15 OCTOBER 1932, page 54

New Capital Issues.

• As anticipated, the partial removal of the embargo on new issues of capital has not been followed by any rush of Undesirable issues. On the contrary, the flotation which took......

Savings In Debt Service.

• The figures on the Expenditure side of the Balance Sheet arc also encouraging so far. The Chancellor estimated for a saving of about £13,500,000 on the interest on the......

Rise In Customs Receipts.

As against the actual and prospective decline in Income and Sur-tax revenue has, however,, to., be set the great advance under the head of Customs and Excise. Under the head of......

The Banes Bv - Laws.

I find that in the reference in this column a fortnight ago to the revision of the Bank of England's By-laws, the impression given regarding the alteration in the remuneration......

Budget Prospects.

I suggest that there are two reasons for believing that a balanced Budget, with the prospect of some relief in direct taxation, may have its influence even upon the industrial......

Excnoacmnng On .3eserves.. . Moreover, To Any Thoughtful...

is another aspect of a 5s. Income Tax which is .gravelyAlisquieting. Quite apart from the actual. :strain and burden :of the tax so far. as present conditions' arc......

Financial Notes

A SPECTACULAR SUCCESS. EVeri in these days - Of 'spectnenlar'sticeesses issues the success which attended the Government's offer of 2 per cent.-Treasiiry Bonds must be regarded......

Conversion Successes.

It is still too early to judge as to the final outcome of the National Accounts at the end of next March, especially having regard to the probable resumption in December of our......