The Archive · 1926

Bureau Report: Crop Prospects

Sept. 25.

There is comparatively little interest in the local markets this week, apart from the position of raw cotton. "The American Bureau. report which has just been received very bearish, andi following upon it Chinese cotton has dropped. Crops prospects are good in China, and supplies expected to be ample.

The piece goods market is quite dead, and it is uncertain whether the auctions will be resumed next week.

'A moderate business has taken place in silk, but tea has experienced quiet week. Produce also shows little activity owing to the impo sibility of obtaining supplies from the interior.

Piece Goods most of the piece goods Dusiness recently has been confined to the auctions, the absence of these makes this practically a blank week, This is the autumn settlement week, but it has no longer the significance it formerly held, and it has been devoid of any incident.

The only fresh feature of the market is that Tsingtao clearances have now been interfered with, ant for the time being this cuts) off another market from Shanghai, "It will be remembered that recently the military authorities imposed Shensi 31.50: Ningpo 31.50, Thurs" day afternoon's quotations on the" Chinese Cotton Goods Exchange's were as follows:—October 31.60: November $1.80: December. 81.80: January 31.80: February 31.85, 'Yarn—Following the position of cotton, yarn has dropped: on the' Exchange during the week by: practically Tis, 3.60. Only a ver small business is reported on the') Part of the mills owing to the, Political situation. " Spot quotations axe as follows:—10's 120/181; 12's 125/138: 16's 181/189: 20% 140/162, 'Taureday afternoon's cloting rates on the Exchange were og follows September 198.80: October' 137.8902 November 188.00: December. 189.70: January' 140,80: February 141.40, Egptian Cotton—Sakellaridis spot Alexandria quotations Sakellatidis November' 82.60: Jan-vary 31.85, Indian Cotton—F. G, "Bengal December/ January 254: Fine Oomra December/January 208: F. G, Broach April/May 314, Sampin—Yesterday was a holiday Osaka, Thursday afternoon's closing quotations were:—September 202.20: October 205.75: November December 207.50: December

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