Early in the past week the who ness been at a low ebb, prices market drifted in an idle mann being mostly influenced by' small advices that the grain futures a chance orders. The actual turnover Iministration was -about to investi-iwas very, small. The favourable Reichsbank return was. the only gate wheat market operations from june 15 to July 31 aroused fears stimulating influence of the whole of new stringent Government re-week, but even that was not enough gulations. A" substantial - advance to counteract the deadening effect developed in the middle of the of the uncertainty at New You and pothengest shout President Roos-week, with inflation talk and the known attitude of the Government lig lowe of the week was dul evelt's national economic campaign in favour of higher commodity prices working as stimulating factors. are the quotations of The Canadian crop report con~ the leading German values as on firmed the reports of severe damage August 7 and 11 respectively. to the crop of wheat in the dominion Avg. 7 11 but, while the United States official report indicated the smallest 11950 yield for the past. thirty-five 36680 Shown. compared with last 8525 an increase of 4,000,000 bushels was Foreign Exchanges: There has
and fluctuations in rates, although! this week frequent, have been narrower, Chinese and Japanese rates are quietly steady.
The Money Market: Partly owing to stock exchange requirements and holiday demands, supplies of credit Jat_ the present time are. less plentiful.
The Discounts Market: Rates are
Text read from the printed page and cleaned; old type leaves the occasional error.