London, Nov. 23.
The outstanding feature of the day on ihe Stock Exchange today was provided by home rails, which advanced on the announcement of a meeting between the chairmen of the main lines and the Minister of Transport, Mr. Edward Burgin, from which it is hoped that there will be an' amelioration of the deteriorating traffic position. Otherwise, quiet conditions reveiled, though coppers hardened in sympathy with the commodity on news that unrestricted production of copper is ceasing at the end of the year—Reuter.
Nov. 22
War Loan 344% (Red. £99j It was reported speculators bought and sold. Business was moderate.
Market steady. After the official fixing.the market was quietly steady, with American trade being small buyers at the fixed rate, The local exchange market opened with sellers to merchants at 8% sterling and 16.- USS.
The Interbank market was exceedingly quiet, and fluctuations were within narrow limits, At the opening there were sellers for November at 8% sterling and 16- U: S$ but buyers. As usual sellers had to tempt buyers, and at 8/; sterling and 16yr USS. buyers were attracted, but offerings were not sufficient to supply all the demand at these rates, Ultimately the market relapsed and closed with sellers at the opening rates of:
8% sterling—16- USS Nov. 8H 1540 Dec. 8%. 158] Jan.
Text read from the printed page and cleaned; old type leaves the occasional error.