No special feature falls to be recorded in piece goods. Stocks continue in limited demand, and prices for Blacks tend higher, wi the North showing" more interest, 'A certain amount of price testing taking place, but the results do not seem to have led to business, Tu most cases the margin between local values and replacement costs cannot yet be bridged. Probably the nearest approach to business has been in one or two qualities of White Shirtings, where a decided drop has taken place in the Home price, but apparently dealers have Tot yet raised their figure to that requisite for business.
As a result forward interest has Met been sustained. Clearances show signs of improving.
Woollens are reported to be clearing more readily. Harbin has been in the market for the Manchurian trade, and it is reported that some forward booking has taken place.
The Auctions There was more live inquiry at the Kungping auction on Tuesday than has been seen recently. Tientsin showed itself as a purchaser, and bidding was keen. The greatest terest was shown in Black Italians and Venetians.
'There was much activity at the Yuenfong action on Thursday, with signs that demand is increasing' all round. The quantity sold was 102 packages. All dyed goods were extremely strong, inquiry apparently coming from all quarters. Vene-tinns were up nine mace, ~while Velvets, which were extremely well red, registered an average sre again higher, being up three and a half mace, bringing the total rise since the beginning of the year to something over Tis.
piece. It was impossible to Single out any market as quiet, all buyers being keenly interested in securing supplies which, of course, are recognized to be extremely short in all dyed goods. For White Shirtings there was also a general improvement, the Korean market continuing very strong and these qualities were up something like a mace and a half. There is no doubt that the realization of the shcrtnes, of cargo is having its effect on the market, and there seems a good prospect of more activity in the autumn,
Text read from the printed page and cleaned; old type leaves the occasional error.