davidaulloa/AmericanStories huggingface dataset:
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Chicago Defender
Announces Support
OF AdIoi Stevenson

Chicago tANPl In a front
page editorial last week, the Chi
cago Defender, one OF the nations
two Negro daily newspapers.
threw It's support behind Demo
cratic presidential aspirant Adiai
f Stevenson for president Of the
u. g.
Entitled We Take Our Stand d"
the editorial said 1t was "convinc.
Ell the Democratic Party Is most
worthy Of our support"
Stevenson will accomplish more
with the liberal wing of the Demo
cratic party than can Eisenhower
with no support from his reaction
airy Republican colleagues in Con
gress the editorial said.
The Defender compared die
hard Republicans with Dixie
craft" and asserted that The Re
publican party Is a Northern party
and ought TO b. liberal. but IL
not"
II said that both ajor parties
and both candidates leave much
10 be desired"
The Defender also endorsed
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Anchor Nielsen
Praises Powell's
Detection To COP

AnCher Nielsen, Minnesota \ ne
publican candidate for governor,
said in statement Tuesday, this
week. Il am tremendously i'm
pressed with Adam Clayton
Powelfs courageous decision TO
back President Eisenhower to the
extent Of his appearing in many
Of our large cities 10 organize Ike
hackers"
Like myself, Rep. Powell de-
flies being rubber stamped by poll.
ticianE. The hopes and prayers of
II million OF his people for Civil
Rights can become reality by
eiecting Republicans who will sup.
port the President" said Nielsen
While REA administrator In
Washington. IL was my good for
tune TO learn at first hand Of many
outstanding Negro leaders who
were advancing the cause OF Civil
Rights, II Is gratifying 10 learn
that such men. for example, aE
Fred ID Patterson, former presi-
dent of Tuskegce Institute, have
joined the Republican ranks"
Then Nielsen listed 10 Negro
newspapers backing the President.
They are Norfolk Journal and
Guide. Pittsburgh Courier, Am
stcrdam News, Atlanta Daily
World. Wilmington Journal. Caro-
lima Times. Carolinian. Iowa BY
stander, Louisiana Sentinel Tn
state Defender. Arkansas World
Birmingham World, and the
Chattanooga World
Nielsen said that the editors Of
these papers realize that the cleo
'iun Of Democratic President and
Congress will mean that Sen
James o. Eastland, Democrat Of
nississippi. would again be- chair
man Of the Judiciary committee
and that CiuI Rights legislation
would be impossible
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
lssfeV Granger Here
FOR speech And
BouVd Meatinus

Lester Granger ~ New YGfE,
executive Director Of the National
rrban League ~ IN the Twin CT
les this week
Thursday h. addressed the cnn.
vention II the Minnesota FtIHra-
ton Association at the st. Paul
Auditorium
lie plans 20 meet with the
boards aud aiaffs II the Mime
spolis and ~ Patd Urban Leagues
before leaving the city
Mr. Granger ia the urrl" 0f
Shelton Granger rrneullyo SCI.
rotary ~ the Minneapolis Urban
League
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

