Garner Plans Large Cuts in Exemptions to Broaden Tax Base
Vice President Garner endorses significant reductions in income tax exemptions to broaden the base. Married exemptions would drop from 2500 to 1200 and single exemptions from 1000 to 500, potentially raising taxes for many earners and pulling over two million people into the tax system. Leaders aim to study revenue structure during recess while House action on the 1.6 billion measure awaits presidential signature.
MENTIONED IN THIS ARTICLE
William B. Arder
Garner
Sng
Congress
Roosevelt
Senate
LaFollette
Barkley D. Ky
House
White House
Athens Lumber Co Awarded Contract for Office Building
The Athens Lumber Company has been awarded the contract to erect a brick veneer office building for the state highway department near the highway maintenance shop on Joe Wheeler highway. C. J. Sherlock announced the decision and said work would begin soon.
MENTIONED IN THIS ARTICLE
The
Athens Lumber Company
State Highway Department
Joe Wheeler
C. J. Sherlock
Fall in Birmingham fatality reports railing collapse
Mrs Lorene Pitts aged 55 died in Birmingham Alabama when her porch railing gave way causing her to fall to the gravel yard below. Neighbors said she was attempting to hand a bucket to a Black woman when the incident occurred.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Lorene Pitts
Market pull and edge in final hour on New York exchanges
The report notes buyers and sellers in a tense session with a slight edge to buyers as the final hour edged forward. Transfers ran about 175000 shares amid a mood of cautious optimism and mixed signals from the East. Stocks hitting yearly peaks included Loft and J C Penney with many blue chips trading near five year lows or midrange levels. Wheat closed little changed with July and September figures listed. Cottonseed markets in New Orleans closed steady with specific bid quotes for July through January.
MENTIONED IN THIS ARTICLE
New York
s@lers
Far East
Wall Street
Congress
Senate
Loft
J. C. Penney
U. S. Steel
Bethlehem
Chrysler
Yellow Truck
U. S. Rubber
Woolworth
International Harvester
United Aircraft
General Electric
Great Northern
Texas
Cotton futures close steady in New Orleans on June day
Liquidation of October was offset by covering and trade buying in other positions as cotton futures closed steady. July 9.54 and 9.56 bid ask spread, October 8.85 to 8.87, December 8.45 to 8.66, January 8.53, March 8.46, May 8.40 to 8.41.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures close lower amid mixed July to May positions
New York July cotton futures fall 3 to 1 high with late trading at 946 943 946. October 8.75 8.82 8.75 8.77 78. December 8.50 8.59 8.50 8.55. January 8.42 8.48 8.42 8.48. May 8.29 8.32 8.26 8.29 spot middling nominal at 9.91 with N-nominal.
Wheat market slips as corn drags Chicago prices
Wheat attempts at a recovery today faded as corn prices fell sharply, dragging Chicago futures lower. The decline in corn weighed on overall grain sentiment and prompted selling pressure during the session in futures trading.
MENTIONED IN THIS ARTICLE
Chicago
Butter Prices and Creamery Scores Reported in Chicago
In Chicago on June 24 butter prices and creamery scores are listed with figures such as 1 448,907 for butter and scores 93 and 92 for creamery. Fees total 16,710 with storage packed firsts at 16 1 2 and extras 16 3 4, other prices unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Cottonseed meal futures close steady in Memphis trading
Prime cottonseed meal futures held steady in Memphis on June 22 with 41 percent protein. Contract prices were 22.25 for June and 22.00 for July through November and also for December, with 22.10 for January. Sales reached 3,400 units.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Cotton Prices Hold Steady in New Orleans Auction
Spot cotton closed quiet with sales of 2200 bales. Prices: low middling 8.30, middling 9.52, good middling 10.00. Receipts 477, stock 4,111,343.
MENTIONED IN THIS ARTICLE
New Orleans
Market Tides Mixed in New York and Chicago Reports
In New York June 44 investors saw steady stocks with a few issues edging higher while bonds improved slightly and industrials attracted buying. Foreign exchange stayed even as the pound weakened modestly. Cotton showed irregular activity with foreign buying and hedging. Coffee and sugar closed. In Chicago wheat and corn fell, cattle and hogs held steady amid a generally quiet trading day.
MENTIONED IN THIS ARTICLE
New York
Chicago
Nashville Livestock Market Report
Salable cattle 25 calves 25 with strong week gains. Good cleanup across classes. fed steers and yearlings 8.25-9.25, grassers 6.50-8.00, cutters 4.00-5.25. beef cows and bulls 6.50 down. Top vealers 9.00. Hogs steady top 6.60 170-225 lbs. 120 lbs up 5.60-6.60. Sheep steady. late spring lambs to 9.50, fat ewes 9.75 down.
