97.05: January 37.
Local Yarn—On account of the' con the demand both for yarn and cloth has been less than that recently experienced. The offtake has been principally in lower counts. such as 10's, and for the higher counts lo inquiry has been forthcoming.
No quotations for yarn are reported ar yet on the Chinese Cotton Goods Exchange, but outside rates for spot are as follows:—Ifgribor 20's 180/186 156/165: 12's 165/170: 16's] weather has caused a decline in New been from China and" elsewhere, has been absorbed by the spec buying to which we referred La week ard which has continued. India has sent a fair number of buying orders but Limited to prices slightly sinder those now raling and they have consequently rethe' ed_unexecuted.
With such a featureless market Ss dificult to ferezell the probable movements in the price tat we tee nothing to cause uny important change at pyecent GoldThere has teen only a very moderate demand fo gol8: this work felthough there have Yeon orme fairly large orders for dire: ment from Durban to India. the Bani: of hare and coin £1,089, York quotations which are as fol-
Liverpoot qu: tations:-October 12.1 January 125: <pot 12.69, Bombay Cotton—Following American weakness and a bearish sentiment in the Bazaar, Indian cotton has declined, Quotations:—F. G. Bengal December January 350: Fine Oomra _December/January 394: F. G. Broach April May 414.
Sampin—Thursday afternoon's closing:—September 329.60: October $24.30: November 320.50:
December 317.60: January 316.20: February $15.60. Yesterday morn. ing elosing:—September 331: October 228.60: November 322.20:
December 318.30: January 317: February 31680. Owing to to-day being delivery day, the Exchange at Oenkn was closed yesterday afternoon.
In their weekly report Messrs. J. Spunt & Ca, state Coston—Immediately after our avai ofall buying powers from opt the with
ners, resulting in stagnation and meat stampede' of sellers.
4 Somewhat firmer undertone en: the' clove and. which is attributable prose taking and bulls buying.
Crop reports. show good progress us weather conditions thus far" have been Sry favourable throughout the cotton be favourable exchange ports, could not reasonably be propitious fora bull Campaign, therefore, the outlook seems fo afer ne forthe expecta favourably" ales the nal eutiorn the growing) cro Yarn—Our market daring the past week evinced very. litre variation bree gaint thave ruling' daring the eried, with a ule stead; "close ofthe Business for has "been Looks seme 3,000 to 4 bales in ait counts, Silk It is reported that 3,000 bales of silk have arrived from Canton, and 'a few hundred bales have been settled for Europe and Ameri The local silk market is fairly quiet and steady, moderate transactions having taken place mostly for Europe.
Japan reports a firm market, while New York and Lyons are steady.
Tea Black Tea—Keemuns—3,000 h/e have been settled by the Russians, Prices are unchanged and the market is quiet.
Hankow Tea—Very little business has been reported.
Country Tea—Chops 000 h/e have been settled at Th.
51/53.
There are no stocks.
Chun Mees—Settlements are 5,000 bye, and. stocks are 17,000. The market for better grades may be Quoted a shade easter, but teamen are good holders. There is still food demand for common and Inedium grades for North Africa, shipments to which have been phenomenal. The str. Kidderpore took 2,700 tons, thos breaking the record of a few weeks ago.
Sowmeee—A steady business has been done at unchanged rates. demand both {rom local pack hong Pingsueys—There is a strong
Cotton-—Favourable|and. America. The equivalent 8,000 h/e has been settled at Tls. 38/43. Stock is very small.
Produce Slightly more interest has been shown in the produce markets during the past week.
Inquiries are coming forward for new crop sesamum seed, but few purchases are reported, as dealers! fare unwilling to make. contracts so far ahead except at extremely high'
Text read from the printed page and cleaned; old type leaves the occasional error.