Mesars. A. B. Rosenfeld & Son, in their weekly report, sta China Cotton—Sinee our last re-' port, the cotton trade has witnessed succession of firm market, which, although due in a large measure to the attitude and operations of the local bull clique, have carried prices well over 60' points, while forward positions scored practically a corresponding advance, What ever may be the ultimate object, of these operations, their influence has been one of the controlling factors in the market and has brought about. a moderate revival of bull speculation on the part of the outside pub-ie. At the close, however, Mid-Arericans coined some 278 points for spot and for October, in consequence of which our saar? Ket responded accordingly. The general undertone of the market has been fairly good, due to th firmness with which spots are still held. by strong holders. From present indications, therefore, see no reason to change our views that any recession in prices is warranted and we believe the progress of the crop will continue to be the chief basis for important price changes.
Extracts of Correspondence Tungchow, June 1—The weather has been ideal the last couple of days and farm work is well advanced, Shanghai and Districts, June proved very beneficial.—Planting godown will be general next week.
Chekiang Vrovinee, June 1—|" During the past week, the weather tween the has been ideal for crop prep planting: will be general wit ext week. Conditions in every way perfect.
Yangtze Valley, May 30—Weather favourable; planting now under way, Honan, Shensi and Shansi Pro-inces, May 29.—We are having leal weather. Preparations for the new crop are advancing eneral-
Yarn—Since our lust report, the market fax been steady to firm and prices have advanced Ti. 1 to Tis.
all some 3,000 to 4,000 halos of all counts were contracted for shipment to interior marts, whilst over 1,000 bales direct business with the mills have been recorded, Messrs. J. Spunt & Ca. report: prices on the local cotton exchanges for forward contracts showed a steady to firm tendency, which, however, relaxed somewhat at the clove, AMid-Americans, but on the whole the range of prices for distant deliveries registered higher th: those recorded during the previous There has been but little y in spot cotton during the past week, nevertheless prices were in no way affected and remain in steady {0 firm position by reason of valent. foreign eradex being higher than that avatlable of the local staple, trend of prices la the of any recession in prices on avail able old crop stocks. However, modifications may ensue on better reports of the condition of the growing crop, Tone of the market,
Text read from the printed page and cleaned; old type leaves the occasional error.