New York, Nov. 19.
The American—International Corporation passed its regular dividend on Thursday, causing heavy liquidation on the Stock Exchange. Many export houses are being forced to retrench.
Stock in the Bethlehem Steel Corporation reached 51, the lowest point for the year.
Mr. E. H. Gary, its Chairman, states that the United States Steel Corporation has advised its subsidiaries that the present basis of selling prices for all commodities be continued in force until it becomes necessary to make changes account of altered conditions.
—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.