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Show Better Conditions Are Reflected in the Stock . Market , New York, March 30. The week's stock market was notable for a fair degreo. of activity and underlying strength, although tho movement often of-ten was Irregular Speculative Interest Inter-est was transferred from tho Industrials Indus-trials which had led the market for tho preceding weeks, the lallways, particular! ; tho transcontinontals and trunk HnoS, which Improved their position pos-ition largely as a result of bettor earnings. This was obviously the reason bagk ql the rise in Canadian" Pacific, whose February net earnings Increased by $1,200,000. while the Harrlmans and Northern Pacific also made excellent exhibits for tho same period. The arrest in the industrials coincided coin-cided with the expected announcement announce-ment of a $30,500,000 bond sale by tho United States Steel corporation, which served to call attention to the corporation's reduced earnings In 10J.1. however reasurrlng It might bo respecting maintenance of tho common com-mon dividond. Thnt general business conditions have improved is demonstrated In the great gain in bank exchanges over the same period last year. Another favorable Influence was the virtual breaking' up of tho British strike. Threatened, home struggles In that same industry have thus far caused little concern Mcnej hardened hero again on further fur-ther intcYior demands, hut tho cash movement is soon, likely to rexorso ItPelf by reason of heavy April 1st interest in-terest and dividend payments. |