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Decatur Daily in Decatur, Alabama

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This newspaper page contains 31 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Sep 05, 1940

Page

2

Moratorium Sought On Jobless Benefit Taxes For Guardsmen Employers

Employers of guardsmen press for a one year moratorium on the 3 percent unemployment insurance tax in a plan presented at Social Security Board sessions. Wilbur J. Cohen noted the aim to prevent a repeat of World War II layoff spikes and to provide three to four months of benefits averaging 45 to 50 dollars for service members.

National Social Security Board Wilbur J. Cohen Cohen

Stock Levels Lifted Again in Active New York Session

The market posted wide gains in its most active session since mid June as trading leaders rose up to 1 and stocks traded around 40 a share. Over a million shares changed hands for the first time since June 28, with bonds and commodities advancing alongside stocks amid improved outlook on the foreign situation and industry.

New York

King Crisis Deepens in Europe Amid War Tensions

Regent leads force in Northern Transylvania as Hungary occupies ceded territory with Admiral Horthy on a white horse. Clashes erupt with Romanian peasants. over 150 reported killed at Sinhet. RAF bombs Berlin area and London rises to alert as German high command reports casualties. Mussolini’s forces claim naval air battles off Algeria and the Mediterranean. Mexico faces a crisis as Juan Almazan partisans claim victory and Avila Camacho supporters predict election outcome.

Carol Hungary Nicholas Horthy Transylvania Rumania Sinhet Hitler Englsh Germany Berlin Spandau Tiergarten Park London Northerrn France Luftwaffe Mediterranean Mussolini High Algeria Mediterean Dodecanese Islands Turkey Africa High Com

Markets rally extends on favorable war and business news

Wall Street firms led by U S Steel and Chrysler edged higher as traders awaited tax and conscription decisions and a possible shift in foreign outlook. Dealers moved about 1.3 million shares, the briskest since mid June, with notable activity in U S Rubber, Du Pont, General Electric, and Allied stocks amid cautious profit taking and price swings.

Wall Street Victor Eubank New York Churchill U. S. Steel Youngstown Sheet Chrysler U. S. Rubber al- Hed Chemical Douglas ‘Aircraft Sperry Lockheed du Pont J. ©. Penney Johns Manville

Market report briefs show mixed commodity and stock moves

New York stocks hold firm as lenders extend the rally while bonds rise in Britain and European rates stay steady. Cotton remains narrow with mill buying offset by hedge sales. sugar improves with hedge covering and new buying. Copper edges up 1 to 2 cents, wool tops rise on trading demand. Chicago wheat climbs as corn stays firm. cattle see best steers strong while hogs fall 10 to 25 cents, top at 7.50.

Nashville Tenn New York Chicago

Chicago Grain Prices Mixed on September Market Report

Chicago price quotes show No cash wheat and multiple corn and oat grades with varied bids. No cash wheat listed, Corn No 1 Mixed at 65, No 1 yellow 65 66.3-8, No 2 55-58, No 3 54 3-4, Oats No 1 white 32 1-4, No 2 32 3 2, No 3 31 1-2, White heavy bids 32 1-2 34, Red heavy 32 32 3-4.

Chicago

Butter market steady as receipts rise in Chicago

Butter receipts reach 1,250,308 with market unchanged in Chicago on Sept 5. Eggs receipts total 8,250 with firm, fresh traded prices and extra first lo cals at 19 3 4, cars at 19 3 4. Other prices remain unchanged.

Chicago

Poultry Prices Steady in Chicago Market

Poultry live in Chicago on Sept 5 shows 48 trucks and steady demand. Leghorn hens and white hens rise to 11 and 13 1 2 pounds respectively, ducks around 4 1 2 pounds, other prices unchanged.

Chicago

Cotton futures rise on price fixing and dry goods report

In New Orleans on September 5, cotton futures advanced driven by price fixing and a favorable dry goods report. Closing prices showed slight gains with mixed up and down movements across months including December and January contracts.

New Orleans Ecco

Austinville High and Elementary Open This Fall

Austinville high school opens Monday at 8:30 for 9th grade with an anticipated 500 student enrollment. elementary begins October 7. Fifteen teachers join including F W Briscoe and Mrs Floyd Landers. Judge Seybourne Lynne will give the principal address at 9:00 during an assembly for parents and students.

Austinville F. W. Briscoe Floyd Landers Seybourne Lynne Austinville School i

Market summary unclear with mixed futures data

Fragmentary New York futures page shows prices drifting with values around 9.0 to 9.4 for various contracts and months. Missing context prevents clear interpretation of the lead and outcomes.

Cottonseed futures steady as markets list prices

New Orleans market notes show cottonseed futures trading steady with bids around 6.00 for prime summer yellow and 4.87 to 4.88 for prime crude. Quotations for Sept Oct Dec and Jan March futures cited with bids present.

New Orleans

Cotton market closes steady in New Orleans

Spot cotton in New Orleans on September 5 closes five points higher at 65 middling 965x and good middling 10 10. Sales total 316 with receipts 4 418 and stock at 534 710. Singers 8.

