Business: Deals & Developments

Formality. A long awaited formality took place last week: Bethlehem Steel Corp. cancelled its contract to purchase Youngstown Sheet & Tube Co. The first suggestion for a definite program was begun in February 1930. There followed a long legal battle which was still being fought last week. The struggle marked the deflation of Cyrus Stephen Eaton who opposed the deal, tied up his resources in so doing. It ruined the health of big 77-year-old James Anson Campbell who two years ago resigned Youngstown's presidency, became chairman. It caused the suicide of Leroy A....

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