Owing to the New Year holidays dealers have shown very little interest in business during the past week, and inquiries are few and far between, Market prices continue yule steady and there has been a certain amount of speculative buy~ of stock lots at prices well replacement costs on the present basis of exchange. Yangtze ports appear to be showing move signs of interest as regards purchases of spring cargo but northern ports ave practically out of the market 1 account of the new developments the political situation in those areas.
Yuenfong Auctions The unfavourable turn of events in the north and fear that the Japanese action at Shanhaikuan.
be the forerunner of more trouble caused anxiety at the Yuenfong auction on 'Thursday. The general tone was not too robust, particularly in certain qualities of white shirtings, owing to dealers having' received instructions temporarily to suspend shipments to the north," The average fluctuations were venetians 1h mace down, velvets 3 mace down, coatings mace "own and italians 1 "mace down, while grey goods were A mace higher and while lower, "Clearances have naturally fallen off owing to the Customs closing for most of the week for the holiday Next, week's sale will be the last to be held before China New Year.
Text read from the printed page and cleaned; old type leaves the occasional error.