FINANCIAL NOTES.
Rightly or wrongly, as will have been demonstrated before this note appears in print, the City has taken the view during the past week that a Conservative victory was probable. Hence, while a. recognition of the grave issues to be determined has tended to restrict dealings in some directions, the general tone has been one of quiet confidence with marked firmness in British Funds and kindred securities. In some directions, where prices have risen materially, there has been a disposition to secure profits previous to the Election, and in German scrip, in particular, a moderate reaction has occurred. Nor in the event of market -expectations of the defeat of Labour being realized is it improbable that profit-taking on the part of those who have bought in advance of the event may occasion some reaction. The City, however, inclines to the belief that if the Election results in the establish- ment of what by general consent is regarded as a strong and stable Government, a turn in the tide will have come, and hopes of greater trade prosperity will be found
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