The Archive · 1938

Bombay Cotton Market

Bombay, Jan. 29.

Favourable Broach weather in the Gujerat, the near approach of the crop movement and the debacle of the share market have been factors against the cotton market during the week under review, Export business has been rather active, but there were no signs of a sustained improvement in demand from either Lancashire or the Continent.

Conditions in respect to the Far East are likely to deteriorate, so long as the conflict in China lasts.

There has been a rather better demand for Oomras and spot, but it appears that the domestic mill demand is falling-off—Reuter.

In industrial bonds Krupps weakened % to 103%.

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

Your account