Austais & China opening. being fate yesterday an, 0 0 98 Sthat $270.79
Trading was dull during the whole week. The market was slow and the Range of movements. limited, but a gradual upward tend was apparent. The weekly turnover was reduced 16 2 minimum, On the whole Monday's market was very quiet, iiuctuating between $381 find $976 during the greater. part of the day. The only period of activity came. when some' speculators selling fairly large number of bars caused 2 drop to, $87530.
As Tuesday was a Chinese national holiday the market was closed, On Wednesday slow. fluctuations were confined to between $988 and $200, The same. conditions prevailed fu the following day. The market was dead." The highest price register~ ed wag $600.10 and the Jowest $6543.
'Liguidatfons by short commitments forced sri upward movement on Fri-Gay, the price advancing 10. $89170, Sut' inthe afternoon owing to the Price of Bombay Silver being unhanged instead of down as forecssled the market sagged to $801.
Over-night longs covering their positions foreed the market down 10 $225.20, but later speculators buying Sqain "caused a gradual upward fend which terminated at $8220 toward the CSN Monday's "est los wera Opening Shanghai, Sept. 2.
During a quiet month's trading in August, prices were generally more susceptible to bearish influences. Tu the first two weeks they were definitely on the downward trend and though they firmed up slightly in the third week and somewhat more in the last few days of current month trading they closed for the month with loses for most of them.
Total turnover for the" month amounted to 260,000,000.
Following' the July settlement, the market showed erratic tendencies through the greater part of the first week. During this period,—losse were greater than gains and thong the market was rather firm just before the week ended small losses were the net results.
While steadiness took the place of emetic trading. the tone was easy_in the second Week of August. Again it firmed up just before the Week closed but the advance came oe late for the substantial losses already sustained and losses were Teistered by most issues, oer Open Reorganization Yr. Cust Didbandment 18th YF. Customs Highest Price $0720 at 220 pin. on Friday Vpigs $47520 at 11.12 am. on Monday sth Yr, Tobacco ith Yr, Customs
Text read from the printed page and cleaned; old type leaves the occasional error.