davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-11-10

VIEW: NEW YORK: Nov: 10 R.-Leadns
in foreisn exchanye DEALINGS today,
and Hanf Of Of gsnk Of
today. bankers saie. were offset by foreign
demand for the dollar to buy American
securities and an undercurrent of nerv-
business abroad over political trends.
Sterling lost u cent in terms of the
dollar, and the French franc declined
.00,. of a cent The sulder was .O3 OF a
cent lower and Swiss franc down 02 of a
cent, while the belga was unchanged
Noon rates follow:
cents. Great Britain. 4.74a4; 6O-day bills,
aaas 47a; Canada Montre.l in New York,
Belgium; Belgium; 1ss!a.' tCzechosloya kia. 3.44ls;
20.50; Travel 80 90; Greece. -.ss; Hun
gary, 1885 Italy 5.26h: Yugoslavia
: sa,a q - NethsrI.nds - a.: Norway. s3.s6
n mania mia -; Spain. 9nsaggeeted; Sweden,
3l.65n: Brazil ureel. 59On; Mexico City
= Don: Japan: 27.72; Hong Kong, 29.65;
Shanghai 1910.
Rate in spot cables unless otherwise
Nominal
Evening star., 1938-11-10
Bituminous Output
Declines in Week

The National Coal Association,
from incomplete car loading reports
from the railroads, estimates btu
nlinous coal production in the United
States for the week ended November
as approximately 100000 net tons.
Production for the corresponding
week 1887, 8,880000 tons; 1886,
9,782,000 tons. Percentage of change:
1887, decrease 90 per cent; 1886,
decrease 1872 per cent.
The report of the National Btu
minous Coal Commission shows pro-
duction of 8,O93 900 tons for the week
ended October %, and 1858 900 for
the week ended October %, 1898.
Production calendar year to No
Vember S: 1888. 276,077 900 tons (sub-
]ect to revisionD; corresponding
period 1887, 376,332,OOO tons; de-
crease. 266 per cent.
Evening star., 1938-11-10
Higher Steel Rate
Expetted 10 Hold
For Rest Of Year
Iron Age Predicts 1t
May Climb Further
Before 1893 Closes
~ the Associated Press,

~ the Associated Press.
NEW YORK, Nov. 10.-The Ma
tion's current steel rate of around
81 per cent of capacity is likely
to continue throughout the re-
mainder of 1888 and even may climb
a little higher, Iron Age said today
in its weekly review of the steel in
dustry.
"The immediate outlook for steel
operations is promising" the pubh-
cation said. mo let-down this month
is indicated, and, in fact, the rate
may rise further during November
and possibly December"
1t seems probable, the trade jour-
nal added, that 1888 ingot output
may be near 10000, 900 tons, output
In the first 10 months having been
81 1,123,872 tons.
On the longer term future, how
ever, the publication was less opti-
mistic.
Unless there is revival of pri-
vate undertakings, it is difficult to
forecast continuance of the pres
ent favorable trend in steel bookings
and production beyond the time
when lettings Of Governmental
nanced projects reach a peak, which
probably will be about next March" !"
the organ said. Aside from the au-
tomobile industry, which is making
rapid strides in getting back to a
normal basis Of operations, there is
no outstanding improvement in any
important steel-consuming channel.
Much Of the current activity,
which has lifted ingot production
this week to 81 per cent, as COM
pared with an average output last
month Of 5245 per cent, emanate
from the automobile industry and
Government-financed construction
work. Automobile companies are
taking large shipments of steel and
In some instances have asked for
earlier deliveries than were origi-
nally specified, which accounts in
part for the four point rise in op-
erations over last week"
The Iron Age scrap composite
price index now stands at $14.5o,
up 8 cents from last week.
Evening star., 1938-11-10
Chicago Livestock

