davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-10-27
STOCKS TEND Up
ON BROAD FRONT
Small Gains Are Scattered
Through Many Groups.
New Highs Set.
BY FRANK MACMILLEN,

NEW YORK, October 26.-Today's
stock market was featured by wide
spread small gains, which in many
cases were sufficient to push leading
equities to new highs for year or
longer.
Trading was on a more active scale
for the short session than had been
seen in some six weeks. Motors and
o number of specialties were the
ranking favorites, but all minor divi-
sions managed to move higher on
balance
The Associated Press average Of go
stocks was at new high not only
for the current year, but since Sep
tember IA. 1881. The days advance
was 4 of a point at 529.
A few individual issues, especially
among the higher priced industrials,
were ahead a point or so. but few ex-
ceeded that amount in their progress.
The market was about at its best as
the closing gong rang.
The stock market made its prog
ress in the face of rather reaction
dIS GOLlS III "AlCdI
ended down l5s to rs cents bushel
at Chicago and corn was off Is to y
cent. At New York cotton varied be-
tween a gain of cents bale and
loss of Is cents.
Wall Street news agencies contin-
ued to report evidences Of the i'm
proving business trend, including an
extra stock dividend on the common
shares by Sun Oil, and third-quarter
earnings reports better than a year
ago by such companies as National
Cash Register, American Bank Note
and Amerada.
Followers of the rails particularly
noted the excellent gains in Septem-
ber net operating income figures be-
ing reported by number Of carriers.
However, the rails, on the whole, at
tracted less buying attention than the
tndustrials or utilities.
General Motors was an active fea-
ture at new high since 1880 at 54l4,
up 1ls points. as traders studied its
overnight report showing third-quar-
ter profits 345 per cent better than a
year ago. General Electric made an
other peak since 1880, with small
gain to 357s.
Some of the other issues able to
get ahead around a point or so in
cluded Westinghouse at 88, American
Evening star., 1935-10-27
BANGOR & AROOSTOOK
9.MONTH NET JUMPS
BY the Associated Press.

by IIIe ASSUCIAltu FTeSS
NEW YORK, October 26.-Bangor
& Aroostook Railroad Co.'S net in
come for the nine months ended Sep
tember 80 amounted to S640,148 after
taxes and charges, equivalent after
dividends on the Z per cent preferred
stock to 1922 share of common
stock. For the first nine months last
year net income was S525, ,522 or $24I
a share on the common.
Evening star., 1935-10-27
GENERAL REFRACTORIES
WILL REDUCE CAPITAL

By the Associated Press.
NEW YORK, October 26-Stock-
holders Of General Refractories Co.
have approved the company's proposal
to reduce stated capital stock to $11,-
647,565 from s13,996,O95 by the can
collation. of 54,399 shares Of treasury
stock with an aggregate stated value
of $2,348,531.
Evening star., 1935-10-27

Continued on Page 81
Evening star., 1935-10-27

'1nial dividend Of 81 90 paid December 1884.
tLast payment 90 80,
Recorded quotations last quotation units
Evening star., 1935-10-27

"a 30 Hack W Of A (1N)-
Tx 4 Hall W r Printing.
12& 64 Hamilton Watch
1O5 63 Hamilton Watch of
100% 1904 Hanna (M A)pf(5)-
rs 16 HARRISON Walk ~.
l3N 6h Hat Corp Of Amer
1O9 81 Hat Co of WV (6M)
6h Is Hayes Body----
117h 85 Hazel Atlas Gl 49,.
141 127 Helme(Geo H)tt5)-
162 142h HelmetG W)pf(D-.
27% IL Hercules Motor %
80 II Hercules Pw tt3)--
l28 122 Hercules Pw Of f7
l2l% l2lh Hercls Pdr pf(7)sld
8l% 73h Hershey Choc (3)
11o 104 Hershey Ch of go
2lA 5h Holland Furnace
IL 6as Holland & Son (50c)
Az 1888 Homestake (t12)--
AZ 3O7a Houd-Hersb t2h) A
24A 6h H'daille-Hers BOD.
90 49 House Fin of t3A)-
AS Ia Houston Oil tnew)-
56 43 Howe Sound t3)-.
6i4 2a Hudson & Manhat
l7h 6A Hudson Motor Car
ga q Hupp Motors
Evening star., 1935-10-27

