The market during the past week has been featureless with a complete Tack of inquiry. Dealers appear to be enrively concerned. with The disposal of extgo in hand and several stock lines are being offered fon the monet at prices which re-resent replacement costs at, the resent, level of exchange. These Prices, however, are not considered [any guide to market values general nya Ue, cly eaters i urgent need of funds who are prepared £0 sacrifice cargo on this basis, Clearances are' still extremely poor with no sign of any immediate Improvement and until the northern ports are again in the market {is dificult to see how the situation can be bettered.
Tmported cotton yarns have Jdcelined by about Tls. 20 to 25 during the week, this, no doubt, being" accounted "for by the im-
News from America as well as from Burope is "very. depressing, jand the local silk market has been affected correspondingly. s0 there is Ino business to report. during the past week, with the exception of 100 Taies"in "Steam Milature 20/22 80 per cent. at Tls. 800 and Tis, 810 the beginning of the" week Propects at present are rather gloomy, apan prices have declined.
Text read from the printed page and cleaned; old type leaves the occasional error.