U.S. Business Near Records as War Outlook Shapes 1940
American industry runs at peak midyear 1940 with factory activity at its strongest in three years as war demands and rearmament loom. European conflict and Nazi blitzkrieg successes influence investors and business leaders, signaling potential highs unseen since 1929.
MENTIONED IN THIS ARTICLE
Associated Press
New York
MacMillen
United States
French gold reserves held in U S vaults
France’s gold reserves, about 1.75 billion dollars, sit in U S vaults as Europe teeters between London and Bordeaux. A decision looms on whether the U S will place a lien or release the gold to support Britain or France.
MENTIONED IN THIS ARTICLE
U.S
Washington
France
Great Britain
Germany
United States
Bordeaux
Britain
London
Roosevelt
White House
Europe
Fort Knox
U S Fact Statistics Show Gains in First Half 1940
A P Feature Service report compares mid year 1940 to 1939 across employment, steel and auto output, freight loadings, power, oil, construction, and stocks. Totals for the period are partly estimated with Dodge building figures for 37 eastern states.
MENTIONED IN THIS ARTICLE
New York
United States
F. W. Dodge Corp
Student Dies in Fencing Contest in Newark
Richard Wilcox aged 17 died after a homemade foil pierced his chest during an impromptu fencing match at Arts High School plaza Newark New Jersey. Jung Git Chung 18, a recent graduate, is said to have used the blade whose protective tip came loose as witnesses recounted the fatal incident.
MENTIONED IN THIS ARTICLE
Newark
N. J
Richard Wilcox
Arts High School
Luke Conlon
Jung Git Chung
Chung
Wilcox
Tucson Guard Offers Summer Of Experience
Tucson units of the Arizona National Guard invite patriotic young men to enlist for a summer program. Training covers weapons, tactics, and sanitation with a three week Louisiana encampment as part of third army maneuvers. Enlistments without prior training end June 30. call the South Fifth Avenue armory for details.
MENTIONED IN THIS ARTICLE
Tucson
National Guard
Elbert C. Monro
Louisiana
Arizona National Guard
Henry R. Merchant
Jonathan H. Michael
Alvin Kirmse
Albert W. Gibson
Moore
South Fifth Avenue
Social Security Merit Exams Held Across Arizona
June 29 reports exams for Social Security and Welfare department eligibility. In Tucson Flagstaff and Phoenix more than 250 applicants took tests to create a merit system eligibility list.
MENTIONED IN THIS ARTICLE
Phoenix
Tucson
Flagstaff
State Department of Social Security and Welfare
Australia Establishes Penny Post for Soldiers in Camp
Australia introduces penny postage for troops in camps to simplify mail service. The reform lowers cost for military correspondence and aims to boost morale among service members stationed domestically and overseas.
MENTIONED IN THIS ARTICLE
Australia
Turkey Prepares Mobilization as War Fears Grow
Turkey warned civilians aged 15 to 65 could be drafted if general mobilization is ordered amid fears of war spreading to the Balkans and Near East. Reserve troops report, Thrace training continues, and forces mass along the Syrian frontier with Turkish troops redrawn from the Syrian border and Bosphorus defenses strengthened.
MENTIONED IN THIS ARTICLE
Hugo Spece
Istanbul
Turkey
Balkans
Near East
Thrace
Eugene Mittelhauser
Germany
Italy
Hittelhauser
Philippe Petain
Iraq
Syria
Ismet Inqnn
Nuri As- Said
Iraq i
Boykoz
Anadoli
Bosphorus
Black Sea
Sea of
Mamara
Anatolia
Bessarabia
Bukovina
Romania
TWA Orders 15 Large Passenger Airplanes
Kansas City June 29 U P Transcontinental and Western Air has placed an order with Douglas Aircraft for fifteen 24 passenger airplanes costing 1 500 000. Nine planes will be delivered Dec 31 and six next spring. TWA begins service July 8 with five 33 passenger four engine Boeing Stratoliners.
MENTIONED IN THIS ARTICLE
Kansas City
U.p—Transcontinental and
Western Air, Inc
Douglas Aircraft Company
Santa Monica
Cal
TWA
Jack Frye
Glycerine From Sardine Oil Reported in Chosen
In Chosen, producers report the manufacture of glycerine derived from sardine oil, indicating a local chemical processing effort and new use for marine fats.
