Yarn—Following the reaction in the price of American cotton tear movement is apparently in evidence to depress the price of yarn. There seems to be an interesting speculative situation on the Chinese exchange, for while this bear movement is in progress there ig also a suggestion that the bulls may succeed in' working a corner Owing to the short production of the mills. On the Chinese Cotton Goods Exchange the statement is current that only 40 per cent. of the total capacity of spindles is being worked. Buyers of yarn are. few owing to the tightness of money, and on account of the recent drop in sampin they are withholding inquiry for the present. The fellowing comparative quotations for yarn on the Cotton Goods Exchange are of interest:—November 30—December 177.20; January 179.20; February, 183.30; March 184.30; April 184. December 7—December 171.20; January 173.10; February 174.50; March 175.80; April 176; May 176.
Text read from the printed page and cleaned; old type leaves the occasional error.