(Weekly report by courtesy of Messrs, J, Spunt & Ca.)
Chinese' Cotton: There having been three holidays, the past week may be sot down as 2 very short one with hardly any spot business taking place on any of the few remaining Wworking days. Prices inthe Ex change' show lower for near and higher for forward months when compared with that of the previous period, The foreign markets continued a more or less firm basis which shows a. tendency to influence to some. extent the domestic markets. Weather conditions on the whole may be considered favourable to the new growth but itis as yet too early to attempt to predict even approximately what the size of the new crop will be. For the time being spinners would do well to take ad-Vantage of any reactions and buy on recession supplies for their requirements in the near future, Yarn: Demand has shown no improvement during the past week and although prices in the Exchange have shown a little appreciation such has evolved solely out of sympathy with the firmness being displayed in. the raw material, Tungchow, Spot excmill.°.. Shanghi hens, "Spot ex-mill
Text read from the printed page and cleaned; old type leaves the occasional error.