Our market during the week under review has proved through-Gut to be rather sluggish and pri ruled about five to seven ma lower than that prevailing during the previous week with hardly any demand on the part of spinners who are now busy with replenishing their storing space with pre~ iously and timely ordered Indian staple, The holders of stocks are appar-cently well fortified financially and cevinee no keenness in making offerings particularly better grades, ing convinced that sooner or Tater general demand for the local Staple will arise when they will part with same at prices more in keeping with their expectations. However, at the present moment, i€ difficult to foresee to what extent such will be realized having in view the still weakish tendency of the Indian fibre and the heavy stocks of Shensi cotton locally; factors which should be carefully watched from day to day and which will deter-ryme the trend of the market in the near future, Kangping Report Yarn Our market is more quiet and nervous. There can be no question but that dealers fear further weakness in local values through continued activity and free offerings of Japanese goods and they are ready to concede some of the recent price advances in White Shirtings in order to keep stocks moving. Yangtze and Changsha shipments have rasured this week. Although clearances are still fairly satisfactory, there has been on evidence of bulk demand from any of the consuming centres, Tuesday's Auction We found both broken and Merchants nervous over the early -}exeitement of Japanese purchases. Thelx bidding throughout the sale ras very slow and in many inst es commenced much below last week's level, This was particular-noticeable in the case of Greys, only a few chops of which we kept steady by Ningpo inquiry. Actua} trade orders were small and Fluctuations in the yarn market during the past week have. been trratie, ut the tendency out whole hasbeen on the easy side, And prices declined about a tach 48 compared with last week's level. Business for export has been book= 000 to 6000 bates in all counts and chops.
Silk There is a little more doing this, week at slightly lower prices, with fair demand. from Europe and America, "Apart from this there {8 nothing of especial interest to port,
Text read from the printed page and cleaned; old type leaves the occasional error.