davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1940-05-25
EE-SAW TREND MARKS TRADING IN STOCK MARKET
CHICAGO GRAIN

CHICAGO, May "a -R-C Con-
trasting sharply with last weeks
hectic trade, the wheat market to-
day Was a quiet peaceful affair in
which a few professional traders
and commercial interests partici-
pated at prices that huctuated ner-
vously although closing at net
gains of about a cent a bushel.
Having liquidated large holdings
since the start of the German west
ward invasion, many traders con-
tinued to adhere to a watchful,
waiting policy. This meant that
many were on the sidelines await
ing developments and that others
we're doing only what trading was
necessary. AS a result, trade was
sluggish and for minutes at a time
not a hand was raised nor a shout
heard in the crowded pit.
Late buying attributed to a rally
in securities and reports of the
northward spread of black rust
which has infected home winter
wheat in the far southwest &C.
counted for the l to l IA cents
higher close. Wheat was about a
cent up in early dealings but then
clipped to about IL cent below yes
terday's close only to rally again.
July closed at SO 3-8 and Septem-
Der at ~ 5-2 to 10
Corn finished 3-8 to SO up, July
e. 3-8 to IL, September 81 SO to
"a; oats 1-S to IA up; rye 3-s to IL
higher and lard II to % higher.
With war news confused and do
mestic export trade stagnant, at.
tention returned to crop conditions.
The Robinson Elevator Co., Kan.
sas City, raised its estimate OF
probable Kansas production to 3d.
379, 900 bushels compared with the
last official forecast of only 65,-
079, 900. The survey S a ideal
weather has been experienced re.
Gently and as a result there is a
promising picture" in sections
where wheat was alive from a fall
start. Only two things are to be
feared, a sudden change to abnor.
maly high temperatures and black
rust, the report said.
Open High Low Close
The Wilmington morning star., 1940-05-25
Results OF X-Ray Tests
Revealed By Dr.. Elliot

Five white persons who took the
recent X-ray examinations for tuber.
culosis showed positive reactions to
the tests, DR.. A. H. Elliot, county
health officer, revealed yesterday.
ReactoTs will be notified inmedi.
ately, he said. Negative reactors will
receive notice through the schools,
and positive reactors will be visited
personally by a nurse.
Out of the five positive reactors.
he said, three are known to have
been previously infected. OF t h .
others, one child has tuberculosis Of
the childhood type, and the other has
the adult form.
Two positive reactions were found
among the 81 negro persons examin.
ed, with one adult and one childhood
type of tuberculosis.
The tests were made at Red Cross
hospital recently by two X.ray tech.
nicians from the state sanatorium.
The Wilmington morning star., 1940-05-25
TREND IRREGULAR
in BOND MARKET
Days Dealings Of Tentative
Nature With Turnover
Of Only $5,186,75O

NEW YORK, May 24-R-Bond
prices moved irregularly today as
traders sought to determine newly
established Foundations"
With many Wall street authori.
ties agreed that the downturn of
recent sessions was out of line with
corporation prospects, the days deal
ings were largely of a tentative ma
ture, resulting in price fluctuations
in which gains barely outWeiShed
declines.
Only 1915, $50, face value, of liens
changed hands. 1t was the smallest
volume of any session since May Z
and compared with $S,516, 900 yester.
day.
Among the issues gaining a point
or more were Studebaker IS at So
Porto Rican American Tobacco IS of
AZ at so. for the stamped and so ia
for the unstamped; Boston & Maine
SIS at As IL and International Tele-
phone SIS at u ga.
Balancing with declines were Can.
adian Pacific perpetual As at 5S;
Southern Railway As at As 1-2; Mon
tana Power 8 3-4s at So 3-S; Inter-
national Hydro Electric IS at 3S, and
Brooklyn Manhattan transit 4 LIS
at 103 IA.
U. S. governments, in small tran
sactions paralleling the rest of the
market, slipped as much as 1882
point in one case.
Latin Americans, on the whole.
were the best of a weak foreign list.
Among the gamers in this depart.
ment were loans Of Argentina, Peru
and Uruguay. Both French and Ger
nan bonds added fractions.
BOND AVERAGES
The Wilmington morning star., 1940-05-25
Government Organizing Major
Hospitals For Field Service

