Trading was fairly native daring the Shanghai, June 15,
past week, and a large volume of market rather steady, re-business was done. On the whole
ing within a few dollars' about the $1,140 level throughout the period under' review.
'A bad feeling was prevalent on Monday morning," resulting gradual downward trend fromthe opening of business up to the noon losing, The market declined from $1,141.30 to $1,198.80 but in the after. noon a change in the undertone was witnessed and a steady advance was made, which, however, could. not make' good the drop suffered during, the morning session, Owing toa large rise in the price of London gold, speculative buying activity commenced at the opening of high level, began to Hquidate, result ing in the price sagging to $1,130.70.
On Wednesday trouble news from the South induced a bullish tendency, and the market advanced to the high of the week, $1,14440, This rise was rFelained mote or less throughout the whole session, but on the following, day the market again sagged back to $1,139, Fluctuations were slow and featureless and confined to between $1,141 and $1,198.60 on Friday, but a gradual downward trend was apparent.
Influenced by the continued weakness in the London Gold Market, the local gold bar price sagged to the low of the period under review, $1,-
Text read from the printed page and cleaned; old type leaves the occasional error.