Broach was quoted at Rs. 557.
Mr. H. F. Bell, in his anonol re-Jand though with some ups and] The local Indian yarn market is Port on exchange writes—downs this advance continued right) vers dull. Bombay also reports" Joe la a Re cmarrct Guring the' highest point touched being 794) from China. There are no buyers on to the end of ti year, the weaker market, owing vices nature that a comprehensive re-|28 reported on December 17, 80 because shippers are out of the ort would seem to be rather—ajthat the rise from first to last, was market. hopeless business. from 473 to 79 $—31 3. During the week the local cotton know of the big cash premiums "oficial" rates, the lowest was|*tandstill, only some speculative All who were in Shanghai will] T. T.—Dealing only with the market hat been practically cate that were "going" from time tejon March 8 and 10 4/6 and_ the pared aving been done. he time and exporters will know, too,|highest 7/10 from December 15 to following are yesterday's nominal to their cost, of the high rates that|30 (but during that fortnight pro- quotations: ities they had to face with their _bills. bably 1/- over this rate was done). tungchow Is. As all my records of Exchange Though exchange was so high at}. Shanghai have been of the "official" quota-, the end of the year, the average a " 38 tions, the same have been adhered] for the whole year works out at NitgPo, to, though I am fully conscious only 5/7 3. Hongkew convey the true state of our! are: Shanei IZ that these official rates do not The last five years' averages meet aod market Silver—The lowest' quotation ae sake Sux. was 472 which remained unchang- H There is nothing to report, there ed at this price from February 24 lois 4/ett 1917 3/10; r rd A 3/104 having been 20 business owing to to March 26. On May 910 informa- me sit the shortness of supplies, and the tion arrived that the Government high rate of exchange. restriction on silver had been remov- Average rate for 5 years 3/101%- ed, when a marked advance 'n] Average rate for last 10 years the price of the metal took place,' 3/214. VAST COTTON ORDERS.
Susaury or Exouance Hiouest axp Lowest London, Dec. 24. With Average Monthly Rates 1919. The Manchester exchange report-}ed record orders for cotton yester-'Hionrst Lowest day to the value of £20,000,000, from India and the Far East—Pat as om as EY Reuter.
ay 8 TT. 33 a +5 HONGKONG COTTON MARKET.
Jan. Jan, 48% 5 9/94 Jan. 54 The Chamber of Commerce All All Hongkong, Dec. 31. Feb. {7 48%, 5/- 5/23 27 472 a)7g 4/103 4/9%' ES cotton-yarn report for December Mar. 31 493° 4/8 4/103 8.11 473 4/6 4/8 iE 4/7%/ Sli says: "Infinitesimal business was April 12-30) 492 5/- 5/2 " 28-$ 488 4/83 4/103|'3 4/913 2 2 transacted during the month, not-cee orcin? S2 48h alnly) 5/1h) SIN ZF withstanding the heavy deprecia-Tune 18-19] 54% 5/43 5/62 3B 535 5/24 5/45 53H [so Sri 4 7 July 31-43] 55z 5/6 5/84 34 [53 5/3 5/58 5B) gin ton, of the rupee, exchange. Aug. 28-9) 612° 5/113) 6/2 1 5535) 5/6) 5/84 5/93 Z= Dealers appear unwilling yet Sept. 25-7 638 6/3 6/6 1 58 {Spo 6/-3 6/-2 5% improve their bids as the result of Oct. 30-31) 664 6/8 6/113 11-14) 623 6/3 6/63 6/4} the slackness of the country Nov. 26 76 7/4 7/8t 1 653 6/6 6/9} 1g [32 demand. Importers were prepar-Dec. 17-48] 794 7/10 8/2¢ Highest 12¢ ce TA 718t it Z5 ed to sell at previous rates. Quotations were, tens $220/255 Average Rate for 1919 5/7% twelves $237/275; sixteens $290/-
Text read from the printed page and cleaned; old type leaves the occasional error.