilus
Normandy
Louviers
Evreux
Champagne
Troyes
St. Dizier
Germany
Italy
Decatur News Roundup Highlights Local Moves and Church Notices
Mrs W F Lewis discharged from Baughs Infirmary. Bernice Dobbs returns home from same infirmary. Ben Collier visits from Route 2. Charles G Hardwick tours Montgomery. Mrs O R Powell leaves Bangles Infirmary for home. Mrs E E Brown hospitalized at Baughs. Mrs L L King at Baughs Infirmary. Grant announces birth of a son on June 15. Regular services at Grant Street Church of Christ. Lindsay Allen to speak. Vocational Bible School at St Pauls Lutheran ends. outing at White Springs. Pauls Lutherans to circuit meeting in Birmingham. Mrs E A Fennell visits from University of Alabama. Walther League meets June 23 at St Pauls. Betty Roddy visits from Cairo, Ill. Men’s Organization at First Presbyterian meets. talks on home missions. Mrs J D Barrett and infant moved from Baughs Infirmary. Miss Mary Louise Otte to two-week vacation visiting D C and Portsmouth. Miss Katherine Rhodes returns from Dallas. J Stroup moved to Austinville. Dr John C Cowell to resume pulpit July 7 Homecoming Day observed.
Soviet Ultimatum Pushes Lithuania Toward New Government
Moscow broadcasts report Lithuania accepted a Soviet demand for immediate troop access to vital centers to safeguard the mutual assistance treaty. Amid rumors of Merkys resignation and Rastikis forming a broader government, Britain urged volunteers for air force as mounting war anxiety spreads from Lithuania to Prussia and the Mediterranean fronts.
MENTIONED IN THIS ARTICLE
Der
East Prussia
Germany
Moscow
London
Lithuania
Mediterranean
Malta
Red
Aden
Genoa
Court of Justice
Antanas Merkys
Union Lithuanian
Stasys Rastikis
Russia
Vilna
Italians Face Probe Over Consular Conduct
Washington reports Secretary Hull says the government is examining alleged pro Fascist activity by Italian consular officials in the United States. He notes the Italian embassy dispute and says the facts will reveal any truth, without committing to the scope of the inquiry or possible FBI or Dies Committee involvement.
MENTIONED IN THIS ARTICLE
Washington
Hull
United States
State Department
Conf
Ascanio Coronna
Federal Bureau of Investigation
Dies Committee
Dr Harris Gregg to Speak at Central Baptist Church
Dr Harris H Gregg of Chattanooga a renowned pulpit speaker will address Central Baptist Church twice on Sunday at eleven AM and in the evening His morning topic is What the Lord Jesus Says Will Become of the Jews and his evening talk is The Lord's Expectation for This World both sermons apply Bible prophecy to current world conditions
MENTIONED IN THIS ARTICLE
Harris H. Gregg
Chattanooga
South
Central Baptist Church
Gregg
Soviet Demands Force Lithuania Accord After Finland Rejection
The Soviet note asserts Lithuania must allow an undetermined number of Soviet troops to be stationed, citing hostile acts against the garrison and alleged adhesion to an anti-Soviet alliance. Estonia and Latvia accepted terms. Finland refused and was invaded. The measure is tied to the Soviet-Lithuanian treaty and described as essential for its functioning.
MENTIONED IN THIS ARTICLE
Russia
Lithuania
Estonia
Latvia
Finland
Military Entente
Dispute Settled Between Soviet Union and Lithuania
Moscow announces a settlement over troop quartering with Lithuania after an alleged kidnapping and torture of Red soldiers. A Soviet ultimatum led to Red Army troops marching into Lithuania, with Juozas Urbsys accepting the agreement. Tass published the June 14 communique detailing the Lithuanian consent.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Lithuania
Red
Berlin
Red Army
Germany
Tass
Juozas Urbsys
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Jerels
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Bernice Dobbs
Baugh’s Infirmary
Prospect Drive
Ben Collier
Route 2
Charles G. Hardwick
Morgan County
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O. R. Powell
Bangle’s Infirmary
E. E. Brown
Riverside Heights
M. J. Grant
Grant Street Church
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White Springs
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The
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