The Archive · 1926

Piece Goods

While it is true that a few ness is anticipated from them, an: they can only be described testing the level of prices. There is, perhaps, a little genuine demand for Korean chops of Whites, and these seem to bs nearest to the true market value of any classes: lof goods. Even 0, local values are about 5 per cent, out compared with Home quotations.

Again the quantities at the auctions were on a very reduced scale, and a similar procedure to Inst week was followed in two of the sales. The small quantities for disposal had a. steadying infidence on the market, and where Jan improvement was observable last week it was generally maintained if not enhanced. There was an irregularity about the market, for while at the beginning of the week Tientsin and Tsingtao were! purchasing to a small extent, thay. fewer quiescent at the close, thi opinion being expressed that Tientsin was somewhat overstocked, the merchants there have been: unable to dispose of late purchos: s, In contrast to the above situation local purchases were small at tie beginning of the week, on account of the difficulties of railway: transport, whereas at the close the local market gave support to Grey and presented a fair inquiry for Waites. Chinkiang was also a buyer of Italians.

important feature which developed at the close was that for White Shirtings for the spring trade more enthusiasm was displayed on the part of speculators, and values: show a tendency to' appreciate. While Korea has been a good the transport to Shanghai impossible.

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

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