Can at 14634, American Smelling at
57aa and Sears at 6l3s.
Other so-called pivotal shares, how
ever, in many cases confined their
advances to modest fractions, includ-
ing United States Steel at ATS. New
York Central at 235s, Woolworth at
So, American Tobacco "B" at 1O3A,
and ChrySler at 88.
Evening star., 1935-10-27
WASHINGTON STOCK EXCHANGE
YEAR 1885

CReport by W. Hibbs g. D.
SALES
The Waterbury Democrat., 1935-10-08
NOVEY DEFEATS
 SENATOR HOGAN
Mayor Reelected By l32 Plurality-Over 5000
 Votes Recorded
TORRINGTON Correspondent: Thomas Carr. Phone TOrringt0n 6445

Mayor Ernest E. Novey was re- elected mayor of Torrington for his fourth consecutive term in the larg- est and one of the most hotly con- tested elections ever held in this city. His plurality was 132. The en- tire slate of republicans with the exception of the city clership and a position of council men was swept into office. Well over 5000 voters re- corded their decision.
 In addition to electing city off, cials, the voters favorably acted on the proposed amendment to the city charter which provides for the ies- tabliShment of a board of public safety. The vote was 618 for and 352 against. The board is author ized to supervise the police and fire departments. Election results follow: Mayor-Ernest E. Novey, R, 4623; Francis W. Hogan, D, 4491; Ken meth s. Furmin. s, 229. Councilmen-Alexander Consta- ble, Jr., D, 4513; Eric Stowe, R, 4591; ; Amedeo Rondelli, s, PAP; Wm. A. Paten, D, 4572; Henry V. Rebillard, R, 4543; Clyde L. Holden, s, 241: Peter Picz, D, 4499; Wm. P. Smith, R, 4527; Max Wyssenbach, s, 27l; Frank G. Herman, D, 4534; Herman A. Negri, R, 4539; Erdman Schoen, s, 238.
 Town Clerk-Anthony w. Telesca D, 4723; George L. Bowerman, R, 4341; Godfrey Heibling, s, 245.
 Treasurer-John N. Brooks, D and R 4343.
 Board of Education - Wm. H. Dwan, D, 4518; Fred H. Baldwin, R, 4563; Dr. Paul DeLattre, s; 243; Joseph P. Maine, D, 4560; Frank T. Case, R, 4533; Ottilie P. Troemel, s, 243; Rev. Wm. P. Botticelli, D, (unopposed) 4549; Ralph H. Pease. R, (unopposed) 4569.
 Selectmen-Thomas Tanning, D, 4546; Clifford w. Hopkins, R, 4551;
The Waterbury Democrat., 1935-10-08

Andrew c. 0aura, 6, 23e: John Me tro, D, 4521; Ernest J. Pardon, R 4576; Gino Saliani, 8, 239.
 Registrars of Voters Patrick R Phalen, D, 4544; Robert Reid, R 4551; Joseph -Eschenbrenner, s, 24O
 Assessors - Daniel Ryan, D, 4599; George B. Goodwin, R, 4503; Ste- phen Bulissa, s, PAS; Howard New bury, D, 4463; Eugene W. Madeux R, 46O1; John J. Hudach, s, 244.
 Board of Relief-John O'Rourke D, 4510; John H. Rosenback, R. 4569; Fred w. Killingbeck, s, 239; Edmond Cadoret, D, 4485; Michael P. Dwyer, R, 462l.
 Constables - Martin McGrath, D 4520; John Arnista, R, 4577; Wal ter Whitney, D, 4537; Nicola Gala brese, R, 4563; Wm. Murphy, D 4558: Joseph vercellini, R, 4543; Valentino Gallichio, D, 4508; Ed mund J. Wall, R, 4591.
 Grand Jurors - Joseph N. Gold man, D. 4515; Andrew Zaharek, R. 4581; James V. Tedesco, 8, 241; Joseph Symonatis, D, 4525; Alex Torda, R, 4573; John J. Hudach, S 239; Wm. Mailman, D, 4533; Beth uel B. Vincent, R, 4567; John Ross S, 238.
 The moderator of the election was Timothy J. Lyons, who presided at the City Hall polling place. The deputy moderators were Timothy
The Waterbury Democrat., 1935-10-08

