IMPENDING CAPITAL ISSUES.
There is little doubt that the next few weeks will see con- siderabla.activity in the matter of capital flotations. Not only did great success attend the recent flotation of the India Loan, but-most of the scrips of-recent -new -issues oFeapital which had temporarily fallen to a discount have now established satis- factory premiums. The Greet Loan is expected before the end Of the month and is likely to be favourably affected by the present strength of Foreign Stocks, while- at least two Ca- poration issues are on the stocks.' Industrial flotations are also likely to be fairly numerous and extensive. In particular, the market is taking an interest in the impending issue of capital in Debenhams, which, it is understood, will involve a large issue of two classes of Preference Shares'. In the case of these flotations of capital by large Stores the responie from customers alone is often sufficient to ensure an adequate response, but it is generally understood in the market that in the case of Debenham's issue, opportunity will also be afforded to the public to participate in the issue. * * * *
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