Some excitement was caused by the sudden rise in cotton quotations and the further news that Manchester confidently anticipate higher rates for a long time. This cai a fair amount of buying late in the week, but at as low a figure as could be obtained, any attempt at raising prices promptly checking a deal, up-country people taking the view that prices will be very much higher in the spring and they will then be able to unload at a substantial profit. Operations of this character might conceivably have been much greater than they twere, but, as wae stated last week, financial facilities are not very easy just at present. The native banks are busily arranging credits for the ensuing year and re is a report that several of them have been hit!yather badly by a deal with a ring of dye: mterchanty and have to go very carefully.
Text read from the printed page and cleaned; old type leaves the occasional error.