The Archive · 1921

Tungchow Tls. 24 Shanghai 23

Nanzu 2275 Taichong Hankow Ningpo Shensi I Shensi Tu local yarn only a very small business has been done since the holidays and that principally of a complimentary nature. The market opened with a fall of about Tls. 3 but has since recovered to the extent of about Tls. 2. Clearances have been quite good. It is reported that th" mills generally speaking have orders in hand sufficient to last them into May, and at present they one disinclined to accept new business at current quotations. This attitude seems justified by the low price local yarn in comparison with exports.

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

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