Produce: The Demand for Piece Goods Jan. 7.
The healthier outlook on the business situation continues, and a good deal of activity is reported all round. Anticipating higher prices. after China New Year the piece goods dealers are extending their purchases, and not only at auctions. but privately also business has been brisk, especially in Whites. Among exports wool and goatskins are moving to America, but there is little doing for Europe, quotations showing still too great a difference. With the opening of the fur season there is a good deal of inquiry, and that branch of trade seems hopeful. The offtake of local yarn held by dealers has been satisfactory throughout the week, while a fair amount of buying of China cotton has been done on the part of Chinese and Japanese mills. Prices, however, has: again been forced to a high level
Text read from the printed page and cleaned; old type leaves the occasional error.