35th, 1939
Share Market Report (Up to Friday noon): With confidence in a large measure restored, the market generally, though recording much about the same volume of business as that of the preceding week, has been steady with much firmer undertone and quite moderate activity, price levels being more or lasa maintained, the general average index showing a rise of $3.00 to 150.58 se "general" issues and $1.83 to 199.12} in "rubbers" largely by reason of the following notable exceptions in which new highs were recorded: Wharves ($230), Wheelocks (837), Telephones ($105.50) and Kaipings ($30.75).
Wharves. Owing to reluctance on the part of holders to sell, only several hundred shares hands but at the ise of a rise of $21 from $209 to $230, the market closing firm with buyers at $226.50 and sellers at $235.
Telephones have been an active market, making a further rise of $0.50 in the transaction of.some 1,500 shares, but reacting towards the close of the week to sellers at $104. cee!
TEERDE ROTE EEEE ETE
Ru Wheelocks, accounting for approximately 10,000 shares improved to the extent of $1.00, closing with buyers at $37 and sellers at $37.25.
Rubber Reviews, Chinese Ru5ber Review:—Raw Rubber recorded rises this week in both London and New York, the former by 3/16d and the latter by 34 points. The local market continues to shew steady improvement not so much by increased turnover as increased demand owing to continued favourable statistical position. Greatest volume was recorded by lo-Javas ($52,400) with a 3.8 rise in price, followed by Java Consolida ($30,000). Kota Bahroes were responsible for the biggest rise of 5.7% followed by Senawangs Loxpox Spot J t. May 19th 26th slid.—8H. Very quiet Volume of Trade Wing On Ca. (Shai)
Week ending General. E
Text read from the printed page and cleaned; old type leaves the occasional error.