Exchange declined more than a point today. Experts said that business reports are becoming as uninspiring as the market's performance because of the low demand for steel, which was not reflected in the operating rate.
"The Exchange," commenting in an article entitled, "What Does the Public Know About the Stock Exchange," published in the January edition of the magazine, in which 5,000 persons were interviewed in all walks of life, said the public showed evidence of "mi8-information and misconceptions concerning the exchange."
The article, however, crew attention to the fact that nearly half of those interviewed said they followed the activities of the Exchange and only 360 were extremely critical of it.
In today's session there was an improvement in some specials but losses far out-numbered the gains on the main list during the closing minutes.
Trading was slightly more active with utilities showing the best resistance to minor losses. Rails touched the lowest levels.since September 7.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.