The Archive · 1923

PIECE GOODS

The interest in piece goods has as much a financial as a trade aspect. The margin between China and Home is wider than ever, and accordingly business refers general, to auctions. Newchwang is showing an iterest in shipments thither, _and Korea is also taking a considerable amount of cargo. uily dealers are speculating in spring fancies.

Chinese dealers apparently realize that, there is little prospect of obtaining more money for their operations until after China' New Year, and in view of this some of them are already said to be making arrangements to finance the end of the year settlement. This, in conjunction wu the tightness of money and the approach of China New Year, is restricting business even more than usual.

Woollens—There is nothing new to report in woollens. The inquiries that have been received Are at much too low limits. The home market is steady.

Text read from the printed page and cleaned; old type leaves the occasional error.

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