Financial Notes
DEPRESSING INFLUENCES.
THE stock markets during the past week have been com- pletely dominated by anxiety concerning the King's illness and the great slump in New York. The former influence has chiefly affected British Funds, and other high-class Home securities, while the slump in Wall Street has affected industrial and speculative descriptions, more especially, of course, those dealt in on New York account. At the same time, as men- tioned elsewhere, not only is the reaction in Wall Street regarded as one making for healthier conditions generally, but, thanks to the caution displayed on this side of the Atlantic; it may be doubted whether the losses sustained by investors and speculators here have been at all severe or have extended over a wide area. It must be remembered also that we are at a period of the year when there is usually a slackening of business, with a tendency in many directions to effect realizations in view of forthcoming annual balance sheets.
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