Aug. 27.
Little change can be recorded in the markets generally since a week ago. What demand then existed for piece goods has shrunk still further, and transactions in privately held cargo are at a minimum. The auctions have also been under the influence of the uncertain course of events in Hupeh, although towards the close of the week there were a few brighter spots. For the lines of produce which China supplies quotations have shown 2 firmer tendency in London, but business is as difficult as ever, for local rates have taken a very big increase. The-reason for this is given as the floods up country, which it is believed will reduce crops considerably, The cotton crop has suffered a certain amount of damage from the typhoon, and the local speculators have made the most of it, forcing up the Tungchow staple to Tls. 31 at one period. The damage, however, does not warrant anything like these rates, for it docs not seem to have been particularly widespread.
Text read from the printed page and cleaned; old type leaves the occasional error.