Reuter reports, under date of
of England returns show thi London, March 16, that the proportion of reserves to liabilities is 28 per cent tities of Asiatic sorts available for Europe up to the end of the season might be inadequate.
As to European silks, the shortness of native crops, aggravated by the non-arrival of silk and cocoons ers of 85 per cent. out of this account, and the transfer of $269,- 017.14 to the credit of reinsurance reserve fund and $70,000 to the credit of building rceerve fund. The account will then stand as follows: from the Levant, incited reelers to be daily more exacting. In consequence of these various influences we have witnessed in Januaay considerable activity in transactions with a fierce rise in prices avera: ing since the beginning of the year about 20 per cent. on European sorts, 17 per cent. on Shanghai steam filatures, 14 per cent. on Japans, and 8 per cent. on Cantons.
Text read from the printed page and cleaned; old type leaves the occasional error.