The Archive · 1941

Shanghai Stocks

Yesterday's Business

General uncertainty kept prices somewhat low during the morning New York, Feb. 3.

The Stock Exchange ruled irregularly easier today, with quotations mainly &nishing fractioffs lower from Saturday's levels. A moderate uplift was noted earlier in the day, but, as session, but heavy liquidation waS buyers refused to follow the upward easily absorbed, with all the popular movement, the market turned heavy issues having a large turnover, In and dull &e afternoon, the undertone seemed The decisive stage of the Lend and to be somewhat better, with a gen- Lease Bill coupled with foreign un-eral improvement in prices and less certainties, again tended investors to liquidation evident, With the heavy cling to the sidelines. amount of selling that has taken The turnover was light, amounting place, the market might be in a posi- į to 490000. shares. tion to recover quickly should shorts have, to cover in face of better politi-Dow-Jones Averages cal news, Rubbers were again easy.

High Low Close Changes but there appear to be bargain hunt- 30 Indust, ers at low levels.

20 Rails EIE ex I [18 2190 2794 EU CLU

15e mis

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

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