27 SEPTEMBER 1930, Page 32

A BRIGHT SPOT.

In contrast to the depression affecting many markets, and by way, perhaps, of evidence of there being a considerable volume of resources awaiting investment, marked success attended the flotation at the beginning of the week of the issue of General. Electric 5 per cent. Debenture Stock offered at 98. The issue, which was largely in the nature of a' conversion operation, was for £8,500,000, and was considerably over- subscribed within a few hours.