20 NOVEMBER 1926, Page 49

Financial Notes

COAL SITUATION AND MARKETS.

THE connexion between cause and effect in the matter of 'recent price movements of Stock Exchange Securities during the past fortnight has been unusually clear. The improvement has been most marked in British Funds and kindred Stocks, Home Railways, Coal, Iron, Steel Shares, and certain incis- triaLs ; while, on the other hand, the weakest markets have been some mining and other speculative descriptions largely 'dealt in on the Paris Bourse. For the improvement in high- class investment stocks more hopeful feelings with regard, to the monetary outlook have been mainly responsible, though, of course, British Funds have also been affected by hopes ,of some relief to the Exchequer, following upon a settlement of the coal dispute.

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