12 AUGUST 1922, page 12

Finance—public And Private.

FIRM MARKETS. CONFERENCE UNCERTAINTIES—WILL ACTIVE TRADE MAKE STOCKS DECLINE i—HOME RAILWAY YIELDS—SPECULATIVE MARKETS BETTER. [To THE EDITOR 07 THE " SPECTATOR."]......

Letters To The Editor,.

[Letters of the length of on3 of our leading paragraphs are often more read, and therefore more effective, than those which fill treble the space.] SCHOOL TEACHERS' FIVE PER......