The Archive · 1941

New York Stocks

Thursday's Closing Qu tations London, May 29.

New York, May 29.

Generally steady conditions pre-The undertone of the Stock Ex-vailed on the London Stock Exchange was frm today, but trading change today, the main feature be-continued to be light, with quotations ing investment inquiry for higher mainly finishing fractions up. yielding shares, including certain The slight improvement witnessed rubber, shipping, bank and electrical grounds, some shorts covering, today was due entirely to technical shares, but business was not large and price movements were small. despite the holiday tomorrow.

British gilt-edged securities and Many operators were absent from nome rails tended to be slightly the floor, while other held aloof as easier, Kaffirs quiet and oils fairly they were unable to assay the ulti-steady. mate effect of the Emergency Decree, Among foreign loans, Japanese Although the Battle of Crete had bonds improved slightly.—Reuter, already been discounted by Wall Street, nevertheless today's reports May 23 20 dampened sentiment.

UR. LOANS

The volume of business done 342% War Loan (Red. £10343 10313 totalled 340000 shares.—Reuter.

2 Defence Loan 101% 1015, Mr. Harold Ickes

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

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