By courtesy Swan, Culberteon & F
Shanghai, Dee. 9.
After continued irregularity over the week-end amid the smallest volume of trading for many months Chinese—the total turnovers for Saturday and Monday totalled only' 1,810,000 shares—stocks staged Tuesday the best rally since Nov-tember 16." Encouragingly enough activity Increased as. prices "rose fand the 2,000,000 share mark was [surpassed for the first time in over two weeks, After a slight reaction inthe industrials on 'Wednesday, the advance was resumed on 'Thurs day and when trading closed that day both industrials and rails were Jat. their highest levels since " the fending of the secomiary reaction [October There were no outstand: Ing' developments that "would ac-Jcount for the rally and it appeared
news items which in. the ajerexate to & combination of favourable feaused. greater confidence Future, "Business reports were more Jencouraging, however, and. the! market appeared to bs ina very' [strong technical position with Tiquidation of any kind overhanging it'10 that the line of least resistance! was at Toast temporarily upwards.
The Stock Exchange:—A rather more confident tone recently has An Exciting "Week! on Local Market Because prevailed on the London Stock Ex-of Rumours change markets, but in spite of some improvement in business. on By courtesy
Text read from the printed page and cleaned; old type leaves the occasional error.