The Shanghai Japanese cotton yarn market has again become very active this week, says the Kuo Wen News Agency. This is due to brisk demands from Hankow, Newchwang and other Northera ports, on account of the reported capture of Poking by the Nationalist armies and the possibility of Peace in a re-united China.
The local Chinese weaving and knitting factories also bought considerable quantities of Japanese cotton yarn yesterday and the day before. Japanese cotton yarn interests in Shanghai have, therefore, became rather optimistic over the general situation and believe that the anti-Japanese boycott movement soon die out.
Text read from the printed page and cleaned; old type leaves the occasional error.