Belief that the Administration has relaxed its pressure on utility componies has been enhanced the conference of S.E.C, and RFC, ofcials at the White House in c nection with the plan to finance utility equipment purchases. High interest was shown in aviation shares en the report that there was no objection to British purchases of plan in the United States. March ci garetta production topped that of March, 1937, Youngstown steel operations are at a higher rate. Three unfavourable factors are: the continued deadlock over the Tax Bill: bonk clearings are again below the level prevailing at this time last year and construction awards show decline.
Text read from the printed page and cleaned; old type leaves the occasional error.