Financial Notes
MONETARY UNCERTAINTIES.
ALTHOUGH apprehensions of a rise in the Bank Rate are becoming almost • chronic, it might almost be said that the market is becoming used to, if' not actually thriving on, uncertainties. At all events, having regard to the period of the year, the unfavourable Exchanges, and the drift of gold abroad, prices on the Stock Exchange keep wonderfully firm. The fact is that there is undoubtedly an almost world- wide disposition on the part of the public to operate on the ! various Stock Exchanges and Bourses; - and even on the Paris Bourse there seems latterly.tO.have Sprung up a sufficient amount of activity p raise the, general range of money rates. As a result, we- have the rather extraordinary position of prices being maintained, and in many cases even advancing, notwithstanding many adverse factors, Quite a feature during the past week has been the activity • and further advance in EngliSh railway stocks, to the possibility of which attention was drawniri these colinians some weeks ago,
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