16 AUGUST 1930, Page 32

Financial Notes


THERE is little change to note in the general tendency of the stock markets. Business is slack, as is usual at this period of the year, but owing to the continued cheapness of money and the low rates allowed on Bankers' Deposits, the gilt-edged market keeps exceedingly firm, the strength of the 5 per cent. War Loan and the 5 per cent. Conversion issue being out- standing features. There has also been some further im- provement in the scrips of some of the foreign loans, and in particular the San Paulo Coffee Realization scrip, which fell tb 6 discount, has recovered to about 31 discount.

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