Gncluding whether they fall within
the tentative age limits OF % and
IS years.)
Preparations have even reached
the point where the hospitals are
making arrangements for getting
requirements for their regular oper.
ating stats if the field units have
to go out.
The government was understood
to have begun thinking about tho
problem as long as a year ago, and
to have actually started the organi.
cation operations about the first Of
the year. Major General McGee's
first general letter to THE hospitals
went out March 25.
The Wilmington morning star., 1940-05-25
Appeal For Red Cross
Is Made By Pythians

An appeal to local organizations
to solicit funds for the American
Red Cross in its efforts to raise
minimum relief fund of $40, 0O0, 00C
has been made by l.. A. Stapp, SUI
preme chancellor of the Supreme
Lodge, knights of Pythias.
The chairman Of the Red Cross
relief fund has urged the coopera,
ton in this drive.
AS supreme chancellor, Stapp ur-
gently requested that each subordi.
nate lodge appoint an active commit.
tee to solicit funds t o r the relief
fund, and to cooperate with the
American Red Cross in every way
possible in this movement. In the cir
cular he reminded each member that
a little sacrifice on the part of each
one and the results will be stupen-
dous.
All contributions by the local lodge
are asked to be sent to Ridhard l..
Meares, supreme master Of exche.
quer, Box III, Wilmington.
The Wilmington morning star., 1940-05-25

NEW YORK, May 24.-R-The
government is organizing the ma
tons major. hospitals for field ser.
vice in this country or abroad-simi-
lar to the work in Europe during
the World WARM case of a mat.
ional emergency"
Surgeon-G General James MCGEE Of
the U. S. army has asked the coun-
try's largest hospitals-at least six
Of them in New York city-to or
ganize stats for model units for
such service.
New York doctors frankly say
that the likeliest national "emer.
gency" at the present time is U. S.
involvement in the war.
The hospital organization plans
have been detailed to the point
where one New York institutions
prospective unit already is desig.
mated as Evacuation hospital No.
7"-meaning, in World War terms,
a unit for service within 5 to 10
miles Of a combat area
The purpose Of this paper" or
ganization, similar in principle to
the governments confidential en-
Day" plans which are locked in the
safes of key industrial plants, is
to have individuals ready to fill
the important posts and have vital
talent, such as surgeons, prepar-
ed to rush into organized service
with a minimum of delay if the
emergency" materializes.
A typical hospital unit would
have a basic personnel of about 40
persons-20 surgeons, Z medical
service, 2 dentistry service physi.
clans, an x-ray man, a laboratory
man; a commanding officer, execu.
tive officer and quartermaster from
the regular army, and six men from
the army's administrative reserve,
including a observation-disclosures
ed by a staff of enlisted men and
nurses.
The hospitals with which the
surgeon-general has communicated
are now canvassing their states to-
find out how many are army re.
serve officers, whom would be in.
terestetd in service in such units,
and how many are physically fit
The Wilmington morning star., 1940-05-25
BLANTON T0TALK
AT Minis VESPERS
Will Deliver Main Address AT
Legion Stadium On Sun
day Afternoon

The Rev. Sankey L. Blanton, pas
tor Of the First Baptist church of
this city, will deliver the main ad-
dress at the Legion stadium Sunday
afternoon at 6 o'clock, Mrs. e. P.
Brock, chairman of the baccalaur-
cate vesper services of the 1910
graduating class of New Hanover
High school announced yesterday.
The High school band, Mrs.
Brock said, will render a concert of
sacred music beginning at 5:45.
She urged that all patrons be seat.
ed promptly SO that the procession
al of the graduates, nearly 400 of
them, can be handled with dispatch.
The vesper services open the
graduation exercises, with class
day scheduled for May so, at the
high school auditorium, and the
presentation Of diplomas to be held
at the stadium May 81.
The complete program of the bac-
%calaureate vesper service is as fol-
lows:
Glass Professional. Religious
March. Chambers.
Call to Worship-Senior Glass.
Adoramus Te-Palestrina.
High school glee club.
Scripture reading-Rev. Sankey
L. Blanton.
The Old Church organ-Cham.
bers.
High school band.
Prayer and Response.
Then Round about the Starry
Throne-Handel.
High school glee club.
Sermon-Rev. Sankey L. Blanton.
Day is Dying in the West-Sher-
| win.
Glee club.
Class Recessional, Religiosc
| March-Chambers.
Band. "a
Albert Brown will direct the glee
club and 1t. E. J. Lacock the band.
Those assisting Mrs. Brock in
preparing the program includes
Peggy Wilson, Kathleen Skipper,
Mrs. c. B. Newcomb, Alan Strange,
and William Craig.
The staging will be done by the
vocational woodwork department OF
the high school.
The Wilmington morning star., 1940-05-25

