The Archive · 1936

Central Bank of China

Bauallzation charge 8 per cent. London Rew fork Bar sliver sot Fela, pet tne Shanna goa bet the market dropped to $1,132.00, but buying on the part of some speculators toward the end of the half-day session pushed it up again to $1,135.80 At active market was witnessed on Thursday and a large volume of business was transacted. Rumours of a US, Loan to China created a bullish "feeling.—Panicky short covering and heavy buying on the part of others shot the price up to $1,141.50 at the opening. The market 98) reached its peak, $1,145, during the afternoon session. "Throughout the day '1.18 Cents there were many" ups and downs. But tal rates for fon the following day heavy liquida-

London... 4h Berlin... 74¥e New York", 90° Japan"... 109 see sts 486% Hongle ug'. 02 baldlary Coin Exchange ang nan liver doo, am, 00: Canton silver 20cts, a.m, 600: rag Eopper: a'm, 500 coppeta Svalver oct, ana' 9 copper tions by longs who did not wish to pay the Change-over premium set the price bank to its old level, $1,137, and as this premium advanced from $250 to $4 the market continued to 16 until §1,133,80 was recorded, Renewed heavy buying on Satur-caused the market to advance once more to $1142.70.

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

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