The Archive · 1941

Shanghai Stocks

Yesterday's Business

Rumours again controlled yesterdays market which again, after the opening, continued to sag, At the start, Wheelocks were placed at $100, after the previous day's closing of $10334 buyers, and the rate eventually reached $90, when there seemed to be steadiness, This drop had the effect of easing other industrials, and over the day it can be said that drops jot 20.per cent, or higher were registered in most issues. There was an extremely heavy turnover and throughout the day prices were very erratic, with business taking place at large variations on either side from ihe previous prices, The Rubber market was even weaker than the industrial issues, with heavy drops registered in the higher priced shares,

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

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