24 AUGUST 1934, Page 30

Financial Notes

HOLIDAY MARKETS.

ALTHOUGH the tone of most departments of the Stock Ex. change keeps fairly good, markets are now suffering from great restriction of business due to the fact that we are at the height of the holiday season. Even British Funds and other gilt-edged securities occasionally droop a little owing

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to the absence of business, but cheap money prevents any thing approaching to a real set-back, and there is a good deal of bargain-hunting going on in the Industrial section, though the high prices of many of the well-known shares are in. creasing the difficulty of discovering suitable purchases. One of the features of the past week has been the establishment of a high record price in the case of Woolworth's Ordinary Shares, the 5s. shares having risen to over 110s. The Mining Market has been quieter, but the undertone keeps firm.