By courtesy S, D. Wang & Ca. speculative activity curbed £2 mid-week setbacks the Chinese Gov. Although it suffered from a mile: ihe French politi disturbance:, even clearer manifestations in the form of bigger gains. On both days, the, markets, throughout the past
jing. Nevertheless a fairly ood un-ok have bein somewhat onintereat Jderione was maintained, and British it-edged. securities "benefited Investment buying due to "safety!
Foreign bond issues were uncertain and irregular. French loans, however, recovered. from an early weakness, Chinese and Japanese issues ruled quiet.
Industrial issues were quiet, and fresh business continued to be restricted. The activity in gold minings quietened down considerably, hile all shares fluctuated with Wal [Street, Rubber shares were generally quietly steady.
Foreign Exchanges: After nervousness, with. violent fluctuations, conditions in the market are at pret sent more normal on a more hopeful eeling with regard to the French political outlook, and gold currencies st Week were not ruch changed, while U.S. dollars ruled a little firmer. Chinese and Japanese rates were quietly steady.
Money market: With supplies of edit imestly in. the hands sleering' banks, the market's aver, fable resources have continued fully unable ruled ernment Bond the five trading days comprising: the week ending February 10.
ig to the quietness that pre-wailed, fluctuations were small with only a few issues varying more than tone. point between their respective highest and lowest quotations. The inactivity of the market is generally attributed to the prospect of a nine-day adjournment for the China Ne Year commencing February 10, 1 prolonged recess discouraging most speraters from taking up new posi-It is the popular belief that the market will open strony after the New Year holidays, it. being' said however, there were seen a few {isolated dropt. but these were small in amount and fav between 0. that they aid not affect the general trend of the market.
Wednesday saw the market fi ling off slightly as anid reaction set in but the' recession movement Was not general as several jesues ose by nominal figures while others Yemained stationary. The reaction [was more in earnest on Thursday, comparatively speaking; neverthe-Tess little damage. was done when the losses amounted to an average of only one-fifth of a point.
Friday, the last day before the holidays, found the market stifenine as it climbed with venowed strength, that optimism always prevails dur. The ug the first days of the year. How The gains were only of small frac: tions for most. issues until' toward fever, "in view of he already high level attained, only' very unusual end when there was a. sudden strength could fores the market up corded, lutey an gains were Me. beyond aint ort.'
Total transactions for the five market, Thoogh. oon Wack opened with a st days amounted to. 59,410,000 while Hains recorded on the h he honor of maximum gain went Monday were by no means substan: ial, they were sufficiently consistent to reveal its firmness which was carried over to the next day with Tseve Open Migh Low:
Six Percent Consolidated which rose the markets" hvlated rev rot Following is a tapul veprot of Last Com close ston lone
Text read from the printed page and cleaned; old type leaves the occasional error.