THE DAILY ALASKA EMPIRE
“ALL THE NEWS ALL THE TIME”
VOL. LXXIX., NO. 11,981
JUNEAU, ALASKA, TUESDAY, DECEMBER 4, 1951
MEMBER ASSOCIATED PRESS
PRICE TEN CENTS
Heavy Winds
Lash Oregon,
Hove North
By the Associated Press
Hurricane-force winds lashied
southwestern Oregon today and
moved northward with lessened
force bearing heavy snow and rain.
The wind hit gale velocity at times
all the way from British Columbia
to California.
Coos Bay was isolated as the
winds whipped power and telephone
lines into a tangle. The Oregon
emergency radio net swung into ac
tion and George C. Martin, W7EJF,
using a mobile transmitter, sent out
the Coast Guard’s.estimate of wind
gusts up to 400 miles an hour. The
wind was hitting a steady 75 to 80
miles an hour the Coos Bay Coast
Guard reported.
Trees Crash Power Lines
Power was out at Grants Pass as
trees crashed down on power lines.
A blizzard raged from Klamath
Falls up through central Oregon
desert country.
One ship, riding out the gale off
Cape Blanco, Ore., reported a wind
reading of 12 on the beafort scale
73 to 82 miles an hour.
But the Seattle Coast Guard re
ported no distress calls from ships—
they apparently “started to run in
time,” a spokesman said.
Airlines cancelled some flights as
rain swept over the mid-Willamette
valley.
The weather bureau said full gale
warnings would continue on the
Washington and Oregon coasts until
7:30 p.m.
Miles of Tacoma
Flooded as Storm
Drives in Tide
TACOMA, Wash, Dec. 4— UP) —
Tacoma's miles of waterfront all
but took to the lifeboats this morn
ing as one of the highest tides in
the city’s history put a sheet of
water over much of the property
adjoining the bay and sounH.
Plants closed until the tide ran
out, beach residents moved their
belongings to the second floor, and
boats were dragged out for naviga
tion purposes.
The tide actually was scheduled
to come in to the tune of 12.6 feet,
tut the storm in the Strait of Juan
De Fuca pushed an estimated 2.7
more feet of water up Puget Sound.
At least two mills, Defiance and
Dickman on the west side of Com
mencement Bay, closed portions of
their operations for about "two
hours.
Denali Out pf
Drydock Ready for
Alaska Service
SEATTLE, Dec. 4 — «jD — Alaska
Steamship’s Denali has returned
from 10-days drydock at Todd’s to
res'ume service on the Seattle-Alaska
pasenger run.
The Denali will sail Friday from
Seattle for Ketchikan and other
Alaska ports. .
In another schedule adjustment
the line announced substitution of
the MS Flemish Knot to sail for
Southeast Alaska Friday in place
of the MS Ring Splice. The Flem
ish Knot arrived here in position
for the voyage eartier than the pre
viously scheduled Ring Splice.
TheWashington
Merry-Go-Round
<C0Dyr!tht. 1851. by Bell Syndicate, Inc.)
By DREW FEARSON
WASHINGTON—Behind Defense
Mobilizer Wilson’s sudden trip to
Key West was not only lagging pro
duction but the possibility that most
major civilian manufacturing, such
as automobiles, may have to close
down in 1952.
For the inside fact is that the
government might have to go on
an all-out war footing, with the
manufacture of autos, refrigerators,
TV sets, etc., banned entirely.
The choice of planes vs. autos
was laid down by Manly Fleisch
mann, the nation’s forthright pro
duction chief, at a recent secret
meeting of defense agency heads.
“II the production of consumer
durable goods is reduced more than
an additional ten percent, it will
be necessary to convert entirely
to defense," he warned bluntly. This
would mean “abandonment of the
basic concept of maintaining a sub
stantial level of production of con
(Contlnued on Page 4)
Proposed New City Hall
Architect's drawing of the new proposed City Hall on which Juneau voters will decide Thursday whether
or not smtlta in Lords will be is.ucd for the const ruction. The tutal cost of thV- building will be ap
proximately $.'.79,tC9. This will Include Alaska Pu bile Works matching funds. The new fire station
which is nearly completely is shown at the right.
