Agreement for Reduction in Yarn Spindleage Cancelled
AJittle improvement has taken place in the piece ago is market} during the past week, while at the Yuenfong auction the tone. we decidedly better. 'The yarn market was adversely affected in the mi dle of the week when it was announcement that the 23 per cent. splitdleage reduction agreed upon by the Chinese Mill Owners' Associa-would be-cancelled at the end of the month's on May 21. ssu, PIECE, Goons. here es een tle mae mip, theless goods. a encase getic men quantities of single yarn poplins, Bilo celain "sionnd of ones Fought, Yo. book, in hose militaristic disturbances-are now in progress in the Szechuan province.
outlook in the yarn market is means optimistic and any bullish. operation in this direction had -better be avoided. for the time
Text read from the printed page and cleaned; old type leaves the occasional error.