Seareely Any Activity Noticeable in Cotton Market:
Upward Tendency in Paper Continue Shanghai, April 17. PRICES at Thursday's auctions were still higher, and there is still at steady demand.
'The slow demand for Mills' output, the absence of any material offtake on the part of spinners' and the reactionary tendency in the American market were the chief factors influencing the cotton market, there being hardly any activity noticeable during the past week. Demand for yarn con~ tinued, though on a very meagre scale, during the week. Exporters of silk are keeping oot in expectation of lower prices, while prices for timber locally are still below those on the Pacific Coast. The upward tendency in the paper producing countries tinues unabated, and the local market is finding it increasingly difficult to adjust itself accordingly. Dealers, fearing a setback, are not very keen to place orders at the present time,
Text read from the printed page and cleaned; old type leaves the occasional error.