The heaviest early morning vote in years was recorded at the sixth district polling place in Waterviile today as republican and democratic organi2ations rushed their voters to the polls. '45O votes or nearly 28 per cent of the 1872 names on the vot- ing list had been cast at 9:3O a. m. and indications pointed Nto con- tinued heavy vote throughout the day. Frank Cookson is serving as moderator with James Moran and Peter Ciaccio as deputy registrars. Frederick Seidel and Frank Carney c.; checkers and Lawrence Vibbert, Edward Webster, Thomas Barrett and John Calvin as machine ten derS.
 William H. Dunlavey, democratic town committeeman and sealer of weights and measures has set up democratic headquarters at Ciac- clos barber shop on Thomaston avenue, while Republican Town Committeeman Frank Bailey and District Leader c. Arthur Dubois have set up headquarters at Fra ternity hall at 2 Boyden street. Both headquarters have stuffed chickens
The Waterbury Democrat., 1935-10-08

dine was held from her late home to St.. Francis church yesterday morning. A solemn high mass of re- quiem was celebrated by the Rev. Thomas McMahon, assited by the Rev. John Jefferson and the Rev. Italo Calcagni as deacon and sub- deacon.
 The Rev. John J. Foley was in the sanctuary. Paul Seery sang When Evening Comes" at the en. trance and Face to Face" at the offertory and Beautiful Land on High" at the recessional.
 Burial was in the new St. Francis cemetery. The pallbearers, all ne- phews of the deceased, were Henry Burnell, John, Michael and Joseph Considine, John McMahon and John McMahon and John Maroney.
 The A. O. H. Auxiliary delegation present included: Mrs. Michael Owen, Mrs. Michael Hoben, Mrs Bartholomew Mcdonnell Miss Julia Mcdonnell and Mrs. Maurice Dil- lon.
 Joseph J. Flanagan, 34, of l10 Park street, Bristol, died late Sum- day night following heart attack. He was born in Torrington and went to Bristol about 20 years ago He leaves his mother, Mrs. Mary Dwyer Flanagan; brother, Edward and two sisters, Mrs. Louis Bach man and Miss Alice Flanagan, all
The Waterbury Democrat., 1935-10-08
DEMOCRATS UPSET
 BY (. 0. P. RIVALS
Republicans Make Abrupt AbOut=Face-Bissell
 Defeats Crutch
LITCHFlELD Correspondent: Nellie s. Fair
 grieve. Phone 513.

Defeated in two key posts in 1883, the local republican party made an abrupt about-face in the 1855 ball. loting, electing all candidates. Will liam Crutch, democratic incumbent for first selectman, was defeated 724 to 578 by his republican op- ponent, Howard Bissell of Bantam. Tax Collector Frank Foster, demo- crat, lost to Carl Schlect, republi- can, TAP to 634.
 The vote for assessors, both of whom were elected, was Santora (d) 52O; Sawyer (r) 835; board of relief, likewise moth elected, was JeSe Morse, (O 532; Raymond Plstts (r) SIS. The selectman's vote was as follows: Republican, Howard Bissell, 724, Hector Rich ards 788, Eugene Converse 720: democratic, William Crutch, 578; Patrick w. Driscoll, 517, Frederick Blsnnell 573. AS five selectmen were elected, Driscoll was left out.
 Albert w. Clock, running for town treasurer, was given 8 total vote of 1855; Rudolph Karl, also nominated by both parties as town clerk received 1867 which approxi- mated the entire vote cast. Clock also received 1855 votes as agent of the town deposit fund.
 The six grand jurors nominated were all elected. The vote stood: Republican, Norris Seelye BOA; Will liam M. Foord 820; Macklin Cum ningham 8O7; democratic, Martin J. Donahue 543; William H. Oviatt 530; William Birge 538. Seven constables out of the eight .nom- mated were elected, William Van Kueren losing. The vote was as follows: Republican, Thomas Will Z Hams, 792; George Phelps SIS; Har- old Andrews 792; Ernest Brown 795; Democratic, Joseph Cooke, 548; Harry Helyer, 538; William Van Kueren 524; Frederick Fran zozzi, 541.
 Registrars of voters, all elected, are as follows: Mrs. Arthur Rylan- der 798: Raymond Platts 799, Eric Seward 8O3; democratic, Martin J. Donahue, 543, Robert Goodwin 539, William Anderson 527.
 School board members are Will liam w. Sepples (d) 535 and Henry Gill (r) 805 and board of fi- nance members are Col. Samuel Fisher 562, James Smith 790.
 Appropriation Made
 Reports of town officers were ac- cepted and $79,88O appropriated for the town budget at the annual town meeting held Monday. The school report was accepted and $65, 5,210 ap- propriated for schools. A resolu- tion asking that "the selectmen confer with the school board con- corning use of the Center school auditorium for town meetings and caucuses" was ruled by the modera- tor. The report of committee asked to investigate the possibil- ity of widening Bantam Terrace road was accepted and $1,500 appro- priated for such purpose, subject
The Waterbury Democrat., 1935-10-08
Heavy Early Morning
 Vote eRecorded Today
Same Pace Expected Throughout Day - Parent-
 Teachers Meet Today at Sprague School
WATERVILLE

