The Archive · 1920

The June Settlement

Outlook More Promising

About a fortnight ago we mentioned that it was believed that the Tune settlement of the Stock Exchange had been practically settled. At the time the general opin jon was that this was correct, but since that date it is understood that negotiations have not proceeded so smoothly as had been anticipated. During last week some were inclined to take a very gloomy view of the situation, but it is satisfactory to know that the tone of the Exchange last Saturday was decidedly better and that there is more Possibility of the business being settled up.

Besides the fall in the price of cotton shares since Marck, another factor has to be considered. Some of those who are interested in the June settlement have also been hit by the fall in the tael exchange in

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account