Due to a seasonal slackness, bu: ness has been very quiet during the weed Indian and Jocal cottons have been moving rather erratically lately. There was a big decline registered in Bombay a couple of days ago, which was followed by a recovery to some extent yesterday. The downward course pursued by American cotton for some time past showed a reaction yesterday. The local market seems to be entirely speculative Very little demand for cloth has been experienced.
In their weekly report Messrs. J. Spunt & Ca. stal China Colton—The firmness of the cotton market during the early have been principally centred: in Sowmees, in which class of tea a fair volume of business—for this this season—has been done during the week.
With regard to Chunmees, although there has been a little competition for the very finest, what general demand there was has dwindled a good deal, and far less business has been done this week than last, in spite of low prices land exchange.
Hoochow—The market is now open and several chops have been bought for American consumption. There is also some demand from Africa for. the first lines and a moderate amount of business had been done,
Text read from the printed page and cleaned; old type leaves the occasional error.