the town OF Union, Mo, Decem-
Der 10, 1866. He came TO Mime
apolis with his mother and grand
parents at the age Of five years.
When they first arrived they lived
in a hotel called Window House
located at Second st. and f. Hen.
nepin present site Of the Coca
Cola plant. Later the family
moved to what is now part of
northeast Minneapolis.
On March "a. 1891. he was unit
ed in marriage with Mite Bell
Boone, who had come 10 Mime
apolis from Mortified, MINI. She
was employed az clerk in the Of
flee OF the Register Of Deeds for
Hennepin County.
The deceased was a foreman for
the old T. NJ. Roberts Supply
House, a mail order house located
at Nicollet Av. and Fifth st. At
the time of his marriage. he &C.
cepted a position with the Pitts
burgh Coal Company handling
cash receipts from the different
yards and Offices of the company
in Minneapolis, st. Paul and the
suburbs, He held that position for
81 years.
When he reached his 50th year
OF service with the company, the
firm gave him and Mrs. Cannon an
extended trip 10 the west coast.
where they visited a son. Miles o.
Cannon sr. and family in Los
Angeles.
After visiting in the west they
liked IL so we'll that they decided
TO make Los Angeles their future
home and in October, 1916. left
Minneapolis and took up residence
here where they have lived since.
Mr., Cannon would have been 90
years old December 10th OF this
year and he and the members OF
his family were looking forward
TO celebrating his next birthday.
During hls residence in Mime
apoiis. he attended ST. Peters
AME church.
He is survived by his widow,
Mittie Il. Cannon, Los Angeles,
three sons, Raymond w. of Min.
neapolis, Miles Oliver and X.
Homer. three grandchildren and
four great grandchildren all Of
Los Angeles.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
kAPPA's ALUMNI CHATTER
MT SUNDAY: DISCUSS
PLANS FOR REGIONAL

The alumni chapter - Kappa
Alphs Pa met Sunday. Cs'obsF n
=, s5I - AH,haHy ~ ~, Pau.
Plans acre discussed far its 80
rial ard civic program and for the
regional % BE held next spring.
The November meeting viii be
held At 'hs home ~ James Grif-
I'm. ss7 Ron9s ~, 81 Paul
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Masonic Grand
Lodge Appointments
Are Announced

The grand officers. appointed
by grand master John H. Law.
renee subsequent Ia the a2nd
Grand Lodge session Of the Prince
Hail Mnsons recently held In sioux
Falls. South Dakota, we're an
nounced last week by Chalmsr l..
Lawson. grand secretary
Past grand master Samuel
Ransom II chairman Of foreign
correspondence Raymond w
Cannon. grand attorney, James
Watson. grand librarian, Samuel
u. Mitchell. chairman Of public
relations. James II Lynn, grand
senior deacon, David q Gnsaan,
grand junior deacon. Harvey
Moas, grand senior steward. Ice
A, Gwynne, grand junior steward !.
Lewis " Williams, grand purHuia
want, Rev j. W Junell, grand
chaplain. James Ephfiam, grand
standard bearer. " N Martin.
grand marshal. William Bayles ar
grand sword bearer, Paul L.
Wood. grand pubiiciat Clarence O
Duke, grand tyler
District deputy grand masters
are aa follows FIRST district. John
NJ Patton, SECOND district. Clar-
enc. ". Smith, third district,
William - Brown, fourth district,
Rev. W n = Humaln. 9TH dis,
tHct. Maurice Conbley.
The auditing committee con
sisis Of past grand masters Law
renee Iarver. chairman. and
Charles y Dgty and u Franklin
Henderson. Leonard T Green ana
Nathaniel l. Hardy
J. ". Lawrence ~ st. Paul II
Grand Master
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

~ awaiting sentence by ths court
awaina sentence by the court
pending investigation by the Hen
nspln county court probation Of
fire,
The Minneapolis Negro com
mfrnity was considerably alarmed
chiefly because IT the relative
youth Of most Of the men arrest
81
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
DIR SCIpIO To sPEsK
TO ST. THOMAS MEMS
CLUB FRIDAY NIGHT

Dr. l.. Albert Scipio of 81 Pau,
lecturer and scientist IN the aero
nautical engineering department
% the University Of Minncsp'a,
viii be guest 81 the Mems Club ~
~. Thomas Episcopal church ~ itE
regular meeting AZ p m Friday
night October 20
Or Scipio will show slides Of
the Middle East Including Israel
and Egypt
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

