davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-10-23
GIRL SCOUT WEEK
WILL BEGIN TODAY
Washington Contingent to Refute
Popular Conception Winter
Offers Nothing to Do.

Washington Girl Scouts begin today
their annual celebration of Girl Scout
week. on each of which seven service
days they devote themselves to some
activity to refute what they call the
popular conception" that they are
simply campers and can do nothing
when Winter comes.
Today all the girls are scheduled to
go to the churches to which they be-
long. Special groups have been or
ganized for attendance at the Church
of the Nativity, Hamline M E,
BrightWood NJ. E, WoOdSide Methodist
and the Takoma Park Presbyterian
Churches.
Tomorrow is home-making day, Tues
day handiCraft day, Wednesday thrift
day, Thursday hostess day. Friday COM
munity service day, and Saturday
health day.
Next Monday. October 81 also will be
celebrated, it being the birthday of the
founder Of the Girl Scouts of America,
Jullette Low.
Evening star., 1932-10-23

experiments indicated that II most
ocean liners were severed in the middle
and a section inserted, increasing their
lengths but slightly, an immense i'm
provement would be obtained.
He told of watching tests near Ham,
burg, Germany, in which paraffln
steamship models were propelled at the
rate of 80 miles an hour. From these
tests has come the theory Of an i'm
proved design through increased length,
the physicist said, and equally important
research is under way on the shapes Of
rroWs and sterns.
The scientist predicted the future
would bring considerable change in the
types of prows. One of these would be
designed with bulge both at top and
bottom. leaving the center concave.
Another proposes q straight profile, iut-
ting forward at the top Tests of this,
the barge" type. have indicated it is
better adapted to rough seas.
England has barred potatoes from
France because of the Colorado beetle
scare.
Evening star., 1932-10-23
ARKANSAN SURRENDERS
IN DEPUTIES SLAYING
James Crabtree, One of Two Sought
Two Days, to Be Charged
With Murder.
b. tho Associated Press

b. the Associated Press.
TEXARKANA. Ark, October 81
Sought for two days and nights as the
slayer of two sherif's deputies, who
were shot as they attempted to halt a
liquor laden truck, James Crabtree. sur
rendered to officers in the Sulphur
River bottoms south of here last night.
Sheriff r. w Turquette said he
would be charged with the murder Of
Deputy Sheriff Melvin Brakeman and
Deputy J. C. Grain.
With the surrender of Crabtree, Of
ficerS released john Walker and Jet
W2strloreland fishermen and Pierce
Hooper and Lester GlvenS, farmers,
who were arrested as suspects.
jess Norman, his daughter Pauline,
10. and son, Herman. IA, who said
Crabtree was with them on the truck
and fired the fatal shots are still in
JAIL. The girl said she was driving
the truck.
The two deputies were shot WedneS-
dav night in the isolated river bottom
section OF South Miller County.
Evening star., 1932-10-23
TRIO HELD FOR JURY

Three men were held for grand jury
action by Police Court Judge John P.
Mcmahon yesterday, on charges of rob-
berry. An additional charge of assault
with a dangerous weapon was made
against one of the men.
The men, George w. Crouch. Ernest
w. Crouch and Harrison w. BrightWell
were accused Of entering the home of
Mrs. Rose Dorsey. 3400 block of Seventh
street northeast, and robbing her Of
S150.
Two fifth precinct policemen who
happened to be passing the place at the
time arrested the trio George Crouch,
according to police, displayed a gun in
attempting to escape. He was held
under $500 bond. while bail for his
companions was set at $1,000.
Evening star., 1932-10-23
25Oth ANNIVERSARY OF CHURCH
WILL BE OBSERVED BY FRIENDS
William Penn Once Preached in Old Meeting House
Near Easton, Md.

which DR.. Rufus M. Jones of Haver-
ford College will speak.
1t was from the galley" and hand
rail-" still in place, that William Penn
preached to the gatherings, including
such noted personages as Lord and
Lady Baltimore, in the early days Of
the Colony.
The records of the meeting house,
which have been kept in uninterrupted
continuity since 1876 by the Friends.
reveal thai John Woolman and many
other well known Colonists and Eng
lishmen attended services there
The building, erected in the virgin
Evening star., 1932-10-23
Fetinne Furniture
. 1892 PRICES -.

