The Archive · 1934

London Stocks London, Dee. 6

The lull in. Stock Exchange buslness continued in practically all sec-tons during the past week and the markets generally' remain uncertain.

British gilt-edged securities weakened due, chiefly. to returning condence in the Continental outlook and the consequent withdrawal panic capital from London. On the other hand, German loans strength-Jened_on better Franco-German relations, Most other foreign bonds, including Japanese and Chinese, were supported.

The Industrials market was more or less featureless. Gold minings Snd diamond shares were favoured rly In the week but the demand has me fallen off. The other sec-[tons "of the Exchange, Including rubber shares, remained rather dull throughout the week.

the foreign exchange markd; sterling weakened owing to a good demand for dollars and the better outlook. To-day, how-improvement of Chinese ex: change was maintained, while the ye heavy dividend disbursements December 1, but discount rates firmed up again, with clearing bank rates for 1995 mat ing from five quarters per cent—Reuter Monday's Closing Quotations coer ge gen 6 or a 19 91

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

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