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...Prime mystery to Wall Street analysts has always been the exact part played by "little fellows" in market activity. To clear it up the Securities & Exchange Com-mission started last month to tabulate and release daily figures on odd-lot trading (less than loo-share lots), which makes up about one-fifth of all Stock Exchange transactions. Last week a full month of these figures provided solid data for experts in New York and Washington. Total buying orders for 2,934,843 shares with a value of $126,257.589 compared to total selling orders for 2,395.990 shares with...
...battle between pickets and police before Republic Steel Corp.'s South Chicago plant (TIME, June 7). In Chicago a "mass funeral" was staged for three of them by the Steel Workers Organizing Committee. Meanwhile the violence of the S. W. O. C. strike against three big independent steel com- panies-Republic, Youngstown and Inland -subsided. In Detroit, where fortnight ago United Automobile Workers organizers were beaten at the entrance to Ford's River Rouge plant, the fighting shifted to court. On both fronts the combatants took advantage of the lull to maneuver for position. On both sides...
...Mellon "industrial fellowship" has worked extraordinarily well. Last year "donors" gave $816,315. This financed 69 fellowships. Since 1911 almost 4,000 U. S. companies including Aluminum Company of America, Pennsylvania Railroad, Simmons Company (beds), Koppers Gas & Coke Company, Ward Baking Com pany, Cluett, Peabody & Company, Inc. (shirts, collars), Pittsburgh Plate Glass Company, have paid the Mellon Institute $11,478,406 for research. Said Director Weidlein last week: "Most of the problems have been solved satisfactorily." Workers have produced 19 books, 143 bulletins, 744 research reports, 1,117 miscellaneous papers as a result of their work...
Three Juniors and three Sophomores were elected to the Adams House Com- mittee in the annual spring elections. Reelected to the group were Hubert H. Hauck and Vernon H. Struck from the class of '38 and Harold M. Curtiss, Jr. and Ulysses J. Lupien from the Class of '39. Newly chosen were Alfred R. Brenholts, a Junior, and Oliver P. Golton, a Sophomore
...Staff Headquarters, the big shot. Reverently last week the Nazi press an nounced: "The Field Lord Ludendorff will use his surpassing knowledge and capabilities unreservedly and passionately for The Leader's work of Liberation. The Field Lord Ludendorff acknowledges The Lead er's political achievements fully and com pletely, and after long years of searching and consideration tinds inner contact with the Nazi...