OCR Text |
Show Financial Review Sfiows Improvement NEW YORK, Fob. 2. Wall street throw off this wook much of the bur-don bur-don caused by tho government's conservative con-servative regulations. Improvement in tho eastern transportation system and an easing of tho fuel andilabor short- age were conducive to the strength of railroad shares. Sentiment respecting industrial conditions con-ditions was heartened by the United States Steel corporation's retention of the "extra" 3 per cent common dividend, divi-dend, although the financial exhibit for the last quarter of 1917 indicated a further cessation of activity, December earnings of the leading "railway systems, sys-tems, already to hand, denote the many disadvantages Incident to that month and the current period. Pronounced Impetus in Trade. Trading in the last half of the week received pronounced Impetus on the bull side, the movement concurring with President Wilson's message to the western farmers. Peace talk large- ly superseded domestic economic prob-lems prob-lems but due allowance was made for conflicting foreign advices. Money on Call E asy. Money on call was relatively easy, but time loans, although quotably low-er, low-er, were actually unchanged with a great scarcity of supplies. Foreign ex-change ex-change showed no appreciable altera-tion altera-tion except for recurrent heaviness of. IH Italian rates. Trading In Europe re-mittances re-mittances is expected to become nomi-nal nomi-nal under federal supervision. oo ll |