A flurry of. buying was witnessed on the Stock Exchange today as result-of Set Guy M. Gillette's victory at the Iowa primaries, after which the market lapsed into dullness, Other favourable factors it cluded: President Roosevel plans for speeding! up relief spending; re-orts of aviation exports far exceed-those of last year; and, the firm-ruling in the scrap copper market. On the other hand, unfavourable items were: the dividend omission by Mack Trucks, Me. and the statement made by Mr. William Stamps Fan Director of the Standard Oil of New Jersey that the Company's net profits for the present year will probably be between 20 and 35 per cent. below that of last year. However, dividend news had less effect on stocks today than yesterday.
Text read from the printed page and cleaned; old type leaves the occasional error.