davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-01-19

President Eisenhower joined
Capital reporters late yesterday
as guest of the Republican Sen
atorial Campaign Committee at
a reception: stuck to the tomato
juice routine, and shook hands
with Senator Mccarthy. one Of
the administrations chief critics
on foreign policy.
The President spent a half
hour at the Washington Hotel
affair, which was billed as a
cheese party" by the commit
tee, whose job it is to try to
keep the Republicans in control
of the Senate in this years con-
gressional elections.
The party was primarily in
honor of the men and women
who cover Capitol Hill. and 1t
was the first affair of the sort
that Gen. Eisenhower has at
tended.
Senator Reconsiders.
Just before Gen. Eisenhower
arrived. Senator Mccarthy
who recently criticized admins
tration handling Of foreign poll
icy-Started to leave.
Spotting a group Of reporters
at the door. he laughed and re-
marked that he really ought to
leave to keep another engage
ment but figured that If he did
some reporters might write that
II snubbed the President.
With that. Senator Mccarthy
turned and went back into the
room. Gen Eisenhower was just
about ready to leave when Sem
ator Mccarthy spotted him.
walked over and shook hands
and talked with him In q low
voice
Newsmen could not hear what
Senator Mccarthy said. but the
President laughed heartily and
then asked the Senator:
What does that mean. Joe?"
Senator Mccarthy later
laughed and declined to say what
he told the President. declaring
he couldn't remember.
Throws Arm Around Dulles.
AS Senator Mccarthy left the
reception, he met Secretary of
State Dulles. whom he has crit
icized much more sharply than
Gen. Eisenhower in connection
with the handling Of foreign
policy.
Senator Mccarthy threw his
arm around Mr.. Dulles and told
the Secretary that in his opinion
you have been doing q fine job
under the circumstances.
The rest of the conversation
could not be heard. but Mr..
Dulles reportedly said afterward
that Senator Mccarthy asked
him whether it wasn't true that
he MCCARTHY had beer a
Evening star., 1954-01-19
Hecht Wills S23O,OOO
For Charitable Use
sy me Assseia.sd P,sss

BALTIMORE, Jan. l9.-Stock
worth about $4,000 was set
aside for q charitable foundation
by Moses 8. Hecht. head Of the
big department store chain who
died January s.
His will was 1lled for probate
in Orphans Court here today.
There was no oficial estimate
on the total value Of the estate.
Mr.. Hecht bequeathed 10000
shares Of Hecht Co. common
stock, to the charitable founda-
ton. He did not detail what its
purposes or activities were to be,
but left that up to the trustees
two Of his sons. Samuel M. and
Henry: Harry j. Green, q Balti-
more attorney. and the Mer-
cantile-Safe Deposit & Trust Co.
After other specific gifts to
relatives and employees. Mr..
Hecht left the residue Of his es-
tate in trust for grandchildren.
The company which he found
ed and headed has six stores in
Baltimore. two in New York. q
downtown store and two sub
urban branches In Washington
and single stores at Annapolis
and Easton, Md.
Evening star., 1954-01-19
Hard Coal Miners
Pensions Cut in Half
To $50 Per Month
By the Assoeioted Press

oy UtS ASSOClutcu TIeSS
HAZLETON. Pa, Jan. 19.-
Pension payments to retired hard
coal mines are being reduced
from 500 to $50 a month,
the Anthracite Health and We'll
fare Fund announced today.
Paul McNelis. executive sec
retary of the fund. said the so
per cent cut, which is effective
Immediately, was necessary be-
cause of a continuing decline
in revenue resulting from a
steady drop in hard coal pro-
duction.
The reduction affects $4,000
members of the United Mine
Workers of America, Mr.. McNehs
told beneficiaries of the action
in letters sent to them after a
meeting of the funds Board Of
Trustees last Friday.
Death Benefits Curtailed.
Mr.. McNelis said the new pol
icy will stand until fund finances
improve sufficiently.
He also disclosed that bene-
fit payments on deaths after
January Is, 1854, will be read
justed from 81 900 to $500. He
added that approved and over
due death benefit claims prior
to January Is. will be paid on
the old basis.
Mr.. McNelis said that hard
coal production dropped from
81 million tons in 1916. the year
the fund was established, to
80 million tons last year. This
decline, he asserted, had had a
disastrous effect on the fund.
The pension and welfare fund
was the brain child Of John l..
Lewis, president Of the UNIV,
and was obtained in contract
negotiations with the mine in
dustry, Welfare and pension
funds and death benefits are
ueIIVeO 1TOm rOyaICleS from the
sale of anthracite.
Soft Coal Unaffected.
In Washington. a spokesman
for the separate Bituminous
Health and Welfare Fund said
there was no thought of reduc-
ing 500 monthly pensions or
other benefits. He noted that
Mr.. Lewis had recently reported
the bituminous fund had a $98
million balance as of November
80. 1858.
Mr.. Lewis and the UNIV have
tried unsuccessfully for some
time to merge the anthracite
and bituminous funds, thereby
aiding payment of benefits in
the less prosperous hard coal,
or anthracite, portion of the in
dustry.
The bituminouss industry,
however, has resisted such moves
to make it bear part of the re-
sponsibility for benefits paid in
the anthracite industry.
Evening star., 1954-01-19
Pentagon Yields
To Parade Protest
By shs Assoeioied Pres.

