Financial Notes
INVESTMENTS FIRM.
WITHOUT any great increase in the volume of business, the general tone of the Stock Markets has been distinctly firmer during the past week. For this several causes have been responsible. In some quarters there has been a disposition to attribute the greater feeling of cheerfulness to the influence of the Bankers' Manifesto, to which I refer in the article above. Possibly the slight improvement in Home Railway Stocks, in the shares of Iron and Steel Companies, and in some of the shares of Motor Companies may be due to that influence, but as regards high class investment Stocks, such as British Funds and Home Corporations, which have really been the feature of strength for the past fortnight, the continuance of monetary ease must he regarded as the chief factor. Transatlantic Industrial shares continue to be one of the dullest spots in Markets, conditions in Wall Street being still very unsettled.
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