ITEMS OF INTEREST

An increase in the salaries of fifteen thousand female teachers in the public schools of Greater New York has been recommended to the Board of Estimate and Apportionment by the Board of Education. The proposed increase calls for an additional outlay of about $3,000,000. About twelve thousand five hundred teachers in the lower grades get their minimum salaries increased from $600 to $720, and the maximum from $1,240 to $1,440, the maximum being attained at the end of sixteen years' service. Teachers in the higher grades and principals and assistant principals also receive an increase, but their pay will still be less than that of the men employed in the same grades. The salary of the superintendent of schools is increased from $8,000 to $10,000 a year.

The Government has filed in the United States Circuit Court for the District of Delaware, at Wilmington, Del., a petition against the "powder trust" involving twenty-six corporations and seventeen individuals. The petition relates that all of the defendants are engaged in "interstate trade and commerce" in gunpowder and other high explosives, and are violating the Sherman anti-trust act. It seeks to prevent and restrain the unlawful existing agreements, contracts, combinations, and conspiracies in restraint of such trade and commerce, to prevent and restrain the attempts on the part of the defendants to monopolize such trade and commerce, and to dissolve the existing monopolies thereon.

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REALIZATION
August 10, 1907
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