Mr, A. B. Rosenfeld's cotton market report, issued to-day, will say Since my last circular was issued, the market has continued quiet, but with an undertone of decided strength. The prime cause of the present quietness is due more or less to the uneasiness prevailing on account of the Monarchy question and while prices may decline a few points temporarily, a sudden reaction is liable to take place immediately confidence is again restored. One fact stands out prominently, however, and that is the arrival of cotton from the interior is not showing any improvement at all, and notwithstanding the unsettled state of the country the farmer does not seem to be in any great hurry to market his cotton, and hence there would bardly seem. room for any decline of consequence, admitting that for the present the market has about found its legitimate level.
The yarn situation on the other hand is far from being in a condition to meet present quotations for cotton, and what the ultimate results will be from " spinner's point of view is a hard problem to solve for the near future. On the whole therefore the cotton situation depends on the political conditions and improvement in the yarn trade which will be promptly reflected on our market. Tone of the market, steady.
Of the total output for December, 116,819 Ib., from the Gvla-Kalumpong estates, 94,006 Ib. were shipped to London. The estate also produced in December 173,176 cocoanuts. This information is from telegraphic advices received from Penang by the local secretaries of this large estate, Messrs. Libert Ca., Ld.
The December output of rubber from the Anglo-Dutch (Java) plant-stions, which was 19,238 pounds, brings the total output for the year 1915 up to 116,355 Ib. During the year this estate also produced 3,158 piculs of coffee.
Text read from the printed page and cleaned; old type leaves the occasional error.