20 AUGUST 1932, Page 26

CAPITAL AWAITING EMPLOYMENT.

Moreover, as is very well pointed out in the latest Quarterly Review of Business Conditions, issued by Messrs. J. Henry Schroder and Company, there are many signs of stores of unused capital seeking investment. Many, it is urged in this Review, " have, owing to general lack of confidence, sold securities and refrained from investing the proceeds ; and these things have been happening on a much greater scale abroad, for both in America and on the Continent thousands of people have been selling securities and hiding the money away in safe deposits or turning it into gold bars with the primitive hoarder's craving for a bit of metal to gloat over."