The spurt in piece goods witneased a week ago was continued into the beginning of the present week, put the position soon assumed quieter aspect. On the whole, however, the auctions were quite satisfactory, and practically everything shows an increase. in price. Purchasers were generally operating in fulfilment of definite orders, ud reports show that a good deal of cargo has been going into the interior, principally the River Ports and Newchwang. During the week Korea has also been in the market for Greys, a feature which is worth attention. Korea's ro-quirements of this particular class of cloth have in recent times been largely met from Japanese sources, and the fact that the country is again taking Lancashire manufactures suggests that the stocks of Japanese goods are at a very low di So much hag been suspected for a good few weeks past, and "this present demand seems to afford confirmation. If this view is correct the prospects of continued strength in the market are good.
It is difficult to gather the extent of the new business put through with Manchester, but the impression is current that an increasing amount is being dono. At present prices and exchange Greys will show a profit, but not so other classes of goods, although Whites are not far out. The probabilities are that present conditions have induced certain orders to be given in the expectation of a rise in local values and also a firming up of prices in Manchester, which recent
Text read from the printed page and cleaned; old type leaves the occasional error.