Financial Notes
RALLY IN RUBBER SHARES.
THE tone of the Stock Markets during the past week has been rather uncertain in not a few directions. Prices have shown a disposition to advance, but contending circumstances have damped . the movement. High-class investment stocks, for example. opened strong with a further pronounced rise in the 5 per cent. War Loan. Later, however, the poor success of the Commonwealth Loan for 17,000,000-the underwriters took 75 per cent.-had a damping effect, while later in the week came news of a Palestine Loan for £4,475,000 in 5 per cents. at par with principal and interest guaranteed by the British Government. In the Industrial Market fresh buying and realizations have been pretty evenly distributed, but in the Textile group there has been decided strength in Courtaulds, while a feature has been the sharp rise in Brazilian Traction. Even more striking among the speculative markets has been the rally in Rubber shares.
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