Financial Notes
QUIET MARKETS.
THE final fortnightly settlement of the year was concluded on the Stock Exchange without the disclosure of any difficulties. The commencement of the account was attended by a fresh outburst of selling from Wall Street, and this for a time accentuated the general conditions of depression in markets. Just, however, when things seemed to at their worst there came one of those sudden rallies in New York, and the response given here was certainly confirnmtory of the idea referred to elsewhere of the effect produced on the situation at the present time by conditions in America. Most of the speculative markets steadied a little, but gilt-edged securities weakened slightly owing to somewhat dearer money rates consequent upon fairly heavy gold withdrawals front the Bank of England for France and Germany.
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