The Archive · 1929

London Stock Quotations

The following are yesterday's jons on the London Stock EX:

Nov. Ne Chinese Govt. Loans Reorg, Gold Loan 6% 1913.: £02 62 Gold Lean 43% 1895... down too but to. the same extent the" March/Apeil position tered a fall of Tls. 2.50 a bale. There forward month ae lets antipated been considerable bus for bai asactauly: shaw a: bendanase evel profit Cotton has declined more than a tael a pical for near months det!- With the political situation considerably improved in central churia, the stage is set for a revival of business and the next month or two should show vastly improved conditions as com: pared with those now pre Gold Loan 8% Shai Hengchow Messrs. J. Spunt & Ca. report dated Novem-Sine our last report our market, manifested' very little demand on the part of spinners, who being fairly well supplied for some months ahead have decided to adopt a waiting policy in the ex. pectation' of. availing themselves of further declines, and in which direction there is every likelihood realization taking place for near Ucliveries. The weakness in the raw material is attributable to the jeontinued depression - now being experienced in the yarn markets due to liquidation on the part of speculators, - and to, increasing arrivals from the Yangtze ports! evolving out of the more' peaceful ite of affairs in the central provinees as also to a fair quantity LATEST RUBBER QUOTATIONS, of hedge selling in the Cotton Goods Exchange. However fo ward deliveries appear to maintain' London New York S'pore comparatively subtle steady '28thinst. 28th inst. 29thinst. undertone in that the prevailing November December 3 closing "closing low rate of exchange precludes 264 Importations of the foreign fibre Jparticalarly of the better—grades Delt ' domestic growth are as yet avail-[as equivalent qualities of the stocks of raw silk purchased at very [tow prices during the summer ave practically exhausted so that the of new silk goods will have to ted to the higher levels, New lines of spring goods have been offered at lower prices than Inst year which would indicate that the mills are not expecting any radical change in the market, The turnover in piece goods and thrown silk -is restricted. As regards the futures market, buyers are hesitant at present,

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

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