(Weekly report by courtesy of Messrs, J Spunt & Ca.)
Chinese Cotton:—The market during the part week may be said to have moved on the whole in a steady direction and any sporadic downward Muctuations that took place were but une al political The greater portion of the from the interior marts wa applied toward fulfiments of pr vious commitments, and any surplus pressing requirements; irehases were done at prices istactory to sellers' demands The mills in general continue in their attitude of waiting for the time when the movements from the interior maris become heavier, when they anticipate replenishing their raw material stocks at more favourable rates or gures more in consonance with their views. While the probabilities may indicate a realization of their expectations, the healthy demand for yarn should not be disregarded a counteracting factor in strength ning the hands of holders of raw colton, encouraging them in their withholding polley for more favour able remunerations, as importations from abroad are still fairly prohibi-emption; this coupled with the fact that the general internal political situation Is of fraught with 80 gloomy an aspect og the Fumour-mongers are apt to Aeseribe the situation. "The indic abroad, and rather more transactions were reported during the past week than has been the ease for some time, Business, however, is still dull, and doubtless this is largely due to the ancial and political uncertainty in Europe.
Text read from the printed page and cleaned; old type leaves the occasional error.