New York, Dec, 5.
Conditions on Wall Street improved moderately today, with stock values showing gains of from fractions to about one point, There was a little buying on the theory that the. market was oversold, but profit taking restricted gains. A flood of generous year end dividend announcements aided sentiment, However, the outlook is being clouded by sighs of the levelling off of business and industry, coupled with persistent foreign liquidation.
Meanwhile, tax-selling is increasing, but some sellers are already replacing with other stocks, indicating ihat an important setback to the -narket is not expected at present.
The volume of trading tovahed 690,- 000 shares,—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.