A slight improvement falls to be reported in yarn business compared with a week ago, There is more evement in the commodity, but. 0 far prices do not seem to be able to advance, At present the prineipal__mai for yarn is Shantung, while the Yangtze centres and the South remain quiet, Prices of China cotton have cased off slightly when any decline has been seen in America, Purchases by mills have not been on any large In their weekly report Messrs. J. Spunt & Ca, star China Cotton—Since the issue of our last circular prices on the local staple have remained with moderate undulations in a more or less steady resition notwithstanding the fact of very little demand evolving Jowing to the unimproved situation inthe local yarn markets which still in a semi-lethargic Consumers are apathet current offerings at favourable rates in the expectation of availing themselves of further declines, and while such realization is probable, the fact that actual current season tenderable stocks are not too plentiful at this stage with a period of nearly five months more before the: ow, season cotton appears on the niarket, should not altogether be overlooked. However, the strength, row being displayed in the Ameri-con and Indian markets is encouraging holders of domestic cotton to assume a firmer attitude and such Lccomes noticeable particularly when any inquiries evolve from spinners for- some of the better grades. The indications for the rear future' incline more toward the bullish than the bearish diree-
Yarn—Prices during past] week have been qui te steady with fluctuations wit a narrow range, Actual demand continues on a fea See stent tek Ste carat conservative policy appears fo be See et cee tore fessional operators.
Text read from the printed page and cleaned; old type leaves the occasional error.