By courtesy S, D. Wang & Ca.
Shanghai, Nov. 25.
Wide fluctuations with a strong tendency to rise were the feature of the movements: of the market during the week just closed. The failure for the moment of the northern autonomy movement, though by no means spelled the last of the intrigue there was the cause for heavy gains registered during mid-week, The Yaing were in fact so substantial that fractional losses incurred at various limes during the six days did not prevent any issue from closing con-Siderably higher than the preceding. week.
The week opened on Monday with substantial losses but thanks to gains at subsequent sessions they were con siderably reduced and prices closed but slightly lower. The strength continued Into the next day when prices rose rapidly during all of the three periods transacted, bringing the net alns to an average of more than two points.
Fluctuations were violent Wedhesday, Announcement of the autonomy movement in the morning papers brought prices down rapidly but more assuring reports came in the afternoon and when the second session opened late in the day the market reacted accordingly. Almost all Issues were able to wipe off all earlier losses.
The inevitable happened on Thurs-Gay. Optimism continued to hold and the market became strongly bullish, rising so rapidly that six Issues had to be suspended from trading after going up four points.
The last two days of the week found the market rather erratic, moving as if aimlessly. This was explained by the violent movements just preceded and by the fast approaching monthly settlement. Results for each of the two days were mixed with no definite tendency in either direction though an undertone of rmness or even strength could be noted, Transactions for the six _days totaled 204,000,000. This high Agure vas reached despite the fact that on nest of the days less than the usual four sessions were held.
Following is a tabulated report:
Issue Com. Flue 4atn_Yr, Customs Reorganization 10th Yr, Customs 201 YF, Tobacco Ye, Customs Confolidated Tax Salt Revenue Ye, Currency 874, Consolidated Year customs 2rd Ye Customs
Text read from the printed page and cleaned; old type leaves the occasional error.