The Archive · 1937

PARIS BOURSE

Paris, July 22.

The Bourse was slightly irregular yesterday. At the opening of the Session, stocks in all French counters were firm, owing -to -the rise in Rentes, but Internationals fluctuated slightly. thanks to the heaviness of foreign exchange. Later, French shares suffered somewhat through 2 considerable slowing down of trading. Rentes in the end showed a further gain over their quotations of the previous meeting—Havas.

Steel: Prices of virtually all pro-Guets reaffirmed for last quarter the seasonal lull in new business and the slowing down of operations. There are indications that the low-point of buying has been reached. Purchase of steel for the manufacture of automobiles is already under way. Serap prices were strong, reflecting the improved outlook due to the apparent scarcity.

Pigiron: The market was more active. Last quarter prices have not yet been announced.

Copper and Lead: Prices remained stable. There was a steady routine offtake.

Tin: The market ruled firmer. Tinplate prospects for the. remainder of the year are excellent, Buying was cautious.

Zinc: Quietened down after a risk fortnight, although the higher price is firmly established.

Antimony: A better demand for Chinese antimony stimulated fears that the Sino-Japanese situation may curtail shipments.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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