apala Friday night AT $40 be-
cause his party missed the plane
In Seattle which was scheduled Ia
reach the Twin Cities nj 500 I'm.
day morning
4 good crowd heard the speaker
who arrived at the han At p,ao ?,
m, after being whislSed from the
airport with a police escort
lie was met at the airport by
Cecil Newman, coschairmau Of the
Stevenson kofauvor state organis
cation.
pigKs reviewed graphically con.
ditiona developed ~ all areas of
American life since the election OF
i'paident Eisenhower which he
compared 10 the gains made by
the average American family uns
der the administrations of kooHe-
welt and Truman,
lie Rcurncd claims that the
Eisenhower administration had
done a big Job ON civii rights,
piggs said, Voters must remem.
ber that every gain on tho civil
rights front during the present adj
ministration was originally initial
ed by either Roosevelt or Truman
under the Democratic admlnistra'
ton"
The Democratic civil rights
plank In stronger, DiEgs said, be-
cause u insists that there must be
change IA senate rules M that u
minority cannot successfully fill
buster proposed legislation Ia
death.
The Republican platform. DigRH
stated, makes no reference 10 this
important fact The Democratic
plank did not suit him entirely.
but II In ten times aR strong IA
the weak cor eivil rights plank
he added,
On the EaAtland issue, which
Diggn says Ia "phony" iaAue, the
Dutrotter said that II the Repub,
iicans were 10 much against East
land 1T least ono OF the ~ Ita.
publican Senators should have got
up IN the Senate 10 oppose HIS
elevation 10 tho chalrmanahip Of
the Judiciary committee None did
said Digs, but three Democrats
spoke out and voted against tho
Miaaissippian,
Digs said that In the two
Congresses that the Republican
party has controlled In the past
ten years. not single civti
rights hin was introduced by
party m~mbers oT passed.
The three bills introduced by
the Eisenhower administration IN
Apri came too late 90 obtain ao-
ton on them. DiRRs aald, in the
Senate They came 10 Congress
without a covering message from
the President himself but were
forwarded. accompanied with u
letter from Attorney General
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

give perspective 10 both parties.
The Urban League, IN the case
where Negroes have never been
employed In company aids in
the adjustment ~ the individual
10 the job, helps with the com.
panys employment and personnel
policies, and plans - rational ap.
prosch Ia integrntinR the Negro
with other employees
According 10 Granger. The work
remaining 30 be done by far over
shadows tho amount ~ cnc0urag-
inR change that has been made to
date IN this field
Granger has had much expert
ouce in the area He received HIS
EA from Howard University,
Washington. y & ard his masters
degree from Columbia University
he spent 10 years with the VI.
ban League in New York Clsvs-
land and Minneapolis and was an
lnforrnationH oflcer In the Army
Granger is n member 81 and
president If the S0uthsfn Mime.
sofa Chapter II the National A..
nDriatlDn ~ Social WORKERS. With
mrmboFshtp of GOG
This quietly intent man has tho
tools 10 fashion FOR this commun.
ity the framework IN which "a
ciaI progress can become part Of
the city's whole community sfrIc-
tuFr
The Urban League has q staff ri
three fuli-iime and two part.iiIne
workers Ashby y Gsskius IN
neid secretary and Dallas voran
ls field worker.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
POLITICAL POT
BOILING OVER

This week and next week IN
THIS Newspaper candidates for
public office are making ap-
peals for voter support Of their
various candidates.,
Both the national political
party campaign committees
are making their bids for sup
port with fun page ads in this
ISSUE.
sor1s q TIE individual cant
dates are using our advsrus-
.ng columns 70 state their case
% ths voters
Sex' We~z this rssspzp~r
lSJv ? edition. wfn make
gsN s-ssrseroerts Of ca1fI-
oates .rai 81 feels 10 is duty
% rer--amsr8 for consf aera-
'trr - - readers
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
SATURDAY LUNCH GLIB
PLANS TESTIMONIAL
BANQUET NOV. rs