1
Caudle Accused
Of 'Leaking' Grand
Jury Information
WASHINGTON, Dec. 4 — Wl —
Peyton Ford, former deputy attor- j
ney general, testified today he |
“presumed" T. Lamar Caudle was |
“leaking” grand jury information on |
an Alabama tax ffaud case to a
Congressman in 1950.
That was the reason, Ford said,|
I why he arranged for the informa- i
| tion to “by-pass” Caudle’s office,
I even though Caudle was assistant |
| attorney general in charge of tax j
fraud cases.
Ford did not immediately name ’
the Congressman. However, he:
was called before a House investi- i
gating committee for follow up tes- i
timony to the story related by JohnI
1 Mitchell a ' Justice Department j
I prosecutor, yesterday. Mitchell said i
\ that Caudle and Rep. Frank Boykin j
I (D-Ala) took an “unusual" interest j
j in the case of the Gulf Coast To- |
I bacco Co., Mobile, accused of un-1
j derstating 1942-44 income by sev- j
j cral hundred thousand dollars.
Ford resigned as deputy attorney'
! general last September and is now
j in private law practice in Wash- j
ington.
President Truman forced Caudle's
resignation last month with the ex
planation that Caudle’s “outside;
activities” were incompatible with
his official duties. ' ,
APPROACH ALLEGED
Washington, Dec. <? •— af —
Abraham Teitelbaum, wealthy Chi
cago attorney, told House tax in
vestigators today he was approached
last winter by two men who told
him he was going to have “some
income tax troubles” unless he paid
about $500,000 to aid him.
Teitelbaum said the approach
was made by Burt K. Nastor and |
Frank Nathan in Miami Beach, Fla.'
Teitelbaum said he was told there
was “a clique in Washington,” com- j
prised of Charles Oliphant, Jess
Larson, a Mr. Nunan, “and another
man who just resigned as internal
revenue commissioner, a Mr. j
Schoeneman—a combine formed for !
the purpose of looking around the
country to see who are soft touches,!
or words to that effect.”
Teitelbaum added:
I audie Mentioned
“And Mr. Nastor mentioned the
name of Theron Lamar Caudle,
too.”
The attorney quoted Nastor and
Nathan as saying “they could make
it easy for me.”
Teitelbaum did not identify the
members of the so-called “Wash
ington clique" by official position.
The chief counsel of the Internal
Revenue Bureau is Charles Olip
irint. The head of the General
Services Administration is Jess
Larson. A former head of the In
ernal Revenue service is George J.
Schoeneman. He resigned earlier
his year. His predecessor was
Joseph Nunam.
Teitelbaum testified before the
House Ways and Means subcommit
tee which is investigating tax fraud
prosecutions in the Justice Depart
ment. For the last two weeks, these,
hearings have centered around T.
Lamar Caudle who was fired by
President Truman on Nov. 16 from
the post of assistant attorney gen
eral in charge of the tax division.
Denali scheduled to sail from Se
attle on Friday.
Baranof scheduled to arrive from
Seattle at 8:30 p.m. today.
Freighter Cassiar sails from Van
couver tomorrow.
Ship. Movmnsnta
Alaska Mines
Will Receive
U. S. Money
WASHINGTON, Dec. 4—<4>)—The
eight-month-old program to spur i
the search for domestic sources of j
critically short minerals has brought
$295,67G in government aid to three
Alaska mining companies.
In addition, if the explorations
prove successful, it may add thou
sands of dollars to the Territory’s
industrial payroll as well as add i
to Unde Sam’s depleted mineral |
stock’,.
Search for Tungsten
The most recent contract to be
amiouueod is also the largest. It
went to the Alaska Metals Mining
Co. (No address available) for tung
sten exploration in the Territory.
The government will stand 75 per
cent—or $133,676—of the $178,234
exploration cost.
Previously announced were con
tracts to the Zenda Gold Mining
Co., for tin exploration on the
Seward Peninsula and the Admiral
ty-Alaska Gold Mining Co., of Ju
neau, to seek out deposits of nickel i
and cobalt. All three of these mat- 1
erials fall in the top bracket of the j
critical list and are eligible for 90
percent participation by the govern
ment.
Zenda will receive $54,000 of its
$50,000 costs from the government
and Admiralty-Alaska will get back
$108,000 of its $120,000 total cost.
Exploration Program
The exploration program was set j
up last April in the Defense Miner- ,
als Administration, recently renam- j
cd the Defense Minerals Exploration j
Administration (DMEA).
