27 DECEMBER 1935, Page 30

Financial Notes

Cii ai STMAS MARKETS.

IT takes a good deal to subdue optimism in the Stock Markets about Christmas time. Some few days before Christmas arrives, all the necessary preparations for end of the year balance-sheets by financial institutions have been made and while business may slacken a little on the eve of Christmas festivities, there is usually a spirit of optimism in regard to the outlook for the New Year. In the closing days of last week, Markets were overshadowed for a time . by the political crisis, but on Friday, there was a fairly general recovery, and the market apparently gave more attention to the majority secured by the Government at the end of the memorable debate on Thursday than to the character of the debate itself and the many difficult problems concerning foreign politics which lie ahead.