By courtesy S. D. Wang & Ca, Shanghai, Sept 9.
'The market was extremely quick during the first week of September. With a total turnover of only 65,500,000 during the last eight days' trading, Muctuations were. correspondingly narrow and prices closed with but slight differences as compared with the last close for August.
Prices took a rapid stride downward on August 30th following the settlement. Oclober quotations which officially opened on that day generally followed the same trend and closed lower than they opened, The Jreaction came swirlly, however, for on the next day an upward movement. took place though not every issue succeeded in registering gains, Following the week-end recess, Prices opened on Monday with general decline and though they steadied during subsequent periods the gains were insufficient to cover the substantial losses already incurred.
Sparodie reactions took place on Tuesday, resulting in small gains for most issues. The following. two days found the market stagnant with very small turnovers and. minimum fluctuations. The market Improved somewhat on Friday but it proved to bbe shorttived and on Saturday weakness again set in to reduce the Previous day's gains, 'The general depression was well refeeled in the poor business done at the market on the first days of Septembdr. Wilh' the approach of the mid-autumn festival, the same quietness is expected to prevail until the tension of the approaching selllement relax Following is a tabulated report: sue Open High Low Close Aug.Cl. Com. Flue, Trans.
18th Yr, Customs Sept. 2000 20.00
Reorganization Sept, 3530 35.55 Oct. Mad 35.20
2000 2000
3.00 3845 3540 4038 04s 383 Say SY 18 Oss Disbandment Sept. 6030 60.75. Oct. 68.70 69.00
Text read from the printed page and cleaned; old type leaves the occasional error.