FINANCIAL NOTES
MOST MARKETS FIRM.
UP to the present the conditions on the Stock Exchange continue to belie the reputation of August being an idle month. Dealings have been fairly active and, for the most part, the tone has been firm, the outstanding features being the further improvement in British Funds and kindred securities, a good deal of activity in Home Industrial shares and a continuation of the revival of activity in South African Mining shares. In the Foreign Market Far Eastern stocks have naturally been dull on the fighting between Japanese and Chinese troops in China. Nevertheless, it would seem that there are those who do not take too gloomy a view of the situation even in the Far East, inasmuch as pourparlers have evidently been proceeding for an international loan to China at some date in the future, the loan being required for railway and other developments.
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