Salaries

From a few of the voluminous registration statements filed in the past few months, the Securities & Exchange Commission last week dished up a list of notable 1934 salaries. Biggest raises went to the crack executives of National Distillers Products Corp. President Seton Porter's annual salary was upped from $51,000 to $75,000. Most of the vice presidents were boosted, including Daniel K. Weiskopf who was jumped from $15,640 to $47,286. Even Secretary & Treasurer Thomas A. Clark was raised from $13,806 to $17,886.

Small change compared to the wage scales of a film company like Loews' were the other salaries listed by the SEC. Republic Steel upped President Tom M. Girdler from $117,420 to $129,372 per year, two vice presidents from $58,700 to $64,600. President Edwin Madison Allen of Mathieson Alkali worked for $86,700 in both 1933 and 1934. Donald L. Brown of reorganized United Aircraft will be paid $45,000. Salaries substantially the same in both years included President Walter Cabot Baylies of Boston's Edison Electric Illuminating: $32,000; Vice President Theodore D. Crocker of Northern States Power: $17,000 (President Robert F. Pack received only $100 in director's fees); President Joseph A. Slattery of Philadelphia Brewing Co.: $24,000; Vice President Wiley F. Corl of San Jose Water Works: $32,000 (President H. S. Kittredge got $11,000).

Head of American Water Works & Electric is H. (for Henry) Hobart Porter, elder brother of National Distillers' Seton Porter. While Brother Seton was raised 50% this year, Brother Hobart got a raise of only $50 from $68,050 to $68,100.

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