12 JANUARY 1962, page 22

Investment Notes

By CUSTOS T T was thrilling to read in a broker's New Year 'review that 'a new bull market has begun'— until we found that the rise would be very gentle (hardly noticeable?) and......

The Pause And Bank Rate

By NICHOLAS DAVENPORT As Mr. Lloyd's `pay' neurosis gets worse the symptoms of it will be seen in greater de- grees of irrational behaviour. Here is the latest example. The pay......