BOSTON, Jan. 19.--An arn1is-
tice was in force today In the
battle Of words between the
Pentagon and South Boston.
The Pentagon yielded yester-
day to q protest by officials Of
the Evacuation Day parade
against an order banning par
ticipation Of armed services
troops In the March II celebra-
ton
Army and Navy headquarters
in Boston had informed parade
officials their services would not
be represented because Of past
"disrespect to the troops"
Residents Of South Boston no.
titled the Pentagon. through Pa
rade Marshal Patrick r. Shee-
han. Of the local order and pro-
tested that they are most hos
pitable toward the troops.
In Washington. the Pentagon
told Senator Saltonstall, Repub-
lican, Of Massachusetts,. there
had been a mixup over budget
cuts but that the armed services
would parade.
South Boston marks both
Evacuation Day and st. Patrick's
Day with q big parade and other
festivities on March II.
Evening star., 1954-01-19
Two Accused Of Stealing
Electric Cable al Capitol

Two men have been accused
Of stealing from the Capitol,
1879 pounds of electric cable,
worth about 1s cents pound at
q junk yard.
Charged with grand larceny
are Gilbert B. Brent, 81, of the
200 block of Twelfth street Sc,
and Hammie Wilson. 26. of the
300 block of Sixth street NE.
Both are colored.
Capitol Police reported they
spotted the men loading the
cable into two automobiles on
the Capitol grounds at 7 pm.
yesterday.
The cable, which was in 6-foot
lengths weighing Al pounds each,
had been removed from the
Capitol by the Potomac Electric
Power Co. during rewriting work
now under way. It had been cut
and stacked on the Capitol
grounds.
Police said the men had loaded
81 lengths of the cable into the
automobiles when they were
arrested.
Evening star., 1954-01-19
Benson,s Assistant Secretary
To Resign to Join Foundation

Assistant Secretary Of Agri-
culture John H. Davis plans to
resign before long to work for
9 national foundation, it was
reported today.
Mr.. Davis has been q spark
plug OF the Eisenhower team
working on farm problems. His
pending resignation was reported
to stem from the attractiyeness
Of the foundation lob rather
than any difference with the
Republican regime at the Agri-
culture Department.
Mr.. Davis refused to COM
ment on the reports of his re-
signation except to say that
Evening star., 1954-01-19

he never intended to stay at
the Agriculture Department for
long.
He entered the department the
latest time along with Secretary
Benson just a year ago. Mr..
Davis. 40, worked in the de-
partment thrice before-in 1885
as an economist; in 1910 with
the Farm Credit Administrat ton.
and from 1912 to 1914 as chief
of the wheat section Of the
Commodity Credit Corporation.
Mr.. Davis now is in charge
Of the departments Foreign
Agricultural Services at a salary
Of $4,000 annually.
Evening star., 1954-01-19
President, at G. O. P. Party,
Shakes Hands With Mccarthy

good boy" during the last six
months.
Mr.. Dulles. it was understood,
told Senator Mccarthy with Q
broad smile that he was much
more interested in whether the
Senator was going to be "a good
boy" during the next six months.
Evening star., 1954-01-19
Old Stone Puzzles Experts

