The activity which displayed itself on the Stock Exchange last week—in the cotton share department—was fully maintained during the early part of this week and the prevailing sentiment is one of confidence. The factors making for this better feeling are comprised in the sharp recovery of yarn in Japan and the booking of good orders by the local mills during the past fortnight. As a consequence a considerable amount of new money is said to have been introduced ixto the market, and shares are generally strong.
It is reported that business io the extent of half a million tacts was actually done on Sunday, while as showing the extent of present transactions another report credits one holder with having disposed of shares valued at about a million taels during the past few days. Some of the present strength seems undoubtedly to be due to renewed interest on the part of the genuine investors. A number of those doubtless took advantage of the high prices which could be obtained a few months back and realized a handsome profit, and by re-puechasing at present figures they are assisting the market.
Text read from the printed page and cleaned; old type leaves the occasional error.