Swiss Fre, 387
Te Lire 1038 Wt, Lire 1329 ported that Tientsin has made small purchases. For certain classes of auction goods also Hankow, Changsha and Ningpo have come into the market, but it is noteworthy that demand from Korea has fallen off. Generally speaking, clearances have improved slightly.
The trade is obviously desirous of an early resumption of the auctions, as it is believed that on the lower levels which have been reached following the drop in the price of cot ton, the values at these sales will have the effect of giving a measure to the market. In the circumstances it is practically certain that by the middle of next mouth there will be a resumption of the auctions.
Text read from the printed page and cleaned; old type leaves the occasional error.