The Archive · 1924

Cotton and Yarn

China Cotton.—For some time! past thoro has been a great deal of business on the Chinese Cotton Goods Exchange, but, og already stated, this wack it was deserted in favour of the gold market and there was a distinct slackening of interest. There has been a report that Japanese mills in. Shanghai have purchased 6,600 to 7,000 bales of Indian cotton... Yesterday} morning's closing exchange quota. tions for China. cotton. were:—May, 46.95; June, 46.50; July, 45.85; August, 44.00; Septembo 40.90; October, 38.90." Spot. quot tions were:'—Tungchow, 49} Shanghai, 45}; Shensi, 46 to 47} Hankow, 45.

Yarn—This market suffered equally with cotton. Yesterday morning's closing quotation. the Chines, Cotton Goods change wero:—May, $130,000 170; July, 173.60; August, September, 168.00; October, 165. ant in Ge United "Seates herd Politica}. eonditiong' at Hom

joined in the eonspirdey to pre} Pent eeportard teoiab businees and, with the exception of a.slight

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

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