The small volume fell to the floor on the other side of the ring.
Volume fell 13 percent from the first quarter, when nearly a billion shares changed hands.
But the volume of mail has fallen this summer, he added.
The volume of sales has fallen by 40 per cent on 2007, he says.
Average daily volume on the Tokyo exchange's first section fell nearly 10 percent from the similar period a year before.
The volume of new private housing work fell 2.5% compared with the second quarter, although it was up 0.7% on last year.
Shipping volume fell 6 percent, to 49.4 billion units, from the third quarter of 2001.
The top volume fell with a thump to the deck.
Volume usually falls after a rate increase and then rebuilds.
Even though volume has fallen, the current reading is a still-bearish 1.68 percent.