The Archive · 1923

Cotton and Yarn

China Cotton—Purchases by spinners have taken place to quite a fair extent this week, and further strength has been imparted to the cotton market in consequence. At the same time it is understood that speculators who had sold short have been engaged covering their position and accordingly prices have advanced. Thursday afternoon's quotations on the Chinese Cotton Goods Exchange were as follows:—October 42.20; November 41; December 40.20; January 40.15; February, 40.20; March 40.40. Yesterday's closing, market prices were:

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

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