d dependable Lifetime carefully selected stock offered
e. % see agai 1u p4"tu
Fall higher will
from
GOT lfur1uu a reocu n
n aIo gandv
Evening star., 1932-10-23

BY the Associated Press.
EASTON. Md, october 22.-Dressed
in pre- Revolutionary War costumes,
members of the old Third Haven Meet
ing House of the Society of Friends to-
morrow will gather at "Ye Great Meet
ing House" near here to observe the
25Oth anniversary of the edifice.
The program for Sunday at the
meeting house, one Of the oldest frame
buildings of worship in the United
States. will be varied slightly from the
usual religious service of the past $50
years bv a brief historical exercise. a.
Evening star., 1932-10-23
FREE STUDY GROUP
FOR JOBLESS FORMED
wellesley Graduate Will Be in
Charge of Glasses at
Church.

Formation of free-study group for
the education and elf-sdvancement Of
the unemployed was announced last
night. Miss Louise Cary Brougham of
Silver Spring, Md, a graduate Of We'll
lesley College, will be the leader Of the
group, which will meet in the Mount
Pleasant Congregational Church.
An organization session will be held
tomorrow at 2 pm.
Instead of purchasing textbooks, the
students" will use the facilities Of the
Library of Congress and the Public
Library. Departing from the usual
lecture and discussion system OF educa-
ton. the classes will be concu ucted in
formally b. reading and discussing spe-
cial naperS
Evening star., 1932-10-23
INCREASE IN LENGTH
OF LINERS STUDIED
Tests Indicating Gain in Efficiency
of Almost 100 Per Cent
Revealed.
BY the Associated Press.

By the Associated Press.
PASADENA, Calf, october Prev.
olutionary change in the design Of
steamships, involving per cent in
crease in length, which would bring an
increase in efficiency of almost 100 per
cent, is near birth in the experiments
of German scientists, DR.. Fritz Zwicky.
physicist of the California Institute Of
Technology said today
Dr. Zwicky, who returned recently
from a trip through the United States
and Europe in which he studied test7
of steamship models. said the principal
Evening star., 1932-10-23
WESTERN CONFERENCE
ALUMNI WILL GATHER
Dancing, Cards and Entertainment
to Feature Program
November 19.

Plans are being formulated for the
eleventh annual roundup of local
alumni of Western Conference univer-
stiles. to be held at the Shoreham Hotel
November 49,
Every year following the last Big Ten
foot ball game the champion university
is honored by appropriate ceremonies
at a gathering of alumni. Dancing,
cards and entertainment will feature
the program this year.
DR.. J. w. 7. Duvel Of the Depart
ment CT Agriculture, an Ohio State
graduate. is chairman Of the committee
on arrangements. Prizes will be elyer
N the school having the largest turnout
Evening star., 1932-10-23

growth Of timber and close to the wa
ter's edge, IS well preserved, the hand
hewn timbers ard flooring appear al
most as sound as when they were first
placed. No paint ever has been ap-
piled to the interior nor to the quaint
old benches.
Evening star., 1932-10-23
IRON TARIFF EXTENDED
British 33 1-3 Per Cent Duty Was
to Expire October 25.

to Expire October 25.
The Commerce Department yester-
day received word from London that the
temporary duty of 33ls per cent ad
valorem on iron and steel imported into
the United Kingdom which was due to
expire on October 25 has been con-
tinued in force for a tWo-year period.
The duty applies to practically all
classes of ircn and steel products on
imports from all sources outside the
British Empire
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
400 TO ATTEND
JEWISH FARLEY
Annual B'nai Birth MEETING
Here SUNDAY,

More than four hundred delegates
and visitors are arriving in indian
apolis, ready for the annual state
convention Of. the B'nai Birth,
worlds largest Jewish fraternal
order, to be held here Sunday.
The convention will open at 10
a. m. at Kirshbaum Center, and
business sessions will close at S o. m.
Joseph Cohen of Kansas City, Kan,
first vice-president of the district
grand lodge No. 2, will address the
business sessions.
At 6:15, the annual state ban
quet will be held at the Lincoln, with
Isidore Feibelman of Indianapolis
past president of the district grand
lodge, serving as POSTMASTER. Rich
ard Gudstadt of Cincinnati will
speak at the banquet.
A breakfast-bridge will be held
for wives of members at Broadmoor
Country Club at II a. m. Sunday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17

Cattle and Calves Nominal
on Light Receipts;
Sheep Weak.

