SECURITY CAPITAL &lt;SCC> SUSPENDS DIVIDENDS

  Security Capital Corp said it has
  suspended quarterly cash dividend payments indefinitely.
      The company also said its board has withdrawn authroization
  for the company to buy its stock on the open market. Its
  previous dividend payment was five cts on February 24.
      Security Capital said this action was taken in response to
  its continuing operating losses, primarily at Benjamin Franklin
  Savings Association, a Houston-based subsidiary.
  

