"greater part of the week China cotton hag been easier, this not only on account of the drop in American prices but also because of fears arising from the uncertain local political situation. At the close, however, prices are again stronger. The quotations giver on the Chinese Cotton Gonds Fxchange are as follows:—December 45.05; January 45.25; February 45.40; Mbwch 45.60; April 45.85: Mav 45.95. A revert reeardme the cotton operations on the ox-change states:—"The near months Shave declined more than the forward months owing to money tightness. The general sentiment of the market is bearish. Cotton is down owing to the mills working short, in consequence of whith the demand for raw material has decreased: In the market se are more numerous than buyers and actual demand is poor, all exports to Japan have boom stopped owing to the exchange banks not being willing to buy expert pila," Closing market prices ar as follow:—Tungehow Tls. 47 Hokoshi Ts. 45; Nanzu Tls, 434: Shensi Tls, 454; Kashing Tls. 43), Hankow Tis, 42}; Shanghai Tls. 45; Ningpo Tls.
Yarn—The demand for yarn continues small, trade being stil! hampered the tightness of money. Dealers are not inciuned a preference for next year. Cloth Jias been better and some sales have taken place, As a result of the: Ssence of demand for yarn more mills are every dav on short time, and it looks as if by China Now Year things will be. worse still, In the circum. stances there will almost certainly, be more short time and some mills may have to close down altogether. On the Chinese Cotron Goods Exchange the following prices for yarn are quoted December 171; January 174.10: February 176.40; March 177.40- April 177.50; May 177.40.:
Text read from the printed page and cleaned; old type leaves the occasional error.