Trading on the New York Stock market Was moderately active and prices were higher todny—the od-vance cing ascribed to President Roosevelt's message to the Economic Club in which he Indicated that Industry and Government were partners Further selective buying and selling was anticipated, but experts warned that the international situation might chanwe suddenly, upsetting predict tions, During the last 11 sessions the list has moved through a one and one. elf point area, with six deetines and 'Wall Street still feels that a year-end ratly will be followed by a de-line in' the first quarter when the [Government plans to formulate a new tox bill, Several unexpectedly favourable Jdividend sations occurred today, and a record electricity output and the high rate of steel operations also contributed to the upward trend, Bonds were firm, commodities dull and mixed~raing were virtually changed, cotton dectined slightly and. rubber futures were dormant—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.