Financial Notes
DEPRESSED MARKETS.
THE. course of business and of prices in the Stock Markets continues to justify the note of caution which I sounded in these columns some few weeks ago. For the moment, at all events, the Stock Markets are completely dominated by politics, the more so, perhaps, .by reason of the fact that for too long the grave possibilities connected with the Abys- sinian–crisis were ignored. Even now there has been no, very active realisation of securities, in spite of the feeling of tension with regard to possible developments-during the next few weeks, but fresh business' has more or' less come
to a standstill and markets may be said to be marking time pending deVelopments. These conditions, however, usually synchronise with 'a sagging of prices owing to the sheer lack of support. British Funds have declined further during the past week and in most departments of the House the price movements' have been against holders.
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