The Archive · 1923

PIECE GOODS

An element of considerable satisfaction in the piece goods market is the tact that Chinese dealers have during the week actually advanced their prices beyond what it is believed consumers are at present prepared to pay. This indicates that they anticipate a continuance of the present strength in prices, but it has to be recorded that even at these better rates it is as yet impossible to meet Mamnchester's rates, The position, therefore, is that with low stocks here the volume of business in progress is of necessity small, with few orders going forward.

Probably the most important feature of the week was the resumption of ihe piece goods auctions. These had been discontinued pending the settlement of differences between the auction firms and dealers respecting conditions of sale, etc., but these have now been adjusted. Only slightly larger quantities than usual were offered, but the advance in price attending upon {them suggests the probability of higher values being attained during the next week or two.

The demand for Bradford goods during the week has been satisfactory.

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

Your account