Chinese Cotton—The market for weal cotton has been flat during the ast week, and the tendency at the spite of dhis feeling locally, the Hankow market remains strong, and prices for good qualities are approximately Tls. 2 higher than Shanghai is offering. Good grades of China cotton are, however, scarce, and the quality. of Tung: chow which is being offered is in disfavour with the mills, In the circumstances business was being done in Broach with Bombay the early part of the week, though increased firmness latterly restricted it. the Chinese Cotton Goods Exchange there has been a decil about 78 cents on the week, this ineluding a fall of about 20 points on 'Thursday. "Yesterday morning's rates on' the Exchange were follows:—April 42.05: May 42.30: [Sune 42.50: July 42.55: August, no September 40.70. - Spot rates are:—Tungchow 44: Shensi 428/48: Shanghai 41/414: Hankow 41; Ningpo 40, Yarn—On the whole the yarn market has been weaker during the week, There was a fall of Tle. 1.50 to start with, and with another Jaron on Thursday rates have lost bout Tis, 8. About 9,000 bales of spot cargo have been sold, prin~ cipally for Canton, Yesterday morning's quotations on the Chine exe Cotton Goods Exchange were: April 171.30: May 169.60: June 167.60: July 166.80: August, 168.00: September 105. "Spot rates 10's 154/101; "12's 162/106: 1 ¥6/176: 20's 171/181, silk The sik market has been fairly steady during the week, 'There hat Leen no demand from' Lyons, but America has made small purchases, Japan is 40 yen down over the week bat cloves with an. upward tendency.
The weather at present i _unfavourable for the new crop, but it rather too ently yet for this to have any effect on the market,
Text read from the printed page and cleaned; old type leaves the occasional error.