and fleets of cars to fetch voters to and from the polls.
 The polls opened at 500 a. m. and the first vote was cast by c. Arthur Dubois, republican nominee for reelection to the board of al- dermen. They will close at 500 p. m.
 Arsellia Funeral
 Rev. Michael J. Heating, pastor of St. Michael's church celebrated 8 high mass of requiem yesterday morning at the funeral of Mrs. Eve lyn Laroque Arsellia, wife of Jo- seph Arsellia of Lone Oak avenue The funeral took place from the Mulville funeral home to St. Mi chael's church where the mass ceie- brated at 300 a. m. The burial was in Calvary cemetery where Father Heating read the committal service. The bearers were Walter Lanon, Frederick Mathon, Adelbert La Barr, Joseph Biro n,Phileas Vion, and Edward Desroches.
 F. T. A. Meets Today
 The October meeting of the Waterville Parent-Teacher Associa- tioI. takes places at the Sprague grammar school gymnasium at 2::30 o'clock this afternoon. Mrs. Louis c. Willard will preside. The enter tainment program will contain two addresses. One on Music" will be delivered by Mrs. J. w. Barker and the subject of Books" will be dis cussed by Mrs. I. Lowering.
 Sears Funeral
 The funeral of Linwood Sears of Haase street took place Sunday afternoon from Grace Methodist church. The services were conducted by the pastor, Rev. Mulford B. Simonson who also read the com- initial service at Waterville ceme- tery. The bearers were Frederick Murphy, Manuel Sanzo, Wesley Rood, Carl Finkle, Philip Fisherman and Gilman Johnson.
The Waterbury Democrat., 1935-10-08

Greece's forsA1 trade is much. greater than a year ago.
The Waterbury Democrat., 1935-10-08

of Bristol. The funeral will be held Wednesday at g a. m. at St Joseph's church, Bristol. Burial will be in St. Francis cemetery, Torrington.
The Waterbury Democrat., 1935-10-08
|DR. P. LOMBARDI
 TOSPEAK AT Y
'ltaly's Side of Ethiopian Question" to Be Dis.
 cnSsed Friday

The Central "" Forum will open the 1935-36 season Friday, October Ii ct 8:SO with Dr. P. L.ombardi as the guest speaker.
 'Ttaly's side of the Ethiopian question" will be the topic of dis cussion. A speaker of rare ability, thoroughly conversant with affairs abroad, Dr. Lombardi will present a clear cut explanation of this deli- cate subject.
 During the coming season the Y Forum will present a series of dis cussions on matters of local, na- ti0nal and international interest.
 Always open to new ideas the Forum this year will use method
The Waterbury Democrat., 1935-10-08

suggested hy several oE tteiE pad audiences and use the ballot nzsEl1
 of deciding on subjejcts to be dla cussed. Slips will be passed or| at every Forum requesting 'sWha| we shall discuss" and subjects frul' the popular choice. The commit. tee in charge is as follows:
 Chairman, Alfred F. MyerhanS Chase Kimball, Max R. TraurlR Fred s. Smith, Ray J. Planning, N Christy ErlS, David B. Meth, ]. War; ren Upson, Philip N. Won Tobel and James E. Dempsey. @
The Waterbury Democrat., 1935-10-08
STATE APPOINTS
 LEGION MEMBERS
Angle Named Finance Board Representative;
 Pick Dubois, O'COnnOr

