By courtesy S, D. Wang & Ca.
Shanghai, Dec. 3.
Final results for the month of Novvember were very uneven with ner gains as high as 245 (6 per cent. Con~ folldated) and net losses.65 (20th 'Year Customs). Most issues' however closed higher by fractions as com~ pared with the closing figures for October. Only. three issues rose by more than one point.
Moverients of the month were characterized by steady firmness for the fist two weeks with perceptible declines for the latter part of the month. Pronounced weakness was felt on the days immediately before settlement as the money market became tight and this materially re-@uced net gains for the month, Throughout the first week move ments were slow but with very evident firmness. Gains for that period were therefore small. The second week opened with a rapid advances buyers appeared with a rush Under the momentum of this push, the market continued to move upward for two more days though at a greatly reduced pace. Substantial losses followed asthe inevitable reaction set but before trading closed for Fri day the decline was halted and Saturday saw renewed firmness.
The fest four days of the third week found ihe market exceedingly Gull with no apparent ineination Shit in ehher ireetion. On Friday however ft {ook a sudden side down Ward, the recession. cantinaing throughout the four sessions. Eves the opening session on Saturday it deeuised with no. signs of @ reac" tion unt later periods Another slump was. experience winen the market opened on the foi-Towing Monday. Phe losses were Heavyrond though mild advances were Teglsered on alternate dyas thereafter they never succeeded in 8 complots Fecovtry of the inal reverses With the outstanding Tong positions out-Weighing. the shorts the faluret0 ecaver could eaaly be understood as November. trading' reached is last. days and last-minute set-off orders!, Were being Aled.
Yet more losses insubstantial amounts were incurred upon removal of November figures. A'mila. eft Wwas made to stand the tide on the ext day" but it only met with tne!
A total turnover of $499215 000 was recorded for the month of November, Following is a tabulated report:
Tesue Open High Low tom ye, Customs 2810
Oct. Compass Fiuctu- Transac-Close Close ison" ation" tons. 60—050 090 115,000, 4199 090 fe 4103 4070 4038 080 500,000 03%——130 3878.00 mas 40
Meo 1445, 4015 265 14.708,000 um—"20 s00.00]
Rehabilitation Bee 410 209
Nov. 492s ess Bee ao Sto 201m Fe, obaceo rye $00 20 un customs $270 300 ed Tae 20 ne ton ¥. Currency wor 0 40 Bec nae Ihe 08.00 71.00
4330 43.09 4025 105 3.570.000 2—130 4100.00
4.15 4205 4010 160 © 3.5.000 1390—"zo 208,000
5190 3170 4020 185 © 93815,000, sue——"9s 10,648,000 ous 220 12723,000) 3100 205 165818;000!
36.10 88.98" 4015 210 18535.000 Sis——235 23.5.000
36:30 29,200,000 760 20,973,000 amd Yr, Customt ore 9 eas eas aad Yi. Customs 50 1400 ras $0 Mitions Bec' h80 1800, han
Move 1190 948
Text read from the printed page and cleaned; old type leaves the occasional error.