The Archive · 1941

Shorts Cover

The full significance of these reports had not apparently sunk deeply enough into the minds of local operators until yesterday morning when the continuation of the talks in Washington was intemáreted as a hopeful sign. It might also readily be admitted that technical reasons might have contributed toward the firm opening to an even greater extent. Shorts wanted to cover so that they had some funds at least to lay their hands on in this topsy tury world. The fact that there was still some activity to be registered on the local stock market was termed an interesting feature in brokers' circles.

As long, however, as there is no actual warfare in the Pacific, local operators will continue trading since they want to employ their funds for "ithe time being. Once war has been declared all dealings will have come to an end anyway so why worry about something that cannot be avoided?

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

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