Business has been inactive during the week, owing to the sharp rise which has taken place in exchange, a finetuation tending an usual, to keep back po the part of natives from. firs utu als, more sure of their ground, Meantime clearances have been kept up briskly in nearly all classes-of English staples and also in Dyed and Fancy goods, the Yangtze outlets absorbing the majority.
A sufficiency of rain in Chihli province hax had the effect of bringing out a few purchasers for American Sheet ings, prices for which are better by two and half to five eandurcens than last sales. This small advance, in spite of the small movement from stock that has tal during the past few weeks, shows that holders are in a position to dictate to the market. For Drills there has been an active inquiry, and stocks are steadily decreasing, but there is still quantity to keep values below the replacing level Indian Yarn is easier, prices being down Tis, 0.60 to TI. 1 upon the week, the higher mice having affected values—From Messrs, Inwkat & Co.'s report of August 1, 1907.
Text read from the printed page and cleaned; old type leaves the occasional error.