Goldsmid state The silver market has been very quiet and featureless during the past week and business has been on a small scale. The price has only varied between 317d. and 30Hd., the latter being to-day's quotations. Offerings from America and the Continent have been very moderate, but, with the small demand for the Indian bazaars, orders have been easily filled. Most of the business has again been the bears and bulls adjusting their position and there has been very little demand for shipment. This has tended to make spot silver more plentiful and the difference in price between spot and forward delivery has now narrowed to 3d. The tendency of the market seems a little uncertain, but the narrow range of prices which has continued for so long appears to indicate an undercurrent of strength and we do not look for any- important change at present.
Text read from the printed page and cleaned; old type leaves the occasional error.