New Orleans

U S Arms Sent to Britain Reportedly Reaches Front

The committee to defend America by aiding the allies says half a million rifles 80 000 machine guns 700 field guns and vast ammunition have reached England from the United States. Clark M Eichelberger executive director cites John L Balderston as source noting one in four British armed is equipped with US weapons.

New York Committee To Defend America England United States Clark M. Eichelberger Great Britain John L. Balderston Washington

Cottonseed Meal Futures Close Firm in Memphis Trade

Prime cottonseed meal futures 41 per cent closed firm in Memphis as of Sept 5 with closing prices for Sept 24 at 10.10, Oct 22.20, Dec 21.50, Jan 21.00, March 21.60, May 21.60. Bales traded 2,300.

Memphis Tenn

Bankhead and FDR Plan Southeast Democratic Campaign

Senator John H Bankhead of Alabama met with President Franklin D Roosevelt to coordinate a southeastern campaign headquarters covering Virginia through Mississippi. Bankhead will tour Birmingham to set up operations at the Molton Hotel and direct efforts across eight states including Alabama and Georgia.

Washington Bankhead D-Ala Roosevelt Birmingham Southeastern Molton Hotel Alabama Virginia North South Carolina Georgia Florida Tennessee Mississippi River Mobile John H. Bankhead Senate

Democratic Party 1940 Book Released Free Distribution

The Democratic Party distributes a new 184 page book of advertising and information in New York on September 5. After Wendell Willkie challenged Hatch Act limits, Attorney General Robert H. Jackson advised sale would violate the act. The DNC crossed out the 25 cent price and will hand out copies free.

New York Wendell L. Willkie Robert H. Jackadd Democratic National Committee

Navy sends aged ships to Britain amid Boston yard activity

Nine overage vessels manned by American skeleton crews sailed from Boston harbor bound for Canada in a staged Exchange with British crews to operate on the high seas. The destroyers Aaron Ward Hale and Upshur 314 feet long 1100 tons each carry four inch guns and torpedo tubes and can reach 35 knots. Unofficial reports say four ships may sail soon and others may arrive back at the yard for repairs. Officials declined to identify the vessels or their destinations.

Travers Great Britain Boston Boston Navy Yard Navy Yard Atlantic Canada Aaron Ward Hale

Home defense urged by LaGuardia before Senate

Mayor LaGuardia urged Congress to authorize nationwide home guards with federal arms uniforms and supervision. The wartime flyer and defense board member testified before the Senate military committee supporting a bill sponsored by Chairman Sheppard and others.

Washington LaGuardia New York Congress United States United States-Canadian Defense Board Senate Sponeres Sheppard

British Fleet Bombards Dodecanese and Rhodes

ROME FLEET DUCKS FIGHT BY LARRY ALLEN reports Britain’s Mediterranean strike against the Dodecanese Islands and Rhodes. Cruisers and destroyers bombarded Scarpanto while bombing planes hit Morizza and Calato in Rhodes, with hangars, ammunition dumps, barracks, and workshops set ablaze.

Larry Allen Mediterranan Britain Italy Dodecanese Islands Scarpanto Rhodes Mediterranean Mussolini Morizza Calato

Tempers Boil as Congress Debates Traitor Charge

A heated congressional session featured insults and a disputed traitor charge. Vincent faced boos and calls to eject him after alleging a member was a traitor. the word was later stricken from the record as debate over conscription stretched to midnight.

Congress of the United States Congress Vincent

Americans Freed by Nazis After Ship Attacks

Deutsche Allgemeine Zeitung reports six Americans sent thanks for careful treatment after their ship was seized by German warships and taken to a French port. A non commissioned German naval officer aided their overland journey through German occupied France to the Spanish border. Named signers include Roy O Yoder Bessie M Yoder P A Schmallenberger Jessie M Nicholson Frank J Kuntaner Zola c Kuntaner and Henry Waterman US consul at Bordeaux sent acknowledgment letters.

Berlin Deutsche Allgemeine Zeitung South Africa Iran Spain France Roy O Bessie M. Yoder P. A. Schmallenberger Jessie M. Nicholson Frank J Zola c. Kuntaner Henry Waterman United States Bordeaux Americans’ Guide

Willkie summons campaign aides for organized drive

In Bushville Indiana Wendell L Willkie urged about one hundred national committeemen committee women and state chairmen from 22 states to push a vigorous campaign. He hosted a meal of fried chicken cream gravy and mashed potatoes and described the gathering as the largest of its kind this year. The session aimed to plan organizational efforts for states outside the solid South ahead of his western tour.

Bushville Ind Wendell L. Willkie Nvarly Solia South

Atlanta Banker Visits Decatur with Auto Dept Expansion

W. J. Baird assistant cashier of Citizens and Southern National Bank of Atlanta tours Decatur. He heads the bank's automobile department and helped launch the program in Augusta. A new branch of the auto department now operates with J. R. Daniels Insurance and Finance Agency amid a regional expansion including Alabama and Decatur.

