13 AUGUST 1932, Page 28

Financial Notes

Burma FUNDS DECLINE.

THE conspicuous feature of the Stock Markets" during the past week has been the almost complete reversal of recent market tendencies. British Funds and kindred stocks, which were booming a fortnight ago, have steadily declined on profit.. taking, while, on the other hand, Transatlantic shares have suddenly developed extreme buoyancy and the movement has even had the effect of stimulating some activity in the stocks and shares of Railway and other industrial concerns in this country. The purely speculative markets, too, have been active and firm, with substantial gains in the shares of oil companies and Mining concerns. Foreign Government stocks have been comparatively neglected.