10 MARCH 1928, Page 53

Financial Notes . 1


ACTrviTY in new capital issues and also in Industrial shares_ continues to be the 'out:standing featuie -Of the financial situation, though investment stocks also keep wonderfully steady. The funaness of the gilt-edged group in the more remarkable in view of the quite unexpected announcement last Friday of the impending issue of a Commonwealth of Australia Loan for £8,000,000 in 5 per cents. at 98. At the time of writing the result of the . issue is not known.