The Archive · 1935

GOLD BAR MOVEMENTS By Courtesy Dah Fan Yung

Yesterday's Business The market was in a state of inactivity " with fluctuations limit-Jed to a narrow margin, and business absolutely at a standstill for a large part of the session. The volume of business transacted was Feduced to a minimum, Owing to the coming change-over being estimated at abou: $8 in favour of longs and to over.night shorts liquidating their positions, buyers commenced business in the auctions fat $709, and advanced the price 19 {$199.70 at the official opening and to the high of the day, $795, "three minutes Jater. A reaction then set! In, depressing the market to the low, '9788-70, ay 9.28 am.

Then the market became dull, with fluctuations "confined to. between $189. and $792, for the rest of the morning, closing ay $791.0.

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

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