n.Ci CHICAGO = Nov. 10 aP..-(United States
IIncludins 900 direct mostly steady to
10 lower thai Wednesdays averase: spots
top. 80; GOOD and choice i9o-2sO poun1s.
:. .55-15: 150-ls0 pounds ..5O-1O: good
7.30-5O; few butcher kinds to 76O; ex-
treme weights. 7.25 down:
.rG Cattle rh5s 45oo: calves 200: fed steer.
lo-i5 OF: medium weis ht and .weiehty
steers grading medium TO strictly good
showing most decline: nothing strictly
to sell al $50 to 100; stockers and feed
ers dull on preho!iday trade; weeks early
advance erased. especially on yearlinRs and
weishty feeders; light heifers and cut
tsr grades cows, steady: most cutters 425-
-: strong weiehts to 500 and better: beet
cows weak but scarce: bulls and vealers
steady; best weighty sausage bulls sos;
Vea!erS, 1000 to II 90.
late Wednesday tat lambs mostly steady:
top, $50 TO small killers; natives and fed
Westerns to other Interests. $40 down;
most natives, S.00-c5: yearlings. 775-
500; today's trade fat lambs and yearlings
openine very SLOW; good to choice offerings
bid upward to 900: choice held. aH5-35
and above: indications weak on sheep.
Evening star., 1938-11-10
Chicago Produce

CHICAGO Nov. 10 lP.-Butter,> 526.-
447: steady. Creamery drsts $3.50
score). 23@-24A; standards go. CEN
tralized carlots). 25A-h; other prices
unchanged.
Eggs-3,37s: firm; refrigerator. extras
23A; standards, 23h: arsts. 22A; other
prices unchanged.
Poultry, live-one car. As trucks;
steady; prices unchanged.
Dressed-Steady: prices unchanged.
Potatoes. -: on track. 26O;, total q: S.
shipments; 4s6; Eusset Burbanks. best M
ouaiity. un.ettled: slishtly weaker tend.
Arm demand moderate: Northern Cobblers
and round whites arm. demand fairly rood
other varieties steady. demand fair: SUD-
plies moderate; sacked; per c.t., Idaho.
ton sacks. %; burlap saeks: 1.75-s5:
Ss! wiseq1'ia roond .s,:s: e. No nehi:eo oo
Eusset Rura!s. p: 2; eoMmercisls; 100;
q. 8. No !. 1.35; Cobblers. 90 Per cent
2. g; No; !. l;1o: Minnesots and North
D. No. l, 1.10.20.
Evening star., 1938-11-10
New York Produce

NEW YORK. Nov. 10 '4N.-Esgs IA 500:
hpm tid Mixed eolors. special packs 37ls-
5a,a; 5a standards; 81: hrsts, .2s,9; seconds.
23l2; average checks. 2l-22: refrigerator
specials, 25-2s; standards, 24A-ha: nrsts.
"a: mediums co34
Whites-Resale Of premium marks. 49,
45. Nearby and Midwestern premium
marks. 4O-4@; exchange specials 37-39
NMid%estern exchange standards. 36.
and Western exchange mediums 2SL2: pull
let's. 90 Nearby and Midwestern. re-
frigerator. specials. 29-32: standards. 81
IS; flrsts $3.50
Browns-EXtra fancy. 4lla-43. Nearby
and Western. exchange specials. Al: other
western standards, 36. Nearby. exchange
mediums. 2S12
Duck egRs-Fancy 80
Butter-965.643 nrmer Creamery
higher than extra. e61a-27A; extra co.
onds tS4-S11. 21-23
Cheese-sS, 100; easy Prices unchanged
Evening star., 1938-11-10
TO THE PoL1cYHoLDERS OF

INSURANCE COMPANY OF AMERICA
NOTICE is hereby Eiysn tha, meeting Of
INSURANCE COMPANY OF AMERICA
will be held at the Home Office of said Com,
pany. in the City Of Newark. New Jersey. on
Monday, the Fifth day of December, 1883
at twelve o'clock noon, for the purpose Of
selecting four persons to be voted for by the
polieyholders' Trustees as members Of the
Board of Directors at the annual election OF
Directors of the Company to be held on the
Ninth day Of January. 1889.
At such meeting every policyholder Of the
corporation who is of The age of twenty one
years or upwards and whose policy has been
m force for at least one year last past shall be
entitled to cast one vote in person or BY proxy.
WILLIAM w. VAN NALTS, SsertoJ
Evening star., 1938-11-10
Son Francisco Exports Up

