State banks report loan totals for first half 1940
A survey by the American Banking Association shows West Virginia commercial banks issued 149 000 loans totaling 133 140 802 in the first half of 1940. Renewals comprised 107 787 loans totaling 97 437 490, with 39 556 new loans at 31 705 125 and mortgage paper 3 998 186. Open lines of credit remained largely unused, averaging 12 323 850 in large cities with only 5 202 949 drawn. The average new loan was 802, renewals 2.24, and new mortgages 2.24.
MENTIONED IN THIS ARTICLE
Charleston
American Banking Association
West Virginia
Association
Hitler Fears Russian Block In Balkan Power Move
A column analyzes shifting German Russian relations as Britain and allies gain ground. It notes Russia’s cooling toward Germany, German troop moves into Romania, and Bolshevik forces opposite Nazi advances, with a view of long term Balkan aims and Danube access.
MENTIONED IN THIS ARTICLE
Russia
Germany
Britain
Mussolini
Romania
Ukraine
Bat
Balkans
Rumania
Great Danube
Black Sea
Reich
Danube
Hitler
Wight
Ger
Diplomats Meet Without Accord as Bolshevists and Fascists Clash
Parley between Italians and others failed to curb Danubian access amid reported fistfights between Bolshevists and Fascists. Hitler’s broader aims include securing Romania for oil and grain, creating a Balkans base, and pressuring Britain, while new troop movements signal multi purpose strategy. Separately, Coast Guard rescues near Fort Bragg end with Christmas relief for families waiting by radio rooms at Point Arena.
MENTIONED IN THIS ARTICLE
Sioe
Hitler
Russia
Britain
Rumania
Balkans
Balkan States
Dardanel
Fort Bragg
Here
Point Arena
Bardia Offensive Pressed By British Ground Forces
British ground forces continued pressure on Bardia while hammering Italian air bases to the west. Front reports say mechanized units maintain outer defenses under steady strain as aerial and artillery bombardments seek to soften targets.
MENTIONED IN THIS ARTICLE
Bardia
Ten Guardsmen Respond to Disaster Aboard Lifeboats
Chief Boatswain's Mate Cecil M. Thomas led Boatswain's Mate Ralph A. Warren Ronald Hicker and nine guardsmen in salvaging the lumber schooner Stanwood after a Christmas Eve storm. The crew suffered bruises but avoided hospitalization as giant swells damaged two lifeboats a 30 foot motorboat and a 26 foot surfboat. Rain pounded and heavy seas battered the craft forcing reliance on small sails after fuel leaks halted engines.
MENTIONED IN THIS ARTICLE
Cccil M. ‘Thomas
Ralph A. Warren
Ronald Hicker
Thomas
Stanwood
ASCAP and BMI Aims Under Scrutiny in Music Rights Fight
Justice Department probes ASCAP and BMI for anti competitive practices. Thurman Arnold claims both groups restrict bargaining and force fees on music users. NBC and CBS are cited for similar tactics via BMI. Gene Buck of ASCAP welcomes AG’s plan to examine the music monopoly.
MENTIONED IN THIS ARTICLE
Womnmueuium
ASCAP
BMI
Radio J.ams
Buck
Thurman Arnold
Shyal
Warsifti
SCAP
NBC
CBS
Department
Arnold
Justice Department
Gene Buck
New York
Vessels and Plans for Navy Protection in War
More destroyers are sought to shield convoys and food shipments from Nazi attacks. Official estimates of needed destroyers range from 100 to 400, despite 60 World War II destroyers traded for bases. Some officers oppose more transfers without equal U.S. military concessions. A Canada Alaska highway corridor has been proposed as possible leverage. The navy also has three new submarine chasers.
MENTIONED IN THIS ARTICLE
Conmuea
Canada
Alaska
United States
Navy
Greeks Press Hard in Snow amid Italian Retreat on Valona Front
Greek infantry assaults along the Valona front continue as Italians report heavy losses and stubborn defenses. Greek forces advance to Climara and Tepeleni amid bitter cold and snowdrifts, while the Royal Air Force bombs Krionero and strikes rail links. Captured Italian officers describe freezing conditions and hunger as a 700-man crack regiment is said to have suffered heavy casualties.
MENTIONED IN THIS ARTICLE
Valona
Italy
Air Force
Royal Air Force
Krionero
Climara
Tepeleni
Kitsure
Ioannina
Greece
Chimara
Ed Urat
Te Youu
British Leader Offered Traditional Pudding Rejected
Stephenson, serving life in Michigan City state prison for murder, awaits parole petition after his 1925 death of Madge Oberholtzer, a statehouse stenographer who drank poison following a weekend affair.
MENTIONED IN THIS ARTICLE
Stephenson
Michigan City
Madge Oberholtzer
Prisoners Greet Greek Troops With Cigarettes in Snow
A group of prisoners, 27 officers and 8 men, reached an advance post in deep snow on Christmas night and were fed by Greek troops who offered cigarettes. meanwhile Silver Shirts claim they were told into negotiation for D. C. Stephenson's prison release.
MENTIONED IN THIS ARTICLE
Auanmna
Silver Shirt Refuses Offer to End Subversive Group
Pelley, aged about 11 with a grey goatee, says he kept his promise to the Dies committee to dissolve the Silver Shirt if the panel would continue exposing subversive activities. He plans to resume publishing his books on economics and metaphysics and return to private life as the Indianapolis Star reports.
MENTIONED IN THIS ARTICLE
Liber
Pelley
Dies Committee
Indianapolis Star
WPA ROLLS LARGER HUNTINGTON
The West Virginia Work Projects Administration announces a January employment quota of 36 000, up 4 500 from December. Administrator J N Alderson stated the quota is about 2 000 less than January 1940, reflecting changes in program staffing.
MENTIONED IN THIS ARTICLE
Huntington
West Virginia Work Projects Administration
J. N. Alderson
Also Mentioned on This Page
U.S
Santa
New York City
Santa Claus
Frederick McEvoy
California
Coast Guard
Ing
Florida
Nebraskheeka
Nicholas Teresky
Gouverneur Hospital
Lower East Side
Altman’s Cash Feed Store
Latrobe St
Grafton
England
D. C Stephenson
Indiana
Ku Klux Klan
Goa
C. B. Fawley Music CO
Morgan
America
Worons Nol
Lletary
Ullal Ally
Tygarts Valley Chevrolet Company
Beech Street
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