The Archive · 1921

More Trade with Manchester Few Exports

Tuly 30.

Naturally the news from Hupeh has caused a feeling of caution arise in the piece goods market this week, but it is satisfactory to know what it is no more than "caution.

There is, for instance, no evidence of panic, and dealers are merely waiting upon events. This has induced a quieter tone in the auctions, but the weakening effect has been slight. While such a state of affairs was inevitable 'n view of the prospects of fighting, one very hopeful feature has displayed itself during the week, namely a larger volume of trade direc? with Manchester. It is be ing done on conservative lines, and augurs well for a future healthy condition of the market.

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

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