The Archive · 1930

Artificial Silk Yarn

There is some movement in the artificial silk yarn market due to nited purchases for the Shantung districts, but the buyers are naming their own prices, which are on a very low level, Their attitude is justified by the sale of several parcels by second hand dealers at below the current: Italian sterling: limits. The congestion of stocks of 120 Deniers, which are. being offered at sacrifice prices, is depressing the market for the heavier yarn, American cotton keeps very steady: at about 30 points lower than a week ago.

Locall the weather has been more suited for picking cotton, and [this also has, tended to keep the market weak.

'There has been no great weight of fresh' business with the mills.

Clearances continue fair. counts.

'Tae demand from' Tientsin is practically nil, and every potential buyer can find a hundred sellers.

Buyers for the local and nearby markets are holding off in anticipation of cheaper. prices.

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

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