NEW YORK, Nov. 10 (SpeciaD ~
Exports from San Francisco Harbor
during August totaled s12,O57 ,632. an
increase Of SO per cent over July
dargely because of seasonal in
creases IN food shipments, but a
decrease Of IL per cent below August,
1887, according to the current Busi-
ness Outlook of the Wells Fargo
Bank, San Francisco. January
August exports (s79,64O, ,456) were 5
per cent lower than in the same
1887 period.
Evening star., 1938-11-10
Federal Lond Banks
London Bank Report

land statement as Of November In
thousands Of pounds: Circulation. 4s2.-
600: decrease. 1880. Bullion. a27.7 .706:
decrease. 16. Reserves. 45.O16; increase.
1,245. Public, deposits 15.937: increase
1.S05. Private deposits, 145.001: de-
crease BIG. Government securities 1Ol. =
57l: decrease. BIS. Other securities 32.-
0s2 increase. 4S9. Ratio Of reserve to
Liabilities. 27.9 per cent. compared with
27.3 last week
Evening star., 1938-11-10
U. S. Treasury Notes
NEW YORK. Nov 10 LP.-Prices
quoted in dollars and thirty seconds:
Approx
New York Sugar

NEW YORK. Nov. 10 R,.-The No. ?
today. while the No lost early advances
Of "a to l point under pre-holiday realiz-
ing
March No 3 sold at 2O7 and July o.13.
or UNCHANGED to l point net higher while
March No. reacted to 1.Osla and May to
] II. leaving the list around the begin
CHANGED.
Evening star., 1938-11-10
Republic Steel
To Spend Nearly
| $3.50,
,y the Associated Press.

CLEVELAND, Nov. 10-Republic
Steel Corp. announced today appro-
priation of nearly $1,250,0OO" for
plant improvements The largest
appropriation covers installation OF
equipment at its Gadsden (Ala.)
plant for manufacture of welded
wire mesh and for bending building
reinforcing. Other improvements,
Republic said, are at Ohio plants in
Youngstown, Warren and Cleveland.
Evening star., 1938-11-10
Morgenthou Asks Bid
On 91-Doy Bills
Py the Associated Prexx

Ry the Associated Press.
Secretary Of the Treasury Nor
genthau invited bids yesterday for
about sl00,000,000 OF Treasury 9l-
day bills.
The bills will be sold on a dis
count basis to the highest bidders.
Evening star., 1938-11-10
Sears, Roebuck
Reports Sales
Below 1887
By the Associated Press.

CHICAGO, Nov. 10.-Sears, Roe
buck & Co. reported today tenth
period sales. October 10 to Novem-
Der S. of $47.874, ,046, a decrease Of
50 1853, 100. or 81 per cent, compared
with $51 ,032 ,236 for the correspond
ing period in 1887.
Aggregate sales for the 10 periods,
January 81 to November S, were
1898 ,346, ,l46, decrease of $4,000.
297 or 1O.1 per cent, compared with
the total of $437 ,376,443 for the
corresponding periods a year ago.
Evening star., 1938-11-10

Showing percentage gains over q
year ago according to major geo.
graphic areas, the institute said,
were: New England, up 81 per cent:
Middle Atlantic, 3.6, and Pacific
Coast, 2.S. Tagging behind the SINH
lar 1887 week were: Central indus
trial, 81; West Central, 2: Southern
States, IA, Rocky Mountain, IS.
Evening star., 1938-11-10
Steel Shipments
Show Increase
| In October
, the Associated Press,

NEW YORK, Nov. lO.-October
shipments of finished steel products
by United States Steel Corp. subsid-
iaries totaled 633, 3,287 tons. an in
crease of 85,621 over 577,666 In the
preceding month. They were l29 023
below October, 1887, shipments OF
1872, 2,310 tons.
For the first 10 months shipments
aggregated 5.251,511 tons, against
l.749, 1855 in the like 1887 period, q
drop Of 6, ,497 ,645 tons.
Evening star., 1938-11-10


I'm bankruptcy recevershp
banEruptcy Act or securities assumed By such companieS
Rates OF dividend the
ments based the
Unless otherwise noted
cluded
xd Ex dividend Elk rights
share Of So preference
year stock Hccumulated dividend paid Or Do.
clared his year o~NN'~'~~ ~-''N>N~ ~~'S W W.
Evening star., 1938-11-10
Dry Goods Market

| markets were again active today and
about 900 900 yards of print cloths were
sold at the higher prices established yes
| heavy fabrics WAS better. Rayon yarns
sold IN fair amounts but gray Goods mar
! cents . pound. Burlap held quietly Arm
Evening star., 1938-11-10
So|es
Down in September
BY the Associated Press.

by llle ASSOCl1ted PfeSS.
The value of air conditioning sys-
TENS and equipment orders in Sep
tember totaled $3,052, ,460, compared
with $3,220,906 in August, a decline
OF So per cent, according to sta
tistics compiled by the Commerce
Department. The figures were based
on reports from 125 manufacturers.
Evening star., 1938-11-10
Washington Exchange