Hogs ended the week at the Union
Stockyards at slightly lower levels
this morning. Prices generally were
10 cents off from the previous days
average. The bulk, 100 to $50
pounds, sold for 81 to $40; early
top holding at $4.45. Receipts were
estimated at 1900; holdovers were
$50.
Cattle were nominal on receipts
of so. Vealers showed steady
trend at 81 down. Calf receipts
were so.
Hardly enough sheep were on
hand to test the market. Prices
tended lower, mostly at Sc down.
Receipts were 200.
At Chicago hogs we're steady to
weak with Fridays average. Some
cleanup sales were 5 to 10 cents
or more lower. Receipts were 5000,
including 1000 direct. Holdovers
were 1000. Compared with a week
ago weighty steers were Is to 40
cents higher. Receipts were 1000.
Sheep we're nominal, receipts num-
bering 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
INSTRUCTIONS

10 Schools, Colleges, Tutoring
CONTRACT Bridge Lessons Terms Very
reasonable. 2Sl0 N. New jersey. Ia. l1e0.
HORTHAND-GREGG. BEGINNERS OR
REVIEW. PRIVATE INSTRUCTION.
LI-9229
WORK FOR JUNGLE SAM''-SiO5-sIs1
month. Men-wcmen, 10 to so. Steady.
Hundreds post-depression government
Jobs. Prepare now. List positions FREE.
Write Immediately. FRANKLIN INST1-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
GRAIN FUTURES
DISPLAY WEAK
TRADING RANCE
BeariSh Local Sentiment
Forces All Options
Down.
BY HAROLD E. RAINvILLE
United Press STAFF Correspondent

CHICAGO, Sept. 17.-December
wheat held close to SO cents on the
Board of Trade today with scattered
selling above that figure and good
support appearing on dips below
that level. The market was rather
dull and lifeleSs, holding to narrow
limits. Local sentiment again was
bearish with the east buying. Elk
port demand was slow. Corn aver
aged slightly lower on scattered
selling with Danubian corn reported
"a cents under United States. Oats
and rye were quiet around the pre-
vious close.
At the close wheat was unchanged
to 4 cent higher, corn was a to
% cent lower, oats unchanged to Il
cent lower, and rye was % to 5s
cent lower. Provisions we're easy on
scattered selling which found no
support.
Cash prices were wheat and corn
unchanged to Il cent lower and oats
unchanged.
Receipts were wheat, 40, corn 179,
and oats "a.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
BrightSpots
of Business

BY United Press
NEW YORK, Sept. 17.-Eleven banks re-
opened during. the past week. balancing
the closingS OF like amount, according
to the American Banker
COLUMBIA, S. C.=Tucapau mills are
operating the sheeting plant on a full
time schedule.
SAN Observation-Disclosures employ
ment In California during August showed
is per cent increase over July and
pay rolls increased by 49, per cent
PHILADELPHIA-Pen state
factory employment in August increased
Z per cent over July. while pay rolls in
creased by nearly per cent.
youngstown youngstown Sheet and
TUBE Co. operations in this district will
increase to Is per cent of capacity next
week from per cent. because of reopen
Ing OF Campbell open hearth plant.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
ANNOUNCEMENTS
transportation

Transportation
CHICAGO AND RETURN. $375.
Take advantage, special weekend rate.
Good from Friday until Monday. one way,
IS. Union Bus Depot. alt S. III. Ii. 1885.
MsltonS Travel Bureau. 43s Ind Ri. 1000.
GOING TO CALIFORNIA
Car for household goods. trunks. boxes,
barrels, goods received from any point of
Indiana; low freight rates on east. west
bound shipments; special prices for craft
ing. storage; members National Return
Loads Association. Call write
SHELBY STORAGE & FORWARDING
COMPANY
II. ss2I. 222 w. Merrill st.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
B. G. HEWITT is DEAD
Indianapolis Auto Motor Promoter
SuccumbS at Home,

