(Weekly report by courtesy of Messrs. J. Spunt & Ca.)
Chinese Colton:—During the past week Chinese Cotton values gradual-appreciated showing an advance of $1.78 for near and $125 for forward months. This may be said to be due bull's support as well speculative buying influenced by continued steadiness in the forelgt markets. Holders of spot cotton do show any anxiety to sell except at prices more in consonance with their views, and" their altitude. ts strengthened by the fact that there still Is existing considerable disparity when compared with prices. current fon the foreign growth. ad it not een for the discouraging phase the yarn trade Chinese Cotton values would "have appreciated further. Movements from. the interior marts afler the spring festival have not as yet resumed their normal aspect and most of the storks are presumably in the hands of strong Ananciers. "Indications at the moment point steady to firm markets In the neat future, Yarn:—Demand proved to be a little better than last week and while prices advanced by about $3 to $4 per bale such was not commensurate with the advances registered on the material. Brighter prospeels are pected next month when the ells tomary spung trading Shanghai, Spot ex-mitt $1550 Tungchow, Spot ex-nul '$49.00 Shensi, Spot ex-mill, $40.00 Lingpse high, Spot ex: S seo Tientsin American. Spot $400 "Tone of the market
Text read from the printed page and cleaned; old type leaves the occasional error.