24 MARCH 1928, Page 40

Financial Notes

ACTIV.h. MARKETS.

CONTINUED cheerfulness has characterized the stock markets during the past week, an outstanding feature at one time being the jump in Wireless and. Cable stocks in consequence of the proposed fusion which is to take the form of a holding company. That Cable stocks should have risen more than Marconi's Wireless is scarcely surprising, having regard to the fact that they have fallen very considerably during the last year or two owing to apprehensions of wireless competition. In most other departments of the House the tone has been good and, while public interest has perhaps centred in the more

speculative descriptions, gilt-edged stocks have also been a rising market.

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