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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 26, 1940
Page
2
Five month period shows exports at 1 717 276 000 with imports at 1 082 310 000 balancing a surplus over last year. May exports stand at 325 306 000 and imports 211 382 000 as trade shifts amid wartime embargoes and blocades.
Mrs Emma Kate Hill 83 a well known Limestone county resident died Tuesday at her Turner home. Final rites were held at 3 30 p m Wednesday at the residence by Rev Wilson and Rev A S Pitts of Athens. Burial was in Athens cemetery. She leaves several daughters and eleven grandchildren and seven great grandchildren.
The article notes a fleet possibly heading toward the Philippines could restrain actions in the region. The fleet had been in Hawaiian waters for two months after 1940 war games as Japan pressed Britain and France to cut China supplies. Tokyo reports say Japan sent warships to French Indochina as it seeks influence over France and Netherlands territories in the far east.
In Paama Panama June 26 unofficial reports say a special service squadron on the Pacific end of the canal has been provisioned possibly to sail out to meet the fleet. Some officials call it a secret move while others suggest a standard visiting tour to central and south American ports. Unconfirmed note recalls the fleet’s sudden departure from Hawaii and questions whether it will pass through the canal to the Atlantic or stay on the Pacific side.
The American Legion Auxiliary voted to place a float in the Patriotic parade on July 4 at Lyons Hotel assembly room. Parade committee member Joe Pettey spoke about floats while guests Lowery and Conley attended. Mrs. A D Markham, Mrs. LeRoy McEntire, and Mrs. Wessie Pilcher served as hostesses.
The Plain Dealer reports Republic Steel Corp and the NLRB have discussed a $2,000,000 blanket settlement of claims from CIO steel workers tied to the 1937 steel strike. The deal would cover back pay and losses claimed by union members.
Market news from New York shows stocks sliding as peace rumors swirl, with steel and aircraft shares hit hardest but recovering late. Trading volume around 700000, with widespread declines and a mixed bond and commodity picture across Chicago and Nashville livestock markets.
New Orleans reports demand for the spot month buoying the cotton market despite a favorable government weekly crop report. Closing prices were steady with minor gains and a narrow trading range across listed months including July October December and May contracts.
New Orleans notes show cottonseed oil closed steady with bleachable prime summer yellow at 5.95 nominal, prime crude 5.25, with futures or dated prices for July at 5.47B September 5.61B October 5.63B and December 5.69B.
Spot cotton in New Orleans closed quiet up 10 points. Sales 41. Low middling 9.90, middling 10.90, good middling 11.35. Receipts 5 547, stock 614 954.
In Memphis Tennessee on June 1926 prime cottonseed meal futures traded steady under pressure with July at 21.90 cents and subsequent futures at 20.55 19.80 19.90 19.95 cents. Sales stood at 800 contracts.
Chicago reports mixed prices for cash grain with No 1 corn at 75 1 2, No 1 yellow 66 1 4, No 1 white 15 1 2, oats varied with No 3 mixed at 34 1 2, No 1 white 94 1 2 to 35 1 2, sample grade 34 1 2, barley making 54 60, and feed 40 48.
Wheat prices fluctuated in Chicago today within a range of more than a cent as selling followed favorable weather while buying was prompted by reports of improving crop prospects.
All markets of the Commodity Exchange Inc rubber hides silk and metal futures will close Saturdays for ten weeks from July 6 through September 7. Only the cotton market and local securities exchanges will operate on Saturdays in July and August. The schedule mirrors last year’s pattern.
Johnny Rizzo drives in two with a single and a double then homers in the eighth inning with Chuck Klein aboard to lift Philadelphia past Pittsburgh 4 2 in the first game of a doubleheader. Vince DiMaggio homered for the Pirates in the seventh.
Senator McKellar urged a $25 million emergency TVA appropriation to boost electric power for aluminum production for the aircraft program and nitrates for munitions. He cited Stettinius and the budget bureau support, noting TVA power revenue and a plan to start Cherokee Dam construction with 65.8 million needed for 1942 upgrades.
The chief executive said at a press conference that 5000 young volunteers would be trained for reserve commissions with enrollment starting Friday and first training in mid July. The program targets unmarried American-born men aged 19 to 26 with at least two years of college. Cancelled Ford talks reportedly involved 9000 engines 3000
In Montgomery on June 26 the Alabama Senate failed to take up the Henderson-Malone proposal to make education an essential government function and automatically provide 3.12 dollars monthly per child. With only two days left in the 50 day session, no substitute could pass this session.
Huntsville visitors frame a busy week with Frances Pettus and Martha Byers staying with locals. Youths attend a Fish Fry at the Elks as boxing cards loom. Presbyterian picnic, baptisms, and church events fill the schedule along with midweek religious talks and parish meetings.
Former Hoover lieutenants filled the audience as talk of Hoover's fall campaign dominated the hall. Joseph W. Martin of Massachusetts restored order with his gavel as delegates paused plus prepared for a platform vote and speeches by contesting candidates.
Philadelphia June 26 Southern Republicans must produce one thousand ballots per district delegate to national conventions under a new party rule. The rule aims to align Southern delegate strength with Democratic Dixie voting strength. J O Hipp of Ellijay served on the rules committee.
The text notes no averment that a Democratic primary was held for the northwest district commissioner or for the northwest district revenue board. It also states no proof that illegal votes would yield a legal majority for the contestant, or that removing them would leave the contestant with more legal votes. The petition prayer is absent, and the contest is moved to be stricken and dismissed.
In Monts, a temporary American embassy office has been established at the Chateau of Charles E Bedaux. The site marked the historic marriage of the Duke and Duchess of Windsor. The move comes by air via plan courier to Berlin.
Reports from Detroit indicate Ford plants have begun tooling and engine production steps for a war order. Negotiations began May 31 as a $43,000,000 appropriation funded the project, with the United States and Britain contributing 6900 and 43000000 respectively in early discussions.
The British claim bombers failed to damage Naples after anti aircraft and fighter responses. German communique boasted successful bombings of English airports and factories. Berlin and Rome outlined armistice terms affecting France, with occupation of large parts and disarmament.
Charles Richard Pullen 84 died at 8 20 Tuesday night at his home 202 Ferry street funeral services were held at the home at 3 30 Wednesday afternoon by Rev D C McNutt pastor of First Methodist church Burial was in Roselawn cemetery Drankard in charge He is survived by three sons Charles A and Julian R Pullen of Akron Ohio Vernon C Pullen of Decatur a daughter Mrs R S Carson of Atlanta
Harold Fisher of the State Chamber of Commerce publicity department and W D L Robinson and W A Shafer of the Tennessee Valley Authority publicity staff conferred Tuesday on coordinating nationwide publicity for Wheeler Lake recreation facilities. The chamber recently distributed much information on camp sites in the area. Decatur and nearby regions expect significant publicity next winter and early spring as state advertising begins, with the city on a main tourist artery from the Midwest to Florida.
The analysis notes Japan pressuring Britain over Burma and Hong Kong while considering protectorates in French Indo China and the Dutch East Indies. It suggests German acquiescence and hints at a broader Monroe Doctrine aimed at cutting western influence, with Hitler perhaps approving Japan gains in Asia.
In New York on June 26, the keel of the battleship Towa will be laid at the Brooklyn Navy Yard with no public ceremonies. The Towa, a 45,900-ton vessel, is one of four 45,000-ton ships authorized under the navy expansion plan.
John William Harter, 43, a former bank clerk, pleaded guilty in Birmingham to sending threatening letters to his former wife, Ruth Harter of Muncie Indiana. Federal Judge T A Murphree scheduled sentencing for July 11.
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