In the piece goods market it is satisfactory to note that inquiry on the part of native dealers is expanding. This is due to the shortage of stocks and the easier financial situation bringing dealers into the market. Actual business done, however, is limited in the extreme. In second-hand: holdings there has been a distinct" ly better movement this week.
Very much more support has been accorded to the auctions this week than for a fortnight past, but obviously the drop in cotton has had no effect on the spot position of cargo. Any influence it may have had has been easily offset by the operations of the speculative section of the dealers who have come into the market in force. Especially towards the end of the week the demand for Whites proved stronger, while there was a good tone generally for Blacks. Venetians, Velvets. Dyed Jeans and Italians all finished higher.
Text read from the printed page and cleaned; old type leaves the occasional error.