18 AUGUST 1928, Page 30

INVESTMENT STOCKS STEADY.

Meanwhile, British Funds and kindred stocks keep absolutely firm and in the main the explanation is no doubt to be found in the great extent of the genuine investment demand and also in the fact that while, possibly, foreign demands for gold have to be taken into consideration the fact remains that we start the autumn in a fairly strong position in the matter of supplies. Most of the bar gold which was available in the market this week was bought up for the Continent, but on the other hand the Bank received 400,000 sovereigns from South Africa and the chances favour further considerable arrivals from the same quarter.