4 APRIL 1931, Page 36

Financial Notes CONFLICT ING INFLUENCES.

TILE factors operating on the Stock Markets for the days immediately preceding the Easter holidays have been of a rather mixed character. The disquieting news from India and the disturbing financial developments in Australia have exerted an influence upon all departments of the Stock Ex- change, and the outstanding feature, of course, has been the flatness of Australian stocks. On the other hand, Home Rails have displayed a rather steadier tone owing to the acceptance by the three classes of wage-earners of the terms of the award given a few weeks ago. In the speculative markets; too, Mining shares, although reacting a little, have shown afairly firm undertone. The Shipping group has been somewhat depressed by the passing of the Cunard dividend.