China Cotton—A substantial advance in China cotton has again been registered during the week, certain varieties having gone up Tls. 4 per picul, and the position is giving the millowners a considerable amount to think about, as the advances in Yarn are not keeping pace with the raw material. Some very interesting Chinese reports on the situation are current. One of these points out that cotton is arriving in Shanghai to the extent of 9,000 piculs a day, the proportions being as follows:—4,000 Shanghai; 2,000 Tungchow 3,000 between Hankow and Ning-
Text read from the printed page and cleaned; old type leaves the occasional error.