W. J. Baird Citizens and Southern National Bank of Atlanta Mr. Baird Augusta J. R. Daniels Insurance and Finance Agency Ala— Decatur

Decatur Society Notes and Local Visits

Decatur residents receive visitors and attend events across the region. Mrs Jas H Tolley and sister Mrs C E Lindsay of Birmingham visited Chattanooga for the dedication of the Chickamauga Dam. The Lindsay family returned home after six weeks with Tolley in Belle Mina.

Jas. H. Tolley C. E. Lindsay Birmingham Chattanooga Chicamauga Dam Clarence, Jr Emily Jean Belle Mina

Prayer Service Tonight Opens City Revival Effort

A prayer service tied to the upcoming city wide evangelistic campaign will be held at 7 30 this evening in the First Christian Church. The Young Women's Missionary Circle will conduct the service which is open to all Christians regardless of denomination.

First Christian Church Young Women's Missionary Circle Young People’s Department of Memorial Drive Methodist Church Margaret Ann Yarbrough 5Th Ave. West

Mexico Eyes Revolt Plot Heads Off Disorder

Mexico City reports President Cardenas government precautions after claims by Angel Trechuelo that Almazan supporters won July elections. Government patrolled highways airports and trains while troops reinforce northern strongholds. Graciano Sanchez says 80 000 peasants ready to rise in support of Avila Camacho.

Mexico City Cardenas Juan Andreu Almazan Angel Trechuelo Almazan Emilio Madero Manuel Avila Camacho

Training for Pupils Urged by Kiwanis Committee

John Fowler of the Kiwanis Boys and Girls committee urged club members and all local business professionals to assist in training students in chosen fields. Committee members include Tom Adams Elmer Loyd and Bob Kemp. Sam Alexander a Decatur merchant joined the club roster and guests L Lambgih and Joseph C Broadus attended.

John Fowler Kiwanis Club Tom Adams Elmer Loyd Bob Kemp Kiwanian Fowler Sam Alexander Decatur L. L. Lambgih Birmingham Joseph C. Broadus New York Marvin Rankin John Caddell S. E. Alverson Barrett Shelton Garner Pride Gip Banaiza Seybourn Lynne

Churchill Warns of Intensified German Attacks This Month

Churchill tells the House that Germany needs a decisive month and should be able to magnify attacks in August. He notes Germany’s effort to dominate the RAF and anti aircraft defenses, calling the Balkans issue a concern and suggesting Dobruja’s restoration to Bulgaria.

Germany Royal Air Force Balkans Churchill Dobruja Romania Bulgaria Hungary

Veteran convict in Alabama murder sentence

George Osborne a 48 year old World War veteran from Bear Creek Alabama was convicted of murder in the second degree and sentenced to 12 years in the state penitentiary by a Marion county jury He was found guilty in the slaying of Walter Norris a WPA worker who was shot to death at a WPA garage after an argument over the Marion county probate judge election

Hamilton Ala George Osborne Bear Creek Marion Osborne Walter Norris WPA

Shanghai dispute near settlement reaches tentative accord

Tokyo reports a near settlement of the U S Japanese dispute over patrols in the Shanghai international settlement area. United States Marine Corps presence and the U S consulate are central issues, with officials silent on Secretary Hull's Wednesday statement.

Tokyo Shanghai International Settlement Hull United States U. S. Marine Corps

Also Mentioned on This Page

Frank Corley Cummins Arkansas Columbia Cuz” Rogers Mexico Lazaro Cardenas Juan En Almazan Ral Avila Camacho Chamber of Mities Nashville Livestock National Defense Program N. C. Cotton U. S NAVAL ROME Willkie Atlanta Vivien and Olivier Vivien Leigh Scarlett O’hara Laurence Olivier Hollywood Santa Barbara Calif Decatur’s Charles Norwood Denton, Ky Herman Free Elizabeth Ann Humphrey Tuscumbia W. E. Bean Baugh's Infirmary Route 2 L. L. Hastings Ardmore Baugh’s Infirmary Orville Oden Ryan School M. E. Lazenby Ninth Street Dr. J. Y. Hamil Hot Springs, Arkansas W. T. Mooneyham Somerville City D. L. Key W. H. Courthers Danville Road Benevolent Society Hospital Julian Butler Fred Morgan M. E. Oden Eva W. B. Bell Sherwin-Williams Paint Company W. L. Spearman Rev Spearman Tony, Wilson Hanceville Morgan County Conservation Club Cole Springs Methodist Church Walter Devine Fairview Hugh Morgan Benevolent Hospital McAfee, Howell and Young Sara Walden Calvert City Kentucky Princess Theatre Morgan County The Red Cross Mercy R. L. Henderson Ashville N.C North Carolina Marshall Canton Nira Jo Trinity J. P. Bradley Fourth Avenue James Mitchell Maxwell Field Mildred Sparkman Tth Avé Stephens Army Clintelle’ Hancock 7Th Ave. South Herman Nebrig Sterchi Harry Alexander Decatur Clinic Leonard Hartselle Hartselle C. H Chunn Sherman Street Little Ettadean Kimbrell Town Creek I. W. Lang Rural Grove Shanghai Southern Finance Coo Woolworth
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