On this day

February 16, 1941

Revisit the news, notable people, and historical moments connected to this date.

Notable Births

Kim Jong Il

1941Kim Jong Il, North Korean commander and politician, 2nd Supreme Leader of North Korea (died 2011)[โ€ ]

Kim Jong Il was a North Korean politician and dictator who was the second supreme leader of North Korea from the death of his father Kim Il Sung in 1994 until his death in 2011, when he was succeeded by his third son, Kim Jong Un. Posthumously, Kim Jong Il was declared Eternal General Secretary of the Workers' Party of Korea (WPK).

Notable Deaths

Frida Felser

1941Frida Felser, German opera singer and actress (born 1872)[โ€ ]

Frida Felser was a German soprano opera singer and actress.

Portrait 1080 ร— 1920 PNG ยท created on your device

Filter by:

Headlines from February 16, 1941

Contemporary Art Exhibition Opens With a Tea in Florida; Mrs. Benjamin Rogers Is Chairman of the Committee For Event -- Outdoor Sports Lure Colonists. Exhibition of Art Opens in Florida

By Special to THE NEW YORK TIMES

PALM BEACH, Fla., Feb. 15 -- A major event of the season was the opening of an exhibition of contemporary American art at the Four Arts with a tea and preview for members this afternoon and a large reception tonight. The exhibition includes ninety-five canvases from museums exhibits and dealers in this country and Canada.

None0 words

Commercial and Industrial Loans Soar As Banks Respond to Defense Financing

By Edward J. Condlon

Intensification of effort on the part of commercial banks throughout the nation to assist the defense program by financing industry, is now beginning to make an impressive showing. In New York City and in other financial centers of the country, current totals of "commercial, industrial and agricultural loans" are now at, or near, to record high levels.

None0 words

LEAFS ARE VICTORS OVER RANGERS, 4-3, ON DRILLON'S GOAL; Right Wing Marks Return to Play by Getting Deciding Point in Last 2 Minutes WINNERS IN UPHILL FIGHT New Yorkers Lead at 2-0 and 3-2 -- Crowd of 13,934 Sees Encounter at Toronto LEAFS ARE VICTORS OVER RANGERS, 4-3

By the Associated Press

TORONTO, Feb. 15 -- Gordie Drillon, out of action for three weeks with a shoulder injury, returned to the National Hockey League wars tonight to give the second-place Toronto Maple Leafs a 4-3 decision over the world champion New York Rangers.

None0 words

LIFE-POLICY RULING UNDER THE GIFT TAX; Single-Premium Insurance, When a Gift, Is Interpreted on Basis of Value POINTS BY SUPREME COURT Cost Taken as Determinant Against Lower Court's Leaning to Surrender Value LIFE-POLICY RULING UNDER THE GIFT TAX

By Godfrey N. Nelson

Whether or not economically sound, at least it is consistent for the courts to hold that the measure of value of property taxable as a gift, under the Federal gift tax, is the cost to the donor of such property and not the amount realizable thereon.

None0 words

FINANCIAL MARKETS; Stocks End Week of Sharp Declines on a Firmer Note as Meager Support for List Is Enlarged

By Unknown Author

A halt, whether or not it proves only temporary, was called yesterday to the steady successions of declines in the stock price structure, and the week's trading ended on a firmer note, with the leading issues up fractions to a point. The meager support accorded the market on scattered occasions in the week was enlarged sufficiently to turn the trend, but more important was the drying up of the heavy liquidation of Friday.

None0 words

GOSSIP OF THE RIALTO; GOSSIP OF THE RIALTO

By Unknown Author

ALTHOUGH primarily occupied at the moment with the "Carnival for Britain," Vinton Freedley is not overlooking next season. He expects to have Cole Porter and Herbert Fields put together a musical in time for Fall presentation.

None0 words