Bombay, Sept. 18.
The Bombay cotton market during the week under review very closely followed American cables, but general business was restricted by the smallness of European and Far Eastern demand with the possibility of restriction of Japanese importations further checking activity.
Substantial purchases of spot cotton were effected by Indian mills, Who also secured forward contracts in view of the bright prospects for mills here, consequent on decreased Japanese competition.
Recent rainfall has been beneficial to the crop, which is making good prógress.—Reuter, of
Text read from the printed page and cleaned; old type leaves the occasional error.
