Show SCHWAB'S RETIREMENT VIRTUALLY CONCEDED IN STEEL TRUST CIRCLES 1 NEW YORK Aug IS The The retirement retire retire- ment nent of or Charles M. M Schwab from the i presidency of or the United States Steel corporation is now commonly accepted as determined upon notwithstanding recent official denials and present reluctance reluctance re rc- re- re in official quarters to confirm the report President Schwab's Schwab impaired health is the reason for this thi action In well In formed quarters It is believed that his I retirement will m be followed by extensive exten exten- sive changes in the membership of or the organization The succession to the presidency is a matter of or surmise only onh and If Ir It has been decided no information can be had hadon hadon hadon on the thc subject It has been reported that the presidency would pass to James Gayley Galey the first vice-president vice of ot t th the corporation Other rumors have pointed to H. H C. C FrIck |