It already has approved 208 pro
jects of which are being carried ;
on by interests not active in mining ;
last year. Those in charge feel this
indicates the program is successfully
arousing renewed interest in min
ing.
The 208 projects have a total
cost of $11,014,517, of which the gov
ernment will pay $6,651,604. They
involve 21 states and Alaska.
Sliding Scale
Government participation is based
on a sliding scale— 50, 75 or 90 per
cent—depending upon the need, (
probable availability and normal de
mand.
Top participation goes to asbestos,
beryl, cobalt, columbium-tantulam,
corundum, cyrolite, industrial dia
monds; kyanite, mica, monzaite,
nickel, platinum gToup metals,
quartz crystals, talc, tin and uran
ium.
The government gets its money
back only in event that exploration
proves successful and production is
gotten underway within 10 years.
Then repayment is on a sliding
royalty scale.
•
• WEATHER REPORT
• <u. S. WEATHER BUREAU
a Temperatures for 24-Hour Period
• At Airport: Maximum, 33;
• Minimum, 24.
•
• FORECAST
• (Juneau and Vicinity)
• Mostly cloudy with occa
• sional light snow tonight and
• Wednesday. Low tempera
• ture tonight near 30 degrees
• tonight and high Wednesday
• about 35.
•
• precipitation
• (Past 24 hours ending 7:30 a m. today
• At Airport — 0.05 inches;
• since Juty 1—17.72 inches.
• •••••••••
No Bond Issue Ever
Voted lor City
Hall; Says Mayor
Due to some confusion among
voters, Mayor Waino Hendrickson
today clarified a misunderstanding
that a bond issue had been voted
on for the construction of a city
ball.
On April 29, 1948 at a special
election 251 voters approved, and
99 disapproved, of a bond issue for i
$125,000 for the construction of a
combined, fire hall and jail, Hen
drickson explained.
At that time it was planned to]
build on the city property by the i
old city hall. The only bid received ]
was $50,000 more than the estimate.
It was planned to make a new call
for bids. Meantime the Territory
started negotiations to purchase
the city property as a site for the
new Alaska Office Building, which
is now in the process of construc
tion.
Any further action on the build
ing of the fire hall and jail was
held up until the city acquired a
cite at Seward Street and Marine
Way where the new fire station is
now being completed.
Present plans call for the city
hall to be built adjoining the fire
station, Hendrickson said.
Commandos
Rip Red Lines
Behind Front
SEOUL, Korea, Dec. 4—t¥t—Brit
ish and American Marines ripped
through Red defenses 130 miles
behind the front in the most pow
erful hit-and-run commando raid
of the Korean war, the Allies an
nounced today.
The Anglo - American force
stormed ashore on the east coast
Sunday night under cover of heavy
naval gunfire. The troops shot up
Communist communications and
transport midway between the So
viet frontier and the front.
The announcement was1 with
held until, presumably, the raid
ers had withdrawn. U.N. Naval
headquarters listed two British
Commandos as wounded. No U.S.
casualties were reported.
The surprise assault on the
beaches near Tanchon, 170 miles
north of the 38th parallel, broke
through heavy Red machinegun
fire and carried the raiders astride
Communist coastal transport lines.
The surprise Allied raid came two
days after the Reds captured the
island of Taehwa far up on Red
Korea’s west coast.
The Allies had not reported oc
cupation of the island. But the
U.S. Eighth Army Tuesday said
1,000 Chinese stormed ashore from
canoes, sampans and motorboats.
British and Canadian warships
evacuated 300 to 400 Allied guer
rillas on the island. The U.N.
Command did not mention two
other smaller islands near Taehwa
which the Reds said they cap
tured.
Bitter cold became the worst
enemy of Infantrymen on both sides
of the 145-mile front lines. Tem
peratures dropped to zero in the
eastern mountains. There was so
little fighting the U.S. Eighth Army
| communique reported actions by
squads.
FROM SEATTLE
Wayne S. Pendleton of Seattle is
stopping at the Baranof Hotel.
Coast
Strike
Threat
SAN FRANCISCO, Dec, 4—Of) -
Eight west coast ships may be pre
vented from sailing because of a
wage dispute between the Marine
Cooks and Stewards Union and the
Pacific Maritime Association.
