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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jul 30, 1941
Page
8
A navy source said the damage to the United States ship was incidental to the raid on the Chinese capital. The vessel lay in the safety area across the river when the small outboard motorboat was involved in the incident.
The Tutuila and nearby dock equipment were damaged as bombs fell near the American embassy area in Chungking on June 15. Japanese officials claimed the attack was unintentional. The gunboat’s response status is unclear, and the Tutuila’s sister ship Panay was sunk in 1937 on the Yangtze with two deaths.
The United States moved to seize several Japanese vessels including the Tatuta Maru amid new indictments of 71 fishermen and three Honolulu firms on false registry charges. Investigators say some ships used relatives in the United States to dodge navigation laws, with Bryan Jr. leading the inquiry outcomes reported in the treasury enforcement annual.
In Washington on July 30 Senator Thomas urged quick approval of a bill to extend service tenure for selectees guardsmen reserves and regular army enlisted personnel arguing the theory of American democracy is challenged by the army. Taft countered that no plan for large turnover exists and warned of a buildup of 1 730 000 soldiers with few releases. He also suggested Marshall may have abandoned rotating training. In Cairo Libya raids bombed Bengali port with four Axis bombers shot down and two fighters lost. Home Grown Black Eyed Peas ad appears in Anderson's Gardens classified.
Deadlocked AFL demands for recognition at Chino mines division of Nevada Consolidated Copper Corporation may go to the national defense mediation board. AFL Chino Metal Trades Council seeks bargaining for about 700 skilled workers among 2,000 at Santa Rita and Hurley. CIO affiliate and trainmen also press for representation. Conciliator Frank Ash says no progress and warns against a strike. Peterson says efforts to prevent a strike will continue, including possible board intervention.
Moscow dispatch reports German armies shifting to defensive positions across several sectors of the long Russian front after Soviet counter-attacks and Nazi retreats. Pravda states the German push is weakening and that defensive tactics are increasingly common.
Cairo reports Tobruk garrison strikes against Axis lines, routing another Italian outpost beyond main defenses. Patrol raids on Libyan Egyptian frontier also cited as successful. Berlin claims 28 British planes from carrier shot down over northern Norway with two German planes lost.
London dispatch says Queen Wilhelmine of the Netherlands pledged that if circumstances force a fight in the East Indies she would, with allies, accept combat. She stressed continuous consultation with Britain and the United States and asserted the government would fight to defend Dutch territory if armed force is used.
Trading opened slow with selling dominating as cotton futures plunged about five dollars per bale after President Roosevelt urged Congress to grant price ceiling powers to curb inflation. Stocks weakened early but showed uneven recovery following the Roosevelt message. Steel rebounded, rubbers and rails firmed, while Bethlehem Steel and several major names sagged. Transfers around 737,400 shares. Wheeling Steel up on quarterly profit, rail stocks hit yearly highs.
Butter receipts total 1 047 764 with steady creamery prices at 90 score 33 88 31 and 1 other price unchanged. Eggs receipts 16 495 firm prices unchanged. Poultry live shows 30 trucks steady with springs 4 lbs up Plymouth Rock under 4 lbs at 19 1/2 White Rock 19 1/2 and other prices unchanged.
Chicago grain notes show Sept wheat at 1.06 1/2 to 1.08 1/2, corn around 75 to 80, oats near 38 to 41. Boston wool trends indicate limited good demand with French combing length and fine territory wools at 1.03 to 1.05 per pound scoured, grease prices 35 to 38 cents.
New York market notes Treasury 3 1/4s at 106.20 for 45-43 and 3 1/4s at 107.23 for 46-14 with 4s at 111.21. Federal Farm Mortgage and Home Ownership loans appear unquoted or omitted.
The New York Stock market quotes list numerous securities with varied moves across rail, steel, oil and electrical names. Notable items include AmAil at 43 5/8, AmCan 89 1/8, Loew s 33 1/4, TexCp 44 1/2, USSt ee l 59 1/4, and WestAB 23, among many others.
Kansas City hogs, cattle, calves, and sheep trades show mixed prices with broad ranges and slow demand across weights and classes. New York cotton futures tumble sharply amid selling, pressured by Roosevelt price control talk, before partial recovery, with declines of 2.5 to 3 per bale from prior levels. Also listed are a curb market snapshot of industrials and utilities trading.
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