The following woakly report is provided by courtesy of Messrs, Bpunt & Cos Chinese Cotton;—Notwithstand-fogg the fact of there having. been Very ithe. demand for the local Maple during: the past week. prices continued. inn "wendy direction with 'a\ tendency "toward. firmer Tevels. ° Thin may be: attrvated more or fess degree to the con finuedstendinens in the foreign cot ton markets. which impresses the fade' in general with the fact that the domestic growth iv the cheapest raw material for local consumption the present tine. Tt cannot be eainsaid that. the 'Chinese. ent ton rep ts insufficient fully to. satisfy the" demand from all-spioners thie country, eaneequentiy a con: siderable quantity of the' Americun and Indian fibre' has to be brought in" very. your but owing. tothe Fatey of exchange importa: tions of the foreign staple: may raid 10. have been negikivfe up to iis stage of the nenson-" However, either: further appreciation of the Indigenous growth or more favout= able rates of exchange will (end to bring about. a olofer. parity" with the rales ofthe imported" cotton find Ye seems. chat such. an event wil scone" Tate' he' eae beam made by the bears to depress ough strong. attempts have
Prices of neat' deliveries such 8 evement han not proved (0 be ale: and last but not least there will shortly occur the China New Year settlements, a season when holders like to realise a little cash.
Text read from the printed page and cleaned; old type leaves the occasional error.