London, Feb. 20.
The upward trend of prices witnessed on the London Stock Exchange today was atributed in some quarters to Buying by late holders of American securities.
Industrials especially were in demand, and some substantial gains were recorded. Babcock and Wilcox strengthened from 46/3 to 48/3, whilst. Leyland Motors rose from 70/- to 72/6.
British gilt-edged securities gained ground, while oiis, coppers, diamonds and certain Kaffirs attracted interest.
Rubber shares were not affected by the maintenance of the export [quota of the commodity at 80 per cent,—Reuter.
Feb. 19 20 War Loan, 344% (Red.) 298} EJ
Text read from the printed page and cleaned; old type leaves the occasional error.