Shanghai, Moor. 4, The outstanding feature of the market during the month of Febru ary was the violent movements of 23rd "Year Customs which for the greater part of that period was the focus of attention for all speculators.
Alter nearly three weeks of such fuetuations, this sensational issue @led down to follow the general trend of movements. Simultaneously. business became quiet toward the end of the month until settlement ay approached when the usual end-of-theamonth flurry took place Results as appeared out last day before settlement showed much evenness. While 23rd Year Customs occupied undisputed top posi-lon' in maximum Auetuation, having varied more than ten points, and also in maximum gain of 335, 2 maximum loss of nearly two points wag registered by 96 Millions. Others either showed net gains or net losses ith a conspicuous absence of Uniformity, Total transactions for the month amounted to 250,470.000.
The month opened with 23rd Year Customs careering phenomenally up-
High Low 1th Yr. Customs Fel 3440 Reorganization 050 3325 3020
World Wheat Markets during the week of report have shown a decided upward tendency. The undertone is firm and prices have advanced slight Business in China has come practlally to a standstill since the con= tinuous advance of silver followed bby the appreciation of local currency makes buyers cautious, The Shanghai Flour Markets has been very steady. Prices have declined a few cents on account of the advance in silver.
Text read from the printed page and cleaned; old type leaves the occasional error.