Interest at present'in piece goods {is confined to the stock position which is firm in every line except Spring Fancies, and as trade demand practically over for these unt next Season, holders must carry lover balances until interest revives.
White Shirtings are inquired for to 4 limited extent, but prices do us:
ily advance' s the merchants always nervous that the Jo nese holders will force sales. At present there is little movement Japanese Whites, as importers have raised prices from three. to "five mace, The main activity during the ast, week has been in Twi allans and Venetians and prices for these have in many instances advanced fully ten per cent, due 2 speculative purchases. These goods have started to clear more freely, but. dealers have expressed ths opinion that prices will not readily advance further, and unless they do there is little of new mess and at the moment this is seldom discussed. Clearances have improved, but are held up for Tien. tain pending a settlement of the Customs dispute.
The Avetions At the Kungping auction on Tuesday the trade again showed a keen plans, Venetians and pinted and prices again advanced. White Shirtings were irregular and bidding slackened at last week's price level, while Greys dragged slightly from lack of Ningpo support.
'A certain amount of reaction was! shown in Blacks at the Yuenfong auction on Thursday when 74 pagkages were disposed of. This, however, was not unexpected in view heavy rises. Italians Greys, mace lower, while Whites higher. So far as dyed ials were concerned the only goods to continue the previous advance were Velvets, which remained very strong. The speculative element showed a quieter frame of mind where Ital concerned, and the only chops which continued to advance were those for Hankow and Changsha, where the 7,229] improved political ation seems to have helped matters. Greys were definitely dull, but there was a better demand for Whites, there being more general orders from the River Ports and for low grade goods. Korea was also one of the terested markets, but the Customs. tuation interfered with my possible trade from Tientsin part of week was disturbed by the Enprecedented heavy drop in' the Bombay cotton market on the 25th instant when quotations from that part indicated declines over 20 rupees per candy from the level last reported. These circumstances caused "a general liquidation of Speculative holdings and at the sane time a fair amount of short selling in the local exchange, evolving a net change in prices for the week' for a total decline of Tls. 0.50 per} picul when compared with the rates} ruling the previous period. Having! in view the foregoing, there is Tittle reason to expect a further, heavy. price recession in the near' fature, but one need not anticipate] anything like a return to higher: prices prevailing in the' immediate future, in that a great deal will depend on the movements in the: foreign fibre as well as in that tthe silver markets, 'Yarn—In sympathy with the precedented decline registered in the sampin market, coupled with' non-improved demand on the part} of exporters, our market during} the week showed a decline of Tis 3.50 to Tis, 4.50 per bale from the level last ruling. Business for export has been booked some 8,000 to 19,000 bales in all counts & chops during the week under review.
Text read from the printed page and cleaned; old type leaves the occasional error.