14 FEBRUARY 1931, Page 44

Financial Notes

IRREGULAR MARKETS.

Ax irregular tendency has characterized the Stock Markets during the past week. Among trustee stocks a feature, of course, has been the heavy slump in Australian Loans, to which special reference is made elsewhere. British Govern- ment and kindred stocks have been fairly good without much business passing, and the investment appetite has been tested once again by flotations of new Loans which have met with a good response. Home Railway stocks have been under the de- pressing influence of poor traffics and nervousness concerning the dividend announcements, to say nothing of the wages problem. On the other hand, some of the Speculative Markets have been more cheerful than of late owing to a revival of activity and strength in Wall Street, which has reacted upon American specialities here. The Paris Bourse has also given a little support to some of its Mining shares.