E come upon perhaps the most speculative interest in Shanghai when we begin to deal with cotton, It seems to be inseparable from: such a commodity, and it may be remembered that a few years ago, when the Chinese went wild on the subject of exchanges, establishing them for every or no. conceivable purpose, cotton and yarb were foremost in their minds, All these institutions could not but be ephemeral, and accordingly have disappeared, but the original one (we it comes to the matter of the purchase of high-priced cotton, for a number of the mills in Shanghai also made large forward commitments at similar rates, and their profits will be to the same extent affected,
Text read from the printed page and cleaned; old type leaves the occasional error.