Taking the bullish nature of Presitent Roosevelt's speech as a foregone conclusion, local traders and speculators were seen to display considerable buying interest on the local market yesterday, and although only short flashes from the United -States came through during the short morning session, the firm stand taken by Roosevelt. was sufficient to strengthen local trading circles in their optimisic attitude.
There was no mention of the Pacific situation, though, and, as a later perusal of the President's speech revealed, the chief executive refrained from doing so in other sections of his important announcement.
Text read from the printed page and cleaned; old type leaves the occasional error.