Continued depression can only be reported in the artificial silk yarn trade. As each out in prices made by the Italian producers, it is followed by more than a corres. ponding drop in local values. The position is aggravated by foreed sales at below market rates.
It is reported that only 25 per cent, of the Shantung weavers are able to operate and they are taking their supplies from Tsingtao stocks.
Rumours were in the market that Tientsin had telegraphed here on Friday to suspend shipments, but these reports have not yet been substantiated, The Iccal and Hangchow demand is helm filled from Japanese stocks in preference to European manus facturers. One, and the only, redeeming feature, is that pr silk piece goals, i
Text read from the printed page and cleaned; old type leaves the occasional error.