21 JULY 1928, Page 48

Financial Notes

QUIET MARKETS.

TEE Stock Markets are showing some signs of lassitude 'as the apex of the holiday season approaches, while the specu- lative markets are still disturbed by the recent upheaval in Wall Street, and the rise in the New York Federal Reserve Rate. On the other hand, gilt-edged securities keep steady to firm on the further inflow of gold from abroad, while, during the last few days, a slightly better tone has been apparent in the English Railway Market.

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