By courtesy S.
Wang & Ca.
Shanghai, June 17.
Following the sharp declines of the preceding week, the market registered heavy gains during the week just concluded. Fluctuations however continued over a wide range as the market remained highly nervous and Susceptible to all Kinds of rumors touching upon the northern situation 'Advancing rapidly on Monday, the market recovered a grest part of the earlier losses. Salt' Revenue was especially. strong, rising by four pets to be suspended from trading for the day. This was a sort of anticlimax to the four-point drop on the preceding Saturday when it was also suspended.
While the gains were considerably smaller on Tuesday, gains neverthe-145s they were. The market advanced farther higher early in the morning but subsequent reports of General Ho Ying-chin's resignation brought about another crash so that net gains were greatly reduced.
'A feature of the day was the heavy losses sustained by 96 Millions which roppea 1.50 for current month, and this coming after its July quotation wert beyond 10.00. This issue fluctuated over a range of nearly two Paints in one day.
Still moving violently, the market was unable to stand the tide of the strong bearish influence so that afte: fluctuating widely again it registered net losses gor the day on Wednesday. Even greater losses were incurred on Thursday as the situation in the North again became tense.
On Friday the market contented inyelf to adjustment of prices followirg the wide movements of several Says, Net results were therefore mixed, ranging from 1.50 to losses of 85. ced on Saturday guming by various With the political atmosphere in the north still unsettled, the market ould continue to fluctuate widely inder the manipulation of specuii tts. Everything depends now on tht factor Following is a tabulated report: oth Ye Customs June 2220 22.10 Reorganization Tune 3800 38.00 Disbanament June 7090 uly 3730 3175
Low Close Last El. Com, Flue, Trans. 180
3400 3590 3020—030 400 Se40 3590 3020 030 335
Text read from the printed page and cleaned; old type leaves the occasional error.