The Archive · 1926

Cotton, Yarn, Ete

Chinese Cotton—Little interest has been taken in Chinese cotton during the week by the mills, ar in the absence of orders for yarn there is no present inducement. to buy. Spot quotations are 2s fclexp). Yesterday afternoon's closing quotations on the Exchange were a5 follows:—October 31.50: November 8225: December 92.30: January 3235: February 32.45, Yarn—Owing to the war the yarn market has shown little life, and no new business is reported, while clearances have been affected, The expected demand for cloth from the orth has not yet eventuated, til inthe hand of the milterye hankow district approaches' ar

Spot quotations for yarn are as follows:10's 126/138: 12's 186/142:

188/145: 20's 147/159. The closing quotations yesterday afternoon on the Chinese Cotton. Goods Exchange were as follows:—September 140.10: October 141.70: Novem ber 142.80: December 143.60: Jan-ary 144.10 February 144.50, American Cotton—Private crop estimates again put the position lower as to condition, New York quotations:—October 17.66: December 17.79: January 17.87: March 18.08: May 18.25: spot 18.75: highest October 17.80: lowest October 17.66. Liverpool quotations:—October 9.45: January 9.35: spot 10.14, Egyptian Cotton—Sakellaridis spot 17.65. Alexandria quotations:—Sakellaridis November 83.12: Jan-vary 32.50, Indian Cotton—F, G, Bengal December/January 264: Fine Oomra December /January 313: Broach April/May 926, Sampin—Thursday afternoon's ng:—September 228.10: October 229,90: November 230: December 280.20: January 231: February 231.50: March "230.50. Yesterday Jafternoon's closing:—September 227.50: October 299: November 229.90: December 229.00: January 229,80: February 230: March 281, Tea In tea the week has been very quiet, a general absence of business being noticeable, Keemuns—Atrivals now total 88,000 h/e, with settlements 72,000, prices ranging from Tls. 40 to Tls. 80. An advance of from one to two taels has taken place during the week, but business has been small, Ningchows—Arrivals are 48,000 h/e and settlements 20,000, pric being from Tls, 35 to Tls. 65. Since our last report approximately 1,000 h/e have been dealt in, Chunmecs—Arrivals amount to 125,000 h/e, of which 50,000 have bysen sold at Tls. 52/106. Some 4,000 packages of sinest Chunmees have been sold during the week, and the market is rather stronger, Points—Arrivals are 175,000 and settlements 46,000 at Tis, 138/75.

Gunpewder—Arrivals are 18,000 h/e and settlements 9,000 at Tis.

69/81, Country Chops—Arrivals are 20)- 000 h/e and settlements 15,000 at Tis, 55/02.

Pingsueys—The total arrivals since the opening of the season ave 160,000 h/e and the settlements 140,000, During the week prices have fallen from Tls. 4 to Tls. 6. silk Much more activity has been dine played in the silk market during the week, and a considerable business thas been done in high grade, new style Tsatlees and Steam Filature: Practically all purchases have been made on behalf of America, and Lyons is almost entirely out of the market. For these qualities prices have firmed since the activity mentioned. Other qualities of local sill: are neglected.

In Canton silk a fair amount of business has been done in the south during the week, America being purchaser, and prices ave again higher,

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