Traders on the Stock Exchange to-gay continued to adopt a waiting attitude, Business news again was lower. The Iron and Steel Institute rizced steel operations at 30.7 per cent Oi capacity, and further decline of automobile output of several companies was predicted. Several companies have omitted and lowered dividends, while some poor corporation reports were noted. Most brokers were bearish on the theory that the market trend in the imme ate future is governed by the lower business tendency. However, the outlook in some consumers' goods industries is slightly better. At present the market is worried over President Roosevelt's intervention in the House fight over the Wage-Hour Bill.
Text read from the printed page and cleaned; old type leaves the occasional error.