The Archive · 1916

SILVER. STILL STEADY

Reuter's Service

London, March 17.

Samuel, Montagu & Co.'s weekly report says:—The tone of the silver market continues: remarkably steady. The demand for the Home Mint is the chief factor, but the Continent has been a more or less constant buyer.

'A few orders from India, the closeness of the China exchange to parity, absence of free selling by the United States, mintage by Japan on account of Russia, and the extension of the area in which the rupee has to do duty, as well as the readjustment of currency in India, all create confidence in the future of the market,

Text read from the printed page and cleaned; old type leaves the occasional error.

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