25 FEBRUARY 1938, page 42

Finance And Investment

WITHOUT daring to be confident, I feel moderately hopeful that stock markets are moving into a recovery phase. After being led up the Berchtesgaden path speculators somehow......

* * * * Britain's Balance Of Payments

The huge rise in last year's imports already made apparent in the monthly figures had prepared the City for an adverse balance of payments and I see no cause for alarm now that......

Cable Combine Prospects

The steady recovery in Cable & Wireless ordinary stock, which has been held in face of dull markets and a disap- pointing January traffic, looks significant. At £67 -the stock......

Home Railway Position

We still need the full accounts of the London and North Eastern to complete the home railway story, but the L.N.E.R.'s preliminary figures look very good. To pay 1 per cent. on......