Several members of Corp. Coyle post and its auxiliary receive ap- pointments on committees of the Department of Connecticut, Ameri- can Legion, on a list released for publication today. Walter L. Angle wa5 named a member of the finance board to serve until October 1887; Mary Blake has received two year appointment to the Americanism committee of the auxiliary. c. Ar thur Dubis, cmmanoder of Caspar s. Davis Jr., post of Waterville was named chairman of the foreign re- lations committee. Edward F. O'Connor of Watertown is mem- Der of the committee on wards. M. Burns, who was at the high school and Ernest c. Falk, who was at the Wetmore school.
 COnsidine Rites
 The funeral of Mrs. Nora Consi-
The Waterbury Democrat., 1935-10-08
NEvADANs GO BACK TO FARM

NEVADANS GO BACK TO FARM
 Carson City, Nev. (UP) - A land movement in Ne vada is indicated in a report of Ray G. Staley, surveyor general and state land register, who pointed out an increase of business has been recorded by his office.
The Waterbury Democrat., 1935-10-08
BULB, MATTRESS
 CAUSES DAMAGE

An electric light bulb and a fea- ther mattress joined forces late yes- terday afternoon to keep firemen busy for almost an hour, and do considerabl damage to the home of Mrs. Virginia Groswich, 6 Grove court.
 The electric light bulb, located close to the mattress in a closet where it was stored. was left on for an hour. In that time it set fire to the mattress, and the closet went ablaze. Three companies of firemen fought the stubborn fire for 50 min- utes.
The Waterbury Democrat., 1935-10-08

to the approval of the board of fi- nance. It was voted that the board of selectmen be authorized to ne- gotfate for the sale of the town farm, provided such sale shall not be effected until the town is in a position to fulfill its obligation to the poor without said town farm. w. Burton Allen was moderator of the meeting. Rudolph Karl served as clerk.
 Joseph Versari of New York city was weekend guest of his parents, MT. and Mrs. Armando Versari of Meadow street.
 Horald Wheeler of Waterbury visited his parents, MT. and Mrs. Fred Wheeler, on Sunday.
 The addition to the Litchfield Mutual Fire Insurance Company building is now complete and is ready for occupancy.
 Miss Irene Driscoll of Spring field, Mass, and Miss Doris Dris- coll of Torrington were visitors Sum- day at the home of MT. and Mrs. Patrick Driscoll of Lincoln place.
 Litchfield was well represented at the Tercentenary Choral Concert Saturday night at the Music Shed at Norfolk.
 Julius Guinchi was 8 Sunday guest of friends in New York city.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-25
i. S. MAY AID
GAS CREDITORS
Government Cooperation in
A. G. {. Reorganization
Is Indicated.

Bx United Press
NEW YORK, Dec. 25-The Unit
ed States government will cooper
ate with creditors of the Associated
Gas and Electric Co. seeking reor-
ganization of the company under
the bankruptcy law, it was indi-
Gated today.
The government recently filed
liens for more than $4,000, 900
against the company, representing
it's claim for income taxes for 1927
through 1888.
Francis H. Koran, head of the
civil division of the United States
Attorneys Office has received per-
mission to appear as friend of the
court. He attended a reorganiza-
ton hearing before Federal Judge
Julian w. Mack, on authorization
of the Attorney General.
Referring to the interest of more
than 100000 holders of the corpora
TONS securities, Mr.. Koran said
that "the Commissioner of Internal
Revenue and his representative here
desire to avoid the necessity for
taking any summary action with re-
spect to distraint against the assets
of the company if some other legal
means can be found which will pro-
vide the governments large interest
in the matter"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-25
PRICE DECLINE Seen
PROBABLE FOR 1886
Fourteen Upturns Cited in
Report Since 1865.

