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Show BONDS REFLECT FAITH OF POBLIC Unprecedented Demand For Issues Means Renewed Confidence. International ( s Svrvic-. NEW YORK April 29 The Improvement Im-provement being made in the business world was sharply emphasized during the past u'H'l; li an unprecedented demand de-mand for new bonds and phenomenal trading In the lond market. New bond flotations of several hundreds hun-dreds of millions of dollars were eagerly eag-erly snapped up by tho public do-spito do-spito tho fact that the yield on the bonds was far less than on previous issues. This stupenduous outpouring of funds for Investment purposes indicates indi-cates a restoration of the public's confidence con-fidence in tho business situation. Gratifying improvement in the steel trade was pointed out In the statements state-ments of the United States Steel corporation cor-poration and tho Bethlehem Steel corporation cor-poration The automobile business Is working under full pressure. The rubber rub-ber Industry Is desperately attempting to meet Hie demand for its products and thousands of new men ore being afforded employment at the various rubber centers. Dry goods trade show? I fair Improvement The volume of trading on the stock exchange continued on an unusually largo scale during the past week, with sales totalling a million shares and bettor practically every day. Money continued easy. Cotton was generally hlRher during th week, although the trading was In diminished volume. Business failures were on the rise during the week, Increasing from 485 Insolvencies last week to o43 this week. |