The Archive · 1933

The Shanghai Markets

No Definite Decision on Disposal of American Loan Cotton Reported Shanghai Sept. 30.

Mills are requesting the Government to raise funds to support the yarn market before they decide to buy up at market rates the 11,000 bales of cotton from the G.$50,000,000 America: loan, it was reported on the arrival of the shipment yest It is understood, however, that the Government will promi no relief measures unless the is rapid disposal of the cotton, realising sufficient funds to meet national requirements.

Text read from the printed page and cleaned; old type leaves the occasional error.

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