Trading on the Stock Exchange today continued to be slow, with sentiment appearing to be again on the cautious side. The nearness of the New York Automobile show produced firmness in motors, whilst the anticipation of another rise in steel operations next week aided steels. Traders were pleased with the announcement that a meeting of the Presidential and Railroad Committees would take place next Monday, and, at the same time, they were confident that the draft programme which would result therefrom would be favourable to the railroads. However, the attacks on utilities continued. Commodity prices are lagging behind.
Text read from the printed page and cleaned; old type leaves the occasional error.