L bWtS SpCClUG
NEW YORK, Dec. 25.-Commodlty
prices, based on fluctuations since
Civil War days, are expected to suf-
fer probable price recession dur
ing 1886, according to a report re-
leased today by the Alexander
Hamilton Institute. Since 1865,
there has been IA periods of rising
prices, one lasted four years, one
three years, three two years, and
seven one year.
All the periods lasting more than
three years occurred under condi-
tions which do not exist today. The
1997-1900 period and the 1902-1907
period came at the beginning of the
long term inflationary movement.
The 1915-1920 period covered the
years of wartime imitation
In addition to the duration of
former periods of rising prices, the
extent of the current advance in
dictates recession in 1886 The
current rise has not only lasted for
three years but the increase,
amounting to 23.5 per cent, has
been more extensive than in any
previous period since the Civil War
with the exception of the 1915-1920
period when the. wartime imitation
resulted in a price increase of 1857
per cent.
In the 1880-18S2 period, which re-
sembles the present one, the price
rise lasted for three years and
amounted to 20.8 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-25

Is per cent. Such comparisons, it
is pointed out, do not furnish an &C
curate picture of relative tax bur-
dens, since all estimates of national
income are only general approx
nations and the concepts used by
statisticians in the several countries
differ.
The apparent advantage of the
United States, indicated by these
comparisons, is also nnininized by
the fact that the depression brought
about much larger increase in the
ratio for the United States than in
the ratios of the other three coun-
tries. In comparison with each of
those countries, our position is rela-
lively less favorable than during the
decade prior to 1880.
Impose Additional Burdens
The combined Federal, state and
local tax burden in 1882 to 1884 was
substantially greater than in the
years preceding the depression, as
indicated by the rise in the ratio
of tax collections to national in
come from between 10 and II per
cent to the present level of 20 per
cent.
In the last few years the rates
for many old taxes were increased
and other taXes-state sales taxes.
processing taxes, excess profits
taxes, a capital stock tax and other
Federal miscellaneous internal reve-
nue. taxes-were adopted or revived.
The ultimate effect of these new
taxes as a group is to impose addi-
tional burdens on business and in
dividual incomes.
These added burdens were i'm
posed at time when business and
individual incomes we're at a SUBJ
normal level. Consequently, the
drop in tax collections from So
300000,000 in 1880 to $9,5OO,OOO 900
in 1884 does not reflect a reduction
in the tax burden That burden has
become greater, whether measured
in terms of national income or any
other standard.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-25
COM modify PRICES
INCREASE SLIGHTLY
Index Placed at 1875, Compared
With 1874 Week Ago.

L lWBS SUPClQt
WASHINGTON, Dec. 25.-The
general level of wholesale commod-
ity prices showed only slight
change during the week ended Dec
81, according to a report released
today by the National Fertilizer As
ISOLATION. The index for the week
stood at 1875, based on the 1858
average as 100, compared with 1914
in the preceding week.
The slight advance of the COM
posite index occurred in spite of the
fact that six of the component
groups registered declines and ad-
vances took place in only three. The
principal increase, and the one
largely responsible for the rise in
the composite index, was in the
grains, feeds and livestock group;
rejecting higher quotations for
small grains and cattle, this index
rose to 83.1 from 819 week earlier.
A moderate rise in the fats and
oils index was caused by the rise in
prices for butter, linseed oil, Coco
nut oil, and corn oil, which more
than offset declines in lard, cotton
seed oil, and palm kernel oil. Higher
prices for news-roll paper and rub
Der resulted in small rise in the
index for miscellaneous commod-
tiles.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-25
CANADIAN SECURITIES
REGISTERED WITH SEC
Issue of S4O,OOO,OO0 3-Year Notes,
Due Jan. /, to Be Ordered.
Times SpecinJ

Issue OF S4U,UUU,UUU g. L ear Notes,
Due Jan. 1, to Be Ordered.
Times Special
WASHINGTON, Dec. 25. - The
Dominion Of Canada has filed a
registration statement with the
Securities and Exchange Commits
sion seeking listing of an issue of
$40,000,000 three-year 2 per cent
notes, due Jan. l, 1889, it was learn
ed today
Proceeds are to be used in re-
funding other Understanding OBJ
legations, it was stated. An agree
ment has been reached for the sale
of the notes to a group of United
States and Canadian banks at
price of 1915. No public offering
is to be made.
Included among the underwriters
are the Chase National Bank, S10,-
100000; the National City Bank of
New York, $5,OO0,OOO; Bankers
Trust Co. of New York, $5.000,000
and the Chemical Bank and Trust
Co., 100000. Cash from the
Dominion treasury amounting to
100000 is to supplement the S39,-
100000 to be netted from the sale in
retiring promissory notes now out
standing.