Bertian C. Hewitt, SO, of 1921
lockwood avenue, connected for sew
eral years with the promotion of a
new type automobile motor in Indi-
annapolis, died today at his home.
Mr.. Hewitt had been ill several
weeks.
A resident of indianapolis for sew
eral years, Mr.. Hewitt formerly lived
in Miami. Funeral arrangements
have not been made.
Survivors are the widow, Mrs.
Gertrude Hewitt; son, Bert, and
three daughters, Misses Lulu,
Gladys and Mary Hewitt.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
RED WHISKY is SEIZED
Two Men Held for Alleged Trans

Two Men Held for Alleged Trans
porting of PurpOrted Liquor.
Twenty gallons of Jasper county
red whisky" en- route to Indianapo-
lis was seized and dry agents ar
rested Herbert Johnson, 1048 Tabor
street, and Albert Motifs, Muncie, in
Lawrence county Friday. Both we're
bound over to the federal grand
jury today by United States Com
missioner Fac F. Patrick, Johnson
on $4,000 bond and Motifs on 81 600
bond.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
SEEK FUNDS TO BRING
GIRLS, is, BACK HERE
Appeal Made by Father for Public
Aid to Return Children.

Appeal Made by Father for Public
Aid to Return Children.
: Harrison Hack, 254 South Summit
street, father of one of two 16-year-
old girls who are stranded in Phil
adelphia, today repeated his appeal
for public aid in financing return
of the two girls to their homes in
Indianapolis.
Vernell Hack, his daughter, and
May Jotnfauno, daughter of An
drew Johnfauno, 1922 Deloss street,
started for the home of the John
fauno girls relative in Clear Sum-
nit, Pa, and became stranded in
Philadelphia, Aug. 81.
Hack and Johnfauno have been
told by juvenile court, police and
township authorities that no public
money is available to pay the girls
return fare. They seek contributions
for the purpose.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
New York
New Orleans
OGDEN RULING TO HIT
AGAIN AT $3.50 LAW
Deputy Attorney General Prepares
Attack on Limitation Act.

Another blow at the $3.50 prop
erty tax limitation law was being
prepared today in the Office of At
torney-G General James M. Ogden.
In an openion written by Joseph
M. Hutchinson, deputy attorney
general, ruling will be given to the
state tax board setting out that
state budgets, as set out in the law
as not to exceed Is cents, is super
seeded by the appropriations act.
The appropriation bill was passed
after the $150 levy limitation and
calls for expenditure of $12,O00,O0O
for the various state departments
and institutions.
The Ogden ruling is expected to
show that the state tax board
should go ahead and set the neces-
sary rate and make customary rec
concentrations for approval by the
Governor and state auditor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
By United Press

NEW YORK. Sept. -Potatoes-Dull;
Jersey, 75c@$1;;35; Maine, $1.5O@I,6o per
pa Pa TEet sweet Potatoes-Dull:, Jersey
d;5o; Southern basket, 4O@5Oc. Flour
quiet; springs; patents, $3.80@415 per
barrel. Pork-Dull. MeSs-$1925 per
barre. Lard-Steady Middle west spot
S5.25@5.35 per 100 lbs. Petroleum-Quiet:
New York refined TIC gallon, crude Penn
Sylvanla $I;S7@1.87 barrel; grease. easy;
brown, 3@31sc per lb.; yellow, 303lsc per
b., white, 3A@4Ac per 'lb Tallow Easy
Special to extra, 31a q 33sc per Id. Common
native steers, szsc; butt brands, SC;
Colorados Tee. Dressed Poultry-Steady;
turkeys, 14@3oc: chickens, 14@25c: broilers'
1919 &c; fowls. 10@22c; Long Island ducks,
i212@15c. Live Poultry-Quiet; geese
S S97cEs turkeys, 15@25c ROSTERS, lie;
pIullets, 8@22c. Cheese-Young America,
dSaa I71ac;, Butter-Market, steadier.
extra extra 81 score; 201ac; f1rsts, 81 score 1870
2Oc; nrstS; SO to SO score 171a@l8c;
SPECIAL packs INCLUDING unusual hennery
rehandled receipts, 21622c
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Deaths

