The slackening of activity on the markets of Wednesday and Thurs Jéay suggests the possibility that the recent excitement is now subsiding fand that the market may settle down within a relatively. narrow trading range until important new factors appear. Buyers are report-fed as being inclined to await reac-probably improved by last week's reaction which cleared up many stop loss orders and eliminated some weak holders. The short interest ig. still of substantial dimensions. On April 3 it was reported at 1,464,. 874 shares. By May 1 this had decreased to 1,415,300 but by May }29 it had risen to 1,429,000 and is now thought to be still larger. With the. Government at Washington committed to a policy of forcing higher prices by inflation, artifc control of business and adjustment fof money and credit, no wide reaction seems Smainent. adoption of any concrete proposals cReheastening epecuators and fiving the market "a feeling
Text read from the printed page and cleaned; old type leaves the occasional error.