FINANCIAL NOTES
DULL MARRETS.
THE closing days of July are seldom very, brisk as regards Stock Exchange business, and with a coal stoppage threatened, to say nothing of other possible complications, it is scarcely surprising that business on the Stock Exchange during the week should have been slack, and that prices should have been dull. It is probable, indeed, that the dullness would have been even More pronounced but for the fact that the monetary situation has been helped by still further large gold arrivals, so that the total received since we returned to the Gold Standard now amounts to about 18,000,000. The speculative markets have also been affected to some extent by realisa- tions, and the rubber market in particular by a somewhat wavering note in the Colonial Secretary's statements with regard to the policy of restriction. Very little sympathy, however, is felt with regard to the American proteStS, for most of the American manufacturers have no one but themselves to thank for having been caught short of the commodity. The American, however, does not like to be caught short of anything, and has for so long been accustomed to get his own way that he brooks opposition somewhat hardly.
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