The bad weather has meant a decided falling off in deliveries, which made things worse for a market that has not yet had a real chance to recover from the havoc caused by the political disturbances, The latter have also been responsible for the trade missing the best time of the year for Whites and the statistical position is not good, far too big a quantity being held in Shanghai. On the half year, dyed and white goods are 9 mace down, whilst Greys have fallen 34 mace. The tightening of the money market and the concentration of so much attention on the crops is having a decidedly adverse influence. However, though the lack of demand was more noticeable than Jast week and the market consequently was worse than ever, dealers saw to it that the values of dyed goods did not fall any further, which alone seems to indicate that there are not bad times ahead, for their ability to do this is taken as proof that there will be a renewal" of the demand very shortly.
Corron anp Yarn.
Local Cotton Market.—It has been a very quiet week, with little doing and certainly no improvement, prices remaining nominally about the same. The closing quotations were:—
Text read from the printed page and cleaned; old type leaves the occasional error.