The Saturday Lunch club fam
81 Minneapolis discussion group,
10 planning a testimonial banquet
In honor 81 three Metropolitan
On November Is Those to be
h0npred by the club are Cecil
Newman, Newspaper EDITOR l.
Howard Bennett. attorney and
NAACP president, ard Rev.
Charles r. Parker = member 81
the club
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

art Granger, or Gordon or Lester
Granger. shelton. that IN, is the
guiding hand of the Urban League
as II enters its a0th anniversary
year in Minneapolis, With opt-
mism and vigor he is looking for.
ward 10 comparable progress In
the next 80 years,
Granger stands on IA simple
philosophy that explains far more
Of the concern In the world other
than the minority problems with
which the Urban League deals.
His philosophy, the welfare of
any segment of the community In
identical with the welfare OF the
entire community"
With great store of enthnsi-
asm. diplomacy and a rational APP
proach 10 any problem, the Ur-
ban League eperat~s in the AREA ar
Industrial relations. community
services. community education,
community planning, housing and
research
These sin areas are pointed to
ward q better community through
better race relations.
Last year. l.0Is interviews were
held with applicants for employ
ment or other vocational services.
1875 field visits were made 10 en-
pfoyers, unions, schools. govern
ment agencies in the interest of
agency applicants
In 1855, the Urban League, with
the aid Of Community Chest funds,
conducted 1871 interviews with PEG
pie seekinR some means 81 solving
personal problems resulting from
discrimination or mlsundcrstsnd
ing based on race.
All OF the Urban Leagues op-
erations are aimed 81 solving min
ority group problems peculiar 10
racial minonties. This includes
Negroes. Indians ana other groups
Most nf the people receiving
direct services are Negroes. Bat
the other minority grogpa such az
Indians. are increasing
II - Impossible 10 pin point sta.
usiics on haw many are served in
each minority group since ~"
League does not keep records on
the basis Of race or religion.
concept advocated within the up
irrational procedures II any edu-
catiousIs governmental ~ corpor-
ate body.
The industrial relations work ~
the Urban League continues 70 ~
the hard core Of ltH program
This IL true, according To Gran
ser. tn nearly all Of the 81 local
affiiiaisa Of the national Urban
League.
II IL through this phase o. the
work that the League attempts ~
expand job opp0rtuHi'jes for rs-
eiaI mlnorites and 20 encourage
young people 10 plan and prepare
for higher vocational objective.
Because this involves numerous
conferences with employers and
unions many SOUND. bat also many
extreme racial attitudes are On
ogIntsrnd.
The Leagues experience shows
that many employer who adopt
Bon-iisertnlnstofy en- > ] 0 yrosnt
policies 30 - becauss ~ sslf-sn-
hRh,snfHsnt
a frR. hoVever. E"sk 70 gain
competitive advantage IN relation
20 the Negro market or hire ons or
tsro Negro workers IN AZ attempt
70 gnblIrdsn personal feelings II
guilt.
The twp latter example, are IN
healthy approaches ~ ne prob
ieru and usually sHd Up WITH the
parties involved beayminR dis
ss'iFfs5 ~ raIadig7tst
On ar lnf Ydlai case bseis. re
Trt,an Iss-0ss vh'rh is bong sup.
r~rtsI ~ to rurrcr' Community
chest ra0psEg-. ssoHr ~ study
'fa fere. rn-Ff' Fff n1'h fhs
employees ara 'hF suFlaTsr ard
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Friendship Bopfisf Church
Style Show Saturday Might

n" Usher Board ~ FFtff'flahip
Baptist ChgrrE all sturEos
style ah0p Saturday Orfnher II
a. 80 p M. a. 'rs church 40
18th ~ & Donation $3.50 DD9r
rrfzre FREE rsfrp-Hwrr's Mrs.
l-e.Fs Adams PREF fs~' Esv l.
e Harms m.Tlwrr AGF
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

