Piece Goods Market Opened After Autumn Festival with Higher Prices All-Round: Strong Demand From Korea: Silk Prices Remain Very High Sept. 28, 'The principal feature of the week was the very satisfactory position' in Piece Goods. On Thursday, the: Yuenfong " auction totalled ' 248. packages and the market opened after the Autumn Festival with her prices all round. As a matter of fact we have to go back to Joly 1927 to find a similar market from Korea for White Shirtings. The high rate of Japanese exchange is of course, beneficial to imports from China into Korea and places! them on a more competitive basis with the Japanese imports. The same cause must be attributed the stronger tone for China White Shirtings as against Korean goods. This also applies to some extent in the case of Greys. In addition, of course, the smaller quantities offering are assisting matters.
The Auction Prices improved all-round and the following are the increases: Black Venetians 38 mace, Italians one: mace, Greys 14 mace, and White Shirtings 22 mace.
For Venetians, the demand from the local market and River ports: was very strong and Italians were much the same, except that Hankow and Changsha' were rather quiet. The general undertone, however, for these goods was quite satisfacttory. Moreover, as the best season.
Text read from the printed page and cleaned; old type leaves the occasional error.