Henry Kellerman. u. 21S6 N. Temple.
cerebral hemorrhage.
Eugene GRAY. 8. Riley hospital. broncho-
pneumonia.
Emily Anne Phillips, II, ss4 Eugene,
Marion Harper. s. Riley hospital, acute
encocarditiS.
DelIamay Cunningham. II days. SIS East
North. hamilton.
Adei II, oliver. AZ. city hospital. chronic
myocarditis.
John Means. 50. 1885 North West. acci-
dental.
William s Leonard. s.. 1877 villa. acute
interstitlal nephrstis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Bank CIearingS
INDIANAPOLIS STATEMENT
Foreign Exchange

(By Abbott, Hoppins & Co..
Cept II
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Chicago Fruit
BIZ United Press

CHICAGO, Sept. 17-Fruit quotations:
Apples-IllinoiS .wealthies bushel, $1@I.IO;
Jonathans bushel, $1@125 Michigan
Wealthies bushel, $1@110; Mcintosh bushel
Sol. 10. Cantaloupes-Western flats, SOFA
15c; Michigan crates, 50c@$1. Melons
Western Honey Dews, 75c6Sl. Pears
Michigan Bartletts bushel, $16125; others
bushel, 50m60c. Peaches-Michigan AL
bertas bushel, $1@1.25; halls bushel ST rs
Concords, 7Q9c; IL quart baskets Cohcords.
I8g22c. Indiana IL quart baskets Concord
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Births
Boys
" AAAAA-

William and Florence Jones, st. Vim
cents hospital.
Frank and Nellie Walker, 1925 Martha
Edward and Lucille Bradburn, Colemand
hospital.
Ralph and Olive Morris, CoIemand hos
pital
Gordon and Arc Ganntides, Christian
hospital.
Girls
hospital.
George and Hila Fishel. Coleman hos
pital.
Cecil and Helen Riley. l4s East South
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
GIRL, II, is HUNTED
Two Youths Also Are Sought by
Police as Missing

OAACO dS N1lSSlngs
Vera Manning. II, who has been
employed at the Dundee apart
mentS, Virginia avenue and Nc
Carly streets, is one of three per-
sons reported missing to police
Friday night.
According to the girls mother,
r. R. 1, Box 20, the girl disap-
peared Sept. 8. She weighs lie
pounds and has blue eyes and light
brown hair.
Raymond Massingale, 1902 Balti-
more avenue, has been missing
since Wednesday, his mother re-
ported.
Russell Terwillegar, 10, haywood,
has been missing since Sept. 9, Ac-
cordirg to his father, Frank Ter
willegar, SIG Erie street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
FIees From Attacker

A man who said he was coal
salesman attempted to attack her
in her home Friday night. Miss
DENIAL Hickey, IS, of 1881 Laurel
street, reported to police. She ran
from the house and the man fled in
an automobile.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Police TeIetyne Installed

Installation of police teIetype
system which places it in communi-
cation with police departments
throughout the United States and
with London, England, was COM
pleted Friday at indianapolis po-
lice headquarters.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
BIZ United Press
TOLEDO, Sept. 17-crain close. Grain

TOLEDO, Sept. 17-Grain close. Grain
in elevators transit billing. Wheat-No
634c. Oats-No. white, ,20021c. Rye
No. 2, 41@42c. Track Prices-281ac rate.
Wheat-No. Q red, 481a@49c: No. red 1c
premium, 1872 a SOC. Corn-No 2 yellow, 20
@291ac: No. 8 yellow. 2S@2s1ac. oats
No. white. 17@181ac; NoA white, 16@
171ac. Barley-No. 2 33634c. Toledo seed
close: Clover-Prime. $55005.75; alsike
cash, $5.50m5.75. Produce-Butter, Csc.
s-1912c@20c. Hay-80c per cwt.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
Dow-JOnes
Summary

