11 JANUARY 1935, Page 32

Financial Notes

STOCK EXCHANGE ACTIVITY.

_IT will be gathered from the article the preceding column that the -Stock Markets lave been- fairly active and firm in tone during the past week. Home Railways reacted a little at one time on what was regarded as somewhat disappointing (Contiiwe4 on page 66.)

Financial Notes

(Continued from page 64.) traffic receipts for the last week of the old year, but the results for the entire year, so far as gross earnings, at all events, are concerned, were -very satisfactory and there has since been a slight recovery, though buying is restrained for the moment by the reports-of fresh wages demands on the part of the railway workers. There has been a further rise in the price of gold during the week and South African Gold shares have responded, though activity has, perhaps, been most pronounced in the market for Industrial shares where numer- ous gains have occurred.