Although there has been no great mount of business passing in during the week, prices "have very considerably, the ad: vance amounting to. some. Liis. "6; onthe local. Exchange, ite seems in part 10 teen caused by a. Chinese mill have
cerned having. been, to bay Ing fled and, the Erste, in their shorts of both yarn. and gotten, cotton having advanced evoe 1,1 per picul.
american cotton is rather easier, while prices of most Indian cottons are prohibitive.
The "new Consolidated Tax on yarn'is reported to take effect. 3 from to-morrow, but at. the time of "writing there "ate. no details available, ances have been only moder-the ease of yarn, while loth Continues Fai" tive,"
in their weekly market report Messrs. J, Spunt & Ca. state! ton:—The demand for 'The actual cotton during the past week: tay'he recorded, a5 having Seen negligible, nevertheless "prices on the local' Cotton, Exchange moved gradually to higher levels, shawm of about half tael higher ped pica about half-a tae) higher per pica for both near "and. forward' deliveries." Such appreciation: in the absence of any "pressing demand from spinners' is' ascribable to. ther influences than the continued Steady' and' at times American and Indian markets coupled
exchange, rates. In carefully"
the sti existent low aver Serving the trend of our market from' day to day it become obvious that the fluctuations in the value' oft siver more of ey command ately encourage advances or effect depressions in the value of the dommestic staple and naturally the Came conditions apply: also to the yarn market." However, the nearer We approach the Spring Festival Jand 20 respectively. Several speakers denounced the Chinese ing 'Christian converts and advocated few days when silver improved, 'Only very small stocks of domes-People's Principles, should replace tic wheat are in sight, Dut the fewheeae si ones ished by holders' and the quality of the grain do not inter-fest Jocal mill The new crop of native wheat is expected in May/June, and until month are as follows:—No. of No. of then mall rebably have taal ce ate irely on imported wheat, Strikes. affected, days lost,
Text read from the printed page and cleaned; old type leaves the occasional error.