13 NOVEMBER 1926, Page 34

Financial Notes


OPTIMISM with regard to an early settlement of the coal dispute is offered as the main reason for the continued cheer- fulness of the Stock Markets. All the same, it is noticeable that activity is still restrained in the department for Industrial Securities and Home Rails, although it might be supposed that hopes of resumption of the coal output would have par- ticularly affected those securities. -For the most part, how- ever, it has been a case merely of steadiness and marking time, awaiting developments, while, on the other hand, British Funds and Gilt-edged Securities generally have been firm, and there has been a certain amount of activity in purely speculative markets, such as Oil and Rubber Shares and general Mining descriptions.