Show PECORA DEFIES DATA CRITIS WASHINGTON May 3 T dinand counsel for lor the tc senate sen sen- ate banking bankins committee today chal chal- lenge 1 lenge the thc stock exchanges exchange or brok brok- ers to refute the evidence he submitted sub sub- to reute the committee on market profits profit and practices P ora made his s statement while the house approved the controversial slat sial 45 per cent margin requirement in i the stock market control bill bi In a sharp reply to the propaganda da charge hurled against the data by Richard Rihard Whitney president or of the thc New York stock exchange Pecora told his hi statistics were no nomore nomore more propaganda than than is evidence presented to a court and jury upon which a judgment is isA i A grand jury analysis mal si of the Detroit banking situation has ha been ordered by Attorney General Cummings Cumming A V short short while before re unsound pra practices Uce and mismanagement were reported to the senate banking and nd stock market investigating committee as th causes of the failure of oC Cleveland's Cleve Cleve- lands land's two big the banks the bank Guardian Trust company and the Union Trust company Cummings told reporters he had designated Guy K Bard a special torey general genera to handle the Detroit case cae |