3 NOVEMBER 1928, Page 106

MOND NICKEI, RUMOURS.

Not merely the delay in issuing an Official statement with, regard to the anticipated merger between the Mond Nickel Company and the International Company with the Canadian Company, but the premature reports circulated a fortnight ago of the actual details of the merger, have had a depressing effect upon Mond Nickel shares during the past week. At the time the reports referred to were • circulated the effect was to push the shares up to over £8, but they have now reacted to about 16f. All the same, it is clear that important negotiations have been going on, and it may be doubted whether the speculative activity in the - Shares is by any means at an end.