Show VOLUME SLACKS SLACKS' SLACKS IN STOCK TRADE By ELMER a United Press Financial Editor NEW KEW YORK Yoni Sept So 23 Traders 23 Traders withdrew from froni the stock market Monday pending further developments develop merits ments in the European crisis and Andas asa as a consequence volume slackened ned to tho lightest In weeks despite I a firm tone In prices Opening gains of fractions ni to to- al almost most 2 points held through until the final hour when prices slipped from their highs coincident with sith announcement James M. M Landis would become the next chairman of tho securities and exchange corn com mission Rail shares were nent In slipping Prior to the final hour the war situation had attracted chief at There was a little hopefulness hopeful ness as result of weekend develop me menta ts between Italy and Ethiopia Ethiopia- which resulted In the opening gains gain of fractions to more than thana a point point- but not sufficient to bring In general buying Professionals and the small smaller er Cl traders kept to safety and made mad no attempt to push the advance Industrial situations furnished furnished lit little tIe tle power behind the market a al although though steel operators showed 06 points advance to per cent of capacity the American and andIron Iron and Steel Institute reported Industrial shares were leaders from the outset with Chrysler more than 2 points higher before meetIng meet meet- Ing a little late selling U. U 8 Steel had more than thina a point gain at 45 had more than 2 points gain at 76 and American Can at 1424 was more thin than 2 points higher All slipped fro from i their peaks hut mt maintained gains Atchison Topeka Santa Fe Pc led the tho rails with more than a point gain at 50 8 5 but butin in the late selling it dropped to 49 New York Cen Central also lost fractionally after jut an early small gain American Telephone led the util utilities gaining 1 to 1377 Con Consolidated Gas also showed strength Amusement shares were In de demand mand with Radio Keith Orpheum active and advancing to a new 1935 peak of i 55 before meeting minor profit Warner Brothers Brothers also also yaa was active Declaration of a 12 div divi by Servel directors brought brOugh some realizing sales in the Building shares including Johns Johns- Manville Improved on announce announcement announce ment that administration woUld push home building campaigns |