London, June 7.
Stock Exchange: Apart' from the continued strength and activity of gold mining shares very quiet conditions have prevailed on the London Stock Exchange during the past Week, British gilt-edged securities firmed up following the British Government's action regarding the American debt, but have since reaetfed in the absence of any fresh business. Foreign securities have been Uncertain, Germans fluctuating freely while Japanese funds have been steady. German bonds improved today on a revival of demand, which in revealed a shortage of stock available.
The industrial section has again been very quiet in view of the prevailing apathy on Wall Street. "ON shares firmed up on the increased "shell" profits, but on the whole have been quiet. Rubbers were inactive, Foreign Exchanges: In spite of action "on the part of the British Control fund, sterling weakened in terms of the frane and the dollar owing, to heavy buying of the latter however, the rate recovered somewhat on American control selling dollars, Reichsmarks weakened sharply yesterday and today on evaluation fears. "However, a considerable recovery was witnessed late to-day owing to a large Russian order which caused bear covering. Chinese exchange has been unsettled, following silver, while Japanese rates have been steady.
Money Market: Conditions have been more comfortable on the money market during the past week.
Discounts Market: Steady—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.