Archaeologists are puzzled
over the origin of Tiahuanaco.
Bolivia. where an IL by 13 foot
Gateway to the Sun" is de-
scribed as the worlds largest
known cutting from q single
stone.
Evening star., 1954-01-19
u. S. Has Most Cars

DETROIT. - More than rs
per cent of all of the motor
passenger vehicles in the world
are operating in the United
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-03-12

ment book Of the Sunday school,
March. 1899.
There was also q photograph
Of the pastor, the Rev. Charles
A. Stakley. known as "the boy
orator Of Washington; q man
ual. dated January, 1888, giving
the names Of the members and
the church rules. and a cata-
logue of Columbian College, now
George Washington University
for 1888-89. The college was
started by the First Baptist
Church.
Harold E. Stassen, director Of
the Foreign Operations Admin
istration. took up this theme by
asserting America can look con-
f1dently to the future IF it holds
firmly to the faith of its religions
and its devotion to its churches. :"
DR.. Edward Hughes Pruden,
pastor Of , the First Baptist
Church, introduced members and
visitors to the gathering. Among
them was Senator Carlson. Re-
publican, Of Kansas, a member.
The invocation was given by
DR.. Earl F. Adams, Washington
representative. National Council
Of Churches, and the benediction
by DR.. Arnold T. Ohrn. general
secretary. Baptist World ALI
ance. Carey Shaw. jr., was
toaStmaSter-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-03-12
Something Gained, Something
Lost in Secrecy Of Cornerstone

down to make way for q new 50
million church.
II some one took something out
Of the box. another person put
something in while the heads Of
church members were turned
elsewhere.
This was a note. and it was
probably slipped into the box by
the stonecutter, Jack Batchen
It was headed, I'm memory of
the stonecutter," and was dated
March "a, 1899. 1t said:
ITO the church, the UNDER
signed drilled this cornerstone
of and all so primed the hole
which the box goes in at" 1t
was signed by 1T. v. Mcintosh,
jr.;; Robert Mcleod. apprentice
boy. and Jake Batchen is the
stonecutter who cut it,"
There were numerous other
items In the box to recall that
far-of eyent-a newspaper of
the day, with a murder story
featured on Page /; q hymn,
THE Rock Of Ages; the enroll
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-03-12
Dewey Asks for Law
Putting Strict Curbs
On Harness Tracks
BY The Associated Press

ALBANY, N. Y, Mar. Ia
Gov. Thomas E. Dewey today
called upon New York's Legis-
lature to impose drastic restric-
tions on the scandal-ridden
harness racing industry. He rec
commended a $6-million-a-year
increase in the States share Of
pari-mutuel betting.
Both houses of the Republican
controlled legislature are ex-
pected to give overwhelming
approval of the proposals.
In a special message to the
Legislature, which was accom-
panied by implementing bills,
the Governor urged that it:
l. Give the States harness
racing car. George P. Mon
Afghan, the right to force any
criminal or "other undesirable
person" owning racetrack stock
to dispose Of it to the track or
ito a person of good repute."
2. Prohibit closed shop agree
ments with labor unions and
permit elimination of undesirable
employees.
3. Authorize Mr.. Monaghan to
pass upon any transfer Of stock
in any harness track and require
full information concerning the
buyer so that the czar "can make
his decisions in the public in
tereSt."
4. Increase the States per-
centage of the betting take" in
order to boost its revenues land
remove the prospect Of excessive
profits which tend to encourage
abuses" Il
S. Require that all officers and
employees at harness tracks file
photographs and fingerprints
with the. car.
The Governors proposals were
based on recommendations of a
commission investigating the
sulky sport.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-03-12
By cospor Names

Sixty-f1ve years ago. some one
took something out Of the box
placed In the cornerstone Of the
then new First Baptist Church
unless the memory Of several
survivors is faulty.
II expected coins and maybe
greenbacks in the box" Mrs. E.
Hilton jackson, who was a
young member of a Sunday
School class then, said last
night.
Two others who were students
with her-a sister. Miss Eliza
beth Wingfield. and Miss Julie
A. Kupfer-nodded their heads
in agreement.
The anecdote came out as Mrs
Dorothy c. Winchcole, historian
for the church. took items out
Of the box at the l52nd anniver-
sary' banquet Of the congre-
cation, held in Calvary Baptist
Church. The old First Baptist
Church. at Sixteenth and q
streets NV. was recently torn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-08-01
Landowner, MD, AP. 7-0168

