28 MARCH 1931, Page 42

Financial Notes

BUSINESS QUIETER.

THE Stock Markets during the past week have been more or less under the influence of the approaching Easter holidays and also of Budget uncertainties. The result has been a restriction of dealings, while in most sections of the House prices have tended to react. Home Rails have been among the weak spots, being affected by nervousness with regard to the general labour situation both in the coal and railway industries. Moreover, hanging over all markets is the uncertainty with regard to domestic political developments, and it says something for the fairly sound technical position of most departments of the Stock Exchange• that prices should be as well held as they are. Even the mining section has suffered a little from realizations, but on the whole the tendency in that market remains firm. In the Foreign Market, Brazils have been adversely affected by the con- tinued fall in the exchange, while, on the other hand, Argentine stocks have been one of the firmest markets, being aided by the upward tendency in the quotations for Argentine currency.