Pacific Coast are easy, and this had its natural reaction on the Shanghaj market, As dealers are faced. with uncertainty as to the future trend of rates they ate at present holding off from buy! In the meantime, however, Shang steady although lumber cargoes in Shanghai ting the past week, and local stocks may be described as high. At present the offtake is certainly not meeting the average of arrivals.
"The market for teak continues te be dull, and little inguiry has Leen experienced during the week.
'Very little change for hardwoods can be reported, and no special activity has been shown' recently.
Text read from the printed page and cleaned; old type leaves the occasional error.