MENTIONED IN THIS ARTICLE
Chosen
Defense Industry Growth Drives Americas War Readiness
Defense spending uplifts industrial activity as rail and utility firms plan hundreds of millions in new equipment. Associated Press index shows eighth straight weekly rise while steel capacity hovers near peak as defense orders rise.
MENTIONED IN THIS ARTICLE
Frederick Gardner
New York
America
Uncle Sam
United States
England
Europe
France
European
Latin America
Great Britain
Associated Press
Defense
Pennsylvania
North American Co
Wall Street Wall Street
Wendell L. Willkie
Chapman Begins Duties as Mines College Dean
Dr. Thomas G. Chapman assumes the newly created title of dean of the University of Arizona College of Mines next Monday. He already occupies an office in the Phelps-Dodge Mines building on campus and will also serve as director and metallurgist for the Arizona Bureau of Mines.
MENTIONED IN THIS ARTICLE
Chapman
Mines College
College of Mines
University of Arizona
Thomas G. Chapman
Phelps-Dodge Mines
Gordon M. Butler
College of Mines and Engineering
College of Engineering
Butler
School of Mines
Tucson youths in aviation school
Tucsonans Christopher Schwab and Richard P. Mellen enrolled as master mechanics students at Curtiss Wright Technical Institute in Glendale California. The large aviation school has about 1 000 students including 300 U S army personnel and was chosen by the army air corps to train mechanics. Schwab's brother Larry Schwab formerly a Daily Citizen reporter is in France with the American field service.
MENTIONED IN THIS ARTICLE
Christopher Schwab
Richard P. Mellen
Tucson
Curtiss Wright Technical Institute
Glendale
Calif
Schwab
Triangle Tranch
Dragoon
Mellen
Monte Mansfield
Ford Agency
Curtiss Wright
U. S. Army
C. C. Mosely
Army
Army Air Corps
Larry
The
Daily Citizen
France
Transfer of Eleven Faculty to Newly Established School
Eleven faculty members including Dean Chapman will move from the combined colleges to the new school. The college of mines building was completed April 21 and equipment is being transferred as new material is prepared for classes to begin in September.
MENTIONED IN THIS ARTICLE
Chapman
College of Mines
Mesa FFA To Attend Meet In November
Mesa FFA members will represent Arizona at the national contest in November in Kansas City. Joseph Reed announced the selection during a banquet of Arizona vocational agricultural teachers. Awards were given to Yuma Snowflake Litchfield Park and Mesa for federation performances.
MENTIONED IN THIS ARTICLE
Future Farmers of America
Mesa
Arizona Ffa
Kansas City
Joseph Reed
Arizona Vocational Agricultural Teachers
Reed
Yuma
Arizona
Snowflake
Litchfield Park
Flagstaff
I. F. Nichols
Tempe
FFA
Farm Bureau Federation
Mission Ranch
Salt River Valley
Nichols
Sherman Dickinson
University of Missouri
R. S. Hawkins
British 'Chocolate Soldiers' in Parliament Cadre
Parliament labels hundreds of civilians absorbed by government departments as "Chocolate Soldiers" after being assigned civilian roles in officer uniforms and given high ranks. The piece notes the phenomenon centered in Whitehall and its public and administrative implications.
MENTIONED IN THIS ARTICLE
London
Whitehall
Parliament
Also Mentioned on This Page
U. S
By Frank Macmillen
Frank
Mid-Year Business Review
Wall Street
New York Stock Exchange
Allied
Bureau of Agricultural Economics
A. P. Feature Service
Social Security
Arizona Mortuary, Inc
Johns-Manville
O’malley Lumber Co
Dr. Chapman
University of Michigan
Mark Ehle
Arizona Bureau of Mines
Dean Chapman
Colleges of Mining and Engineering
Channel
Willkie
Bank Management
Outhern Arizona Bank & Trust Company
Tucson, Arizona
Federal Deposit Insurance Corporation Capital
Tucson Youths IN Aviation School
Mesa Ffa
Future Farmers Chapter
Vanderbilt
Cornelius Vanderbilt, Jr
Fifth Avenue
Chris
Nicky Rogers
the Daily Citizen