15 AUGUST 1925, Page 27

INFLUENCES OPERATING.

From the foregoing it will be seen that, with the one excel). tion of Rubber shares, almost every section of the Stock Exchange has exhibited a considerable improvement during the brief period in review. In some cases, of course, and more especially as regards Investment Stocks, there has been the exceptional factor of the lower Bank Rate to which reference is made elsewhere, while the averting of the coal stoppage no doubt occasioned the covering of some " bear " positions, and consequently the recovery in market values. In some other directions, however, such, for example, as the Textile group, thire has been a growing speculative interest for some time past and; so far as may be judged, the actual results in some of the induifries are very satisfactory.