Ample off-street parking is
pro =. iSr you; Join The
urban privacy with city con-
yenienees while living In our
modern, spacious apartments.
Schools, Sllops. direct bus sery-
ice. Utilities included, l. 3,
; bedrooms; rent from $73.
Directions: From Peace
Gross at Hladensbnrg. take
y. 8. Route 30 to 3rd franc
liFht. then turn fieht On r..
2Q2s 90 IA miles TO Kent
ViliAge.
Evening star., 1954-05-18
Chicago Livestock

CHICAGO. May 1S Up (UsDA).
BILE hogs. 5000; butchers steady to 25
higher; most advance on lighter weights;
sows around 20 higher; bulk choice 1SO-
230-pound butchers, 27.5O-28. 90; several
loads and lots choice No. / and Is around
22O pounds down. 2S.lO-2S.25; top,
2s.35 sparinglyi 240.270 pounds, 1900
sows. 330-60O pounds, 2O.0O-23.25; Q
few lighter weights up to 24.OO; good
saiable cattle. 1000; calves, 800;
slaughter steers slow; steady to % low
er; heifers mostly steady: spots around
25 lower on light weights; cows Steady
to weak; bulls active; strong to % high
er; vealers active; mostly 100 higher;
two loads prime 1.303-pound steers,
26.76; several loads mixed choice and
prime steers, 25.00-26. 90; bulk choice
steers and yearlings, 22.75-24 30; high
commercial to low choice grades 1900.
1880; some utility and. commercial
and prime 1,0!S0-DSund heiferS; 1923:
utility and commercial cows, 12.5O-16. 90;
Gamers and cutters. 10.5O-12.75; most
utility and commercial bulls, l5.50-17.75;
good and choice vealers. 22.00-26. 90:
Gull to commercial grades. 100000 90.
Salable. sheep, 1000; general trade
fairly. active; steady with Monday on
slaughter lambs and sheep; mostly
choice 9O-1O8 lb fed shorn lambs No.
/ skins. 23.50-24.00; Gull to low good
liz ID. wooied lambs. S3. 90; a few choice
and prime native spring lambs. $3.50;
Gull to choice slaughter ewes. 4.00-6. 90.
Evening star., 1954-05-18
TT. AscherieId Dies,
Retired Navy Officer

Capt. Theodore r. Ascherfeld.
48. who was assigned to the
Office Of the Chief Of Naval
Operations at the Pentagon
when he received a medical re-
tirement in 1853. died Saturday
at Bethesda Naval Hospital. He
lived at 2Ol6 North Powhatan
street. Arlington.
Born in Rutherford, N. j.,
Capt. Ascherfeld was graduated
from the Naval Academy in 1928.
During World War II he was
engineering officer aboard the
aircraft carrier Wasp; was en-
gineering and hull design officer
for the Bethlehem Steel Co. in
Quincy, Mass, and was engi-
Evening star., 1954-05-18

estate officer in 1943. vice presi-
dent and real estate officer in
l943 and has been vice president
IN charge Of the banking de-
partment since 1945.
Mr.. Pardoe has been active
in the District Bankers Associ-
alton. He has held many inn
portant committee chairman
ships and at present is second
vice president of the association,
being in line for election to the
presidency in June, 1855.
He is a director of the North
western Federal Savings and
Loan Association and the Cap
ltal Marmon-H Harrington Co.
Evening star., 1954-05-18

neering ofhcer aboard the car
rier Hancock. (
After the war he became as
sistant chief Of stan Of the
Hawaiian Sea Frontier. 14th
Naval District. In 1948 he was
assigned to the Bureau Of Naval
Personnel in Washington.
Survivors are his widow, Mary
Ray Ascherfeld: three sons, Mid
shipman Theodore, jr.; william
Ray and Robert: his stepmother.
Mrs. L. H. Ascherfeld. st. Pc
tersburg. Fla; a sister. Mrs.
Blanche Cranmer. New Canaan,
Conn.,. and q brother, Arnold E.,
San Diego, Calf.
Services were to be held at 2
pm. today at the South Post
Chapel. Fort Myer. Va. with
burial in Arlington Cemetery.
Evening star., 1954-05-18
Foreign Exchange