The PM A said the stewards’ re
fusal, if it continues, will prevent
the ships from sailing. But stormy
weather delayed loading of several
of the vessels, and none was ready
to depart.
Ships affected, the union said,
are the Philippine Transport, P&T
Lender, Oregon, William Lucken
baeh, F. J. Luckenbach and Seafair
in San Francisco and the Hawaiian
Craftsman and Susitna in Seattle.
Tlie union said its men would re
main aboard vessels in port but
would not sign articles for further
vdjyages until PMA agrees to raise
wiges by G-2 percent and to grant
other contract improvements.
PMA says the increase will be
made effective after the Wage
Stabilization Board approves sim
ilar increases for other unlicensed
personnel.
MCSO REFUSE TO SIGN
SEATTLE, Dec. 4—(if)—Members
of the Marine Cooks’ and Stewards’
Union (Ind) have refused to sign
aboard the motor ship Susitna, an
Alaska Steamship Co., vessel, union
port agent Charles Nichols said to
day.
Nichols said union members would
not sign articles for further voy
ages until they obtain a 6.2 percent
pay increase retroactive to June
16 and other contract benefits.
The move would idle ships along
the west coast as scon as they com
plete their present voyages.
Scheduled sailings of two other
vessels from the Port of Seattle
m>y be delayed later today.
Nichols said crews would also
r'tjuse to sign aboard the Matson
Navigation Company’s Hawaiian
Craftsman and Alaska Steam's
Denali. Both are expected to at
tempt lining up crews today.
So far, six other vessels on the
west coast are affected by the dis*
pute.
141 Killed
As Volcano
Erupts
MANILA, Dec. 4—UP)—Hibok Hib
ok volcano in the central Philip
pines erupted today, killing at least
141 villagers.
Rescue workers, clawing frantic
ally in smoking ashes which covered
half a dozen settlements, expressed
fear the casualty toll would reach
several hundred.
The Red Cross reported the toll
and said the figure was growing
hourly.
Scores of Filipinos burned by
red hot ash or streams of lava were
treated at makeshift hospitals set
up on Camiguin Island.
The volcano blew its top like an
atomic explosion. It spread a layer
of thick ash over half a dozen sec
tions, crossroads, clusters of farm
houses. It’s still smoking.
The Philippines weather bureau
seismologist said the ashes and
noxious fumes limited rescuers to
working on the outer fringes of the
district. Red Cross representatives
appealed for plasma and other
medical aid.
A U. S. Air Force amphibian
plane will leave early Wednesday
with needed supplies and several
doctors. A. U. S. Navy seaplane will
follow with Red Cross workers and
more supplies.
Land planes cannot reach the is
land directly. The nearest air base
is 40 miles away on Mindanao Is
land.
FROM SKAGWAY
Mrs. Ken Lamoreaus of Skagway
is at the Baranqf Hotel.
Claude T. Hauck of Fairbanks is
a guest at the Baranof Hotel.
1 n SHOPPING DAYS
IQ TO CHRISTMAS
Chance for APW
Funds Now Good;
Bartlett Says
Delegate E. L. (Bob' Bartlett
spoke at a regular Rotary Club
meeting Tuesday noon at the Bar
anof Hotel. There was almost a
perfect attendance record, In addi
tion to 11 guests.
Bartlett outlined some of the
events and the problems that come
up in a day in the life of Alaska's
delegate to Congress. He reported
that prospects at the moment seem
-ed good for the Alaska Public Works
to get its funds for carrying bn the
Alaska public works program.
Of the $70,000,000 alloted to the
program, only $16,000,000 has been
made available to date, he said.
A few ol the difficulties of a non
voting' delegate were brought out
by Bartlett such as the pressure of'
time against Congress sitting as a
sort of "city council” to act on Al
aska's problems, no representation
in the Senate to handle bills that
finally reach that body, and the
tangle of early western homestead
laws that do not fit the Alaska sit
uation.
Volume of Correspondence
Alaska's delegate told of the vol
ume of correspondence that faced
him each morning, 10 o'clock com
mittee meetings, luncheons, calls on
officials. He paid tribute to his
two Alaska-born assistants, Mary
Lee Council and Marjorie Godding
Smith.
He said that following the visits
of Congressional members te Al
aska, a good deal of correspondence
from Alaska was directed to those
members which he said, “helps, but
the members can’t spend too much
time on Alaska since they have
national legislation to consider. To
me the most apparent solution is
statehood.”
