Weekly report by courtesy Meggrs. J. Spunt & Ca.
'Chinese' Cotton: Prices Cotton "Exchange during' the week moved ina downward direction evolving a. decline on the whole bout $1.60 per picul lower than That last recorded.—Business in factual cotton may be stated to hav been negligible, as spinners in general show no Keenness whatever toward taking in supplies in any great Volume' at a time when the values of their yarn output ig facing gray flepreciation, and the prospects moment donot appear tobe sufficiently bright to stimulate hopes of any improvement inthe immed:
te future. The general sentiment'
the trade, in. bearishly" inclined and further lows, may be expecta, 'Yarn: "The declines registered during' the past, week may" be. ce! down as being other heavy, and is due mainly to the weakening. tendency" inthe support. given to the market for some time in the. past by the Cotton Industry Commission, and unless there be a revivifcation such support, or a considerable demand arise from the interior for factual. consumption of yarn, the resent trend. indicates further
Text read from the printed page and cleaned; old type leaves the occasional error.