Business & Finance: Index: Nov. 5, 1928

Oscar F. Grab last week bestowed his $1,000,000 dressmaking business upon 14 employes. Modest: "I couldn't have made a success without their assistance." Tireless: "I want to try something else." Generous Grab's "something else" is the executive vice-presidency of the Lefcourt Normandie National Bank (Manhattan).

Shipping. Defraying three-fourths of the construction expenses of four combined cargo and passenger vessels to total 32,800 gross tons, the Shipping Board last week loaned the Export Steamship Corp. of New York, $4,500,000. This was the loan under the new Jones-White Merchant Marine Act.

Air-caravans. Promoting regular, efficient,...