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Show BUSINESS OUTLOOK. There, was a noticeable improvement m trade and f nanc al sent ment du ng the past week The commerc a agenc es report a spirit of caut on bu also say a conf dent feeling s ma n ta ned in business crrcles Tho f nan c al situation has been strengthened h the improvement in fore gn oxchange and the act on taken ln London to pre vent the marketing of American sccun ties by the Germans There have been two or three failures to declare d v dends during the week by more or less important corporations but these things occur when there is no thought of hard times and they were not re garded as having any special s gn f cance There is moderate activity in most lines of trade and a spir t of op timiem preva Is all over the countr Even the Wall street brokers rema n cheerful although the reopening of the stock exchange in the near future do 3 not appear 1 kely |