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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Mar 15, 1941
Page
2
Tax deadline signals a rush of payments from about 15 million individuals and 500 thousand corporations. Treasury officials project total daily receipts near a billion dollars, with first 12 days of March yielding 143 million. Officials also plan large borrowing and defend proposed budget increases tied to defense needs.
The article warns Britain must bolster anti submarine defense as U boats threaten to cut shipping lanes and American aid. It notes the Royal Air Force holds its own but needs more equipment and cites Admiral Noble named to command Western Approaches. Lack of Irish naval bases is highlighted as a historic weakness.
Wall Street firms posted modest gains with leaders in the back, turnover around 300 000 shares for a Saturday. Amid labor tensions investors anticipate possible government mediation to ease worker disputes. Bullish notes from commodities persist while tax fears hover. Notable year highs included Molybdenum Continental Baking Newport News Shipbuilding and Wesson Oil. Bonds quiet. Livestock prices mixed with cattle strong to 25 higher and hogs steady to 2.50 higher. fat lambs around 15.00.
On March 15 market summaries show stocks steady with favorites trading high as specialties remain popular. Bonds are quiet though long term government issues improve. Cotton and sugar rise with demand from Bombay New Orleans and Cuban trade. Metals steady amid softer export copper demand. Wool tops fall in Boston. In Chicago wheat leads gains with professional and mill demand, corn firm with wheat, cattle steady and hogs steady top at 8.05.
Trading on March 15 sees cotton futures rally to the highest levels since March 1940 before profit taking trims gains. Close is steady with mixed daily moves across contracts including May at 10.89 and Dec around 10.83.
New York March 15 reports a late session rally in cotton as Bombay mill and New Orleans buying push prices higher before turning lower. Final quotes show May to March futures around 10.8 cents, with slight declines and spot middling at 11.14 cents, up 0.4.
The average price for middling 15-15ths inch cotton in ten southern spot markets on March 16 fell by 2 points to 10.66 cents per pound. The thirty day average stood at 10.26 cents, with middling 7-8ths inch averaging 10.45 cents.
New Orleans March 15 spot cotton closed steady but 3 points lower. Sales 525 bales. Low middling 9.44 cents, middling 10.89, good middling 11.44. Receipts 2,527 bales, stock 539,173 bales.
In New Orleans on March 15 cottonseed oil closed steady with notable bids and asks. Prices listed include prime crude at 6.25 cents, March at 6.95, May at 6.99, July at 7.99, September at 7.20, and October at 7.23 cents per pound, with B bids and A acknowledgments.
Primé cottonseed meal futures closed steady in Memphis with March and May contracts listing 2405 and 24.15 respectively and July 24.45, September 24.75, and October 25.05. Total sales 3,100 units recorded.
Nashville Tennessee reports slight changes in cattle and calf values with good market clearance. Salable cattle 125 and salable calves 28 indicate steady demand noted by U.S. Department of Agriculture observers.
Chicago March 15 butter receipts reach 650 463 tons with a steady market. Pay receipts 20 167 firm. storage packed 19 14. Other markets unchanged.
Chicago March 15 wheat cash market reported no sales. Corn prices listed for various grades including old No 1 adlae 68 68 1 2 new No 5 mixed 60 and other No 2 to No 5 grades. Soybeans No 3 yellow 1.01 3 4 with oats and white varieties also quoted.
Lt. Charles Minn March 15 A 27 year old man in grey civilian clothes Arthur Donahue returns to a southeastern Minnesota town of 1500 after serving in the Royal Air Force in England He declares bluntly The British will win He plans to return to Canada in a week He comments on German air forces and invasion prospects noting German air power weak when not in mass formation The local reception is restrained and hopeful about the war effort.
The State Department reported that Mrs. Etta Kahn Shiber, an American widow of a New York newspaperman, was sentenced by a German military court in Paris to three years in prison for aiding British fugitives. The embassy noted strong defense in German court and that two co-defendants were sentenced to death while four others got prison terms. The department intervened to seek her release.
Istanbul reports Ikdam says Turkey remains non-belligerent ally of Britain and loyal to its allies. The paper notes ties with Eden and Dill were tightened by recent talks, while Hitler's note is viewed as politeness and no official reply is confirmed.
Falling temperatures and widespread cloudiness cover about three quarters of the nation with moderate weather except Florida, South Beach, and South Alabama. Snow centers in Illinois Iowa Minnesota and Wisconsin while Florida citrus belts dip to 30 in Ocala. Tampa and Tallahassee report frost and subfreezing readings. Coldest spots in New England with 10 11 degree readings in Portland ME and Houlton ME.
