The Archive · 1938

London Stocks

Tuesday's Closing Quotations London, Sept. 20.

London. silver was unchanged for A general improvement in the turnover and prices was witnessed today, ready and yy up forward, being 19% as a result of renewed optimism re-for ready and 19% forward. New garding the European situation, York was unchanged at 42% and upturn was most pronounced among Bombay was 11 annas down at 51.01.

British gilt-edged securities and gold it was reported American trade mining issues, which closed around bought. Speculators bought and sold. the day's best levels,—Reuter.

Market steady. After the official fixing the market was' quietly steady, Sept.

War Loan 34% (Red.) £f with buyers at the fixed rate and sellers at id. over.

JAPANESE BONDS

The local exchange market opened Japan 59% Stg. Loan, 1907 3942 3948 Japan [74 Stg. Loan, 1924 47 4 with sellers to merchants at 8%

COMMERCIAL AND INDUSTRIAL

sterling and 17% USS.

Allied Ironfounders 19/- 19/- The Inter-bank market was quiet Armstrong, Stevens 6/3 6/3 Assoc. & Elec. Indus. with rates fluctuating within, narrow Austin Motors, ord.

25/- 25/742 limits. There were sellers for cash Bristol Aeroplane, ord.

50/6 51/- at the opening at 8j) sterling and 17% British American' Tob. ble & W. newtorm, ord. 40 da 10/109

USS.

Cammell "Laird, ord.

T- XD'1/6

At the close there were sellers at: Courtaulds 8% sterling ITA USS Sept.

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

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