MENTIONED IN THIS ARTICLE
Nashville Livestock
Nashville
Tenn
U. S. Dept. Agr
Umpire Fined in Court Over Onfield Language
William Henderson, South Atlantic League umpire, convicted of using profanity after a Spartanburg versus Columbus game. He testified he used the phrase bunch of dirty bums and denied threats with a knife, while a bottle tosser was called a cowardly actor.
MENTIONED IN THIS ARTICLE
Spartanburg
3. C
William Henderson
Istrate
Columbus
Henderson
William Daveport
Walt Demopoulos
Huntsville Residents Shaken By Northeast Alabama Earthquake
An estimated 500 square mile area felt a 2 second quake waking hundreds in Huntsville and nearby towns. Police and power stations reported trembling phones and walls while residents compared the shock to thunder or an explosion.
MENTIONED IN THIS ARTICLE
Huntsville
John Roach
R. W. Callen
Monte Sano State Park
Monte Sano Mountain
Callen
Clyde Phillips
Margaret Hudson
Alabama Power
New Market
Scottsboro
Alabama
Phillips
Police Department
Tremor Shakes Tennessee Towns Near Huntsville Area
A half minute earth tremor shook Felt in Tennessee and nearby Payetteville at about 5:30 a m. Residents woke to a heavy roar and echo with no damage reported. Similar quake was noted near Huntsville Alabama.
MENTIONED IN THIS ARTICLE
Tennessee
Etteville
Tenn
Huntsville
Ala
Earthquake Jolts Salinas in Early Morning
A sharp quake struck Salinas California lasting about fifteen seconds at 5 02 a m local time 8 02 a m EST today causing minor damage and alarms in the community Authorities reported no fatalities and no major injuries as residents assessed aftershocks and checked structures for safety.
MENTIONED IN THIS ARTICLE
California
Salinas
Calif
Soviet France Confront International Tension Amid Russia Dust
The report covers a continuing struggle involving Foochow and Tokyo with battles near the Mongolia border where Soviet Russia clashes with Japanese supported Manchukuo. Japan claims 12 aircraft shot down and a total of 61 since Thursday, while France reviews the international situation with Premier Daladier and President Le Brun amid concern over Russia.
MENTIONED IN THIS ARTICLE
Foochow
Tokyo
Outer Mongolia
Daladier
Lebrun
Russia
G W Laboon Laid to Rest
Funeral rites for George W Laboon 74 prominent farmer of the White Oak section of Greenville were held June 22 at 5 from the chapel of Thomas McAfer Funeral Home. Dr B Rhett Turnipseed officiated in Spring Cemetery. Pallbearers included Clifton Tuchey Roy Pickens Bristow Green R L Batson Pred Laboon and Frank Laboon. honorary pallbearers Monroe Pickens RN Ward WT Melton AA Green. He died Wednesday morning in a Greenville hospital after a several day illness. He was born in Anderson County, lived in Anderson then Greenville for 19 years. He was a Buncombe Street Methodist and Mason. Survived by wife Virginia Pickens and three daughters Hattieburg Miss J D Ligon Decatur Ala B Kimbrough Oxford Miss. two sons Frazier P Laboon Washington DC George V Laboon Decatur Ala. three grandchildren. He also leaves two sisters and three brothers.
MENTIONED IN THIS ARTICLE
George W. Laboon
White Oak
Greenville
Etree
Etre Reat Breratrey
Tiv
Thomas McAfer
B. Rhett
Spring Cemetery
Clifton Tuchey
Roy Pickens
Bristow Green
R L. Batson
Pred Laboon
Frank Laboon
Buncombe Street
Alabama lawmakers draft bills to end mail absentee voting
Senator Verde Elmore reports subcommittee drafted bills to eliminate voting by mail and create pre trial hearings in Alabama courts. The letter cites fraud concerns and promises safeguards while noting expected savings for taxpayers and speedier trials in the summer session.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama
Verde Elmore
Judiciary Committee
Elmore
D. R. Boyd
E. C. ‘Boswell
Recess Committee On the Judiciary
New Pilot Club Officials Installed At National Convention
St Augustine Florida June 24 District governors were installed and awards presented at the Pilot clubs national convention. Louise Breen Waycross Georgia district one Klee Hix Birmingham Alabama district two Helen Chastain Jackson Mississippi district three Lola Skipper Ocala Florida district four Roberta Starling Columbia South Carolina district five. The St Augustine club won the Miami cup for civic work in towns under 20 000 population while Fort Worth Texas club earned the civic cup for public service in larger cities. The 18th annual convention concludes tonight.
