While Home prices are down about 10 per cent, from the Inst bookings, the piece goods business reported' during the week does not appear to Have been to have gone Jany further than the booking of a few Poplins. Some of these are for Autumn delivery and a certain amount for Spring a year hence.
Tu staples nothing is doing at all. Prices for such staples as White Shirtings are down from 5 to 8 mace locally on account of the absence of demand, Clearances from' stock appear to be quite good in all' lines except. staples.
No new woollen cargo can booked on account of the low prices. A fair amount of inquiry is being experienced for overcoatings, but practically no business has been conclud The Yuenfong Auction Conditions were a trifle better at the Yuenfong auction on Tharsday. although there is still mock room for improvement. The sale totalled 135 packages, and in the dyed goods section, quantities of which are now reduced to more or less off-season. proportions, prices were inclined to be steadier, the demand for Vene-inns and Velvets being sufficient to push prices up fairly satisfactorily. talions were also on the firmer side, but Poplins were. inclined to be little bit down. The tone for Grey's land Whites was distinctly improved, there being definitely more orders dealt with. Grey Shirtings improved a mace on the avera Chinese staple By local mills have been reported.
"The yarm market has been firmer
of fresh business coming out in pound, with @ certain amount focal yarn "and cloth, "Prices yarn on the Exchange have risen bout Tls. 14 on the week.
Deliveries from the mills have been In their weekly market report Messrs, J. Spunt & Ca, state:—China "Cotton—Outside of the usual operations at the Toeal Cotton Exchange, our market daring. the past week remained more oF less a dormant state, being practical-Jy. devoid of any' demand on the Dart of mills generally, yet. prices Jon the local staple daring the latter art of the week showed firmness which was due to the extensive local bull speculative operations, being stimulated by the continued low rates of silver exchange which has materially reduced importations here of the foreign fibre, as also the meagre arrivals of cotton from the interior caused partly an apparently smaller crop of last year and. partly bythe dificult Rransportation facilities in upriver Prices on the whole for spot advanced about Tls. 0.60
Rave showed an advance of from and forward contracts Tis, 1.25 to Tls. 1.50 when compared With those of' the previous week While the American market displayed an easier undertone, the Indian staple was rather steady owing to the better demand for stapled cot-
358,300 coppers=¥100
Text read from the printed page and cleaned; old type leaves the occasional error.