The communique notes lighter damage from last night’s attacks than the previous night while a northeastern British city faced heavy bombardment but with casualties described as not large. London endured a shower of fire bombs mostly extinguished promptly as officials report Mussolini’s Albanian efforts flounder and that Greek line holds. An American reporter in Berlin, Richard C. Hottelet, is said to be under espionage suspicion per DNB though UP states no confirmation. In Tokyo Asahi forecasts major political shifts by April 3 including a one party system, with Konoye driving a proposed East Asia League modeled on Axis powers.
A national defense class of pre employment in auto care and operation will be taught by Carl T. Jones at the county school garage on Bee Line Highway near Decatur. Classes run 6 to 9 each Monday through Friday night. contact Jones at the garage or Prof Irwin J. Quinn, county superintendent of education.
Vatican City officials say Pope Pius XII will give an important Easter speech on war and peace. He will celebrate a solemn pontifical mass in St. Peter's and is expected to deliver the homily in Latin, with a likely radio broadcast.
German raiders bombed the Glasgo w ski district killing 11 and destroying six houses as British planes attacked targets in northwest Germany and Holland. The RAF reported large scale actions in the Ruhr and Duesseldorf while ships, docks and airdromes were hit from Norway to Brest. Admiral Sir Percy Noble appointed commander in western approaches amid expectations of a long Atlantic struggle.
About 750 000 CIO workers are involved as strikes press for higher pay and shorter hours. In Edgewater New Jersey 3000 CIO employees at Alumindi Company of America fail to settle overtime and wage disputes. Manhattan transport remains heavily tied up as 3500 CIO workers strike and mediator Meyer leaves for Florida. A new 420 CIO workers walk out at Harvill Aircraft Diecasting in Los Angeles. AFL riggers at Ingalls shipyards in Pascagoula plan to return to work under a temporary arrangement. About 250 AFL building trades members resume work at a Washington area army medical center amid non union labor protest. Pennsylvania Governor sends state police to Bridgeville V skid plant to safeguard material removal from a strike site.
Santa Maria hosts a large cadet training school but lacks young women to dance with cadets. Santa Barbara provides volunteers through a semi military group with chaperones. Buses ferry the girls to the academy for formation checks and flying demos, then dinner and dancing until midnight.
The House foreign affairs committee notes it would take two to three months before the aid program could really get going, signaling a delayed rollout and preparedness concerns.
Decatur notes show visits by Mr. Loyd Sparkman and daughter from Guntersville to Austinville, services planned at Fairview Baptist and Austinville Church of Christ, and a series of illnesses recoveries and travel reports. Street repairs in Levee Street progress amid community updates and a birth announced for Decatur route 2 residents.
The Decatur Cheese Plant reports its February milk payroll at 6032.09, the largest monthly payout since opening May 1, 1940, raising total farmer payments to 51567.52 over ten months. New equipment was installed in anticipation of rising milk volume as production enters peak season.
A 42-year-old railroad worker Guy Marasco shot his wife after she refused $1, wounded her, killed her father Ralph Gaglidio, 62, and then killed himself at their Mt. Washington home near Pittsburgh. Mrs. Anna Marasco, 32, was dying in hospital. The couple’s five children witnessed the shootings.
Rehearsals for the Elks Charity Minstrel In The Money progress daily under Sherman Powell as general chairman. The Riverside auditorium show on March 27 and 28 benefits the Crippled Children's Fund with numbers like Maid's Day Out featuring Barbara Moore and Buddy Rogers among the cast.
Chief Vaughan said Morrow, afraid, burned evidence and threw the weapon in a lake. Morrow led police to the recovery spot where a hammer was found by a diver. Allen and Hogan were arrested near Brooksville after blood was seen on clothing and the getaway car. The suspects confessed to killing Mrs. Rawlins, with Hogan blaming Allen. Police found purse fragments amid ashes and noted about $90 missing from the victim’s pocketbook, including a $50 bill.
Key West Florida reports Circuit Judge Arthur Gomez granted a divorce to Mrs. James J. Walker from the former mayor of New York. Earlier petitions claimed cruelty but the judge found incompatibility and the divorce was finalized after the husband did not appear at hearings.
Co. H. Campbell, car inspector for the Southern Railway, was painfully hurt Friday when a hand truck loaded with blocks toppled onto him at the railroad station. He suffered a sprained ankle and several bruises and received medical attention.
P. W. Jones a 59 year old Canton resident and president of the Jones mercantile concern died today. He was an uncle of golfer Bobby Jones and established a tax and endowment fund to advance religion education health and agriculture in Cherokee County.
Boston March 15 The Collector of Internal Revenue Thomas Hassett ruled that a man who wishes to pay a small federal income tax in quarterly installments has a perfect right to do so even if the tax is only four cents. He may pay it in four installments, or any four quarterly payments totaling the tax.
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