Financial Notes
WAITING ON ABYSSINIA.
THE Stock .Markets during the past week have been com- pletely dominated by the Abyssinian crisis, and while realisations of securities by real holders and speculative selling have probably been on a small scale, business luis been greatly restricted with a drooping tendency in prices. AlmoSt every day the newspapers speak—and speak quite correctly
of a firm undertone which really means that while on the one hand political anxieties check fresh business, uninvested resources of capital are accumulating and the investor is oppressed by fears lest on any clearing up of the war-clouds prices of securities should go up with such rapidity as to prevent sound investment stocks being acquired at a level giving a decent return in income.
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