Because 90 percent of the most
important legislation for Alaska
goes through the committee on Ter
ritorial and Insular Affairs, Bart
lett explained that he attended
those committee meetings. Territor
ial delegates are assigned to com
mittees on Armed Forces, Agricul
ture and Interior. In addition Bart
lett serves on the Merchant Marine
and Fisheries Committee—all with
out a vote.
Christmas Music
Jerry McKinley was appointed j
chairman of a committee to provide !
j Christmas music on the streets,
! through a public address system.
He is to be assisted by Lloyd Coe
and Dr.l I. J. Montgomery.
Rod Darnell reported that the
New Year’s Eve party would begin
at 9:30 p.m. in the Gold Room and /
each Rotarian had the privilege of |
inviting another couple. The affair
is to be semi-formal, he said.
Visiting Rotarians were Mayor
of Ketchikan, George H. Beck:
Philip Hale, El Cajon, Calif., engin
eer; Lt. G. D. Hurlbert, Nome ac
countant; Lt. J. M. Morrison r.,
Anchorage communications.
Other guests included Col. Jamas
Crockett, deputy civilian defense
director; P. D. Koon, Seattle con
tractor; H. S. Edgecumb, mayor of
Pelican; and Alaska Road Com
mission personnel, Eafl Simmons,
Anchorage; Brad Gunderson, Fair
banks; Lewis Taylor, Valdez; and
Carl O. Comstock, Haines.
Thomas Morgan, Jr., was the stu
dent Rotarian.
Fairbanks to Gel
More Patrolmen
From Petition
As a result of a petition signed
by 693 residents of Fairbanks,
Frank Metcalf, highway engineer,
has authorized the appointment of
two additional highway patrolmen
in the Fairbanks area. v
The petition, which included sig
natures of many of the interior
city’s foremost citizens, asked for
highway patrolmen, and also more
city policemen, because of "increas
ed population, crime, and traffic
violations within the Fairbanks pre
cinct.”
Metcalf has written letters saying
that because of the situation, he is
glad to try to obtain additional
help for the area. He points out,
however, that the budget of his
department is very limited, surviv
ing, as it does, on a 2-cents a gal
lon gasoline levy.
Metcalf says that the average
state gasoline tax is about 6 cents a
gallon. He points out that the con
struction and maintenance of roads,
floats and docks must all be paid
for out of the funds collected from
the 2-cents tax as well as the
Highway Patrol.
DIVORCES GRANTED
Divorces granted yesterday in U.
S. District Court were: Ray Hager
up from Mary Hagerup, and Ellen
Harris from Fred W. Harris.
'Chogie' Girl *
Actress Malliyn Monroe (abort),
described by a Hollywood studio
press agent as “the girl with the
hour-glass figure and the sand
distributed in the right places,”
has been singled out by an Army
regiment in Korea. The 2nd In
fantry Division's 23rd Kegiment,
her press agent continues, haa
named her as the “Girl We’d Most
Like to Chogie l'p a Hill With."
“Choalie” is Korean slang for
“climb,” the press agent explain
ed. UP) Wirephoto.
Federal Help
Gel Four Days
For Chrislmas
KEY WEST, Fla., Dec. 4—— [
President Truman today ordered a!
four-day Christmas and a three
day New Year’s holiday for as many I
goyernment workers as possible. |
The bulk of the federal employees
here and elsewhere through the j
country are expected to get the full!
vacations. But many postal workers;
will remain on the job during the j
Christmas period.
The schedule arranged by Mr.
Truman would let most federal
workers off work beginning Satur
day, Deo, 22, through Christmas
Day. The foliowing week they
would be off Sunday, Monday and
Tuesday, Dec. 30 through Jan. 1.
To make this possible Mr. Tru
man instructed federal agencies to
rearrange their schedules “where
practicable” so that the work week
will run from Tuesday through Sat
urday during the Christmas and
New Year’s Day week. Thus, the
employees will work Saturday, Dec.
29. and Saturday, Jan. 5, which
would normally be days off.
Company Pledges
ro Break Strike
With Money: Union
NEW YORK. Dec. 4——A un
ion spokesman declared today that
Prudential Insurance Company of
America has pledged to spend live
million dollars to break a nation
wide agents’ strike, the first walk
out of its kind in American history.
The company denied the charge.
