Shanghai, lay 11.
The Senate's passage of the Patman Bonus Bill by a 55 to 33 vole on Tuesday after the stock. market had closed aroused dormant Inflationary enthusiasm amid active trading. th vanced. to its highest 10, 1931. The rally was ince February rose to a new peak for live months on. renewed expectations of modifications in the Rayburn Bill but the mich depressed 1931 has advanced to 43%, and International Nickel from 12% to 27%, while at the other ex: treme US. Steel 181% to 32% and Bordens from 52% to 24. This selectivity appears likely With business expected to show further I situation unsettling for another two months, it is difteult any sustained rise in the: psychology becomes rampant, that event with billions lying dle in the banks certain industrial fSaues at least could readily 'still higher before the inevitable reaction occurred.
Text read from the printed page and cleaned; old type leaves the occasional error.