Mar. 11.
Every branch of the local market, has been particularly dull this week, The same as last week exactly, only more so," said one merchant. "Almost as bad as last year of this time, but with a trifle more hope," was the summing up of another. A third was more optimistic. Said he, "There certainly seems to me to a brighter undertone. Despite the gloomy news from Home, conditions are undoubtedly better there and if that is so trade must revive before long." So far as exporters are concerned the rise in exchange has absolutely ied all business, though inquiries from Home continue. The piece goods market was lifeless, Manchester reports are Foi) that the market keeps pretty steady, with little doing, thous: yesterday's news. was that in quiries had come through from Calcutta and if India has really become serious again business must look up: *It is said that only sufficient orders are being accepted at Home to keep the mills going, and at that it is understood that in some districts from 70 to 75 per cent. are idle Chinese dealers are expecting Manchester prices to come down, but this is not the general opinion of foreign merchants.
Text read from the printed page and cleaned; old type leaves the occasional error.