The Archive · 1926

Piece Goods

Practicclly no business falls to be recorded in piece goods apart fron: the suctions. Dealers' have very. little of interest to report exec} that in the interior the demand pears to be smaller than recent Up to a week ago clearances been good. but there has been falling off in the meantime, In woollen goods there is rec cally nothing to report.

At the auctions a very much weaker speculative demand was shown for Blacks than has recently teen the ease, and for there the ope bids were five or six mace in many cases below the values realized. reason of purchases on the part Ningpo of the heaviest weights. Greys were probably the steadiest feature in the auctions. The Korean market for Whites absolutely flat after pronounced activity, and apparently no orders were in hand, the result, being that these qualities fell abet six mace. Inthe ease of the qualities for Chinese contampticn, the drop was by no means £0 pronounced, amounting to avent 12 mace, although again little interest was displayed and few orders were in evidence. It seems undoubtedly. that the general tone of the market har been adversely affected since a week ago. Up to that point the "undertone had been generally good, bat the higher rates of terest due to the approaching settlement, events in Crangsha and certainty regarding the north appear to have combined to induce a rent outlook.

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

Your account