Messrs. J. Spunt & Ca., in their weekly report, write as follows:
'Our market during the greater portion of the past week showed a firmer aspect, and prices gradually moved upward evolving an advance of Tis, 0.50 per picul higher than' the level current as last reported. Such strength may be said to have. been influenced by no other cause than that of the continued weakish tendency in the silver exchange. the close, however, there evolved an teasier undertone in the rates, in sympathy with the bulls unloading, which was intensified by the slight reaction in the Gold Bar markets as well as by the non-improving demand in the yarn circles.
As far as actual business is concerned, such continues in a stagnant. feondition, and the demand on the part of local spinners has been of a very sparing nature, and absorptions were only on a_ hand-to-mouth basis to meet their pressing requirements, as they still anticipate that lower rates on the local staple may yet be experienced, though such realization may not' cover any animation with much higher priced in-all grades except New Style, Al big advance is recorded in Yellow, Steams and Tussahs as Dealer stimulated by the, big drop in, exe change continually' advanced prices The bulk of purchases is probably) due to Bear, covering:
"New Style. INLY, Blue Dragodt and Feima Ex, 1,2 Tis, 740 avy Lion and Scale 1, 2, Tls. 6924 ave Blue Horse 1, 2, Tis, 6724 ay, Silver Olive Ex. 1, Tls. 6724 ay. Condot, Ex, 1, Tls. 656. ay.
Steam Filatures.—A _certai amount, of business is reported which includes Gold Double Eagle Ex, 1, Tls. 1,135/60. Gold Bear Exy 1, Tis, 1,100.
Yellow Steams—A good busines has been dene, chiefly In Mienchews, Prices show a rise of is, 100 ith weeks. tome instances, during past twd
"Mienchiews—Double Extra, Tix, 1,100, Extra A. Tls. 980/1,000, Extra C. Tis, 950/990.
Tussah Filatures 8 coc—Exten 1, 2, have advanced from Tls. 420 Tis, 470 ay, the bulk of purchased being at Tls. 470 ay. lengthy period of time, Looking at the situation broadly, meri we still consider a higher level of prices, but we cannot encourage our friends to follow the bulls teo far at, the moment, as the Chinese n Stk in 8
"e827 97900 20,800 24,100 absorbing offerings able rates, and of which advantage should be take The firm tendency in the yarn market continued during the early. part of the week, and prives showed 'a further advance of Tls. 2.00 but toward the close, due to the small demand from exporters, prices reacted about Tls. 2.00, Business for exper indicates that, about 10, 000 Bales have changed hands beth for spot and forward deli
Text read from the printed page and cleaned; old type leaves the occasional error.