Prices on the Osaka Yarn Exchange, which opened active in the New Year, experienced a check on January 8 when the quotations dropped by between Y.1.95 and Y.2.05 for January, February and March delivery. The unfavourable state of the market on the Exchange has in no way affected spot delivery, which continues active in yarns for export, says the "Japan Chronicle." On January 7 1,200 bales of 32's and other qualities for export changed hands, and further activity was shown the next day, when 1,875 hales were purchased by exporters, the prices agreed upon ranging from Y.93 for 16's "Fan" brand to Y.95 25 for 20's of the Fukuthima Spinning Ca.. The chief buyers were the Chinese exporters at Kawaguchi (Osaka), the Japan Raw Cotton Ca., and the Yuasa Shoten, Kobe.
Text read from the printed page and cleaned; old type leaves the occasional error.