NEW YORK. Nay ls Up. IL Foreign
dollars, others In cents lunchansed uri- A.
less otherwise noted: Canadian dollar
in New York open market, 1ls per cent
premaium IN or iO1.66A q. s. cents. up
Eufope-Great Britain, pound, 2.s1ls;
$o,day futures. 2;s1%, Oh 1882: 8O-day.
France. frsncI .ss%; western SS der%sns. SR i1Sns
deutsche mark, 1885: Holland, euiider'
2643; Italy. Ira. ,.16h; Portugal, escu-
land, FRANC free. 23.34A; Denmark.
Latin neutrality-suspicious., free. 7.24;
Brazil. free. 1;S6; Mexico. S.02; vene-
Far East-Hong Kong dollar. 1885.
Evening star., 1954-05-18

bia Title Insurance Co.: Oscar.
Miami, Fla, and four sisters.
Mrs. Verta M. Huffman and
Mrs. Anna B. Brooks, both OF
Buckhannon; Miss Lena G.
Stutler. Clarksburg, w. Va, and
Mrs. Jessie F. Dawson, 300 Fox
hall road NV.
Services will be held Thursday
in Buckhannon. Burial will be
in Heavener Cemetery there.
Evening star., 1954-05-18

MIR. Stutler was born in Nor
gansville. w. Va. He went to
Salem wv. Va0 College and got
q degree in architecture at
George Washington University.
Survivors are his widow. Lii
lian Hathaway Stutler: two
brothers. Delmas c., 1880 Thir-
ty-third place Sc, an attorney
for the Real Estate and Colum-
Evening star., 1954-05-18

TecCOr OF HO-
rizons Titani-
um Corp.
Gen. Porter
retired in 1945
after heading
the Chemical
Warfare Serv-
ice since 1941.
He was presi-
dent Of Chem
ical ConStruc-
ton Corp. q
subsidiary of
American CIV.
anamid from
1QA7 tn 1910
Evening star., 1954-05-18

recognition Of
his completion
Of 20 years Of
service.
w i d e ] y
KIN W n In
banking and
real es ia t e
circles. Mr..
Pardoe Joined
the company
on May 10,
1914. He be-
c q m e. assist
ant treasurer
in 1925. as
Evening star., 1954-05-18
New York Produce

NEW YORK, May 1S up USDA).-
Butter about steady. Receipts 1885,.
159. Prices unchanged.
Cheese steady to firm. Receipts 405,.
Egg prices steady. Receipts 1888.
New York spot quotations follow: Mid
western: Mixed colors: Extras (4S-50
lbs) 90 1910: extras large S45-4s lbs)
ards large $3.50; current receipts re-
handled 34-35; dirties 1894. checks
31-32. White: Extras (4S-50 lbs) 80
extras medium 34-35. Browns: Extras
l4S-5O lbs) 1910: extras large (45-4S
lbsl $3.50; extras medium 34-35.
lbs) 4O-41Ha; mediums 34-35: smalls
3O-30M; peewees 20-21. Browns: Top
quality (4S-50 lbs) 40-41; mediums "a
50; smalls 30-31; peewees 1921.
Evening star., 1954-05-18

at st. Joseph's
H o s p / t a ],
B uckhannon,
w. Va.
since he
retired = from
the Govern
ment In 1912
d ue to i'll
h e alth. he
had been liv-
ing in Buck
harmon. He
formerly lived
on Delaware
S tre e t In
Ghnvu Chase
Evening star., 1954-05-18
By DonoId B. HodIey

Invested capital in 80 member
associations Of the District Build
ing and Loan League reached q
new all-time peak Of $525. .49S ,972
Evening star., 1954-05-18

on April 80, q
gain Of 14.4
per cent from
q year earlier,
Secretary r.
Wilson Camp
reported to-
day.
The record
total also was
more than $66
million greater
than the $459,-
258.585 held on
April 80 last
year.
AL-.A
Evening star., 1954-05-18
Pardoe 10 Be Honored
By National Savings
On 4)th Anniversary

w. Hiles Pardoe. vice presi-
dent of the National Savings
q Trust Co. win be hcnored
by the company tomorrow in
Evening star., 1954-05-18
H. Ward, SfufIer,
Ex-Treasury Official

H. Ward Stutler. Is. retired
chief Of the appointments divi-
sion Of the Treasury Depart
ment. died yesterday of leukemia
Evening star., 1954-05-18
Cos SuIes Set Records