Canadian loadings Of freight cars in
week ended Sept. 10 we're 44.27s cars,
against 4l,521 in the previous week and
$500 last year.
Delaware river joint commission rejected
proposal from syndicate Of New York
banks to purchase SIS, 900 900 five per cent
Delaware river bonds at 81.
Louisville Gas and Electric declared
the regular quarterly dividends Of s1.75
on per cent preferred. s1.5O on per
cent and S1.25 on per cent preferred
stocks. all payable Oct. Is, of record
Sept. 80.
Atlantic Coast Line in July reported net
loss amounting to 81, 152, 236 after charges
against 1895, 179 in 1881; seven months net
loss totaled $3.50, 036, against net income
of s4,217, 1886 in 1881
Gold stocks in United States made gain
of s4,127, 400 Friday. according to gold
statement of New York federal reserve
bank.
Connecticut General Life Insurance Com
panyl declared the regular quarterly divi-
dend OF 80 cents, payable Oct. /, of record
Sept. 20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17

Loot valued at approximately SIS
was obtained Friday by a burglar
who broke into trunk in a base
ment locker at the home of Mrs.
E. Stone, 3540 North Meridian
street. Apartment l0l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17

CLEVELAND. o.. Sept. i7.-Hogs-Re-
ceiptS. $50: holdover. none nothing done.
desirable quality up; for week mostly use
lower: pigs. steady; weeks top. 1885. Cat
tle-Receipts, 500: scattered loads. 1880
and heifers. weak to 25c lower; cows
steady: good steers, S725ds: medium fire.
nuently $3.50 downward. common, $45OG
downward to $3.50: bulk cows, si5063.50
calves. receipts. so: little done: for week
to soc to mostly SIS lower: weeks top. SO SO
eulls downward TO 81 and under sheen
None; for week lambs steady to 25c
higher. strong: most lambs S666 so:
weeks top. s6:7s: little over s6.35 late; Gull
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-17
BY ELMER G. WALLER
United Press Financial Editor

NEW YORK, Sept. 17.-Stocks
slowly retreated TO net losses rang
ing to nearly 4 points today after
brief period of f1rmness in the
early trading.
Railroad shares, which featured
on the upside after firm opening,
Joined the remainder of the list in
the late decline. News for this
group was considered encouraging.
1t concluded anticipation of early
contamination of consolidation
plans of eastern roads and favor
able car loading report.
Loading of revenue freight in the
week ended Sept. 10, reported today,
totaled SOL ,824 cars, 57903 cars I'M
der the preceding week which did
not contain a holiday and 165,926
cars under the corresponding week
of 1881.
Steel Moves Down
Rising tendencies in rails were
Offset by selling in United States
Steel issues. Steel common, which
touched 40% at the opening, dipped
to 38l2, off 12s from the previous
close, while the preferred lost 324
points on top Of 2la-point decline
Friday. At the low today, Steel pre-
ferred was down more than 10
points from its high on the recent
forward movement.
Talk in Wall Street converged on
the prospect of elimination of the
Steel preferred dividend. The last
common dividend was paid last
March. 1t is we'll known the Steel
Corporation will report a large def
cit for the present quarter, and
traders remembered the statement
of officials when they declared the
last dividend, that its continuance
would depend on a pickup in earn
ingS.
Sales Are Light
Aside from the steel issues, the in
dustrial list registered only moderate
losses with pressure absent. Bethle-
hem Steel followed the leading steel
loSue uOWu' OllCeU AlICId1I lOSC
point or so. Oils we're down frac-
tionally and motor shares joined
the recession after a firm opening.
Harvester shares held well.
According to preliminary calcula-
ton, the Dow, Jones g. Co. indus
trial average stood at 6642, off O68,
railroad 1904, off 004, and utility
2911, off OPT.
Sales were 100000 shares, COM
pared with 100000 shares last Sat-
urday
Aggregate market value of ten
leading shares was $5,816,031 ,619,
against $500, GIT 632 Friday, de-
cline of $13,946,013.