The Archive · 1934

LONDON STOCKS

Stock Exchange: With uncertainty lover the European situation removed, Jearly inactivity in the market has been followed by good improvement, Jand despite holiday influences, all markets are at present very firm.

Giltedgeds, after reaction early in the week, have shown a smart recovery on a revival of investment Jdemand. Indian loans have also strengthened but foreign funds _generally remained very quiet. German loans are still somewhat unsettled but firmed up to-cay on a more reassure ing, political situation, Chinese and Japanese Wwnds were jon the whole quietly stead Among other section industrials have recently been supported, there having been encouragement' from better Wall Street advices. Gold mining issues have been well sustained Jand oil and rubber shares quietly steady.

Foreign Exchanges: The market has ween inactive and featureless apart from some fluctuations in the Reichsmark, owing to uncertainty regarding. the political situation on the Continent." Chinese exchanges improved with silver and Japanese were' steady, Money Market: Supplies have been Jmore than sufficient for moderate ¢n-

Discounts: Inactive conditions have prevailed.—Reuter, Latest Quotations By courtesy Swan, Culbertson & Frits by Reuter 3 War Loan, 34% (Ready 04} 1083

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

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