In_their weekly report issued on Wednesday Messrs. Maitland, Fearon & Brand state Exchange:—From quotations given below it will be seen that the London price of silver has ruled unsteady. The last quotation—received 52}d for ready and diid. forward is about the same as_ last) week's closing price, but on a downward tendency. There is little doubt that the price of silver has been again influenced by speculative sales by gold dealers of T.T. on London in this market at rates high enough to make purchases of silver profitable to the banks. A relapse in the price of silver has occurred recently on every occasion on which this support has slackened. Reports with regard to exports are not present encouraging. in any case it would appear that the usm] seasons. will be delayed. Meanwhile it will be difficult for local speculation to offer much further support to silver.
At the close our exchange market is very quiet with an easy tendency.
Text read from the printed page and cleaned; old type leaves the occasional error.