Financial Notes MOST MARKETS WEAK.
DEPRESSION has been writ large over the Stock Exchange during the past week, and although British Government stocks have been among the firmest spots, the fact remains that the shadow of the Budget and the oppression of high national expenditure continue to be the main factors operating on markets through an increasing lack of confidence. Securities connected with Home industries have been particularly de- pressed, the outstanding feature being the further heavy fall in Home Railways, some of which have established fresh low records during the week. In the Foreign market the flatness of Brazil Bonds has been a feature, some apprehension ap- parently being felt with regard to recommendations which have to be made for getting the country back on a sound financial basis. Scrips of new issues of capital have also been depressed, and, indeed, one of the many influences adversely affecting markets is the mass of undigested stocks which is held by underwriters. During the week a fresh low record has been established in the price of Rubber.
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