The Archive · 1941

London Stocks

Friday's Closing Quotations

London, Sept. 26. Week-end considerations dominated Stock Exchange today, which generally somewhat easier in a of very quiet trading.

outstanding feature was the of 5s. to 52s. 6d. in Associated While the foreign exchange market, legittinate or otherWise, did not react to any appreciable extent to the international outlook, Shanghai's Wall Street took stock of the international situation. In estimating however, the influences of the political outlook upon the Tocal Share frarket one must not loose sight of the fact that interpretation of the international situa-Yon affect only in a round-about way focal share dealings since téchfif@al considerations, local news. and, last but not least, the presence of hùge idle funds act as silencers, so to speak, against the din in the Taking the trading week asa Whole, ote is bound to stress the order! behaviour of the market, and though it looked on Monday as if the con-fol the of the market.

Monday's weaker trend came about äs a result of large scale liquidation by longs who booked considerable profits by unloading their holdings Which they had carried over the week-end.

Beginning from Monday, however, he market steadily gathered strength, from occasional setbacks, every help and assistance means at my disposal."

Exchange of Letters The exchange of letters between Ghee er Governnients took this Soa enver BA i Cure ie. Soviet aion da in Benefit of -a Sowa a Sus of which exp citizen

tent:

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

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