4,086 bars from America, 6 bars to Hongkong Mhere were no movements of sycee during the week Kerivals wore:
$100,000 from Soochoy Shipments were '$00,000 to Tungchow The price came yesterday. Bad. ready and forward, showing] Fines of ted. ready and $d. fo ward, compared with last week's prices. The market hag been reported generally as quiet India ought and China is reported both og a buyer and a seller.
Bara in stock 4,931, including silver yon 10 lakhs, The stock is} 2,000 bars higher then Inst week. JBtocks of sycee-and dollars—are "éotiiateds ut: Tle. 300} lakhs and Owing to rather sharp fluctua. tions in the U.S. as well as the China exchanges, the market has) boon disposed to vacillate, The fact that most of the came from bears, and amount considerably on different Gays, naturally increased the irresolution of, the market. America was inclined to sell free. ly yesterday and the tendency of] prices to be checked at any mark-advance is evident. The Continent is not at present figuring} an a factor. ani
passage occurs in an article in The following illuminating the "Engineering and Mining] Journal Presx" of New York alluding to the London silver market "Te is thos three machinery appliances—cheap money rates, exchange centralization, and superlative brokerage organization (largoly the first) that made, make, keep and will keep London in control of the. world's " silver market, Her imperial trade nocesaitien require that she keep ip on the silver exchanges, via silver. Similarly, the London market rules wheat, cotton, and other commodities which Britain dace. not produce, but which the machinery.of British finance and cheap money carey,', and, dominate' 5
Text read from the printed page and cleaned; old type leaves the occasional error.