2 AUGUST 1935, Page 36

Financial Notes

HOLIDAY MARKETS.

ifoLIDAv influences are now dominating the Stock Markets, though it is possible that the restriction of business in public seeurities is also due to anxiety with regard to international politics. During the last two years we have seen a good deal of activity on the Stock Exchange during the month of August, but, unless events in Europe should take a more favourable course, I cannot. help thinking that those who have been realizing profits during the last few weeks will be disinclined to begin operations again until the autumn, when there will have been time for more decisive develop- ments in the political situation. During the paSt week prices have moved with considerable irregularity; but high- class investment stocks have been well maintained.