The Archive · 1924

Piece Goods

So far ax the indent firms ai concerned, trade has been absolute ly lifeless throughout the week. Not only are the dealers away, but. Manchester remains very firm' and exchange is unfavourable.

Cotton, Yarn, ete, China Cotton—Although there ix plenty of excitement and specul: tion regarding American cotton, there is little doing in the local riety. The mills are not buying yything and for several days there have been no spot quotations, the last being on July 25—Shanghai, Ts. 45 to Tls. 46; Hankow, Tls. 44.50 to Tls. 45, Thursday afternoon's closing quotations on the Chinese Cotton Goods Exchange 49.70; September, 42.60; November, 4115.

Yarn—The spark of life which recently appeared in the market has not yet faded and a moderate amount, of business continues to be done, The Intest quotations are:—-

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

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