Show Chicago N. N Y Banks Help HeIp Utilities With 90 Million in Loans I r r jp atI Mahonri Young UTAH SCULPTOR AWARDED PRIZE Mahonri Y Young ung Wins Firstin First in Sculpture ti Sc lpt re at Olympic Show m 15 Br United Tress Pru OLYMPIC STADIUM Los Angeles Aug 2 Mahonri 2 Young internationally all ally famous Utah sculptor today won first prize in the sculpture division of the Olympic art exhibit with his The Knockdown Other awards announced today include in In- clude elude SCULPTURE Second prize Wrestling by Mul- Mul Mull Manno Hungary Hungar third prize Od Odyseus seus by Jakub s1 sky Slovakia Czecho-Slovakia PAINTINGS First prize prize At At the Seaside of Arild by David W Wallin llin Sweden Second prize Struggle prize Struggle by Ruth Miller U. U S. S A. A Third prize prize Bathers Bathers b by Jean 1 MacLane U. U S. S A. A DRAWINGS I First prize Rodeo prize Rodeo by bj Lee Blair U U. S. S A. A Second prize prIze Jackknife by Percy Percy Percy Per Per- cy U. U S. S A. A Third prize prize Horseman Horseman by G. G Ye t Holland PRINTS First Leg Leg Scissors by Joseph Joseph Joseph Jo Jo- seph Webster Golinkin U. U S. S A. A Second prize Stadium prize Stadium by Janina Konarska Poland Third prize prize b by Joachim Joachim Joachim Joa Joa- chim Karsch Germany ARCHITECTURE For best designs in n town planning First prize to John Hughes of Birkenhead Birk- Birk England for his design for a sports and recreation center with stadium sta sta- for the city of Liverpool Second prize to Klem Continued on Pan Page Three I Advances Advances During Past Three Days Express Confidence Confidence Confidence dence in Industry B Br United Press NEW YORK Aug 2 New 2 New York and Chicago banks have expressed their confidence ce in the stability of public utility corporations in this country by lending them within three days to meet maturing bonds Londs or notes Among the loans were Commonwealth Edison to retire 3 2 1 per cent notes Peoples People's Gas Light and Coke company company com corn pany to retire 3 2 1 per percent percent percent cent notes Manhattan Brooklyn-Manhattan Transit company company com corn pany to retire 6 2 1 per percent percent percent cent secured notes Public Service company of Northern North North- em ern Illinois to retire 5 per cent debentures Central Public Service corporation to extend for three years present loans Scranton Spring Rock Brook Water Water Water Wa Wa- ter Service company to retire 4 2 1 per cent notes Several loans or bond issues were retired or will be retired soon through subscription of stockholders These include Pennsylvania Electric company 9 of 3 2 1 per cent retired by in cash and mortgage bonds for remainder Associated Gas and Electric retired all but of immediate maturities maturities ma ma- by sale of of first mortgage bonds on installment plan to stock stock- holders ALBANY N. N Y Aug 2 UP UP The The Big Four railroad d br brotherhoods have signed formal year one-year agreements agreements agreements agree agree- agree agree- ments with the Delaware Hudson railroad providing for a new wage plan which guarantees every regular hours work a month All regular will be paid on a hour basis whether they work or not All AU overtime has been abolished The former so-called so double standard standard standard stand stand- ard pay plan called for tor both an eight eight- hour day and mileage basis The old agreement said miles o or eight hours constituted a d days day's ys y's work Increased Increased Increased In In- creased mileage meant increased pay |