By courtesy 8, D, Wang & Ca.
_Alarms over the politico situation resulted in heavy drops at the Chinese Goverament" Bond. Market learly in the week ending December 23. although fractional'gaine were Feuislered for three days thereafter, hey were not sum cient to bring the' market "beck to its level which it closed the preceding week.
"The general outlook Temting thin ith no. recovery insight. for the il lacking and the least tnfavors ble report would precipitate other crash, With the December settlement fixed' for the 25th, there. willie only' two. more days for current month trading." On these last Therefore, movements a the marke: wil be chief dictated by transac: Sons tu the course of liquidation of Gatstanding positions unless unex ceted events turned up.
'The market sid' down heavily almost as soon as trading opened for the week. The decline amounted te bout point for several Tenues and fas believed. to. be caused, by general petvocomens over the Tue den-Chekiang border' situation, [Nearly one and a half points were Jagain lost on the second day of the [week when rumors of readjustment jof the Government loan services were cixeulated. 'These reports hed telling "effect on. an' already weakening market which through the vest of the week failed to Te-cover completely from the shock.
With an official denial from' the ance Ministry which refuted the Tumors as groundless, the market reacted favorably in the course of a two-session day on Wednesday. 'The however, were small, amount ing to an average of less than half point, rratie trading brought the market nowhere on 'Thursday, Practically speaking, though minimum' gains were recorded. Friday sew the market going substantially ea the bears took profit but it relapsed again' on Satur day when nearly half a. point: wan ost, through the week with transactions The market was rather quiet totaling only" about 90. millions.
sandment fared worst during the period, tossing. fully" 1.76, Most of the others also suitored by' more than one point. pPelleming ix fed report of Following isa tabulate Tssue Open igh Low 18th Yr. Customs Dee "278d 28:90 Jan. 2730 280
Text read from the printed page and cleaned; old type leaves the occasional error.