Interest in the stock list was negligible in view of the uncertainty prevailing over the European situ: tion. Sugars were featured in an regularly poor market, with trading around the lightest levels recorded since last June. The demand for sugars paralleled the higher world market, which in turn is aided by the accumulation of sugar for war preparedness. Automobile industry news continued to be favourable, but, some hesitation was noticeable pending a better indication of the new car demand. A slight recovery from the day's lows was seen in the main list, but buying failed to attract new orders.
By Ccurtsey of S. E. Law & Ca.
The market on Friday tended to confirm the theory that domestic business- rather than the European tension was the cause of the Spring break. It will-be difficult to locate the buying sources to bring about an early marked advance, as most investment trusts are fully invested, whilst British statesmen: have depreciated the buying of foreign securities in view of the needed rearmament financing. Thus two of the biggest forces of the 1935/1937 boom
Text read from the printed page and cleaned; old type leaves the occasional error.