MENTIONED IN THIS ARTICLE
ST. Augustine
Fla
Pilot Clubs
Louise Breen
Waycross
Klee Hix
Birmingham
Ala
Helen Chastain
Jackson
Miss
Lola Skipper
Ocala
Roberta Starling
Columbia
S. C
Fort Worth
Tex
France bans foreign propaganda along border areas
President Lebrun signed a decree striking at German propaganda by banning circulation of tracts from abroad. Washington leaders forecast quick congressional approval of the Anglo American cotton rubber barter deal concluded yesterday, as American representatives abroad pursued a similar Netherlands pact.
MENTIONED IN THIS ARTICLE
Lebrun
France
Washington
Netherlands
Contract Awarded for Gates at Marshall Ford Dam Texas
Secretary Ickes awards a $548 400 contract to Hardie Tynes Manufacturing of Birmingham and Koppers Company of Baltimore for 24 flood gate outlets at Marshall Ford Dam on the Colorado River near Austin Texas.
MENTIONED IN THIS ARTICLE
Washington
Ickes
Hardie- Tynes Manufacturing Company
Birmingham
Ala
Koppers Company
Baltimore
Marshall Ford Dam
Colorado River
Austin
Texas
Decatur News Briefs Highlight Local Events And Visits
Decatur diary notes Mrs M J Eakes of Pulaski is critically ill at home. Anglers Alvis Landers and Fantice Ray caught 11 largemouth bass weighing 20 pounds in Beulah Bay. A paying program meeting is set for Monday at 7 30 in city hall. Athens visitors attended Sixteenth Avenue Baptist revival. Local educators attended Alabama education conference. Several residents travel to Tuscaloosa for events and summer school. A Red Cross swimming class is to start at Seneca Pool Monday.
MENTIONED IN THIS ARTICLE
Alvis Landers
Fantice Ray
Beulah Bay
Railroad Street
J. D. Cloud
Senators End Speech Fest to Vote on Silver Price Fix
Western senators agreed to end a lengthy floor talk and move to a vote on a Pittman led amendment to fix the silver price at 127 dollars per ounce. The move came after a Saturday session to gather a quorum and amid broader monetary disputes over stabilization funds and devaluation powers.
MENTIONED IN THIS ARTICLE
Washington
Barkley
D. Ky
Pittman
D. Ney
Senate
Secretary of the Treasury
Pension Meet in an Uproar in Indianapolis
In Indianapolis the national convention of Townsend old age pension clubs erupted after speaker references to a revolt against leader Dr Francis E Townsend. Delegates cheered 72 year old Townsend while denouncing Harvey J Smith of Covington Kentucky as a would be challenger. Smith was absent. Weir of Los Angeles asked delegates for reaction to Smiths announced plans.
MENTIONED IN THIS ARTICLE
Indianapolis
Townsend Old-Age Pension Clubs
Francis E. Townsend
Smith
Harvey J. Smith
Covington
John Weir
Los Angeles
Calif
Also Mentioned on This Page
Athens Lumber CO
Tue Dairy
Tientsin
China
Medway
N. C. Cotton
N. Y. Cotton
Khutter
U. S
Finland
Treasury
Henry Morgenthau
Hjalmar Procope
Soviet
G. W. Laboon
Mail Ballotean
Ohio
Velma West
Hammer
Marysville, O
Virginia Brandy
Mary Ellen Richards
Florence Sheline
Decatur’s
M. J. Eakes
Pulaski, Tenn
A. W. Chapman
C. L. Compton
T. E. Williams
Athens
Sixteenth Avenue Baptist Church
W. T. Jordan
J. D. Reed
Tuscaloosa
Boyd. Puryear
Moulton Heights
E. G. Hamilton
Priceville School
University of Alabama
DeWitt Bagley
Ryan
George T. Woodruff
E. Alverson
Decatur Schools
P. Snuggs
Morgan County High School
Hartselle
I. Q. Quinn
Morgan County Schools
Douglas Reed
Decatur High School
Gladys Huie
Elkton, Tenn
Nell Rowe
E. Moulton Street
Paul Hampton
WPA
R. W. Shepherd and
A. B. Green
Ferry Street
Benevolent Society Hospital
Austinville Methodist Church
B. F. ‘Tingle
First Methodist Church
R. L. Johnson
James C
Red Cross
Seneca Pool
Trinity Mountain
John Roberts
Stanley Jones
W. A. Harris
Decatur
W. M. Sons
Route 3
J. M. Young
E. H. Pippen, Jr
Courtland
T. A. Royer
John Meadows
the Daily
Newton
N. J
Fanny
Sussex County
Iness
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