The charge against Prudential
was made by Max Shine, secretary
treasurer of the Insurance Agents
International Union (AFL).
The walkout began Friday mid
night with the agents trying to
enforce their demand for a $20 in
crease in weekly base pay to $55.
Major W. L. Cassidy of Elmen
dorf Airbase is stopping here at
the Baranof Hotel.
TIDE TABLES
• DECEMBER 5
•
• Low tide 12:35 a.m., 0.6 ft.
• High tide 7:13 a.m., 15.3 ft.
• Low tide 1:16 p m.. 4.8 ft.
• High tide 7:10 p.m„ 14.4 ft.
«•••••••••
U. S. Demands
Release of
Four Airmen
BUDAPEST. Hungary, Dec. 4—UTI
—The United States demanded to
day the release of four American
airmen forced down in their plane
by Soviet fighters in western Hun
tnry on Nov. 19.
The return of the plane, a C-47,
also was sought.
The action was taken through
Charge d’Affaires Oeoi-ge Abbott,
who has headed the U.S. Legation
here since the retirement of U.S.
Minister Nathaniel Davis last sum
mer.
Abbott visited Hungary’s Foreign
Minister, Karoly Kiss, and pre
sented a formal note on the sub
ject.
“I was informed by Mr. Klsa
that our request will be trans
mitted to the competent Hun
garian authority and will be ad
vised when a reply is received,”
Abbott told newsmen.
Abbott said the primary aim of
the Legation was to get informa
tion about the four crew members
and to get them released as quickly
as possible. (The U.S. State De
partment said yesterday it was tak
ing “immediate action” to obtain the
fliers’ release).
The envoy described as "standard
equipment” the parachutes, blan
kets and maps which both the
Soviet news agency Tass and a Hun
garian note olaimed were to be
dropped to underground groups in
side the Soviet Union and her East
European allies.
Ice Fishermen
Are Rescued
From Floes
ONAMIA. Minn., Dec. 4 — Of —
More than SO ice fishermen were
rescued ftfies, tofrn lease bjr
high winds sweeping big lake Mille
Lacs yesterday and last night.
Civil Air Patrol planes took off
at dawn today in a hunt for anglers
who might have been missed dur
ing the frantic race to safety. Mot
orboats were used in the rescues.
Motorists driving around Minne
sota’s third largest lRke gave the
first alarm when a gale estimated
at 60 miles per hour started tearing
big chunks of ice loose from the
south shore about 3:30 phi.
Scores of anglers, some as much
as two miles out from shore, were
mostly unaware of the peril they
faced until motorists started flash
ing warning lights.
Managing Editor,
N. Y. Times, Is Dead
NEW YORK, Dec. 4—(*>—Edwin
L. James, managing editor of the
New York Times the past 19 years
and a member of the paper’s staff
since 1915, died here last night. He
was 61.
INFORMATION WANTED
ON LONNIE E. STEVENS
Information regarding Lonnie E.
Stevens is requested by his sister,
Mrs. Marie Webb.
She has not seen her brother in
over 30 years, according to a letter
received from her. "He is supposed
to be some place in Alaska," Mrs.
Webb said. Anyone knowing his
whereabouts can reach her at 137
East Waterloo Road, Akron, Ohio.
C. D LIEBHART IS HERE
C. D. Liebhart of the National
Cash Register Co. from Anchorage
is staying at the Baranof Hotel.
SOPRANOS, ALTOS REHEARSE
FOR CHRISTMAS
The soprano and alto sections of
the Juneau Singers will hold a
memorizing session for the second
half of the Christmas concert to
night at 7:30 o'clock in the high
;chool music room under the di
rection of Miss Marjorie Iverson.
5|od( Quotations
NEW YORK. Dec. 4—OTi—Closing
quotation of Alaska Juneau mine
stock today is 3. American Can
109%, American Tel. and Tel. 157%,
Anaconda 50%, Douglas Aircraft
58%, General Electric 66%, General
Motors 51*4, Goodyear 43%, Kenne
cott 88%, Libby McNeill and Libby
8%, Northern Pacific 64%. Standard
Oil of California 50%. Twentieth
Century Fox 20%, U.S. Steel 30%,
Pound $2.80, Canadian Exchange
96.31.
Sales today were 1,280,000 shares.
Averages today were as follows:
[industrials 264J9, rails 81.88.