17 JULY 1959, page 34

The Long—term Rate For Capital

By NICHOLAS DAVENPORT WHY is the long-term rate of interest so high? Is it doing any harm? If so, why cannot it be reduced? I have constantly asked these questions and the......

Company Notes

I N his statement a year ago the chairman, Mr. W. H. Gatty Saunt, warned share- holders of Amalgamated Roadstone Cor- poration to expect lower profits for the ensuing year. The......

Investment Notes

By CUSTOS HE optimists should not be too over- joyed by the Financial Times index of industrial equities making new highs. It contains two shares which have been soaring lately......