The Archive · 1934

PIECE GOODS

Holidays may have interfered with business, but with the market in its present dormant condition, the effect of three days suspension of trade is scarcely felt.

No new. forward business has been negotiated, and although spring cotton goods for, the proaching season are arriving here Row, little or no interest appears to be taken in them.

Clearances of woollens are very slow, but stocks generally are low. Occasionally tailoring orders are being placed, but there is no bulk [business. Prices locally have distinct downward tendency. review was nil.

Japan and New York ennained steady at last week's i RICE ae rhout the week, Al The lee market, has, been unduly essed thre prices have declined about 16/40 fe Bente for various qualities, due mostly to 50,000 bags being sold ab well below, market. prices, dealers ave afraid"that these 50,000 bags may depress the market and bring down the price of Chinese rice in which case speculators will buy and make a profit, without, the mar Ket prices advancing much further than what it was two weeks ago.

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

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