Items of Interest August 15, 1914 Issue

Items of Interest

Notice has been served by Kansas upon the promoters of railroad organizations, that it will not permit the capitalization of "possibilities" any more than it will permit the sale of "blue sky" securities within the state. The Kansas City, Mexico & Orient railroad, now in course of reorganization, was the first corporation to suffer under this new rule, as it was not permitted to issue securities upon something like twenty-five million dollars' estimated worth of intangible values, franchises, concessions, and grants, which may become valuable parts of the property but are not now of any considerable worth.

The official review on the progress of education in the province of Bengal, India, for the year 1912-13, shows a general satisfactory improvement in the conditions obtaining in the various schools and colleges. Although the number of institutions showed a decrease of thirty-six in the twelve months, the number of pupils rose by twenty-one thousand, and the total number of pupils in a population of 45,483,077 was 1,718,623. This attendance at schools represented fifty-five per cent Hindus and forty-five per cent Mohammedans, the last decade showing a large increase in the latter.

Eight men of prominence have been chosen as members of the board of trustees of the National Bureau of Public Utilities Research suggested by Mayor Blankenburg of Philadelphia to the heads of other cities in this country to assist in efforts to secure lower rates from the lighting, transportation, and other utility companies. The bureau, which will be permanently organized at a convention of mayors and other representatives of cities in all parts of the country in November, has already effected a temporary organization.

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