In their weekly report Messrs. J. Spunt & Ca. state:
China Cotton: In our previous circulars we forecast, lower rates which during the past week have deen" fully realized inasmuch "a3 prices have declined about Tls. 2.00. for. October/November _deliveries and about Tls. 1.60 for forward deliveries lower than those eurvent during the previous period fand after a temporary reaction' of about Tis, 1.00 per picul the mar-Ket veaurned. its. weakish tendency atthe close, The general antici-
Yarn: Nothing bearish has Jcome to light since our last report was. ineued. at far as spot yarn concerned, although the futures market manifested a somewhat easier undertone due mainly to. the discouraging attitude on the part the Bull operators, "The general Heeling permeating the market that, no weakness is likely to deve-in this direction for some time come as the stocks are now very Tow. Some 7000 to 8000 Bales various counts and chops of motive fand British products have change' hands between dealers for export to different Chinese ports, Shanghai, Spot ex-nil B-Ginned, Spot ex-mill Shenst Ordinary, spot ex 28.00"
Bane' of the Markets—Wes
Text read from the printed page and cleaned; old type leaves the occasional error.