23 MAY 1931, Page 34

GOVERNMENT STOCKS RISE.—OTHER MARKETS DULL.

The story of the stock markets during the past week can be told in a few words. To the accompaniment of cheap money and conversion rumours British Funds have advanced generally and sharply, and I deal in a separate article with the upward tendency in these stocks. Elsewhere the tone has been dull throughout, and in places decidedly depressed. Further liquidation from Wall Street has occasioned a continued decline in American securities, while Home Indus- trials, including Imperial Chemicals, have been a weak market. Speculative descriptions have shared in the general depression. though a recovery in the price of Tin has occasioned some

rally in the shares of Tin Mining companies. A. W. K.