The Archive · 1924

Piece Goods

Indent firms record a considerable improvement in business during the week, several cireumstances having combined to enliven the market. The floods "in many, areas have subsided and a number of contracts have been concluded. for up-country, Szechuan in particular has been very active and has taken quite substantial cargoes, Taken all round, there is a much better tone in the market and prices are firmer.

Cotton, Yarn, ete, China Cotton—The very decided advance in American quotations has had the effect of stopping the lower tendency here and prices have ap-Preciated "noticeably. The market now is very Yesterday's The quotations on the Cotton Goods Exchange were:—July, 47.50; August, 47.655 '43.40; October, 41.36; December, 40.78. Yarn—Trade still is dull and prices are not Keeping time with the advance in cotton. "Yesterday's quotations on the Chinese Cotton Goods Exchange were:—July, 173.~ 80; August, 173.10; September, 170.40; October, 168.70; November, 166.10; December, 105.80.

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

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