The position of the market on the whole should be considered satis factory. Inquiries continue the same as before, but the unfavour able weather has proved a set-back to any improvement in the trade. While clearances have been good, they would have been better but for the rains. The difficulty of finan cing purchases continues without much improvement; and the Chinese dealers appear to' think that no marked improvement in the trade will be noticeable, until the result of the settling day on September 9% is known, So far as the auctions are con-corned the market must be con: dered dull. At the Kung Bing the same quantities were put in the last auction, the lines put up being almost exclusively Fancies and Black Italians. Pri ces on the whole were in buyers' favour. At the Yuen Fong auctions: the total of the quantities put up was the same as in the past week. In this auction all Italians and Fancies were lower, except the very best qualities of Italians which always in strong demand at this time of the year. Greys wore rath: or lower, with very poor demand for 121b. and over. Bleached goods were a little better, but the market was not particularly good even for them. Clearances of auction goods continue satisfactory.
Text read from the printed page and cleaned; old type leaves the occasional error.