Shanghai, June 17.
Thanks to a good demand, prices in the local cotton market are advancing, while the artificial silk yarn market for the' first time in weeks has shown some business, following a reduction in the price of tone of the Italian products. The local wheat market is now depressed by the American loan purchase, and the Chinese farmer now harvesting his crop will probably only realise low prices.
Text read from the printed page and cleaned; old type leaves the occasional error.