18 OCTOBER 1957, page 31

Company Notes

By CUSTOS THE gilt-edged market was cheered this week by the decision of the Government to make no conversion offer to holders of the 21 per cent. Funding stock (£503 million)......

The American Recession By Nicholas Davenport

is, of course, very different, but there are sicken- ing similarities. The great depression began with the crashing of a speculative boom in the security markets. There has been......