Sales of Washington Gas Light
Co. in April and four months
this year set new records for
those periods. the company re-
ported today.
April sales totaled 27,788, ,361
therms, a rise of 10 per cent
from 25,26l. .288 in April. 1858.
Four months sales aggregated
149, 705,827 therms, an increase
Of 1875 per cent from 131, ,776.187
a year earlier.
Evening star., 1954-05-18

associations set q record Of $614.-
505.172 on April 80, q gain of IA
per cent or $75,345, ,45S greater
than $539.159.719 q year earlier.
Mortgage loans amounting to
$541 .036, ,601 were up 1876 per
cent or $64,843.631 ahead Of
$476,l92.970 on the same 1853
date.
Reserves Of the associations
more than kept pace. The April
80 total Of $53. 3.O58, ,726 was high
er by 21.2 per cent or $9,339. .563
than $43,719,163 a year earlier.
The associations made 5,419
first mortgage loans for $54.-
212.369 in the first four months
Of this year, compared with
5.261 for $54,747. .432 in the same
1853 period.
Evening star., 1954-05-18
Building, Loan Accounts Reach
New Record, Up74Pct. in Year
sockholders meeting in Balti.

stockholders meeting in Balti.
more.
All were elevated from as
sistant vice presidents to vice
presidents. They included:
Jack j. Blau. associate gen.
eral merchandise manager:
Louis Frankel. associate general
merchandise manager; Harry N.
Hirshberg, jr.. suburban store
manager. Silver Spring; Harold
Melnicove, director Of building
operations. building mainte.
nance and merchandise presen.
tation.
Also. Morris Moss, downtown
store manager: Walter E. Reitz,
jr.. executive controller; James
Rotto, publicity director, and
Milton p. Shlesinger, suburban
store manager, Parkington.
All other officers. including
President Samuel M. Hecht,
were reelected. Also renamed
was Harry M. Davidow as ex-
ecutive vice president for the
Washington area.
Funds Assets Grow
Net assets Of Washington Mu.
tual Investors Fund totaled ST..
908. .435 or $11.30 a share on April
80, compared with $996,87l or,
$9.70 a share on the same 1853
date, President James M. john
son. reported yesterday.
The latest total also was well
ahead Of .$1,653,97l or $1O.16 q
share on December 81, 1858.
Porter Named Director
Maj. Gen. William H. Porter.
retired. former chief of the
Army's Chemical Warfare Serv-
ice here, has been named a III.
Evening star., 1954-05-18

and in 1858 was named chair
man Of the board. He is an ac-
tive consultant for American
Cyanamid.
Evening star., 1954-05-18
h0useWork
Easy Without
Nagging BackacIle

Naggine baekaehe. loss Of pepAnd enersy.
headaches and dizsiness may BE- due 10 slow.
down Of kidney function. Doctors say good
kidney function 10 very important 70 good
health. When some everyday condition, such
90 stress and strain. causes this important
function to slow down. many folks sufTernag.
ging backaehe-feel miserable. Minor blad.
der irritations due 20 cold or wrong diet may
cause getting up nights or frequent passages.
Don't neglect your kidneys II these condi.
tions bother you. Try Doan's Pills-a mild
diuretie. Used successfully BY mimions for
over so years. lt's amazing how many times
Doan's give happy relief from these diseom.
forts-helpt the l6milesof kidney tubes and al.
teri aush out waste. Get Doans PILLS todayl
Evening star., 1954-05-18
New Director Elected

D. w. Brosnan, vice president
of operations for the Southern
Railway Co. was elected a direc-
tor Of the company at the an
nual meeting in Richmond today.
Mr.. Brosnan fills the vacancy
created by the resignation of
Hugh Morrow. Reelected to
three-year terms on the board
were Robert M. HaneS, Leverett
F. Hooper and Knight Woolley.
Debentures Marketed
Johnston, Lemon & Co. heads
a syndicate Offering So million
of 12-year sinking fund 34 per
cent debentures of the State
Loan & Finance Corp, due in
1866. The issue was priced at
100 and accrued interest,"
The debentureS will be subject
to redemption at the option Of
the company. Proceeds will be
added to general funds and it
is intended to use the funds SUBJ
stantially equivalent to the net
proceeds to reduce outstanding
bank loans.