WHAT STOCKS DID
NEW YORK SJTEAR

NEW YORK, May 24SP-Both
'usaf futures contracts responded
generously to favorable news today.
Inc domestic list closed up s to s
points on sales Of 1850 tons after
state department suggestion that
.e value Of domestic raw and re-
nl'eo sugars should not be infuenc-
~ oy recent declines in the world
MNe OF sugar in the wake Of dis.
'urbing war news.
world futures also trailed, but
aaos was less interesting. Occasion
buying commission houses was
pa''lF Offset by offerings from pro.
.4'ers' Final prices were up 2 to
POINTS on sales Of $3.50 tons. July
l'sVB, Sept. 1853.
IN me raw market quiet prevailed
Nn Cuoa for June shipment OF.
nv r,i z.io 10 2.75 cents duty paid.
Inc refined market was quiet with
ess.s sfn rehners quoting at 1850
sn's' Withdrawals were slower.
The Wilmington morning star., 1940-05-25
N. Y. OIL

NEW YORK, May 24-RHCot-
tonseed oil futures advanced 8 to
II points today.
Though sensitive to fluctuations
in Allied markets, the list moved
up to close at the days top prices
when selling subsidized.
Sales totaled only 80 lots; July
6.02b, Sept. 6.09b, Oct. GLIB, Dec.
Glib. (B-bid).
Crude oil was quoted nominally
at 5 cents a pound in the southeast
and valley and 4 3-4 to 4 7-8 in
Texas.
The Wilmington morning star., 1940-05-25
NEW YORK COTTON
by The Associated Press)

NEW YORK, May 24-R-Fear
that supplies of spot cotton might
tighten brought in vigorous support
for the July cotton futures delivery
today. Demand spread to later
months and final prices were up 1e
to % points.
War Jews played a secondary
role for a change but a little more
optimism regarding the Allied
chances of success still was a big
buying influence.
Helping prices rise as much as
new buying was the mildest OF
pressure throughout the session.
Late trading was enlivened by a
purchase of more than 10000 bales
Of October and December, believed
to be for mill account.
Some observers credited the buy
ing to limited offerings of spot cot
ton in the south and to the dispar-
ity between the price of actual cot
ton and futures quotations.
Old July closed As under the av-
erage price for 7-8 inch middling
cotton at ten markets, whereas the
near month is ordinarily from Is
to IS points over spots.
Worth street reported a sharp de-
crease in turnover, largely because
Of events abroad.
Exports Thursday $3.50 bales;
season SO far 6,046, 215. Port re.
ceipts 10, 901; port stocks 2,635, 1896.
Range follows:
The Wilmington morning star., 1940-05-25
RICHMOND LIVESTOCK

RICHMOND, Va, May 24-lP-
Livestock: Hogs 10 cents lower.
Good and choice 1SO-225 pounds $40
$50, top. 100-120 lbs 3.60-4.10; 129'
40 lbs 4.10-4.85; 140-160 lbs 4.SE-5.15;
16O-18O lbs 5.1O-5.40; 225-250 lbs 400
$40; 250-3OO lbs 4%.70-5.20; over 300
lbs 4~.55-5.05. Sows under $50 lbs
3.s5-4.s5: over $50 lbs 3.35-3.S5.
Cattle-light, steady. Slaughter
steers 1915. Practical top on good
steers 1000. Common sold down to
7.EO. Cows steady at $3.50 on most
fat offerings, common and cutters
largely 4-4.50.
Vealers-steady, around l0.o0
Common down to 700.
The Wilmington morning star., 1940-05-25
FOREIGN

