The total index number of export prices in Shanghai for October is 1496, being 0.4 points higher only than the previous month, while that of import prices is 153.0, a drop of three points as compared with tember. The forme in raw materials and produce ood, and the latter found falls in terials, producers' pools ant consumers' Roots In the export price index number animal products such as. bristles, buffalo hides and hog's intestine: and certain forest products like softwood and pine planks declined alike owing to scant arrivals, der agricultural products beans drop. ped as well, Producers' gools were made higher largely by steam filatures, whereas vegetable oils were sluggish as a whole, Among eyn sumers' goods, wheat flour, mac-aron, vegetables, dried fruits, med-final substances and silk and cotton piece goods were cheaper than in September. However, the total number achieved a slight rise raw materials ahd producer In the import prices index number American raw cotton dropped heavy ax 23.5 pointe in this month owing to the favourable reports of the new crop. Consequently. the index number of raw materials dropped 13.1 points. Among pro ducers' goods 4 great many" comme. ities dropped, while a few moved upward, the rest being stationary. As for consumers' goods, commodities such as cotton yi ton piece-goods, metals and has taken place from the recent high level the local staple fg still comparatively much dearer than the American and Indian varieties, yesterday's spot quotations being:—Tungehow 38): Shang-hal 354: Shens 364: Ningpo 353 On the Chinese Cotton Goods Exchange a brisk business continues to pass, and in fact has recently been of such increased volume that a continuance of it is expect&d ultimately to make up for the time when the Exchange was closed. Thursday afternoon's closing quota-dons were:—November 35.
December 35.7 38. February, 36.70; 38. April 36.70. Business done during. the day amounted to 88,600 piculs. One section of opinion on the Ex-anticipates cotton falling below Tls. 32 following the pos in American.
Local Yarn—Business in yarn has been dull during the week, and following the decline in American cotton prices has weakened considerably, so much so that 16's are now realizing only the quotations recently current for 10's. Such cannot be profitable unless the succeed in obtaining cotton at a much lower figure than at present. Spot quotations are as follo 10's 150/160: 12's 152/160: 10°
157/164: 20's 169/181. Thursday afternoon's closing quotations on the Chinese Cotton Goods Exchange, when a total of 18,900 bales was done during the" day," were: November 156.80: December 156.60: January 156: February 155.80: February 155.80: March 155.90: the which hindered supplies from producing regions, helped by the poor harvest in certain places. Shai tung groundnuts saw the arrival the new crop which was selling at i higher quotations and bad large ship-
January 10.1 10.44.
Liverpool quotations:
March 10.28: spot Cotton—Sakellariai spot 21.90, Bombay Cotton—The market advanced on higher New York advices but declined on account of sales by European exporters. Quotations:—F. G. Bengal December/January 321: Fine Oomra December/January 367; FI G. closing:—November 200: December 288.60: January 286.90: February 285.90: March 285: April: 284.30: May 283. Yesterday morning" Closing:—November 293.90: Decem ber 292.10: January 288. February 288.20: March 287.60: April 288.40: May 284.90, In their weekly report on the cotton market Messrs. J. Spunt Ca, state:—
China Cotlon—Soon after oar last report se ined our marke expel enced a sodden drop of Tia 1 to fis, per peal, attsibatable Such at the henry SieatTndianay, Gat' towards. the latter vt of the' week, in agmpathy with th bre, ous the" week, The. action "of the, market during the early part haa say too goods all experienced—de Fortunately, the index figure of this group was prevented from falling heavily by Kerosene oil which, staple import in the market registered marked increase trices nevertheless, after a further rise shout "one tae the pedbabites wee sitimate coarse of prices will the at week have fu" the. whole has beet on ths easy. Site, sind" prices colined seme one {roti a compared with lat wack practically unchanged from The silk market is quiet Inst week.
'A small business has been done in Tussahs and transactions in steam filatures are also mentioned, but apart from this there is little to be noted.
Prices are slightly easier.
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