coureny 8. D. Wang & Ce.
The Chinese Government Bond] Swe! tan thay anes Market went down another point in the course of the frst week's tradin, ately on the next day failed to ac-'The reaction that followed immedi.
October. Althoygh at a glance it complish much and on October ist we Appeared that it went up in es many found the market slumping again 10 days as it went down, the losses In-about the same extent as it did two curred were usually of large amounts days previous. The recession con: thin the gains that followed 0 that tinued into Tuesday, the 2nd, though] al the close of the week we found it the losses sustained amounted to Substantially Tower. minimum fractions only.
"Transactions throughout the perrott The next two days saw the market under review maintained a constant attempting desperately to regain lost {igure of normal proportions so that grounds. The effort was met with the: total for the week amounted 10 mild success on Wednesday but was no more than 85,085,000. better rewarded. on Thursday whea the average advance was nearly half While it is the general opinion that 2 point. ne market ison a. steady down 'The effort did not last, unfortunaterade, it Is not likely' to. register ly, and it had to give way {0 weak Hicavy losses unless brought about bY ness again on Friday. 'The damaging serious developments in the. political feature on that day was General} ind finanelat elds. ts continued Chiang Kalcshek's reported trip to slow movement downward is entirely Hankow which, though coming late marder' considering the" general fu the afternoon, was in time to senci monetary situation and the prevail the last few issues toppling over the ing'tigh prices of the bonds, scare of renewed civil war with the 'The month of October officially Southwest. As the fears were sub-opened following the September set sequently found to be unfounded, the ement, that is, on September 28. market reacted accordingly on Satur-On that day' it "suffered substantial @ay and succeeded in staying the redeclines with October figures. losing cession movement though failed to '0 average of more than half " point register any appreciable gains, ind dragging with them the Novein-Following is a tabulated report:
Tse Open High Low Sept. Compa- Fluctu- Transac-Close Close risen "ation tone Disbandiment a Now. $030 los 4130 4130 ess et 1320 1520 1400 Nov. 13107405788 oth YF. Customs oct 320 343 300 Nov, as 0 30 Renabiliation Sct, "2p 99 Nov. anna fas 470 4150 ~090 095 © 6ss.o00 ea" ess Sanat M23 1585 130 120 s.280,00
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