The wholesale pri index number for April has now been compiled by the Bureau of Marketa (M istry of Finance), The Commissioner of the Bureau states:
The total index number for this lower only than the pre month is 189.8 being one percent.
Thi indicates a steady price movement at this port; the total number in the last four months has "always stood between 159-160, reaching the highest level in 1920.
The vari other food upwards, An us groups were irregular in tendencies.
For instance, reducts, textiles, metals, industrial materials and sundries ussly, while cereals, fi fuels and building materials turned ug the 147 items, 28 kindy rose, 68 kinds went down and the remaining 33 were stationary. The following table. bears. out the facts Percent. No. of Commoit Groups Up Cereate 2 Othe 7 4 6 4 1 3 6 2 4 5 6 3 7 Sundries 7 th 8
Total As seen in the above table, metals had the highest degree of fall. For instance, copper ingots, bamboo steel, and lead bars declined alike. Singapore tin in slabs was quoted st Tls. 105 at the end of the previous month, but slumped to Tls. 98.5 during this peried.
Antimony regulus (Hunan) had a conspicuous: fall from Ti. 415 to Tls. 365. Sundries decreased 2.9 per cent. ow ing to the weak tone of cigarettes, tobacco, leather and oils.
On the other hand, the index number of cereals rose to 160.7 which has rarely happened in the last six years. Except peas, sesamum seed, all kinds in the group met notable improvements.
Our monthly figures since April, 1924, are given below:—
MISCELLANEOUS doors Indian varieties. Attention being paid to the new crop, which was commenced two or three weeks ago. The weather so far has been rather too ary in this-district to be favourable for the Farmers. Spot quotations for cotton are as follows:—Shang-hei 414/424 Shensi 41: Hankow 40/404. On the Chinese Cotton Goods Exchange the following we yesterday's "May 40.70:
'70: July 40.90: August, no September 39,85: October the interior coupled with the drop in the price of cotton has led during the week to a very much easier market for yarn, the price having Groped Tls. 10' from' the highest point. Orders to the mills are not forthcoming, and it is stated that the offtake of spot cargo has not been more than 9,000 bales. In the meantime the mills are steadily camulating stocks, The market for cloth is as indifferent as that for yarn. Spot quotations for yarn are follows:—10's 146/184: 12's 161/104: 16's 166/178: 20's 171/178, the Chinese Cotton Goods Exchange the following were the quotations yesterday:—May 107,90: June 165: July 163.60: August 162.60: September 160,50: October 158.80,
Text read from the printed page and cleaned; old type leaves the occasional error.