NEW YORK, May 24-UP- The
pound sterling lost momentum after
a forward dash of 3 cents Or more
and settled back to close unchanged
in relation to the dollar today.
The Canadian dollar, which fol
lowed sterling at the start, still was
up is cent at Is Is U. S. cents.
The French franc dipped .O1 of a
cent.
The foreign exchange committee
headed by Robert F. Loree, took
further steps to ravel the tangle
created by suspension of trade in
the guilder and belga and traders
looked forward to an early solution.
Dealers were asked to supply the
amount of spot balances in Holland,
the amount of guilder credits issued
and outstanding and other pertinent
data.
Closing rates follow Great Britain
in dollars, others in %cents):
Great Britain, demand 3.1S, cables
3.19, 6O-day 3.16 3-4, 90-day 3.15 3-4.
Belgium u%nquoted, Denmark unquot-
ed, Finland 2.0oN, France $50, Ger
many 40.07N (~benevolent) 2O.S5,
Greece SO, Hungary 17.65N. Italy
5.05, Netherlands unquoted, Norway
unquoted, Portugal 3.27, Rumania
.52N. Switzerland 22.4o, Yugoslavia
2.35N, Argentina official 29.77. free
22.SO, Yugoslavia sos, free $40; Mex
leo 16.S5N, Japan 23.4S, Hongkong
2 .08, Shanghai 5.65.
(Rates in spot cables unless other
wise indicated. N-NominaD.
The Wilmington morning star., 1940-05-25
TRAINING PLANNED

BOSTON, May 24@R'-Under di-
rection of coast guard officers, 50o
Civilian Conservation Corps enrol
lees from all sections of the country
will begin training in radio, signal
and machinery work at Gallup's
Island in Boston harbor, the Bos.
ton Traveller says.
The Wilmington morning star., 1940-05-25
SENTENCED

circn;, ApoLls, Nd, May 24-LP-
dsy Judge Ridley P. Melvin to.
sentenced Alexander Williams,
low, 40 negro, to die on the sal-
yesr.o,s erlminally assaulting a %.
three naVidsonville mother OF
ly clea ,,'lldren. Your guilt is entire.
circnrasahd there are no extenuatins
Williams, Judge Melvin told
The Wilmington morning star., 1940-05-25
NEW O r POTATOES

NEW YORK, May 24-P1Pota-
toes stronger. No. 1, 100-lb sack,
Maine. Green Mountain, "A' size
2.10-15. Florida. bu bskt OR tub, NO.
I, Red Bliss, washed 1.45.50; Earlalne
washed 1.65; Katahdin, washed l.55-
Is. Unwashed mostly $50; Spauld-
ing Rose, washed 1850.
The Wilmington morning star., 1940-05-25
NEW YORK BUTTER

NEW YORK, May 24-R-But'
ter 711,153, steady. Creamery: High
er than extra ~ to 81 "a; extra
(92 score) rs "a; firsts (SS-91) 2e
to rs "a; seconds (84-87) "a "a to
rs ga.
Cheese 121, 1858, steady to firm.
Prices unchanged.
The Wilmington morning star., 1940-05-25
DRY GOODS

NEW YORK, May 24@RNDry
goods-rayon fabric garment cut
ters took small amount OF dress
goods. Wooden piece goods business
Confined to spot requirements, and
some demand for tropical wor'
steds. Silk fabrics neglected. Cot
ton goods quiet, with trade cheek
inc coarse yarn prices.
The Wilmington morning star., 1940-05-25
CHICAGO BUTTER

CHICAGO, May 24-R-Butter
i, 248, OH, steady, prices unchang.
ed.
Eggs 1859. steady; dirties Is,
checks u "a; storage packed extras
II -; other prices unchanged.
The Wilmington morning star., 1940-05-25
BALTIMORE HOGS

BALTIMORE, May 24-(R-U.
Dept. Agr.)-Hogs 6.25. IS lower.
Practical top Cos. Good and choice
ITO to 210 lbs. $50 to sos; 220 to
$40 lbs, 5.55 to 80; $50 to 300 lbs.
sos to 60; $50 to 100 lbs. 5.45 10 70;
lao to $50 lbs. $50 to so; 100 to 14O
lbs. sos to 80; 100 to 100 lbs. 4.85
to 5.15.
The Wilmington morning star., 1940-05-25

NEW YORK EGGS

NEW YORK. May 24-R-Eggs,
Is, 1872; weak. Mixed %colors: fancy
10 extra fancy 10 ga to 20 1-2; ex-
tras IS IL; storage packed frsts
10; graded frsts II IA; current re-
ceipts IS IL; mediums Is to Is IA;
dirties No. l, Is Ia; average
checks ID 1-2 to 3-4.
The Wilmington morning star., 1940-05-25
BALTIMORE POTATOES

