China Cotton—In consonance with the rise in the price of the Amer:
table, China cotton has adxanced during the week, and on ths last working day of the local Ex. change prices for January delivery' were about Tls. 1.70 per picul higher than at the end of last week. Various purchases of cotton are ro. ported on the part of the mills, but on the whole they are said to have been more interested in Indian has been consigned to branches of the United States. Mint, October an arrangement " was made between the Royal Mint at Ottawa and the Ontario Mi whereby gold bullion will n future be received at the Royal Mint, coined and transferred to Canadian banks to the credit of the producers. The desirability of method of marketing bullion hax been emphasized by the return of} [Canadian currency to pay and further by the fact that American exchange has recently been selling at a slight discount. Advantage has been taken of clause 5 (1) of the Royal proclamation of 1907 establishing th Mint by which any person may bring bullion to the Mint and have it struck into gold coin, Under this scheme a saving of approximately $46,800 per year will be made by the Ontario "gold mines on express ates; the calculated saving being baked on an estimated output $80,000,000: "The Finance Depart ment has agreed to allow the Mint to] (sell the: silver: contents of the bullion sand to account tothe owners for the sales receipts." cotton than Chinese. The last session of the Chinese Cotton Goods Exchange was on Tuesday, and will remain closed until January owing to the settlement and holi-Cays. The closing quotations for the day mentioned for cotton were follows:—January 3.40: Feb March 34.20: 84.25. Wednesday's spot fouotations were as follows:—Tung-Shanghai 21/33: Shensi 98/34: Ningpo 82, Yarn—The price of yarn has followed the higher values for cotton, and on the week local yarn is up by about is. 5. A better feeling in this branch of trade seems to prevail, and while deliveries have improved, more extensive purchases both of yarn and locally manu factured cloth have been the case. The Inst quotations for yarn on the Chinese Cotton Goods Exchange, those of Tuesday, are as follows: January 160.20: ' February 1517 March 152.10: April 152.4 ind) 152.50.
Spot quota nesday were as, 198/142: 12's 142/147: 16's 147/150: 20's 156/167.
American Cotton—On the week American cotton has advanced to the extent of 100 points, While at cone time a further rise took place, tie quotation subsequently receded. New Yorke quotations:—January 10.65: March 19.62: May 19.12: July 18.75: October 18.11: spot 20.45: highest January 20.20: lowest uary 19.65, Liverpool quotation: 10.07: October 9.74: spot 10.38, Egyptian Cotton—Sakellaridis, spot, 17.40, Sampin—The market at Osaka is closed and will not re-open until the 4th.
Text read from the printed page and cleaned; old type leaves the occasional error.