The Archive · 1923

Cotton and Yarn

Local Cotton.—Despite the heavy American fall, there was not much change locally for the greater part of the week and the business done was very small. Yesterday, however, cotton kept pace with the sudden spurt in yarn and there were quite a number of transactions put through,' at somewhat lower prices. The latest quotations are:—Tungchow Tls. 30.50 Shool 40,00 Hankow " 6.50 Yarn.—Though there were few sales, there was a very active inquiry all through the week, and yesterday there came a regular rush of Susiness,, so that the Exchange was kept open for two hours beyond the usual closing time, 19,400 bales being reported to have been done.

Text read from the printed page and cleaned; old type leaves the occasional error.

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