Financial Notes
IRREGULAR MARKETS.
THE Stock Markets continue to present a rather mixed appearanee, the influences operating being of a rather complex and complicated character. Notwithstanding the general strength of the position, high-class investment stocks are quieter in view of the uncertainty with regard to the monetary outlook in the United States and elsewhere, while already we are getting reminders in the forthcoming conferences of the various political parties of the important issues which will be before the electors next year. Home Railways, too, continue to be a thoroughly depressed market, prices having suffered a further decline during the past ten days. On the other hand, the activity of the public both in the matter of absorbing new capital issues and in acquiring industrial and other shares promising any hope of capital appreciation, is as pronounced as ever, a feature during the past week having been the jump in Mond Nickel shares, so that the 10s. shares now stand at something like £6 12s. 6d. per share, having come up from about the equivalent of 36s. during the present year. Marconi Wireless and some of the Cable stocks have also been an active and strong feature during the week.
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