SALES.
Washington Gas Light pfd.-l0 at
102, 10 at l02, 10 at l02, 10 at l02.
Notice.
This exchange will be closed to-
morrow, Armistice Day.
Evening star., 1938-11-10
Metal Market

steady; electrolytie SPOT. 1l.sb: sxport.
1l.34. Tin steady; SPOT and nearby.
4e.7S; fcEs;rd g. 80; Lead steady: rot.
Zinc steady: East St Louis. spot and for
ward. sos, PIG iron. aluminium. anti
mony. dutckdlyer. platinum and Chinese
volframite unclaimed.
Evening star., 1938-11-10
Electrical Machinery
Sales Go Down
By the Associated Press.

Manufacturers sales of electrical
machinery, apparatus and supplies
declined % per cent in September
from the like month last year, &C
cording to reports of los concerns to
the Commerce Department.
Evening star., 1938-11-10
Odd-Lot Dealings
By the Associated Press,

The Securities Commission reported
yad;lot Dealers Or specialistS on the Nev
YORK STOCK ExchA1sD foe. November 9:
1865 sales involvtns z0o.S6t shares.
Evening star., 1938-11-10
Power Output Forges
Ahead Of Year Aqo
In Latest Week
Decline From Previous
Week Smaller Than
SeosonolIy Expected
BY the Associated Press.

BY the Associated Press.
NEW YORK, Nov. l0.-Electric
power production in the week ended
November 5 topped the similar week
OF the previous year for the first
time since early December last year,
the Edison Electric Institute re-
ported today.
Power output in the latest week of
2,207 ,444 900 kiloWatt hours was 2 of
l per cent above 2,202 A5l 900 q year
ago but 8 Of per cent below 2,226,-
O38,0O0 in the preceding week.
The decline from last week, how
ever, was less than seasonally ex-
pected and the Associated Press in
dex of production, with l929-3O
taken as 100, advanced to a new
high for the year at 1148, compared
with l14.5 last week. The index,
which is adjusted for seasonal and
long-term trend, was 1853 a year
ago.
The range for recent years fol-
Evening star., 1938-11-10

Kress. s. H., & Co.-October sales
were OF 1 per cent. Ten months of
70 per cent.
Evening star., 1938-11-10
Tobacco Markets
hy the Associated Press.

Growers disposed OF 924s56 pounds
of bright tobacco on the old belt market
at Danville yesterday The poundage
brought total of SI96012.63.
Poundaee and price averages reported
for virginia markets follow:
Evening star., 1938-11-10
Rubber Futures

NEW YORK. Nov. 10 R-Crude rub
ber futures opened unclaimed to 8 lower
December. 17.17: March. 1910: May.
17.10-l3.
Evening star., 1938-11-10

Quotations not furnished by psonsor or
issuer: all others are obtained BY !. 3. C.
from those sources.
Evening star., 1938-11-10
Investing Companies

NEW YORK. Nov 10 LP.-Investment
Bankers Conference Inc:
moon Quota tion1
Evening star., 1938-11-10
Insurance Stocks

NEW YORK. Nov. 10 GP.-Investment
Bankers Conference. Inc.
Evening star., 1938-11-10
Foreign Exchanges

Also extra or extras.
eDeclared or paid SO far this year.
Evening star., 1938-11-10
Bid and Asked Prices
BONDS

PUBLIC UTILITY.
Evening star., 1938-11-10
MISCELLANEOUS
STOCKS

PUBLIC UTILITY.
Evening star., 1938-03-02
CRANE NET PROFIT
$9,765,126 IN YEAR
1887 Showing Is Equal to
1888 on Common, or
$1.59 Above 1886.
BY the Associated Press.

