Brokerage opinion on the Stock Exchange continued to be mixed, with most traders operating; cautiously. Anticipations of heavy Government orders were still a factor of strength for aircrafts, The softness of copper prices abroad, the decline of scrap and fears of a fall in the domestic price of copper brought about selling in coppers. However, business news continues to be favourable, including estimates of retail Christmas sales, which are pointing to a new high in ten years, and favourable year-end dividend actions. Unfavourable factors today included: renewed pressure On sterling and the less favourable international political situation.
Text read from the printed page and cleaned; old type leaves the occasional error.