Browncli. Usually when u rresi-
dent wants something passed bad
enough, he sends a special mes.
sage 20 Congress, the young Con-
grrbsman told his audience
Dtggs praised Congressman
Wier a. one of the leading Con.
grensmen IN the nation lie urged
hia reelection and also urged the
naming OF Joseph Robbie, Demo
erai to replace Walter Judd in tho
Firth district
Need Mere Democrat.
The Congress needs more Demo
Gratis, not less II the country IL
TO continue It's program and all OF
the people are to share In such
progress
The American Negro In both
the North and South got his
first real taste VI ccoaomir OPP
pariuniiy under the New and
inir Deals.
Minnesota Ii fortunate, Digs
said. 60 have man like Hubert
II. Humphrey in tho u, \, Senate,
DiREa urged the reelection 81 Gov.
ornor orville Freeman whom no
said n Acknowledged M one of the
civil rights leaders among tho
governors OF tho nation,
Digs reported that Gov, FREQ
man did u yeoman job nj the
Democratic convention IN an ef-
fort to obtain a strong plank
Robbie speaka
Joseph Robbie. DF'L candidate
for Congress from the Firth dis
trict made n spirited speech In
which he raped tho record Of DIR.
Walter Judd, the 1Op candidate,
lie said that Judd had failed the
schools NJ Minnesota by cynicaily
voting for the Powell amendment
this maize the bii unpAiasabis Ia
the aouibsrners and then eallouniy
voted against the amended bill
when II came up for final consider
alton.
Congressman Judd probably
hasn't realized that Minnesota
ranks along with Alabama and
Mississippi In the shortage Of
school rooms, " his action IN Con
greHs In an Indication.
WisF introduced
Congressman Roy wiar of the
Third Congressional district In.
troduccd Congressman DlggH and
told Of his first meeting with him.
wier aaid he Immediately racog-
nized that ~ DigEH the liberal
forces IN Congress had additional
strength
l.. Howard Bennett, presided NJ
the meeting
The meeting was sponsored by
the Minnesota Committee on In.
toRfation Of which Leonard Car
ter IN chairman
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

Many Of the outstanding
candidates for public office sub
Jsct 10 the elections on Novem-
b"r .. will address the readers
of this paper through It's adver-
Using columns this week and
next
We ask for the attention
Of the readers hS we do all Of
the firms and individuals who
usa this medium TO obtain the
respectful attention and con.
sideration OF the community.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Pofrioreh Dies:
Pofrioreh Dies:
N. 0. Cannon, Minnesota
Pioneer, Dies In California;
Was Near Goth Year

Los Angeles, CalfServices for Mack Oliver Cannon of
Los Angeles Calf former resident of Minneapolis who died
Unexpectedly at his home Thursday October Is were held
Monday October D. at AngeuS Funeral Chapel Los Angeles
Burial was in RosedaIe cemetery here
Mr. Cannon pioneer resident Of Minneapos WAS horn in
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

Church correspondents of the
leading churches In the Twin
cities write interesting and In
formative columns each week for
this newspaper.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Demo Pionk Stronger, No SoyS
Congressman Chas. Diggs
Lashes Republican Claims
On Civil Rights Issue

The youngest of the three Negro Congressman in the T.
House of Representatives Charles C. Digs Jr Michigan
Democrat gave the Eisenhower administration scholarly go
ing over Friday night October 10 the Go Hall in Mime
apols
nipgs nrnr the end Of Western tour arrived in Mnne
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
Second IN Five Weeks
Minneapolis Police Nab
Nine In Breakdown On
Dope PeddIerS & AddiCts

In the second big catch IN five weeks Minneapolis police
moral squad Officers led detail chief Jake Sullivan arrested
persons Monday and r0nfscatod $500 worth OF
heon Two others arrested Friday brought the total 10 IL
Enough heron found in the raid hous" a 1913 18th
AZ 8. The nffLccra clnlmnl. % L 800 cnpamLea.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

Classified ads ARE always - sure
tst ~ you have room Tor rent,
bSps1 10 @rli, OF are looking far
Dob. Try one and ~" IN 3
1896.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

