22 JANUARY 1927, Page 34

Financial Notes

RISE IN INVESTMENT STOCKS.

REFERENCE is made elsewhere to the hopes entertained in the Money Market of an early reduction in the Bank Rate, and just as these hopes have been responsible for optimism with regard to the trade outlook, so they have had an even greater effect upon the course of security movements and especially of high-class investments. These have advanced appreciably, so much so indeed that it looks as if the effect of a lower Bank Rate were being too fully discounted in advance.