Financial Notes
HQPIEFUL . MARKETS.
SINCE the writing of these Notes a week ago, there has been a further material rise in British Government securities, but some part of the movement was subsequently lost ; the activity was checked by a recognition of the number of complex problems awaiting discussion in Parliament ; while the fact that it is a twenty-one day account` on the Stock Exchange counts as an adverse factor, for dealers have almost a super- stition with regard to the ill-fortune which is supposed to attend a " long " account. Moreover, conditions in Wall Street have been of a variable character, and as the date for the Presidential Election approaches there is evidently a feeling of nervousness on the part of dealers which restrains speculative commitments.. Generally speaking, Home Indus- trials have been good, and in sympathy with the rise in all trustee stocks some of the prior charges of English Railways have -advanced: In the Speculative markets the steady rise• in the better-class Gold shares continues to be marked.
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