New York, Sept. 4.
Demand sterling was quoted at.
of banking hours to-day compared unchanged with US. bar silver close at '524 compared to.528 yesterday.
The price of "domestic copper
j pound. remained unchanged at 18 conte The wheat market (Chicago) No. 520 hard, which is accepted. as par closed lower with the following certain amount of new business has been brought to book by the Mills. The new crop of China Cotton is expected to be available in quantity towards the end of the month and Mills have been contracting for their early supplies.
In their weekly report on China Cotton and Yarn, Messrs. J. Spunt Ca. write:—
China Cotton Our market during the greater portion of the past week evinced firmer undertone, and prices on the whole showed an advance of Tls. 0.50 to Tls. 0.75 per picul. The movement was rendered more [vigorous by the covering of shorts which was influenced by the steady advances in American markets as Chun Men: Demand is mainly [confined to the remaining fine teas, principally Moyunes, though a little note interest has also been shown in lower grades at cheaper pric Sow Mees: The brisk demand on which the week opened has shown a slight falling off, and although a steady volume of business has been done the former pressure has not been maintained. Prices are slightly easier, Pingsueys: The market is firm. A couple of chops have been sold uring the week and several broken, ati on.about the same basis as that, hitherto obtaining, but tea men are jow holding out for prices fully as high as previous settlements despite the fact that the quality of their offerings is declining. auotatons: Ang a1 Sent: 4
Text read from the printed page and cleaned; old type leaves the occasional error.