Forward quotations are about Ti. 1 higher. yarn there has been a better tone throughout the week with more inquiry. Owing to their being sold out the mills have been unable to do much business in the higher counts, but among themselves the Szechuan dealers have put through fairly large transactions. The lower counts have been rather quieter, but the undertone is sound and steady. In view of the proximity of China New Year clearances are naturally smaller. A better feeling is noticeable as regards local cloth. and more inquiry for drills and sheetings has_been experienced. evidently in anticipat tion of an increased demand after China New Year. Clearances, however, are poor. In Indian yarn only a few hundred bales have been done at rates below Bombay replacement cost.
A telegram from Liverpool dated January 17 quotes the market as
Text read from the printed page and cleaned; old type leaves the occasional error.