Shanghai, June 22.
Business was fairly light during the past week, and the range of movements narrow, there being no extra news (0 case some excitement inthe market. Owing to heavy liquidations by longs who now held the majority of the overnight tions, a lower level than the previous week's quotations was witnessed in the gold bar price during the period Longs, liquidating on a large seal forced the market to drop to $1,136.30, the lowest price recorded during the ppast_week, on Monday but buying a certain bank' brought back 3 ood feeling, which resulted in a late rally to $1,199.70, Owing to the price of custom gold unit being raised, the market opened at $1,14240 on Tuesday, about three dollars higher than the previous closing, but as offerings were abundant during the greater part of the day, sagged again to $1,139 at the end of the day.
The market opened low at $1,137.90 on Wednesday but profit-laking by overnight shorts at this low level Drought the price back to $1,139.50.
'A dull market prevailed on'Thursday with fluctuations confined between" $1,141.80 and $1,139.70, The market remained steady at about the $1,140 mark during the Jorge part of Friday, but a sudden wave of selling at the end of day caused" it fo" slump sharply $1,138.80, The week-end session saw a dull market confined to between $1,140.40 and $1,138.90,
Text read from the printed page and cleaned; old type leaves the occasional error.