Shanghai, June 1.
Dullness prevailed during the greater part of the past week, but change in feeling for the better was noticeable. Trouble news from the. North was responsible for a tendency among speculators to buy toward the end of the week.
During the first half of the period under review business was excess ively dull, and avery quiet market was witnessed. Prices "were higher level, but Muetuations were slow and limited to within $20 only, between $1135.50 and $1137.80.
Trouble news from the North induced some shorts to take cover on Thursday, thereby resulting in a small rise to $1198.60. The upward movement continued on the following day and the price advanced once lore to the $1140 level. On Satur-fay continued short covering combined with heavy buying caused sharp rise to $1144 but long profit-aking and selling on the part of some forced the market down again $1139,
Text read from the printed page and cleaned; old type leaves the occasional error.