In the Piece Goods Market, since the beginning of the present State of Emergency there has been. no new business Out since the with-Arawal of fighting from the Shang. hai Oven there has been a consid able improvement: in clearances, although these still leave a lot to be desired, especially as regards wallon cargoes, 'There is no. doubt, that the attitude of native banks in vefasing to issue native orders which cane collected by foreign hanks is a very serious handicap' merchants "and dealers, and until some arrangement is made to overcome this difficulty business is bound to be curtailed. It yet remains to be seen what the effect of the recent disturbances will have on the market, It ig thought that it will be some time before the present conditions of financial stringency will ease up sufficiently to allow' business to proceed" in any way approaching normality. silk A Daring the past few weeks there dus been a very small demand from Burope for Szechuan Filatures. and satlee Reveols, whose prices have dropped a little, and. no! demand all From 'America. Thdia has been 4 regular buyer in small. quantities, Darticulariy' of Taatlee creels, vomparitively high prices. Practical iy'no business has, been reported in Steam Filatures' and nage Shantung and Tussah flatures-'The market is very quite: some Gealers are inclined to make conces-
markets are rather discouraging for Nang. "Reports "frm "consuming 8 interest being mainly in Japanese silks owl to the lower cost of th "Artificial Silk Yarn.
Artificial silk vara, in common th all yarns used in the weaving_ and knitting industries, has been seriously affected by the recent troubles' and the consequences of, them, In Chapei itself there were
Text read from the printed page and cleaned; old type leaves the occasional error.