SECURITY CAPITAL <SCC> SUSPENDS DIVIDENDS
Security Capital Corp said it has
suspended quarterly cash dividend payments indefinitely.
    The company also said its board has withdrawn authroization
for the company to buy its stock on the open market. Its
previous dividend payment was five cts on February 24.
    Security Capital said this action was taken in response to
its continuing operating losses, primarily at Benjamin Franklin
Savings Association, a Houston-based subsidiary.
 Reuter
