Business & Finance: Receiverships

McCrory. Into bankruptcy last week went $34,000,000 McCrory Stores Corp., operating through subsidiaries 244 5-&-10¢ retail units in Pennsylvania, Ohio and the South. Only the parent company was affected by the action. Blamed: 1) decreased sales, 2) refusal of banks to grant usual seasonal credits (see below).

Day Boats. Up & down the broad Hudson River between Albany and Manhattan big white steamers plough by day and plough by night. Just a year ago Hudson River Night Line, famed as all night lines are in many a locker room tale, ploughed right into receivership....

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