Dy tHe hSsOCldtcu fIebe.
NEW YORK, March 2.-Crane Co.,
plumbing and heating supply COM
pany of Chicago, with plants and
sales Offices throughout the United
States and Capada. reported today a
net profit of S9,765,l26 for the year
1887, equal to $3.50 a common share,
compared with s5,802,l7O, or S2O4 a
share, in 1895.
WaIworth Net, S1,3540O0
Walworth Co. reports net earnings
for 1887 of sl.354,00o after charges
and provision for Federal surtax.
equal to slO3 share of common
stock, compared with 1886 earnings
Of s519.218, or al cents a share of
common. Company manufactures
valves and fittings at plants in Mas
sachusetts. Illinois, Pennsylvania and
Alabama.
Sales amounted to s16,6l4.622. an
increase of approximately 2l per cent
over 1886. Assets of S6,60e,738 on De-
cember 81, 1887. si1owed a ratio of
more than to against current liza
bilities of sl,3O56os.
Houdaille Hershey Corp.
Houdaille- Corp. auton1o-
bile parts manufacturers, reported
net profit of s2.1l7.442 for the year
ended December 81, 1887, equal to
s2.14 a share on no-par class "B"
stock This compares with s2,202,0 ,040,
or S2.25 a share. in 1886.
Grand Union Co.
Grand Union Co.. operators of
chain stores in Middle Atlantic and
New England States, reported net
profit of s35657I, or 1923 a share,
for the year ended January l, 1888.
compared with s3l5,341, or sl98 a
share. for the SO weeks ended jan
uary Q 1887.
Amerex Holding Corp.
Amerex Holding Corp. reported 1887
net income of S900.872, equal to sI72
a share of capital stock, against S722,-
765, or 81 cents share in 1886. For
merly the Chase Securities Co., the
corporation was separated from the
Chase National Bank in compliance
with the Banking Act of 1888 The
corporation controls American Express
Co. and several investment companies.
American Express Co.
American Express Co. reported 1887
net earnings of S2,300.360 including
profit from sale of securities, equal to
Sl278 a share on capital stock. This
compared with net earnings equal to
Sl026 share in 1896 Company
operates in the money order, travellers
cheques, remittances, travel and for
eign forwarding business.
BOhn Aluminium.
Bohn Aluminium g. Brass Corp. and
subsidiaries. with plants at Detroit, re-
ported 1887 net profit of sl,773,462 af-
ter undistributed profits surtax. equal
to $500 share on capital stock This
compared with sl,579,90l or s448 a
share in 1886.
Southern California Edison.
Southern California Edison Co. re-
ported 1887 net income of S12 2,058, ,469.
Evening star., 1938-03-02
MOTORS SHARES SCORE
SMALLEST MONTH RISE
By the Associated Press.

By the Associated Press.
NEW YORK, March 2.-The small
est percentage gain among leading
share groups has been credited to
motors. They rose 1.3 per cent. The
used-car jam, the passing of the
Chrysler payment on the common
stock and salary cuts by General Mo-
tors kept the industry's troubles in
the financial limelight.
Reports from motor centers point
to some expansion in production
schedules this month. However, this
is labeled seasonal trend. Some
trade authorities have taken the view
the industry may have to wait out 1898
for worthwhile improvement in its
production stride, despite the reputa-
ton it earned on the ls33-l937 rise as
a recovery leader.
Evening star., 1938-03-02
CITIES SERVICE FIRMS
REGISTER UNDER ACT

BY the Associated Press.
Three subsidiaries of Cities Service
Power g. Light Co. have registered
with the Securities Commission un-
der the Holding Company Act.
They were East Tennessee Light &
Power Co. of Bristol, Tenn; Toledo
Light e. Power Co. of Jersey City and
Central Arkansas Public Service Corp
OF New York
Cities Service Power g. Light Co.
registered under the Holding Company
Act last week.
The commission announced that
Consolidated Cities Light, Power g.
Traction Co. and Dominion Gas Co.,
both of Jersey City, had applied for
exemption from the Holding Company
Act. Both are subsidiaries of Cities
Service Co., which also has applied
for exemption.
Cities Service Co. is the parent of
Cities Service Power g. Light.
Evening star., 1938-03-02
WALLACE REFUSES
BIGGER SUGAR CURB
Says He Won't Meet Producers
Demands That Imports Be
Cut, Price Raised.

By the Associated Press.
Secretary Wallace said last night
he would not acceed to demands"
of representatives of American sugar.
beet growers and professors that he
impose further import restrictions on
sugar to increase prices.
His statement was made in a let
ter to Senator Bulkley. Democrat. of
Ohio replying to the latter's request
for comment on q communication
from the Farmers and Manufacturers
Beet Sugar Association.
The Secretary said the sugar tariff
on imports, plus benefit payments to
domestic growers and professors. had
the effect of giving American beet
sugar producers price of s265 a
hundred pounds, raw value, over world
prices.
Secretary Wallace also denied
statement he said the association had
made that sugar prices had been de-
pressed by the direct action of the
Government through excessive estl-
mates of consumption
Evening star., 1938-03-02
CHICAGO LIVE STOCK.

