22 NOVEMBER 1957, page 66

Company Notes

By CUSTOS THE reduction in the American bank rates had more lasting effect on the zt . London stock markets than on Wall Street. After the initial resPonse, when the industrial......

3 Per Cent And 7 Per Cent

By NICHOLAS DAVENPORT WHY are bankers so. myopic? The lowering of discount rates from 31 per cent. to 3 per cent. by five Federal Reserve banks, including New York, comes much......