Financial Notes
A GRADUAL RECOVERY.
ALTHOUGH the Stock Markets are now gradually recovering tone with greater steadiness in prices, they are still feeling the effect of the severe liquidation of the last few weeks. Moreover, markets are still affected by such influences as the disturbed state of international politics, the feverish condition of the Foreign Exchanges, while as noted more Lilly elsewhere Budget anticipations are not too favourable, (Continued on page 456.) --4-"`" • -Financial"-Notes .
(Continued from page 454.)
•
• „ • • • . sotliat it Ivould not -be, sumishig if' dealings so seeurities *ere to continue- to be- restricted pending the disclosure of the,: Budget. Meanwhile, however, prices are showing eon- Vdersible steadiness and given a. continuance of cheap. money and a balanced Boiftevic:‘,Clild- not be stirtirjthg to see some recovery in highAsSiOttitestment -stocks within the 'next
few months.
Previous page