BALTIMORE, May 24-R-Po-
tatoes (old) about steady. Unchang-
ed. (New)-about steady. Truck: S.
c., 100 Id. sacks Cobblers U. S. is
2.25-50. Fla. 100 lib. sacks Katahdins
U S Is 2.5O-75. Rest unchanged.
Sweet Observation-Disclosures.
The Wilmington morning star., 1940-05-25
COTTON

NEW ORLEANS, May "a Up -
The average price of middling 15.16
inch cotton at ten designated south
ern spot markets today was Is points
higher at 1907 cents a pound; aver.
age for the last 80 market days was
1925 cents
The Wilmington morning star., 1940-05-25
TRAWLER LOST

LONDON, May 24-LR-A British
trawler with its crew and many
Belgian refugees is feared lost as
a result of enemy action while en-
route to England, an authoritative
source said tonight. 1t was said the
loss of life was not known.
The Wilmington morning star., 1940-05-25
NAVAL STORES

SAVANNAH, May 24-R'-IuI'
pen.ine firm, q "a; offerings rs,
all sold; receipts 145; shipments
"a: stock 8,403. lRosin firm; offer
ings 1911, all sold; receipts 1,los;
shipments 1,160: stock '-o4, .
Quote: B, 3.75; D, $50; E, 4.l5;
F, G, H, I, AS; K, $50; M, go;
N. 5.25; VIC, $50; WV, x, 5.So.
The Wilmington morning star., 1940-05-25
CASH GRAIN

CHICAGO, May 24-R-No cash
wheat sales.
Corn No. l yellow 81 to 49,. No. e.
se ID to So: sample grade 48.
Oats No. 2 white SO; No. 3, 81 IL;
Barley, mailing 1854 nom; feed
40 to so nom.
The Wilmington morning star., 1940-05-25
SPOT COTTON

NEW ORLEANS, May 24-R-
Spot cotton closed quiet, 80 points
higher. Sales 10. Low middling
$50; middling 1890 good middling
10.75; receipts 1883; stock $50, 998.
The Wilmington morning star., 1940-05-25
G!0SINC PRICES
ARE WELL MIXED
,,oe;ated Press Average
NJ 60 Issues Off z OF
Point At 37.S
=,

,rw YORK, May 24-k-Stock
y traders generally viewed
nl'EAss more calmly today but
the 's showed little inclination to
f fss leaders a buying rush.
rh. result was a see-saw trend
% ~. s,owest session in two weeks.
N III; prices were well mixed,
',i.s nus signs a trifle in the ma
jority.
is,,es was off z Of a point at
az ~ or lust i above the lowest
'.s' ,nlne. 1898. Transfers were
sa smallest since May 8, aggre.
a.,;ny 81, $50 shares compared
With i,s42,45o the day before.
conflicting claims Of the Nazis
-, Allies continued to keep many
s 'ommjssion house customers on
~. fence. Sentiment was chilled
lux uS the admitted capture Of the i'm.
p.r,.nt channel port Of Boulogne
w the Germans and reports OF the
Sit1.r troops nearing Calais. At
~. same time. dispatches indicat'
.d stronger show Of resistance by
pr;tish and French forces, a n d
,,ese helped restrict selling that
sroke out now and then.
The move Of congress to speed
wv me huge domestic rearmament
nrosram remained a sustaining in
i,ence for stock prices, brokers
said.
On the home business front spec
Native contingentS considered a
l.ss than seasonal decline in this
weeks automotive production,
i~orecasts steel mill operations
would hit 80 per cent of capacity
bv fall, and a slackening of the re.
tail spending curve throughout the
country due partly to the war and
weather.
Shares started out with a selec'
tive advance of fractions to
. points. They skidded later and
from then on quotations were rag.
sed.
Losses running to around 2
points we're suffered by Chrysler,
Dow Chemical, Du Pont, Allied
Chemical, Eastman Kodak, Doe.
irs Glenn Martin and Standard
Oil Of N. ].
Modest advances were retained
b. Bethlehem Steel, u. S. Rubber,
Douglas Aircraft, Sperry. Ameri-
can Telephone, Southern Railway.
Loft, Caterpillar Tractor, Mont.
sonery Ward, Anaconda and Ken
necott.
Bonds were a bit uneven but
commodities tilted forward. Wheat
at Chicago stepped up l to l Ia
cents a bushel and corn gained 3-s
to So. Cotton jumped IS cents to
sl.N a bale. Free" sterling and
TIE French franc improved.
A bit higher in the curb were
Fsirchild Aviation, Creole Petrol.
cum, St. Regis Paper and Ameri.
can Cyanamid "B." On the offside
we're American Gas, Bell Aircraft,
N. j. Zinc and Cult Oil. The turn.
over here was around 1873, 900
shares against $50, 900 yesterday.
The Wilmington morning star., 1940-05-25
PEANUTS

