22 FEBRUARY 1935, Page 45

Financial Notes

STEADIER MARKETS.

Tax past week has witnessed steadier Conditions in the Stock Markets with a recovery in prices in most departments. Nevertheless the recent severe shake-out, both in Gilt-Edged and speculative descriptions, has left behind a feeling of cau- tion. I deal elleWhere with the Position of the market Air. British Funds and kindred stocks, but as regards the more speculative departmenta . it looks as though there might be some delay in a return of full activity. One exception, how- ever, has to be made, namely of American railroad and, indus- trial securities in which sudden activity has sprung up as a result of the decision of the Supreme Court in the United States with regard to the Gold Clause. ,

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