Markets generally were lifeless during the week under review, except for Cotton and Yarn prices, which made a fair recovery after the deprecintion of the week before. The decision of the Scandinavian Cap Convention {to reduce prices for White and Coloured Cap by twenty shillings a ton, in order to compete with German and Japanese makers, and the fact that th latter makers are still unquoting Scandinavian makers Isa very typical example of cut-throat competition going on all over the world to-day and hampering trade recovery.
Text read from the printed page and cleaned; old type leaves the occasional error.