DailyTimeCapsule brief
February 2, 1940
On February 2, 1940, the jury was officially completed in the high-profile Lepke case, leading to the court's order to lock it up until the trial's conclusion. This case involved the notorious mobster Louis Lepke Buchalter, whose criminal activities were emblematic of the organized crime wave that plagued the United States during this period. Concurrently, significant economic shifts were underway in America as leading producers announced a cut in copper prices, adjusting quotations to a new level of 11,625 cents per pound. This decision came amid rising tensions in Europe as World War II escalated, affecting global commodity prices and trade dynamics. Additionally, a remarkable achievement occurred when a paralysis victim received her diploma, with the school principal personally visiting her home to bestow the honor, celebrating resilience in the face of adversity.
Key developments
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On February 2, 1940, a jury was selected to try Louis Lepke, a notorious figure in the flour and bakery rackets. Following the jury selection, the court ordered the jurors to be locked up until the trial's conclusion to prevent any outside influences. This decision reflects the high-profile nature of the case and concerns over jury integrity.
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On February 2, 1940, leading producers of copper announced a significant cut in domestic prices, lowering them to 11,625 cents. This decision prompted fabricators to adjust their quotations accordingly. The shift reflects the changing market conditions and sales reported for January of that year.
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PARALYSIS VICTIM WINS HER DIPLOMA; Principal Goes to Home to Bestow Treasured Prize