By courtesy Swan, Culbertion & Fritz Shanghai, Dec. 2.
General: The maintenance of the gold prize at $28.76 for the sixth successive day and-a. stronger dollar with an apparent. trend to-ion combined Monday to bring. about the sharp-fest reaction of the month in stock prices. Commodity quotations also weakened, silver especially, though neither in stocks. nor commodities twas there any evidence of wider spread liquidation. Rises. in' the gold price on both Tuesday" and: Wernesday indicated, however, that the Administration proposed to ad-Ihere to its present monetary policy. despite the "refinancing which it must conduct on December 15. "This engendered a somewhat better feel-jing on the various exchanges and though quotations moved irregularly the undertone became: more firm.
The Market in Figures D. J. Average for gh 237 Change Industrials 98.59 98.14 of 45 Average for.
20'Tiails 3880 38.18 of 71 D, J. Average for '20 "Utilities 28.07 23.65 up 58 J. Average for sO" Bandy "869 80.18 ride 49.28 4853 of 72
Text read from the printed page and cleaned; old type leaves the occasional error.