Shanghai yy 21.50 Nanzu 21,60 Taichong Shensi I 23.00 Shensi IT ry" 20-22
Local Yarn~-The healthy position of the local mills is this week emphasized by the receipt of orders by several of the companies for May-June delivery at an increase of from a half to one tael. The orders are for 14's and 16's principally. Clearances continue to be excellent, and the impression is that higher prices are to be seen, especially for spot cargo, As showing the position of the mills, we may be permitted to quote valuable figures which Messrs. Libert & Ca, have compiled, and which are given in their circular issued to-day. These statistics show the offtake of yarn for this year and the same period of 1920, and are as follows This year 280,453 piculs Last year 216,950, This is a most satisfactory showing, and bears out our remarks on the excellent condition. of the industry. Cloth still fails to go into consumption at the same rate as yarn, demand being only moderate.
Text read from the printed page and cleaned; old type leaves the occasional error.