For the better part of the week ening November 4. the Chinese Government Bond. Market appeared to be adjusting itself in "its new position following the heavy declines Tegistered at the close of Inst month i when Br. T. V. Soong's resignation from the Pinance Ministry ws amounted, On the last day of this period, however, it showed unusual Strength by advancing nearly one point, due undoubtedly to buying to was shown in the morning. The raid resulted in heavy casualties at several issues lost as much as one point or more.. The momentum of this downward movement continued Thursday when in the midst of quiet trading the market dropped by small fractions.
Friday was the quietest day is the week. No more than five millions changed hands on that day. However, the market was not discourage. over some of the huge ni of ed by the small transactions and was able to show some fractional gains.
After the October settlement on This upward movement led to the Monday, the market reacted favour-substantial gains on Saturday. ably upon opening of trading on Total transactions for the week Tuesday when a successor to Mr. were not heavy. In the five trading Soong was confirmed. The gains days, turnover amounted to about among individual Issues. varied 50 millions. Fluctuations were widely, however, ranging from.05 iny wide, amounting to 1.56 in the to.60 which was interpreted "as ase of Tobacco which varied most nervousness not at all unusual after widely, though net movements for the alarming week preceding the week were small. No issue Despite such an auspicious be-gained more than.05 (6 per cent. inning, unfortunately, the bears consolidated) during these five days. launched another attack on Wednes-'
Following is a tabulated report day afternoon after further strength for the week:
Oven Oven ciano Close "oon ct. Compar- Flucta- Tra ation 3125 31.50 31,20 +030, 140,000
Text read from the printed page and cleaned; old type leaves the occasional error.