12 NOVEMBER 1927, Page 55

Financial -Notes*

INTERESTING MAREETS.

AFTER a'brief reaction-, to which I referred a week ago in the cOlumns, the Stock Markets during the past week have shown a more cheerful tendency with some revival in speculatiVe activities. The industrial group has shown firmness in many directions and high-class investment stocks have also been Will maintained, notwithstanding steady money rates. NOC the least interesting feature in markets, however, has been the rise in the shares of iron and steel companies, and, in particular, Vickers and Arinatrorig securities show a general rise in connexion with the proposed agreement between the two companies, to which further reference is made below,