By courtesy S. D. Wang & Ca.
'Shanghai, Oct. 21, 'Wide fuetuations "featured—the market during the week just concluded. With prices declining rapid ly on the frst three days, subsequent reactions were insufficient to cover' the substantial losses incurred earlier trid the week closed with net losses of nearly two points on the average.
The market opened on Monday with a crash, prices falling away rapidly with abrupt suddenness, "As the result of this bearish raid, all issues closed lower by an average of about tone and a half points, While strength was still absent on Tuesday, weakness was displaced by nervousness which sent all. issues fluctuating widely. At the close the day, net results were mixed with. both gains and losses in very small. fractions, The downward movement was resumed on Wednesday when the beats attacked afresh and cashed rapidly as prices went lower under their manipulations. A few issues lost more than one point while the others suffered but slightly less heavily.
Weakness continued into Thursday when further losses were sustained early in the morning. Prices soon steadied, however, and subsequent Jeeactions brought all issues recoveries: by fractions ranging from.10 to.70. These unfortunately were insufficient cover the huge losses already in-
Friday saw some real strength as the market mounted at a quick pace. This continued for three sessions but Jat the last period prices again fell Jott with increasing figures. This led {0 anticipations of yet more losses on Saturday but this fortunately dia not occur except to a minor degree. Movements were within a narrow range on the last day and net results were mixed and in the minimum.
Total transactions for the week amounted to 113,920,000, Low Close Last ci. 1930 "toro 2045 tin Nov. '0mm Yr, Tobacco oth Yr, Customs Consolidated Tex Salt Revenue 20h Yr, Currency.
6% Consolidated '22nd Year Customs 23rd YF, Customs 0 Mittone
Text read from the printed page and cleaned; old type leaves the occasional error.