Peanut IN oAh, Va, May a H.
4; bunsse quotations: jumbos ) 7.s to
10 3 a. ~ to $50: runners 3 ii
3D. Market more active.
The Wilmington morning star., 1940-05-25
NEW ORLEANS COTTON

NEW ORLEANS, May 24-lP-
Cotton futures closing prices were
very steady % to 90 points net
higher.
The Wilmington morning star., 1940-05-25
SPOT COTTON

CHARLOTTE, May 24-GR-Spot
cotton 1910.
The Wilmington morning star., 1940-05-25
CHICAGO LARD

CHICAGO, May 24.-tR-L a d
tierces SIT; loose 4.65; bellies sou.
The Wilmington morning star., 1940-05-25
NEWS
CLEARED AND l.
BARGE

Purol light for Smith Bluff after
discharging cargo Of gasoline and
petroleum products, Cape Fear Ter
minal company, agents.
Motor Vessel
Big Chief, 237 tons, light for New.
port News after discharging cargo
of petroleum products, Southeastern
Shipping service, agents.
Tanker
Frederickson, 1902 tons, light for
Smith Bluff after discharging cargo
of gasoline and petroleum products
for the Pure Oil company, Cape Fear
Terminal company, agents.
The Wilmington morning star., 1940-05-25
IN PORT
ElJtter

Modoc U. s. coast guard cutter,
locked at customhouse wharf.
Barges
Lottie, TAO tons, and Potomac,
772 tons, loading cargoes Of lum-
Der at the j. Herbert Bate Lum-
Der company.
INWARD BOUND
crossties for New York, Southeast
r Shipping service, agents.
Herbert from Baltimore to load
cargo of lumber at the J.. Herbert
Bate Lumber company.
Steamer
lllineian, 4,1l7 tons, from Pacific
coast ports via Puerto Rico and
South Atlantic ports with general
cargo, Cape Fear Shipping company,
agents.
Barges
Raleigh, TAO tons, light from Phil.
adelphia via Norfolk to load cargo Of
The Waterbury Democrat., 1940-05-09
MODEL BURIED
 BY EXPLOSION

New York. May o.-UP)-An ex- plosIon ripped through steam and water pipes alongside the Park Gen. tral Hotel early today, buying pretty model in debris, breaking scores of windows and shooting Q geyser of steam, mud. water and gas % stories into the air.
 The cause of the explosion was not immediately determined but engineers believed that water from a broken main had dripped on hot steam pipes. filling underground air cavities with steam which finally burgt through the pavement with the increased pressure.
 Connie Renault. 26-year r.old model. passing the hotel when the explo. sion occurred, was severely burned. She was taken to Roosevelt hospital where 1t was said she also had gev. eral possible fractures but probably would recover. The hote night club, the Cocoanut Grove, on the 26th floor was flied with guests at the time Of the blast.
The Waterbury Democrat., 1940-05-09

e reorganization plan for the drug company "before the vacation ped riod," 50 that 1t may possibly bes come effective before the end of the year.
 According to the most recent re- port of the company, McKesson de rectors who also are executives arel 0. r. Michaels, president; w. j.. Murray Jr., first vice president; J L. Bedsole, George V. Doerr, B. B.| Gilmer and L. A. Lanigan, vice pres- idents.
 General attorneys for the trus- tee," said MT. Wardell's report.| "have advised him that 1t is his| duty to nEert personal liability of the directors not only for the pay ment Of illegal dividends but also for damages resulting from legal negligence. Negotiations are now In progress between the trustee and representatives of the directors who are executive officers of the com. pany and who are assisting the trustee In operating the business. The trustee hopes that as a result of these negotiations Q settlement can be agreed on which will be ap- proved by the court and represent tatives of creditors and stockhold- CTS"