CHICAGO, March . (P,.-(United States
Department OF Agriculture.)-H $4,000.
including 5000 direct; market mostly
steady with Tuesdays average; spots,
$40 higher on weights go pounds up:
top. 9.45; bulk good and choice 16O-24O
pounds. 9.15-40; 250-27O pounds: 10000:
2so-360 pounds. s.S0-9:10: good medium
weight and heavy packing Sows, 7.6O-S5;
smooth butcher kinds, 500:
and yearlinEs. 1915 higher; instances IS
pI,;,,, pn; market active At ADVANCE: most other
SLIGHTLY better prices: fed heifers sharins
steer upturn: largely steer run: choice to
ia at Io,35 next . hishest price. $50; several
top on fed heifers: S.35: several loads held
around ,s.75: beef cows 1918 up; cutters
and bulls strong: vealers scarce and steady
at Tuesdays decline: mostly 90 down.
Sheep. 5000, including 900 direct; Tues
days lamb top s.75 to packers and ship
pers: todsy's trade mostly steady on
wooled wool lambs; clipped offerings and choice
lambs. s.50-75; choice clipped lambs, 500:
top ewes, 90.
Evening star., 1938-03-02
0RDERSF0RS STEEL
ARE ON UPGRADE
Iron Age Sees Optimistic
Signs-Ingot Rate Is
Steady at 80 Pct.
BY the Associated Press.


NEW YORK, March 2.-Rising de-
nland for steel was reported today by
Iron Age in its weekly review Of the
steel industry.
steel manufacturers this week
found many signs of improvement in
business, although maintenance of the
national ingot production rate at 80
per cent. unchanged from last week,
suggests that increased buying of some
steel products is not yet substantial
enough to indicate a definite uptrend
is near" the publication said.
Nevertheless, sales Offices in many
steel-consuming areas find better
feeling among consumers and report
actual buying for February shows
gains ranging as high as 80 per cent
above January.
Tax Revision Stressed.
More significant than the steel
operating rates inability to rebound
in the first week of March are the fair
prospects for revision of the contro-
versial undistributed profits tax, a
breaking of the used car jam. favor
able freight rate decision by the Inter-
state Commerce Commission ian II
per cent increase is forecast) and
rather strong indications that the ad-
minlstration at Washington is pre-
pared to call a truce. at least until
after the November elections, in efforts
to pass new legislation opposed by in
dustry," the publication added
Still more tangible evidence sup
porting hope for spring recovery in
steel demand is the recall Of 10000
idle automobile workers at Detroit
and plans by some automobile makers,
such as Plymouth. to lift operating
schedules from three days at present
to four days week Vigorous efforts
by the automobile industry. leading
outlet for steel, to break the business
recession, accompany reports that
buying of new and used cars is now
showing Improvement.
Rails More Promising.
THE railroad industry, which for
some months has kept its purchases
of rails and other equipment as low
as possible, is already entering the
market in a small way and is await
ing formal I. c. c. announcement
of freight rate advance to buy steel
in quantities certain to be reflected
substantially in steel plant operating
rates. BY mid-March orders for as
much as 10000 tons of rails are ex-
pected to be placed Canadian Ma
tional Railways has just bought 300
box cars from two Canadian COM
panies.
Whether the building industry
soon will be able to free part of its
pent-up demand for steel depends In
part on whether disagreement over
labor rates can be settled"
The Iron Age composite price for
scrap steel declined cents a ton to
1888 during the week.
Evening star., 1938-03-02
BOSTON & MAINE R. R.
PLEDGES SECURITIES
E>t the Assori,tsd press

B. the Associated Press.
The Boston e. Maine Railroad Co.
notified the Interstate Commerce
Commission today it was ready to
pledge sl.52s.o00. principal amount
Of securities now held in its treasury.
for 100000 Reconstruction FL
nance Corp. loan
The securities offered are in addi-
ton to those previously pledged by
the road. The commission asked for
the additional securities some time
ago in approving the roads applica-
ton for the loan.
Evening star., 1938-03-02
WILSON'S SALARY $50 500.

Thomas E. Wilson. chairman of Will
son g. Co.. Inc. Chicago. received ag-
gregate remuneration of s8O,599 in the
fiscal year ended October 80. 1887. the
company reported to the Securities
Commission.
A. r. McCartan, an employee" re-
ceiVed $32.615 and w. J. Cawley, vice
president, S26,899.