Arrangements, we understand, have been made for the financing of the greater part of the June Settlement of the Stock Exchange which is fixed for the 25th instant. Negotiations were progress during last week, and itis generally stated that except in the case of the smaller transactions which have still to be dealt with, the necessary financial measures have Been successively fixed.
At present it is impossible to state the amount of the settlement, reports varying so much. It will be remembered that after the carry-over in March the public started buying with hardly decreased vigour, but gradually—the market quietened until some weeks showed very little business. But even so, the settlement is bound to be very large.
It is reported that a number of speculators made considerable pro-Japanese yarn, and that they have fits locally out of the slump
come to the assistance in carrying forward transaction to next settlement.
Text read from the printed page and cleaned; old type leaves the occasional error.