The piece goods market is reported to be generally better on the week. More inquiry from Yangtze ports is mentioned for Blacks, but while there this better tone, sales from secondhands continue tobe small and clearances can only be described as [satisfactory. " No interest is being taken in White Shirtings at the moment, Local values are generally steady. given that shows, recovery from its recent state of stagnation. Speculators seem inclined to look ahead, and show keenness to pick up cheap lots which may happen to be about. This feature has been also noted in other sections of the trade, In dyed goods the chief features of the week have been the higher prices offered for Velvets and the strength of the local demand for Black Italians, prices for which re slightly higher.
The Auctions There was no special feature to! report at the Kungping auction of Tuesday, Trade orders were scarce, but prices were kept fairly steady] by merchant speculators.
Yuenfong sold 93 package at their auction on Thursday, a slight increase on previous quantities. While the market was very much the same as the previous week, the impression was gathered that inquiry is improving. Dyed goods were strong, Vel vols being especially in demand with Black Italians also in favour, and these averaged slightly higher in spite of the fact that there is not) much doing from Chinkiang. It is, nevertheless, of interest to note that Chinkiang chops are a little firmer than a week ago, and it is probably' only @ matter of time until the port comes into the market as a buyer. White Shirtings tured easier owing to lack of interest on the part of Korea and little business eventuating from the River Ports. The general tone of the auction, however, showed. an improvement.
Text read from the printed page and cleaned; old type leaves the occasional error.