Chinese Cotton—Following the: drop in American cotton, there has been a decline in the Chinese staple} for October on the local Exchange of TI 1 since last week, while January delivery is lower by Tls. 1.60. During the week stri: t low middling American has ruled about, the same price as Chinese cotton, and on certain days has been lower. This has caused mills to buy fairly heavily of the American staple to ithe neglect of Chinese varieties. Holders of Chinese cotton have been endeavouring to keep the price for, October delivery high, but with the arrival of more Shensi cotton from October 90.60: November 40: December 30.15: January 29.95: February 29.95: March 29.85, Yarn—There are reports that a number of the local mills have sold during the week, but apparently such sales have not been altogether general. On the week yarn has declined on the local Exchange to the extent of Tls. 4. There has been a certain amount of business in local cloth. Spot quotations for yarn fire as. follows:—10!
122/129; 12's 16/183: 16's 138/199: december 136: Jani February 187; March 137.10.
American Cotton—A decline pt over 100 points hax been registered during the week in American cotton Jowing to Favourable weather reports and southern selling. Interest now concentrated in the Bureau port which is expected to-day and will exercise a great influence fon the market, New York quotations:—December 13.18: January 13.25: March 13.45: May 13.64: July pool quotations:-—January
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