The Archive · 1941

Shanghai Stocks

Yesterday's Business

While the market in the morning was uncertain, with a somewhat easy undertone, firmer exchange in the afternoon brought on a wave of selling which was only absorbed with difficulty, There were periods during the day when firmness was shown, but these were few and selling was always predominant, though at the close short covering was to be noticed. Wheelocks, being one of the higher priced shares, was the heaviest sufferer, the rate at the close being $78% buyers against a high point of the day of $86%, The turnover for the day was again heavy, with Rubbers under pressure at the close, Official Averages

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

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