Won Ntii find tho n~vs ~ the
9-apls yau knsw and 'hs plses.
rau %. In the social and pc-~onaI
columns - this pspsr.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26
He Answers To Stewart,
Farley, Gordon o. Lester
But His Name Is Shelton
Ky staff Correspondent

lie 10 the name Stewart Farley, Gordon or
Lester but his is shelton Gangcrthe executive
ary of the Minneapolis Urban League Community Chest
agency.
The serious young executive explains with like
Granger people automatically call you Farley Granger Stew
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

those
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1956-10-26

-
S"%
fnAv-lkm
'olbey
] nv
Err
slsVision
" w.
ave. 20
AN
ence In
porches,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-02-29
Selling Wave
Boosts Stocks
Moderately

NEW YORK, Feb. 20 (P.-
President Eisenhower's decision
to run for a second term touched
off a great wave Of trading to-
day in the stock market at
moderately higher prices.
Price reporting facilities were
swamped. The tape was as much
as 10 minutes late.
The tape was 10 minutes late
on September 81, the second day
of the reaction to the Presidents
heart attack.
Despite the tremendous ac-
tivity. prices didn't rise very
far. There were gains of / to 2
points among leaders, but most
of the advance was below a
point.
All sections were higher. Most
attention conferred on steels,
motors. oils and some railroads,
coppers and chemicals.
At noon, the Associated Press
average Of go stocks was up $1.40
at $181.00. That put the aver
age only SO cents under the high
point reached September %.
Corporate bonds were mod
erately higher. U. S. Govern
ment issues were easy and quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-02-29

hohEy oAieo On tuo ExcnAnSo
.Vu am Sov 900 u noon Slo 600
100 pm q go ooo 300 o m 600 600
tUnit Of tradins ~ snares or saIes IN
full Rates Of dividends In the forego.
inR table are annual disbursements based
on the last quarterly or Semiannual
declaration Unless otherwise noted
special ~ sxtrs dividends are GOT in.
cludeu Also extra OF extras An
n ial rate plus stock dividend Declared
OF paid In 1865 pIus stock dividend
Declared OF paid SO far this year
{ Payable In stock during 300 estimat
ed cash value on ex-diviuend or ex-dis
tr,button date Paid last wear ne
clared OF paid after stock dividend OF
split up Declared or paid this year
an sccumulative issue with dividends in
arrears pPaio this wear dividend
omitted deferred or no action taken at
last dividend meeting Declared or
paid IN 1856 p,us stock dividend Pay
able IN stock during 1856 estimated
cash value on ex -dividend or ex-distribu-
ton date Liouidatins dividend cid
Called Ex-diyidend x-dis Ex- dlstri-
button xr Ex-rights XIV without war.
rants Wv With warrants wd When
distributed wi When issued nd Next
dav delivery In bankruptcy or receiv-
ership or being reorganized under the
Bankruptcy Act or securities assumed
by such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-02-29
Steel Makers
ace Problem
On New Orders

NEW YORK, Feb. 90 R.-
Temporary easing of demand for
steel from the automotive indus
try has stimulated greater pres
sure for steel deliveries from
other industries, the Iron Age
national Woodworking weekly
said today.
This puts the mills in the un-
comfortable position Of accept
ing some orders and turning
down others, it added.
Iron Age said some mills are
.offsetting the slightly easier cold
rolled sheet market by resum-
ing sale of hot-rolled sheet:
after months of turning down
such business. Others are pro-
ducing light plate on sheet mills
to help relieve the plate market
But early February sales in
the automobile market were good
and indications are that heavy
dealer stocks were cut almost by
Ia third. When the figures are
in, they may show current stocks
of between 100000 and 100000
new cars. Detroit sources say
this is not an unusually high
number of cars for the spring
selling season.
Meanwhile. unbalanced steel
inventories are causing trouble
in some industries, particularly
in construction. A large con-
struction project was halted in
mid-Deeember for lack of fabri-
Gated structurals. 1t finally re-
sumed last week when the de-
layed order was filled.
But Iron Age forecast there
will be more delays Of this kind
in the months ahead. Shortages
of structurals and plate will not
be relieved as the construction
season gets into full swing.
Meanwhile. 1t reported the
scrap market to be nearing a
leveling-off stage. Signs of
strength are appearing and the
market is holding firm in most
Icenters.