The Archive · 1926

Piece Goods

There has been a dist feeling, which increased with. eve iny. Yangtze ports and the ne February 25\ by two armed men lo abduet.a Chinese -employed by engaged: in the-" propagation of Branch.tigr" Szckuen.

4rtested - two - important. -leaders: Idlshonoured. a draft issued by ite markets operated fairly briskly. several inquiries were received Iso has assisted shipments, the first stonmer taking 9,000 packages, rely consisting of yarn and Japan ese goods, Tt is probable that ship= ments in the next fortnight will be fairly substantial,—Indent and auction firms both' state that. their information all points to the dearth of stocks in the interior being the secret of thix sudden activity, course, it ix not news that stocks are depleted, but for long enough the tale has' been that it was impossible to secure transport. to replenish them. Yet this hist week there has been' nothing that dealers could not_set purchases away, which is very healthy sign, Cotte Yarn, ete.

Owing to Japanese buying and possibly to some lesser influence also, Chinese cotton and yarn quota. tions have advanced on the week, The feeling ix not very bullish and it is believed that the movement but temporary and that fall again very soon, During "halt session yesterday "on the Chinese Cotton Gols Exchange, the business done in yarn amounted to 11,300 bales and cotton 24,000 piculs, Chinese Cotton, ave:—Tungehow Shanghai, hens, 0/32) Ningpo, 331.50.

day's rates on. the Cotton Goods Exchange wer March, 30.80; April 0.905.3;' Tune, 91,65; July, 92.0 August, Cotton Goods Exchange for local yarn 6s, were:-March, 140,705 April, 141.40; May, 142.40; June, 142.60; Jul ect opened weak on lower New York advices and declined. furth on long Nquidation. Fully gout Booral, Mar fine Oonira, March, lly "good Broae'

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

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