In their annual circular Messrs. Mocatta & Goldsmid anticipate that the effect of the cessation of silver purchases under the Pittman act will be largely discounted some time before it takes place. On the other hand, sales of Continental silver show signs of decreasing, and supplies will therefore considerably reduced by the time that American production comes into the market, thus two abnormal factors will tend to disappear simultaneously.
The report mentions China as a predominant factor of the market during last year, dnd refers to the larger imports taken direct by China from San Fran The report expresses the opinion that the large amount of silver taken Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.