The Archive · 1933

SHANGHAT MARKET

Shanghai, Spot ox-milt hens} No, 1, Spot ex-mili Shenal Ordinan Spe Shantung "American 'Tients rough, 8 'Tone' of the' market'—Stendy, World market prices during the week have advanced sharply. in Sympathy with the advance of silver na the uncertain development of United States currency which eaus-oda much better undertone on all commodity. markets, No quotations jean be obtained from the United States but it is_ anticipated soon as the Chicago Board of Trade reopens, the opening prices will be much higher than fast quoations. "The Canadian dollar simi lently, Canadian pri higher. The situation Australia remains firm as farmers are still reports. from indicate also. higher local market has been very a joed and no business what soever has been reported, Importers continue to take a "reserved attitude and prefer to abstain from doing business. At the same time, inquiries in the expected that situation clears. up be done.

The local flour market steady undertone, a good demand continues, and prices Have advanced several cents per Arrivals of wheat continue in Inrge quantities and it taken without delay by the mills.

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

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