Our market during the past week may be recorded as having been, quiet and notwithstanding the fact of hardly any enquiries evolving, prices were in-no way affected but ruled practically at the same level as during the previous period. The tendency, however, inclines "more {toward a bullish than bearish direction which apparently is induced by the continued steadiness displayed inthe American and Indian markets, coupled with the depression still existent in the value of silver. Holders of stocks, particularly of the higher grades appear to be so well supported financially that they show no eagerness to submit offers unless at figures—far above those likely to be entertained by consumers. Furthermore, while the Chinese New Year settlement period is #0 close at hand, it becomes noteworthy that no signs are yet visible of any distress offer. ings nor is there any likelihood of such transpiring at this stage of the season which fact, as it were, very forcibly corroborates previous [indications of the inherent strength the situation of the domestic raw material and points to its further appreciation in the near future sul ject of course to the influence of modifications either favourable or} unfavourable as may eventuate in the exchange rates and the cotton
Text read from the printed page and cleaned; old type leaves the occasional error.