The Archive · 1941

Another Tense Day Heavy Sentences Japan's Moscow, Berlin

In Stock Market Await Portuguese Envoys to Confer

Buyers Put Up Strong Charged with Operating Gen. Oshima Entertained Front Attracted by Gambling, Opium Dens En Route to Germany Low Prices Released on Bail Moscow, Feb, 13.

After several days of tension and hectic trading with political rumours playing havoc with share prices, an element of surprise was injected into the Stock Exchange yesterday after the opening of the market, with buyers showing a formidable front, the first in days, being attracted by the low prices. Small investors, speculators and others sustained staggering losses, running into a total of many millions as a consequence of the upheaval and numerous operators were completely wiped out.

On Wednesday afternoon after the close of trading apprehensions were felt for the next day which were justified when buyers ho were andence in the against the sellers, being easily outnumbered.

Yesterday it was thought that the market would take a turn for the worse, but the appearance of a number of buyers who took advantage of the low levels to buy, restored some confidence and caused a rise in many shares which, however, toppled again to some extent, when the sellers took a stronger stand-Rates opened considerably low, but the market gave a good account of itself and although the low undertone was not dissipated at the close of the morning's trading, the outlook was regarded as optimistic. With the market closed for trading ye: terday afternoon, and today, many quarters are confident that the few days respite might result in confidence being regained in the market when it opens again for trading.

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

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