FINANCIAL NOTES
THE RISE IN TIN.
As demonstrating the tendency of the public to turn its attention to speculative descriptions, the continued rise in tin shares may be cited. Imagination was, no doubt, stimu- lated some days ago when tin itself soared to over 1800, and during the past week a materially higher price has been quoted. The movement in tin has, indeed; been reminiscent of the boom in 1920 when the price for the metal at one time touched. £420 per ton. Whether the present price will be found to be justified remains to be seen, Nit there appears to be no indication at present of conditions making for a setback, the statistical position being fairly strong, while it is note- worthy that the rise has been attained during a period of extreme trade depression. Moreover, if experts are to be credited, the recent rise has been due in leaser degree than usual to purely speculative operations, and one of the reasons for the advance seems to be that which influenced rubber a year or so ago, namely, American purchasers having with- held from buying, anticipating- a' fall in the metal which has not taken place.
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