The state of inactivity which has: ruled for the past three months in piece goods continues and the week has been featurek'ss. New fore ward business is out of the question owing to the uncertainty of the poli-cal outlook and the rus sibility of a boycott in the near future. Delivries for Jocal consumption are fair, but the offtake for up country is dus and importers are anxious to see how these will be received.
With reference to the auctions it} was anticipated that the uncertain position of Chekiang would affect! demand, which is already so small that adverse political reports would be almost certain to bring it down a minimum quantity, but actually this did not prove to be the ease, On the contrary there was little nervousness from that quarter, and dealers showed on the whole tendency to! increase their commitments.—This improvement has, however, hardly. extended to dyed' goods, for the demand for these continues very slight, and only a few of the Chinkiang. qualities showed any tendency te harden, Greys were in favour li the local market and among Ningpo dealers, and so far as most of the hesita going above the last.
lits were concerned there was no
prices, The most satisfactory feature of Whites was the speculative interest: in some of the better qualities. China qualities are gradually showing a slightly higher level, with the exception of one or two Changsha chops, but this week Korea has again been without orders, Hankow has shown a small demand at]
U.S. G.100.00 Mex. $2:
Ste. £1.00 Frs. 100.00 Yen 100.00 " 108
Text read from the printed page and cleaned; old type leaves the occasional error.